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Societe Generale Group Results Third quarter and nine-month 2026 results
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2Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 Disclaimer The financial information on Societe Generale for its third quarter and nine-months 2026 financial results comprises this presentation and a dedicated press release which are available on the website (https://investors.societegenerale.com/en). The financial information presented for the quarter ending 30 September 2026 has been prepared in accordance with IFRS (International Financial Reporting Standards) as adopted in the European Union (the “IFRS”) and applicable at this date. It was approved by the Board of Directors on 28 October 2026. This information has not been audited. This document (this "Presentation") contains forward-looking information and statements that reflect assessments and projections relating to Societe Generale's business activities, objectives and strategy (the "Information"). This Information is based on assumptions, in particular regulatory ones, both general and specific, including the application of accounting principles and methods compliant with IFRS as well as the application of prudential regulations in force to date. This Information reflects various assumptions involving significant elements of subjective judgment and analysis, which may prove to be incorrect and are derived from scenarios based on a number of economic assumptions within a given competitive, regulatory and geopolitical context. Societe Generale may not be able to: - anticipate all risks, uncertainties, contingencies or other factors that may affect its business and to assess their potential consequences; - accurately assess the extent to which the occurrence of a risk or a combination of risks could result in outcomes that differ materially from those projected in this Presentation. Therefore, although Societe Generale believes that these statements are based on reasonable assumptions, this Information is subject to numerous risks, uncertainties and contingencies, including matters of which Societe Generale or its management are not yet aware or currently deem immaterial, and there is no guarantee that the anticipated events will occur or that the objectives set out will actually be achieved. Important factors that could cause a material difference between actual results and the results anticipated in the Information include, among others, overall trends in general economic activity and in Societe Generale’s markets in particular, regulatory, prudential and geopolitical changes, and the success of Societe Generale’s business, strategic, operating and financial initiatives. More detailed information on the potential risks factors that could affect Societe Generale’s financial results can be found in the section “Risk Factors” in our Universal Registration Document filed with the French Autorité des Marchés Financiers (which is available on https://investors.societegenerale.com/en). It is therefore recommended to take into account factors of uncertainty and risk likely to impact the operations of Societe Generale when considering the Information contained in such Presentation. Other than as required by applicable law, Societe Generale makes no commitment to update or revise this Information. Unless otherwise specified, the sources for the business rankings and market positions are internal. This Presentation may include information pertaining to our markets and our competitive positions therein. Such information is based on market data and our actual revenues in those markets for the relevant periods. We obtained this market information from various third-party sources (publications and surveys) and our own internal estimates. We have not independently verified these third-party sources and cannot guarantee their accuracy, truthfulness, precision and completeness. In addition, our internal surveys and estimates have not been verified by independent experts or other independent sources. No reliance should therefore be placed on this Information. The Alternative Performance Measures, notably the notions of net banking income for the pillars, operating expenses, cost of risk in basis points, ROE, ROTE, RONE, net assets and tangible net assets as well as the principles for the presentation of prudential ratios are defined in our Universal Registration Document and, where applicable, in the methodological notes at the end of this document as well as in the press release published jointly with this Presentation. The sum of values contained in the tables and analyses may differ slightly from the total reported due to rounding rules. No representation, warranty or undertaking, whether express or implied is made as to the adequacy, accuracy, completeness or reasonableness of the Information. Societe Generale or its representatives cannot be held liable for any error, omission or inaccuracy or for any consequences arising from reliance placed on, or use of, the Information contained in the Presentation, anything relating thereto or any document or information to which it may refer. This Presentation does not constitute an invitation to buy or sell Societe Generale shares or any other financial instruments or financial contracts issued by or related to Societe Generale.
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3Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 (1) Share buy-back, (2) Based on an ordinary distribution pay-out ratio of 50% of the 9M 26 Group net income restated for non-cash items and after deduction of interest on deeply subordinated notes and undated subordinated notes, pro forma including Q3 26 results, (3) NBI growth of +6.3% vs. 9M 25 at constant perimeter and exchange rates, (4) Costs down -1.5% vs. 9M 25 at constant perimeter and exchange rates Strong 9M 26 results driven by high positive jaws 9M 26 RESULTS: ON TRACK TO EXCEED 2026 TARGETS INCOME STATEMENT BALANCE SHEET AND CAPITAL ▪ Revenues EUR 21.4bn in 9M 26 ▪ Cost / income ratio 58.8% in 9M 26 ▪ Cost of risk 27bps in 9M 26 ▪ Group net income EUR 5.4bn in 9M 26 9M 26 ROTE 12.3% vs. 10.5% in 9M 25 ▪ Extraordinary SBB EUR 1.5bn completed on 30 Sept. 2026 ▪ Total distribution accrual EUR 3.42 per share at end-9M 26 ▪ CET1 ratio 13.4% at end-9M 26 ▪ Liquidity Coverage Ratio 145% at end-9M 26 (1) (2) (2) NBI growth +4.1% vs. 9M 25 2026 Target >+2% Cost reduction -3.2% vs. 9M 25 2026 Target ~-4% C/I ratio 58.8% 2026 Target <60% Cost of risk 27bps 2026 Target 25-30bps ROTE 12.3% 2026 Target ~11% CET1 ratio 13.4% 2026 Target >13% (3) (4) (2)
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4Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 01 Group performance
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5Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 Record Group net income in Q3 26 KEY HIGHLIGHTSINCOME STATEMENT IN Q3 26 ▪ Strong revenue growth of +7.8% vs. Q3 25, +8.4% at constant perimeter and exchange rates ▪ Strong positive jaws with a slight cost increase, up +0.8% vs. Q3 25, +1.1% at constant perimeter and exchange rates ▪ Improved operating leverage with a C/I ratio of 57.1% in Q3 26 vs. 61.0% in Q3 25 ▪ Cost of risk at 28bps in Q3 26, within 2026 guidance ▪ Increased profitability with a ROTE of 13.0% in Q3 26 vs. 10.7% in Q3 25 EUR 7.2bn +7.8% vs. Q3 25 57.1% vs. 61.0% in Q3 25 Revenues C/I ratio 28bps vs. 26bps in Q3 25 Cost of risk EUR 4.1bn +0.8% vs. Q3 25 Costs EUR 1.9bn +24.1% vs. Q3 25 Group net income 13.0% vs. 10.7% in Q3 25 ROTE
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6Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 (1) French Retail, Private Banking and Insurance, (2) Global Banking and Investor Solutions, (3) Mobility, International Retail Banking and Financial Services Q3 26 revenue growth drivers Q3 26 REVENUES (EURm) GBIS(2)RPBI(1) +250 Corporate Centre MIBS(3)Disposals -48 +7.8% 6,655 Q3 25 Q3 26 +308 -86 +94 7,173 ▪ Group revenues +7.8% vs. Q3 25 and +8.4% at constant perimeter and exchange rates ▪ French Retail, Private Banking and Insurance +10.9% vs. Q3 25, mainly driven by NII (+12.7%) ▪ Global Banking and Investor Solutions +12.5% vs. Q3 25 and +11.8% at constant perimeter and exchange rates ▪ Mobility, International Retail Banking and Financial Services -6.7% vs. Q3 25 and -4.3% at constant perimeter and exchange rates ▪ Corporate Centre revenues of EUR 10m in Q3 26 vs. EUR -83m in Q3 25
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7Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026(1) Cost to achieve (transformation charges) Continued improvement in operating leverage Q3 26 OPERATING EXPENSES (EURm) Q3 26 C/I RATIO BY BUSINESS (%) -20 +0.8% -39 +123 Disposals CTA(1) Other -314,060 Q3 25 Q3 26 4,093 Q3 25 Q3 26 ▪ Costs up +0.8% vs. Q3 25, driven by increased variable compensation ▪ Costs down -1.7% excluding disposals and cost increase related to GBIS ▪ All pillars within their end-of-year targets ▪ On track to achieve the 2026 C/I ratio target <60% GBIS <60% 65.7% 60.0% 50.8% 61.0% RPBI GBIS MIBS Group 2026 Target 9M 26 56.1% 57.4% 51.8% 57.1% 58.8%
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8Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 (1) Based on gross loans outstanding at the beginning of period (annualised), (2) On and off-balance sheet provision outstandings. Quarterly variation of provisions for S1/S2 different from P&L impact, mainly due to IFRS 5 application and FX impact, (3) Ratio calculated only on on-balance sheet outstanding, (4) Ratio calculated according to EBA methodology published on 16 July 2019, and excluding loans outstanding of companies currently being disposed of in compliance with IFRS 5, (5) Ratio of the sum of S3 provisions, guarantees and collaterals over gross outstanding non-performing loans Q3 26 cost of risk within 2026 guidance COST OF RISK(1) TOTAL S1/S2 PROVISIONS(2) (in EURm) NON-PERFORMING LOAN RATIO(4) In bps Q3 25 Q4 25 Q1 26 Q2 26 Q3 26 9M 25 9M 26 Group 26 29 25 27 28 25 27 French Retail, Private Banking and Insurance 33 34 28 38 33 29 33 Global Banking & Investor Solutions 13 28 12 3 11 15 8 Mobility, International Retail Banking and Financial Services 37 30 40 43 47 34 43 Stage 1 / Stage 2 Stage 3 Stage 1 Stage 2 S2 coverage ratio (%)(3)X.X% In EURm Q3 26 408 (28bps) 488 -80 Q2 26 390 (27bps) 405 -15 Q3 25 369 (26bps) 437 -68 Q3 25 Q3 26Q2 26 3.4% 3.4% 1,886 2,856 970 1,955 2,933 978 4.0% 1,935 2,946 1,011 Net coverage ratio(5): ~81% at end-Q3 26 (vs. ~83% at end of Q2 26) Q3 25 2.77% Q3 26 2.70% Q2 26 2.75% vs. Q2 26 : Loan book +0.6% NPL +2.5%
