Societe Generale : Société Générale SFH HTT Covered Bond Label Reporting 31 05 2024

Harmonised Transparency Template

2024 Version

France

Société Générale SFH

Reporting Date: 31/05/24

Cut-off Date: 31/05/24

Index

Worksheet A: HTT General

Worksheet B1: HTT Mortgage Assets

Worksheet C: HTT Harmonised Glossary

Worksheet E: Optional ECB-ECAIs data

A. Harmonised Transparency Template - General Information

HTT 2024

Reporting in Domestic Currency

CONTENT OF TAB A

1. 1. Basic Facts

   2. Regulatory Summary

   3. General Cover Pool / Covered Bond Information

2. References to Capital Requirements Regulation (CRR) 129(7)
3. References to Capital Requirements Regulation (CRR) 129(1)
   6. Other relevant information

EUR

`

Field	1. Basic Facts
Number
G.1.1.1	Country	France
G.1.1.2	Issuer Name	Société Générale SFH
G.1.1.3	Labelled Cover Pool Name	Societe Generale SFH
G.1.1.4	Link to Issuer's Website	https://investors.societegenerale.com/fr/informations-financieres-et-extra-financiere/investisseurs-dette
G.1.1.5	Cut-off date	31/05/24
	2. Regulatory Summary
G.2.1.1	Basel Compliance, subject to national jursdiction (Y/N)	Y
G.2.1.2	CBD Compliance	Y
G.2.1.3	CRR Compliance (Y/N)	Y
OG.2.1.1	LCR status	http://www.ecbc.eu/legislation/list
	3. General Cover Pool / Covered Bond Information
	1.General Information	Nominal (mn)
G.3.1.1	Total Cover Assets	53,325.5
G.3.1.2	Outstanding Covered Bonds	43,640.0
	2. Over-collateralisation (OC)	Statutory	Voluntary	Contractual	Purpose
					"Statutory" OC: As mentioned in SFH law.
G.3.2.1	OC (%)	5.0%	13.7%	8.5%	"Contractual" OC is the OC in order to
					reassure Rating Agencies.
G.3.2.3	Total OC (absolute value in mn)	9,685.5
	3. Cover Pool Composition	Nominal (mn)		% Cover Pool
G.3.3.1	Mortgages	52,368.4		98.2%
G.3.3.2	Public Sector	0.0		0.0%
G.3.3.3	Shipping
G.3.3.4	Substitute Assets	957.1		1.8%
G.3.3.5	Other
G.3.3.6	Total	53,325.5		100.0%
	4. Cover Pool Amortisation Profile	Contractual	Expected Upon Prepayments	% Total Contractual	% Total Expected Upon Prepayments
G.3.4.1	Weighted Average Life (in years)	7.9	6.8
	Residual Life (mn)
	By buckets:
G.3.4.2	0 - 1 Y	3,994.4	5,207.8	7.6%	10.0%
G.3.4.3	1 - 2 Y	4,019.3	5,003.0	7.7%	9.6%
G.3.4.4	2 - 3 Y	3,955.1	4,722.0	7.6%	9.0%
G.3.4.5	3 - 4 Y	3,830.2	4,398.7	7.3%	8.4%
G.3.4.6	4 - 5 Y	3,686.2	4,074.6	7.0%	7.8%
G.3.4.7	5 - 10 Y	15,700.4	15,629.1	30.0%	29.9%
G.3.4.8	10+ Y	17,150.0	13,300.4	32.8%	25.4%
G.3.4.9	Total	52,335.5	52,335.5	100.0%	100.0%
	5. Maturity of Covered Bonds	Initial Maturity	Extended Maturity	% Total Initial Maturity	% Total Extended Maturity
G.3.5.1	Weighted Average life (in years)	5.4	6.4

