BPCE_REGISTRATION_DOCUMENT_2017

6 SOCIAL, ENVIRONMENTAL AND SOCIETAL INFORMATION A range of services to meet the challenges facing our customers

ASSETS UNDER MANAGEMENT IN OPEN-ENDED AND DEDICATED SRI AND SOLIDARITY-BASED FUNDS AND EMPLOYEE ➡ SAVINGS PLANS

Change 2016-2017

2017 19.5

Indicator (in billions of euros)

2016 17.2

2015 16.4

Natixis AM o/w Mirova

13% 36%

9

6.6 5.6

5.6 4.5

Ecofi Investissements

5.7

2% 0%

BanquePalatine

0.03

0.03

0.06

TOTALASSETS UNDER MANAGEMENT IN OPEN-ENDED AND DEDICATED SRIAND SOLIDARITY-BASED FUNDS AND EMPLOYEE SAVINGS PLANS

25.23

22.83

20.96

11%

ASSETS UNDER MANAGEMENT IN SRI AND SOLIDARITY-BASED FUNDS AS A SHARE OF TOTAL ASSETS UNDER MANAGEMENT ➡

Change 2016-2017

2017 5.6%

Indicator (as a %)

2016

2015

Natixis AM

4.95% 66.5%

4.98% 62.2%

14%

Ecofi Investissements

70.1%

5% 0%

BanquePalatine

0.7%

0.7%

1.6%

SOLIDARITY-BASED FUNDS ➡

Change 2016-2017

2017

Indicator (AUM in millions of euros)

2016

2015

Natixis 90/10 (1) funds

2,716.9

2,335.8

2,124.8

16% 21% 17% 14%

Ecofi Investissements90/10 funds (1)

307.5

255.2

253.1

TOTALASSETS UNDER MANAGEMENT IN 90:10FUNDS Natixis funds invested in solidarity-based companies (2) Ecofi Investissements funds invested in solidarity-based companies (3) TOTALFUNDSINVESTED INSOLIDARITY-BASED COMPANIESBY NATIXIS AND ECOFI

3,024.4

2,591.0

2,377.9

165.8

145.5

151.7

34.5

33.2

31.1

4%

200.3

178.8

182.8

12%

90:10fundscombineSRI managementof listedsecuritiesand managementof unlistedsolidarity-basedsecurities. (1) Solidarity-basedbucketsof 90:10NAMMirova+ NATIXISsolidarity-basedfunds. (2) Direct investmentsin solidarity-basedcompanies. (3)

Responsible products sold by the Banque Populaire banks and the Caisses d’Epargne

Going above and beyond Because Groupe BPCE wants to go even further in the field of responsibility, Mirova has a 12-person responsible investment team that forms the backbone of the company and contributes to all activities. The team’s work is divided into four main responsibilities. The first is to teach about the complexand changingissues facing our society and the major transitions that lie ahead. It does this by performing extensive analyses by sector or as dictated by current events, and publishes its findings. The second is to aid in the investment process in all asset classes by providing sustainable development assessments of potential issuers. The third is to help institutionalinvestorsand asset managersexercise their voting rights and establish engagement initiatives, with the aim of making them active shareholders and working to improve practices. Finally, the responsible investment research team strives to demonstrate the impact of the strategies offered by Mirova through transparency in the form of comprehensive ESG assessments of client investments.

Responsible employee savings TheBanquePopulairebanksandtheCaissesd’Epargneproposea rangeof SRI and/or solidarity-basedemployee savings solutions via Natixis Interépargne(NIE), which is now the leader in employee savings in France.NIE was a pioneerin responsibleand solidarity-based employee savings,and was the first to offerits clientsopen-ended responsibleand solidarity-based companyinvestment funds. NatixisInterépargneis fully committedto the sustainabledevelopment path, ranking No. 1 in terms of solidarity-basedemployee savings inflows, with close to € 2 billion in AUM representing19.5% of the solidarity-basedemployee savings market. NIE’s savings inflows have combined with Mirova’s portfolio managementexpertise to achieve sustainableand solidarity-basedprojects. Projects such as these are developedby financingcompaniesthat strictlyobserveESG criteria,or

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Registration document 2017