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30.09.2026 Results | 1 RESULTS THIRD QUARTER 2026 28 OCTOBER 2026
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30.09.2026 Results | 2 DISCLAIMER The figures included in this presentation are unaudited. As a reminder, on 16 March 2026, BNP Paribas published quarterly series for 2025, restated to reflect, among other things, the reorganization of Global Capital Markets within CIB, the evolution of the sharing agreement between Wealth Management and CPBS, the transfer of 50% of Kantox from New Digital Businesses to Global Markets and the evolution of the main components of IPS and central costs allocation following the integration of AXA IM and into Asset Management. This presentation includes forward-looking statements based on current beliefs and expectations about future events. Forward-looking statements include financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with respect to future events, operations, products and services, and statements regarding future performance and synergies. Forward-looking statements are not guarantees of future performance and are subject to inherent risks, uncertainties and assumptions about BNP Paribas and its subsidiaries and investments, developments of BNP Paribas and its subsidiaries, banking industry trends, future capital expenditures and acquisitions, changes in economic conditions globally, or in BNP Paribas’ principal local markets, the competitive market and regulatory factors. Those events are uncertain; their outcome may differ from current expectations which may in turn significantly affect expected results. Actual results may differ materially from those projected or implied in these forward-looking statements. Any forward-looking statement contained in this presentation speaks as of the date of this presentation. Consequently, actual results may differ from those projected or implied in these forward-looking statements due to a variety of factors. These factors include among others: i) BNP Paribas’s ability to achieve its objectives, ii) the impacts from central bank interest rate policies, whether due to continued elevated interest rates or potential significant reductions in interest rates, iii) changes (including interpretation) in regulatory capital and liquidity rules, iv) continued elevated levels of, or any resurgence in, inflation and its impacts, v) the various geopolitical uncertainties and impacts related notably to the war in Ukraine, conflicts in the Middle East, vi) the various uncertainties and impacts related to political instability, including in France, or vii) the precautionary statements included in this presentation. BNP Paribas undertakes no obligation to publicly revise or update any forward-looking statements in light of new information or future events. It should be recalled in this regard that the Supervisory Review and Evaluation Process is carried out each year by the European Central Bank, which can modify each year its capital adequacy ratio requirements for BNP Paribas. The information contained in this presentation as it relates to parties other than BNP Paribas or derived from external sources has not been independently verified and no representation or warranty expressed or implied is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained herein. Neither BNP Paribas nor its representatives shall have any liability whatsoever in negligence or otherwise for any loss however arising from any use of this presentation or its contents or otherwise arising in connection with this presentation or any other information or material discussed. The sum of values contained in the tables and analyses may differ slightly from the total reported due to rounding. The alternative performance measures are defined in the press release published jointly with this presentation.
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30.09.2026 Results | 3 S E C T I O N 1 Key points
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30.09.2026 Results | 4 Strong revenue growth • CIB (+16.6%): excellent quarter • CPBS (+3.6%): particularly strong momentum in CPBE up +9.5% • IPS (+5.3%): solid performance and AXA IM integration on-track ⎯ Revenues 13,757 12,569 Operating efficiency and cost control • Cost/Income ratio improvement accelerating: 58.3% (-2.3 pts) ⎯ Operating expenses 8,016 7,610 Gross Operating Income up by double-digit ⎯ GOI 5,741 4,959 Cost of risk in line with 2026 guidance <40 bps ⎯ Cost of risk 964 905 Operating Income fueled by operational performance ⎯ Operating income 4,756 4,040 Pre-tax income up significantly ⎯ Pre-tax income 5,061 4,284 Net income at a high level ⎯ Net income 3,456 3,044 3Q26 RESULTS | Very good quarter, underpinned by strong commercial and operating momentum 3Q25 restated1 (€m)3Q26 (€m)* +18.1% +9.5% +13.5% Jaws effect: +4.1 pts 39 bps +17.7% Launch of a €1.3bn share buyback programme in Nov.26 anticipating the distribution of 2026 earnings, as authorised by the ECB +15.8% CET1 ratio2 30.09.26: 12.9% incl. Athlon (~-15 bps) CET1 ratio 31.12.26 anticipated >13% ROTE 9M26 13.2% vs. 11.4% in 9M25 EPS 9M26 €9.36 (+20.1% vs 9M25) *Limited FX and scope impacts in 3Q26
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30.09.2026 Results | 5 ⎯ Support functions transformation: Net Cost Savings expected TRAJECTORY | C/I ratio improving, with support functions stepping up their contribution from 2027 ⎯ 2027 Net Cost Savings (NCS) supported by concrete action plans, with a clear roadmap towards 2030 priorities Shoring Org. simplification, renunciation Process optimisation AI External spend (incl. Real Estate) % 2027 NCS Anticipated % 2030 NCS Addressable cost base ~€15bn ~50% Group cost base 2021 2026 2030 €600m annual average €400m annual average ~€700m 2022-2026 annual average ~€1bn 2027-2030 annual average ~€540m 9M26 NCS Net Cost Savings 2027-2030 ~€2.4bn from support functions out of ~€4bn at Group Level ⎯ On track for a Cost/Income ratio (C/I) below 56% by 2028 67.3% 61.2% <56% 2021 2022 2023 2024 2025 2026e 2027e 2028e Average decline in C/I: ~2 pts/year Average decline in C/I: ~1.5 pts/year C/I ratio 59.0% 9M26 C/I ratio
