IDENTITY May 2019 A universal model

In our capacity as the 2nd largest banking group in , we play a key role in the projects pursued by our 30 million customers, to whom we offer our support every day thanks to the expertise and know-how of our 105,000 employees.

Strong, respected brands

Groupe BPCE

nd largest banking million million cooperative Financing 2 group in France 30 customers 9 shareholders more than

2 A universal cooperative banking model

Diverse range of business activities in France and abroad

Retail banking, Asset & Wealth Insurance Management Banking and financial Asset management, services, Insurance, Wealth management Specialized financing Investment Managers, Banque Populaire, Natixis Wealth Management Caisse d’Epargne, Banque Palatine, Natixis Assurances

Corporate & Payments Investment Banking Capital Markets, Financing, Management of domestic, Trade & Treasury Solutions European and international payment instruments Natixis Natixis Payments

Financing % of the French Present in different more than 20 economy more than 40 countries

3 RETAIL BANKING, INSURANCE

Financing the economy at a local and regional level

aving for retirement, buying your first apartment, starting a new business and financing your company’s growth, Smanaging your everyday banking opera- €564bn tions in a few clicks, obtaining advice on This is the total of our loan outstandings how to develop your business activities in (as at December 31, 2018) France or abroad...

• As many expectations as customers Our provide our customers – a clien- tele of private individuals, professionals, associations, companies, and local author- €705bn ities – with personalized solutions tailored This is the total of our customers’ to their various needs and projects, ranging savings deposits from the most mundane to the most highly (as at December 31, 2018) complex… • Banque Populaire banks, Caisses d’Epargne, Banque Palatine, Crédit Coopératif, CASDEN... all our banks support their customers at every stage of their lives and play an active role in the economic development of our country. DIGITAL 4.4 million active users of Cyberplus and Banxo, the mobile applications of the Banque Populaire banks and Caisses d’Epargne.

(March 2019)

KEY HIGHLIGHTS

Loans worth €700 million Transforming a card for French SMEs into a loyalty card

A major agreement (for €500 million The Banque Populaire and Caisse signed in October and €200 million d’Epargne have launched FID PRO and 2018 between Groupe respectively) for small CE boost FID, an innovative digital solution BPCE and the European and medium-sized directly integrated into the payment Investment Fund enables enterprises within the terminal, to allow their professional © C. Levet/BPCE the Banque Populaire framework of their customers to develop their business banks and the Caisses mechanisms for financing activities and build customer loyalty. d’Epargne to step up competitiveness and In this way, the customer’s bank card is their support innovation projects. transformed into a loyalty card.

4 NORD

RIVES DE PARIS BRED(1)

(1) BRED ALSACE LORRAINE CHAMPAGNE 14 GRAND OUEST Banque Populaire banks including CASDEN and VAL DE FRANCE BOURGOGNE No. 1 FRANCHE-COMTÉ Crédit Coopératif bank for SMEs, with a 41% penetration rate

AQUITAINE (2017 TNS Kantar survey – including the CENTRE ATLANTIQUE AUVERGNE RHÔNE ALPES Banque Populaire banks, Crédit Coopératif and Crédit Maritime Mutuel banks)

OCCITANE

MÉDITERRANÉE SUD

MÉDITERRANÉE bank for professionals and individual entrepreneurs (1) BRED Banque Populaire operates in Guadeloupe, Martinique, No. 2 the Iles du Nord, French Guiana, Reunion Island, Mayotte, New Caledonia, French Polynesia, Fiji and Solomon Islands, Vanuatu, Djibouti, Ethiopia, Cambodia, Laos, Burma, and Switzerland.