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9Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 (1) Including Basel IV phasing, (2) Based on an ordinary distribution payout ratio of 50% of the Q3 26 Group net income, restated for non-cash items and after deduction of interest on deeply subordinated notes and undated subordinated notes, pro forma including Q3 26 results, (3) Group Employee Share Ownership Programme, (4) The European Central Bank notified Societe Generale group of the level of its regulatory requirements which will apply from 1 January 2027. Following this notification, Societe Generale group benefits from a comfortable pro forma buffer of approximately 300 basis points Solid capital position CHANGE IN CET1 RATIO(1) (in bps) +21bps Earnings net of distribution(2) Q3 26 13.4% Other -3bps Q2 26 13.2% +46bps earnings -25bps distribution ~320bps(4) over MDA at end-Q3 26 RISK-WEIGHTED ASSETS (in EURbn) MAIN REGULATORY RATIOS Requirements Ratios(1) CET1 10.26% 13.4% Leverage ratio 3.60% 4.5% TLAC 22.38% 30.1% MREL 27.46% 32.6% Q3 25 Q2 26 Q3 26 406 405388 +9bps GESOP(3)
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10Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 (1) Items restated in application of IFRS 5 regarding the ongoing disposals have been netted in “Other assets”, (2) Economic view, see Supplement (methodology), (3) Market value, (4) Including ~EUR 14bn HQLA securities encumbered to cover local stress tests, (5) Customer loans include unencumbered assets eligible to ECB refinancing policy Liquidity profile and deposit base ROBUST BALANCE SHEET(1) DIVERSIFIED DEPOSIT BASE ▪ Liquidity reserves at EUR 358bn. LCR at 145% end of period, in line with steering targets ▪ Excess of long-term resources, NSFR at 118% end of period ▪ 2026 long-term funding programme completed Funded balance sheet(2) in EURbn at end-Q3 26 At end-Q3 26 ASSETS LIABILITIES ▪ Highly diversified and granular deposit base, largely composed of retail and commercial deposits ▪ Strong client deposit base ▪ Loan / Deposit ratio at 74% at end-Q3 26 72 72 476 481 70 55 47 47 182 189 122 138 3 0 . 0 6 . 2 6 3 0 . 0 9 . 2 6 Net deposits in central banks HQLA⁽³⁾ Interbank loans Other⁽⁴⁾ Customer loans⁽⁵⁾ Long term assets 970 982 265 257 626 647 79 78 3 0 . 0 6 . 2 6 3 0 . 0 9 . 2 6 Short term wholesale funding Client deposits Long term debt & equity 970 982 42% 3 % 15% 10% 3% 7% 10% 7%5% French Retail Banking Private Banking Mobility, International Retail Banking & Financial Services Global Transaction & Payments Services Securities Services Wholesale Corporate deposits Central Banks, Supranational & Finance Ministries Fiduciary deposits EUR 647bn
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11Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026* At constant perimeter and exchange rates Group results In EURm Q3 26 Q3 25 Change 9M 26 9M 25 Change Net banking income 7,173 6,655 +7.8% +8.4%* 21,375 20,529 +4.1% +6.3%* Operating expenses (4,093) (4,060) +0.8% +1.1%* (12,577) (12,994) -3.2% -1.5%* Gross operating income 3,081 2,595 +18.7% +19.8%* 8,798 7,535 +16.8% +19.9%* Net cost of risk (408) (369) +10.7% +12.2%* (1,153) (1,068) +8.0% +9.7%* Operating income 2,673 2,226 +20.1% +21.1%* 7,644 6,467 +18.2% +21.6%* Net profits or losses from other assets (1) 61 n/s n/s* 74 338 -78.1% -78.0%* Net income from companies accounted for by the equity method 6 8 -19.8% -19.8%* 18 15 +19.4% +19.4%* Income tax (553) (483) +14.5% +15.7%* (1,619) (1,450) +11.7% +15.5%* Net income 2,125 1,812 +17.2% +18.1%* 6,117 5,369 +13.9% +16.8%* o/w non-controlling interests 237 291 -18.6% -17.2%* 743 787 -5.6% -4.7%* Group net income 1,888 1,521 +24.1% +24.8%* 5,374 4,582 +17.3% +20.6%* ROE 11.5% 9.4% 10.9% 9.2% ROTE 13.0% 10.7% 12.3% 10.5% Cost to income 57.1% 61.0% 58.8% 63.3%
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12Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 02 Business performance
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13Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026(1) IncludesFrench and internationalactivities SG network, Private Banking and Insurance Loans / deposits outstanding (in EURbn) -2% / -1% vs. Q3 25 Other deposits Individuals Q3 25 Q2 26 Q3 26 Corporates & professionals 46% 54% 45% 55% 55% 45% Loans 135 150145 Q3 25 Q2 26 Q3 26 Unit-linked Euro Funds 167 43% 153 41% 59% 57% 167 43% 57% Q3 25 Q2 26 Q3 26 SG NETWORK INSURANCEPRIVATE BANKING Private Banking AuM (in EURbn) +10% vs. Q3 25 Life Insurance outstandings(1) (in EURbn) +9% vs. Q3 25 194 221 190 219 190 219 ▪ Loans outstanding stable vs. Q2 26, growth in home loans vs. Q2 26 ▪ Deposits outstanding stable vs. Q2 26 ▪ Life insurance net inflows of EUR 1.5bn in Q3 26, negative market effect on outstandings in Q3 26 ▪ High savings life insurance outstandings of EUR 167bn in Q3 26, +9% vs. Q3 25 ▪ Net inflows of EUR 1bn in Q3 26 ▪ Record high AuM of EUR 150bn in Q3 26, +10% vs. Q3 25 Deposits 56% 44%45% 55% 44% 56% Sight deposits
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14Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 (1) Assets under Administration representing the sum of financial savings and deposits, (2) Life Insurance, Mutual Funds and Securities, (3) SIA partners, September 2026 BoursoBank COMMERCIAL ACTIVITY CLIENT ACQUISITION AND CUSTOMER SATISFACTION ▪ AuA(1) of EUR 86bn in Q3 26, +13% vs. Q3 25, deposits +7% vs. Q3 25 ▪ Savings life insurance outstandings at EUR 16bn in Q3 26, +17% vs. Q3 25, with a high proportion in unit-linked products at 51% ▪ 3.4m market orders in Q3 26, +20% vs. Q3 25 ▪ Total number of clients of 9.4m in Q3 26, new client onboarding +12% vs. Q3 25 ▪ Low churn rate of <4% ▪ Best banking app in France(3) Q3 26 Group net income EUR 101m, RONE 74% Loans outstanding (in EURbn) +7% vs. Q3 25 16.9 18.017.8 Q3 25 Q2 26 Q3 26 AuA(1) outstanding (in EURbn) +13% vs. Q3 25 Deposits Financial savings(2) 76 8684 42% 42% 39% 58%58%61% Q3 25 Q2 26 Q3 26 Total clients (in m) +14% vs. Q3 25 8.3 9.49.1 Q3 25 Q2 26 Q3 26 New client onboarding in Q3 26 (in ‘000) 446k 397 446 Q3 25 Q2 26 Q3 26 280
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15Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 French Retail, Private Banking and Insurance INCOME STATEMENT *At constantperimeter and exchangerates ▪ Revenues +10.9% vs. Q3 25 NII +12.7% vs. Q3 25 Fees +8.3% vs. Q3 25 ▪ Operating expenses -5.1% vs. Q3 25 ▪ Cost of risk at 33bps in Q3 26 ▪ Cost / income ratio at 56.1% in Q3 26 ▪ RONE at 14.6% in Q3 26 In EURm Q3 26 Q3 25 Change 9M 26 9M 25 Change Net banking income 2,531 2,281 +10.9% 7,588 6,849 +10.8% +11.4%* Of which net interest income 1,208 1,072 +12.7% 3,587 3,170 +13.2% +13.8%* Of which fees 1,106 1,021 +8.3% 3,347 3,090 +8.3% +9.1%* Operating expenses (1,421) (1,498) -5.1% (4,331) (4,541) -4.6% -3.8%* Gross operating income 1,110 783 +41.7% 3,257 2,308 +41.1% +41.3%* Net cost of risk (189) (189) +0.2% (576) (505) +14.0% +14.0%* Operating income 921 595 +54.8% 2,681 1,803 +48.7% +48.9%* Net profits or losses from other assets 3 (5) n/s 4 21 n/s n/s Group net income 682 439 +55.4% 1,981 1,348 +46.9% +47.2%* RONE 14.6% 9.9% 14.3% 10.2% Cost to income 56.1% 65.7% 57.1% 66.3% Q3 26 HIGHLIGHTS
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16Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 Global Markets and Investor Services GLOBAL MARKETS AND INVESTOR SERVICES ▪ Revenues +17.0% vs. Q3 25 EQUITIES ▪ Record quarter, revenues +45.9% vs. Q3 25 ▪ Very strong momentum across all activities and all regions FIXED INCOME AND CURRENCIES (FIC) ▪ Revenues -20.6% vs. Q3 25 ▪ Lower activity in Rates Q3 26 Global Markets revenues (in EURm) +18.0% vs. Q3 25 9M 26 Global Markets revenues (in EURm) +3.6% vs. 9M 25 SECURITIES SERVICES ▪ Revenues +9.1% vs. Q3 25 ▪ Strong commercial activity and deposit growth across key markets FIC Equities 1,414 1,421 531 597 824882 1,676 474 1,202 4,563 4,756 1,819 1,910 2,8472,745 4,927 1,590 3,337 GLOBAL MARKETS ▪ Revenues +18.0% vs. Q3 25 Q3 24 Q3 25 Q3 26 9M 24 9M 25 9M 26
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17Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 Financing and Advisory FINANCING AND ADVISORY ▪ Revenues +4.2% vs. Q3 25 GLOBAL BANKING AND ADVISORY ▪ Revenues +2.5% vs. Q3 25 driven by core franchises ▪ Continued growth in structured finance, driven by strong origination and robust client activity across key sectors Q3 26 F&A revenues (in EURm) +4.2% vs. Q3 25 9M 26 F&A revenues (in EURm) +1.2% vs. 9M 25 GLOBAL TRANSACTION AND PAYMENT SERVICES ▪ Revenues +8.8% vs. Q3 25 ▪ Strong commercial activity with fees and deposit growth in most key markets 846 882 919 Q3 24 Q3 25 Q3 26 2,614 2,750 2,783 9M 24 9M 25 9M 26
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18Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 Global Banking and Investor Solutions INCOME STATEMENT *At constant perimeter and exchange rates (1) Global Markets and Investor Services, (2) Financing and Advisory ▪ Revenues +12.5% vs. Q3 25 GMIS(1) revenues +17.0% vs. Q3 25 F&A(2) revenues +4.2% vs. Q3 25 ▪ Operating expenses +7.6% vs. Q3 25 ▪ Cost of risk at 11bps in Q3 26 ▪ Cost / income ratio at 57.4% in Q3 26 ▪ RONE at 19.8% in Q3 26 Q3 26 HIGHLIGHTS In EURm Q3 26 Q3 25 Variation 9M 26 9M 25 Change Net banking income 2,777 2,469 +12.5% +11.8%* 8,250 8,012 +3.0% +4.9%* Operating expenses (1,595) (1,482) +7.6% +6.9%* (4,904) (4,868) +0.7% +2.2%* Gross operating income 1,182 987 +19.8% +19.1%* 3,346 3,144 +6.4% +9.2%* Net cost of risk (46) (51) -10.0% -10.0%* (104) (187) -44.4% -44.4%* Operating income 1,136 936 +21.4% +20.6%* 3,241 2,957 +9.6% +12.7%* Group net income 899 734 +22.4% +21.6%* 2,539 2,340 +8.5% +11.4%* RONE 19.8% 17.4% 19.4% 17.6% 0 +0.0%* Cost to income 57.4% 60.0% 59.4% 60.8% 0 +0.0%*
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19Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026*At constant perimeter (excluding disposals closed but including entities under disposal process reported under IFRS 5) and exchange rates International Retail Banking CZECH REPUBLIC AFRICA AND OTHERSROMANIA Revenues up +4%* vs. Q3 25 Revenues up +2%* vs. Q3 25 Revenues stable* vs. Q3 25 Loans / deposits outstanding* (in EURbn) +1%* / +3%* vs. Q3 25 ▪ Outstandings up both in individual and corporate clients ▪ Revenue growth in core franchises ▪ Solid loan and deposit momentum both in individual and corporate clients ▪ NII and fee income growth driven by strong commercial activity ▪ Robust loan growth across client segments, good deposit dynamics driven by retail clients ▪ NII +6%* vs. Q3 25, offsetting lower fees Loans / deposits outstanding* (in EURbn) +9%* / +7%* vs. Q3 25 Deposits Loans Q3 25 Q2 26 Q3 26 35.4 Loans / deposits outstanding* (in EURbn) +11%* / +2%* vs. Q3 25 Deposits Loans Q3 25 Q2 26 Q3 26 10.2 Deposits Loans Q3 25 Q2 26 Q3 26 13.543.3 37.8 46.5 38.4 46.2 13.7 11.1 14.0 11.4 14.0 16.1 13.8 16.7 13.7 16.5