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30.09.2026 Results | 6 9.57 10.29 2024 2025 2026e 2027e 2028e ⎯ We target >+10% earnings and double-digit EPS growth CAGR 25-28 ⎯ Strategic plans / Deep Dives We raise our 2026 targets and confirm our 2028 targetsTRAJECTORY | 9M26 2026e 2028e 2030e ROTE 13.2% 30.09.26 12% >13% Cost/Income ratio 59.0% ~60% <56% Net income (m€) +19.1%* vs 9M25 > +7% CAGR 24-26 > +10% CAGR 25-28 CET1 ratio 12.9% 30.09.26 >13% 31.12.26 13% 31.12.28 2028 RoTE >13% Personal Finance, CPBF (France), BNP Paribas Bank Polska Asset Management / AXA IM, CPBB (Belgium) BNL bc (Italy) 2030 Strategic Plan CIB, IPS, CPBS 2025 1H26 18 Nov. 26 2 Feb. 27 2027 11,688 12,225 2024 2025 2026e 2027e 2028e € EPS 9M26 +20.1% / 9M25 €9.36 CAGR >+8% CAGR >+7% €m CAGR >+10% Net income, Group share Double-digit CAGR 9M26 +19.1%* / 9M25 €11,018m *+9.3% excluding exceptionals
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30.09.2026 Results | 7 ⎯ Building capital while increasing payout ratio ⎯ A capital trajectory combining disciplined growth and shareholder return TRAJECTORY | Earnings, capital & shareholder return: a compelling story • We reached our 13% CET1 ratio target in 2Q26 ahead of schedule • We expect a CET1 ratio > 13% before year-end 2026 • We will launch a €1.3bn Share buyback programme in Nov.26 anticipating the distribution of 2026 earnings, as authorised by the ECB • From 2026, additional distribution above 13% CET1 ratio will be determined on an annual basis ⎯ A strategy building resilience, low earnings volatility and accelerating our earnings profile 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026e 2028e €6.7bn Excess capital 13% > X2 Net income, Group share 8.9% 9.9% 10.5% 11.4% 12.1% 12.8% 12.8% 12.9% 30% 32% 44% 47% 50% 53% 60% 60% 6.0% 7.0% 8.0% 9.0% 10.0% 11.0% 12.0% 13.0% 14.0% 20% 25% 30% 35% 40% 45% 50% 55% 60% 65% 2011 2013 2015 2017 2019 2021 2023 2025 3 year-rolling CET1 ratio 3 year-rolling pay-out CET1 ratio end 2026 >13% From 2026, additional distribution above 13% CET1 ratio will be determined on an annual basis 30.06.26 31.12.26 >13% CET1 ratio
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30.09.2026 Results | 8 S E C T I O N 2 3Q26 results Group
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30.09.2026 Results | 9 3Q26 & 9M26 PROFIT & LOSS STATEMENT *On 16 March 2026, we published on our website a restatement of the 2025 quarterly series under the 2026 reporting format €m 3Q26 3Q25* Var. / 3Q25 9M26 9M25* Var. / 9M25 Revenues (NBI) 13,757 12,569 +9.5% 41,904 38,110 +10.0% Operating Expenses and Dep. -8,016 -7,610 +5.3% -24,712 -23,099 +7.0% Gross Operating Income 5,741 4,959 +15.8% 17,192 15,011 +14.5% Cost of Risk -964 -905 +6.5% -2,835 -2,555 +11.0% Costs of legal risks on financial instruments -21 -14 n.s -365 -129 n.s. Operating Income 4,756 4,040 +17.7% 13,992 12,327 +13.5% Share of Earnings of Equity-Method Entities 346 221 +56.6% 805 641 +25.6% Other Non Operating Items -41 23 n.s. 935 113 n.s. Pre-Tax Income 5,061 4,284 +18.1% 15,732 13,081 +20.3% Corporate Income Tax -1,424 -1,076 +32.3% -4,295 -3,364 +27.7% Net Income Attributable to Minority Interests -181 -164 -10.4% -419 -464 -9.7% Net Income Attributable to Equity Holders 3,456 3,044 +13.5% 11,018 9,253 +19.1% Cost/income 58.3% 60.5% -2.3pt 59.0% 60.6% -1.6pt Average corporate income tax rate: 30.2% (3Q26); 26.5% (3Q25); 28.8% (9M26); 27.1% (9M25)
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30.09.2026 Results | 10 3Q26 & 9M26 EXCEPTIONAL ITEMS (€m) 3Q26 3Q25* 9M26 9M25* Revaluation of a financial stake (Corporate Centre) +38 Total Revenues +38 Restructuring costs and adaptation costs -89 -89 -408 -173 IT reinforcement costs -25 -65 -98 -236 Total operating expenses -114 -154 -506 -409 Cost of legal risk on financial instruments (Corporate Centre) -219 Total operating income -114 -154 -687 -409 Gain on disposal of financial stakes (Insurance) +81 +81 Revaluation of an equity stake (Corporate Centre) +372 Revaluation of an equity stake (BNL) +100 +268 Net Capital Gain on AGEAS transaction (Corporate Centre) +858 Total other non-operating items +81 +100 +1,311 +268 Total exceptional items (pre-tax) -33 -54 +624 -141 Total impact on Net income, Group share -2 -9 +868 -35 Effects of the hyperinflation situation in Türkiye1 Impact on pre-tax income -79 -75 -271 -251 Impact on Net income, Group share -59 -64 -241 -193 *On 16 March 2026, we published on our website a restatement of the 2025 quarterly series under the 2026 reporting format
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30.09.2026 Results | 11 ⎯ 9M26 revenue growth: +10.0%⎯ 3Q26 revenue growth: +9.5% Sustained growth across the board REVENUES | €6,863m +3.6% Strong organic revenue momentum, supported by the favourable rate environment and positive fee dynamics across CPB At Arval, first quarter of Athlon integration, against a challenging used car market backdrop. Strong business momentum supporting revenue growth at Personal Finance. Solid performance at NDB and PI. €1,993m +5.3% Strong revenue growth reflecting solid commercial momentum and on-track integration of AXA IM Solid organic growth in Insurance. Positive momentum in both Wealth Management and Asset Management supported by fees and deposit margins €m €5,201m +16.6% Excellent quarter reflecting the strength and breadth of our global client franchises Strong momentum across regions, notably in the US and APAC Global Banking accelerating. Excellent quarter for Equity & Prime Services. Robust Securities Services performance, benefiting from recently onboarded clients. CPBS IPSCIB YoY 12m rolling revenue growth (%) 3Q23 3Q24 3Q25 3Q26 +9.5% +5.6% +1.1% -5.0% 12,569 741 241 100 106 13,757 3Q25 CIB CPBS IPS Corporate Centre 3Q26 12,569 13,757