	Maturity (mn)
G.3.5.2	By buckets:
G.3.5.3	0 - 1 Y	2,290.0	0.0	5.2%	0.0%
G.3.5.4	1 - 2 Y	4,250.0	2,290.0	9.7%	5.2%
G.3.5.5	2 - 3 Y	5,500.0	4,250.0	12.6%	9.7%
G.3.5.6	3 - 4 Y	4,500.0	5,500.0	10.3%	12.6%
G.3.5.7	4 - 5 Y	4,000.0	4,500.0	9.2%	10.3%
G.3.5.8	5 - 10 Y	20,500.0	21,500.0	47.0%	49.3%
G.3.5.9	10+ Y	2,600.0	5,600.0	6.0%	12.8%
G.3.5.10	Total	43,640.0	43,640.0	100.0%	100.0%
	6. Cover Assets - Currency	Nominal [before hedging] (mn)	Nominal [after hedging] (mn)	% Total [before]	% Total [after]
G.3.6.1	EUR	52,368.4	52,368.4	100.0%	100.0%
G.3.6.2	AUD
G.3.6.3	BRL
G.3.6.4	CAD
G.3.6.5	CHF
G.3.6.6	CZK
G.3.6.7	DKK
G.3.6.8	GBP
G.3.6.9	HKD
G.3.6.10	ISK
G.3.6.11	JPY
G.3.6.12	KRW
G.3.6.13	NOK
G.3.6.14	PLN
G.3.6.15	SEK
G.3.6.16	SGD
G.3.6.17	USD
G.3.6.18	Other
G.3.6.19	Total	52,368.4	52,368.4	100.0%	100.0%
	7. Covered Bonds - Currency	Nominal [before hedging] (mn)	Nominal [after hedging] (mn)	% Total [before]	% Total [after]
G.3.7.1	EUR	43,640.0	43,640.0	100.0%	100.0%
G.3.7.2	AUD
G.3.7.3	BRL
G.3.7.4	CAD
G.3.7.5	CHF
G.3.7.6	CZK
G.3.7.7	DKK
G.3.7.8	GBP
G.3.7.9	HKD
G.3.7.10	ISK
G.3.7.11	JPY
G.3.7.12	KRW
G.3.7.13	NOK
G.3.7.14	PLN
G.3.7.15	SEK
G.3.7.16	SGD
G.3.7.17	USD
G.3.7.18	Other
G.3.7.19	Total	43,640.0	43,640.0	100.0%	100.0%
	8. Covered Bonds - Breakdown by interest rate	Nominal [before hedging] (mn)	Nominal [after hedging] (mn)	% Total [before]	% Total [after]
G.3.8.1	Fixed coupon	43,550.0	43,550.0	99.8%	99.8%
G.3.8.2	Floating coupon	90.0	90.0	0.2%	0.2%
G.3.8.3	Other	0.0	0.0	0.0%	0.0%
G.3.8.4	Total	43,640.0	43,640.0	100.0%	100.0%
	9. Substitute Assets - Type	Nominal (mn)		% Substitute Assets
G.3.9.1	Cash	187.1		19.5%
G.3.9.2	Exposures to/guaranteed by Supranational, Sovereign, Agency (SSA)

G.3.9.3	Exposures to central banks
G.3.9.4	Exposures to credit institutions	770.0	80.5%
G.3.9.5	Other
G.3.9.6	Total	957.1	100.0%
	10. Substitute Assets - Country	Nominal (mn)	% Substitute Assets
G.3.10.1	Domestic (Country of Issuer)	957.1	100.0%
G.3.10.2	Eurozone
G.3.10.3	Rest of European Union (EU)
G.3.10.4	European Economic Area (not member of EU)
G.3.10.5	Switzerland
G.3.10.6	Australia
G.3.10.7	Brazil
G.3.10.8	Canada
G.3.10.9	Japan
G.3.10.10	Korea
G.3.10.11	New Zealand
G.3.10.12	Singapore
G.3.10.13	US
G.3.10.14	Other
G.3.10.15	Total EU	957.1	100.0%
G.3.10.16	Total	957.1	100.0%
	11. Liquid Assets	Nominal (mn)	% Cover Pool	% Covered Bonds
G.3.11.1	Substitute and other marketable assets	957.1	1.8%	2.2%
G.3.11.2	Central bank eligible assets	2,551.9	4.8%	5.8%
G.3.11.3	Other
G.3.11.4	Total	3,509.0	6.6%	8.0%
	12. Bond List
G.3.12.1	Bond list	https://coveredbondlabel.com/issuer/83/
	13. Derivatives & Swaps
G.3.13.1	Derivatives in the register / cover pool [notional] (mn)	0.0
G.3.13.2	Type of interest rate swaps (intra-group, external or both)	Intra-group
G.3.13.3	Type of currency rate swaps (intra-group, external or both)	Intra-group
	14. Sustainable or other special purpose strategy
G.3.14.1	Is sustainability based on sustainable assets not present in the cover	No
pool?
G.3.14.2	Who has provided Second Party Opinion
G.3.14.3	Further details on proceeds strategy
G.3.14.4	Is sustainability based on sustainable collateral assets present in the	Yes
cover pool?
G.3.14.5	If yes. Further details are available in Tab F	F1. Tab
G.3.14.6	Is sustainability based on other criteria?	No
G.3.14.7	If yes, please provide frurther details
	4. Compliance Art 14 CBD Check table	Row	Row

The issuer believes that, at the time of its issuance and based on transparency data made publicly available by the issuer, these covered bonds would satisfy the eligibility criteria for Article 129(7) of the Capital Requirements Regulation (EU) 575/2013. It should be noted, however, that

whether or not exposures in the form of covered bonds are eligible to preferential treatment under Regulation (EU) 575/2013 is ultimately a matter to be determined by a relevant investor institution and its relevant supervisory authority and the issuer does not accept any responsibility in this regard.

