Core Viewpoint - Societe Generale is accelerating its organizational simplification and skill development to enhance operational efficiency and sustainable performance [1] Group 1: Organizational Changes - The company has submitted a project for organizational simplification in France, focusing on several activities and central functions at headquarters, while the branch network remains unaffected [3] - The proposed changes aim to simplify operating methods, making them more efficient and agile in serving clients [3] - A net reduction of 1,800 positions is planned through natural attrition and an innovative social framework, without any redundancy plan, favoring internal career moves [4] Group 2: Employee Development - Career-long training will be enhanced through Societe Generale University, and a Mobility and Skills Campus will be established to facilitate internal mobility and diverse career paths [5] - The planned changes will be implemented gradually in 2026 and 2027, following consultations with employee representative bodies [5] Group 3: Employee Engagement - Close to 2,000 employees participated in a collaborative initiative, generating thousands of ideas to optimize tools, simplify processes, and strengthen automation and AI usage [2]

Core Viewpoint - TP ICAP Group has agreed to acquire Vantage Capital Markets, enhancing its position in equity derivatives and fixed income, particularly in APAC markets, while allowing Vantage to utilize TP ICAP's extensive US presence [1][2]. Group 1: Acquisition Details - The acquisition is subject to regulatory approval and is expected to close in Q2 2026 [4]. - Vantage Capital Markets has a significant presence in London, Hong Kong, Tokyo, and Dubai, employing over 80 brokers and serving more than 800 institutional clients globally [6]. Group 2: Strategic Implications - This acquisition is part of TP ICAP's targeted investment strategy aimed at driving profitable growth, expanding global reach, and broadening product offerings [3]. - The leadership team of Vantage will remain in place, ensuring continuity and stability for clients [2]. Group 3: Leadership Comments - Nicolas Breteau, CEO of TP ICAP, expressed enthusiasm about the acquisition, highlighting the potential for growth in key APAC markets and the US [3]. - Roderick Wurfbain, CEO of Vantage, noted that joining TP ICAP marks an exciting new chapter and is expected to accelerate growth, particularly in the US [4].

Group 1 - As of November 6, 2025, the total number of shares composing the current share capital is 766,894,786, and the total number of voting rights is 853,534,087 [2][6] - Societe Generale is a leading European bank with approximately 119,000 employees serving over 26 million clients in 62 countries [3][4] - The company is committed to environmental transition and sustainability, embedding ESG offerings across all its business lines [4][7] Group 2 - Societe Generale operates three complementary business segments: French Retail, Global Banking and Investor Solutions, and Mobility, International Retail Banking and Financial Services [7] - The bank is included in major socially responsible investment indices, highlighting its commitment to ESG principles [4]

Core Points - The total number of shares composing the current share capital as of 30 September 2025 is 785,180,327, while the total number of voting rights is 871,965,338 [2][6]. Company Overview - Societe Generale is a leading European bank with approximately 119,000 employees serving over 26 million clients in 62 countries, providing a wide range of advisory and financial solutions [3]. - The company has a strong commitment to sustainability and environmental transition, aiming to be a leading partner in these areas [4]. - Societe Generale is included in major socially responsible investment indices, highlighting its focus on ESG (Environmental, Social, and Governance) initiatives [4]. Business Segments - The Group operates three complementary business sets: French Retail, Private Banking and Insurance; Global Banking and Investor Solutions; and Mobility, International Retail Banking and Financial Services [7]. - The Global Banking and Investor Solutions segment is recognized for its leadership in equity derivatives, structured finance, and ESG [7].

Core Insights - The Risk Asia Awards 2025 recognize excellence in various categories related to risk management and financial services across Asia [1][2][3] Group 1: Derivatives Awards - Derivatives house of the year for Asia is awarded to UBS [1] - Other notable winners include Daiwa Securities for Japan, Crédit Agricole CIB for Hong Kong and South Korea, and OCBC Bank for Singapore [1] - The award for derivatives house of the year in China goes to Shenwan Hongyuan Securities, while CTBC Bank wins for Taiwan [1] Group 2: Specialized Awards - Standard Chartered is recognized as the interest rate derivatives house of the year [1] - BofA Securities wins the currency derivatives house of the year award [1] - UBS is awarded both equity and credit derivatives house of the year [1] Group 3: Technology and Risk Solutions - Murex is named technology vendor of the year and also wins for system support and implementation [2] - S&P Dow Jones Indices is recognized for quantitative investment solutions [2] - FactSet is awarded for risk solutions [2] Group 4: Compliance and Risk Management - The best AI solution for risk management is awarded to SAS Institute [2] - Wolters Kluwer receives multiple awards for various risk management solutions including IFRS 9 and credit risk management [2] - NICE Actimize is recognized for its AML solution of the year [2]

