Groupama // Universal Registration Document 2022

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

With regard to sustainable savings, Groupama, via its subsidiary Groupama Gan Vie, has been offering its savers the opportunity to contribute to the global objective of reducing the carbon footprint via “Porphyre Transition Climat Septembre 2022”, a green debt security issued by Crédit Agricole CIB. This security is built to limit its carbon footprint, and also includes a mechanism to offset the residual emissions of the investment. All these aspects, as well as the policies implemented and the results, are presented in detail in the document published each year by Groupama, the reporting under Article 29 of the Energy Transition law (LEC), available online at Groupama Immobilier, on behalf of Société Forestière Groupama, purchased the Bruneau forest (more than 300 ha) in Yonne in 2022. ❯ As an institutional investor, Groupama is emphasising its responsible investment policy and its commitment to the energy transition by joining the Net ‑ Zero Asset Owner Alliance, supported by the United Nations. The Net ‑ Zero Asset Owner Alliance is a United Nations ‑ supported initiative that brings together international insurers and pension funds committing to transition their investment portfolios to carbon neutrality by 2050. The members wish to contribute to limiting global warming to 1.5 °C above pre ‑ industrial temperatures, in line with the Paris Agreement. At the same time, the Groupama group has become a member of the PRI (Principles for Responsible Investment). The Group’s main commitments are now broken down into the following three points: €1.2 billion in additional sustainable investments between 2022 and 2024; ❯ 50% reduction in the carbon intensity of equity and bond portfolios between 2021 and 2030, in line with the Paris Agreements; ❯ reinforcement of the Group’s unconventional energy policy in 2022, with two focuses: ❯ ending any new direct investment in companies contributing to the development of new unconventional oil and gas projects, ■ but committed to continuing to finance the transition; the Group continues to support and finance companies wishing to contribute to this energy transition (subsidiary or project dedicated to financing the energy transition, green bonds, etc.). ■ https://www.groupama.com/fr/investisseur/ investisseur ‑ responsable/rapport ‑ climat ‑ et ‑ esg/.

(b) Performance indicator Amount of responsible investment – assets managed according to ESG criteria by Groupama Asset Management: €93.5 billion in 2022 (€91 billion in 2021, €80.5 billion in 2020), or 83% of total assets under management, 78% as at 31 December 2021, 74% in 2020. Additional indicator Share of “eligible” investments according to the European Taxonomy presented in section 4 of this document. The risk of not taking the environmental and climate impact into account in offerings (products and services) and underwriting policy The significant risk associated with this is the failure to take into account the needs of policyholders in terms of resilience or support in the energy transition. This is an increasingly important issue due in particular to climate change, while maintaining the balance of our business model through controlled exposure. In addition to this is the consideration of the environmental impact (degree of pollution, including carbon emissions) of our policyholders’ businesses and therefore the indirect impact of our insurance business on the environment. As mentioned in point 4.2.2.4., being a responsible insurer and a contributor to the fight against climate change and to the energy transition means being a group capable of providing economically affordable solutions to policyholders in the face of major environmental and climate changes. Adaptation to climate change Groupama, a major player in property and casualty insurance, is exposed by the very nature of its activities and the importance of its territorial roots. The residential and agricultural markets are thus particularly affected by the loss experience in our portfolio. At the heart of its business, Groupama must assume the financial cost of climatic accidents through the financial compensation and material solutions it provides to individuals and companies, communities, etc. affected by natural disasters. The insurability of climate events over time is an issue, given the continuous increase in the loss experience. 2022 confirms this structural trend, with storms/hail in France during Pentecost weekend, the inclement weather in Corsica, and cyclone Batsirai on Réunion island in particular. Building drought and crop damage also increased significantly this year. Although storms and thunderstorms stand out as significant hazards in value, climate change is profoundly altering our exposure to drought and flooding, implying that we should focus our actions on these hazards. (1) (2)

(1) (2)

Environmental, social, and governance criteria. Including external customers.

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Universal Registration Document 2022 - GROUPAMA ASSURANCES MUTUELLES