Société Générale — Capital/Financing Update 2015

Dec 22, 2015

Paris, December 22nd 2015

SOCIETE GENERALE DISCLOSES PRUDENTIAL CAPITAL REQUIREMENTS EQUIREMENTS

Under Pillar 2, following the results of the Supervisory Review and Evaluation Process (SREP) performed by the European Central Bank (ECB), Societe Generale is required to meet on a consolidated basis a transitional Common Equity Tier 1 (CET1) ratio of 9.5 The G-SIB buffer required by the Financial Stability Board (FSB) to be applied on top of this SREP ratio is equal to 0.25% for Societe Generale from annum thereafter, ultimately reaching 1% in 2019. The prudential capital requirement of Societe Generale is therefore 9.75% as of January 1 9.5% 1 as of January 1 SIB % January 1st 2016 and will be increased by 0.25% per st 2016. st 2016.

As of September 30th 2015, Societe Generale's transitional CET1 ratio on a consolidated basis was equal to 11.1% (pro forma for curren additional 24 basis points from the disposal of the Group's stake in Amundi 2015. Therefore, Societe Generale's capital position and deferred tax assets, and a limited benefit from the Danish compromise (ar is comfortably above the minimum restriction or limitation in dividend payout, coupons or variable compensation of the relevant staff. current earnings, net of dividends), which does not take into account in the fourth quarter of position is very solid, with the total deduction of goodwill (around 15 b omfortably regulatory requirements and as such does not trigger any an ound basis points). It

Going forward, the Group will keep up its policy of progressively and steadily ratio, with the aim of maintaining requirements resulting from Basel rules. strengthening its CET 1 ing a 100-150 basis points management buffer ab above the regulatory

1 Including capital conservation buffer

PRESS RELATIONS

LAETITIA MAUREL +33(0)1 42 13 88 68 Laetitia.a.maurel@socgen.com NATHALIE BOSCHAT +33(0)1 42 14 83 21 Nathalie.boschat@socgen.com Nathalie.boschat@socgen.com .lheritier@socgen.com

+33(0)1 42 13 68 99 Antoine.lheritier@socgen.com

ANTOINE LHERITIER

ASTRID FOULD-BACQUART +33(0)1 56 37 67 95 Astrid.Fould-Bacquart@socgen.com

@societegenerale

SOCIETE GENERALE COMM/PRS 75886 PARIS CEDEX 18 SOCIETEGENERALE.COM

A FRENCH CORPORATION WITH SHARE CAPITAL OF EUR 1 007 625 077 552 120 222 RCS PARIS OF 077,50

Societe Generale

Societe Generale is one of the largest European financial services groups. Based on a diversified universal banking model, the Group combines financial solidity with a strategy of sustainable growth, and aims to be the reference for relationship banking, r chosen for the quality and commitment of its teams. recognised on its markets, close to clients, ecognised 148,000

Societe Generale has been playing a vital role in the economy for 150 years. With more than 1 employees, based in 76 countries, we accompany 3 basis. Societe Generale's teams offer advice and services to individual, corporate and institutional customers in three core businesses: 30 million clients throughout the world on a daily

• Retail banking in France Boursorama, offering a comprehensive range of multichannel financial services on the leading edge of digital innovation; with the Societe Generale branch network, Cr Credit du Nord and
• International retail banking, financial services and insurance economies and leading specialised businesses; with a presence in emerging cialised businesses;
• Corporate and investment banking, private banking, asset management and securities services, with recognised expertise, top international rankings and integrated solutions.

Societe Generale is included in the main socially responsi Europe), FTSE4Good (Global and Europe), Euronext Vigeo (Global, Europe, Eurozone and France), ESI Excellence (Europe) from Ethibel and 4 of the STOXX ESG Leaders indices. responsible investment indices: DJSI (World and ble

For more information, you can follow us on twitter www.societegenerale.com. @societegenerale or visit our website