Core Points - Societe Generale initiated a EUR 1 billion ordinary share buy-back program aimed at share cancellation, starting on August 4, 2025 [1] - As of August 29, 2025, the company completed 54.1% of the buy-back program, which corresponds to 1.2% of its total share capital [3] Buy-Back Program Details - The buy-back program is conducted in compliance with the conditions set by the General Meeting on May 22, 2024, and adheres to the Market Abuse Regulation [2] - The buy-backs are executed on trading platforms where Societe Generale shares are listed, including Euronext Paris [2] Purchase Summary - From August 25 to August 29, 2025, a total of 4,341,534 shares were repurchased at an average price of EUR 52.9723 [5] - Daily purchase details include: - August 25: 449,003 shares at an average price of EUR 57.1921 [4] - August 26: 465,064 shares at an average price of EUR 51.7650 [4] - August 27: 548,367 shares at an average price of EUR 51.8690 [5] - August 28: 574,221 shares at an average price of EUR 52.3376 [5] - August 29: 547,780 shares at an average price of EUR 52.3119 [5] Company Overview - Societe Generale is a leading European bank with approximately 119,000 employees serving over 26 million clients in 62 countries [6] - The bank offers a wide range of advisory and financial solutions, emphasizing sustainable value creation for stakeholders [6][7]

Group 1 - Societe Generale Board of Directors has co-opted Ms. Laura Barlow as a Director effective 1 September 2025, following the resignation of Ms. Béatrice Cossa-Dumurguier [1] - The General Meeting on 27 May 2026 will convene to ratify Ms. Barlow's appointment [1] - Ms. Barlow has held significant positions in NatWest Group and Barclays, notably as Head of Restructuring and Sustainability [2] Group 2 - Societe Generale is a leading European bank with approximately 119,000 employees serving over 26 million clients in 62 countries [4] - The bank has been operational for 160 years, providing a wide array of advisory and financial solutions [4] - The Group is committed to sustainability and is included in major socially responsible investment indices [5]

Core Points - Societe Generale initiated a EUR 1 billion ordinary share buy-back program aimed at share cancellation, starting on August 4, 2025 [1][2] - The program has received all necessary authorizations from supervisory authorities and complies with the conditions set forth by the General Meeting [2] - As of August 8, 2025, Societe Generale completed 9.6% of its buy-back program, which represents 0.2% of its total share capital of 785,180,327 shares [3] Buy-Back Transactions - The total number of shares repurchased from August 4 to August 8, 2025, was 1,718,926 shares at a daily weighted average price of EUR 55.8487 [5] - Daily transactions included: - August 4: 220,414 shares at EUR 54.8104 [4] - August 5: 209,844 shares at EUR 55.3552 [4] - August 6: 200,000 shares at EUR 55.4404 [5] - August 7: 200,000 shares at EUR 56.4492 [5] - August 8: 195,329 shares at EUR 57.2547 [5] Company Overview - Societe Generale is a leading European bank with approximately 119,000 employees serving over 26 million clients in 62 countries [6] - The bank has a strong commitment to sustainability and is included in major socially responsible investment indices [7]

Group Financial Performance - Group net income for H1 2025 reached EUR 3.1 billion, representing a 71% increase compared to H1 2024 [2][5][17] - Revenues for H1 2025 totaled EUR 13.9 billion, up 8.6% excluding asset disposals, exceeding the annual target of over 3% [5][11] - Operating expenses decreased by 2.6% in H1 2025 compared to H1 2024, ahead of the annual target of a decrease greater than 1% [5][12] - Cost-to-income ratio improved to 64.4% in H1 2025, below the initial target of less than 66% for the year [5][13] Shareholder Returns - The company announced a share buy-back program of EUR 1 billion, to commence on August 4, 2025 [5][19][20] - An interim cash dividend of EUR 0.61 per share will be paid on October 9, 2025, marking the introduction of a new distribution policy [5][18] Business Segment Performance - French Retail, Private Banking, and Insurance revenues increased by 6.5% in Q2 2025 compared to Q2 2024, with net interest income growing by 14.8% [8][29] - Global Banking and Investor Solutions reported revenues of EUR 2.6 billion in Q2 2025, up 0.7% year-on-year, driven by strong performance in Fixed Income and Currencies [9][42] - Mobility, International Retail Banking, and Financial Services saw revenues of EUR 2.0 billion in Q2 2025, up 7.2% compared to Q2 2024 [10][61] Cost Management - Operating expenses for Q2 2025 were EUR 4.3 billion, down 5.2% from Q2 2024, reflecting strong cost control measures [12][39] - The cost of risk remained low at 25 basis points in Q2 2025, below the target range of 25 to 30 basis points for the year [14][68] Capital and Liquidity - The Common Equity Tier 1 (CET1) ratio stood at 13.5% at the end of Q2 2025, significantly above the regulatory requirement [23][24] - The Liquidity Coverage Ratio (LCR) was 148% at the end of Q2 2025, indicating strong liquidity position [23][24]

Group 1 - As of 30 June 2025, the total number of shares composing the current share capital is 800,316,777 and the total number of voting rights is 889,511,445 [2][6] - Societe Generale is a leading European bank with approximately 119,000 employees serving over 26 million clients in 62 countries [3][4] - The company has a strong commitment to environmental, social, and governance (ESG) principles, being included in major socially responsible investment indices [4]