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20Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 (1) Ayvens revenues at SG level, (2) Excluding non-recurring items, mainly from hyperinflation in Turkey, (3) Gross UCS result excluding impacts of depreciation adjustments, (4) As communicated in Ayvens Q3 26 results. The C/I ratio is on an underlying basis Mobility and Financial Services Q3 26 M&FS revenues (in EURm) 9M 26 M&FS revenues (in EURm) Ayvens(1) Consumer Finance Perimeter impact SGEF 1,065 1,003 833 234 755 248 251 Q3 25 Q2 26 Q3 26 3,268 2,496 703 753 9M 25 9M 26 981 731 3,048 2,295 AYVENS REVENUES -12.2%(1) VS. Q3 25 ▪ Continued strong margin performance at 620bps(2) in Q3 26 vs. ~590bps(2) in Q3 25, stable earning assets vs. Q3 25 ▪ UCS result(3) per unit down to ~EUR 310 in 9M 26 (~EUR 120 in Q3 26) within the 2026 annual guidance EUR 200-600 ▪ Operational efficiency and profitability aligned with 2026 targets, C/I ratio 49.2%(4) and ROTE 13.2%(4) in Q3 26 CONSUMER FINANCE REVENUES +7.3% VS. Q3 25 ▪ Higher NII driven by increase in margin thanks to continued repricing policy MOBILITY AND FINANCIAL SERVICES ▪ Revenues -7.8% vs. Q3 25
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21Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 Mobility, International Retail Banking and Financial Services INCOME STATEMENT *At constant perimeter and exchange rates (1) International Retail Banking, (2) Mobility and Financial Services ▪ Revenues -4.3% vs. Q3 25 at constant perimeter and FX IRB(1) revenues +1.0% vs. Q3 25 at constant perimeter and FX M&FS(2) revenues -8.5% vs. Q3 25 at constant perimeter and FX ▪ Operating expenses –2.6% vs. Q3 25 at constant perimeter and FX ▪ Cost of risk at 47bps in Q3 26 ▪ Cost / income ratio at 51.8% in Q3 26 ▪ RONE at 12.9% in Q3 26 Q3 26 HIGHLIGHTS In EURm Q3 26 Q3 25 Change 9M 26 9M 25 Change Net banking income 1,855 1,988 -6.7% -4.3%* 5,671 6,024 -5.9% -2.1%* Operating expenses (961) (1,010) -4.8% -2.6%* (2,977) (3,249) -8.4% -4.2%* Gross operating income 894 978 -8.6% -6.0%* 2,693 2,775 -2.9% +0.3%* Net cost of risk (173) (131) +32.2% +37.5%* (475) (381) +24.5% +30.4%* Operating income 721 847 -14.9% -12.7%* 2,218 2,394 -7.3% -4.4%* Net profits or losses from other assets (1) (1) n/s n/s 15 (1) n/s n/s Non-controlling interests 210 254 -17.6% -15.9%* 657 712 -7.7% -6.8%* Group net income 349 393 -11.1% -8.6%* 1,074 1,115 -3.7% +0.2%* RONE 12.9% 14.9% 13.3% 13.8% Cost to income 51.8% 50.8% 52.5% 53.9%
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22Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 INCOME STATEMENTQ3 26 HIGHLIGHTS Corporate Centre ▪ Revenues EUR 10m in Q3 26 Driven by revaluation of liabilities accounted at fair value ▪ Group net income EUR -42m in Q3 26 Broadly stable, despite a EUR 67m net profit contribution from other assets in Q3 25 In EURm Q3 26 Q3 25 Change 9M 26 9M 25 Change Net banking income 10 (83) n/s (133) (356) +62.6% Operating expenses (116) (70) +64.6% (365) (337) +8.3% Gross operating income (106) (154) +31.3% (498) (693) +28.1% Net cost of risk 0 2 n/s 2 6 +64.7% Net profits or losses from other assets (3) 67 n/s 56 317 n/s Income tax 85 71 -20.1% 277 214 -29.2% Group net income (42) (45) +6.4% (220) (221) +0.8%
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23Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 ▪ Unlocking opportunities through deep expertise across the electrification value chain ▪ Powering the future of agrivoltaics(3) in Italy, structuring a landmark transaction combining renewable energy and biodiversity (1) Developed by Copenhagen Infrastructure Partners, (2) The Finnish export credit agency, (3) Agrivoltaics combines solar energy generation with agricultural activities on the same land, (4) Sustainable Development Goals, (5) Combining African Development Fund and ICIEC protection, (6) European Investment Bank Sustainable development AN ESTABLISHED BANKING PARTNER IN THE ENERGY TRANSITION AN EXTENDED REACH THROUGH MULTILATERAL PARTNERSHIPS ▪ Developing innovative blended finance solutions ▪ Delivering on our partnership with EIB(6) to finance cleantech in Europe, including support for Peridot Solar Supporting investments in education, health and industrial development in Rwanda, covered by the World Bank Group SDG(4)-linked financing for Benin, backed by multilateral risk-sharing(5) to advance economic and social development Storage: financing Gawara Baya(1), an innovative hybrid wind and battery project in Australia, supporting grid stability Distribution: mobilising our export finance expertise for a strategic UK grid project, backed by Finnvera(2) Best Bank for Sustainable Infrastructure & Project Finance Global Finance 2023, 2024, 2025, 2026 Global ESG Project Finance House of the Year The Asset 2026
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24Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 03 Conclusion
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25Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 (1) 2025 ROTE of 9.6% excluding net gains on other assets, (2) Revenue growth of +6.3% vs. 9M 25 at constant perimeter and exchange rates, (3) Costs down -1.5% vs. 9M 25 at constant perimeter and exchange rates On track to exceed 2026 targets 2026 TARGETS REVENUES (REPORTED) Revenues (excluding disposals) COSTS (REPORTED) Costs (excluding disposals) COST / INCOME RATIO COST OF RISK ROTE CETI >+2% vs. 2025 ~-4% vs. 2025 C/I ratio <60% COR 25-30bps ROTE ~11% CETI >13% 9M 26 +4.1%(2) vs. 9M 25 +5.5% vs. 9M 25 58.8% in 9M 26 27bps in 9M 26 12.3% in 9M 26 13.4% end-9M 26 -3.2%(3) vs. 9M 25 -2.1% vs. 9M 25 2024 +6.7% vs. 2023 +7.3% vs. 2023 69.0% in 2024 26bps in 2024 6.9% in 2024 13.3% end-2024 -0.3% vs. 2023 +0.2% vs. 2023 2025 +1.7% vs. 2024 +6.8% vs. 2024 63.6% in 2025 26bps in 2025 10.2%(1) in 2025 13.5% end-2025 -6.1% vs. 2024 -2.0% vs. 2024
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26Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 04 Supplement
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27Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 In EURm Q3 26 Q3 25 9M 26 9M 25 Operating expenses - Total one-off items and transformation charges (18) (57) (180) (262) Transformation charges (18) (57) (53) (161) Of which French Retail, Private Banking and Insurance (8) (15) (18) (48) Of which Global Banking & Investor Solutions (2) (12) (9) (15) Of which Mobility, International Retail Banking & Financial Services (8) (30) (26) (98) Of which Corporate Centre (0) 0 (0) 0 One-off items 0 0 (127) (101) Global Employee Share Ownership Programme 0 0 (127) (101) Other one-off items (1) 61 74 338 Net profits or losses from other assets (1) 61 74 338 Group Overview of exceptional items
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28Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 Group IFRIC 21 impact Total IFRIC 21 - costs o/w Resolution Funds In EURm 9M 26 9M 25 9M 26 9M 25 French Retail, Private Banking and Insurance (44) (45) 0 0 Global Banking and Investor Solutions (110) (134) 0 (3) Global Markets and Investor Services (81) (103) 0 (3) Financing and Advisory (29) (31) 0 0 Mobility, International Retail Banking & Financial Services (35) (52) (6) (12) Mobility and Financial Services (14) (12) 0 0 International Retail Banking (20) (40) (6) (12) Czech Republic (17) (14) (6) (5) Romania 0 (16) 0 (7) Other Europe 0 (4) 0 0 Africa, Asia, Mediterranean bassin and Overseas (3) (5) 0 0 Corporate Centre (79) (81) 0 0 Group (268) (312) (6) (14)
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29Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 French Retail, Private Banking and Insurance Global Banking and Investor Solutions Mobility, InternationalRetail Banking & FinancialServices Corporate Centre Group In EURm Q3 26 Q3 25 Q3 26 Q3 25 Q3 26 Q3 25 Q3 26 Q3 25 Q3 26 Q3 25 Net banking income 2,531 2,281 2,777 2,469 1,855 1,988 10 (83) 7,173 6,655 Operating expenses (1,421) (1,498) (1,595) (1,482) (961) (1,010) (116) (70) (4,093) (4,060) Gross operating income 1,110 783 1,182 987 894 978 (106) (154) 3,081 2,595 Net cost of risk (189) (189) (46) (51) (173) (131) 0 2 (408) (369) Operating income 921 595 1,136 936 721 847 (105) (152) 2,673 2,226 Net income from companies accounted for by the equity method 0 4 1 (1) 5 4 0 0 6 8 Net profits or losses from other assets 3 (5) 0 0 (1) (1) (3) 67 (1) 61 Income tax (240) (153) (232) (197) (166) (204) 85 71 (553) (483) Non controlling Interests 2 1 7 4 210 254 19 32 237 291 Group net income 682 439 899 734 349 393 (42) (45) 1,888 1,521 C/I ratio 56.1% 65.7% 57.4% 60.0% 51.8% 50.8% 57.1% 61.0% Average allocated capital 18,635 17,787 18,145 16,861 10,845 10,516 11,534 13,369 59,159 58,533 Group ROTE / RONE 14.6% 9.9% 19.8% 17.4% 12.9% 14.9% 13.0% 10.7% Group Q3 26 income statement by business
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30Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 Group 9M 26 income statement by business French Retail, Private Banking and Insurance Global Banking and Investor Solutions Mobility, International Retail Banking & Financial Services Corporate Centre Group In EURm 9M 26 9M 25 9M 26 9M 25 9M 26 9M 25 9M 26 9M 25 9M 26 9M 25 Net banking income 7,588 6,849 8,250 8,012 5,671 6,024 (133) (356) 21,375 20,529 Operating expenses (4,331) (4,541) (4,904) (4,868) (2,977) (3,249) (365) (337) (12,577) (12,994) Gross operating income 3,257 2,308 3,346 3,144 2,693 2,775 (498) (693) 8,798 7,535 Net cost of risk (576) (505) (104) (187) (475) (381) 2 6 (1,153) (1,068) Operating income 2,681 1,803 3,241 2,957 2,218 2,394 (496) (686) 7,644 6,467 Net income from companies accounted for by the equity method (1) 2 5 1 14 12 (0) (0) 18 15 Net profits or losses from other assets 4 21 (0) 0 15 (1) 56 317 74 338 Income tax (698) (474) (682) (612) (516) (579) 277 214 (1,619) (1,450) Non controlling Interests 4 4 25 6 657 712 57 66 743 787 Group net income 1,981 1,348 2,539 2,340 1,074 1,115 (220) (221) 5,374 4,582 C/I ratio 57.1% 66.3% 59.4% 60.8% 52.5% 53.9% 58.8% 63.3% Average allocated capital 18,411 17,629 17,488 17,693 10,748 10,810 12,271 12,541 58,918 58,673 Group ROTE / RONE 14.3% 10.2% 19.4% 17.6% 13.3% 13.8% 12.3% 10.5%
