BPCE_REGISTRATION_DOCUMENT_2017

4 2017 ACTIVITIES AND FINANCIAL INFORMATION Groupe BPCE financial data

4.3.2

Groupe BPCE’score businesses

Groupe BPCE redefined its business lines in the TEC 2020 strategic plan presented on November 29, 2017, notably making the decision to split up the InvestmentSolutions,Corporate& InvestmentBanking and Specialized Financial Services division. The Investment Solutions sub-division’s Insurance business line and the Specialized Financial Services sub-division were transferred to the Retail Banking and Insurancedivision. the Banque Populaire network, comprised of 14 Banque Populaire ● banks and their subsidiaries, Crédit Maritime Mutuel, and the Mutual GuaranteeCompanies; the Caisse d’Epargne network, consisting of the 16 Caisses ● d’Epargne; Specialized Financial Services (SFS), a Natixis business line ● encompassing specialized financing activities (factoring, leasing, consumer credit, sureties and financial guarantees),payments and financial services; Insurance, a Natixis business line serving the Groupe BPCE ● networks and their customers; Other networks, which comprise Crédit Foncier group, BPCE ● International (BPCE I) and Banque Palatine. Asset &Wealth Management,a Natixisbusiness line consisting of: Asset Management, which operates on several international ● markets, combining expertise in investment management and distribution; The Group now has three core business divisions: Retail Banking andInsurance, which includes:

Wealth Management, with Natixis Wealth Management, which ● offers wealth management and financing solutions for large private-sectorinvestors. Corporate &Investment Banking, adivisionof Natixis: Corporate & Investment Banking advises and supports corporates, ● institutional investors, insurance companies, banks and public sector entities. The Corporate Center, which primarily includes: the Group’s centralinstitution and holding company; ● Natixis’equity interestsin Coface,CorporateData Solutions,Natixis ● Algérie and NatixisPrivate Equity; unlistedinvestmentsand cross-business activities; ● items related to goodwillimpairmentand amortizationof valuation ● differences, which are associated with the Group’s equity interest acquisition strategy; the contribution to the Single Resolution Fund and the Deposit ● GuaranteeFund. As of the publicationof the 2017 annual results, the presentationof the business divisions reflects these segment reporting amendments, in addition to changes in the capital allocation standards applied by Natixis (Basel III average RWA increased to 10.5% versus 10% previously)and in the rate of return on capital (lowered to 2% from 3% previously). The segment information of Groupe BPCE has been restated accordingly for previous reporting periods.

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Registration document 2017