NATIXIS -2020 Universal Registration Document

5 FINANCIAL DATA

Consolidated financial statements and notes

Short-term cash-settled payment plans indexed to the Natixis share price

Expected number of indexed cash units at the acquisition date

Fair value of the indexed cash unit at the valuation date (in euros)

Rights acquisition date 01/03/2021

Valuation of the indexed cash unit (in euros)

Initial number of indexed cash units granted

Year of plan

Grant date

3.17

3,504,747

3,504,747

3.17

2020 plan

20/01/2021

The expense corresponding to the short-term plan is recorded in full in the financial statements for fiscal year 2020 for an amount of -€11 million compared to -€28 million at December 31, 2019.

Payment plans settled in shares

Fair value of the bonus share at the valuation date (in euros)

Number of units acquired by beneficiaries

Bonus share price at grant date (in euros)

Initial number of shares granted Acquisition date

Year of plan

Grant date

01/02/2019

6.18

3.45

2014 plan

18/02/2015

95,144

Mar-2018 Mar-2019

2015 plan 2016 plan

28/07/2016 28/07/2016

3,081,642

3.43 3.43

2.80 1.62

151,283

01/07/2020

Mar-2019 Mar-2020

2016 plan 2017 plan

10/04/2017 23/05/2017

3,012,307

5.70 6.44

4.28 3.32

79,369

01/05/2021

Mar-2020 Mar-2021 Mar-2021 Mar-2022 Mar-2022 Mar-2023 Mar-2023 Mar-2024

2017 plan

13/04/2018

2,943,516

6.65

5.04

2018 plan

12/04/2019

2,600,406

4.99

3.41

2019 plan

10/04/2020

3,598,832

2.24

1.35

2020 plan

20/01/2021

1,562,732

2.79

2.40

Payments under these plans are subject to a continued servicreequirement and performance criteria.

Expense for the period for retention and performance plans

Expense for 2020

Plans settled in cash indexed to the share price of Natixis or its subsidiaries

Plans settled in shares

Expense for 2019 (in millions of euros)

Total

Expenses (in millions of euros) Previous retention plans

(7.1)

1.0

(6.0) (4.5)

(24.4)

(4.5) (3.4)

(2.9)

Retention plans awarded over the period

TOTAL

(7.1)

(10.5)

(27.3)

Valuation inputs used to calculate the expense of these plans

31/12/2019

31/12/2020

Share price

2.79

3.96

(0.56)%

(0.66)% 12.83%

Risk-free interest rate Dividend payment rate

7.17% 4.55%

Rights loss rate

4.72%

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2020