Société Générale — M&A Activity 2015

Jun 18, 2015

Paris, June 18th, 2015

SOCIETE GENERALE ANNOUNCES THE ACQUISITION OF CAIXABANK'S ENTIRE SHAREHOLDING IN BOURSORAMA AND THE SIGNING OF THE ACQUISITION OF CAIXABANK'S ENTIRE SHAREHOLDING IN SELFTRADE BANK BY BOURSORAMA

Société Générale Group announces the acquisition of the entire stake of CaixaBank in Boursorama, representing 20.5% of the share capital and of the voting rights. The price paid by Société Générale Group will be the same than the one offered to minority shareholders during last year's simplified takeover offer and squeeze out procedure (retrait obligatoire), meaning €12 per share.

This transaction ends the partnership between Société Générale Group and CaixaBank which began in 2006 after the sale of CaixaBank France to Boursorama by CaixaBank. Therefore, the shareholders agreement signed in May 2006 and renegotiated in March 2014 by both institutions also terminates.

Following this acquisition, Société Générale Group will remain the sole shareholder of Boursorama with 100% of the share capital and of the voting rights. The strengthening of Société Générale Group in the capital of Boursorama, the leading online bank in France, is part of the Group's strategy to pursue its development in online banking. The operational set-up of Boursorama will remain unchanged following the transaction.

Société Générale Group also announces the signing of the acquisition by Boursorama of the whole stake of CaixaBank in SelfTrade Bank, their common Joint Venture in Spain, representing 49% of the share capital. This transaction will also terminate the joint venture and the shareholders agreements signed in July 2008 by Boursorama and CaixaBank. Its closing will take place once the necessary administrative authorizations are obtained. The operational set-up of SelfTrade Bank will remain unchanged following the transaction.

These transactions will have a non-significant negative impact, below 5bps, on Société Générale Group fully loaded CET1 ratio.

PRESS RELATIONS

NATHALIE BOSCHAT +33(0)1 42 14 83 21 Nathalie.boschat@socgen.com

ASTRID FOULD-BACQUART +33(0)1 56 37 67 95 Astrid.Fould-Bacquart@socgen.com SOCIETE GENERALE COMM/PRS 75886 PARIS CEDEX 18 SOCIETEGENERALE.COM

LAETITIA MAUREL +33(0)1 42 13 88 68 Laetitia.a.maurel@socgen.com

ANTOINE LHERITIER +33(0)1 42 13 68 99 Antoine.lheritier@socgen.com A FRENCH CORPORATION WITH SHARE CAPITAL OF EUR 1 007 625 077,50 552 120 222 RCS PARIS

@societegenerale

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, recognised on its markets, close to clients, chosen for the quality and commitment of its teams.

Societe Generale has been playing a vital role in the economy for 150 years. With more than 148,000 employees, based in 76 countries, we accompany 30 million clients throughout the world on a daily basis. Societe Generale's teams offer advice and services to individual, corporate and institutional customers in three core businesses:

• Retail banking in France with the Societe Generale branch network, Credit du Nord and Boursorama, offering a comprehensive range of multichannel financial services on the leading edge of digital innovation;
• International retail banking, financial services and insurance with a presence in emerging economies and leading specialised 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 responsible investment indices: FTSE4Good (Global and Europe), Euronext Vigeo (Global, Europe, Eurozone and France), ESI Excellence (Europe) from Ethibel and 4 of the STOXX ESG Leaders indices.

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