Nine Months 2015 Activity Indicators

• Total revenue increased by 9% on a reported basis, benefiting from a positive Forex impact

On a comparable basis (at constant Forex):

• Total revenues increased by 2% to Euro 76.0 billion, with growth across all business lines
• Life & Savings APE up 8% to Euro 5.6 billion; NBV up 2% to Euro 1.8 billion; Net flows of Euro +9.2 billion
• Property & Casualty revenues up 1% to Euro 24.8 billion, driven by growth in personal lines
• Asset Management revenues up 5% to Euro 2.9 billion, with net inflows of Euro +32.1 billion