BPCE - 2018 Registration document

FINANCIAL REPORT IFRS Consolidated Financial Statements of Groupe BPCE as at December 31, 2018

Long-term payment plans settled in cash and indexed to the Natixis share price Payments under these plans are subject to presence and performance criteria.

Fair value of indexed cash unit at valuation date in euros

Number of units vested by beneficiaries

Initial number of units granted*

Year of plan

Grant date

Vesting date

October 2016 October 2017 October 2018 March 2018 March 2019 March 2019 March 2020 March 2020 March 2021 March 2021 March 2022

1,576,403 1,449,399 -

2014 plan

02/18/2015

4,493,016

6.37

2015 plan

02/10/2016

6,084,435

-

6.11

2016 plan

04/10/2017

2,835,311

-

5.47

2017 plan

02/23/2018

2,660,487

-

5.34

988,570 1,886,095

2018 plan

02/26/2019

3,260,945

2.72

The expected number of units at the vesting date is funded by equity swaps. *

Short-term cash-settled payment plans indexed to the Natixis share

Number of probable indexed cash units at vesting date

Number of indexed cash units granted at inception

Fair value of indexed cash unit at valuation date in euros

Value of indexed cash unit (in euros)

Year of plan 2018 plan

Grant date

Vesting date 02/26/2019

5

02/26/2019

4.66

6,235,792

6,235,792

4.66

The expense associated with the short-term plan is fully recognized in the 2018 financial statements in the amount of € 36 million, versus € 42 million at December 31, 2017.

Share-based payment plans Payments under these plans are subject to presence and performance criteria.

Number of shares granted at inception Vesting date

Number of units vested by beneficiaries

Fair value of bonus share at valuation date in euros

Bonus share price at grant date in euros

Year of plan 2013 plan 2014 plan

Grant date

07/31/2014 02/18/2015

31,955

July 2018

4.83 6.18

4.02 3.45

95,144 February 2019

March 2018 March 2019

2015 plan 2016 plan

07/28/2016 3,081,642

3.43 3.43

2.80 1.62

07/28/2016

151,283

July 2020

March 2019 March 2020

2016 plan 2017 plan

04/10/2017 3,012,307

4.28 6.44

4.43 3.32

05/23/2017

79,369

May 2021

March 2020 March 2021 March 2021 March 2022

2017 plan

02/23/2018 2,765,576

7.06

5.34

2018 plan

02/26/2019 2,987,841

4.44

2.73

331

Registration document 2018