Societe Generale: Fourth quarter & 2025 full year results

About this update from Societe Generale S.a. Class A

RESULTS AT 31 DECEMBER 2025 Press release                                                           Paris, 6 February 2026 at 6:25 am RECORD REVENUES OF EUR 27.3BN IN 2025, +6.8% 1 VS. 2024 RECORD GROUP NET INCOME OF EUR 6BN IN 2025, +43% VS. 2024 2025 TOTAL DISTRIBUTION OF EUR 4.7BN, +169% VS. 2024 2026 ROTE TARGET UPGRADED TO MORE THAN 10% Societe Generale’s Board of Directors, which met on 5 February 2026 under the chairmanship of Lorenzo Bini Smaghi, examined the Societe Generale Group’s results for Q4 25 and endorsed the 2025 financial statements. Slawomir Krupa, the Group’s Chief Executive Officer, commented: “In 2025, we took a decisive step in the transformation of our Group. Through the disciplined execution of our strategic roadmap, we have sustainably strengthened our capital position and significantly improved our commercial and financial performance, successfully exceeding all targets set for the year. We achieved both record revenues and net income for the Group, combining robust growth across all businesses with strict cost and risk management. I warmly thank our clients for their trust and our employees for their commitment, as we continue to build a stronger and more efficient bank. Given our strong results, we have significantly increased the return to our shareholders, in particular with the extraordinary distribution of capital through two successive share buy-backs. We will accelerate in 2026 and aim for an upgraded ROTE target of more than 10%. We will hold our Capital Markets Day on 21 September 2026 to present the Group’s next strategic phase and the continued improvement of our sustainable performance, which is a key driver of value for all our stakeholders.” Lorenzo Bini Smaghi, Chairman of the Board of Directors, commented: “The Board of Directors is grateful to all teams across the Group and to the leadership team of Societe Generale for delivering a strong set of results in 2025, above expectations in all businesses, including remarkable achievements in terms of revenue growth and cost reduction. In this context, the Board of Directors 6 has unanimously decided to renew the mandate of Slawomir Krupa as Chief Executive Officer for a four-year term starting in 2027, to further strengthen the position of Societe Generale as a leading European bank.” Asterisks* in the document refer to data at constant scope and exchange rates Net banking income  Net banking income for the quarter stood at EUR 6,725 million, up +6.8% vs. Q4 24, excluding asset disposals. French Retail, Private Banking and Insurance revenues were up +4.6% on Q4 24 (+7.9% excluding asset disposals). They totalled EUR 2,378 million in Q4 25. Net interest income grew by +8.5% vs. Q4 24, excluding asset disposals. Private Banking assets under management (excluding the disposal of private banking activities in Switzerland and the United Kingdom) and life insurance outstandings rose to record levels and grew by +9% and +8%, respectively, in Q4 25 vs. Q4 24. Lastly, BoursoBank reported a record level of acquisition this quarter with around 575,000 new clients, taking the total to 8.8 million clients at end-December 2025. Global Banking and Investor Solutions reported revenues of EUR 2,408 million in Q4 25, down -2.3% from a very high level in Q4 24. Global Markets posted a fall in revenues of -7.1% in Q4 25 vs. Q4 24. Equity revenues were down -5.3% in Q4 25 from a high level in Q4 24. This was mainly due to a negative FX impact and a slowdown in commercial activity in the European and Asian markets, despite strong client activity in the Americas with revenues up +24% vs. Q4 24. Fixed Income and Currencies recorded a fall in revenues of -13.3%, compared with a strong quarter in Q4 24. This was due to weaker commercial momentum in rates markets, particularly in Europe. Securities Services present an increase in revenues of +3.2%, following strong commercial activity across all business lines. Global Banking & Advisory reported a robust performance, driven by financing activities, led by Infrastructure, Transportation, and Fund Financing. Originated and distributed