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31Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 In EURbn 30.09.2026 31.12.2025 Shareholder equity Group share 73.4 70.1 Deeply subordinated notes'Undated subordinated notes(2) (11.7) (9.4) Distribution to be paid(3), Distribution N-1 and interest on subordinated notes (2.1) (2.8) Goodwill and intangible (6.9) (7.0) Non-controlling interests(4) 8.8 9.4 Deductions and regulatory adjustments (7.0) (7.3) Common Equity Tier 1 Capital 54.5 53.1 Additionnal Tier 1 Capital 12.2 9.8 Tier 1 Capital 66.8 62.9 Tier 2 capital 8.8 10.0 Total capital (Tier 1 + Tier 2) 75.5 72.9 Risk-Weighted Assets 405.5 393.1 Common Equity Tier 1 Ratio 13.4% 13.5% Tier 1 Ratio 16.5% 16.0% Total Capital Ratio 18.6% 18.5% (1) Including Danish compromise for insurance. Pro forma Q3 26 results. Prudential and accounting amounts may differ upon the prudential treatment applied to items subject to specific provisions in the current regulation and further adjustments to comply with prudential reporting requirements, (2) Excluding issue premia on deeply subordinated notes and on undated subordinated notes, (3) Based on an ordinary distribution payout ratio of 50% of the Group net income, restated from non-cash items and after deduction of interest on deeply subordinated notes and undated subordinated notes, (4) Non-controlling interests are presented at their accounting value, in line with consolidated financial statements Group CRR3/CRD6 prudential capital ratios Phased-in Common Equity Tier 1, Tier 1 and Total Capital (1)
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32Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 (1) Pro forma including Q3 26 results, (2) The prudential balance sheet corresponds to the IFRS balance sheet less entities accounted for through the equity method (mainly insurance subsidiaries), (3) Securities financing transactions: repurchase transactions, securities lending or borrowing transactions and other similar transactions Group CRR3/CRD6 leverage ratio Phased-in Leverage Ratio(1) In EURbn 30.09.2026 31.12.2025 Tier 1 Capital 66.8 62.9 Total prudential balance sheet(2) 1,503 1,370 Adjustments related to derivative financial instruments (26) 3 Adjustments related to securities financing transactions(3) 24 18 Off-balance sheet exposure (loan and guarantee commitments 119 122 Technical and prudential adjustments (128) (107) Leverage exposure 1,492 1,406 Phased-in leverage ratio 4.5% 4.5%
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33Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 NB: including Basel IV phasing (1) Tier 2 capital computed for TLAC / MREL differ from Tier 2 capital for total capital ratio due to TLAC / MREL eligibility rules Group TLAC and MREL ratios % RWA EUR bn % Leverage % RWA EUR bn % Leverage 6.75% 8.2% Req. 2026 30/09/2026 o.w. junior debt 22.3% 13.4% 55 3.0% 12 2.2% 9 11.5% 47 27.46% 2.4% 10 Req. 2026 30/09/2026 30/09/2026 SP SNP T2 ⁽¹⁾ AT1 CET1 EUR 132bn32.6% EUR 122bn TLAC Q3 26 RATIOS MREL Q3 26 RATIOS ▪ Societe Generale has chosen to waive the possibility offered by Article 72b(3) of the CRR to use Senior Preferred debt for compliance with its TLAC requirement ▪ MREL ratio well above requirements without recourse to Senior Preferred debt (thanks to EUR 122bn of junior debt) 22.38% 13.4% 55 3.0% 12 2.2% 9 11.5% 47 Req. 2026 30/09/2026 30/09/2026 SP SNP T2 ⁽¹⁾ AT1 CET1 EUR 122bn EUR 122bn30.1% 6.01% 8.8% Req. 2026 30/09/2026
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34Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026(1) Including the entities reported under IFRS 5 until disposal Group Risk-weighted assets(1) (CRR3/CRD6, in EUR bn) Total Operational Market Credit109.4 113.4 114.3 88.8 98.5 98.9 0 103.9 107.9 107.0 12.5 11.5 10.8 314.6 331.3 331.1 0.0 0.0 0.0 9.5 12.1 12.2 0 0.1 0.0 0.1 1.3 1.1 0.7 10.9 13.3 13.0 18.6 18.8 18.8 24.9 24.6 24.6 0 19.2 18.0 18.0 0.3 0.3 0.0 62.9 61.8 61.4 128.0 132.1 133.1 123.2 135.2 135.8 0 123.2 126.0 125.2 14.1 13.0 11.5 388.5 406.4 405.5 Q3 25 Q2 26 Q3 26 Q3 25 Q2 26 Q3 26 Q3 25 Q2 26 Q3 26 Q3 25 Q2 26 Q3 26 Q3 25 Q2 26 Q3 26 French Retail, Private Banking and Insurance Global Banking and Investor Solutions Mobility, International Retail Banking & Financial Services Corporate Centre Group
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35Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026(1) Total credit risk (debtor, issuer and replacement risk for all portfolios). Estimate as of 29 October 2026 Group Geographic breakdown commitments at 30.09.2026 41% 23% 16% 9% 8% 2% 1% France Western Europe (excl. France) North America Eastern Europe Asia Pacific Africa & Middle East Latin America & Caribbean On-and off-balance sheet EAD(1) EUR 1,102bn
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36Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 (1) Customer loans, deposits and loans due from banks, financing lease and operating lease. Excluding repurchase agreements and excluding entities reported under IFRS 5 Group Change in gross loans outstanding(1) End of period in EURbn Total 25.7 25.6 26.4 26.5 26.6 26.3 27.1 27.2 28.4 225.9 224.8 226.6 228.5 229.5 229.9 229.3 228.7 229.4 164.8 177.7 176.2 161.0 159.0 167.0 182.6 179.7 182.9 141.1 142.9 143.2 141.3 141.8 144.8 144.2 146.1 146.3 557.6 571.0 572.5 557.2 556.8 567.9 583.1 581.7 587.0 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 Q3 26 Mobility, International Retail Banking & Financial Services Global Banking and Investor Solutions French Retail, Private Banking & Insurance Corporate Centre
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37Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026See: Methodology. Costs of Risk in bps are calculated based on Gross loans outstanding at the beginning of period (annualised) Group Cost of risk In EURm Q3 26 Q3 25 9M 26 9M 25 French Retail, Private Banking and Insurance Net cost of risk 189 189 576 505 Gross loan outstandings 232,293 231,967 232,880 231,843 Cost of risk in bp 33 33 33 29 Global Banking and Investor Solutions Net cost of risk 46 51 104 187 Gross loan outstandings 175,172 156,757 172,042 167,133 Cost of risk in bp 11 13 8 15 Mobility, International Retail Banking and Financial Services Net cost of risk 173 131 475 381 Gross loan outstandings 146,047 143,166 145,889 148,874 Cost of risk in bp 47 37 43 34 Corporate Centre Net cost of risk 0 (2) (2) (6) Gross loan outstandings 27,171 26,488 26,839 26,161 Cost of risk in bp (1) (3) (1) (3) Societe Generale Group Net cost of risk 408 369 1,153 1,068 Gross loan outstandings 580,683 558,378 577,651 574,011 Cost of risk in bp 28 26 27 25
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38Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 (1) Data restated excluding loans at fair value through profit or loss which are not eligible to IFRS 9 provisioning, (2) Figures calculated on on-balance sheet customer loans and advances, deposits at banks and loans due from banks, finance leases, excluding loans and advances classified as held for sale, cash balances at central banks and other demand deposits, in accordance with the EBA/ITS/2019/02 Implementing Technical Standards amending Commission Implementing Regulation (EU) No 680/2014 with regard to the reporting of financial information (FINREP). The NPL rate calculation was modified in order to exclude from the gross exposure in the denominator the net accounting value of the tangible assets for operating lease. Performing and non-performing loans include loans at fair value through profit or loss which are not eligible to IFRS 9 provisioning and so not split by stage. Historical data restated Group Non-performing loans In EURbn 30.09.2026 30.06.2026 30.09.2025 Performing loans 511.1 508.2 488.3 inc. Stage 1 book outstandings(1) 451.9 447.3 433.7 inc. Stage 2 book outstandings 48.9 49.9 42.4 Non-performing loans 14.5 14.1 13.9 inc. Stage 3 book outstandings 14.5 14.1 13.9 Total Gross book outstandings(2) 525.6 522.3 502.3 Group Gross non-performing loans ratio(2) 2.75% 2.70% 2.77% Provisions on performing loans 2.4 2.5 2.5 inc. Stage 1 provisions 0.8 0.8 0.8 inc. Stage 2 provisions 1.6 1.7 1.7 Provisions on non-performing loans 6.5 6.5 6.2 inc. Stage 3 provisions 6.5 6.5 6.2 Total provisions 8.9 9.0 8.7 Group gross non-performing loans ratio (provisions on non-performing loans / non-performing loans) 45% 46% 45% Group net non-performing loans ratio (provisions on non-performing loans+Guarantees+Collateral / non-performing loans) 81% 83% 82%
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39Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026(1) Including government bonds and public agencies, (2) o/w ~100% Saudi Arabia Group Sovereign bonds(1) exposure by geography Banking book Trading book Total (A + B) Total (A) o/w bonds at amortised cost o/w bonds at FV through OCI o/w bonds at FV through P&L Bonds at FV through P&L (B)In EUR bn, as of 30 September 2026 France 9.8 7.3 6.9 0.4 - 2.5 Czech Republic 7.6 7.6 7.0 0.6 - 0.0 Romania 2.5 2.5 0.9 1.7 - - Luxembourg 0.8 0.8 0.2 0.6 - - Netherlands 0.1 0.1 0.1 - - - Italy 3.8 3.8 3.4 0.4 - - Germany 3.0 2.8 0.5 2.4 - 0.2 Other EU 10.6 10.4 3.7 6.7 0.0 0.2 Total EU 38.3 35.4 22.6 12.8 0.0 2.9 Switzerland 1.7 1.6 - 1.6 - 0.1 UK 1.1 1.0 - 1.0 - 0.2 Other 0.2 - - - - 0.2 Other Europe 3.1 2.6 - 2.6 - 0.5 USA 31.6 31.6 16.5 15.1 - 0.0 Japan 0.6 0.4 - 0.4 - 0.2 Africa 3.0 3.0 1.6 1.4 - 0.0 Asia (excl. Japan) 7.2 6.4 0.0 6.4 - 0.8 Middle East(2) 1.3 0.0 - - - 1.3 Other countries 2.6 2.3 0.6 1.7 - 0.3 Total 87.7 81.7 41.2 40.5 0.0 6.1
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40Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 (1) Exposure in the banking book (see slide “Sovereign bonds exposure by geography” for more details on trading exposure), excluding central bank deposits and cash at the Caisse des Dépôts et Consignations, (2) Hold to Collect, (3) Hold to Collect and Sell Group Limited exposure to French sovereign FRENCH SOVEREIGN EXPOSURE(1) ~95% ~30% EUR 7.2bn EUR 14.7bn EUR 0.1bn French OAT Public sectors loans and other Other securities ~5% Amortised cost (HTC(2)) Fair value (HTCS(3)) Total French sovereign exposure: EUR 22.0bn ~70% ▪ Limited exposure to French sovereign debt (OAT) for EUR 7.2bn at end-September 2026 o Low sensitivity on CET1 ratio, <1bp for 100bps move o ~95% of French OAT exposure accounted at amortised cost ~65%
