UNIVERSAL REGISTRATION DOCUMENT 2023

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

Groupama has registered 9,000 more crop insurance policies since the reform of the agricultural risk management system came into force in 2023. And 7,000 grassland insurance policies registered. Insurance is one of the business areas covered by the new European green taxonomy regulations, under the heading of climate change adaptation. The Group has undertaken work to meet this requirement (refer to the corresponding section of the DEFP). On environmental protection and contribution to climate change mitigation Groupama is certainly exposed to this risk given its activity (proportion of non ‑ life insurance in particular), but it remains fundamentally controlled thanks to compliance with existing or new regulatory requirements. The Business Departments conduct ongoing regulatory and technical monitoring to adapt the offerings. Prevention is becoming a major factor in preventing or reducing carbon emissions generated by repairs or reconstructions. The Group’s network of preventionists (133 FTEs at the regional mutuals Groupama Assurances, Mutuelles, and Gan) are involved. Some examples on environmental protection, environmental TPL : this is a compulsory cover for professional risks with limits of cover and in accordance with the regulatory provisions; in business and local authorities insurance: proposal or addition of environmental liability, with ecological damage. In terms of environmental protection: (1) (2) reinsurers have so far not imposed clauses excluding certain environmental risks; ❯ changes in the regulations on “group actions” (since 2014) have led to the purchase of specific reinsurance to protect against the economic consequences of this type of proceeding; ❯ a policy of monitoring and controlling the accumulation of risks is carried out at the Group level ( e.g. on fire cover, which may have an environmental impact by extension); with regard to claims, also note the role of issuing alerts of the claims function on the quality of the risk (cf. Seveso ‑ classified sites). ❯ The enactment of pollution or other standards is not within Groupama’s authority; in essence, we insure players complying with recognised standards. In terms of contribution to climate change mitigation or environmental preservation, in recent years and 2023, note: in housing, Groupama joined forces with Maison Saint Gobain to make it easier for its customers to carry out energy renovation projects (guide, possible loans, advice articles on groupama.fr, personalised estimate and project support, and contact with approved contractors); ❯ in multi ‑ risk home insurance, the offerings include cover for home equipment producing renewable energies, and Groupama pioneered an environmentally friendly “new for old” programme for household appliances requiring replacement; ❯

In 2023, Groupama created the first borrower insurance dedicated to low ‑ carbon agricultural projects. Following the launch in 2022 of its (re)forestation damage insurance for the forestry sector (protection of woodlands), Groupama continues to support low ‑ carbon development. The new Groupama “Low ‑ Carbon Borrower” offering is incorporated into agricultural projects certified by Stock CO2, a carbon offsetting operator. The aim is to protect the financing of a project if the operator is no longer able to operate. In the event that the farmer is unable to complete a project and therefore generate the carbon credits, this innovative solution covers the financial advance paid to the farmer by the investors. renewable energy production cover. Groupama is the leader in insurance and prevention in methanisation activities, with 60% of French methanisation units insured; also note our work on simplifying the rules for underwriting and accepting photovoltaic panel risks on buildings for agricultural use. In 2023, Groupama had 13,000 policies on the agricultural market, including photovoltaic panels, i.e. +60% compared with 2020 (Groupama insures more than 50% of photovoltaic installations in agriculture); ❯ the notion of environmental damage was introduced in the French Criminal Code in 2016; this cover is integrated into our environmental TPL offerings. ❯ in motor insurance, the launch in 2022 of a new offering for electric vehicles, which notably covers battery failures; in 2023, the portfolio of the regional mutuals (including hybrids) doubled compared with 2021; ❯ in motor prevention insurance, the Centaure centres enabled 14,520 trainees to complete an eco ‑ driving module in 2023: more than a third of the trainees. Courses on low ‑ carbon mobility ( e.g. scooters) are being developed; ❯ in motor casualty insurance, Groupama contributes to the circular economy: repairing (rather than replacing) 34.4% of bumpers and shields (on cars insured by Groupama and Gan) in 2023. Groupama has achieved its target for reused parts by 2024, with more than 14% of cases in this area on the market (compared with around 11% in 2022). Note: In 2023, Gan Assurances rolled out a pilot “green repair” (over ‑ the ‑ counter) scheme with a network of experts. Repairs, recycled paintwork, and reused parts–as well as the growing use of remote assessments–all help reduce costs and carbon emissions. The measurement of the carbon footprint of motor and home insurance claims management is under study; ❯ (3) agriculture. Groupama has partnered with Exo Expert to support the development of drones in risk protection and the deployment of new services for farmers. The developed services will enable Groupama to optimise the performance and quality of insurance benefits, such as close monitoring of the situation of crops, damage suffered, or the effective identification of areas affected by a climate event, and with a drone, the calculation of nitrogen modulation maps for wheat and rapeseed; these are reduced costs, better production, and a positive impact on the environment; ❯ Groupama has been part of the Contract of Solutions initiative set up as an association since the beginning of 2020 in order to reduce the use and impact of pesticides (sheets of solution for farmers); ❯

(1) (2) (3)

Source: “Prevention function” Group project, updated at the end of 2023. Third ‑ Party Liability. Cases closed with repair (RMP rate).

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Document d’Enregistrement Universel 2023 GROUPAMA ASSURANCES MUTUELLES