volumes continued to benefit from strong momentum. Lastly, despite the continuation of strong commercial activity and growth in customer deposits, Global Transaction & Payment Services posted a fall in revenues of -5.0% compared with a strong Q4 24, driven by lower interest rates and currency effects. Revenues from Mobility, International Retail Banking and Financial Services totalled EUR 1,966 million, up +8.6% excluding asset disposals. International Retail Banking reported revenues up +2.7% at constant perimeter and exchange rates. Revenues from Mobility and Financial Services were up +11.7% at constant perimeter and exchange rates. Ayvens’ revenues grew by +15.0% vs. Q4 24, with higher margins. Consumer Finance revenues were up +5.9%, mainly driven by growth in net interest income. The Corporate Centre recorded revenues of EUR -27 million in Q4 25. For 2025, Group revenues increased by +1.7% vs. 2024 and by +6.8% excluding asset disposals to rise to an all ‑ time high of EUR 27,254 million. Operating expenses  Operating expenses came to EUR 4,344 million in Q4 25, down -5.5% vs. Q4 24 and -1.4% excluding asset disposals. The cost-to-income ratio stood at 64.6% for the quarter, down from 69.4% in Q4 24. For 2025 , Group operating expenses fell sharply by -6.1% vs. 2024 and by -2.0% excluding asset disposals. The cost-to-income ratio stood at 63.6% in 2025, down from 2024 (69.0%) and below the 2025 target of a cost-to-income ratio of <65%. Cost of risk The cost of risk for the quarter was 29 basis points , or EUR 409 million, consistent with the guidance of between 25 and 30 basis points for 2025. This comprises a EUR 435 million provision for doubtful loans (around 31 basis points) and a reversal of a provision for performing loans for EUR -26 million. The cost of risk for the year was 26 basis points , or EUR 1,477 million, at the lower end of the guidance range of 25 to 30 basis points for 2025. The Group had a stock of provisions for performing loans of EUR 2,939 million at end-December 2025, stable from 30 September 2025 while the stock of stage 2 provisions increases by +4% and accounts for 3.9% of the amount of stage 2 loans outstanding. The gross non-performing loan ratio stood at 2.81% 7 , 8 at 31 December 2025, slightly higher compared with its level at end-September 2025 (2.77%). The net coverage ratio on the Group’s doubtful loans stood at 82% 9 at 31 December 2025 (after taking into account guarantees and collateral). Group net income Group net income stood at EUR 1,420 million for the quarter , an increase of +36.4%, equating to a Return on Tangible Equity (ROTE) of 9.5%. For 2025, Group net income stood at a record level of EUR 6,002 million , an increase of 42.9% . This equates to ROTE of 10.2%, or 9.6% excluding net profits on other assets, above the target of ~9% for 2025. Financial targets for 2026 The Group has revised its financial targets for 2026 and now forecasts, at Group level: For the business lines, the financial targets for 2026 presented at the 2023 Capital Markets Day are confirmed: Shareholder distribution The Board of Directors approved the ordinary distribution policy for the 2025 fiscal year, which aims to distribute an amount of EUR 2,679 million, of which EUR 1,217 million in the form of dividends and EUR 1 462 million in the form of share buy-backs 12 . A cash dividend of EUR 1.61 13 per share, up 48% compared to 2024, will be proposed to the Annual General Meeting of Shareholders on 27 May 2026, which includes the interim dividend of EUR 0.61 per share (ex-dividend date 7 October 2025) paid on 9 October 2025. The final dividend therefore amounts to EUR 1.00 per share. The shares will trade ex-dividend on 1 June 2026, the final dividend being paid on 3 June 2026. The Group obtained all regulatory authorisations, including the one from the European Central Bank, for the share buy-back programme of EUR 1 462 million, which will be launched on 9 February 2026 14 . In total, the ordinary distribution represents 50% of the Group net income 15 , including 45% in cash dividends and 55% in share buy-backs. The Group also launched in 2025 two extraordinary capital distributions totalling EUR 2 billion, in the form of two