BPCE_REGISTRATION_DOCUMENT_2017

LEGAL INFORMATION Statutory Auditors’ special report on related-party agreements and commitments

Agreements between CNP Assurances, BPCE, Natixis and ABP Vie (a subsidiary of Natixis Assurances) Directorsconcernedon the applicabledate: FrançoisPérol, Presidentof the ManagementBoardof BPCE, Chairmanof the Boardof Directorsof Natixis and a member of the Board of Directors of CNP Assurances, Jean-YvesForel, a memberof the ManagementBoard of BPCE and a memberof the Boardof Directorsof CNP Assurances,DanielKaryotis,a memberof theManagement Boardof BPCEandpermanent representative of BPCEat Natixis,AlainCondaminas, a memberof the SupervisoryBoard of BPCE and a memberof the Board of Directorsof Natixis,Catherine Halberstadt, a memberof theSupervisoryBoardof BPCEanda memberof the Board of Directors of Natixis, Didier Patault, a member of the SupervisoryBoard of BPCE and a memberof the Board of Directorsof Natixis,ThierryCahn,a memberof the SupervisoryBoardof BPCEand a memberof the Boardof Directorsof Natixis,PierreValentin,a memberof the SupervisoryBoardof BPCEanda memberof the Boardof Directorsof NatixisandGérardBellemon,a memberof the SupervisoryBoardof BPCE and a member of theBoard ofDirectorsof Natixis Assurances. Tranche2 newbusinessreinsurancetreatybetweenABP Vie and CNP ● Assurancesin the presenceof BPCE and Natixis:90% reinsuranceby CNP Assurances for newbusinessinvolvingex-CNP customers. Tranche 2 reinsurance administration contract between ABP Vie, ● CNP Assurances and BPCE in the presence of Natixis, designed to define administrative arrangements: the supply by BPCE to CNP Assurances of the list of customers - insured, in accordance with the periodicity and other provisions of the contract, in the event of the observance of any interest rate or behavioralmarketshock, and deployment of the necessary tests to ensure the proper - functioning of the procedures (including the exchange of information) provided for by the contract. EuroCroissance administration contract between CNP Assurances, ● BPCE and ABP Vie in the presence of Natixis, designed to define administrativearrangementson similar bases to those applying to the tranche2 reinsurance administration contract. This agreementhad noimpact onBPCE’s2017 financialstatements. EuroCroissance contract between CNP Assurances and ABP Vie in the presence of BPCE Directors concerned on the applicable date: François Pérol, President of the Management Board of BPCE, Chairman of the Board of Directors of Natixis and a member of the Board of Directors of CNP Assurancesand Jean-YvesForel, a memberof the ManagementBoard of BPCE and amemberof the Board of Directorsof CNP Assurances. The EuroCroissance contract has been executed between CNP Assurances(actingin its name and on behalf of itself and in the name and on behalf of its subsidiaries), BPCE (acting in its name and on behalf of itself and/or, as the case may be, in the name and on behalf of the membersof the Caisse d’Epargnenetworkas central institution of the Caisse d’Epargnenetwork,and/or in the name and on behalf of the members of the Banque Populaire network as central institution of the Banque Populaire network, and/or in the name and on behalf of its subsidiaries) and ABP Vie, in the presence of Natixis. The EuroCroissance contract provides for compensation for the technical commitments arising as a result of payments by insured customersinto EuroCroissancefunds (an investmentvehicle providing for the constitutionof a Technical Provision for Diversification)with effect from January 1 of the calendar year of observance of any interest rate or behavioralmarket shock, independentlyof the date of subscription of the corresponding policywith ABP Vie. This agreementhad noimpact onBPCE’s2017 financialstatements.

Pension savings agreements between CNP Assurances and BPCE

Directors concerned on the applicable date: François Pérol, President of the Management Board of BPCE, Chairman of the Board of Directors of Natixis and a member of the Board of Directors of CNP Assurancesand Jean-YvesForel, a memberof the ManagementBoard of BPCE and amemberof the Board of Directorsof CNP Assurances. Retirement savings plan partnership agreement between CNP ● Assurances and BPCE mentioning in particular the termination of the distributionof the life insuranceand capitalizationproducts of CNP Assurances by the Caisse d’Epargne network with effect from January 1, 2016 (subject to certain contractual exceptions). The agreementhas been signed betweenCNP Assurances(acting in its name and on behalf of itself and of its subsidiaries) and BPCE (acting in its name and on behalf of itself and, as central institution,in the name and on behalf of the membersof the Caisse d’Epargne network and of Banque Palatine, Banque BCP, Banque des Antilles Françaises, Banque de la Réunion, Banque de Nouvelle-Calédonie, Banque de Saint-Pierre-et-Miquelon and Banque de Tahiti). Implementationof a Savings Mechanism between CNP Assurances ● and BPCE involving two contracts: a contract providing the assurance of a stable portfolio level for CNP Assurances, acting in the event of additional redemptions, or reduced subsequent payments, compared to the anticipatedamounts and conversely, a contract providing for remuneration of BPCE’s outperformance if the reverse applies. Both contracts will apply to all retirement savings plan life insuranceand capitalizationpoliciesissued by CNP Assurances; they will be deactivated in the event of any interest rate or behavioral market shock and would then be renegotiated. BPCE has guaranteed CNP Assurances against any additional tax burden induced by the Savings Mechanismwhich is intended to be fiscally neutral forCNP Assurances. Addendum to the retirement savings plan life insurance ● commissioning agreement designed to extend the agreement until maturity of the last such policy issued by CNP Assurances. Distributors are remunerated on the basis of a contractual percentage applied to movements and outstandings subject eventually to increasebased onthe type of policy involved. The agreementhas been signed betweenCNP Assurancesand BPCE acting, as central institution, in the name and on behalf of the members of the Caisse d’Epargne network and of Banque Palatine, Banque BCP, Banque des Antilles Françaises,Banque de la Réunion, Banque de Nouvelle-Calédonie, Banque de Saint-Pierre-et-Miquelon and Banque de Tahiti. Thisagreementhadno impacton BPCE’s2017financialstatements. Agreements relating to borrowers’ insurance and providence policies Directors concerned on the applicable date: François Pérol, President of the Management Board of BPCE, Chairman of the Board of Directors of Natixis and a member of the Board of Directors of CNP Assurancesand Jean-YvesForel, a memberof the ManagementBoard of BPCE and amemberof the Board of Directorsof CNP Assurances.

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Registration document 2017