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30.09.2026 Results | 12 ⎯ Strong revenue momentum with positive jaws effect of +4.1 pts +4.1 pts jaws including +2.8 pts in operating divisions in 3Q26OPERATING EFFICIENCY | +16.6% +3.6% +5.3% +8.3% +9.5%+9.2% +4.0% +2.8% +5.6% +5.3% CIB CPBS IPS +7.4 Operating divisions Change in revenues Change in operating expenses Jaws effect in pts Group -0.3 +2.5 +2.8 +4.1 Jaws: -0.3 pts • CPB Eurozone: +5.8 pts • Europe Mediterranean: +4.7 pts • Personal Finance: +3.5 pts • Arval & Leasing: <0 (+3.8 pts excl. used-car revenues) • PI & NDB: +2.8 pts Jaws: +2.5 pts • Insurance: +3.2 pts • Asset Management: +2.5 pts • Wealth Management & Real Estate: +2.3 pts incl. +3.6 pts for Wealth Management Jaws: +7.4 pts • Global Markets: +8.6 pts • Global Banking: +5.0 pts • Securities Services: +11.5 pts CPBS IPSCIB
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30.09.2026 Results | 13 ⎯ ~€200m of operating efficiency gains in 3Q26 and ~€540m in 9M in line with our ~€700m guidance ~-200 ⎯ A low incremental C/I ratio* for CPBE and PF Maintaining momentum on efficiency gainsOPERATIONAL EFFICIENCY | ⎯ +2.5pts jaws, with AXA IM integration progressing in line with our roadmap 2026e 2027e 2028e 2029e Integration costs (corp. centre) Costs synergies Revenue synergies Integration costs: ~€320m in 9M26, in line with €400m 2026 guidance, out of €690m total (in corp. center) 3Q25 InflationActivity Operating efficiency 3Q26 €m Operating expenses – Group level CPBS IPS ⎯ A continued improvement in our C/I ratio CIB 72% 58% 56% 55% 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 9M25 9M26 Scope & Others 7,610 8,016 ~+285 ~+200 ~+120 Scope ~ €95m FX ~ €30m Development ~€160m Variable costs ~€125m Earnings growth to step up from 2027, with ~60% of synergies coming through 60% 46% 24% 11% CPBE (Eurozone) Personal Finance 3Q26 C/I ratio 3Q26 Incremental C/I ratio *Incremental C/I ratio: YoY change in costs / YoY change in revenues
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30.09.2026 Results | 14 ⎯ Ratio of doubtful loans to gross outstandings is low and has been in steady improvement over a long period 0.0% 0.5% 1.0% 1.5% 2.0% 2.5% 3.0% 3.5% 4.0% 4.5% 5.0% 4Q11 2Q12 4Q12 2Q13 4Q13 2Q14 4Q14 2Q15 4Q15 2Q16 4Q16 2Q17 4Q17 2Q18 4Q18 2Q19 4Q19 2Q20 4Q20 2Q21 4Q21 2Q22 4Q22 2Q23 4Q23 2Q24 4Q24 2Q25 4Q25 2Q26 ⎯ Cost of risk in line with our 2026 guidance <40bps ⎯ Our cost of risk tends to evolve in a low and narrow range across the cycle 0 50 100 150 200 250 300 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Personal Finance Group excl.Personal Finance 946 1028 775 830 1064 869 938 884 937 -217 -150 -9 54 -159 -74 -16 65 27 32 38 33 38 39 34 39 39 39 766 884 St 1 & 2 St 3 729 878 -9 905 795 ASSET QUALITY | Cost of risk contained in a volatile environment CoR / customer loans outstanding in bps Cost of risk / customer loans outstanding 39 bps Stage 31 provisions €13.9bn Doubtful loans / gross outstandings2 1.6% Non-performing loans3 €20.7bn Stock of provisions4 €18.8bn Stage 3 coverage rate 67.3% 1.6% in 3Q26 922 Cost of Risk/Customer loans outstanding (bps) Doubtful loans/gross outstandings (%) 2026e Cost of Risk <40 bps Average 2013-2025: 30 bps 3Q26: 25 bps 949 3Q24 4Q24 2Q251Q25 3Q25 4Q25 1Q26 2Q26 3Q26 964
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30.09.2026 Results | 15 ~20% ~10% 2016 2025 ⎯ Limited French sovereign exposure as of 30.09.26, subject to the same capital discipline as any other asset Amortised Cost ~€16bn FVOCI ~€3bn ⎯ Prudent risk management across the cycle Cost of risk/ GOI (%) and bps of loans ASSET QUALITY | A long-standing track record of strong risk management ⎯ Cost of risk remains well managed, underpinned by the diversification and quality of our credit portfolio 3% 3% 3% 2% 2% 2% 2% 2% 1% 2% Real estate Utilities Non-IT equipment Wholesale Trade Transport & Storage Agro-food Automotive Communications Materials & Ores Information Technologies 10 main corporate loan exposures1 (% of Group’s total exposures) Specific sectors exposure2: Shipping 1.0%; LBO: 0.7%; CRE: 3.2% • Very limited capital impact of the sovereign exposure in the banking book (~€19bn): ~-2 bps CET1 impact from a +50bps widening in OAT/Bund spread • Limited business sensitivity to France: France accounted for less than 10% of BNP Paribas SA’s pre-tax income in 2025 • Strong funding position: the 2026 MLT wholesale funding programme is 126% completed, allowing the Group to pre- fund ~€4bn of its 2027 programme 54 46 66 36 3928% 23% 39% 20% 17% 0% 5% 10% 15% 20% 25% 30% 35% 40% 45% 0 10 20 30 40 50 60 70 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 3Q26 COR Loans (pb) COR/GOI (%) ~€19bn French sovereign exposure as of 30.09.26 % Group pre-tax income in France
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30.09.2026 Results | 16 COST OF RISK | 15 24 24 25 24 3Q25 4Q25 1Q26 2Q26 3Q26 77 60 64 52 88 3Q25 4Q25 1Q26 2Q26 3Q26 143 155 142 143 2022 2023 2024 2025 138 140 150 153 149 3Q25 4Q25 1Q26 2Q26 3Q26 31 29 13 31 27 3Q25 4Q25 1Q26 2Q26 3Q26 • €140m (+€55m vs. 3Q25) • Low cost of risk, in line with guidance • Base effect due to a very low 3Q25 • Stable stage 3 ⎯ CPBF (France) Cost of risk / customer loans outstanding at the beginning of the period (in bps), including 100% of Private Banking within Commercial & Personal Banking ⎯ CPBB (Belgium) • €43m (+€19m vs. 3Q25) • Structurally very low cost of risk, in line with Plan • Lower releases on stage 1&2 (base effect vs. 3Q25) combined with higher Stage 3 • €51m (-€6m vs. 3Q25) • Lower cost of risk • Releases on stage 1&2 partially offset by higher stage 3 ⎯ BNL (Italy) ⎯ Europe-Mediterranean • €91m (+€17m vs. 3Q25) • Higher stage 1&2 in Türkiye on SMEs • Base effect in Poland due to a very low 3Q25 ⎯ CIB – Global Banking ⎯ Personal Finance • €421m (+€47m vs. 3Q25) • Base effect due to a low 3Q25 • Lower stage 1&2 releases • Stable stage 3 • €107m (-€89m vs. 3Q25) • Low cost of risk, sharp reduction in stage 3 due to base effect, higher stage 1&2 Core perimeter for 2024 and 2025 3 6 1 3 2022 2023 2024 2025 6 3 9 3 11 3Q25 4Q25 1Q26 2Q26 3Q26 41 13 46 67 2022 2023 2024 2025 19 -4 -10 22 2022 2023 2024 2025 40 16 22 14 19 3Q25 4Q25 1Q26 2Q26 3Q26 58 53 46 30 2022 2023 2024 2025 11 21 29 20 2022 2023 2024 2025 ASSET QUALITY | Cost of risk remains low across all business lines
