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Investor Presentaiton

DM - BNL banca commerciale - 2021 Good business drive Growth in business activity Loans: +1.5% vs. 2020, +3.7% when excluding non-performing loans; improved market shares across all customer segments Deposits: +12.3% vs. 2020, growth across all customer segments Market share on the corporate segment (loans)1 6.6% 5.6% 5.8% 6.0% Card payments: strong increase among individual customers in transaction numbers (+31% vs. 2020) and in volumes (+19% vs. 2020) Strong momentum in fee growth, financial fees in particular Growth in off-balance sheet savings: +10.0% vs. 31.12.20, strong increase in mutual fund outstandings (+14.1% vs. 31.12.20) and continued increase in life insurance outstandings (+7.3% vs. 31.12.20) Private banking: very good net asset inflows of €2.2bn Revenues²: €2,680m (+0.3% vs. 2020) Net interest income: -4.9%, impact of the low-interest-rate environment partly offset by higher loan volumes Fees: +8.3%, strong increase in all fees Operating expenses²: €1,781m (+2.0% vs. 2020) Increase driven mainly by the rise in taxes subject to IFRIC 21 and the economic recovery Ongoing effect of adaptation measures (the "Quota 100" retirement plan) 4Q18 4Q19 4Q20 4Q21 Off-balance sheet savings (Life insurance and mutual funds) +10.0% 39.8 43.8 31.12.20 31.12.21 €bn Pre-tax income³: €376m (+3.7% vs. 2020) 1. Source: Italian Banking Association, 4Q21 based on information available as of the end of November; 2. Including 100% of Italian Private Banking; 3. Including 2/3 of Italian Private Banking BNP PARIBAS The bank for a changing world 2021 Full Year Results | 19
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