Agenda. 1. Who? 2. How? 2.1 Private Banking 2.2 Institutional Asset Management 2.3 Investment Banking 2.4 Asset services 3. Why? 4.

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1 Degroof Petercam

2 Agenda 1. Who? 2. How? 2.1 Private Banking 2.2 Institutional Asset Management 2.3 Investment Banking 2.4 Asset services 3. Why? 4. In short 2

3 3 Who? How? Why? In short

1.0 The group Our origins Focus on client,

roots with an international presence Stable

4 1.0 The group Our origins Focus on client, quality and expertise Distinctive business model creating synergies for our private, institutional and corporate clients Belgian roots with an international presence Stable family shareholdership A history dating back more than 100 years 4

5 1.0 Key figures* 140 years Experience and solid results 8.3 billion euro Size balance sheet ca 1,371 Professionals 8 countries International presence ca 54.8 billion euro Assets under Management 17.1 % Capital ratio (CET1) 5 * 31 December 2017

6 6 Who? How? Why? In short

7 2.0 Empowering clients to realize their ambitions Client focus is our DNA Any client who has the ambition to move ahead, today and tomorrow: + Private investors and families Corporates Family business owners Institutional investors Financial service companies And others 7

2.0 Offering a complementary range of services Private Banking Built for synergy, united for strength Servicing private investors and families with Asset management Estate planning Credits Family

8 2.0 Offering a complementary range of services Private Banking Built for synergy, united for strength Servicing private investors and families with Asset management Estate planning Credits Family office Investment banking Servicing corporates in their financial needs Corporate finance Capital markets Credits Sell-side research Private Equity Institutional asset management Institutional mandates Investment funds Investment solutions Buy-side research Asset services Fund administration Custody services 8

9 2.0 Strong market share 60 Over 54 billion euro of AUM Assets under management* (in billion euro *) AUM at 54.8 billion euro and up both through market effect and net inflow in third party fund distribution Reflection of strong performance and high level of expertise 0 Private investor Institutional investors Third-party holders of UCI Third-party management Total AUM * net figures, no double counting 9

10 2.1 Private banking: more than ever Guiding your assets through complex times Market Volatility Interest rate environment Real estate cycles Need for private banking services Fiscal and Fiscal and regulatory changes regulatory Low economic growth Succession planning 10

11 2.1 Private banking: what do we offer? Expertise for specialized needs 11 Our expertise Macroeconomics Investment strategy Investment instruments Estate planning Wealth management and family office services Real estate Credits Private equity International Estate Planning Services Art advisory service A broad range of expertise and services for our clients wealth Management types Discretionary management Investment advice Social commitment Philanthropy Impact investing Socially responsible investment Family Business Owners Support for family business owners Ownership structure Governance

12 2.1 Private banking: how do we work? Our methodology, based on our clients objectives Investment characteristics 1 Client Understanding our clients personal and financial situation and objectives 3 Portfolio composition Risk appetite Expected return Investment horizon Volatility Teams of experts Macroeconomics and strategy Asset allocation Asset selection Management types 2 Investment approach A strategy based on investment solutions and services that adjust to the various stages and changes in your life Discretionary management Investment advice 12

2.2 Institutional asset management Independent

WITH ITS ORIGINS IN 1871 PIONEER IN SUSTAINABLE

Active ownership and ESG across asset classes and

Europe PROPRIETARY fundamental and quantitive

SRI analyst teams PERFORMANCE-DRIVEN, centralized

13 2.2 Institutional asset management Independent active asset manager part of a family owned GROUP WITH ITS ORIGINS IN 1871 PIONEER IN SUSTAINABLE INVESTING since Active ownership and ESG across asset classes and themes CLIENT-DRIVEN, creating long-term partnerships with our customers with an international network of 8 local offices across Europe PROPRIETARY fundamental and quantitive research provided by in-house Credit, Equity and SRI analyst teams PERFORMANCE-DRIVEN, centralized asset management in Brussels and Paris EXPERIENCED MANAGEMENT TEAMS supported by in-house Buy Side Research Team. 13