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30.09.2026 Results | 17 ⎯ Evolution of the CET1 ratio* between 30.06.2026 and 30.09.2026 CET1 ratio 30.06.26 Organ. cap. gen. (net of RWA) Distribution OCI Proforma Athlon CET1 Ratio 30.09.26 SREP requirement 30.09.26 52.4 60.2 64.8 78.7 93.5 2012 2015 2018 2021 2025 CAPITAL |CET1 ratio at 12.9% as of 30.09.26 expected above 13% by year-end 2026 139%LCR 30.09.26 4.4%Leverage 30.09.26 ⎯ A capital trajectory that combines disciplined growth and shareholder return • Accelerated organic capital generation, thanks to a higher net income and disciplined RWA growth • Consolidation of Athlon with CET1 impact of c.-15bps in 3Q26. Sale of BMCI expected in 4Q26 with impact on CET1 of c.+15bps • Divestment plan to generate +30-50 bps (+13 bps net announced so far) • Launch of a €1.3bn Share buyback programme in Nov.26 anticipating the distribution of 2026 earnings, as authorised by the ECB ⎯ … and steady acceleration in shareholder return ⎯ Our resilient model combines growth in our Net Tangible Book Value per share (TBV) across cycles… in € in € TBV 30.09.26: €97.3 1.50 2.31 3.02 3.67 5.16 2012 2015 2018 2021 2025 13.0% 12.9% 10.45% +40 bps -15bps -25 bps €3.23 interim dividend paid out in cash on 28 Sept. 2026 Cash dividend 13.1% -10 bps Net: +15 bps *In accordance with Regulation (EU) No. 575/2013, Article 26(2) , permission to integrate Q3 results into CET1 subject to authorization by the competent authority
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30.09.2026 Results | 18 Council, Parliament and Commission reached an agreement to revitalise the EU’s securitisation market on 21st October 2026. The relevant legal texts must now be finalised and formally endorsed by both co-legislators — Our diversified model uniquely positions us across both sides of SIU: financing Europe’s investment needs and mobilising its savings SIU | We are well positioned to benefit from finalisation of framework • Our CIB Originate & Distribute model enables us to meet growing financing needs while limiting capital consumption. We hold leading market positions in activities expected to benefit most from SIU, including DCM and securitisation. • SIU should support CPBS through broader SRT adoption and increased financing capacity for the real economy, with c.50% of our current RWA savings through SRTs already originating from CPBS • We are scaling our Asset Gathering platform within IPS across Asset Management, Wealth Management and Insurance to capture a growing share of Europe's long-term savings flows • Potential upside from SIU is not embedded in our >13% ROTE target for 2028 Anticipated SIU impact Revenues RONE Global Banking Global Markets Securities Services + + Commercial & Personal Banking Specialised businesses + Insurance Asset Management Wealth Management & RE + + CPBS IPS CIB ⎯ Significant long-term disintermediation potential Early 2027: expected entry into force of securitisation framework EU today After hypothetical 15-year convergence US today Bond market Loan market EU vs US bond and loan market: illustration
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30.09.2026 Results | 19 AI Capex supercycle Business opportunities Global Banking Global Markets Securities Services + Commercial & Personal Banking Specialised businesses + Insurance Asset Management Wealth Management & RE + ⎯ Capturing new growth opportunities⎯ Driving efficiency ARTIFICIAL INTELLIGENCE | A cornerstone of our 2030 plan ROI – Focus on high-impact use cases and on cost control Shared platforms and reusable capabilities Cyber – Securing AI at scale and strengthening defences Governance – Group AI strategic committees chaired by CEO People: My companion Group AI platform: 100K people onboarded ⎯ AI super-cycle: a multi-year investment opportunity • A potentially unprecedented investment cycle across the broader AI ecosystem • A pool of opportunities across financing, capital markets, advisory and private capital Capturing the AI opportunity with a disciplined and selective approach, SIU providing additional catalyst ⎯ 3Q26 progress on large-scale AI deployment • Model-agnostic strategy designed to preserve flexibility and reduce future costs. • Multi-cloud, multi-model approach enabling secure AI deployment at scale to maximize efficiency gains 5-year Google Cloud partnership to ramp up access to advanced AI capabilities, including Gemini in 3Q26 CPBS IPS CIB
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30.09.2026 Results | 20 ⎯ Driving landmark financing in transition and adaptation across the globe $1.5bn – Republic of Türkiye – Sustainability bond to support mitigation, adaptation and just transition €600m – State of Baden-Württemberg – First European Green Bond (EuGB) to finance climate change adaptation and pollution prevention £525m – Eni & GIP – Debt financing for strategic Carbon Capture & Storage assets supporting the decarbonisation of key industrial clusters in England $1bn – Sabesp – Dual-currency IFC sustainability-linked and blue A/B loan to support sustainable water infrastructure in Brazil $31m – Rize – BNP Paribas AM leading and investing in Series B funding for the agri-tech startup specialised in rice farming decarbonisation in Southeast Asia SUSTAINABILITY | Leveraging our global leadership to accompany clients on their sustainability path 3.18 2.89 2.06 1.34 1.31 BNP Paribas Peer 1 Peer 2 Peer 3 Peer 4 $3.18 of low-carbon energy per $1 of fossil fuel energy financing by BNP Paribas in 2025 (+56% YoY) Source : 2026 BloombergNEF Energy supply banking ratio #1 EU bank for low-carbon energy supply in total financing volumes1 #1 EU bank for low-carbon vs fossil fuel financing ratio1 $