bank for individual No. 2 customers HAUTS DE FRANCE

NORMANDIE

ILE-DE-FRANCE(1) GRAND EST EUROPE 15 BRETAGNE PAYS DE LOIRE Caisses d’Epargne LOIRE-CENTRE BOURGOGNE FRANCHE-COMTÉ

AUVERGNE ET LIMOUSIN RHÔNE-ALPES

(1) The Caisse d’Epargne AQUITAINE POITOU-CHARENTES LOIRE No. 1 Ile-de-France is also present in DRÔME ARDÈCHE lender to the social economy Saint-Pierre-et-Miquelon. CEPAC(2) with a 19.4% market share (2) The Caisse d’Epargne CEPAC MIDI-PYRÉNÉES is also present in Martinique, CÔTE D'AZUR Guadeloupe, Saint-Martin, LANGUEDOC-ROUSSILLON Saint-Barthélémy, Saint-Pierre-et- (2) Miquelon, Reunion Island and CEPAC Mayotte.

Transforming a bank card Being useful to women Banque Populaire into a loyalty card entrepreneurs launches Pack Famille

The Caisse d’Epargne has again Banque Populaire has committed itself to female innovated with the creation entrepreneurship with the of the first banking offer #FemmesDeTalent program. This aimed at families. For a fixed notably includes the creation of a price, Pack Famille (or Family referral network, the signing of regional Pack) offers the majority of action plans, commitment to women’s day-to-day banking services AN ACCOUNT A CARD THE SAME THE BEST support networks, and a partnership and the best of banking PER PER ADVISOR FOR OF DIGITAL PERSON ACCOUNT EVERYONE SOLUTIONS with Business & Professional Women. innovations.

5 RETAIL BANKING, INSURANCE

At the heart of real-estate financing activities

or individual customers, we also offer a wide range of financial solutions and expertise, No. 1 F particularly in the field of credit (consumer for real estate leasing credit, sureties & financial guarantees, tailor-made in France factoring services, equipment and real-estate (In-house analysis) leasing, financing solutions dedicated to real- estate professionals). No. 2 LEADING PLAYER IN REAL-ESTATE for home loan guarantees FINANCING FOR INDIVIDUAL in France​ (In-house analysis) CUSTOMERS €50bn This is the aggregate total of home loans granted by our No. 3 banks to French households for consumer credit and factoring in 2018, representing one out in France of every four real-estate projects (In-house analysis)

A front-ranking insurer

o satisfy the needs of the customers of the Banque Populaire and Caisse d’Epargne retail No. 3 banking networks, Natixis Assurances designs for bancassurance in France T (Based on 2017 revenues, and manages a comprehensive range of personal Argus de l’Assurance 2018) insurance products (life insurance, savings, trans- fer of assets, retirement, death benefit, long-term care insurance, payment protection insurance) and non-life insurance products (car and comprehensive home insurance, supplementary health insurance, personal accident insurance, multimedia device insurance, legal protection, non-banking insurance, remote surveillance, professional insurance). % • We are the fastest-growing player in the French 95 market and one of the top 10 insurance companies. of our customers are satisfied with the management of their claims

6 KEY HIGHLIGHTS

Supporting business innovation

With the Next Innov and Néo to the expertise of about one Business solutions for the Banque hundred specially trained advisors Populaire banks and Caisses in more than 70 specialized d’Epargne respectively, our business centers. For its part, two brands support innovative Néo Business boasts 50 Innovation companies and start-ups. In this project managers and has entered way, the customers of the Banque into approximately one hundred Populaire banks enjoy access regional and national partnerships.

Instant payment: a first in France! DIGITAL Natixis Assurances is the first insurance company in France to offer its customers 26.7 million a new, exclusive service providing for instant credit transfers carried compensation of insurance losses. Immediately out from mobile terminals after presenting their insurance claims, insured in the first quarter of 2019 customers have their bank accounts credited in real time with the compensation paid out.

