BNP Paribas Group: 2026 SREP NOTIFICATION

What happened: BNP Paribas received the ECB notification of the outcome of the 2026 Supervisory Review and Evaluation Process (SREP), which sets the Group's capital requirements and leverage ratio on a consolidated basis as of 1 January 2027. Key numbers: P2R is 1.90%, up 17 basis points versus 2025 SREP, including 1.07% in CET1. Why it matters: The P2R impact on the CET1 requirement is limited to 2 basis points versus the 2025 SREP and does not affect the Group's CET1 trajectory. BNP Paribas expects its CET1 ratio to be above 13% as of 31 December 2026.

BNP Paribas received the ECB notification of the outcome of the 2026 Supervisory Review and Evaluation Process (SREP), which sets the Group's capital requirements and leverage ratio on a consolidated basis as of 1 January 2027.

The P2R impact on the CET1 requirement is limited to 2 basis points versus the 2025 SREP and does not affect the Group's CET1 trajectory. BNP Paribas expects its CET1 ratio to be above 13% as of 31 December 2026.