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30.09.2026 Results | 21 ⎯ Restatements related to insurance activities (IFRS 17) CORPORATE CENTRE | ⎯ Corporate Centre (excl. IFRS 17) Ahead of our trajectory €m 3Q26 9M26 3Q25 2026e Revenues -311 -940 -274 Of which volatility -15 -12 +14 Of which attributable costs -296 -928 -288 Operating expenses 296 928 288 GOI -15 -12 +14 -70 / +70 €m 3Q26 9M26 3Q25 2026e Revenues 11 543 -132 Operating expenses -283 -1,015 -292 Of which restructuring, IT reinforcement and adaptations costs -114 -506 -154 ~-800 Of which other costs -168 -509 -139 GOI -272 -471 -425 ~-1,000 (vs. -1,200)
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30.09.2026 Results | 22 A REINFORCED INTERNAL CONTROL SET-UP An even more solid compliance, conduct and control set-up and ongoing insertion of reinforced conduct culture into daily operations • Ongoing improvement of the operating model for combating money laundering and terrorism financing • A standards-based, risk-adjusted approach, with a risk management set-up shared between business lines and Compliance officers (know-your- client, reviewing unusual transactions, etc.) • Group-level steering with regular reporting to supervisory bodies • Ongoing reinforcement of set-up for complying with international financial sanctions • Thorough and diligent implementation of measures necessary for enforcing international sanctions as soon as they have been published • Broad dissemination of the procedures and intense centralisation, guaranteeing effective and consistent coverage of the surveillance perimeter • Continuous optimisation of cross-border transaction filtering and relationship databases screening tools • Ongoing improvement of the anti-corruption framework with integration into the Group’s operational processes • Strengthening of the conduct and market transactions supervision framework • Intensified on-line training programme: compulsory programmes for all employees on financial security (Sanctions & Embargos, Combating Money Laundering & Terrorism Financing and on Combating Corruption), protecting clients’ interests, market integrity, and all topics dealt in the Group’s Code of Conduct • Ongoing regular missions of the General Inspection dedicated to auditing financial security within entities generating USD flows. These successive missions have been conducted since the start of 2015 in the form of 18-month cycles. At the end of the 7th cycle, the processing and control mechanisms of these entities are considered mature. The 8th cycle, which began in September 2025 and will be completed at the end of 2026, will ensure their long-term sustainability
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30.09.2026 Results | 23 3Q26 results Operating divisions S E C T I O N 3
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30.09.2026 Results | 24 Corporate clients 53% Financial institutions 16% Private & Retail banking 33% 9M26 % Group revenues % Group RWA C/I RoNE (pretax, %) Global Banking Global Markets Securities Services 54.5% 26.2% Commercial & Personal Banking Specialised businesses 60.3% 14.1% Insurance Asset Management Wealth Management & RE 60.2% 24.4% 38% 50% 34% 56% 14% 8% CPBS IPS CIB ⎯ CIB • Building a leading global client franchise on our unique CIB platform given significant barriers to entry • We have a #1 position in EMEA amongst European banks, with 4.9%1 market share • Leveraging our Originate & Distribute model to drive growth from SIU opportunities from 2027 ⎯ CPBS • Building a solid client franchise based on trust and long-term relationships • Capturing the benefits of a long-term NII tailwind across the Euro zone while continuing to grow fee income • Improving profitability through dedicated strategic plans ⎯ IPS • Building a leading global client franchise on our Asset Gathering platform with significant barriers to entry • We have gained scale through AXA IM and expect ~60% of the synergies in 2027 • Accelerating the development of our Wealth Management and Insurance franchises EQUITY STORY | Unlocking the full potential of our leading client franchises to accelerate profitable growth Cross-selling at the heart of our business model 32%* *% 2025 revenues2 CPBS products 41% CIB products 23% IPS products 36% 32%*
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30.09.2026 Results | 25 CIB | Another very strong quarter confirming our leading global client franchise — Global Banking • Pipeline coming through as anticipated • Reinforcing #1 position in EMEA1 Investment Banking among European banks, with 4.9% market share (>+60 bps) • Capital Markets: strong performance in APAC and AMER, notably in DCM, acquisition finance, securitisation and infrastructure finance. Transaction banking accelerating thanks to robust commercial activity and tailwind from higher rates — Global Markets • FICC: revenues stable. Performance driven by strong FX Local Markets offsetting weaker DM rates and credit revenues • Equity & Prime Services: very strong performance driven by dynamic client activity. Excellent performance across all business lines, particularly Prime Services. AMER and APAC outperforming an already strong EMEA ⎯ Securities Services • Strong momentum continued, benefiting from market levels and volatility, higher levels of deposits and improved margins. All revenue components strongly increased (core fees, NII, hedging, FX) • Performance benefited from the continued ramp-up of 2025 and 2026 clients onboarding • Global Banking – NBI: €1,615m (+8.4%) • Global Markets – NBI: €2,674m (+21.9%) FICC: €1,215m (-0.5%) Equity & Prime Services: €1,459m (+50.0%) • Securities Services – NBI: €912m (+17.6%) Var. vs. 3Q25 ⎯ Our CIB division combines growth and cycle-proof resilience with its unique franchise (revenues in €m) 0 1,000 2,000 3,000 4,000 5,000 6,000 3Q16 3Q17 3Q18 3Q19 3Q20 3Q21 3Q22 3Q23 3Q24 3Q25 3Q26 Equities & Prime Services FICC Global Banking Securities Services +8.8% CAGR 3Q19-3Q26 €m 3Q26 3Q25 Var Revenues (NBI) 5,201 4,460 +16.6% Operating expenses -2,841 -2,603 +9.2% Gross Operating Income 2,360 1,857 +27.1% Cost of Risk -111 -195 -43.0% Other Results 2 2 -25.4% Pre-tax income 2,250 1,665 +35.2% Cost/Income ratio 54.6% 58.4% -3.7 pt RWA, end of period (€bn) 271.8 256.7 +5.9% RONE (annualised basis) 25.3% 18.5% +6.8 pt