additional share buy-back programmes of EUR 1 billion each. In total, the 2025 distribution amounts to EUR 4,679 million compared to EUR 1,740 million in 2024, an increase of 169%. Going forward, communications on the management of the Group's excess capital will be made once a year during the publication of the second quarter results. The Group is actively pursuing its contribution to the environmental and social transition and is progressing with the decarbonisation of its credit portfolios, ahead of its targets in the most carbon-intensive sectors 16 . At the same time, the Group is on track to reach its target of EUR 500 billion to support sustainable finance (target set for the period 2024-2030), with ~30% achieved at end-September 2025. In order to prepare for the future and support the players and solutions of tomorrow, Societe Generale continued to deploy its EUR 1 billion investment, supporting actors of the energy transition and emerging leaders in the sector. The Group strengthened its partnerships in 2025, notably with a new agreement signed in the fourth quarter with the European Investment Bank, intended to support innovative, fast-growing companies in the cleantech sector. Lastly, the Group was recognised in 2025 by numerous external awards: In EURm Q4 25 Q4 24 Change 2025 2024 Change Net banking income (27) (184) +85.4% +85.4%* (383) (548) +30.2% +30.2%* Operating expenses (93) (39) x 2.4 +22.1%* (429) (224) +91.8% +32.9%* Gross operating income (119) (222) +46.3% +54.0%* (812) (772) -5.2% +6.8%* Net cost of risk 5 7 +19.7% +19.7%* 12 12 +5.9% +5.9%* Net profits or losses from other assets (5) (7) +30.2% +30.2%* 312 (179) n/s n/s Income tax 144 (31) n/s n/s 358 106 n/s n/s Group net income 5 (276) n/s n/s (216) (909) +76.2% +78.0%* The Corporate Centre includes: Net banking income The Corporate Centre’s net banking income totalled EUR -27 million for the quarter, vs. EUR -184 million in Q4 24. The increase of revenues is mainly related to continued improvement of funding conditions and management of excess liquidity. The Corporate Centre’s net banking income totalled EUR -383 million for the year , compared with EUR -548 million in 2024, which included an exceptional income of EUR 287 million received to settle the remaining exposures in Russia linked to the Group’s former local presence via Rosbank, recorded in the third quarter of 2024. Operating expenses Operating expenses came to EUR -93 million for the quarter, vs. EUR -39 million in Q4 24. Operating expenses came to EUR -429 million for the year , vs. EUR -224 million in 2024. They include around EUR 100 million in expenses recorded in the second quarter of 2025, related to the Global Employee Share Ownership Programme launched in June 2025. Net profits from other assets For the full year, the Group recognised EUR +312 million in net profits from other assets for the Corporate Centre , notably following the disposal of SGEF 26 , Societe Generale Private Banking Switzerland, SG Kleinwort Hambros, Societe Generale Burkina Faso and Societe Generale Guinea. Group net income The Corporate Centre’s Group net income totalled EUR +5 million for the quarter, vs. EUR -276 million in Q4 24. The Corporate Centre’s Group net income totalled EUR -216 million for the year, vs. EUR -909 million in 2024. 8.    2026 FINANCIAL CALENDAR 2026 Financial communication calendar 30 April 2026 First quarter 2026 results 27 May 2026 Combined General Meeting of Shareholders 1 June 2026 Ex-dividend date of the final dividend 3 June 2026 Payment of the final dividend 30 July 2026 Second quarter and half year 2026 results 21 September 2026 Capital Markets Day 5 October 2026 Ex-dividend date for the interim dividend 7 October 2026 Payment of the interim dividend 29 October 2026 Third quarter and nine-month 2026 results The Alternative Performance Measures, notably the notions of net banking income for the pillars, operating expenses, cost of risk in basis points, ROE, ROTE, RONE, net assets and tangible net assets are presented in the methodology notes, as are the principles for the presentation of prudential ratios. This document contains forward-looking statements relating to the targets and strategies of the