Selfcare Mobile, your bank in a couple of clicks

In 2018, the Banque Populaire and Caisse d’Epargne banking applications were enhanced with new functionalities to simplify customers’ day-to-day banking practices: the execution of standing orders, deferred or instant credit transfers or transfers between friends; the instant MoneyPitch, a private bank addition of a beneficiary; real-time management in your mobile phone of their bank card in order to activate/deactivate remote or overseas payments or to block/ MoneyPitch, a digital solution, helps all the private unblock their card; enhanced security of online banking customers of the Banque Populaire banks and banking transactions thanks to Secur’pass, a Caisses d’Epargne in the management of their assets. customizable and reusable code. Our customers Through a secure web portal and mobile application, can also take out a 100% digital consumer loan, they enjoy access to extremely high-level services, completing the entire subscription process from ranging from account aggregation to personalized initial simulation to signing the offer, thanks to investment advice thanks to the expertise of their the use of electronic signatures. private banker. They can consult their personal financial situation 24 hours a day, 7 days a week, monitor the performance of their investments using 4.3/5 theme-based dashboards and receive notifications is the customer satisfaction rate for the Banque according to their investor profile. Populaire and Caisse d’Epargne applications

7 ASSET & WEALTH MANAGEMENT

Helping our customers to achieve their investment targets

atixis Investment Managers, the Group’s We make the full array of our expertise avail- management company boasting €802 able to our private customers, business N billion in assets under management, is owners and director-shareholders through one of the largest in the world. Present in more Natixis Wealth Management, which designs than twenty countries, it helps investors to and implements tailor-made financial solu- build their financial and real-estate asset port- tions to optimize their assets. folios. Thanks to the expertise of more than Finally, with Natixis Interépargne, we are a twenty affiliated asset management compa- front-ranking player in employee savings and nies implementing multiple investment strate- retirement schemes in France with more than gies, we help our clientele of institutional or 73,000 corporate customers, nearly 3 million retail investors to achieve their objectives investor accounts, and €32.8 billion in assets regardless of market conditions by offering under custody and management as at them a wide range of investment solutions. December 31, 2018.

ONE OF THE WORLD’S LARGEST ASSET MANAGEMENT COMPANIES

€802bn of assets under management (at December 31, 2018)

north & south europe, middle east, asia america africa pacific 7 offices 10 offices 7 offices th A multi-affiliate organization 16 Natixis Investment Managers’ international distribution ranking worldwide in terms of assets platform serves two major types of customers: institutional under management (Cerruli Associates) and retail investors.

KEY HIGHLIGHTS

An enhanced network Acquisition of of affiliates Massena Partners

Natixis Investment Managers has Natixis Wealth Management strengthened its network of affiliates is continuing to develop a with the creation of Thematics Asset new market position in the Management. This new Paris-based Wealth Management segment investment company will offer in France and Luxembourg investors access to a wide range of through the acquisition of theme-based strategies focused, in Massena Partners, an asset particular, on security, water, artificial management and investment intelligence, and robotics. consulting company.

8 CORPORATE & INVESTMENT BANKING

Helping our customers to achieve Sharing the wealth of our expertise their investment targets with large corporations and investors

hanks to the Corporate & Investment EXPERTISE Banking division of Natixis, we pro- IN 4 STRATEGIC SECTORS T vide advice and support around the world to a clientele of corporate customers, financial institutions, institutional investors, Energy & Natural Resources financial sponsors, and public sector enti- Energy, mining & metals, food ties along with the customers of our Banque industry for all types of market Populaire and Caisse d’Epargne retail players (producers, processors, banking networks. We offer them a diversi- traders, distributors, and fied range of innovative, tailor-made solu- service companies). tions designed to support and optimize their development. To do this, we rely on an inte- Infrastructure grated array of expertise: mergers & acqui- sitions advisory services, investment banking, financing (structured and tradi- tional), capital markets (fixed income, equity derivatives, commodities, research), trea- Social and transport infrastructure, sury solutions, and trade finance. Our Cor- conventional and renewable energy, porate & Investment Banking division enjoys offshore assets and telecommunications. benchmark status in four strategic sectors (see opposite). Aviation Airlines and aircraft leasing companies. No. 1 Real Estate & Hospitality M&A advisory award – large corporates Housing, logistics and category presented to Natixis Partners hospitality premises by Private Equity Magazine in 2018 (offices, shops, hotels, clinics, retirement homes, No. 3 etc.). in the M&A advisory segment in terms of number of transactions in 2018 for Natixis (L’Agefi)