14 2.2 Institutional asset management Investment solutions funds.degroofpetercam.com Fundamental Equity Fixed Income Quantitative Equity Multi Assets European EMU/Europe Small Caps Belgium Dividend Europe Dividend World Dividend Government Bonds Euro Global Inflation-Linked OECD Government Sustainable IG Corporate Bonds Euro Investment Grade Euro IG Sustainable Active management Behavioral Value EMU/ Europe / US US Dividend Yield Index management EMU US World Global Balanced & Pension savings Pension Saving funds Global Balanced Global Balanced Sustainable Patrimonial Patrimonial Responsible Investment 14 Listed Real Estate Europe EMU Dividend Sustainable & thematic Europe World NEWGEMS FOOD Trends High Yield Corporate Bonds Euro High Yield Global High Yield Emerging Market Bonds EMD Sustainable Aggregate Global Unconstrained Flexible allocation Income solutions Global Target Income

15 2.2 Institutional asset management Breakdown by client type ( ) 41% Market share Belgian Pension Funds (in number) Gross Assets under management Dec 2015 Dec 2016 Dec % 11% 4% 1% 5% 3% 2% 5% 2% Institutional mandates 19% 43% Corporate Pension Funds Insurance Companies Universities Private Clients structures Public Pension Funds Corporates Religious organisations Public Sector Entities Sector Pension Funds Not-for-Profit Organisations Foundations Investment Funds, incl White Labelled Funds Institutional Mandates 15

16 2.3 Investment banking Corporate finance Corporate finance: financial advisory services for companies and shareholders Mergers & Acquisitions Equity Capital Markets Debt Capital Markets Advisory Services Sell-side / Buy-side Partnerships and strategic consolidations Takeover bids, squeezeouts, etc. Initial public offerings Secondary offerings Private placements Block trades Private equity fund raisings Public placements Private placements Debt advisory Fairness opinions Valuations Shareholder restructuring Stock option plans 16

17 2.3 Investment banking Financial markets Full financial service package for our clients Capital Markets Financial research Credits Private equity Broker on 21 markets Involvement in numerous initial and secondary public offerings with top performance in real estate and life sciences One of the largest sell-side analyst teams covering 120 companies in the Benelux Credits and structured finance as additional service to Belgian, Luxembourg, French and Spanish clients Awarded as Best Belgian liquidity provider 8 consecutive times (Euronext) Successful closings of private equity funds and projects 17

18 2.4 Asset services Designing and managing investment vehicles Fund administration & custody services Administrative Agent Domiciliary Agent Registrar and Transfer Agent Custodian Value-added services AIFM and UCITS Management company Consulting Drafting of regulatory documentation Registration for cross-border distribution Compliance 18

19 2.4 Asset services One stop shop UCITS & AIFM management company services Custody services Domiciliary agent Administrative agent Registrar and transfer agent Investment Management Central Administration Safekeeping of assets Transaction settlement Corporate actions Shareholder & board meetings Legal documentation updates Fund accounting Reporting to supervisors, auditors, investors Managing shareholder registration Identification of shareholders Distribution & marketing Risk Management Income collection Tax reclaim Ex-post compliance Financial and fiscal information Dissemination of fund data Cash payments related to shareholder activity 19 Depending on the context part of responsibilities can be delegated to third parties

20 20 Who? What? Why? In short

21 3.1 Because of our financial solidity Stable operational profit level ( ) Revenue per business line 14% 12% Key figures 74% Asset Management Corporate Finance and Credit & Structured Finance Financial Markets Conservative balance sheet: Capital ratio (CET1): 17% Liquidity score (LCR) > 100% No intrafinancial loans Diversified sources of income EUR mio Gross operating result Consolidated net income FTE 1,371 1,352 21

22 3.2 Because of our stable shareholdership Long term family based shareholdership ( ) DSDC* Petercam Invest* Staff Others 51.46% 20.84% 7.60% 17.08% * Family and reference shareholders (acting in concert) DSDC: Philippson, Haegelsteen, Schockert and Siaens families, CLdN Finance and Cobepa Petercam Invest: Peterbroeck and Van Campenhout families Bank Degroof Petercam nv sa 22

23 3.3 Because we continuously invest in in-house expertise Extensive expertise macro-economists Market Volatility buy-side analysts sell-side analysts Globalized economy Interest rate environment fixed income specialists credit specialists third party fund research fund and portfolio managers private bankers and estate planners LT and durable investment advice Low economic growth investment bankers and traders private equity specialists experts in philanthropy, family office and art banking 23