Societe Generale Group. These forward-looking statements are based on a series of assumptions, both general and specific, in particular the application of accounting principles and methods in accordance with IFRS (International Financial Reporting Standards) as adopted in the European Union, as well as the application of existing prudential regulations. These forward-looking statements have also been developed from scenarios based on a number of economic assumptions in the context of a given competitive and regulatory environment. The Group may be unable to: - anticipate all the risks, uncertainties or other factors likely to affect its business and to appraise their potential consequences; - evaluate the extent to which the occurrence of a risk or a combination of risks could cause actual results to differ materially from those provided in this document and the related presentation.   Therefore, although Societe Generale believes that these statements are based on reasonable assumptions, these forward-looking statements are subject to numerous risks and uncertainties, including matters not yet known to it or its management or not currently considered material, and there can be no assurance that anticipated events will occur or that the objectives set out will actually be achieved. Important factors that could cause actual results to differ materially from the results anticipated in the forward-looking statements include, among others, overall trends in general economic activity and in Societe Generale’s markets in particular, regulatory and prudential changes, and the success of Societe Generale’s strategic, operating and financial initiatives. More detailed information on the potential risks that could affect Societe Generale’s financial results can be found in the section “Risk Factors” in our Universal Registration Document filed with the French Autorité des Marchés Financiers (which is available on https://investors.societegenerale.com/en). Investors are advised to take into account factors of uncertainty and risk likely to impact the operations of the Group when considering the information contained in such forward-looking statements. Other than as required by applicable law, Societe Generale does not undertake any obligation to update or revise any forward-looking information or statements. Unless otherwise specified, the sources for the business rankings and market positions are internal. The difference between the number of shares entitled to dividend on 31 January 2026 and 1 June 2026 will lead to an adjustment of the overall amount of the dividend and accordingly of the total amount to be distributed. 9.    APPENDIX 1: FINANCIAL DATA GROUP NET INCOME BY CORE BUSINESS In EURm Q4 25 Q4 24 Variation 2025 2024 Variation French Retail, Private Banking and Insurance 467 364 +28.2% 1,815 1,007 +80.3% Global Banking and Investor Solutions 574 633 -9.3% 2,915 2,811 +3.7% Mobility, International Retail Banking & Financial Services 374 320 +16.9% 1,489 1,292 +15.2% Core Businesses 1,415 1,317 +7.4% 6,218 5,109 +21.7% Corporate Centre 5 (276) n/s (216) (909) +76.2% Group 1,420 1,041 +36.4% 6,002 4,200 +42.9% MAIN EXCEPTIONAL ITEMS In EURm Q4 25 Q4 24 12M25 12M24 Net Banking Income - Total exceptional items 0 0 0 287 Exceptional proceeds received - Corporate Centre 0 0 0 287 Operating expenses - Total one-off items and transformation charges (102) (76) (363) (616) Transformation charges (102) (76) (262) (613) Of which French Retail, Private Banking and Insurance (18) 7 (66) (132) Of which Global Banking & Investor Solutions (43) (32) (58) (236) Of which Mobility, International Retail Banking & Financial Services (42) (51) (139) (199) Of which Corporate Centre 0 0 0 (47) One-off items 0 0 (101) (3) Global Employee Share Ownership Programme 0 0 (101) (3) Other one-off items - Total 8 (7) 345 (74) Net profits or losses from other assets 8 (7) 345 (74) Of which French Retail, Private Banking and Insurance 13 0 34 0 Of which Mobility, International Retail Banking and Financial Services 0 0 (0) 86 Of which Corporate Centre (5) (7) 312 (160) CONSOLIDATED BALANCE SHEET In EUR m 31/12/2025 31/12/2024 Cash, due from central banks 133,322 201,680 Financial assets at