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30.09.2026 Results | 26 ⎯ We have built a scaled and diversified CIB business Corporates 43% Institutionals 57% ⎯ Uniquely positioned in a market with high barriers to entry and a clear roadmap ahead ⎯ A bridge between corporate and institutional clients across regions, at the heart of our Originate & Distribute model Save-The-Date – CIB Deep Dive – 25 February 2027 – LondonCIB | By product* By geography*By client* Global Corporate Franchise Global Institutional Franchise AMER Become the Premier European CIB in the Americas for BNP Paribas clients APAC Investing to capture regional growth and be Top 5 international CIB to accompany our clients in APAC EMEA Reinforcing our #1 European CIB leadership with all clients, leveraging focused country plans *9M26 data except 8M26 for client breakdown A virtuous cycle of continuously serving and deepening client relationships, balancing growth opportunities with risk discipline EMEA 52% AMER 28% APAC 20% FICC 27% Equity & Prime Services 26% Global Capital Markets 17% Transaction Banking & other 13% Securities Services 17% Revenue breakdown
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30.09.2026 Results | 27 ⎯ Double-Digit Pre-tax Income growth at CPBE* 628 1,066 1,175 1,058 749 1,306 1,247 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 3Q26 Strong increase in commercial banks pre-tax income* underpinned by sustained revenue growthCPBS | • Commercial & Personal Banking – NBI: €4,695m (+9.2%) • CPBE (Eurozone) – NBI: €3,688m (+9.5%) • Specialised Businesses – NBI: €2,168m (-6.7%) Including 2/3 of Private Banking for the profit & loss statement and 100% of Private Banking for loans and deposits €m ⎯ Commercial & Personal Banking (CPB): strong increase • CPBE (Eurozone): double-digit pre-tax income growth*, driven by strong business momentum. Continued net interest revenue expansion (+13.6%) and robust growth in financial fees in all networks (+6.3% YoY) on solid asset gathering momentum • Europe-Mediterranean: positive business momentum and increased margins both in Poland and in Türkiye ⎯ Specialised Businesses negatively impacted by used car results • Personal Finance: Sustained revenue growth underpinned by strong business activity coupled with production margin management, successful partnerships driving mobility and retail production, and strict cost discipline • Arval & Leasing Solutions: Arval completed the Athlon acquisition and delivered strong organic growth (+12% YoY at csr), driven by fleet and margin expansion, while used car results continued to be impacted by adverse market conditions. Leasing Solutions displayed resilience amid a challenging investment environment • PI & NDB: PI maintained strong transaction momentum and Nickel expanded its offering with the launch of Compte Pro for entrepreneurs Hello bank! client base: 4m (+4.2% YoY); Client acquisition: +16% YoY Digital usage: continued growth1 Av. monthly connexions to mobile apps: 405m in 3Q26 (+4.3% YoY) WERO Accelerated roll-out across Europe - Launch in Luxembourg and deployment of e-commerce in France Var. vs. 3Q25 (*) excluding €100M – revaluation of equity investments in 3Q25 100 +15.9%* 3Q25-3Q26 €m 3Q26 3Q25 Var Revenues 6,863 6,622 +3.6% Operating Expenses and Dep. -4,005 -3,853 +4.0% Gross operating profit 2,857 2,769 +3.2% Cost of Risk -836 -703 +18.9% Cost of legal risk on financial instruments -20 -15 +38.8% Other Results 41 133 n.s Pre-Tax Income 2,041 2,184 -6.5% Cost/Income ratio 58.4% 58.2% +0.2 pt Loans (€bn) 669.9 650.0 +3.1% Deposits (€bn) 575.8 565.2 +1.9% RWA, end of period (€bn) 446.2 434.3 +2.7% RONE (annualised basis) 13.3% 14.6% -1.3 pt
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30.09.2026 Results | 28 ⎯ Strong growth 6.4% -2.2% 5.7% 7.3% 8.2% 7.6% 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 3Q26 ⎯ Interest-rate sensitivity • CPBE: with ECB rates assumed to remain around ~2-3% range, NII mainly driven by the gradual reinvestment of non-remunerated sight deposits. Higher long-term rates marginally positive, assuming a stable deposit mix • Personal Finance: Limited negative sensitivity to higher rates: +10bps shift in mid-term yields (2 year) in the Eurozone would have a limited ~-€25m lifetime impact on margins, all else being equal CPBS | The current rate environment continues to support our revenue trajectory Inflation / Interest rate shock ….. 2028 CPBS perimeter sensitive to euro zone rate assumption ~70% of CPBS RWA ; ~40% of Group RWA >5% 3Q26/3Q25: +7.6% Change in revenues (Q/Q-4 in %) at Commercial & Personal Banking1 in the Eurozone (CPBE) and Personal Finance Significant yield curve inversion 0% Positive steepening of the yield curve ⎯ Stable deposit mix for CPBE (Eurozone) 49% 50% 50% 50% 52% 50% 49% 33% 33% 34% 34% 31% 34% 33% 19% 17% 16% 16% 17% 16% 17% 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 3Q26 Current accounts Savings accounts Term deposits Tailwind well into the next strategic plan providing strong visibility
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30.09.2026 Results | 29 Strong growth in assets under management fueling revenue and profitability in 3Q26IPS | ⎯ Strong growth in assets under management, leveraging the integration of AXA IM ⎯ Insurance • Steady organic growth, driven by solid Savings inflows, with a higher share of unit-linked contracts and strong Protection momentum notably through international strategic partnerships • Strong pre-tax income growth, supported by the Ageas contribution, including the impact of a stake disposal (€81m) in a partnership ⎯ Asset Management • Robust commercial momentum with €31.0bn of net inflows in 9M26, in line with the Deep Dive trajectory, supported by strong distribution through internal partners and mandate wins • AuM up +€65.8bn ( +4.1% vs. FY25), driven by market performance and net inflows (impact from the disposal of a stake in South Korea ~-€40bn) • Strong pre-tax income growth, supported by cost synergies and proceeds from the stake disposal (~€38m) ⎯ Wealth Management & Real Estate • Wealth Management: solid net inflows, driven by