NATIXIS - 2018 Registration document and annual financial report

6 NON-FINANCIAL PERFORMANCE REPORT April 2018, 1,961 signatories with $81.7 trillion in assets under management had adopted the PRI (1) . Thirteen Natixis Investment Managers affiliates, which together hold 72% of total assets managed by Natixis Investment Managers affiliates, have signed the PRI, namely AEW, Alliance Entreprendre, DNCA, Flexstone Partners, Investors Mutual Limited, Loomis Sayles, Mirova, MV Credit, Naxicap Partners, Ossiam, Ostrum AM, Seeyond, and Seventure Partners. Ostrum AM (€257.6 billion in assets under management at December 31, 2018) has been a PRI signatory since 2008 and was rated A and A+ on all its investments in the 2018 assessment cycle (on 2017 performance). These excellent scores were well above the median scores of Ostrum AM’s peers. Similarly, AEW (€63.5 billion in assets under management at September 30, 2019), a Natixis Investment Managers affiliate specialized in real estate asset management, has been a PRI signatory since 2009. It was rated A+, ranking it in the 25% best performers in its category. Four other asset managers affiliated with Natixis Investment Managers intend to sign the PRI in 2019 and to incorporate ESG criteria in their investment decisions, taking the portion of assets managed by Natixis Investment Managers affiliates that have signed the PRI to over 90%. Following on from the Principles for Responsible Investment (PRI) established in 2006 and the Principles for Sustainable Insurance (PSI) announced in 2012, a global initiative to increase responsibility in the banking sector was launched in 2018—the Principles for Responsible Banking (PRB). The PRB were drafted by the United Nations Environment Program Finance Initiative (UNEP-FI) and 28 banks and were unveiled at the UNEP-FI annual meeting held in Paris on November 26, 2018, which was also Climate Finance Day. Natixis was one of the first banks besides the founding members to endorse the PRB on December 10, 2018, as part of its membership of the UNEP-FI. By endorsing the PRB, Natixis undertook to sign the principles when they will be officially confirmed at the end of a six-month public consultation period, in the second half of 2019. The PRB set out what it means to be a responsible bank and provide the first global framework for incorporating sustainability in all banking activities, be it in terms of strategy, financing, market and advisory activities or their direct impact. Signatory banks will publicly acknowledge their positive and negative social, environmental and economic impacts. The banks agree to set public targets to address their main negative impacts and to step up their positive impacts in order to contribute to the Sustainable Development Goals (SDGs) and align with the Paris Agreement on climate change. This endorsement is a monitored commitment. The UNEP-FI plans to exclude from the signatories banks that will not comply with transparency requirements, set up relevant targets and show progress. Natixis commits to the new 6.3.1.2 Principles for Responsible Banking (PRB)

Business line contributions to green and sustainable growth

By endorsing the PRB, Natixis has pledged to: align its banking activities with the Paris Agreement and the 1. United Nations SDGs; step up its positive impacts and minimize its negative 2. impacts (via its financing and direct activities); act responsibly towards its clients; 3. consult its stakeholders; 4. make targeted, public commitments; 5. report on progress made. 6. This decision is a natural extension of the commitments already made by Natixis, which has been adjusting its activities to make a real positive contribution to the environment and society for several years now. In 2019, Natixis will consolidate its internal tools and processes so it can publish details of its progress at least once a year. Socially responsible investment 6.3.1.3 The affiliates of Natixis Investment Managers offer a range of solutions built on the conviction that ESG criteria can play an important role in identifying potential risks, seizing opportunities and generating returns for investors. Different levels of ESG criteria are available in the investment strategies applied by fund managers: ESG analysis: recognition of ESG criteria in the issuer analysis; a ESG integration: incorporation of ESG criteria in investment a decisions (including thematic and/or impact investments and exclusion policies); Certification: certified funds. a Recognition of ESG criteria in the issuer analysis Ostrum AM systematically incorporates material ESG aspects in its analysis for both its equity and credit funds. The companies it invests in are always asked about ESG issues and how they include them in their business model. This process applies to €240.8 billion in assets under management, representing 93% of its total assets under management.

Total : €257.6 bn OSTRUM AM

ESG analysis 93%

ESG Integration 21%

Incorporation of ESG and exclusion criteria in investment decisions Societal exclusion policies: Natixis has adopted exclusion policies for sectors and issuers that do not respect certain human rights and fundamental principles of corporate responsibility. Ostrum AM, Mirova, Seeyond and Natixis Assurances apply these policies to their investments, in full compliance with their fiduciary duties towards their customers.

Source: unipri.org (1)

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Natixis Registration Document 2018