fair value through profit or loss 576,057 526,048 Hedging derivatives 8,007 9,233 Financial assets at fair value through other comprehensive income 101,088 96,024 Securities at amortised cost 50,963 32,655 Due from banks at amortised cost 76,287 84,051 Customer loans at amortised cost 454,504 454,622 Revaluation differences on portfolios hedged against interest rate risk (768) (292) Insurance and reinsurance contracts assets 649 615 Tax assets 4,709 4,687 Other assets 73,313 70,903 Non-current assets held for sale 2,496 26,426 Investments accounted for using the equity method 433 398 Tangible and intangible fixed assets 60,498 61,409 Goodwill 5,083 5,086 Total 1,546,641 1,573,545 In EUR m 31/12/2025 31/12/2024 Due to central banks 9,737 11,364 Financial liabilities at fair value through profit or loss 398,054 396,614 Hedging derivatives 13,919 15,750 Debt securities issued 151,389 162,200 Due to banks 103,786 99,744 Customer deposits 525,810 531,675 Revaluation differences on portfolios hedged against interest rate risk (7,436) (5,277) Tax liabilities 2,603 2,237 Other liabilities 87,188 90,786 Non-current liabilities held for sale 3,033 17,079 Insurance and reinsurance contracts liabilities 162,463 150,691 Provisions 3,952 4,085 Subordinated debts 12,616 17,009 Total liabilities 1,467,114 1,493,957 Shareholder's equity - - Shareholders' equity, Group share - - Issued common stocks and capital reserves 19,237 21,281 Other equity instruments 9,762 9,873 Retained earnings 35,862 33,863 Net income 6,002 4,200 Sub-total 70,863 69,217 Unrealised or deferred capital gains and losses (719) 1,039 Sub-total equity, Group share 70,144 70,256 Non-controlling interests 9,383 9,332 Total equity 79,527 79,588 Total 1,546,641 1,573,545 1 –The financial information presented for the fourth quarter and full year 2025 was examined by the Board of Directors on 5 February 2026 and has been prepared in accordance with IFRS as adopted in the European Union and applicable at that date. The audit procedures carried out by the Statutory Auditors on the consolidated financial statements are in progress. 2 - Net banking income The pillars’ net banking income is defined on page 38 of Societe Generale’s 2025 Universal Registration Document. The terms “Revenues” or “Net Banking Income” are used interchangeably. They provide a normalised measure of each pillar’s net banking income taking into account the normative capital mobilised for its activity. 3 - Operating expenses Operating expenses correspond to the “Operating Expenses” as presented in note 5 to the Group’s consolidated financial statements as at December 31 st , 2024. The term “costs” is also used to refer to Operating Expenses. The Cost/Income Ratio is defined on page 38 of Societe Generale’s 2025 Universal Registration Document. 4 - Cost of risk in basis points, coverage ratio for doubtful outstandings The cost of risk is defined on pages 39 and 748 of Societe Generale’s 2025 Universal Registration Document. This indicator makes it possible to assess the level of risk of each of the pillars as a percentage of balance sheet loan commitments, including operating leases. In EURm Q4-25 Q4-24 2025 2024 French Retail, Private Banking and Insurance Net Cost Of Risk 198 115 703 712 Gross loan Outstandings 232,638 233,298 232,042 235,539 Cost of Risk in bp 34 20 30 30 Global Banking and Investor Solutions Net Cost Of Risk 109 97 297 126 Gross loan Outstandings 155,040 160,551 164,110 162,749 Cost of Risk in bp 28 24 18 8 Mobility, International Retail Banking & Financial Services Net Cost Of Risk 107 133 489 705 Gross loan Outstandings 143,242 167,911 147,466 167,738 Cost of Risk in bp 30 32 33 42 Corporate Centre Net Cost Of Risk (5) (7) (12) (12) Gross loan Outstandings 26,578 25,730 26,265 24,700 Cost of Risk in bp (8) (11) (4) (5) Societe Generale Group Net Cost Of Risk 409 338 1,477 1,530 Gross loan Outstandings 557,498 587,490 569,882 590,725 Cost of Risk in bp 29 23 26 26 The gross coverage ratio for doubtful outstandings is calculated as the ratio of provisions recognised in respect of the credit risk to gross outstandings identified as in default within the meaning of the regulations, without taking account of any guarantees provided. This coverage ratio measures the maximum residual risk associated with outstandings in default (“doubtful”). 