2nd Quarter and 1st Half 2022 Results
FOCUS ON EXPOSURES
Corporate portfolio breakdown
Corporate EAD(1) in each sector in % of total group EAD
at 30.06.2022
Total group EAD: EUR 1,118bn
Finance & Insurance
Real Estate
3.6%
Business services
3.2%
Wholesale trade
3.1%
Collective services
2.7%
Transport & logistics
2.4%
Oil and gas
1.9%
Retail trade
1.5%
Food & agriculture
1.3%
Machinery and equipment
1.1%
Metals, minerals
1.1%
Telecoms
1.0%
Construction
1.0%
Automobiles
1.0%
Others
0.9%
Consumer goods
0.7%
Chemicals, rubber, plastics
0.6%
Hotels & Catering
0.6%
Shipping, aircraft and railway building
0.5%
Health, social action
■ 0.4%
7.3%
Exposure to sensitive sectors
POWER UTILITIES IN EUROPE: 1.1% of total Group EAD
ACCOMMODATION*: 0.3% of total Group EAD
CATERING*: 0.3% of total Group EAD
AIRLINES: 0.3% of total Group EAD, mostly secured
COMMERCIAL REAL ESTATE: disciplined origination with average LTV ranging between
55% and 60% and limited exposure on Retail Assets (15%)
DIRECT GROUP LBO EXPOSURE: EUR~6bn
SME REPRESENT ~5% OF TOTAL GROUP EAD (mostly in France)
(*) As per the decree n° 2020-1770 published in France on 30.12.2020 (both Corporate and Retail exposure)
Accommodation: hotels, campsites, holiday homes, resorts, holiday centers, etc.
Catering: restaurants, cafes, collective catering, etc.
(1) 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 account of the substitution effect. Total
credit risk (debtor, issuer and replacement risk). Corporate EAD: EUR 399bn
SOCIETE
GENERALE
2ND QUARTER AND 1ST HALF 2022 RESULTS 13 AUGUST 2022
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