CNP Assurances

Capital/Financing Update • Oct 6, 2021

Press Release

Paris, October 6 2021

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Successful €500m Tier 2 notes issue

CNP Assurances has successfully placed €500 million worth of notes due 12 October 2053 and paying interest at 1.875% until 12 October 2033. The notes qualify as Tier 2 capital under Solvency II.

The notes were placed with over 55 investors, 51% of whom were asset managers and 45% insurers and pension funds, mainly based in France, Germany/Austria and the UK/Ireland. The issue was oversubscribed by 1.8x with a total order book of €0.9 million, reflecting their confidence in the financial strength of CNP Assurances.

The issue ensures that the Group has the funds in place for its upcoming debt maturities and it also contributes to optimising the balance sheet structure.

The notes are rated BBB+ by Standard & Poor's and BBB+ by Fitch..

Settlement is scheduled for October 12 2021.The final terms of the issue have been published on the Company's website, www.cnp.fr and on the Autorité des Marchés Financiers' website, www.amf-france.org.

About CNP Assurances

A be nchmark player i n the French personal insurance market, CNP Assurances is active i n 19 countries i n Europe and Latin Ame rica, with a significant presence i n Brazil, its second largest market. Acting as an i nsurer, co-insurer and reinsurer, CNP Assurances de velops i nno vative pe rsonal ri sk/protection and savi ngs/pensions so lutions. It has mo re than 36 million pe rsonal ri sk/protection i nsureds wo rldwide and mo re than 12 mi llion savi ngs/pensions po licyholders. In li ne with its busi ness mo del, the Group's so lutions are di stributed by multiple partners. The so lutions are aligned with e ach partner's physi cal or digital distribution model, while also being tailored to local clients' needs in each country.

C NP Assurances has been listed on the Paris Bourse since October 1998 and is a subsidiary of La Banque Postale. The Group re ported net profit of €1,350 million in 2020.

Press contacts			Investors and analysts
Florence de Montmarin	+33 (0)1 42 18 86 51	Céline BYL	+33 (0)1 42 18 77 95
Tamara Bernard	+33 (0)1 42 18 86 19	Typhaine Lissot	+33 (0)1 42 18 83 66
Caroline Ceintrey	+33 (0)1 42 18 85 73	Julien Rouch	+33 (0)1 42 18 94 93
servicepresse@cnp.fr		infofi@cnp.fr
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