Société Générale : Amendment to the terms and conditions

NOTICE TO THE NOTEHOLDERS

DATED 18 JUNE 2021

SG Issuer (the "Issuer")

Issue of RUB 122,400,000 Notes

Unconditionally and irrevocably guaranteed by Société Générale

under the Debt Instruments Issuance Programme

(the "Programme")

220098EN/21.3 Tranche 1 Isin code: XS2277789207 (the "Notes")

We refer to the Applicable Final Terms (the "Final Terms") dated 18 June 2021 giving details of the Notes issued on 17 March 2021, as Series 220098EN/21.3, Tranche 1, pursuant to the Programme (the "Final Terms").

This Notice should be read in conjunction with the Debt Instruments Issuance Programme Prospectus 05 June 2020 (the "Base Prospectus"). Terms and expressions defined in the Final Terms shall have the same meanings when used herein except where the context requires otherwise or unless otherwise stated.

The Final Terms have been modified as provided by the amended and restated Final Terms attached hereto as Annex.

The amended version of the Final Terms dated as of 18/06/2021 (the "Amended and Restated Final Terms") of the above referenced Series of Notes has been delivered to the Clearing System.

The Issuer accepts responsibility for the information contained in this Notice.

This notice together with Amended and Restated Final Terms are also available at the office of the Fiscal Agent (Societe Generale Bank & Trust, 11 avenue Emile Reuter, L-2420 Luxembourg).

THE AGENT

Société Générale Bank & Trust

11 avenue Emile Reuter

L-2420 Luxembourg

APPLICABLE FINAL TERMS

FINAL VERSION APPROVED BY THE ISSUERAMENDED AND RESTATED AS OF 18/06/2021

MiFID II product governance - Solely for the purposes of the manufacturer's product approval process, the target market assessment in respect of the Notes, taking into account the five categories referred to in item 18 of the Guidelines published by ESMA on 5 February 2018, as well as the determination of the appropriate distribution channel, has been made by the manufacturer. Any person subsequently offering, selling or recommending the Notes (a distributor) should confirm with the manufacturer the manufacturer's target market assessment and the suggested distribution strategy for the Notes; however, a distributor subject to MiFID II is remains responsible for undertaking its own target market assessment in respect of the Notes (by either adopting or refining the manufacturer's target market assessment) and determining appropriate distribution channels.

Amended and Restated as of 18 June 2021. The initial date of these Final Terms isDdated 15 March 2021.

SG ISSUER

Legal entity identifier (LEI): 549300QNMDBVTHX8H127 Issue of RUB 122,400,000 Notes due 18 March 2024 Unconditionally and irrevocably guaranteed by Société Générale under the Debt Instruments Issuance Programme

PART A - CONTRACTUAL TERMS

Terms used herein shall be deemed to be defined as such for the purposes of the Conditions set forth under the heading "General Terms and Conditions of the English Law Notes" in the Base Prospectus dated 05 June 2020. This document constitutes the Final Terms of the Notes described herein and must be read in conjunction with the Base Prospectus and the supplement(s) to such Base Prospectus dated 17 July 2020 and 20 August 2020 and 21 September 2020 and 11 December 2020 and any supplement published prior to the Issue Date (as defined below) (the Supplement(s)); provided, however, that to the extent such Supplement (i) is published after these Final Terms have been signed or issued and (ii) provides for any change to the Conditions as set out under the heading "General Terms and Conditions of the English Law Notes" , such change shall have no effect with respect to the Conditions of the Notes to which these Final Terms relate. Full information on the Issuer, the Guarantor and the offer of the Notes is only available on the basis of the combination of these Final Terms, the Base Prospectus and any Supplement(s). Prior to acquiring an interest in the Notes described herein, prospective investors should read and understand the information provided in these Final Terms, the Base Prospectus and any Supplement(s) and be aware of the restrictions applicable to the offer and sale of such Notes in the United States or to, or for the account or benefit of persons that are not Permitted Transferees. Copies of the Base Prospectus, any Supplement(s) and these Final Terms are available for inspection from the head office of the Issuer, the Guarantor, the specified offices of the Paying Agents and, in the case of Notes admitted to trading on the Regulated Market or on Euro MTF of the Luxembourg Stock Exchange, on the website of the Luxembourg Stock Exchange (www.bourse.lu) and, in the case of Non- Exempt Offers, on the website of the Issuer (http://prospectus.socgen.com).

