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Investor Presentaiton

SPO of LBP's GSS Bond Framework ... ... including assessment of LBP's EU Taxonomy alignment evaluation process The Framework has obtained the SQS2-Very Good rating by the Second Party Opinion (SPO), MIS According MIS, the Framework is aligned with the best market practices for the four main components of the ICMA Green and Social Principles La Banque Postale Second Party Opinion - Green, Social and Sustainability Bond Framework Assigned SQS2 Sustainability Quality Score Summary We have assigned an SQS2 Sustainability Quality Score (very good) to La Banque Postale's (LBP) green, social and sustainability bond framework dated 7 July 2023. LBP has established its use-of-proceeds framework to finance projects across 10 eligible categories, of which five are green and five are social. LBP has described the main characteristics of the sustainability bonds within a formalized bond framework that is aligned with the International Capital Market Association's (ICMA) Green Bond Principles (GBP) 2021 (including June 2022, Appendix 1), Social Bond Principles 2023 and Sustainability Bond Guidelines 2021. The company has also incorporated recommended practices under these principles and identified best practices for all four components. The framework also demonstrates a significant contribution to sustainability. In addition, we consider that the 16 eligible subcategories falling under specified EU taxonomy economic activities within three eligible categories and Located in France adhere to all the EU taxonomy criteria based on the information provided by the entity, as detailed in Appendix 3. Sustainability quality score SQS2 Alignment with principles USE OF PROCEEDS Overall alignment Not aligned FACTORS SQS5 Weak SQS4 SQS3 Intermediate Good SQS2 Very good SQS1 Excellent Contribution to sustainability Overall contribution Partially aligned Aligned Best Poor practices Use of proceeds Evaluation and selection. Management of proceed Reporting ALIGNMENT Limited Moderate Significant Hight Expected impact Relevance and magnitude ADJUSTMENTS ESG risk management Coherence Nu adjustment No adjustment MOODY'S INVESTORS SERVICE ZOOM ON EU TAXONOMY ASSESSMENT 7. Moody's considers that the 16 eligible subcategories falling under specified EU taxonomy economic activities within three eligible categories adhere to all the EU taxonomy criteria A portion of eligible investments have been assessed: assets located in France, and assets falling under specified taxonomy activities within: Green buildings Renewable energy Clean transportation 1. Slides in Appendices The framework demonstrates a significant contribution to sustainability " INVESTOR PRESENTATION - SEPTEMBER 2023 LA BANQUE POSTALE
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