NATIXIS -2020 Universal Registration Document

FINANCIAL DATA Consolidated financial statements and notes

i) Schedule of undiscounted payments

31/12/2020

31/12/2019

Post-employment defined-benefit plan

Post-employment defined-benefit plan

Supplementary pension benefits and other

Supplementary pension benefits and other

End-of-career awards

End-of-career awards

(in millions of euros)

n+1 to n+5 n+6 to n+10 n+11 to n+15 n+16 to n+20

120

50 71 77 95

134 112 104 105 392 847

61 81 80

97 93 96

101 179 502

> n+20 TOTAL

344 750

156 448

Other share-based plans 11.2.4 Employee stock option plans under the Company employee savings plan

Plan

2014

2014

2015

2016

2018

Entity

Natixis

Coface

Natixis

Natixis

Natixis

12/06/2014

12/03/2015

10/03/2016

23/03/2018

Plan announcement date

14/03/2014

Plan maturity Reference price Subscription price Face value discount

5 years

5 years €10.40

5 years €6.618 €5.295 19.99%

5 years €4.094 €3.276 19.98%

5 years €6.252 €5.002 19.99%

€5.05 €4.04

€8.32

5

20.00%

20%

9,951,325

255,347 €2.1M 0.84% 0.16% 5.47% 21.30%

8,505,624

7,989,447

11,982,805

Number of shares subscribed

Total subscribed amount (in millions of euros)

€40.2M

€45M 0.14% 0.05% 4.45%

€26M 0.08%

€60M

Risk-free interest rate

0.84% 0.16% 5.47%

(0.15)%

Annual security borrowing rate (repos)

(0.12)%

0.05% 3.34%

Market participant’s borrowing rate (five years)

3.93%

Lock-up cost

21.28%

19.57%

19.43%

16.22%

For the record, there were no capital increases reserved for employees in 2019 or 2020. At December 31, 2019, Natixis recorded an expense of €2.3 million for the discount granted on subscription to employee stock options under the Company employee savings plan, measured taking into account thfeive-year lock-up period applicable to the issued securities.

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2020