ACTIVITY REPORT 2021 SUMMARY OF THE 2021 RESULTS CONSOLIDATED INCOME STATEMENT KEY FIGURES BRED Group consolidated income statement (under IFRS 9) (in millions of euros) 2021 Increase Net interest margin and similar 922.7 + 14.8% Fee income 533.4 + 1 1 .3% Net banking income 1,4516. + 13.5% Personnel costs - 482.3 + 10.4% External services - excluding BPCE contribution - 160.7 - 3.4% Taxes and duties - excluding SRF - 31 + 0.2% Rental expenses (IFRS 16) - 28.9 - 2.4% Depreciation and impairment excl. leases - 46.8 + 4.2% Operating expenses excluding SRF and BPCE contribution - 749.7 + 5.8% Single Resolution Fund (SRF) - 27.5 + 24.3% BPCE contribution - 25.7 - 35% Expenses - 802.9 + 4.2% Gross operating profit 653.2 + 27.4% Cost-to-income ratio 55.1% - 4.9 pt Cost of risk on performing loans (levels 1 and 2) - 34.2 - 57% Cost of riskon depreciated loans (level 3) - 89.9 +9.8% Cost of risk - 124.1 - 23.2% Operating profit 529 + 50.7% Share of profits of associates 26.9 + 42.5% Net gains or losses on other assets and change 0.7 - 86.2% in value of goodwill Pre-tax pro fit 556.7 + 48.4% Corporate income tax - 142.3 + 35.7% Net profi t 4144. + 53.3% Minority interests - 2 NS Net profi t attributable to equity holders 412.4 + 52.7% of the parent company 42 dlrow eht ot nepO