NATIXIS - 2018 Registration document and annual financial report

FINANCIAL DATA Consolidated financial statements and notes

Deeply subordinated notes amounted to €1,978 million, compared with €2,232 million at December 31, 2017, an increase of €254 million corresponding to the redemptions carried out in 2018. Note that the gross amount of exchange rate fluctuations in deeply subordinated notes in foreign currencies recorded in income at December 31, 2018 amounted to +€47.8 million, or €33.9 million after tax, compared with €103.9 million at December 31, 2017, or €68.1 million after tax. The main features of the perpetual deeply subordinated notes are outlined in Chapter [14] of the Pillar III report.

established with the French Financial Markets Association (Association des Marchés Financiers) on September 23, 2008, approved by the Autorité des Marchés Financiers on October 1, 2008. Under this contract, this service provider is mandated to intervene in Natixis’ treasury shares with a view to increasing transaction liquidity and the trading of Natixis shares so as to avoid price gaps unjustified by market trends. This authorization is based on the seventeenth resolution of the General Shareholders’ Meeting of May 23, 2018. It authorizes Natixis to acquire, at a maximum price of €10 per share, a number of shares not exceeding 10% of the shares making up the capital of Natixis. Pursuant to this contract, Natixis holds 3,566,311 shares representing €14.7 million as at December 31, 2018.

Management of the liquidity contract 13.3.2

Natixis entered into a liquidity contract with an independent service provider, and in accordance with the Compliance Charter

COMMITMENTS

NOTE 14

5

Guarantee commitments 14.1 A financial guarantee is a contract that requires the issuer to compensate the holder of the contract for any loss that the holder incurs because a debtor fails to make payment when due. The exercise of these rights is subject to the occurrence of an uncertain future event. The amounts shown represent the nominal value of the commitment undertaken:

31/12/2018

01/01/2018

Guarantee commitments given To banks

8,162 1,202 6,960

9,977 1,434 8,542

Confirmation of documentary credits

Other guarantees

To customers

22,481

20,297

Real estate guarantees

192 281

188 350

Administrative and tax bonds

Other bonds and endorsements given

6,752

6,478

Other guarantees

15,257

13,281

TOTAL GUARANTEE COMMITMENTS GIVEN Guarantee commitments received from banks

30,643 10,980

30,273 12,446

373

Natixis Registration Document 2018