5 - ROE, ROTE, RONE The notions of ROE (Return on Equity) and ROTE (Return on Tangible Equity), as well as their calculation methodology, are specified on pages 39 and 40 of Societe Generale’s 2025 Universal Registration Document. This measure makes it possible to assess Societe Generale’s return on equity and return on tangible equity. RONE (Return on Normative Equity) determines the return on average normative equity allocated to the Group’s businesses, according to the principles presented on page 40 of Societe Generale’s 2025 Universal Registration Document. Starting from Q1 25 results, with restated historical data, normative return to businesses is based on a 13% capital allocation. The Q1 25 allocated capital includes the regulatory impacts related to Basel IV, applicable since 1 January 2025. Group net income used for the ratio numerator is the accounting Group net income adjusted for “Interest paid and payable to holders of deeply subordinated notes and undated subordinated notes, issue premium amortisation”. For ROTE, income is also restated for goodwill impairment. Details of the corrections made to the accounting equity in order to calculate ROE and ROTE for the period are given in the table below: ROTE calculation: calculation methodology End of period (in EURm) Q4 25 Q4 24 2025 2024 Shareholders' equity Group share 70,144 70,256 70,144 70,256 Deeply subordinated and undated subordinated notes (9,366) (10,526) (9,366) (10,526) Interest payable to holders of deeply & undated subordinated notes, issue premium amortisation (1) 14 (25) 14 (25) OCI excluding conversion reserves 259 757 259 757 Distribution provision (2) (2,697) (1,740) (2,697) (1,740) ROE equity end-of-period 58,354 58,722 58,354 58,722 Average ROE equity 58,677 58,204 58,674 57,223 Average Goodwill (3) (4,201) (4,192) (4,185) (4,108) Average Intangible Assets (2,665) (2,883) (2,757) (2,921) Average ROTE equity 51,811 51,129 51,732 50,194 Group net Income 1,420 1,041 6,002 4,200 Interest paid and payable to holders of deeply subordinated notes and undated subordinated notes, issue premium amortisation (191) (199) (720) (720) Adjusted Group net Income 1,228 842 5,282 3,480 ROTE 9.5% 6.6% 10.2% 6.9% 27 28 29 RONE calculation: Average capital allocated to Core Businesses (in EURm) In EURm Q4 25 Q4 24 Change 2025 2024 Change French Retail , Private Banking and Insurance 18,112 16,801 +7.8% 17,750 16,690 +6.3% Global Banking and Investor Solutions 16,589 16,327 +1.6% 17,417 16,332 +6.6% Mobility, International Retail Banking & Financial Services 10,377 11,241 -7.7% 10,701 11,250 -4.9% Core Businesses 45,078 44,378 +1.6% 45,868 44,273 +3.6% Corporate Center 13,598 13,826 -1.6% 12,806 12,950 -1.1% Group 58,677 58,204 +0.8% 58,674 57,223 +2.5% 6 - Net assets and tangible net assets Net assets and tangible net assets are defined in the methodology, page 41 of the Group’s 2025 Universal Registration Document. The items used to calculate them are presented below: 30 31 32 End of period (in EURm) 2025 2024 2023 Shareholders' equity Group share 70,144 70,256 65,975 Deeply subordinated and undated subordinated notes (9,366) (10,526) (9,095) Interest of deeply & undated subordinated notes, issue premium amortisation (1) 14 (25) (21) Book value of own shares in trading portfolio (22) 8 36 Net Asset Value 60,770 59,713 56,895 Goodwill (2) (4,225) (4,207) (4,008) Intangible Assets (2,625) (2,871) (2,954) Net Tangible Asset Value 53,919 52,635 49,933 Number of shares used to calculate NAPS (3) 754,887 796,498 796,244 Net Asset Value per Share 80.5 75.0 71.5 Net Tangible Asset Value per Share 71.4 66.1 62.7 7 - Calculation of Earnings Per Share (EPS) The EPS published by Societe Generale is calculated according to the rules defined by the IAS 33 standard (see pages 40-41 of Societe Generale’s 2025 Universal Registration Document). The corrections made to Group net income in order to calculate EPS correspond to the restatements carried out for the calculation of ROE and ROTE. The calculation of Earnings Per Share is described in the following table: Average number of shares (thousands) 