NATIXIS -2020 Universal Registration Document

6 2020 NON-FINANCIAL PERFORMANCE REPORT

Business line contributions to green and sustainable growth

Naxicap Partners , a French Private Equity specialist, is involved in LBO and Private Equity financing in all sectors of activity. It applies ESG analysis to all companies in its portfolio in which the total amount invested exceeds €5 million, which account for 98% of assets under management. External auditors perform mandatory preinvestment ESG analysis which takes a detailed look at the main ESG issues in order to establish an action plan for the yeartso come.

AEW CILOGER in Europe, and AEW Capital Management in the United States, both of which specialize in real estate investments,are building a corporate culture that respects ESG principles. ESG aspects are considered and discussed with the Investment Committee at the acquisition stage for direct investments. Before making any investment decisions, the investment teloamoks at: ESG strategy; V certifications; V renewable energy on site or renewable energy certificates V purchased; risks relating to the water supply and water quality. V AEW CILOGER proposes a systematic integration of ESG criteria on 17% of its assets (€5.9 billion in sustainable investment),and in 2020 created an SRI module on the energy performancemonitoringportal to monitor action plans to improve the ESG performance of all assets.

Naxicap

Total € 3.8 bn

Responsible investment 98 %

A Private Equity player Seventure Partners is aware of its responsibility to direct its investments towards projects, companies or sectors that present fewer ESG risks and that support the developmentof a more sustainableeconomy. Under the guidance of the ESG Steering Committee, ESG issues have been integrated into the investment policy, in particular by: defining a responsible investmentpolicy that excludes sectorswith V high ESG risks; systematically analyzing ESG risks prior to each investment and V throughout the duration of the relationship; having a pragmaticapproach to the ESG challengesand objectives V of the investments in terms of their size and development challenges; engaging in a systematic dialog on ESG with the managers of the V portfolio companies.

AEW Ciloger

Total € 33.9 bn

Sustainable investment 17 % Responsible investment 51 %

AEW CILOGER set up a working group within the French association of investment property companies (Association française des sociétés de placement immobilier – ASPIM) to create a real estate SRI label in France incorporating criteria covering all environmental, social and governance issues. After local work carried out in 2019, the label resulted in a ministerial decree and was published in July 2020. In this vein, the SRI certificationof two consumer funds is in the process of obtaining. It should take place at the beginning of the 2021 fiscal year. To assess the ESG performance, the Equity Management Team of AEW Capital Management has developed a proprietary ESG rating system based on measurable environmental indicators (energy and water consumption, carbon intensity, waste management), governance indicators (diversity, independence of the Board of Directors, compensation of the CEO) and social performance assessed by third-party non-financial rating agencies.

Seventure Partners

Total € 0.9 bn

Responsible investment 90 %

AEW Capital Management

Total € 20.8 bn

Responsible investment 100 %

AEW Capital Management is expected to acquire over $1 billion in gross real estate value in 2020, all of which will include an ESG (responsible investment) analysis.

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2020