BNP Paribas: Presentation to Debt Investors – May 2022

BNP PARIBAS

Strong solvency and financing

May 2022

Warning

The figures included in this presentation are unaudited.

This presentation includes forward-looking statements based on current beliefs and expectations regarding future events. Forward-looking statements include financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations regarding future events, operations, products and services, and statements regarding future performance and synergies. Forward-looking statements are not guarantees of future performance and are subject to inherent risks, uncertainties and assumptions regarding BNP Paribas and its subsidiaries and investments, developments of BNP Paribas and its subsidiaries, banking industry trends, spending investment and future acquisitions, changes in economic conditions. global conditions, including in the context of the Covid-19 pandemic, or in BNP Paribas’ main local markets, competitive market and regulatory factors. These events are uncertain; their outcome may differ from current expectations, which in turn may materially affect expected results. Actual results may differ materially from those projected or implied by these forward-looking statements. Any forward-looking statements contained in this presentation speak as of the date of this presentation. BNP Paribas undertakes no obligation to publicly revise or update any forward-looking statements in light of new information or future events. It should be recalled in this regard that the prudential monitoring and evaluation process is carried out each year by the European Central Bank, which may modify its capital ratio requirements for BNP Paribas each year.

The information contained in this presentation with respect to parties other than BNP Paribas or obtained from external sources has not been independently verified and no express or implied representations or warranties are made as to, and no reliance should be given to, the fairness, accuracy, completeness, or correctness of the information or opinions contained herein. Neither BNP Paribas nor its representatives shall be liable in any manner whatsoever in negligence or otherwise for any loss arising out of any use of this presentation or its contents or otherwise arising out of this presentation or any other information or material discussed.

The sum of the values ​​contained in the tables and analyzes may differ slightly from the declared total due to rounding.

Photo credits (cover page): Adobe Stock © Yakobchuk Olena, Adobe Stock © Maria_Savenko , © 2020 BNP Paribas / Sébastien Millier, Adobe Stock © zhu difeng

Presentation of fixed income securities – May 2022 2

Warning

The securities have not been and will not be registered under the US Securities Act of 1933, as amended (the “Securities Act”). Accordingly, BNP Paribas is offering the securities only (1) to Qualified Institutional Buyers (“QIBs”) within the meaning of Rule 144A of the Securities Act (“Rule 144A”) and (2) outside the United States to non- -US persons resort to Regulation S under the Securities Act (“Regulation S”).

This document has been prepared on the basis that any offer of the securities referred to herein in any member state of the European Economic Area (each, a “Member State”) will be made pursuant to an exemption under of Regulation (EU) 2017/1129 (the “Prospectus Regulation”) of the obligation to publish a prospectus for the offers of the securities referred to herein. Consequently, any person making or intending to make an offer in this Member State of the transferable securities referred to herein may only do so in circumstances where there is no obligation for BNP Paribas to publish a prospectus in accordance with the article 3 of the Prospectus Regulation or to supplement a prospectus in accordance with article 23 of the Prospectus Regulation, in each case, in relation to this offer, BNP Paribas has not authorized, and does not authorize, the making of a offers securities referred to in this document in circumstances in which an obligation arises for BNP Paribas to publish or complete a prospectus for such an offer. The offer of the securities referred to herein will be made only to qualified investors as defined in Article 2(e) of the Prospectus Regulation.

The offering of the securities in Canada is being made by way of a private placement pursuant to exemptions from prospectus requirements under the securities laws of each applicable Canadian province and territory where the securities may be offered and sold, and can only be made with investors who are buying as principal and qualify as both an “accredited investor” as that term is defined in NI 45-106 Prospectus Exemptions and a “client Authorized” as that term is defined in National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations.

This document is not intended for distribution or use by any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation.

A security rating is not a recommendation to buy, sell or hold any securities and may be subject to suspension, reduction or withdrawal at any time by the rating agency. who assigns it.

This presentation is qualified in its entirety by reference to the prospectus prepared in connection with the contemplated transaction and must be read in conjunction with these Preliminary prospectus dated January 4, 2022(the “Preliminary Prospectus”). The information contained in the Preliminary Prospectus supersedes the information contained in this document to the extent that there are any inconsistencies. Before entering into a transaction, potential investors should ensure that they fully understand the terms of the securities/transactions and all applicable risks. Full information on BNP Paribas and the offering of the Notes is available in the Preliminary Prospectus.

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SOLVENCY AND SOLID FINANCING

HIGHLIGHTS OF 1Q22

2022-2025 GROWTH, TECHNOLOGY AND SUSTAINABILITY

ANNEX

Presentation of fixed income securities – May 2022 4

A well-diversified economic model by country and by business

No concentration of countries, companies or industries

Gross commitments1by region at 31.12.21

Basel 3 weighted jobs2by business at 03.31.22

>90% in rich markets

32%

Other activities: 3%

CPBF: 13%

CPBS: 56%

Global Markets &

Securities services: 15%

CIB: 34%

BNL bc: 7%

Commercial & Personal

19%

16%

Bank in

13%

CPBB: 8%

the Eurozone: 29%

World Bank :

CPBL: 1%

9%

19%

6%

Europe-Mediterranean: 6%

5%

Main investments: 1%

West Bank: 6%Commercial & Personal

Assurance &

Staff

Foreign banking services

France Other

Belgium

North

Asia

Rest of

REITs: 7%

MAM: 6%

the Eurozone: 13%

Italy

Arval &Funding: 10%

New digital

Europe

& Lux

America

Peaceful

the world

Lease

Businesses: 1%

Specialized CPBS

Solutions: 4%

Businesses: 14%

A balanced business model: a clear competitive advantage in terms of revenue and risk diversification

An integrated business model fueled by cooperation between the Group’s businesses

Strong resilience in a changing environment

1. Total gross commitments, balance sheet and off-balance sheet, unweighted of €1,897 billion at 31.12.21; 2.CRD4

Presentation of fixed income securities – May 2022 5

Carol M. Barragan