Results at September 30th 2019

SUBSTANTIAL INCREASE IN THE CAPITAL RATIO (CET1 AT 12.5%)

- Increase in CET1 of 46 basis points to 12.5% vs. June 30th, 2019, nearly 250 basis points above regulatory
requirements (Maximum Distributable Amount). The Tier 1 ratio stands at 15.2%
- Organic capital generation amounting to 28 basis points in 9M 19, including a dividend provision of
EUR 1.65 per share (corresponding to 75% of EUR 2.20 per share)
- Target of reducing Global Banking & Investor Solutions’ risk-weighted assets by EUR 10 billion achieved
- Finalisation of the disposals of Societe Generale Serbia, Societe Generale Montenegro and Mobiasbanca
Societe Generale for an impact of +10bp in Q3 19, taking the cumulative impact of the finalised disposals
to +38bp
- Increase in the leverage ratio to 4.4%
- Tangible net asset value up 7.9% vs. September 30th, 2018 (tangible net asset value per share: +1.9%)

SATISFACTORY PROGRESS IN THE ADAPTATION OF THE BUSINESSES AND THE BUSINESS MODEL, RESILIENT PROFITABILITY (ROTE(1) OF 8.1% in 9M 19)

- Good level of profitability in French Retail Banking and International Retail Banking & Financial Services,
within the target of 2020 objectives
- Execution of Global Banking & Investor Solutions’ restructuring plan in line with objectives: increase in
Structured Financing revenues, decline in Global Markets’ revenues incorporating the effects of business
closures
- Further decline in the Group’s underlying operating expenses: -1.3%(1) in Q3 19 vs. Q3 18, -1.2%(1) in 9M 19
vs. 9M 18, with in particular an excellent performance in Global Banking & Investor Solutions (-3.1%(2) in
9M 19 vs. 9M 18)
- Cost of risk contained at 24 basis points in 9M 19 (26 basis points in Q3 19)
- Underlying Group net income of EUR 855m in Q3 19 and EUR 3,183m in 9M 19

SOCIETE GENERALE CONFIRMED AS A LEADING BANK IN COMBATING CLIMATE CHANGE

- No. 1 bank globally on Environmental issues and No. 6 across all CSR criteria (2019 RobecoSAM ranking)
- New objective for Societe Generale’s contribution to the financing of the energy transition of
EUR 120 billion between 2019 and 2023