2023 Integrated Report

Net earnings per share⁽⁴⁾ (in euros)

2021: 7.26
2022: 7.80
2023: 9.21

Net dividend per share (in euros)

2021: 3.67
2022: 3.90
2023: 4.60⁽⁶⁾

Common Equity Tier 1⁽⁵⁾ (CET1) ratio

2023: 13.2%
2022: 12.3%
2021: 12.9%

Short-term / long-term ratings

Standard & Poor’s Stable outlook 24 April 2023	A-1 / A+
Fitch Stable outlook 3 July 2023	F1+ / AA-
Moody’s Stable outlook 15 February 2024	P-1 / Aa3
DBRS Stable outlook 21 June 2023	R-1 (Middle) /AA (Low)

(1) €10,196m, inc. Bank of the West. (2) Based on the distributable income used as the basis for the calculation of the 2023 distribution and reflecting the Group’s intrinsic performance after the impact of the disposal of Bank of the West and after the contribution to the creation of the Single Resolution Fund (SRF) excluding extraordinary items - Changes calculated on this basis. (3) Including IFRS 17 and 9 impacts. (4) Earnings per share for 2023, calculated on the basis of 2023 distributable income and the number of shares outstanding at the end of the period (€8.79 based on the average number of shares). (5) Common Equity Tier 1 (CET1), fully loaded Basel 3. Solvency ratio. Capital Requirements Directive (CRD 5); including IFRS 9 transitional arrangements. (6) Subject to the approval of the Annual General Meeting of 14 May 2024 (for the dividend) and not taking the €1.055bn share buyback programme, launched on 4 March 2024, into account.

2023 Integrated Report

2. Ambitions

Net earnings per share(4) (in euros)

Net dividend per share (in euros)

Common Equity Tier 1(5) (CET1) ratio

Short-term / long-term ratings

Net earnings per share⁽⁴⁾ (in euros)

Common Equity Tier 1⁽⁵⁾ (CET1) ratio