Groupama // Universal Registration Document 2022

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

Note: Groupama has developed an application for forecasting storms occurring in “clusters” in mainland France, a phenomenon well known to the insurance industry, also known as “clustering”. Beyond extreme events, policyholders are exposed to a multiplicity of recurring climate events; it is therefore essential for Groupama to understand their determinants in order to better anticipate them. Providing confidence in risk control allows us to deliver on compensation in the most difficult of times. Thus, in the coming years, the focus will be on: supporting the client, including providing information on public support that can be obtained for a more resilient reconstruction; ❯ desensitisation in order to preserve a sustainable economic performance, a guarantee of security for those who trust us; ❯ developing the expertise of operational staff through awareness ‑ raising and training. ❯ Focus on the reform of crop insurance in agriculture. Towards an economically viable and protective crop insurance system This type of insurance currently covers only approximately 20% of cultivated area, which is very insufficient. As a major contributor to the public debate on this subject, Groupama’s objective was to act in 2022 in order to be ready by 1 January 2023; the main principles underlying this reform are as follows: universal protection for all, whether insured for climate risks or not, with a climate risk management system (pool of insurers sharing on technical aspects); ❯ the return to technical balances allowing the system to stabilise thanks to a better link between insurance and public intervention; ❯ the principle of a single point of contact for farmers whether they are eligible for insurance or the agricultural disaster fund, renovated with a view to simplification; ❯ insurers are expected to play this role as a single point of contact, including for non ‑ insured persons, because of their know ‑ how and efficiency in claims management. ❯ Groupama will thus be one of the leading insurers for all farmers, whether insured or not. The issue of educating: the Group’s know ‑ how is recognised, and its role during the construction of the reform was key. As the number 1 insurer in the agricultural world, Groupama had all the assets to support all farmers and our policyholders

initially. Numerous meetings were organised in the regions in 2022 to explain and promote the reform, with the mobilisation of employees and elected representatives. It should also be noted that: during 2022, regional mutuals organised lectures on climate change open to members and the general public; ❯ the Web series Indispensables agriculteurs created an episode on: “How weather ‑ related risk events can impact farms”. ❯ 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 prevention agents (126 FTEs at the regional mutuals and those at Groupama Assurances Mutuelles) were 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. Note: (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.

Full ‑ Time Equivalent, number of budget FTEs resulting from the 2021 general expenses survey. Third ‑ Party Liability.

(1) (2)

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Universal Registration Document 2022 - GROUPAMA ASSURANCES MUTUELLES