BNP PARIBAS LAUNCHES A SHARE BUYBACK PROGRAMME OF EUR 1.15 BILLION FOR THE 2025 FINANCIAL YEAR RESULTS

Core Points - BNP Paribas has announced a share buyback program with a maximum amount of EUR 1.15 billion following the approval of the European Central Bank [1] - The share buyback program is set to commence on November 24, 2025, and the purchased shares will be cancelled [1] - Weekly updates on the progress of the program will be provided via press releases on BNP Paribas' website [2] Summary by Sections Share Buyback Program Details - The program is authorized under the fifth resolution approved by the General Meeting on May 13, 2025, allowing the purchase of up to 10% of BNP Paribas' share capital [5] - The maximum number of shares that can be purchased is approximately 113,081,067, based on a maximum repurchase price of EUR 102 per share, leading to a theoretical maximum purchase amount of EUR 11.53 billion [5][8] - The duration of the share buyback program is valid for eighteen months, ending on November 13, 2026 [9] Objectives of the Share Buyback - The shares may be purchased for various purposes, including cancellation, fulfilling obligations related to equity instruments, and for external growth transactions [6] - The shares eligible for purchase are listed on Euronext Paris with the ISIN Code FR0000131104 [7] Company Overview - BNP Paribas is a leading banking and financial services provider in Europe, operating in 64 countries with nearly 178,000 employees [10] - The company has a diversified business model, focusing on commercial banking, investment services, and corporate banking, catering to a wide range of clients [10]