KEY HIGHLIGHTS

International expertise

Natixis is strengthening its position in mergers & acquisitions through the development of a multi-boutique network. It consolidated its > 100 organization in 2018 with strategic investments M&A transactions in Fenchurch Advisory Partners in the United completed in 2018 Kingdom, Vermilion Partners in China, and Clipperton in France. These investments rounded out its operations based in France (via Natixis and Natixis Partners), Spain (Natixis Partners Spain), and the United States (PJ Solomon).

9 PAYMENTS

Offering connected, secure, and scalable payment solutions

hanks to Natixis Payments, we are NEW, able to offer services and products to PROMISING SERVICES T the clientele of the Banque Populaire and Caisse d’Epargne retail banking Thanks to its FinTech companies, Natixis Payments networks as well as to specific customers. provides the most advanced and connect- As a result, payment activities cover the ed solutions in line with the new behaviors of all entire payment value chain, from issuance its customers. to acquisition, from online payment to pre- paid cards and electronic wallets. In order e-merchants to become a key digital payment player in Europe, Natixis Payments relies on an eco- system based on solid expertise in financial flow processing services, card issuance and fraud prevention combined with the digital Individuals and associations solutions of its FinTech companies. Natixis Payments also contributes to the digital transformation of its customers by offering products adapted to new uses such Works councils as Open Payment, multi-payment or mobile payment solution.

20% 22 million 7.6 billion This is the share of the This is the number of cards This is the number of transactions payments market controlled by managed by Natixis Payments recorded per year, representing Natixis Payments in France in 2018 (+10% in two years) 20% of the French market

KEY HIGHLIGHTS

Launch of “Contactless” in public Samsung Pay transport

After Apple Pay, Groupe BPCE DIGITAL was the first banking group to offer the Samsung Pay solution.

Banque Populaire and Caisse © DR No. 1 d’Epargne customers can use The contactless payment card has become banking player in France their smartphones to make a ticket valid on public transport in Dijon thanks to offer theinstant their purchases wherever to the initiative launched by the Caisse d’Epargne payment solution to its contactless Visa payments are Bourgogne Franche-Comté and Natixis Payments customers accepted. in the area of Open Payment.

10 STRATEGY

Speeding up our transformation

ur Group has accelerated the pace its trans- FIRST PREMIUM formation with the announcement of defining PARTNER OF THE PARIS Oprojects that place local banking at the very 2024 OLYMPIC heart of our ambitions. AND PARALYMPIC GAMES • Creation of the Solutions and Financial This long-term partnership Expertise division around three business lines – which corresponds to what we are – represents an CREDIT CONSULTANCY CUSTODY SERVICES unprecedented opportunity to bring together our employees, cooperative shareholders and customers around a joint ambition: to offer our country an outstanding series of Olympic • First steps toward expansion in Games competed around the the European market country and shared by all! BPCE acquires a 50.1% equity interest in Oney Bank SA.

• Redeployment of the activities and expertise of Crédit Foncier in the Banque Populaire banks, Caisses d’Epargne, Banque Palatine, Natixis and BPCE.

• International presence Plans to dispose of banking interests in Africa. © Paris 2024 © Paris

KEY HIGHLIGHTS

Oney Bank: the first step in European expansion

Groupe BPCE will be taking a first distribution methods and step in its European expansion expertise, and on the creation through the acquisition from of new value for customers. the Auchan Group of an equity interest in Oney Bank SA*, already *The transaction will only be present in 11 different countries. completed once the necessary This long-term partnership will be authorizations have been founded on the complementary obtained from the competent strengths of our respective authorities.