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41Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 PRIVATE CREDIT EXPOSURE (1) EaD at end-Q2 26, including Broadly Syndicated Loans, (2) EUR 1.1bn, (3) EUR 14.6bn versus EUR 14.4 in the previous quarter, (4) Middle Market Lending (MML), (5) EaD at end-Q3 26 Group Private credit, data centres, IT consulting and software exposures DATA CENTRES, IT CONSULTING & SOFTWARE Small exposure to private credit 74% 19% 7% Collateralised leveraged loans financing Business Development Companies(2) ~1.4% EaD(1) Capital call financing Total EaD(1): ~EUR 15bn(3) (~1.4% Group EaD), o/w capital calls: ~EUR 3bn (~0.3% Group EaD) ▪ Very granular portfolio (>2,000 underlying loans) ▪ Maximum Loan to Value of ~65% in MML(4) ▪ Low defaults with a NPL ratio <1% ▪ Strong track record in Fund Financing (20+ years) Well-diversified exposure 60%21% 10% 9% Data centres Computer programming ~1.1% EaD(5) IT consulting Application software publishing Software Total EaD(5): ~EUR 12bn (~1.1% Group EaD), o/w software: ~EUR 2bn (~0.2% Group EaD) ▪ Data centres exposure geared towards hyperscalers (~70%) ▪ Diversified portfolio (Top 20 clients 46% of EaD) ▪ Robust asset quality: ~70% of investment grade exposure ▪ Diversified across Europe (49%), US (40%) and Asia (11%)
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42Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026Note: Exposure as of June 2026 Group Limited and diversified commercial real estate exposure DIVERSIFIED EXPOSURE ▪ EUR 33bn Exposure at Default ▪ ~3% of total Group EaD ▪ ~24% exposure to offices ▪ Average LTV: ~55% ▪ ~2% exposure classified in S3 Commercial real estate EAD by geography (%) 47% 37% 9% 5% 2% France Europe US Asia Other EUROPEAN PORTFOLIO European commercial real estate EAD by asset class (%) 23% 26%20% 17% 14% Office Retail Residential Industrial Other European commercial real estate EAD by geography (%) 56% 9% 8% 6% 9% 3%9% France Czech Republic UK Italy Germany Spain Other ▪ EUR 28bn Exposure at Default ▪ Average LTV: ~53% ▪ ~2% exposure classified in S3 US PORTFOLIO ▪ ~EUR 3bn Exposure at Default ▪ Average LTV: ~69% ▪ ~12% exposure classified in S3 US Commercial real estate EAD by asset class (%) 44% 21% 20% 7% 8% Industrial Retail Office Residential Other
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43Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 (1) Estimate as at 29 October 2026. EAD for the corporate portfolio as defined by the Basel regulations (large corporate including insurance companies, funds and hedge funds, SME, specialised financing and factoring) based on the obligor’s characteristics before taking into account of the substitution effect. Total credit risk (debtor, issuer and replacement risk). Corporate EAD: EUR 372bn (2) The grouping of business segments was reviewed in 2022 in order to comply with internal credit risk monitoring methodologies and new reporting requirements from EBA on sectors. The grouping used is based on the main economic activity of counterparties, (3) Including trading activities, (4) At end-Q2 26 including the securitisation portfolio Group Focus on exposures CORPORATE PORTFOLIO EXPOSURE MOST SENSITIVE SECTORS ▪ PRIVATE CREDIT: ~1.4%(4) of total Group EAD ▪ HEDGE FUNDS: ~0.4% of total Group EAD ▪ DATA CENTRES, SOFTWARE & IT CONSULTING: ~1.1% of total Group EAD ▪ AUTOMOTIVE: ~1.3% of total Group EAD ▪ CONSTRUCTION: ~1.2% of total Group EAD ▪ SME: ~4% of total Group EAD (mostly in France) ▪ OTHER SENSITIVE SECTORS: <0.5% of total Group EAD (non-food retail, iron and steel industry, manufacture of metal products, media, road freight transport, restaurants, building materials, agriculture, forestry and fishing) Corporate EAD(1) in each sector(2) in % of total Group EAD at 30.09.2026 Total Group EAD: EUR 1,102bn 0.4% 0.5% 0.8% 0.9% 0.9% 1.0% 1.0% 1.1% 1.1% 1.2% 1.3% 1.3% 1.5% 1.6% 1.6% 2.3% 2.4% 2.7% 3.0% 7.1% Conglomerates Hotels, catering, tourism & leisure Shipping and cruise Oil and gas industry Others Oil and gas trading Aviation & Defense Retail trade (excl. Automobile) Pharmaceuticals, health and social work Building & construction Land transport & logistics Automotive B2B and B2C services Agriculture, food industry Heavy industry & mining Manufacturing industries Telecoms, media & technology Real Estate Utilities Financial services (3) (3)
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44Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 (1) Trading VaR: measurement over one year (i.e. 260 scenarios) of the greatest risk obtained after elimination of 1% of the most unfavourable occurrences, (2) Stressed VaR : Identical approach to VaR (historical simulation with 1-day shocks and a 99% confidence interval), but over a fixed one-year historical window corresponding to a period of significant financial tension instead of a one-year rolling period Group Change in trading VaR(1) and stressed VaR(2) Quarterly Average of 1-day, 99% Trading VaR(1) (in EUR m) -17 -16 -16 -20 -15 -19 -24 -15 -21 0 0 0 0 0 2 2 2 31 1 2 3 2 2 2 2 2 12 16 17 15 16 12 11 10 14 9 8 9 10 8 9 11 10 1310 10 9 10 8 10 11 6 7 16 19 20 17 19 15 13 15 18 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 Q3 26 Credit Interest Rates Equity Forex Commodities Compensation Effect __ Trading VaR(1) Stressed VAR(2) (1 day 99%, in EUR M) Q3 25 Q4 25 Q1 26 Q2 26 Q3 26 Minimum 26 28 31 35 33 Maximum 51 58 65 65 61 Average 37 41 44 48 45
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45Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026*As of 12 October 2026 and including EUR 3.1bn of pre-funding raised in 2025 Group Long term funding programme 2026 VANILLA LONG-TERM FUNDING PROGRAM FULLY COMPLETED MAIN RECENT TRANSACTIONS MAIN ISSUANCES FROM SUBSIDIARIES IN 2026 Programme Issued* (in EURbn) (in EURbn) Secured notes - - Senior Preferred notes ~ 0 – 2 2 Senior Non-Preferred notes ~ 10 – 11 ~ 10 Subordinated notes (T2/AT1) ~ 3 – 4 ~ 4 Vanilla notes ~ 15 ~ 16 June-26 Senior Non-Preferred 6NC5 AUD 400m FRN Jun-32NC31 AUD 250m 5.875% Jun-32NC31 Societe Generale June-26 Senior Non-Preferred 8NC7 USD 1bn 5.400% Aug-34NC33 Senior Non-Preferred 3NC2 USD 1.25bn 4.857% Jul-29NC28 Societe Generale July-26 Senior Preferred 2Y EUR 1.25bn FRN Jul-28 Senior Preferred 5Y EUR 750m 3.375% Jul-31 Societe Generale July-26 Senior Non-Preferred 7NC6 CHF 205m 1.3725% Jul-33NC32 Societe Generale April-26 Covered Bond 5.5Y EUR 750m 3.250% Oct-31 Komercni Banka January-26 Green Senior Preferred 4Y EUR 750m 3.000% Apr-30 Ayvens April-26 Green Senior Preferred 3Y EUR 750m 3.375% Avr-29 Ayvens September-26 Additional Tier 1 PerpNC7 USD 1.5bn 8.000% PerpNC33 Societe Generale May-26 Green Senior Preferred 6Y EUR 500m 3.5% Jun-32 Ayvens ▪ 2026 long-term vanilla funding programme fully completed with ~EUR 16bn of vanilla notes issued (incl. ~EUR 3.1bn of pre-funding raised in 2025)
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46Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026(1) Excluding mandatory reserves, (2) Unencumbered, net of haircuts Group Liquid asset buffer Central Bank Loans and Deposits(1) High Quality Liquid Asset Securities(2) Central Bank Eligible Assets(2) Liquidity reserves at EUR 358bn in Q3 26 ▪ Significant part of cash at Central Banks (EUR 135bn as of Q3 26 vs. EUR 119bn as of Q2 26) ▪ HQLA securities (EUR 171bn net of haircuts) mostly composed of highly rated sovereign debt which are hedged against interest rate risk Liquidity Coverage Ratio at 149% on average in Q3 26 and 145% at end of period STRONG LIQUIDITY RESERVES LIQUID ASSET BUFFER (in EURbn) 154 121 144 119 135 127 142 136 166 171 46 55 54 53 52328 318 334 339 358 Q3 25 Q4 25 Q1 26 Q2 26 Q3 26
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47Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 (1) The number of shares considered is the average number of ordinary shares outstanding during the period, excluding treasury shares and buy-backs, but including the trading shares held by the Group (expressed in thousands of shares) Group EPS calculation Average number of shares (thousands) 9M 26 H1 26 2025 Existing shares 750,569 754,338 790,605 Deductions Shares allocated to cover stock option plans and free shares awarded to staff 1,485 1,738 2,328 Other own shares and treasury shares 16,178 14,281 12,021 Number of shares used to calculate EPS(1) 732,907 738,319 776,255 Group net Income (in EURm) 5,374 3,487 6,002 Interest on deeply subordinated notes and undated subordinated notes (in EURm) (570) (378) (720) Adjusted Group net income (in EURm) 4,805 3,108 5,282 EPS (in EUR) 6.56 4.21 6.80
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48Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 (1) Interest net of tax. Minor methodology adjustment starting from Q1 26. Historical data have not been restated, (2) Excluding goodwill arising from non-controlling interests, (3) The number of shares considered is the number of ordinary shares outstanding at end of period, excluding treasury shares and buy-backs, but including the trading shares held by the Group (expressed in thousands of shares) Group Net asset value, tangible net asset value End of period (in EURm) 9M 26 H1 26 2025 Shareholders' equity Group share 73,361 71,645 70,144 Deeply subordinated and undated subordinated notes (11,695) (10,346) (9,366) Interest payable to holders of deeply & undated subordinated notes, issue premium amortisation(1) (160) (123) 14 Book value of own shares in trading portfolio (3) (10) (22) Net Asset Value 61,503 61,166 60,770 Goodwill(2) (4,278) (4,257) (4,225) Intangible Assets (2,487) (2,504) (2,625) Net Tangible Asset Value 54,739 54,405 53,919 Number of shares used to calculate NAPS(3) 716,670 730,035 754,887 Net Asset Value per Share 85.8 83.8 80.5 Net Tangible Asset Value per Share 76.4 74.5 71.4
