Investor Presentaiton

4Q21 - IFS - Insurance 4Q21 4Q20 4Q21 / 3Q21 4Q21 / 2021 2020 2021 / Єm 4Q20 3Q21 2020 Revenues 655 622 +5.4% 613 +6.8% 2,827 2,725 +3.7% Operating Expenses and Dep. -410 -385 +6.6% -376 +9.1% -1,536 -1,463 +5.0% Gross Operating Income 245 237 +3.3% 237 +3.2% 1,291 1,263 +2.2% Cost of Risk -1 0 n.s. 0 +54.7% -1 -1 -4.6% Operating Income 244 237 +3.2% 237 +3.1% 1,289 1,261 +2.2% Share of Earnings of Equity-Method Entities 30 16 +86.1% -2 n.s. 86 90 -5.0% Other Non Operating Items -2 0 n.s. -4 -46.8% -6 31 n.s. Pre-Tax Income 272 253 +7.3% 231 +17.8% 1,368 1,382 -1.0% Cost/Income 62.6% 61.9% +0.7 pt 61.3% +1.3 pt 54.3% 53.7% +0.6 pt Allocated Equity (bn) 9.4 8.6 +8.8% Technical reserves: +8.0% vs. 4Q20 Revenues: +5.4% vs. 4Q20 • Increase driven mainly by the good performance in Protection, in particular in France, offset by the impact of higher claims, and by the high-level contribution of Savings • Favourable impact from the financial result Operating expenses: +6.6% vs. 4Q20, driven by the rebound in activity and by targeted projects Pre-tax income: +7.3% vs. 4Q20 BNP PARIBAS The bank for a changing world 2021 Full Year Results | 83

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