BNP Paribas share buyback programme Declaration of transactions in own shares from December 8, 2025 to December 12, 2025 PRESS RELEASE Paris, 15 December 2025 In accordance with Article 5 of Regulation (EU) No 596/2014 on Market Abuse and Article 3 (3) of Delegated Regulation (EU) 2016/1052 supplementing Regulation (EU) No 596/2014 through regulatory technical standards concerning the conditions applicable to buyback programs and stabilization measures, BNP Paribas informs the market of the following tran ...

Core Viewpoint - Rivian Automotive, Inc. has achieved a new 52-week high in its stock price, driven by its ambitions in artificial intelligence and automation [1][2]. Group 1: Stock Performance - Rivian's share price reached a peak of $19.60 during intra-day trading, ultimately closing at $18.42, reflecting a 12.11% increase and a recovery from previous losses [1]. - The stock's performance is linked to positive investor sentiment regarding its AI initiatives [2]. Group 2: AI and Automation Initiatives - Rivian announced plans to expand its AI and automation efforts during its "Autonomy and AI Day," including the development of its own silicon chips, the Rivian Autonomy Processor, to enhance its capabilities in the growing industry [2]. - The chips will be manufactured by Taiwan Semiconductor Manufacturing Co., indicating a strategic partnership to bolster Rivian's technological advancements [2]. Group 3: Analyst Insights - Needham & Company has raised its price target for Rivian to $23 per share, suggesting a 25% upside potential from the latest closing price, reflecting confidence in Rivian's shift towards leveraging AI for end-to-end autonomy [3]. - BNP Paribas has expressed that Rivian has exceeded expectations and may become the second-largest EV player in North America, potentially surpassing Tesla in certain areas of AI integration [4].

Market Overview - Major U.S. index futures indicate a mixed opening, with Nasdaq 100 futures down by 0.5% and Dow futures up by 0.2% [1] - The Dow continues to benefit from a shift toward cyclical stocks, reaching a new record closing high [3] - Overall trading activity may be subdued due to a lack of major U.S. economic data [3] Company Performance - Broadcom (AVGO) shares are under pressure, down by 5.4% in pre-market trading despite better-than-expected fiscal fourth quarter results and positive guidance [2] - Other chipmakers like Advanced Micro Devices (AMD) and Micron Technology (MU) are also experiencing pre-market weakness, indicating a potential rotation out of tech stocks [2] - Oracle (ORCL) shares plunged by 10.8% after reporting fiscal second quarter earnings that exceeded analyst estimates but had weaker-than-expected revenues [5][6] Stock Index Movements - The Dow jumped 646.26 points or 1.3% to a new record closing high of 48,704.01, partly driven by a 6.1% increase in Visa (V) shares after an upgrade from Bank of America [4][5] - The S&P 500 rose 14.32 points or 0.2% to 6,901.00, while the Nasdaq closed down 60.30 points or 0.3% at 23,593.86 [4] Economic Indicators - Initial jobless claims in the U.S. rose to 236,000, an increase of 44,000 from the previous week's revised level of 192,000, exceeding economists' expectations [7] - Gold stocks surged by 4.3%, reaching a new record closing high, alongside a significant increase in gold prices [7][9] International Market Reactions - Asian stocks rallied following a less hawkish outlook from the U.S. Federal Reserve, with the Nikkei 225 Index jumping 1.4% [10][12] - Chinese shares rose, with the Shanghai Composite Index up 0.4% after pledges for a proactive fiscal policy [11] - European stocks moved higher, driven by optimism regarding potential interest rate cuts from the U.S. Federal Reserve [16]

Core Points - BNP Paribas has entered into exclusive discussions for the potential sale of its 67% stake in its Moroccan subsidiary BMCI to the Holmarcom Group, which has been a partner and shareholder of BMCI for 30 years [1] - The discussions are at a preliminary stage, and further details will be disclosed if the project moves forward [1] - If the transaction is completed in 2026, it is expected to positively impact BNP Paribas' CET1 ratio by approximately +15 basis points [2] Company Overview - BNP Paribas is a leader in banking and financial services in Europe, operating in 64 countries with nearly 178,000 employees, over 144,000 of whom are in Europe [3] - The Group has key positions in three main fields: Commercial, Personal Banking & Services; Investment & Protection Services; and Corporate & Institutional Banking [3] - BNP Paribas aims to support clients in realizing their projects through a diversified range of solutions, including financing, investment, savings, and protection insurance [3] - The Group is expanding its integrated commercial and personal banking model across several Mediterranean countries, Türkiye, and Eastern Europe, while maintaining a strong presence in the Americas and a growing business in Asia-Pacific [3] - BNP Paribas has implemented a Corporate Social Responsibility approach to contribute to a sustainable future while ensuring the Group's performance and stability [3]

Market Overview - Markets celebrated the Federal Reserve's latest quarter-point cut, lowering rates to a range of 3.5% to 3.75% [2] - The central bank announced it would purchase short-term bonds, driving down short-term yields, and removed language indicating the labor market "remained low," suggesting a potential focus on supporting the jobs market over inflation [3] Oracle - Oracle reported revenue of $16.06 billion, missing analysts' expectations of $16.21 billion [4] - Software revenue was $5.88 billion, below the estimated $6.06 billion [4] Micron - UBS reiterated a buy rating on Micron with a price target of $295 ahead of earnings, increasing from a previous target of $275 [7] - HSBC initiated coverage of Micron with a buy rating and a price target of $330, citing a potential benefit from a "historic upcycle" aided by artificial intelligence [7] Netflix - Analysts at Needham maintain a buy rating on Netflix, suggesting that the company does not need to acquire Warner Bros. Discovery [8] - The firm believes that without WBD, Netflix is more global, nimble, tech-first, and has greater flexibility with Hollywood unions [8]

