NATIXIS -2020 Universal Registration Document

5 FINANCIAL DATA

Consolidated financial statements and notes

The Equities, Fixed Income, Credit, Forex, Commodities and Global Structured Credit & Solutions businesses remain part of the Global Markets business line, while short-term Trade Finance and the development of the flow offering are combined under Trade & Treasury Solutions. Lastly, subsequent to the sale of the retail banking operations to BPCE S.A., the Corporate & Investment Banking division now includes the Film Industry Financing business line, which is operated via Coficiné, a subsidiary specializing in structured loans for film and audiovisual activities in France and Europe. 9.3 Natixis Assurances is a holding company for various operating insurancesubsidiaries. In March 2014, in accordancewith the plan to develop the bancassurance model, Natixis Assurances acquired PPI and casualty insurance subsidiary BPCE Assurances, which it now wholly owns. It offers a full range of individual and group life insurance, personal protection insurance, and property & casualty insurance products for the Banque Populaire and Caisse d’Epargne networks. These diversified, customized solutions are designed for retail and small business customers, farmers, companies and non-profits. Insurance

etc. As part of the "NewDimension"plan, this businessline is working towardsbecominga “pure player” in the Europeanpaymentssegment and accelerate its digital transformation.Payments recently acquired several start-ups specializingin electronicpayment and e-commerce, namely: Payplug, S Money, Dalenys and Comiteo. 9.5 In addition to these operational centers, there are Corporate Center activities, which primarily include central financial mechanisms and income related to management of Natixis’ assets and liabilities. To this end, it includes all Treasury activities, including the short-term Treasury business, which has been part of Natixis’ Finance Department since the start of 2017 (it was previously part of Corporate & Investment Banking). It also includes the net income from the bank’s portfolio of equity investments that does not fall under the activity of a division, as well as the proprietary Private Equity activities (retained until it is put into run-off) and those of Natixis Algérie. Following the sale of 29.5% of the share capital of Coface (with Natixis retaining a 12.7% stake), Coface’s remaining contribution to Natixis’ consolidatedfinancial statements is presented in the income statement on the line “Share in income of associates”.As a reminder, Coface’s main activities are credit insurance, factoring abroad, corporate information and rating, and accounts receivable. In terms of costs, the Corporate Center recognizes the bank’s structural costs and the contribution to the Single resolution Fund. Corporate center

9.4

Payments

This business line provides tools, infrastructures and services for payments: electronic payment, issuance and collection of mass electronictransfers,check processing,service vouchers,e-commerce,

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2020