Commercial & Personal Banking in Europe and APAC • Solid pre-tax income growth, supported by a high level of transactional activity, strong recurring fees and solid deposit revenues • Real Estate: business activity remained subdued amid a lacklustre market • Insurance – NBI: €646m (+5.0%) • Asset Management – NBI: €704m (+4.1%) • Wealth Management & Real Estate – NBI: €643m (+6.8%) Var. vs. 3Q25 AuM 31.12.25 Insurance Wealth Management Asset Management AuM 30.09.26 31.12.25 30.09.26Insurance Wealth Management Asset Management €bn +22 +18 +66 2,443 2,549 €m 3Q26 3Q25 Var Revenues 1,993 1,894 +5.3% Operating Expenses and Dep. -1,183 -1,151 +2.8% Gross operating profit 811 743 +9.1% Cost of Risk -10 2 n.s Cost of legal risk on financial instruments 0 0 n.s Other Results 208 53 n.s Pre-Tax Income 1,009 798 +26.4% Cost/Income ratio 59.3% 60.8% -1.4 pt AuM (€bn) 2,549 2,392 +6.6% RWA, end of period (€bn) 65.1 59.5 +9.4% RONE (annualised basis) 26.7% 22.3% +4.5 pt
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30.09.2026 Results | 30 IPS | Scaling up global AuM to €2,549bn as of 30.09.2026 ⎯ AuM by business line ⎯ AuM by distribution (30.09.2026) ⎯ AuM: €2,549bn as of 30.09.26 (+4.3% vs. 31.12.25; +6.6% vs. 30.09.25, including the -€39bn impact of the sale of a South Korean participation), net inflows in line with the Deep Dive trajectory AuM 31.12.25 Collecte effet marché Change Autre AuM 30.09.26 +€106.2bn Market effect FX effect 30.09.2631.12.25 €bn Others1 2,443 2,549 +49.4 +28.0 -9.1+37.9 Inflows Asset Management Wealth Management 2,443 Insurance 2,549 66% 21% 13% 66% 21% 13% +4.3% €bn 31.12.2025 30.09.2026 52% 34% 15% Corporates & Institutionals External distribution Retail & Wealth €2,549bn
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30.09.2026 Results | 31 ⎯ CPBB (Belgium)** – 1 June 2026⎯ CPBF (France)* – 26 June 2025 Delivering on our commitmentsDEEP DIVES | ⎯ Personal Finance – 10 June 2025 ⎯ Asset Management – 17 March 2026 2028 objectives 9M26 / 9M25 Revenues >+5% 24-28 CAGR +8.8% Jaws effect +3-4 pts on average per year +5.3 pts 2028 objectives 9M26 / 9M25 Revenues >+9% 25-28 CAGR +14.7% Jaws effect +5 pts on average per year +10.9 pts 2028 objectives 9M26 / 9M25 Revenues ~+5.5% 24-28 CAGR +5.1% Jaws effect ~+4 pts on average per year +4 pts 2030 objectives 9M26 / 9M25 Revenues >+4% 25-30 CAGR +3.8% Jaws effect ~+4 pts on average per year +2.8 pts *100% PB excluding PEL / CEL **100% PB ~60% synergies expected in 2027
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30.09.2026 Results | 32 ⎯ 12m-rolling revenues ⎯ 12m-rolling operating income ⎯ 12m rolling net Income attributable to Equity Holders 9,109 10,435 11,575 13,990 12,601 13,607 15,655 17,961 ⎯ 12m-rolling GOI 47,085 47,592 50,247 55,017 CONCLUSION | Continued improvement in profitability €m €m €m €m CAGR 23-26: +5.3% CAGR 23-26: +12.6% CAGR 23-26: +12.5% CAGR 23-26: +15.4% 15,439 17,483 19,281 22,030
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30.09.2026 Results | 33 CONCLUSION We continued to deliver strong results in 3Q26 We confirm our 2026 & 2028 targets and raise our 2026 CET1 ratio target to >13% Our 2028 ROTE target of >13% is underpinned by previously announced strategic plans Our earnings growth is stepping up to >+10% CAGR over 2025-2028 We are well advanced in preparing our 2030 plan, which will be presented in February 2027 We thank all our employees for their commitment and continued dedication in serving our clients
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30.09.2026 Results | 34 GLOSSARY AuM Assets under Management AuC Assets under Custody AIM Alternative Investment Managers AWM Asset & Wealth Managers CAGR (%) Compound Average Growth Rate CET1 ratio (%) Transition to phased-in ratios and RWA starting from 2Q25, in order to align with the calculation of the regulatory requirement (MDA calculation), to reflect the Group’s 2030 horizon, and to reflect the standards used by the market. Phased-in CET1 calculated on the basis of the quarter’s risk-weighted assets; including transitional arrangements as defined in Art.465, 495 and 500 of CRR Cost/income ratio (%)* Ratio between operating expenses and revenues Cost of risk / customer loans outstanding (bps)* Ratio between the cost of risk (€m) and customer loans outstanding at the start of the period Cost of risk does not include “Cost of legal risk on financial instruments” EPS (€) Earnings per share in €, calculated on the basis of net income, Group share adjusted for the remuneration of undated super-subordinated notes (TSSDI) and the average number of shares outstanding FICC Fixed Income, Currencies and Commodities FRTB Fundamental Review of the Trading Book HSR Change at historical scope and exchange rate CSR Change at constant scope and exchange rate Jaws effect (pts) Increase in revenues minus the increase in operating expenses over the same period LCR End-of-period Liquidity Coverage Ratio calculated in accordance with Regulation (CRR) 575/2013, art. 451b Leverage Leverage calculated in accordance with Regulation (EU) 575/2013 - Art. 429 MREL Minimum Requirement for own funds and Eligible Liabilities Net income (€m) Net income, Group share NBV (€) Tangible net book value per share, revalued at the end of the period, in € NCS Net Cost Saving NDB New Digital Businesses PF Personal Finance RoE* Return on Equity RoIC (%) Return on Invested Capital; projection of net income generated by redeployed capital divided by the corresponding CET1 capital allocation RoNE (%)* Return on Notional Equity; ratio between annualised pre- tax net income and average allocated equity during the same period RoTE (%)* Return on Tangible Equity RWA (€m) Risk-Weighted-Assets SIU Savings & Investment Union SREP Supervisory Review and Evaluation Process SRT Significant Risk Transfer operations TLAC Total Loss Absorbing Capacity USSN / TSSDI Undated super-subordinated notes VaR Value-at-risk Acronyms marked by an asterisk (*) are defined in the public press release simultaneously with this presentation under section “Alternative performance indicators”.
