2022 Full Year Results

IPS - Wealth & Asset Management - 4Q22 €m Wealth and Asset Management Revenues 4Q22 4Q21 4Q22/ 3Q22 4Q22 / 2022 2021 2022 / 4Q21 3Q22 2021 1,057 984 +7.4% 974 +8.5% 3,896 3,649 +6.8% Operating Expenses and Dep. -771 -754 +2.2% -696 +10.7% -2,806 -2,682 +4.6% Gross Operating Income 287 230 +24.5% 278 +3.1% 1,091 967 +12.8% Cost of Risk 14 8 +89.2% 2 n.s. 5 -6 n.s. Operating Income 301 238 +26.5% 280 +7.4% 1,095 962 +13.9% Share of Earnings of Equity-Method Entities 29 28 +4.4% 11 n.s. 74 72 +3.0% Other Non Operating Items -2 0 n.s. 40 n.s. 75 98 -23.0% Pre-Tax Income 328 265 +23.7% 331 -0.8% 1,244 1,131 +10.0% 72.9% 76.6% -3.7 pt 71.4% +1.5 pt 72.0% 73.5% -1.5 pt 2.9 2.6 +12.5% Cost/Income Allocated Equity (Ebn, year to date) Revenues: +7.4% vs. 4Q21 Very good performance by Wealth Management, driven by strong growth in interest income Impact of the unfavourable market environment on Asset Management revenues Very strong growth at Principal Investments Lower performance in Real Estate and Advisory in particular Operating expenses: +2.2% vs. 4Q21 • Very positive jaws effect (+5.2 pts) Decrease in Asset Management costs Pre-tax income: +23.7% vs. 4Q21 BNP PARIBAS The bank for a changing world 2022 Full Year Results | 86

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