1.	(i)	Series Number:	220098EN/21.3
	(ii)	Tranche Number:	1
	(iii)	Date on which the Note	Not Applicable
		become fungible:
2.	Specified Currency:	RUB

3. Aggregate Nominal Amount:

	(i)	-Tranche:	RUB 122,400,000
	(ii)	-Series:	RUB 122,400,000
4.	Issue Price:	100% of the Aggregate Nominal Amount

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APPLICABLE FINAL TERMS

FINAL VERSION APPROVED BY THE ISSUERAMENDED AND RESTATED AS OF 18/06/2021

5.	Specified Denomination(s):	RUB 100,000
6.	(i)	Issue Date:	17 March 2021
	(ii)	Interest Commencement	Not Applicable
		Date:

7.	Maturity Date:	18 March 2024
8.	Governing law:	English law
9.	(i) Status of the Notes:	Unsecured
	(ii) Date of corporate authorisation	Not Applicable
	obtained for the issuance of Notes:
	(iii) Type of Structured Notes:	Index Linked Notes
		The provisions of the following Additional Terms and Conditions apply:
		Additional Terms and Conditions for Index Linked Notes
	(iv) Reference of the Product:	Not Applicable
10.	Interest Basis :	See section "PROVISIONS RELATING TO Interest (IF ANY) PAYABLE" below.

1. Redemption/Payment Basis: See section "PROVISIONS RELATING TO REDEMPTION" below.
2. Issuer's/ Noteholders' redemption See section "PROVISIONS RELATING TO REDEMPTION" below. option:

PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE

13.	Fixed Rate Note Provisions:	Not Applicable
14.	Floating Rate Notes Provisions:	Not Applicable
15.	Structured InterestNote Provisions:	Not Applicable
16.	Zero Coupon Note Provisions:	Not Applicable
PROVISIONS RELATING TO REDEMPTION
17.	Redemption at the option of the	Not Applicable
	Issuer:

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APPLICABLE FINAL TERMS

FINAL VERSION APPROVED BY THE ISSUERAMENDED AND RESTATED AS OF 18/06/2021

18.	Redemption at the option of the	Not Applicable
	Noteholders:
19.	Automatic Early Redemption:	Not Applicable

20. Final Redemption Amount :Unless previously redeemed, the Issuer shall redeem the Notes on the Maturity Date, in accordance with the following provisions in respect of each Note:

				Scenario 1:
				If on Valuation Date(1), Performance(1) is higher than or equal to 0%, then:
				Final Redemption Amount = Specified Denomination x [100% + 80% x
				Performance(1)]
				Scenario 2:
				If on Valuation Date(1), Performance(1) is lower than 0%, then:
				Final Redemption Amount = Specified Denomination x 100%
				Definitions relating to the Final Redemption Amount are set out in paragraph
				27(ii) "Definitions relating to the Product".
21.	Physical Delivery Note Provisions:	Not Applicable
22.	Credit Linked Notes Provisions :	Not Applicable
23.	Bond Linked Notes Provisions:	Not Applicable
24.	Trigger redemption at the option of	Not Applicable
	the Issuer:
25.	Early Redemption for tax reasons,	Early Redemption Amount : Market Value
	special tax reasons, regulatory
	reasons, Force Majeure Event, Event
	of Default, or at the option of the
	Calculation Agent pursuant to the
	Additional Terms and Conditions:
PROVISIONS APPLICABLE TO THE UNDERLYING(S) IF ANY
26.	(i)	Underlying(s):	The following Index as defined below:
Index Name		Bloomberg Ticker	Index Sponsor	Exchange	Website
RDXUSD RUSSIAN	RDXUSD	Vienna Stock Exchange	London Stock Exchange	www.indices.cc
DEPOSITARY

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APPLICABLE FINAL TERMS

FINAL VERSION APPROVED BY THE ISSUERAMENDED AND RESTATED AS OF 18/06/2021

1. Information relating to the past and future performances of the Underlying(s) and volatility:
2. Provisions relating, amongst others, to the Market Disruption Event(s) and/or Extraordinary Event(s) and/or any additional disruption event(s) as described in the relevant Additional Terms and Conditions :

The information relating to the past and future performances of the Underlying(s) and volatility are available on the source specified in the table above.

The provisions of the following Additional Terms and Conditions apply: Additional Terms and Conditions for Index Linked Notes

1. Other information relating to the Underlying(s):

Information or summaries of information included herein with respect to the Underlying(s), has been extracted from general databases released publicly or by any other available information.

Each of the Issuer and the Guarantor confirms that such information has been accurately reproduced and that, so far as it is aware and is able to ascertain from information published, no facts have been omitted which would render the reproduced information inaccurate or misleading.

DEFINITIONS APPLICABLE TO INTEREST (IF ANY), REDEMPTION AND THE UNDERLYING(S) IF ANY

27.	(i)	Definitions relating to	Applicable
		date(s):
		Valuation Date(0):	10 March 2021
		Valuation Date(1):	11 March 2024
	(ii)	Definitions relating to the	Applicable, all or part of the Definitions relating to the Product being those used
		Product:	in the Additional Terms and Conditions relating to Formulae
		Performance(1):	means (S(1) / S(0)) - 100%
		S(i):	means in respect of any Valuation Date(i), the Closing Price of the Underlying.
		(i from 0 to 1)	S(0)=1,720.8 pts
		Strike:	100% x S(0)

PROVISIONS RELATING TO SECURED NOTES

28.

Secured Notes Provisions:

Not Applicable

GENERAL PROVISIONS APPLICABLE TO THE NOTES

29. Provisions applicable to payment date(s):

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