2025 2024 2023 Existing shares 790,605 801,915 818,008 Deductions Shares allocated to cover stock option plans and free shares awarded to staff 2,328 4,402 6,802 Other own shares and treasury shares 12,021 2,344 11,891 Number of shares used to calculate EPS (4) 776,255 795,169 799,315 Group net Income (in EURm) 6,002 4,200 2,493 Interest on deeply subordinated notes and undated subordinated notes (in EURm) (720) (720) (759) Adjusted Group net income (in EURm) 5,282 3,481 1,735 EPS (in EUR) 6.80 4.38 2.17 33 8 - Solvency and leverage ratios Shareholder’s equity, risk-weighted assets and leverage exposure are calculated in accordance with applicable CRR3/CRD6 rules, transposing the final Basel III text, also called Basel IV, including the procedures provided by the regulation for the calculation of phased-in and fully loaded ratios. The solvency ratios and leverage ratio are presented on a pro-forma basis for the current year’s accrued results, net of dividends, unless otherwise stated. 9- Funded balance sheet, loan to deposit ratio The funded balance sheet is based on the Group financial statements. It is obtained in two steps: Insurance: grouping of the accounting items related to insurance within a single aggregate in both assets and liabilities. Customer loans: include outstanding loans with customers (net of provisions and write-downs, including net lease financing outstanding and transactions at fair value through profit and loss); excludes financial assets reclassified under loans and receivables in accordance with the conditions stipulated by IFRS 9 (these positions have been reclassified in their original lines). Wholesale funding: includes interbank liabilities and debt securities issued. Financing transactions have been allocated to medium/long-term resources and short-term resources based on the maturity of outstanding, more or less than one year. Reclassification under customer deposits of the share of issues placed by French Retail Banking networks (recorded in medium/long-term financing), and certain transactions carried out with counterparties equivalent to customer deposits (previously included in short term financing). Deduction from customer deposits and reintegration into short-term financing of certain transactions equivalent to market resources. The Group loan/deposit ratio is determined as the division of the customer loans by customer deposits as presented in the funded balance sheet. NB (1) The sum of values contained in the tables and analyses may differ slightly from the total reported due to rounding rules. (2) All the information on the results for the period (notably: press release, downloadable data, presentation slides and supplement) is available on Societe Generale’s website www.societegenerale.com in the “Investor” section. Societe Generale Societe Generale is a top tier European Bank with around 119,000 employees serving more than 26 million clients in 62 countries across the world. We have been supporting the development of our economies for 160 years, providing our corporate, institutional, and individual clients with a wide array of value-added advisory and financial solutions. Our long-lasting and trusted relationships with the clients, our cutting-edge expertise, our unique innovation, our ESG capabilities and leading franchises are part of our DNA and serve our most essential objective - to deliver sustainable value creation for all our stakeholders. The Group runs three complementary sets of businesses, embedding ESG offerings for all its clients: Committed to building together with its clients a better and sustainable future, Societe Generale aims to be a leading partner in the environmental transition and sustainability overall. The Group is included in the principal socially responsible investment indices: DJSI (Europe), FTSE4Good (Global and Europe), Bloomberg Gender-Equality Index, Refinitiv Diversity and Inclusion Index, Euronext Vigeo (Europe and Eurozone), STOXX Global ESG Leaders indexes, and the MSCI Low Carbon Leaders Index (World and Europe). In case of doubt regarding the authenticity of this press release, please go to the end of the Group News page on societegenerale.com website where official Press Releases sent by Societe Generale can be certified using blockchain technology. A link will allow you to check the document’s legitimacy directly on the web page. For more information, you can follow us on Twitter/X @societegenerale or visit our website societegenerale.com . 