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Investor Presentaiton

Investment & Protection Services - 2025 Strategic plan GTS Foster growth across Business Lines, through enhanced solutions 2025 to clients & distributors 3 strategic pillars to strengthen positions and capture new growth Accelerate in Financial Savings Capture growth in Private Assets . From a transactional approach to a holistic & systematic support of client needs "Best of breed" between strong human relationships and digital processes & channels A transversal franchise leveraging on BNPP1 expertise & assets & meeting investors needs 2025 targets³ Revenues: CAGR 21-25 +4.5% WAM4 Insurance CAGR: ~+2.0% CAGR: -+6.0% Strengthen leadership in Sustainability Build differentiated product and service capabilities to support clients in their ambitions 2021 • Further integrate ESG2 approaches 4 key levers to unleash the full potential of the integrated model and platforms Make the most of Integrated model Move to the next level in digitalisation, Data & Al 2025 Sustained growth in Assets Under Management CAGR 21-25: ~+6% Average jaws effect 21-255 RONE growth6 21-25 >+6.5 pts ~+1.5 pts Keep deploying New ways of working * Keep optimizing Operating model • Convergence of Insurance PBT under IFRS 4 & IFRS 17 in 2025 1. Leveraging particularly Principal Investments integrated in the IPS scope; 2. Environmental, Social and Governance; 3. Excluding Bank of the West; 4. Wealth Management, Asset Management, Real Estate, Principal Investment; 5.CAGR 21-25 on revenues minus CAGR 21-25 on Operating Expenses; 6. Return on notional Equity, Basel 3 (CRR2) fully loaded BNP PARIBAS The bank for a changing world 2021 Full Year Results | 44
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