G.4.1.1	(a)	Value of the cover pool total assets:	39
G.4.1.2	(a)	Value of outstanding covered bonds:	40
G.4.1.3	(b)	List of ISIN of issued covered bonds:	Societe Generale SFH :: Covered Bond Label
G.4.1.4	(c)	Geographical distribution:	43 for Mortgage Assets
G.4.1.5		(c)	Type of cover assets:	55
G.4.1.6			(c)	Loan size:	186 for Residential Mortgage Assets	286 for Commercial Mortgage Assets
G.4.1.7		(c)	Valuation Method:	HG.1.15
G.4.1.8	(d)	Interest rate risk - cover pool:	149 for Mortgage Assets
G.4.1.9	(d)	Currency risk - cover pool:	114
G.4.1.10	(d)		Interest rate risk - covered bond:	166
G.4.1.11	(d)	Currency risk - covered bond:	140
G.4.1.12	(d)	Liquidity Risk - primary assets cover pool:

G.4.1.13		(d)	Credit Risk:	215 LTV Residential Mortgage	147 for Public Sector Asset - type of
	debtor
G.4.1.14		(d)	Market Risk:	230 Derivatives and Swaps
G.4.1.15		(d)	Hedging Strategy	18 for Harmonised Glossary
G.4.1.16	(e)	Maturity Structure - cover assets:	68
G.4.1.17	(e)	Maturity Structure - covered bond:	91
G.4.1.18	(e)	Overview maturity extension triggers:	HG 1.7
G.4.1.19		(f)	Levels of OC:	44
G.4.1.20	(g)	Percentage of loans in default:	179 for Mortgage Assets
OG.4.1.1
OG.4.1.2
OG.4.1.3
	5. References to Capital Requirements Regulation (CRR)
			129(1)
G.5.1.1	Exposure to credit institute credit quality step 1
G.5.1.2	Exposure to credit institute credit quality step 2	957.1
G.5.1.3	Exposure to credit institute credit quality step 3
OG.5.1.1
OG.5.1.2
OG.5.1.3
OG.5.1.4
	6. Other relevant information
	1. Optional information e.g. Rating triggers
OG.6.1.1		NPV Test (passed/failed)
OG.6.1.2	Interest Covereage Test (passe/failed)
OG.6.1.3		Cash Manager
OG.6.1.4		Account Bank
OG.6.1.5		Stand-by Account Bank
OG.6.1.6			Servicer
OG.6.1.7		Interest Rate Swap Provider
OG.6.1.8		Covered Bond Swap Provider
OG.6.1.9		Paying Agent

B1. Harmonised Transparency Template - Mortgage Assets

HTT 2024

Reporting in Domestic Currency

CONTENT OF TAB B1

7. Mortgage Assets 7.A Residential Cover Pool 7.B Commercial Cover Pool

EUR

Field	7. Mortgage Assets
Number
	1. Property Type Information	Nominal (mn)		% Total Mortgages
M.7.1.1	Residential	52,368.4		100.0%
M.7.1.2	Commercial
M.7.1.3	Other
M.7.1.4	Total	52,368.4		100.0%
	2. General Information	Residential Loans	Commercial Loans	Total Mortgages
M.7.2.1	Number of mortgage loans	407,699.00		407,699
	3. Concentration Risks	% Residential Loans	% Commercial Loans	% Total Mortgages
M.7.3.1	10 largest exposures	0.01%		0.01%
	4. Breakdown by Geography	% Residential Loans	% Commercial Loans	% Total Mortgages
M.7.4.1	European Union	100.0%		100.0%
M.7.4.2	Austria
M.7.4.3	Belgium
M.7.4.4	Bulgaria
M.7.4.5	Croatia
M.7.4.6	Cyprus
M.7.4.7	Czechia
M.7.4.8	Denmark
M.7.4.9	Estonia
M.7.4.10	Finland
M.7.4.11	France	100.0%		100.0%
M.7.4.12	Germany
M.7.4.13	Greece
M.7.4.14	Netherlands
M.7.4.15	Hungary
M.7.4.16	Ireland
M.7.4.17	Italy
M.7.4.18	Latvia

