NATIXIS - 2018 Registration document and annual financial report

6 NON-FINANCIAL PERFORMANCE REPORT Investments in renewable energy Natixis Investment Managers finances renewable energy via the investment funds proposed by its affiliates. Mirova launched its fourth renewable energy infrastructure fund, Mirova Eurofideme4, in 2018. This fund’s strategy differs from that of the previous funds as it incorporates financing for storage and mobile electricity, which have considerable financing requirements, as well as for production capacity. The goal is to achieve the European Union’s ambitious greenhouse gas reduction targets. The

Business line contributions to green and sustainable growth

fund managed by Mirova aims to raise €500 million and the first fundraising phase was held in October, attracting €250 million, including €30 million from Natixis Assurances. The previous fund, Mirova Eurofideme3, which completed its fundraising in 2016 with €353 million, is now almost fully invested in a diversified portfolio of European renewable energy projects. With its Eurofideme range of funds, Mirova has financed over 170 projects representing installed capacity of 1.8 GW over the past fifteen years.

2018 Key Event TEEC certification Ostrum AM obtained TEEC (Energy and Ecological Transition for Climate) certification for its expertise in infrastructure debt for the energy transition in December 2018. Mirova manages three TEEC certified funds, with total assets under management of €1.3 billion: Mirova Europe Environmental Equity Fund, Mirova Green Bond–Global and Mirova-Eurofideme 3. The French Ministry for the Environment, Energy and Oceans created the TEEC label in 2015. Certified funds must respect obligations in terms of the activities they finance (renewable energy, construction, circular economy, green transport, agriculture), excluded activities (fossil fuels and the nuclear industry), and how they manage ESG controversies. They must also measure their effective impact on the energy and ecological transition.

Financing and investment in 6.3.2.3 mobility and sustainable cities Sustainable real estate ODD 11: Sustainable cities and communities ODD 13: Climate action

In 2018, Natixis considerably expanded its financing and arrangement business in the sustainable real estate sector, with various solutions including mortgage loans, green bonds, securitization vehicles, and green loans. It closed eleven deals, including two green loans that financed over 114,000 m² in green real estate.

2018 Key Events The DUO towers: the first green certification for a commercial real estate loan in Europe In February 2018, Natixis obtained the first ever green certification for a commercial real estate loan in Europe for the DUO towers project in Paris—a planned 90,000 m² tower with exceptional levels of energy efficiency. Climate Bonds Initiative awarded the Climate Bond Certified label to the €480 million loan facility set up to finance the project. DUO mandated Oekom Research AG to verify the Low Carbon Buildings Commercial Properties (real estate) standard and report on follow-up of environmental certification, energy consumption and CO 2 emissions. Natixis was retained to complete the certification process. The PACE program: green securitizations The PACE (Property Assessed Clean Energy) program allows property owners to finance the installation of equipment to improve their environmental performance (solar panels, heating, ventilation, water consumption). PACE makes these purchases possible at a lower cost and with a longer repayment term than with traditional loans. Natixis has arranged securitizations of PACE outstandings since 2015. Two new deals were arranged in 2018 for a total of €219 million.

AEW, the real estate asset management company, continued its efforts to obtain certification for its portfolio assets throughout 2018. Its buildings received BREEAM, HQE Exploitation, LEED Existing Building or BEPOS (positive energy building) certification.

AEW aims to reduce the energy consumption of part of its portfolio by 38% by 2020. The Greco (Grenelle Compliance) project has reduced energy consumption by 30% in properties for which investors have approved the recommendations, representing 110 properties with a total floor space of 713,000 m ² .

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Natixis Registration Document 2018