524 2019 Universal registration document and annual financial report - BNP PARIBAS

7 a Committed Bank: information ConCerninG the eConomiC, soCial, CiviC and environmental resPonsiBility of BnP PariBas

7

Our economic responsibility: financing the economy in an ethical manner

84 ESG/SRI labels were awarded in 2019

■ BNP Paribas Asset Management was ranked No. 1 in France for SRI- labelled assets under management (20% of the EUR 138 billion of assets under management are labelled assets), and second by number of funds (with 34 funds out of 321).

■ BNP Paribas Asset Management was also ranked No. 1 in Belgium by number of funds (80 funds out of 320) and by assets under management (EUR 54 billion labelled or 39% of total assets).

France Belgium

Funds SRI label Greenfin Finansol CIES Towards Sustainability

Equities 44 certified funds 21 1 37 Bonds 19 certified funds 7 1 2 1 18 Diversified 32 certified funds 4 5 2 24 Money market 2 certified funds 2 1 1

■ The SRI label was created in 2016 and supported by the French Ministry of Economy and Finance, to increase the visibility of SRI products to savers both in France and Europe-wide;

■ The Greenfin, label was created by the French Ministry for the Ecological and Inclusive Transition, and endorses the green credentials of investment funds;

■ Finansol identifies investments in the solidarity economy and microfinance;

■ The CIES (Comité Intersyndical de l'Épargne Salariale inter-union employee savings scheme committee) certifies the incorporation of ESG criteria into employee savings;

■ in Belgium, the Towards Sustainability label, granted by Febelfin, aims to reassure potential investors that financial products are managed with sustainability in mind.

These labels confirm BNP Paribas Asset according to sound methodological standards Management s long-term commitment to develop and promote its range of SRI products.

A marked increase in inflows

BNP Paribas Wealth Management continued to roll out its SRI offering in particular by extending its sustainable product and service offering. In 2019, SRI assets reached EUR 14.9 billion, representing growth of 36% since 2011.

In Belgium, SRI development continued both in terms of labels (see above) and inflows. BNP Paribas Fortis is the Belgian SRI fund market leader with EUR 18 billion in assets under management and a market share of over 35%.

TAILORED ADVICE AND SUPPORT

Supporting female entrepreneurship:

274 million women worldwide manage their own company or are in the process of setting one up. For example, in France, only 4 in 10 company founders are women(1). And yet, women play a major role in economic and social development, particularly in emerging countries.

The Group contributes through its entities to accelerate the growth of women-founded start-up and SMEs, through for example:

■ long-standing actions carried for women entrepreneurs by French Retail Banking with a budget of EUR 2 billion dedicated to supporting their projects in 2019. In two years, more than 34,000 referrals have been made within the French entrepreneurial ecosystem, and loans of over EUR 3.2 billion have been put in place;

■ the continuation of the Women in Business programme, which was developed in 2018 from a partnership between BMCI and the European Bank for Reconstruction and Development, which finances and supports Moroccan SME managed by women;

■ the March 2019 Senegal launch of the Programme d'Appui aux Femmes dans l'Agriculture et le Développement Durable PAFADD (Programme to Support Women in Agriculture and Sustainable Development), in conjunction with UN Women. This programme will enable 15,000 Senegalese women farmers to access financing, land and farming technology to improve their performance and independence.

Start-up and innovative companies

BNP Paribas is developing an ecosystem designed to promote the development and support of innovative companies. This support, particularly active in its Domestic Markets, comprises:

■ 61 support hubs (the WAI, We are Innovation ) in France, including a specialist fintech hub, comprising employees dedicated to innovative enterprises;

■ 5 start-up houses, in Belgium, Turkey, Italy, Luxembourg and France, where the teams co-create on a daily basis with fintech developers, digital operators and start-up;

■ booster programmes putting start-up into contact with BNP Paribas clients (medium-sized suppliers (ETI) or large corporates) for 6 months of co-innovation (WAI Boost);

■ tailored products and services, particularly investments;

■ in total in 2019, over 500 start-up have been supported by the BNP Paribas innovation hubs in France.

(1) source: INSEE