CNP Assurances - Investor Presentation

2019 OPERATING FREE CASH FLOW 2019 (2018) (Єm) CNP Assurances - Investor Presentation - March 2020 543 (470) -641 (-431) 1,448 (1,422) 1,350 (1,462) Résultat opérationnel MCEV Libération du capital requis du stock Capital requis au titre Operating Free Cash Flow net du New Business Operating profit up 1.8% at €1,448m Operating free cash flow down 7.6% at €1,350m, reflecting cost of capital in low interest rate environment 20 20

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