NATIXIS -2020 Universal Registration Document

FINANCIAL DATA Consolidated financial statements and notes

4.3

Non-consolidated structured entities in which Natixis is involved

only as a sponsor With respect to information that must be disclosed under IFRS 12, Natixis sponsors a structured entity when both of the following indicators are met: Natixis is involved in the creation and structuring of the structured V entity; and Natixis contributes to the entity’s success by transferringassets to V it or by managing the structured entity’s relevant activities. Where Natixis’ participation is simply as an advisor, arranger, custodian or placement agent, the structured entity is presumed not to be sponsored by Natixis.

Natixis plays the role of sponsor for: mutual funds initiated by a Natixis management company and in V which Natixis holds no stake or any other interest. Reported income includes management and incentive fees received by Natixis, as well as profits and losses resulting from ongoing transactions with these funds; a US activity consisting of originating and selling real estate loans V to securitization vehicles, created by Natixis with third parties and in which Natixis holds no interest. Reported income includes structuring fees as well as capital gains and losses on the assignment of receivables.

31/12/2020

31/12/2019

Securiti- zation

Asset Management

Securiti- zation

Asset Management

Total

(in millions of euros)

Total

Revenues drawn from the entities

8 3 0

126

134

3 1 1

185

188

-

3

0

1

Revenues net of interest

Revenues net of fees and commissions Net gains or losses on instruments at fair value through profit or loss Carrying value of the assets transferred from the entity during the year*

139

139

142

143

5

(13)

(8)

1

43

44

252 948 The carrying amount of assets transferred to these vehicles corresponds to the assets sold by Natixis during 2020 and 2019, if the information on the amounts * sold by all of the investors is not available. - 252 948 -

5

Financial support to structured entities 4.4 Natixis did not grant any financial support to consolidated onron-consolidated structured entities.

279

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2020