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 buyback will commence on November 24, 2025, and the purchased shares will be cancelled [1] - Weekly updates on the program's progress will be provided via press releases on BNP Paribas' website [2] Summary by Sections Share Buyback Program Details - The program is authorized under EU Regulation n°596/2014 and the fifth resolution from the General Meeting on May 13, 2025 [3] - The maximum number of shares to be purchased is up to 10% of BNP Paribas' share capital, which translates to approximately 113,081,067 shares based on a maximum repurchase price of EUR 102 per share [6] - The theoretical maximum purchase amount could reach EUR 11,534,268,834, subject to changes in share capital [6][9] Objectives of the Share Buyback - The shares may be purchased for various purposes, including cancellation, fulfilling obligations related to equity instruments, and for market-making agreements [7] - The program is also intended to support employee shareholding and corporate savings plans [7] Duration and Compliance - The authorization for the share buyback program is valid for 18 months, expiring on November 13, 2026 [10] - The Board of Directors will ensure compliance with prudential requirements as defined by regulations and the European Central Bank [10] Company Overview - BNP Paribas is a leading banking and financial services provider in Europe, operating in 64 countries with nearly 178,000 employees [11] - The company has a diversified business model, focusing on commercial banking, investment services, and corporate banking [11] - BNP Paribas is committed to corporate social responsibility, contributing to sustainable development while ensuring performance and stability [11]