11 ORGANIZATION

A robust and socially committed cooperative banking group

oasting deep roots at a local and region- Caisses d’Epargne respectively. The two retail- al level, we serve a total of 30 million banking networks own 100% of BPCE’s capi- B customers, 9 million of whom have tal on a 50/50 basis. This relationship opted to become cooperative shareholders based on trust confers upon us a responsi- owning 100% of the capital of the Banque bility expressed in a great many areas. Populaire banks and Caisses d’Epargne. Their Our cooperative model is the source of our representatives sit on the Boards of Direc- identity as well as our strength. It allows us tors and on the Steering and Supervisory to focus our corporate strategy and our Boards of the Banque Populaire banks and actions on the long term.

THE KEY FEATURES OF OUR BUSINESS MODEL

PARTICIPATORY LOCAL ABILITY GOVERNANCE PRESENCE TO TAKE ACTION OVER THE LONG TERM

The cooperative shareholders 29 banks operating in all the Indivisible reserves elect their representatives different regions of mainland to sit on the Boards and overseas France

THE FEDERATIONS, HOME TO THE COOPERATIVE SHAREHOLDERS

The Fédération Nationale des Banques Populaires (FNBP) and the Fédération Nationale des Caisses d’Epargne (FNCE) are bodies providing deliberation, communication and representation respectively for the two retail banking networks and their cooperative shareholders. They play a key role in defining, coordinating and promoting the cooperative spirit and social responsibility actions of the banks, in line with the commercial and financial orientations defined by Groupe BPCE.

12 ORGANIZATIONAL STRUCTURE OF GROUPE BPCE AT DECEMBER 31, 2018

9 MILLION COOPERATIVE SHAREHOLDERS

100% 100% (1) FNBP (2) FNCE (3)

BANQUE 50% 50% POPULAIRE CAISSES 14 BANKS 15 D’EPARGNE

BPCE

100% 71% (5)

SUBSIDIARIES (4) NATIXIS

(1) Indirectly through Local Savings Companies (2) Fédération Nationale des Banques Populaires (3) Fédération Nationale des Caisses d’Epargne (4) Banque Palatine, BPCE International, etc. (5) Float: 29%

SOCIETAL ENVIRONMENTAL SOLIDARITY COMMITMENT

€42.8 million paid to public €8.7 billion in outstanding loans interest structures at a regional in favor of the energy transition and local level

ACKNOWLEDGED FINANCIAL STRENGTH (AT DECEMBER 31, 2018)

REPORTED REPORTED NET INCOME Financial ratings (2) NET BANKING INCOME (GROUP SHARE) €24bn €3bn A+ A1 A A+ FitchRatings Moody’s R&I S&P

(2) Long-term senior preferred credit ratings CET1 RATIO (1) 15.5% Extra-financial ratings (1) At December. 31, 2018 – CRR/CRD IV without transitional measures; C-Prime AA 65/100 57/100 pro forma and after deduction from regulatory capital of irrevocable OEKOM MSCI Sustainanalytics Vigeo-Eiris payment commitments (IPCs).

13 CORPORATE SOCIAL RESPONSIBILITY

A benchmark banking group for green growth

e reaffirm our determination to be a responsible bancassureur by W directing our customers’ savings towards a more responsible economy and by financing the energy and ecological tran- sition. Our commitment includes identifying financing solutions for the energy transi- tion, speeding up responsible savings inflows, and promoting dedicated refinanc- ing tools such as the issuance of green or €71.8bn social bonds. This is the amount of deposits & savings held in responsible investments

of which €10bn FOUR PRIORITY SECTORS is managed by Mirova, an asset management company affiliated to Natixis Investment Managers, dedicated to sustainable investment

Improving the energy Renewable efficiency of buildings energies 37.9% This is the Group’s market share in solidarity-based savings, making it a front-ranking player in this segment (Finansol barometer, December 2018)

