2019 Universal registration document and annual financial report - BNP PARIBAS4

1 Presentation of the BnP PariBas GrouP

1

Group presentation

1.1 Group presentation

BNP Paribas, Europe s leading provider of banking and financial services, has four domestic Retail Banking markets in Europe, namely in France, Belgium, Italy and Luxembourg.

It operates in 71 countries and has nearly 199,000 employees, including over 151,000 in Europe. BNP Paribas holds key positions in its two main businesses:

■ Retail Banking and Services, which includes:

■ Domestic Markets, comprising:

■ French Retail Banking (FRB),

■ BNL banca commerciale (BNL bc), Italian retail banking,

■ Belgian Retail Banking (BRB),

■ Other Domestic Markets activities including Arval, BNP Paribas Leasing Solutions, Personal Investors, Nickel and Luxembourg Retail Banking (LRB);

■ International Financial Services, comprising:

■ Europe-Mediterranean,

■ BancWest,

■ Personal Finance,

■ Insurance,

■ Wealth and Asset Management;

■ Corporate and Institutional Banking (CIB):

■ Corporate Banking,

■ Global Markets,

■ Securities Services.

BNP Paribas SA is the parent company of the BNP Paribas Group.

1.2 Key figures

RESULTS

2015 2016 2017 2018 2019

Revenues (in millions of euros) 42,938 43,411 43,161 42,516 44,597

Gross operating income (in millions of euros) 13,684 14,033 13,217 11,933 13,260

Net income Group share (in millions of euros) 6,694 7,702 7,759 7,526 8,173

Earnings per share (in euros)(*) 5.14 6.00 6.05 5.73 6.21

Return on equity(**) 8.3% 9.3% 8.9% 8.2% 8.5%

(*) Based on net income Group share adjusted for interest on Undated Super Subordinated Notes deemed equivalent to preferred shares issued by BNP Paribas SA and treated as a dividend for accounting purposes.

(**) Return on equity is calculated by dividing net income attributable to equity holders (adjusted for interest on Undated Super Subordinated Notes issued by BNP Paribas SA, treated as a dividend for accounting purposes and adjusted for the foreign exchange effect on redeemed Undated Super Subordinated Notes) by average permanent shareholders equity, not revaluated, between the beginning of the year and the end of the year (shareholders equity attributable to equity holders adjusted for changes in assets and liabilities recognised directly in equity, Undated Super Subordinated Notes, remuneration net of tax payable to holders of Undated Super Subordinated Notes and proposed distribution of dividends).

MARKET CAPITALISATION

31/12/2014 31/12/2015 31/12/2016 31/12/2017 31/12/2018 31/12/2019

Market capitalisation (in billions of euros) 61.4 65.1 75.5 77.7 49.3 66.0

Source: Bloomberg.