1 Excluding asset disposals 2 Based on the 2025 Group net income restated for non-cash items that have no impact on the CET1 ratio and after deduction of interest on deeply subordinated notes and undated subordinated notes 3 Considering the number of outstanding shares (excluding treasury shares) as of 31 January 2026 regarding the final dividend, and as of 7 October 2025 for the interim dividend 4 Interim dividend paid on 9 October 2025 5 Ex-dividend on 1 June 2026 and payment on 3 June 2026 6 Following the recommendation of the Nomination and Corporate Governance Committee 7 Ratio calculated according to EBA methodology published on 16 July 2019 8 Ratio excluding loans outstanding of companies currently being disposed of in compliance with IFRS 5 9 Ratio of S3 provisions, guarantees and collaterals over gross outstanding non-performing loans 10 Based on the consolidated financial statements for Ayvens 11 Excluding used car sales (UCS) result and other non-recurring items 12 The share buy-back programme and the subsequent capital reduction are also and primarily intended to fully offset the dilutive impact of the future capital increase as part of the next Global Employee Share Ownership Programme, the principle of which was approved by the Board of Directors on February 5, 2026 13 Considering the number of outstanding shares (excluding treasury shares) as of 31 January 2026 regarding the final dividend, and as of 7 October 2025 for the interim dividend 14 Start of the share buy-back on 9 February 2026 at the earliest, with execution possible provided that the share buy-back for cancellation purpose announced on 17 November 2025 is finalised and that the SG share price is less than or equal to the maximum purchase price per share of EUR 75 set by the Annual General Meeting of Shareholders (AGM) on 20 May 2025 (see Resolution 19) and also presented in the description of the share buy-back programme published on 21 November 2025 . It will be proposed to the AGM on 27 May 2026 to increase the maximum purchase price per share 15 Restated for non-cash items with no impact on the CET1 ratio and after deduction of interest on TSS and TSDI 16 Oil and gas sector and power generation sector 17 Including Basel IV phasing 18 Excluding asset disposals (Switzerland and the United Kingdom) 19 Asset under Administration include deposits and financial assets 20 +4.2% excluding short-term hedges 21 +3.1% excluding short-term hedges 22 Ayvens’ revenues at SG level 23 Excluding the impact of prospective impairments and the PPA 24 Excluding non-recurring items, mainly the agreement with the Lincoln Consortium, breakage costs and hyperinflation in Turkey 25 As communicated in Ayvens Q4 25 results (excluding used car sales result and non-recurring items) vs. 63.2% in 2024 26 Except for operations in the Czech Republic and Slovakia 27 Interest net of tax 28 For the ROTE calculation, the amount of provision for distribution to be retained (EUR 2,697m) corresponds to the total proposed ordinary distribution amount (EUR 2,679m) minus the interim dividend of EUR 469m paid on 9 October 2025 plus the remaining portion of the additional share buy-back to be finalised as of 31 December 2025 (EUR 487m) related to the EUR 1 billion programme announced on 17 November 2025 29 Excluding goodwill arising from non-controlling interests 30 Interest net of tax 31 Excluding goodwill arising from non-controlling interests 32 The number of shares considered is the number of shares outstanding as at end of period, excluding treasury shares and buy-backs, but including the trading shares held by the Group (expressed in thousands of shares) 33 The number of shares considered is the average number of shares outstanding during the period, excluding treasury shares and buy-backs, but including the trading shares held by the Group (expressed in thousand of shares) Attachment

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