UNIVERSAL REGISTRATION DOCUMENT 2023

4 CORPORATE SOCIAL RESPONSIBILITY (CSR) Declaration of Extra ‑ financial Performance

(e) Risk of not taking into account the social/ societal impact of companies in which Groupama invests All the impacts, risks, and opportunities associated with the sustainable investment policy are set out in the sustainability strategy. In addition to respect for human rights, health, and safety, the social factor is increasingly taken into account in our analyses. Risk control levers Groupama takes into account all ESG criteria (environmental, social and governance criteria) in its investment and financial risk management policy. In analysis of companies and organisations, extra ‑ financial and financial issues are closely linked. The integration of all environmental, social/societal and governance information allows for greater portfolio resilience, anticipating risks and identifying new opportunities to invest in sectors with the highest expected growth. At the same time, Groupama has taken steps to meet European regulatory requirements (including the SFDR and the Taxonomy regulation). For more than 20 years, Groupama, a financial player in the economy’s long ‑ term development, has been involved in promoting Socially Responsible Investment (SRI), through its asset management subsidiary, Groupama Asset Management. Its expertise in analysis and research, its management products, and its mobilisation within French and international representative environments make it one of the recognised leaders in this field. To affirm this commitment, in 2018, Groupama Asset Management created an ESG Strategy Department whose mission is to disseminate ESG in all departments through an active training policy. At the same time, it aims to move the offering towards greater ESG integration and to develop a broader range of impact products. It should also be noted that Groupama Asset Management has an active shareholder engagement policy, based on PRI criteria, to which the Company is a signatory, and that it complies with the exclusion policy in accordance with international treaties (Ottawa and Oslo). Focus on 2023 Groupama Asset Management is continuing to expand its range of SRI ‑ certified funds. The aim is to provide the most comprehensive SRI coverage possible across all asset classes and management expertise. These funds are available through life insurance, employee savings, and group retirement. Groupama Asset Management thus has a total of 50 SRI ‑ certified funds. (1)

April 2023: Groupama Asset Management announces the launch of an equity subfund of its G Fund Health and Wellness SICAV, which invests in companies “considered innovative and creators of economic and social value in the health and well ‑ being sector”, particularly with a view to “prolong life in good health and lifelong well ‑ being”. “Health and well ‑ being are strategic issues highlighted by the health crisis”. Social impact investment The objective of “Groupama Social Impact Debt” is to offer our customers a social impact through their investment by enabling them to invest in SMEs rooted in the local community. Groupama invests in the local economic fabric by directly supporting entrepreneurs by granting loans of €5 million to €20 million. To align our convictions as a player in sustainable finance and as an investor, we select solid companies that are committed to improving their social assessment. Groupama thus supports companies that make commitments to job creation or the purchasing power of employees. The amounts of responsible investment – assets managed according to ESG criteria – by Groupama Asset Management are indicated in the Environment/Climate section. Focus on employee savings Since it was formed, Groupama Epargne Salariale has taken a CSR approach in particular thanks to its offering of financial vehicles intended for the 140,000 employees of 18,000 customer companies. At the end of 2023, nearly 90% of assets managed by Groupama Epargne Salariale were invested in SRI ‑ certified funds. By way of comparison, this rate is close to 40% for all employee savings schemes in France (source: AFG). In 2023, more than 30 investment vehicles offered by Groupama Épargne Salariale had the SRI Label, created by the French Ministry of Finance, and were therefore recognised for incorporating, in addition to financial criteria, factors related to the impact of issuers on the environment, society, and governance issues. Another significant element of the CSR approach is the success of online subscriptions, which represent 97% of subscriptions for the regional mutuals. Financing the real economy The Groupama group is committed to financing the economy, particularly through support for growing SMEs/ISEs as well as assets contributing to sustainable development (renewable energy infrastructure, technological infrastructure, etc.). This financing is done through both the shares of unlisted companies (private equity – PE) and infrastructure as well as via private debt (loans). In 2023, Groupama committed €625 million in new unlisted assets (PE, infra, and loans), including €275 million in infrastructure, mainly European. (2)

(1) (2)

PRI: Principles for Responsible Investment. Environmental, social, and governance criteria.

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Universal Registration Document 2023 GROUPAMA ASSURANCES MUTUELLES