Core Viewpoint - BNP Paribas analysts reported a profit-taking on a short position in 10-year U.S. Treasury bonds after the bank's interest rate cut, indicating a focus on the U.S. labor market's weakness and its impact on interest rates [1] Group 1: Interest Rate Actions - BNP Paribas cut interest rates as expected on Wednesday [1] - The bank established a short position in 10-year U.S. Treasury bonds at a yield of 4.09% and closed it at a yield of 4.15% [1] Group 2: Market Reactions - Analysts believe that the Federal Reserve's imbalanced response function will exert pressure on the interest rate market ahead of the next employment data release [1] - The 10-year U.S. Treasury yield decreased by 3.1 basis points, currently reported at 4.132% according to Tradeweb [1]

Core Insights - United Fintech has secured a strategic investment from Barclays, enhancing its shareholder base which includes major global banks like BNP Paribas, Citi, Danske Bank, and Standard Chartered [1][2][5] Group 1: Investment and Growth - The investment from Barclays marks a significant milestone in United Fintech's growth, which includes two acquisitions in 2025, expanding its portfolio to seven fintechs [2] - United Fintech now operates 11 offices globally and employs over 200 staff, indicating its expanding international presence [2][7] Group 2: Strategic Partnerships - Barclays will join the United Fintech Board of Directors, highlighting the collaboration between traditional financial institutions and innovative fintech platforms [2][3] - The partnership aims to accelerate digital transformation in the financial services industry, aligning with Barclays' vision for future-ready financial services [3][5] Group 3: Ecosystem Development - United Fintech is building a comprehensive ecosystem of technology solutions for financial institutions, enhancing capabilities in commercial banking, capital markets, and investment management [4] - The company's focus on AI-powered innovation aims to modernize infrastructure and streamline technology adoption across the finance sector [4][5] Group 4: Industry Collaboration - The addition of Barclays as an investor emphasizes the importance of industry-wide collaboration in the face of accelerating AI advancements in financial services [5][6] - United Fintech is positioned to become a trusted ecosystem for enabling collaboration among financial institutions [5]

BNP Paribas share buyback programme Declaration of transactions in own shares from December 1, 2025 to December 5, 2025 PRESS RELEASE Paris, 8 December 2025 In accordance with Article 5 of Regulation (EU) No 596/2014 on Market Abuse and Article 3 (3) of Delegated Regulation (EU) 2016/1052 supplementing Regulation (EU) No 596/2014 through regulatory technical standards concerning the conditions applicable to buyback programs and stabilization measures, BNP Paribas informs the market of the following transa ...

       BNP Paribas share buyback programme Declaration of transactions in own shares from December 1, 2025 to December 5, 2025 PRESS RELEASE Paris, 8 December 2025 In accordance with Article 5 of Regulation (EU) No 596/2014 on Market Abuse and Article 3 (3) of Delegated Regulation (EU) 2016/1052 supplementing Regulation (EU) No 596/2014 through regulatory technical standards concerning the conditions applicable to buyback programs and stabilization measures, BNP Paribas informs the market of the following t ...

Market Overview - Major U.S. index futures indicate a slightly higher open on Monday, with stocks expected to build on modest gains from Friday [1] - Optimism regarding interest rates is contributing to initial strength on Wall Street ahead of the Federal Reserve's monetary policy meeting [1] Federal Reserve Expectations - The Fed is widely anticipated to lower interest rates by another quarter point, with traders focusing on the accompanying statement for future rate cut indications [2] - CME Group's FedWatch Tool shows an 89.2% chance of a quarter-point rate cut on Wednesday, but a 70.3% chance of rates remaining unchanged in January [2] Stock Performance - After a mixed trading session on Thursday, stocks showed modest strength on Friday, with the Nasdaq and S&P 500 reaching their best closing levels in a month [3] - For the week, the Nasdaq rose by 0.9%, the Dow by 0.5%, and the S&P 500 by 0.3% [4] Inflation Data - The PCE price index increased by 0.3% in September, matching August's growth and economist estimates [4] - The annual growth rate of the PCE price index rose to 2.8% in September from 2.7% in August, aligning with expectations [5] - The core PCE price index, excluding food and energy, rose by 0.2% in September, consistent with previous months and estimates [5] Sector Performance - Computer hardware stocks saw a 1.7% increase, while airline stocks gained 1.5% [7] - Networking, semiconductor, and software stocks also exhibited notable strength, while steel stocks declined significantly [7] Commodity and Currency Markets - Crude oil futures decreased by $0.53 to $59.55 per barrel, while gold futures fell by $11.30 to $4,231.70 per ounce [8] - The U.S. dollar traded at 155.60 yen and $1.1647 against the euro [8] Asian Market Performance - Asian stocks showed mixed results, with China's Shanghai Composite Index climbing 0.5% after positive trade data [10] - Hong Kong's Hang Seng Index fell 1.2% amid escalating tensions between China and Japan [11] European Market Performance - European stocks are mixed ahead of interest rate decisions from multiple central banks [16] - German industrial production unexpectedly accelerated by 1.8% in October, contrasting with expectations of a slowdown [16][17]