24 3.3 Because we continuously invest in support and control capabilities Extensive expertise Fiscal & Regulatory Change Digitalization Competitive landcape Clients & Society compliance, audit & risk management finance support legal expertise digital natives marketing & communication support talent management Sound framework for our organization 24

Private Banking Institutional Asset Management Investment Banking Asset Services Private Banking Institutional Asset Management Institutional Asset Management Investment Banking Institutional Asset

25 Private Banking Institutional Asset Management Investment Banking Asset Services Private Banking Institutional Asset Management Institutional Asset Management Investment Banking Institutional Asset Management Private Banking 3.4 Because of our international network Present in 8 countries with an ambition to grow in Europe Private Banking Institutional Asset Management Investment Banking Investment Banking 25 Institutional Asset Management Institutional Asset Management including the branches in Germany, Italy and Netherlands FTE Belgium* 857 Luxemburg 326 Switzerland 22 France 103 Spain 64

26 3.5 Because of our proximity 11 local offices in Belgium Knokke Antwerpen Gent Leuven Hasselt Brussels Kortrijk Wavre Liège Namur Charleroi 26

27 3.6 Because of our strong values Degroof Petercam empowers clients to achieve their ambitions, today and tomorrow 27

28 3.7 Because of our humane approach to finance Sustainable and responsible offering Degroof Petercam Foundation Our philantropic organization to support our societal role Tailored support Advice on the creation of foundations and other philanthropic initiatives Expertise on the management of foundations Networking with other philanthropists Investments with social impact Responsible funds and mandates combing financial return and impact on society 28

Equities and Fixed Income Fund awards De Tijd/L Echo, Extel, La Libre Belgique / De Standaard,

29 3.8 Because of our know how endorsed by multiple awards Private Banking Best Private Bank in Belgium Euromoney (2 years) Asset Management Super Award De Tijd/L Echo Best asset manager in Equities and Fixed Income Fund awards De Tijd/L Echo, Extel, La Libre Belgique / De Standaard, Thomson Reuters Lipper, Morningstar Financial Markets Best liquidity provider Euronext (8 years) 29

30 30 Who? How? Why? In short

31 4.1 Degroof Petercam The right partner Closeby Regional and international Accessible From relationship managers to executives Talented Investing heavily in research teams Client-focused Tailor made solutions and no unnecessary complexity Stable Shareholdership and balance sheet structure Sustainable In-house knowhow, solutions and strategy Social Humane finance as part of our DNA 31

Excellence We favor pragmatic and efficient answers to specific client issues over standard solutions.

32 4.2 Degroof Petercam The right partner It s not the size of our company that makes us great, but our values and the proximity of our experts. Excellence We favor pragmatic and efficient answers to specific client issues over standard solutions. The right scale Clientcentric Family Business Owners, SME s and Midcaps are offered a local alternative for universal actors and benefit from multidisciplinary services 32

Head HEAD Office OFFICE Belgium Belgium Regional offices Nijverheidsstraat Rue de l Industrie 44 1040 Brussels /company/degroofpetercam CH Place de l Université 8 1205 Genève +41 22 929 72 11 FR Rue

33 Head HEAD Office OFFICE Belgium Belgium Regional offices Nijverheidsstraat Rue de l Industrie Brussels /company/degroofpetercam CH Place de l Université Genève FR Rue de Lisbonne 44, F Paris Belgium @bdp_fr DE Mainzer Landstrasse Frankfurt am Main IT Via Monte di Pietà 21, Milano degroofpetercam.com blog.degroofpetercam.com funds.degroofpetercam.com ES Plaza del Ayuntamiento Valencia Avenida Diagonal Barcelona Paseo de la Castellana 141, Planta Madrid LU NL Zone d'activité La Cloche d'or 12, rue Eugène Ruppert 2453 Luxembourg De Entree 238 A, 7 th Floor 1101 EE Amsterdam

34 Thank you. Thank you. 34 corporate presentation

Competence Center Professional Wealth for Private Banking

Competence Center Professional Wealth for Private Banking Dedicated Partner for Leading Professionals Deloitte Finance Forum 2018 17th May 2018 1 Our World Your wealth Degroof Petercam 1. Our World Historical