M.7.4.19	Lithuania
M.7.4.20	Luxembourg
M.7.4.21	Malta
M.7.4.22	Poland
M.7.4.23	Portugal
M.7.4.24	Romania
M.7.4.25	Slovakia
M.7.4.26	Slovenia
M.7.4.27	Spain
M.7.4.28	Sweden
M.7.4.29	European Economic Area (not member of EU)	0.0%		0.0%
M.7.4.30	Iceland
M.7.4.31	Liechtenstein
M.7.4.32	Norway
M.7.4.33	Other	0.0%		0.0%
M.7.4.34	Switzerland
M.7.4.35	United Kingdom
M.7.4.36	Australia
M.7.4.37	Brazil
M.7.4.38	Canada
M.7.4.39	Japan
M.7.4.40	Korea
M.7.4.41	New Zealand
M.7.4.42	Singapore
M.7.4.43	US
M.7.4.44	Other
	5. Breakdown by regions of main country of origin	% Residential Loans	% Commercial Loans	% Total Mortgages
M.7.5.1	Auvergne-Rhône-Alpes	11.1%		11.1%
M.7.5.2	Bourgogne-Franche-Comté	1.4%		1.4%
M.7.5.3	Bretagne	2.6%		2.6%
M.7.5.4	Centre-Val de Loire	2.1%		2.1%
M.7.5.5	Corse	0.6%		0.6%
M.7.5.6	DOM-TOM	0.3%		0.3%
M.7.5.7	Grand Est	3.4%		3.4%
M.7.5.8	Hauts-de-France	10.3%		10.3%
M.7.5.9	Ile-de-France	35.6%		35.6%
M.7.5.10	Normandie	4.5%		4.5%
M.7.5.11	Nouvelle-Aquitaine	7.1%		7.1%
M.7.5.12	Occitanie	7.3%		7.3%
M.7.5.13	Pays de la Loire	3.5%		3.5%
M.7.5.14	Provence-Alpes-Côte d'Azur	10.3%		10.3%

	6. Breakdown by Interest Rate	% Residential Loans	% Commercial Loans	% Total Mortgages
M.7.6.1	Fixed rate	99.6%		99.6%
M.7.6.2	Floating rate	0.4%		0.4%
M.7.6.3	Other	0.0%		0.0%
	7. Breakdown by Repayment Type	% Residential Loans	% Commercial Loans	% Total Mortgages
M.7.7.1	Bullet / interest only	0.0%		0.0%
M.7.7.2	Amortising	100.0%		100.0%
M.7.7.3	Other	0.0%		0.0%
	8. Loan Seasoning	% Residential Loans	% Commercial Loans	% Total Mortgages
M.7.8.1	Up to 12months	2.2%		2.2%
M.7.8.2	> 12 - ≤ 24 months	6.9%		6.9%
M.7.8.3	> 24 - ≤ 36 months	18.8%		18.8%
M.7.8.4	> 36 - ≤ 60 months	31.8%		31.8%
M.7.8.5	> 60 months	40.4%		40.4%
	9. Non-Performing Loans (NPLs)	% Residential Loans	% Commercial Loans	% Total Mortgages
M.7.9.1	% NPLs	0.0%		0.0%
M.7.9.2	Defaulted Loans pursuant Art 178 CRR	0.0%		0.0%
OM.7.9.1
OM.7.9.2
OM.7.9.3
	7.A Residential Cover Pool
	10. Loan Size Information	Nominal	Number of Loans	% Residential Loans	% No. of Loans
M.7A.10.1	Average loan size (000s)	128.4
	By buckets (mn):
M.7A.10.2	> 0 - <= 0.2	28,174.7	324,386	53.8%	79.6%
M.7A.10.3	> 0.2 - <= 0.4	20,169.5	74,294	38.5%	18.2%
M.7A.10.4	> 0.4 - <= 0.6	4,022.2	9,016	7.7%	2.2%
M.7A.10.5	> 0.6 - <= 0.8	1.8	3	0.0%	0.0%
M.7A.10.6	> 0.8 - <= 1	0.0	0	0.0%	0.0%
M.7A.10.7	> 1	0.0	0	0.0%	0.0%
M.7A.10.8
M.7A.10.9
M.7A.10.10