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49Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 ROE/ROTE: see Methodology (1) The distribution provision is calculated based on an ordinary distribution payout ratio of 50% of the Group net income, restated from non-cash items and after deduction of deeply subordinated notes and on undated subordinated notes, (2) Interest net of tax. Minor methodology adjustment starting from Q1 26. Historical data have not been restated, (3) Excluding goodwill arising from non-controlling interests Group ROE/ROTE calculation detail End of period (in EURm) Q3 26 Q3 25 9M 26 9M 25 Shareholders' equity Group share 73,361 69,826 73,361 69,826 Deeply subordinated and undated subordinated notes (11,695) (9,372) (11,695) (9,372) Distribution provision(1), distribution N-1 to be paid and interest payable to holders of deeply & undated subordinated notes(2) (2,072) (1,874) (2,072) (1,874) OCI excluding conversion reserves 407 419 407 419 ROE equity end-of-period 60,002 58,999 60,002 58,999 Average ROE equity 59,159 58,533 58,918 58,673 Average Goodwill(3) (4,268) (4,176) (4,255) (4,180) Average Intangible Assets (2,495) (2,740) (2,558) (2,787) Average ROTE equity 52,396 51,618 52,104 51,706 Group net income 1,888 1,521 5,374 4,582 Interest paid and payable to holders of deeply subordinated notes and undated subordinated notes, issue premium amortisation (191) (141) (570) (528) Adjusted ROE Group net income 1,696 1,380 4,805 4,054 Cancellation of goodwill impairment - - - - Adjusted ROTE Group net income 1,696 1,380 4,805 4,054 ROE 11.5% 9.4% 10.9% 9.2% ROTE 13.0% 10.7% 12.3% 10.5%
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50Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 French Retail, Private Banking and Insurance Q3 26 and 9M 26 results French Retail, Private Banking and Insurance o/w Insurance French Retail, Private Banking and Insurance o/w Insurance In EURm Q3 26 Q3 25 Change Q3 26 Q3 25 Change 9M 26 9M 25 Change 9M 26 9M 25 Change Net banking income 2,531 2,281 +10.9% 190 177 +7.4% 7,588 6,849 +10.8% 558 520 +7.4% Operating expenses (1,421) (1,498) -5.1% (26) (29) -12.6% (4,331) (4,541) -4.6% (77) (94) -18.0% Gross operating income 1,110 783 +41.7% 164 148 +11.4% 3,257 2,308 +41.1% 481 426 +13.0% Net cost of risk (189) (189) +0.2% (0) (0) -80.9% (576) (505) +14.0% (0) (0) -12.7% Operating income 921 595 +54.8% 164 148 +11.4% 2,681 1,803 +48.7% 481 425 +13.0% Net profits or losses from other assets 3 (5) n/s 0 (0) n/s 4 21 n/s (0) (0) n/s Income tax (240) (153) +56.8% (43) (38) +11.6% (698) (474) +47.2% (125) (111) +13.0% Group net income 682 439 +55.4% 121 108 +11.4% 1,981 1,348 +46.9% 353 311 +13.2% C/I ratio 56.1% 65.7% 13.5% 16.6% 57.1% 66.3% 13.9% 18.1% Average allocated capital 18,635 17,787 1,543 1,473 18,411 17,629 1,561 1,416 RONE 14.6% 9.9% 31.3% 29.4% 14.3% 10.2% 30.1% 29.3%
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51Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 1 1 23 5 -3 11 54 22 47 27 1,071 1,149 1,165 1,186 1,211 1,021 987 1,114 1,127 1,106 177 188 179 189 1902,281 2,378 2,504 2,553 2,531 Q3 25 Q4 25 Q1 26 Q2 26 Q3 26 +13.3% +7.4% -502.2% +19.2% +149.9% +10.9% French Retail, Private Banking and Insurance Net banking income NBI (in EURm) Fees Other income Net Interest Income (excluding PEL/CEL provision or reversal) Insurance revenues PEL/CEL provision or reversal
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52Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 (1) Includes French and International activities, (2) Including deposits from Financial Institutions and medium-term notes, and incl. French networks corporate deposits French Retail, Private Banking and Insurance Customer deposits and financial savings 57 60 60 58 63 57 58 58 58 58 39 39 39 38 38 11 11 10 10 10 120 121 120 122 119 28 28 29 29 27 153 158 159 167 167 466 475 475 481 482 Q3 25 Q4 25 Q1 26 Q2 26 Q3 26 End of period outstandings (in EURbn) Life Insurance (1) Securities, Mutual Funds and Other PEL Sight Deposits Passbook deposits Regulated Savings Schemes (excl. PEL) Term Deposits(2)
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53Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026(1) SMEs, self-employed professionals, local authorities, corporates, Non-Profit Organisations, including foreign currency loans French Retail, Private Banking and Insurance Loans outstanding End of period outstandings, net of provisions (in EURbn) Housing Consumer Credit and Overdraft Business Customers(1) and Financial Institutions93 93 91 92 91 14 14 14 14 14 116 116 115 115 116 223 223 220 221 222 Q3 25 Q4 25 Q1 26 Q2 26 Q3 26
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54Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 French Retail, Private Banking and Insurance Insurance key figures 65% 59% 61% 61% 58% 35% 41% 39% 39% 42% 4.2 4.5 6.2 5.5 4.4 0.0 1.0 2.0 3.0 4.0 5.0 6.0 7.0 0 1 2 3 4 5 6 7 Q3 25 Q4 25 Q1 26 Q2 26 Q3 26 Property and Casualty Insurance Premiums (in EURm)Life Insurance Gross Inflows (in EURbn) Life Insurance Outstandings and Unit-Linked Breakdown (in EURbn) Unit-Linked Euro Funds Unit-Linked Euro Funds Personal Protection Insurance Premiums (in EURm) 59% 59% 59% 57% 57% 41% 41% 41% 43% 43% 153.4 158.1 159.2 166.6 167.4 0 20 40 60 80 100 120 140 160 180 Q3 25 Q4 25 Q1 26 Q2 26 Q3 26 252 260 262 260 251 0 50 100 150 200 250 300 350 Q3 25 Q4 25 Q1 26 Q2 26 Q3 26 244 241 244 241 262 0 50 100 150 200 250 300 350 Q3 25 Q4 25 Q1 26 Q2 26 Q3 26
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55Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026*At constantperimeter and exchangerates Global Banking and Investor Solutions Q3 26 results Global Markets and Investor Services Financing and Advisory Total Global Banking and Investor Solutions In EURm Q3 26 Q3 25 Change Q3 26 Q3 25 Change Q3 26 Q3 25 Change Net banking income 1,858 1,587 +16.5%* 919 882 +3.4%* 2,777 2,469 +12.5% +11.8%* Operating expenses (1,110) (1,004) +10.0%* (485) (478) +0.6%* (1,595) (1,482) +7.6% +6.9%* Gross operating income 748 583 +27.6%* 434 404 +6.6%* 1,182 987 +19.8% +19.1%* Net cost of risk 1 (1) n/s (47) (50) -6.2%* (46) (51) -10.0% -10.0%* Operating income 749 582 +28.0%* 387 354 +8.4%* 1,136 936 +21.4% +20.6%* Income tax (179) (138) +28.7%* (53) (59) -10.1%* (232) (197) +17.8% +16.9%* Net income 572 443 +28.3%* 334 296 +12.0%* 906 738 +22.7% +21.9%* Non-controlling Interests 7 4 +85.0%* 0 0 n/s 7 4 +76.1% +76.1%* Group net income 564 439 +27.9%* 334 296 +12.1%* 899 734 +22.4% +21.6%* C/I ratio 59.7% 63.3% 52.8% 54.2% 57.4% 60.0% Average allocated capital 8,240 8,171 9,914 8,701 18,145 16,861 RONE 27.4% 21.5% 13.5% 13.6% 19.8% 17.4%
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56Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026*At constantperimeter and exchangerates Global Banking and Investor Solutions 9M 26 results Global Markets and Investor Services Financing and Advisory Total Global Banking and Investor Solutions In EURm 9M 26 9M 25 Change 9M 26 9M 25 Change 9M 26 9M 25 Change Net banking income 5,467 5,262 +5.8%* 2,783 2,750 +3.2%* 8,250 8,012 +3.0% +4.9%* Operating expenses (3,405) (3,345) +3.4%* (1,499) (1,523) -0.4%* (4,904) (4,868) +0.7% +2.2%* Gross operating income 2,062 1,917 +10.1%* 1,283 1,228 +7.8%* 3,346 3,144 +6.4% +9.2%* Net cost of risk 3 (5) n/s (107) (182) -41.2%* (104) (187) -44.4% -44.4%* Operating income 2,065 1,911 +10.5%* 1,176 1,046 +16.6%* 3,241 2,957 +9.6% +12.7%* Income tax (492) (455) +10.6%* (191) (157) +29.1%* (682) (612) +11.5% +15.1%* Net income 1,578 1,456 +10.9%* 985 890 +14.4%* 2,564 2,346 +9.3% +12.2%* Non-controlling Interests 25 5 x 4.9* 0 1 n/s 25 6 x 4.5 x 4.5* Group net income 1,554 1,451 +9.5%* 985 889 +14.4%* 2,539 2,340 +8.5% +11.4%* C/I ratio 62.3% 63.6% 53.9% 55.4% 59.4% 60.8% Average allocated capital 8,031 8,480 9,465 9,214 17,488 17,693 RONE 25.8% 22.8% 13.9% 12.9% 19.4% 17.6%
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57Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 Global Banking and Investor Solutions Key financial indicators Global Markets and Investor Services RWA (in EURbn) Operational Market Securities Services: Assets under Custody (in EURbn) Credit Financing and Advisory RWA (in EURbn) Securities Services: Assets under Administration (in EURbn) 5,449 5,396 5,660 5,901 5,858 Q3 25 Q4 25 Q1 26 Q2 26 Q3 26 650 669 692 744 755 Q3 25 Q4 25 Q1 26 Q2 26 Q3 26 30.0 30.1 31.7 8.4 10.7 10.7 16.4 16.6 16.6 54.8 57.4 59.0 Q3 25 Q2 26 Q3 26 58.7 68.4 67.3 1.1 1.4 1.5 8.5 8.0 8.0 68.3 77.8 76.8 Q3 25 Q2 26 Q3 26
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58Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 Global Banking and Investor Solutions Revenues 824 789 1,119 1,016 1,202 597 435 571 545 474167 167 176 183 182 Q3 25 Q4 25 Q1 26 Q2 26 Q3 26 Financing and Advisory Revenues (in EURm)Global Markets and Investor Services Revenues (in EURm) Securities Services Equities Fixed Income and Currencies Revenues split by region (in %) 882 1,017 889 975 919 Q3 25 Q4 25 Q1 26 Q2 26 Q3 26 13% 28% 59% NBI Q3 26 EUR 2.8bn Europe AsiaAmericas
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59Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 Global Banking and Investor Solutions Financing and Advisory: supporting clients in their transformations Client proximity Innovation Product excellence Industry expertise Advisory capacity Global coverage Schneider Electric Underwriter, Global Coordinator, Bookrunner, MLA & Facility Agent (bridge) Global Coordinator (ABB) USD 25bn bridge facility to finance the acquisition of PTC in the US to strengthen its industrial software offering and a EUR 6bn ABB capital increase. The largest acquisition financing in EMEA in the last decade and the largest ABB in Europe in the last decade AbbVie Active Bookrunner USD 10bn senior unsecured bond issuance to fund a portion of its cash payment for the acquisition of Apogee Therapeutics. In connection with the proposed acquisition of Apogee, AbbVie had entered into a USD 10bn senior unsecured term loan facility in which Societe Generale was a participant Everllence Underwriter, Joint Bookrunner EUR 4.7bn cross-border Term Loan B supporting Bain Capital’s carve-out acquisition from Volkswagen of Everllence, the global leader in ship engines and turbomachinery Steel River Energy Center Coordinating Lead Arranger USD 3.0bn financing of the first two phases of the Steel River Energy Center in Arkansas, which will rank among the largest solar-plus-storage projects in the US Northland PPP Mandated Lead Arranger NZD 2.3bn financing of New Zealand’s largest-ever public-private infrastructure project, supporting the first stage of the Northland Expressway. The deal is structured through the Northway Consortium, in which Acciona and Aberdeen Investment each hold a 50% stake
