SFIL Annual financial report 2018

Consolidated financial statements in accordance with IFRS I 3 103 Annual Financial Report 2018 SFIL Management report Report on corporate governance Consolidated financial statements in accordance with IFRS Annual financial statements in accordance with French GAAP Shareholders’ Meeting of May 29, 2019 General information Risk of slope between two close points on the rate curve Sum of sensitivities in absolute value EUR millions Limit 3/31/2018 6/30/2018 9/30/2018 12/31/2018 Short term 20 11.5 8.8 10.3 9.2 Medium term 20 4.6 14.4 9.9 10.0 Long term 20 7.9 8.7 13.0 12.9 Very long term 20 10.5 10.8 14.1 13.3 8 - First time application impact of IFRS 9 standard on the balance sheet as of January 1, 2018 RECLASSIFICATIONS Reclassifications IAS 39 12/31/2017 Financial assets available for sale (a) Debt securities assimilated to loans and advances in IAS 39 (b) Loans and advances non SPPI (c) Hedging derivatives of loans and advances non SPPI (d) Net amount after restatment phase 1 ASSETS Central banks 2,560 - - - - 2,560 Loans and advances due from banks at fair value through net income - - - - - - Loans and advances to customers at fair value through net income - - - 7,168 - 7,168 Derivatives at fair value through net income - - - - 6 6 Hedging derivatives 4,715 - - - (6) 4,709 Financial assets available for sale 2,790 (2,790) - - - - Financial assets at fair value through equity - 942 - - - 942 Loans and advances due from banks at amortized cost 295 - - - - 295 Loans and advances to customers at amortized cost 57,014 - (6,422) (7,168) - 43,425 Bonds at amortized cost - 1,848 6,422 - - 8,270 Fair value revaluation of portfolio hedge 2,518 - - - - 2,518 Financial assets held to maturity - - - - - - Current tax assets 14 - - - - 14 Deferred tax assets 64 - - - - 64 Tangible assets 6 - - - - 6 Intangible assets 29 - - - - 29 Other assets 2,427 - - - - 2,427 TOTAL 72,432 - - - - 72,432