1432019 Universal registration document and annual financial report - BNP PARIBAS

32019 review of oPerations

3

Alternative Performance Measures (APM) Article 223-1 of the AMF s General regulation

m 2019 2018

PEL-CEL Effects(1) 12 20

(1) Reminder on PEL/CEL provision: this provision, accounted in the FRB s revenues, takes into account the risk generated by Plans Épargne Logement (PEL) and Comptes Épargne Logement (CEL) during their whole lifetime.

m 2019 2018

BNL banca commerciale (Including 100% of Private Banking in Italy)(1)

Revenues 2,778 2,792

Operating Expenses and Dep. (1,800) (1,797)

Gross Operating Income 978 995

Cost of Risk (490) (592)

Operating Income 488 402

Non Operating Items (5) (3)

Pre-Tax Income 483 399

Income Attributable to Wealth and Asset Management (41) (43)

Pre-Tax Income of BNL bc 443 356

Allocated Equity ( bn, year to date) 5.3 5.5

(1) Including 100% of Private Banking for the Revenues to Pre-tax income items.

m 2019 2018

BNL banca commerciale (Including 2/3 of Private Banking in Italy)

Revenues 2,690 2,704

Operating Expenses and Dep. (1,753) (1,752)

Gross Operating Income 938 952

Cost of Risk (490) (593)

Operating Income 447 359

Non Operating Items (5) (3)

Pre-Tax Income 443 356

Allocated Equity ( bn, year to date) 5.3 5.5

m 2019 2018

Belgian Retail Banking (Including 100% of Private Banking in Belgium)(1)

Revenues 3,524 3,595

Operating Expenses and Dep. (2,480) (2,521)

Gross Operating Income 1,044 1,074

Cost of Risk (55) (43)

Operating Income 989 1,031

Share of Earnings of Equity-Method Entities 13 10

Other Non Operating Items (3) 8

Pre-Tax Income 999 1,049

Income Attributable to Wealth and Asset Management (70) (70)

Pre-Tax Income of Belgian Retail Banking 929 980

Allocated Equity ( bn, year to date) 5.8 5.7

(1) Including 100% of Private Banking for the Revenues to Pre-tax income items.