Groupe BPCE is positioned well above the prudential capital requirements applicable in 2027 as laid down by the European Central Bank

The Common Equity Tier 1 (CET1) requirement applicable to Groupe BPCE on a consolidated basis decreases at 10.49% as of January 1st, 2027, including:

• 1.61% with respect to the Pillar 2 requirement or P2R,

• 2.5% with respect to the capital conservation buffer,

• 1.0% with respect to the capital buffer for global systemically important banks (G-SIBs),

• 0.88% with respect to the countercyclical buffers.


The Total Capital requirement is also decreasing at 14.53% including 2.15% of P2R.

With ratios as of June 30th, 2026, of 15.5% for its CET1 ratio and 18,4% for its Total Capital ratio, Groupe BPCE is positioned well above the prudential capital requirements due to be applied as of January 1st, 2027.

The ECB also set Natixis' prudential capital requirements. Including 0.63% of countercyclical buffers, Natixis’ CET1 ratio requirement is set at 8.81% on 1st January 2027, based on a Pillar 2 requirement stable at 2.10% (of which 1.18% in CET1). With a fully loaded CET1 ratio of 11.6% as of June 30th, 2026, Natixis is also well above these regulatory requirements. Leverage ratio requirement will be set at 3.25% as of January 1st, 2027.

The ECB set Novo Banco’s 2027 Pillar 2 Requirement (P2R) at 2.35%, down 15bps, resulting in an overall CET1 requirement of 9.87% as of 1 January 2027. With a CET1 ratio of 19.2% as of 30 June 2026, Novo Banco remains well above its regulatory requirement.