BPCE_REGISTRATION_DOCUMENT_2017

5 FINANCIAL REPORT

IFRS Consolidated Financial Statements of Groupe BPCE as at December 31, 2017

NON-CONSOLIDATED COMPANIES 17.6 AT DECEMBER 31, 2017 Non-consolidated companies include: significant interests that do not fall within the scope of ● consolidation; and

companies excluded from the scope of consolidation owing to ● their non-materialnature. The main significant interests that do not fall within the scope of consolidation,and details of the share of equity held either directly or indirectly by the Group, are as follows:

Amount of shareholders’ equity (1) in millions of euros

Amount of income (1) in millions of euros

Share of equity held

Company

Location

Reason for non-consolidation

Interestnot consolidatedbecausethe Groupdoes not have control, joint control or notable influence (includingtax structures) Interestnot consolidatedbecausethe Groupdoes not have control, joint control or notable influence (includingtax structures) Interestnot consolidatedbecausethe Groupdoes not have control, joint control or notable influence (includingtax structures) Interestnot consolidatedbecausethe Groupdoes not have control, joint control or notable influence (includingtax structures) Interestnot consolidatedbecausethe Groupdoes not have control, joint control or notable influence (includingtax structures) Interestnot consolidatedbecausethe Groupdoes not have control, joint control or notable influence (includingtax structures) Interestnot consolidatedbecausethe Groupdoes not have control, joint control or notable influence (includingtax structures)(socialhousingentities, etc.) Interestnot consolidatedbecausethe Groupdoes not have control, joint control or notable influence (includingtax structures) Interestnot consolidatedbecausethe Groupdoes not have control, joint control or notable influence (includingtax structures) Interestnot consolidatedbecausethe Groupdoes not have control, joint control or notable influence (includingtax structures) Interestnot consolidatedbecausethe Groupdoes not have control, joint control or notable influence (includingtax structures) Interestnot consolidatedbecausethe Groupdoes not have control, joint control or notable influence (includingtax structures) Interestnot consolidatedbecausethe Groupdoes not have control, joint control or notable influence (includingtax structures) Interestnot consolidatedbecausethe Groupdoes not have control, joint control or notable influence (includingtax structures) Interestnot consolidatedbecausethe Groupdoes not have control, joint control or notable influence (includingtax structures) Interestnot consolidatedbecausethe Groupdoes not have control, joint control or notable influence (includingtax structures) Interestnot consolidatedbecausethe Groupdoes not have control, joint control or notable influence (includingtax structures) Interestnot consolidatedbecausethe Groupdoes not have control, joint control or notable influence (includingtax structures)

BANCO FINANTIA

Portugal

11.00%

424

EUROSECURED NOTES ISSUER France

16.67%

-

-

FRANCEACTIVEGARANTIE

France

14.00%

26

1

HABITATIONMODERNE

France

14.84%

177

6

HLMCOUTANCESGRANVILLE France

16.16%

73

4

LOGI PAYS

France

17.30%

100

6

MEDUANEHABITAT (formerly SAHLM Laval)

France

11.45%

46

1

NOUVEAULOGIS MERIDIONAL France

13.70%

134

11

NEWCOALTARES

France

16.66%

100

-

PARNASSE MAÏF

France

19.98%

393

33

SA HLM HARMONIEHABITAT (formerlyCIF HABITAT)

France

12.22%

142

5

SA HLM LE FOYERVENDEEN France

12.49%

92

5

SAIEM GRENOBLE HABITAT

France

10.76%

118

4

SCICHABITATBOURGOGNE CHAMPAGNE

France

18.62%

158

6

SEMPAT 90

France

15.77%

44

1

SOCIETE DES TROISVALLEES France

12.38%

125

5

SYSTÈME TECHNOECHANGE ET TRAITEMENT

France

15.04%

94

8

THOHR2

Belgium 12.47%

701

11

Shareholders’equityand incomefor the last fiscalyear knownas of the closingdate,basedon the accountingstandardsapplicablein the countryof registration. (1) Informationon companiesexcludedfrom the scope of consolidationdue to their non-materialnature is availableon the GroupeBPCE websiteat the followingaddress:https://www.groupebpce.fr/Investisseur/Information-reglementee.

338

Registration document 2017