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30.09.2026 Results | 35 NOTES • Slide 4 1. On 16th March 2026, we published on our website a restatement of the 2025 quarterly series under the 2026 reporting format. 2. In accordance with regulation (EU) No. 575/2013, Article 26(2), permission to integrate 3Q26 results into CET1 subject to authorisation by the competent authorities • Slide 10 1. Impact from the application of IAS 29 and recognition of the performance of inflation-linked hedging instruments in Türkiye (CPI Linkers) • Slide 14 1. Stage 3 provisions, calculated on balance sheet and off-balance sheet credit exposures, for customers and credit institutions, including debt securities at amortised cost or at fair value through equity (excluding insurance and including the effects of IFRS 5). 2. Impaired loans, not netted of guarantees, including on and off-balance sheet and debt securities over gross loans outstanding (excluding insurance and including the effects of IFRS 5) 3. Stage 3 loans to customers and credit institutions, on and off-balance sheet, netted of guarantees received, including debt securities measured at amortised cost or at fair value through shareholders’ equity (excluding insurance and including the effects of IFRS 5 standard application in relation to non-current assets held for sale) 4. Stock of provisions excluding the effects of IFRS 5 • Slide 15 1. Internal classification of corporate sectors (excluding finance, business services, personal sector, sovereign & public administrations), credit and counterparty risk exposure, on- and off-balance sheet, total Group exposures including sovereign exposures, financial and non-financial institutions and households (€2,389bn as of 30.06.2026) 2. Gross on- and off-balance sheet, non-risk-weighted credit exposure, as of end- September 2026 (Group total: €2,032bn) • Slide 20 1. Financing granted toward low-carbon energy supply relative to fossil fuels. Bloomberg NEF methodology builds on bank transactions for the energy sector, namely equity activities, general corporate purpose bonds and loans, activities-based sustainable debt for ~93,400 companies and project debt and tax equity and tax credit transfer. Among the world 50 largest energy-supply financing banks. • Slide 24 1. Official Dealogic Reports, 9M26, Global Capital Markets, Global ECM, Global Loans, EMEA ECM, EMEA IB, EMEA DCM, EMEA Loans rankings and market shares based on fees. All other rankings and market shares are based on volume (EURO Denominated DCM, European Corporate IG Bonds, European HY DCM rankings excluding banks and domestics, European Securitisation) 2. Excl. AXA IM Contribution based on 1H25 AXA IM revenues • Slide 25 1. Official Dealogic Reports, 9M26: scope hereabove • Slide 27 1. Scope: Commercial & Personal Banking, PI, Personal Finance, Nickel • Slide 28 1. Including 100% of Private Banking revenues and excluding PEL CEL effects • Slide 30 1. Including the transfer of management of a portion of BNP Paribas Cardif’s General Funds to BNP Paribas Asset Management and the sale of a stake by BNP Paribas Asset Management (€-39bn)
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30.09.2026 Results | 36 ⎯ Details by division (3Q26) ⎯ Other items Details by division and Other itemsAPPENDICES | ⎯ CIB • Global Banking • Global Markets • Securities Services ⎯ CPBS • Commercial & Personal Banking • Specialised Businesses ⎯ IPS • Insurance • Asset Management • Wealth Management and Real Estate • Corporate Centre • Number of shares and Earnings Per Share • Book value per share • Return on equity and permanent shareholders’ equity • Common Equity Tier 1 ratio • Medium-/long-term regulatory funding • TLAC/MREL ratio • Distance to MDA • Risk-weighted assets • Liquidity • Long-term debt ratings
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30.09.2026 Results | 37 Quarterly results 4Q26 earnings & 2030 plan: 2 February 2027 1Q27: 29 April 2027 2Q27: 23 July 2027 3Q27: 27 October 2027 Deep Dives BNL: 18 November 2026 CIB: 25 February 2027 IPS: 2027 CPBS: 2027 Bénédicte Thibord, Head of Investor Relations and Financial Information Equity Meriem Afilal-Costard Raphaëlle Bouvier-Flory Lisa Bugat Tania Mansour Olivier Parenty Guillaume Tiberghien Debt & ratings agencies Tania Mansour Olivier Parenty Individual shareholders & ESG Lisa Bugat Antoine Labarsouque investor.relations@bnpparibas.com ⎯ Investor Relations ⎯ Upcoming events CONTACTS AND UPCOMING EVENTS The consensus, compiled and aggregated by the Investor Relations team, is available at: Equity BNP Paribas | Investors & Shareholders | BNP Paribas Group It reflects the arithmetic average forecasts for various Group P&L headings, sent by analysts invited by BNP Paribas to contribute to the consensus.