2nd Quarter Results for 2015

Q2 15: VERY GOOD SECOND QUARTER

• Strong growth in net banking income: +16.4% at EUR 6.9bn (+8.9%* vs. Q2 14 excluding non-economic items**), with an increase* in all the businesses
• Decline in the cost to income ratio(¹): -0.9 points vs. Q2 14
• Historically low cost of risk(²) at 44bp in Q2 15 vs. 57bp in Q2 14
• Group net income: EUR 1,351m in Q2 15 (+25.2% vs. Q2 14)
• CET1 ratio of 10.4%, leverage ratio of 3.8% and total capital ratio of 15.2% at the end of Q2 15
• ROE(³): 10.3%

H1 15: IN LINE WITH THE EXECUTION OF THE STRATEGIC PLAN

• Net banking income: EUR 13.2bn, +14.4% vs.  H1 14, (6.7%* vs. H1 14 excluding non-economic items**)
• Cost to income ratio(¹) down -1.4 points vs. H1 14 despite the new regulatory levies
• Decline in the cost of risk(²): 49bp in H1 15 vs. 61bp in H1 14
• Book Group net income: EUR 2,219m in H1 15 (EUR 1,248m in H1 14)

EPS(4): EUR 2.54 in H1 2015 (EUR 1.37 in H1 14)