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60Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 Global Banking and Investor Solutions Recognised expertise ▪ Global Markets ▪ Transaction Banking Best House Germany #1 Mini Futures #1 Faktor-Certificates #1 Best Customer Magazine #1 Best Newsletter Deutscher Zertifikatepreis Euromoney Cash management survey - 2026 #1 Best Cash Management Bank in France S&P Distance Stabilizer Index Index of the Year Annuities SRP Americas 2026 Awards Volatility Derivatives House of the Year in Europe & Asia Global Capital - Global Derivatives Awards 2026 Best Structured Products Counterparty Provider Investment Life & Pensions Moneyfacts Awards 2026 AWARDS & RANKINGS LEAGUE TABLES Syndicated Loans #5 EMEA Loans Volume by Bookrunner #3 France Loans Revenue by Bookrunner #2 France Loans Revenue by Bank Project Financing #3 Global Project Finance MLAs1 #3 Europe Project Finance MLAs1 #4 Asia-Pacific Project Finance MLAs1 #4 Global Transport Project Finance MLAs1 #3 Global Renewables Project Finance MLAs1 #4 Global Infrastructure Project Finance MLAs1 Investment Banking #1 Global Securitisations EUR ex CDOs2 #3 France DCM Revenue by Bank #3 France DCM Volume by Bookrunner #3 France ECM Volume by Bookrunner Sources : Dealogic Q3 2026, (1) Green Street Infrastructure Q3 2026 (as run on 26 October 2026), (2) Dealogic dynamic platform Q3 2026 (extracts as of October 15, 2026) ▪ Global Banking & Advisory Best Bank for Sustainable Infrastructure & Project Finance Global Finance 2023, 2024, 2025, 2026 Global ESG Project Finance House of the year The Asset 2026
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61Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026*At constantperimeter and exchangerates Mobility, International Retail Banking and Financial Services Q3 26 results International Retail Banking Mobility and Financial Services Total In EURm Q3 26 Q3 25 Change Q3 26 Q3 25 Change Q3 26 Q3 25 Change Net banking income 874 923 +1.0%* 981 1,065 -8.5%* 1,855 1,988 -4.3%* Operating expenses (432) (479) -2.9%* (528) (531) -1.5%* (961) (1,010) -2.6%* Gross operating income 442 444 +5.2%* 453 534 -15.5%* 894 978 -6.0%* Net cost of risk (53) (32) x 2.0* (120) (99) +20.5%* (173) (131) +37.5%* Operating income 389 412 -1.2%* 333 435 -23.8%* 721 847 -12.7%* Net profits or losses from other assets (1) (1) n/s (0) 0 n/s (1) (1) n/s Income tax (89) (95) -0.5%* (77) (109) -29.5%* (166) (204) -16.1%* Non-controlling interests 106 115 -4.4%* 104 140 -25.1%* 210 254 -15.9%* Group net income 193 201 +0.6%* 156 191 -19.1%* 349 393 -8.6%* C/I ratio 49.5% 51.9% 0.0% 53.9% 49.9% 0.0% 51.8% 50.8% +0.0%* Average allocated capital 4,690 4,501 +0.0%* 6,140 5,992 +0.0%* 10,845 10,516 +0.0%* RONE 16.5% 17.9% 10.2% 12.7% 12.9% 14.9%
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62Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026*At constantperimeter and exchangerates Mobility, International Retail Banking and Financial Services 9M 26 results International Retail Banking Mobility and Financial Services Total In EURm 9M 26 9M 25 Change 9M 26 9M 25 Change 9M 26 9M 25 Change Net banking income 2,623 2,756 +2.1%* 3,048 3,268 -5.4%* 5,671 6,024 -2.1%* Operating expenses (1,370) (1,506) -1.4%* (1,607) (1,743) -6.1%* (2,977) (3,249) -4.2%* Gross operating income 1,253 1,250 +6.1%* 1,441 1,525 -4.7%* 2,693 2,775 +0.3%* Net cost of risk (168) (98) x 2.0* (307) (284) +9.1%* (475) (381) +30.4%* Operating income 1,085 1,152 -1.1%* 1,134 1,242 -7.8%* 2,218 2,394 -4.4%* Net profits or losses from other assets 4 (1) n/s 11 0 n/s 15 (1) n/s Income tax (248) (264) +0.3%* (268) (314) -13.7%* (516) (579) -7.2%* Non-controlling interests 304 324 -4.5%* 353 388 -8.7%* 657 712 -6.8%* Group net income 537 563 +1.1%* 537 552 -1.5%* 1,074 1,115 +0.2%* C/I ratio 52.2% 54.7% 52.7% 53.3% 52.5% 53.9% Average allocated capital 4,639 4,462 6,091 6,328 10,748 10,810 RONE 15.4% 16.8% 11.8% 11.6% 13.3% 13.8%
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63Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026*At constantperimeter and exchangerates Mobility, International Retail Banking and Financial Services International Retail Banking – Q3 26 results Czech Republic Romania Africa, Mediterranean basin and Overseas Total International Retail Banking In EURm Q3 26 Q3 25 Change Q3 26 Q3 25 Change Q3 26 Q3 25 Change Q3 26 Q3 25 Change Net banking income 350 340 +4.2%* 189 193 +1.5%* 335 382 +0.1%* 874 923 +1.0%* Operating expenses (161) (168) -2.2%* (108) (114) -2.1%* (163) (193) -1.9%* (432) (479) -2.9%* Gross operating income 189 172 +10.4%* 81 78 +6.8%* 171 190 +2.1%* 442 444 +5.2%* Net cost of risk 1 14 +93.5%* (20) (11) +92.5%* (34) (36) +9.6%* (53) (32) x 2.0* Operating income 190 185 +2.2%* 61 68 -6.9%* 138 154 +0.4%* 389 412 -1.2%* Net profits or losses from other assets (0) 1 n/s (0) 1 n/s (1) (3) n/s (1) (1) n/s Income tax (36) (35) +1.9%* (12) (13) -8.9%* (41) (45) +2.4%* (89) (95) -0.5%* Non-controlling interests 61 53 +14.3%* 21 20 +11.6%* 23 26 +3.6%* 106 115 -4.4%* Group net income 92 98 -5.0%* 28 36 -20.0%* 73 79 +2.0%* 193 201 +0.6%* C/I ratio 46.1% 49.5% 57.0% 59.4% 48.8% 50.4% 49.5% 51.9% Average allocated capital 1,877 1,765 788 829 2,025 1,907 4,690 4,501 RONE 19.7% 22.2% 14.3% 17.3% 14.3% 16.6% 16.5% 17.9%
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64Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026*At constantperimeter and exchangerates Mobility, International Retail Banking and Financial Services International Retail Banking – 9M 26 results Czech Republic Romania Africa, Mediterranean basin and Overseas Total International Retail Banking In EURm 9M 26 9M 25 Change 9M 26 9M 25 Change 9M 26 9M 25 Change 9M 26 9M 25 Change Net banking income 1,024 999 +2.5%* 576 581 +2.3%* 1,023 1,168 +2.4%* 2,623 2,756 +2.1%* Operating expenses (505) (519) -1.6%* (334) (347) -0.8%* (530) (636) -0.7%* (1,370) (1,506) -1.4%* Gross operating income 518 480 +6.8%* 242 233 +6.9%* 493 532 +6.0%* 1,253 1,250 +6.1%* Net cost of risk 10 54 +83.6%* (58) (39) +52.9%* (120) (113) +15.3%* (168) (98) x 2.0* Operating income 528 534 -2.9%* 184 195 -2.4%* 373 419 +3.3%* 1,085 1,152 -1.1%* Net profits or losses from other assets (0) 1 n/s 0 2 n/s 4 (4) n/s 4 (1) n/s Income tax (100) (102) -3.2%* (35) (37) -3.2%* (113) (125) +5.6%* (248) (264) +0.3%* Non-controlling interests 173 170 -0.3%* 64 64 +3.2%* 67 76 -2.3%* 304 324 -4.5%* Group net income 254 264 -5.0%* 85 95 -7.5%* 197 215 +8.6%* 537 563 +1.1%* C/I ratio 49.4% 52.0% 58.0% 59.8% 51.9% 54.5% 52.2% 54.7% Average allocated capital 1,837 1,682 807 831 1,995 1,949 4,639 4,462 RONE 18.5% 20.9% 14.1% 15.3% 13.2% 14.7% 15.4% 16.8%
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65Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026*At constantperimeter and exchangerates Mobility, International Retail Banking and Financial Services Mobility and Financial Services – Q3 26 results Ayvens Consumer Finance Total Mobility and Financial Services In EURm Q3 26 Q3 25 Change Q3 26 Q3 25 Change Q3 26 Q3 25 Change Net banking income 731 833 -12.2%* 251 234 +3.7%* 981 1,065 -8.5%* Operating expenses (427) (440) -3.1%* (101) (91) +5.2%* (528) (531) -1.5%* Gross operating income 303 393 -22.5%* 149 142 +2.8%* 453 534 -15.5%* Net cost of risk (24) (28) -12.2%* (96) (71) +32.5%* (120) (99) +20.5%* Operating income 279 365 -23.3%* 54 71 -26.5%* 333 435 -23.8%* Net profits or losses from other assets (0) 0 n/s 0 0 n/s (0) 0 n/s Income tax (61) (88) -29.8%* (16) (22) -28.8%* (77) (109) -29.5%* Non-controlling interests 101 137 -26.0%* 3 3 +8.9%* 104 140 -25.1%* Group net income 117 141 -17.3%* 39 50 -23.9%* 156 191 -19.1%* C/I ratio 58.5% 52.8% 0.0% 40.4% 39.0% 0.0% 53.9% 49.9% +0.0%* Average allocated capital 3,932 3,831 +0.0%* 2,208 2,161 +0.0%* 6,140 5,992 +0.0%* RONE 11.9% 14.7% 0.0% 7.1% 9.2% 0.0% 10.2% 12.7% 0.0%
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66Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026*At constantperimeter and exchangerates Mobility, International Retail Banking and Financial Services Mobility and Financial Services – 9M 26 results Ayvens Consumer Finance Total Mobility and Financial Services In EURm 9M 26 9M 25 Change 9M 26 9M 25 Change 9M 26 9M 25 Change Net banking income 2,295 2,496 -8.0%* 753 703 +3.5%* 3,048 3,268 -5.4%* Operating expenses (1,300) (1,400) -7.1%* (307) (292) -0.3%* (1,607) (1,743) -6.1%* Gross operating income 995 1,096 -9.1%* 445 411 +6.4%* 1,441 1,525 -4.7%* Net cost of risk (66) (86) -23.4%* (241) (193) +23.1%* (307) (284) +9.1%* Operating income 929 1,010 -7.9%* 205 218 -8.3%* 1,134 1,242 -7.8%* Net profits or losses from other assets 11 0 n/s (1) (0) n/s 11 0 n/s Income tax (207) (243) -14.6%* (61) (68) -11.3%* (268) (314) -13.7%* Non-controlling interests 344 379 -8.9%* 10 9 +3.0%* 353 388 -8.7%* Group net income 392 393 -0.4%* 145 150 -5.0%* 537 552 -1.5%* C/I ratio 56.6% 56.1% 40.8% 41.5% 52.7% 53.3% Average allocated capital 3,902 3,835 2,189 2,175 6,091 6,328 RONE 13.4% 13.7% 8.8% 9.2% 11.8% 11.6%
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67Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 *At constantperimeter and exchangerates (1) Customer loans at constant perimeter and exchange rates, net of provisions. Including intercompany and entities reported under IFRS 5 Mobility, International Retail Banking and Financial Services Breakdown of loans and deposits outstanding Breakdown of loans outstanding end of period* (in EURbn)(1) Breakdown of deposits outstanding end of period* (in EURbn) Variation* Q3 26 / Q3 25 Variation* Q3 26 / Q3 25 Consumer Finance Sub-total Mobility and Financial Services: Ayvens (Earning assets) Czech Republic Sub-total International Retail Banking: Romania Africa and other13.5 13.7 10.2 11.4 35.4 38.4 59.1 63.5 52.8 52.8 23.3 23.4 76.1 76.2 135.1 139.7 Q3 25 Q3 26 +7.5%* +11.3%* +8.8%* +1.5%* +0.4%* +0.1%* +3.4%* +0.0%* 16.1 16.5 13.7 14.0 43.3 46.2 73.1 76.7 14.5 15.0 3.5 4.018.0 19.0 Q3 25 Q3 26 +6.6%* +2.1%* +2.6%* +5.6%* +14.3%* +4.9%* +3.5%* Total Mobility, International Retail Banking and Financial Services 91.1 95.7 +5.0*
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68Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 NB: Ranking based on loans outstanding (1) Including the entities sold in 2026, (2) Disposal process underway: Benin (including its branch in Togo) and Ghana Mobility, International Retail Banking and Financial Services Presence in Africa Presence in Africa Disposal processes underway(2) Clients NBI(1) Net income(1) C/I(1) RWA 2.4m EUR 0.9bn EUR 180m 50% EUR 17bn 9M 26 NBI RWA Credits Deposits L/D Ratio Ranking (in EURm) (in EURbn) (in EURbn) (in EURbn) Côte d'Ivoire 313 5.5 3.8 4.3 88% 1st Tunisia 133 2.6 1.9 2.1 90% 8th Algeria 182 3.9 2.0 3.2 61% n.a. Senegal 132 3.2 1.5 2.0 76% 2nd Ghana(2) 57 0.9 0.3 0.5 64% 9th Benin(2) 24 0.6 0.4 0.5 82% 6th
