BPCE_REGISTRATION_DOCUMENT_2017

5 FINANCIAL REPORT

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

Ownership interest

Consolidation method (2)

Company

Business

Location (1)

I) CONSOLIDATINGENTITY BPCE SA II) BPCE SASUBSIDIARIES 3F HOLDING

Holding company

FR

100%

FC

Holding company

DE

98%

FC

IT systems and software consulting

ALBIANT-IT

FR FR FR FR FR FR FR FR FR FR FR FR FR DE DE FR FR FR FR FR FR FR FR FR FR FR LU FR FR FR

98%

FC FC FC FC FC FC FC FC EQ EQ FC FC FC FC FC FC FC EQ FC FC EQ EQ FC FC FC EQ FC EQ FC JO FC FC FC FC FC FC FC FC FC FC FC FC FC

BP COVERED BONDS

Funding

100%

BPCEACHATS

Servicescompany

52%

BPCE IMMOBILIER EXPLOITATION BPCE INFOGÉrANCE ET TECHNOLOGIE BPCEMASTER HOME LOANS FCT BPCEMASTER HOME LOANS DEMUT

Real estate investment

100%

IT services

55%

French securitization fund (FCT) French securitization fund (FCT)

100% 100% 100%

BPCESFH

Funding

BPCESERVICES FINANCIERS (formerlyCSF-GCE)

Servicescompany Data processing

39% 34%

CLICKAND TRUST

DELESSERT FCP 2DECREGPT

BPCEGuaranteeand Solidarityfund

100%

DOCONE

Servicescompany

51%

ESNI

Securitization company

100%

FIDORBANK AG

Online bank

97% 97%

FIDORSOLUTION AG

Digital technology R&D

GCE CAPITAL

Privateequity

100% 100%

GCE PARTICIPATIONS

Holding company Guaranteecompany Servicescompany

GIE CE SYNDICATION RISQUES

38% 83% 71% 30% 34%

GIE ECUREUIL CREDIT

NATIXIS GROUP (3)

INFORMATIQUEBANQUESPOPULAIRES

IT services IT services

IT-CE

MIFCOS NEFER

Real estate investment

100%

Holding company Servicescompany

51%

SOCIÉTÉ D'EXPLOITATIONMAB (SEMAB)

100%

SOCRAM BANQUE

Bank

33% 96%

SURASSUR

Reinsurance

HOLASSUREGROUP CNP ASSURANCES (GROUP)

Insurance

16%

HOLASSURE SOPASSURE

Holding company Holding company

100%

50%

BPCE INTERNATIONAL GROUP ARAB INTERNATIONAL LEASE BANQUE DENOUVELLE-CALÉDONIE

Equipmentand realestate leasing

TN NC

57% 97% 97%

Bank Bank Bank Bank Bank Bank Bank Bank

BANQUE DETAHITI

FP

BANQUE DESMASCAREIGNES

MU MG TN CG CM MG

100%

BANQUE MALGACHE DE L’OCÉAN INDIEN

71% 60%

BANQUE TUNISO KOWEITIENNE

BCI BQ COMMERCIALE INTERNATIONALE

100%

BICEC

68% 73%

BM MADAGASCAR BPCE INTERNATIONAL

Specialized credit institution

FR

100%

BPCE InternationalHo Chi MinhCity Vietnambranch

Specializedcredit institution Real estate development Real estate development

VN MA MA

100% 100% 100%

BPCEMAROC

BPCEMAROC IMMOBILIER

446

Registration document 2017