Groupama’s 2022 Half-Year Results

Premium income of €10.6 billion, up +5.5%

• Strong growth in property and casualty insurance (+8.6%), driven by the good performance of international subsidiaries (+33.2%), particularly in Romania
• Growth in property and casualty insurance (+2.4%) both in France (+2.3%) and abroad (+3.7%)

Economic operating income of €284 million, up +7.6%

• Economic operating income up, in a complex environment with a high number of weather-related claims in France, accelerating inflation, and rising bond yields
• Non-life combined ratio of 96.9%
• Net income of €232 million, in line with our targets

Solvency ratio with transitional measure of 301%

• A solvency ratio of 215% without transitional measure on technical reserves
• IFRS shareholders’ equity of €8.3 billion