BRED GROUP November 2016

Contents Who are we? 03 BRED Group on its own 06 Outside of France 08 Our Location 10 BRED Group Strategy 12 Summary 15 / BRED Group Presentation

Who are we?

Who are we? BRED Group forms part of the BPCE Group located in Paris, France. BPCE Group is the second largest French Banking Group 35 MM Customers 108,000 employees 8,000 branches 38 banks Presence in over 50 countries Good Ratings: Standard and Poor’s – A /A-1 /Stable Moody’s – A2 / P-1 Fitch ratings – A / F1 /Stable / BRED Group Presentation

Who are we? Financial Highlights: Net Banking Income – € 23.8 BN (+ 4.5% over FY 2014) Common Equity Tier 1 ratio – 13.2% (+ 120 BPS over FY 2014) Total Assets – € 1.124 BN / BRED Group Presentation

BRED Group on its own

BRED Group on its own 5 250 employees of which 20% are located abroad More than 1.0 MM customers More than € 3.5 BN in equity Strong growth and good profitability. In FY 2015, BRED Group consolidated net banking income reached the symbolic mark of € 1.0 BN, up 8.7% Consolidated net profit rose by 19% to € 238 MM. Excellent solvency ratios, rated among the best in Europe Will be celebrating its 100th birthday in 2019 / BRED Group Presentation

Outside of France

Outside of France Located in 18 countries outside France Employs over 1100 Has over 100 branches Only French Bank with a presence in the South Pacific Independent Islands Provides 15% to the BRED Group net profit after tax / BRED Group Presentation

Our Location

Our Location France – Ile de France and Normandy France Overseas Territories (Reunion Island, Mayotte, Guadeloupe, Martinique, Guyana, New Caledonia and Tahiti) Europe (Belgium and Switzerland) South Pacific (Vanuatu, Fiji and Solomon Islands - 2017 opening) Eastern Asia (Laos, Cambodia, Myanmar and Thailand) East Africa (Djibouti, Ethiopia) / BRED Group Presentation

GROUP BRED Strategy

GROUP BRED Strategy To continue to develop its expansion and presence in Africa, Asia and South Pacific by : Creating green field operations like we are currently doing in Solomon Islands. If the opportunity arises, by way of acquisition. Creation of Representative Offices. All countries in the South Pacific are of interest to Bred Group. To put in place strong and cohesive management team at divisional and country level. Presence in Australia and New Zealand also forms part of our strategic development. / BRED Group Presentation

GROUP BRED Strategy BRED Group provides a wide array of services ranging from retail and business banking to corporate banking, private banking, asset management, insurance, private equity, FX, derivatives, all kinds of investment and hedging solutions. A RANGE OF SERVICES FOR LOCAL BANKS: CREDIT INVESTMENT INTERNATIONAL TRADE Letters of credit Documentary collections International guarantees Pre-export financing CASH MANAGEMENT Correspondent banking in over 150 countries World leader in Public Pension Payments: 16.7 million annual payments as of end of 2015 (+6% vs 2014) Cash letter Cash management Market products: spot/term foreign exchange A TRADING ROOM AND AN UNRIVALLED MONEY MARKET TEAM BRED offers Short and Medium Term Investment Solutions (from 1 day to 5 years) to more than a hundred of the largest non-French International Investors. €10 BN cash directly deposited with BRED €50 BN fixed income assets traded annually Spot/forward currency transactions Multi-currency financing Hedging products and derivatives / BRED Group Presentation

Summary

Summary Unique opportunity but one yet to be fully developed Position BRED Group as an International player in the South Pacific Region Subsequent leverage of the current and future network in areas of Asset Management and Private Banking.   / BRED Group Presentation

Questions very welcome