Investor Presentaiton

4Q21 - DM - BNL banca commerciale 4Q21 4Q20 4Q21 / 3Q21 4Q21 / 2021 2020 2021 / €m 4Q20 3Q21 2020 Revenues 668 694 -3.8% 667 +0.2% 2,680 2,671 +0.3% Operating Expenses and Dep. -438 -434 +1.0% -449 -2.4% -1,781 -1,746 +2.0% Gross Operating Income 230 260 -11.7% 218 +5.5% 899 925 -2.8% Cost of Risk -143 -161 -11.6% -130 +9.6% -487 -525 -7.2% Operating Income 87 99 -11.9% 88 -0.6% 412 400 +3.0% Non Operating Items 0 0 n.s. 0 n.s. 0 -2 n.s. Pre-Tax Income 87 99 -11.8% 88 -0.5% 412 398 +3.5% Income Attributable to Wealth and Asset Management -9 -9 -0.9% -8 +18.2% -36 -35 +2.0% Pre-Tax Income of BNL bc Cost/Income 78 65.6% 90 -12.9% 80 -2.3% 376 363 +3.7% 62.5% +3.1 pt 67.3% -1.7 pt 66.4% 65.4% +1.0 pt Allocated Equity (bn) 5.3 5.3 +0.2% Including 100% of Private Banking in Italy for the Revenues to Pre-Tax Income line items Revenues: -3.8% vs. 4Q20 • Net interest income: -10.7%, impact of the low-interest-rate environment partly offset by higher loan volumes Fees: +6.5%; increase driven mainly by the expansion in transaction activity and financial savings Operating expenses: +1.0% vs. 4Q20; increase driven mainly by targeted initiatives, partly offset by the impact of adaptation measures (the "Quota 100” retirement plan) Pre-tax income: -12.9% vs. 4Q20 BNP PARIBAS The bank for a changing world 2021 Full Year Results | 67

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