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69Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 (1) Between September 2026 and end-2029, (2) Please refer to 2026 Universal Registration Document, from pages 307 and 308: www.societegenerale.com/sites/default/files/documents/2026-03/universal-registration-document-2026.pdf ESG Ambitions - Quantified Financing Sustainable finance EUR 500 billion to support sustainable finance over the period 2024-2030 with: ~EUR 400bn financing and ~EUR 100bn bonds ~EUR 400bn in environmental activities and ~EUR 100bn in social activities Climate transition, adaptation and nature EUR 1.5bn for emerging leaders of the climate transition and adaptation and nature-based solutions by 2029(1) Reduction of fossil fuel financing(2) Oil & Gas: -80% upstream exposure by 2030 vs. 2019, with an intermediary step of -50% in 2025 achieved Thermal Coal: complete phase-out by 2030 for EU and OECD countries, by 2040 for the rest of the world Decarbonisation of financing portfolios(2) Oil & Gas: -70% absolute carbon emissions by 2030 vs. 2019 Power: -43% carbon emission intensity by 2030 vs. 2019 Automotive: -51% carbon emission intensity by 2030 vs. 2021 Steel: alignment score target of 0 by 2030 Cement: -20% carbon emission intensity by 2030 vs. 2022 Commercial Real Estate: -63% carbon emission intensity by 2030 vs. 2022 Aluminium: -25% carbon emission intensity by 2030 vs. 2022 Shipping: -43% carbon emission intensity by 2030 vs. 2022 Aviation: -18% carbon emission intensity by 2030 vs. 2019 Investing Insurance Equity, corporate bonds and held real estate portfolios : -65% carbon footprint by 2030 vs. 2018 Triple climate-oriented assets between 2020 and 2030 Mobility Emissions reduction Ayvens: -50% in scope 1 & 2 emissions by 2030 vs. 2019, -30% in scope 3 emissions by 2030 vs. 2019 Own account Group’s carbon footprint Cut own account CO2 emissions by 50% by 2030 vs. 2019 Human Resources Representation of women 35% of women in senior leadership positions (Top 250) at Group level and 40% in France by 2029 Talents’ visibility and leadership development ~2,000 talents to join Group leadership training by 2029
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70Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026NB : Ratings represent those allocated at annual reviews or in the event of significant methodology change of the agency External recognition of our ESG expertise AGENCIES SCOREWORST BEST AWARDS Best Investment Bank for Sustainable Financing for the 5th consecutive year by Global Finance 2026 World's Best Bank for ESG by Euromoney Awards for Excellence 2025 World’s Best Bank for Sustainable Finance & World’s Best Bank for Infrastructure & Project Finance for the 4th consecutive year by Global Finance 2026 AAACCC AAB BB BBB A SG Sector average 1000 36 50 69 SG Sector average A+D- PrimeD+D C- C C+ SG Sector average 060+ 40 Sector average SG 3050 20 Low Risk 13.2 AD- C-D C B- SG Sector average B A- Global ESG Project Finance House of the Year by The Asset 2026
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71Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 Methodology (1/2) 1 – Net banking income The pillars’ net banking income is defined on page 42 of Societe Generale’s 2026 Universal Registration Document. The terms “Revenues” or “Net Banking Income” are used interchangeably. They provide a normalised measure of each pillar’s net banking income taking into account the normative capital mobilised for its activity. Starting from Q3 26, the Group has updated the accounting treatment of Boursobank's customer acquisition costs and referral bonuses, which are now recognised in profit or loss over their expected recovery period of these premiums, in accordance with IFRS 15. 2 – Operating expenses Operating expenses are defined on page 42 of Societe Generale’s 2026 Universal Registration Document. The term “costs” is also used to refer to Operating expenses. The cost-to-income ratio is defined on page 42 of Societe Generale’s 2026 Universal Registration Document. 3 – Constant perimeter and exchange rates In this presentation, figures have been restated of closed disposals and exchanges rates. Bernstein US activities consolidation is not part of this restatement. 4 – Cost of risk in basis points, coverage ratio for non-performing loans The cost of risk is defined on pages 43 and 709 of Societe Generale’s 2026 Universal Registration Document. The term “net cost of risk” is also used to refer to cost of risk. This measure makes it possible to assess the level of risk of each of the pillars as a percentage of balance sheet loan commitments, including operating leases. The gross coverage ratio for non-performing loans or “doubtful outstandings” is calculated as the ratio of provisions recognised in respect of the credit risk to gross outstandings identified as in default within the meaning of the regulations, without taking account of any guarantees provided. This coverage ratio measures the maximum residual risk associated with outstandings in default (“non-performing”). 5 – ROE, RONE, ROTE The notion of ROE (Return On Equity) and ROTE (Return On Tangible Equity), as well as the methodology for calculating it, are specified on pages 43 and 44 of Societe Generale’s 2026 Universal Registration Document. This measure makes it possible to assess return on equity and Societe Generale’s return on tangible equity. RONE (Return on Normative Equity) determines the return on average normative equity allocated to the Group’s businesses, according to the principles presented on page 44 of Societe Generale’s 2026 Universal Registration Document. Since Q1 25 results with historical data restated, normative return to businesses is based on a 13% capital allocation. As regards to the Corporate Centre, its average normative equity is calculated as the difference between total Group average equity and average equity allocated to the core businesses. The Q1 25 allocated equity includes the regulatory impacts related to Basel IV, applicable since 1 January 2025. The net result by the Group retained for the numerator of the ratio is the net profit attributable to the accounting Group adjusted by the interest paid and payable to holders of deeply subordinated notes and undated subordinated notes and issue premium amortization. For ROTE, income is also restated from goodwill impairment. 6 – Net asset value and net tangible asset value are defined in the methodology, page 45 of the Group’s 2026 Universal Registration Document. 7 – Calculation of Earnings Per Share (EPS) The EPS published by Societe Generale is calculated according to the rules defined by the IAS 33 standard (see page 44 of Societe Generale’s 2026 Universal Registration Document). The corrections made to Group net income in order to calculate EPS correspond to the restatements carried out for the calculation of ROE and ROTE.
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72Q3 AND 9M 26 RESULTS I 29 OCTOBER 2026 Note: The sum of values contained in the tables and analyses may differ slightly from the total reported due to rounding rules. All the information on the results for the period (notably: press release, downloadable data, presentation slides and supplement) is available on Societe Generale’s website www.societegenerale.com in the “Investor” section Methodology (2/2) 8 – Solvency and leverage ratios are calculated in accordance with applicable CRR3/CRD6 rules transposing the final Basel III text, also called Basel IV, including the procedures provided by the regulation for the calculation of phased-in and fully loaded ratios. The solvency ratios and leverage ratio are presented on a pro forma basis for the current year’s accrued results, net of dividends, unless otherwise stated. 9 – The liquid asset buffer or liquidity reserve includes 1/ central bank cash and deposits recognised for the calculation of the numerator of the LCR ratio, 2/ liquid assets rapidly tradable in the market (High Quality Liquid Assets or HQLA), unencumbered net of haircuts, as included in the numerator of the LCR ratio and 3/ central bank eligible assets, unencumbered net of haircuts. 10 – The “Long Term Funding” outstanding is based on the Group financial statements adjusted by the following items for a more economic reading: interbank liabilities and debt securities issued with a maturity above one year at inception. Issues placed in the Group’s Retail Banking network (recorded in medium/long-term financing) are removed from the total of debt securities issued. 11 - Funded balance sheet, loan/deposit ratio The funded balance sheet is based on the Group financial statements. It is obtained in two steps: - A first step aiming at reclassifying the items of the financial statements into aggregates allowing for a more economic reading of the balance sheet. Main reclassifications: Insurance: grouping of the accounting items related to insurance within a single aggregate in both assets and liabilities. Customer loans: include outstanding loans with customers (net of provisions and write-downs, including net lease financing outstanding and transactions at fair value through profit and loss); excludes financial assets reclassified under loans and receivables in accordance with the conditions stipulated by IFRS 9 (these positions have been reclassified in their original lines). Wholesale funding: Includes interbank liabilities and debt securities issued. Financing transactions have been allocated to medium/long-term resources and short-term resources based on the maturity of outstanding, more or less than one year. Reclassification under customer deposits of the share of issues placed by French Retail Banking networks (recorded in medium/long-term financing), and certain transactions carried out with counterparties equivalent to customer deposits (previously included in short term financing). Deduction from customer deposits and reintegration into short-term financing of certain transactions equivalent to market resources. - A second step aiming at excluding the contribution of insurance subsidiaries, and netting into “other items” derivatives, repurchase agreements, securities borrowing/lending and other assets and liabilities. The Group loan/deposit ratio is determined as the division of the customer loans by customer deposits as presented in the funded balance sheet.