UNIVERSAL REGISTRATION DOCUMENT 2023

6

EARNINGS AND FINANCIAL POSITION

6.1

6.3

MANAGEMENT REPORT OF THE BOARD OF DIRECTORS

CHARACTERISTICS OF THE MUTUAL CERTIFICATES AND REMUNERATION POLICY

176

199 199

6.1.1 European macroeconomic and financial environment 6.1.2 Significant events of fiscal year 2023 6.1.3 Post ‑ balance sheet events 6.1.4 Analysis of financial statements

6.3.1 Legal regime for mutual certificates 6.3.2 Characteristics of the mutual certificates issued by Groupama Assurances Mutuelles

176 178 178 179 192

199 199

6.3.3 Remuneration policy

6.1.5 Debt

6.1.6 Risk management and reliability of financial information

6.4

192 195

CASH AND GROUP FINANCING

200 200

6.1.7 Financial futures policy

6.4.1 Issuer’s financing structure 6.4.2 Employment and cash

6.1.8 Analysis of the annual financial statements for the fiscal year

201

195 198

6.1.9 Outlook

6.5

ADMINISTRATIVE, JUDICIAL, OR ARBITRATION PROCEEDINGS

6.1.10 Groupama’s 2023 declaration of extra ‑ financial performance

201

198

6.2

DIVIDEND DISTRIBUTION POLICY 199

175

Universal Registration Document 2023 GROUPAMA ASSURANCES MUTUELLES