M.7A.10.11

M.7A.10.12

M.7A.10.13

M.7A.10.14

M.7A.10.15
M.7A.10.16
M.7A.10.17
M.7A.10.18
M.7A.10.19
M.7A.10.20
M.7A.10.21
M.7A.10.22
M.7A.10.23
M.7A.10.24
M.7A.10.25
M.7A.10.26		Total	52,368.4	407,699	100.0%	100.0%
	11. Loan to Value (LTV) Information - UNINDEXED		Nominal	Number of Loans	% Residential Loans	% No. of Loans
M.7A.11.1	Weighted Average LTV (%)		66.0%
	By LTV buckets (mn):
M.7A.11.2	>0 - <=40 %		8,068.1	131,011	15.4%	32.1%
M.7A.11.3	>40 - <=50 %		5,140.2	46,570	9.8%	11.4%
M.7A.11.4	>50 - <=60 %		6,155.3	47,304	11.8%	11.6%
M.7A.11.5	>60 - <=70 %		6,962.3	46,267	13.3%	11.3%
M.7A.11.6	>70 - <=80 %		8,373.9	48,484	16.0%	11.9%
M.7A.11.7	>80 - <=90 %		10,110.6	51,380	19.3%	12.6%
M.7A.11.8	>90 - <=100 %		6,838.4	32,669	13.1%	8.0%
M.7A.11.9	>100%		719.7	4,014	1.4%	1.0%
M.7A.11.10		Total	52,368.4	407,699	100.0%	100.0%
	12. Loan to Value (LTV) Information - INDEXED		Nominal	Number of Loans	% Residential Loans	% No. of Loans
M.7A.12.1	Weighted Average LTV (%)		57.9%
	By LTV buckets (mn):
M.7A.12.2	>0 - <=40 %		12,279.4	173,937	23.4%	42.7%
M.7A.12.3	>40 - <=50 %		6,931.9	54,358	13.2%	13.3%
M.7A.12.4	>50 - <=60 %		7,641.8	50,256	14.6%	12.3%
M.7A.12.5	>60 - <=70 %		8,251.5	46,937	15.8%	11.5%
M.7A.12.6	>70 - <=80 %		7,543.1	38,480	14.4%	9.4%
M.7A.12.7	>80 - <=90 %		5,855.0	26,919	11.2%	6.6%
M.7A.12.8	>90 - <=100 %		3,865.6	16,812	7.4%	4.1%
M.7A.12.9	>100%		0.0	0	0.0%	0.0%
M.7A.12.10		Total	52,368.4	407,699	100.0%	100.0%
	13. Breakdown by type		% Residential Loans
M.7A.13.1	Owner occupied		78.0%
M.7A.13.2	Second home/Holiday houses		4.3%
M.7A.13.3	Buy-to-let/Non-owner occupied		17.7%

M.7A.13.4	Subsidised housing	0.0%
M.7A.13.5	Agricultural	0.0%
M.7A.13.6	Other
	14. Loan by Ranking	% Residential Loans
M.7A.14.1	1st lien / No prior ranks	0.0%
M.7A.14.2	Guaranteed	100.0%
M.7A.14.3	Other	0.0%
	15. EPC Information of the financed RRE - optional	Nominal (mn)	Number of dwellings	% Residential Loans	% No. of Dwellings
M.7A.15.1	TBC at a country level
M.7A.15.2	TBC at a country level
M.7A.15.3	TBC at a country level
M.7A.15.4	TBC at a country level
M.7A.15.5	TBC at a country level
M.7A.15.6	TBC at a country level
M.7A.15.7	TBC at a country level
M.7A.15.8	TBC at a country level
M.7A.15.9	TBC at a country level
M.7A.15.10	TBC at a country level
M.7A.15.11	TBC at a country level
M.7A.15.12	TBC at a country level
M.7A.15.13	TBC at a country level
M.7A.15.14	TBC at a country level
M.7A.15.15	TBC at a country level
M.7A.15.16	TBC at a country level
M.7A.15.17	TBC at a country level
M.7A.15.18	no data
M.7A.15.19	Total	0	0	0.0%	0.0%
	16. Average energy use intensity (kWh/m2 per year) - optional	Nominal (mn)	Number of dwellings	% Residential Loans	% No. of Dwellings
M.7A.16.1	TBC at a country level
M.7A.16.2	TBC at a country level
M.7A.16.3	TBC at a country level
M.7A.16.4	TBC at a country level
M.7A.16.5	TBC at a country level
M.7A.16.6	TBC at a country level
M.7A.16.7	TBC at a country level
M.7A.16.8	TBC at a country level
M.7A.16.9	TBC at a country level
M.7A.16.10	TBC at a country level
M.7A.16.11	TBC at a country level
M.7A.16.12	TBC at a country level