Investor Presentaiton

1. Overview of Bpifrance Solvency & Liquidity Bpifrance has a strong capital level and liquidity position > Strong solvency Capital levels are significantly above Piliar 2 requirements: TSCR¹: 9,5% OCR²: 12,0% Bpifrance SA level (future bond issuer structure) Solvency ratio as at 30.06.2020 29% Bpifrance Financement level (today's bond issuer structure) Leverage Ratio as at 30.06.2020 19,4% 14% 29% 4,1% Bpifrance is in the top-20% of highest capital level of European Banks³ CET 1 12% Bpifrance Financement Bpifrance SA Bpifrance Financement Bpifrance SA Leverage ratio maintened largely over the 3% requirement level imposed by the Basel Committee > Prudent gestion of liquidity Liquidity Ratio as at 30.06.2020 LCR and NSFR are largely above 100% level requirements 1 605% 1 553% Liquidity reserve 4 of € 19,3 bn: €12,3 bn immediately available €7,0 bn available within 1 month bpifrance LCR 133% 127% NSFR €bn Liquidity reserve as at end of June 2020 Cash ECB Deposits High Quality Liquid Assets 1 7,0 €bn 19,3 Other ECB eligible assets & assets 8,2 available within 1 month 1. Total SREP Capital Requirement (minimum CET 1 ratio) / 2. Overall Capital Requirement (minimum solvency ratio) / 3 Bpifrance's estimations based on EBA 2017 report on CET1 level of EU institutions / 4. Unencumbered, net of haircuts 10

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