Groupama // Universal Registration Document 2022

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

4.2.4 Focus on 2022. Groupama Immobilier, on behalf of Société Forestière Groupama, purchased the Bruneau forest (Yonne) This acquisition of a 315 ‑ ha single piece enables Société Forestière Groupama to strengthen its presence. This transaction is part of a multifunctional development strategy for its forest assets, bringing its portfolio to nearly 22,000 ha. This asset, like all of the SFG’s forests, will be PEFC (Programme for the Endorsement of Forest Certification) certified. This acquisition of Société Forestière Groupama reflects its commitment to very long ‑ term management by developing its portfolio on resilient assets. On 22 June 2020, the European Commission (EC) published the Taxonomy Regulation aimed at establishing a classification of green activities in order to guide financial flows towards more sustainable development and to combat greenwashing. The Taxonomy Regulation (2020/852) is the culmination of one of the points in the 2018 EC Communication on financing sustainable growth. It refers to a “unified classification system for sustainable activities” as the measure to achieve the objective of redirecting capital flows towards sustainable investments. By providing stakeholders with a uniform framework, including the environmental targets set out in this regulation, the Commission is structuring the process of transition to a more resilient and environmentally friendly economy. The taxonomy is part of a trio of European texts for the transition to sustainable finance with “SFDR” on sustainability reporting and soon “CSRD” on non ‑ financial reporting. EUROPEAN TAXONOMY Carbon study on Groupama forests. Data for 2022 The carbon stock of the forests and the total CO stored are increasing, largely due to the additional area contributed by the Bruneau forest. (2) 2 forest carbon stock: 10.5 million tonnes of CO (10.4 Mt in 2021), 21,882 ha ; ❯ 2 (3) annual increase in CO stored (balance between planting and cutting + storage of biomass): +187,429 t or +1.5% compared with 2021 at +184,652 t; ❯ 2 CO emissions avoided: 78,722 t by the use of traded timber (139,749 t in 2021); ❯ 2 CO stored in wood products: 47,914 t in 2022 vs. 79,728 t in 2021. ❯ 2

(b) Lastly, recall that the Group’s annual CO emissions should be viewed in comparison with the carbon stock and emissions prevented by the forest assets of Groupama, France’s number 2 private forest owner – see box below. Group carbon footprint indicator CO emissions in 2022/2021: +11.3%; CO emissions in 2022 ‑ 2013: -17.5%. Outlook The carbon footprint reduction target was stepped up as part of the new CSR strategy validated at the end of 2021. Thus, in the first half of 2022, the Group’s ambition was to reduce its carbon footprint by 20% between 2019 and 2024, by setting targets to reduce its business travel and energy consumption. This ambition is in line, but not strictly aligned, with a contribution to carbon neutrality, in the sense of the Paris Agreement. Adjusted for the application of different emission factors for the engines of our fleet vehicles, the Group’s carbon footprint, based on an equivalent scope, would be 50,203 tCO-eq in 2019 and 44,840 tCO -eq in 2022 . This represents a 10.7% reduction (over the same period, scope 1: 20,584 tCO -eq, -8%; Scope 2: 7,079 tCO -eq, -14,5%; Scope 3: 17,177 tCO -eq, -12%). Outside of this scope of measurement, and therefore not included in this 20% reduction target, we will extend the scope 3 measurement to purchases and fixed assets for future years. The action on fleets (models, mileage/fuel consumption) is a major factor of reduction. Operated cars continue to be represented in the share of CO emissions by far. It will also be necessary to count on the likely changes in employee behaviour – the pervasive effect of regular campaigns on eco ‑ behaviours, new habits adopted during the health crisis – but having an impact that is difficult to estimate at the moment. 2 2 2 2 2 (1) 2 2 2 2 Scope 1 (owned or leased cars, gas, fuel oil) shows the highest increase at 101.6%, which can be explained by the reallocation of the entire fleet operated on this scope, with a corresponding decrease in scope 3 (non ‑ owned cars, aeroplanes, trains) of 44.8%. Scope 2 (electricity, heat, chilled water) continued to decline at -3.4%. The Group’s policy of reducing consumption over the long term (energy ‑ related actions, travel control measures) continues to demonstrate its validity, with a decline of 4.7% compared with 2019 (comparable year in terms of activity - absence of health restrictions).

(1) (2) (3)

See methodology note. Calculation by EcoAct. Source: EcoAct and If Consultants for Société Forestière Groupama. The exact figure is 10,523,847 t of CO .

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Universal Registration Document 2022 - GROUPAMA ASSURANCES MUTUELLES