Sustainable agri- Low-carbon food production mobility

KEY HIGHLIGHTS

Financing of solar Financial Exclusion power plants engineering: a 100% policies dedicated structure The Caisse d’Epargne Midi- We have adopted exclusion Pyrénées arranged and financed, Grand Ouest Environnement, policies at Natixis targeting in association with Natixis and the the financial engineering sectors that represent major Caisse d’Epargne d’Auvergne et du structure set up by Banque environmental and human Limousin and the Caisse d’Epargne Populaire Grand Ouest, has challenges, such as: controversial Loire Drôme Ardèche, the financed more than weapons, coal industry, oil and development by the REDEN Solar 350 projects since its creation, gas exploration/production group of a portfolio of 12 solar including more than 250 in the industries, defense, and the power plants worth €21 million. photovoltaic sector. tobacco industry.

14 PATRONAGE & SPONSORSHIP

SPONSORING Support Sharing the thrill of sport in every field

he companies belonging to Groupe BPCE focus on sustainable actions in the heart of their regions

T to promote social solidarity, encourage talent, and © Vincent Curutchet/BPCE support all enthusiasts. In every field – culture, social solidarity and, of course, sports – our Group stands as Banque Populaire their No.1 supporter to accompany them on a daily basis As a ship-owner and competitor, Banque as well as during major events. Populaire has distinguished itself on all the seas and oceans of the world over the past 30 years. In 2019, the brand PARIS 2024 reaffirmed its commitment to sailing with the development of an ambitious A natural partnership program that will take it to the Paris 2024 Building on our partnership with Olympic and Paralympic Games. the French National Olympic & Sports Committee (CNOSF), we became the first Premium Partner of Paris 2024 on January 1st, 2019. In this way, our Group is beginning to write, with all its brands, a new chapter in the history of the Olympic and Paralympic Games. While this partnership strengthens © Philippe Millereau

our brands’ commitment to sport, it Pillaud © FFHB/S. Laurent Mignon, (right) Chairman of the Management also provides an opportunity for Board of Groupe BPCE our Group to give a concrete Caisse d’Epargne alongside Tony Estanguet, response to the challenges facing The Caisse d’Epargne, a partner of the French Chairman of the Organizing our society and to involve our Handball, Basketball and Ski Federations as Committee for the Paris 2024 employees, customers and well as the sponsor of a team of athletes, Olympic & Paralympic Games. cooperative shareholders around a puts all its energy and passion into its single ambition: to offer France an support and considers itself a truly exceptional and innovative series committed player alongside sportsmen of Olympic Games. and sportswomen.

PATRONAGE 800 prizewinners Commitment supported by the Fondation to society Banque Populaire since its creation in 1992. Favoring active patronage over the long term: to achieve this 40,000 visitors per year Poupart 92/Julien © Racing goal, our Group’s companies for the Belem, the three- and their foundations support a masted sailing vessel whose Natixis host of cultural and solidarity- foundation is supported by the Since 2007, Natixis has been supporting based initiatives. Above and Caisses d’Epargne. and encouraging the Racing 92 rugby beyond the examples club in its quest to win the French and concerning France as a whole, a 2019 European championships. Convinced that multitude of other actions are Natixis supports the Paris performance and excellence are pursued each year by our banks Symphony Orchestra’s digital transmitted from an early age, Natixis has at a regional level, working in platform initiative, named also been supporting the educational close collaboration with local Monsieur Onde, which is scheduled project of the three Racing 92 rugby stakeholders. to go online in June 2019. schools since 2013.

15 BPCE - Public limited company governed by a Management Board and a Supervisory Board with a capital of 168,438,120 euros Registered office: 50, avenue Pierre Mendès France 75201 Paris Cedex 13 Paris Trade and Companies Register No. 493 455 042 Illustrations: Mitch. Photos: Getty Images. Group Communications Department. May 2019 groupeBPCE.com