NATIXIS -2020 Universal Registration Document

SOMMAIRE

INTERVIEW

2 4 8

PROFILE

NATIXIS BUSINESS MODEL

STRATEGY

10 14 16 18

GOVERNANCE

RISK MANAGEMENT ESR COMMITMENTS

PRESENTATION OF NATIXIS 1

6

21 22 24 36 36

2020 NON-FINANCIAL PERFORMANCE REPORT

459

History and links with BPCE 1.1

Natixis’ businesses 1.2

Strategic outlines and organization 6.1 of the ESR policy

460 469

2021 investor relations calendar 1.3

Conduct 6.2

Contacts 1.4

Business ethics and safety 6.3 Business line contributions 6.4

471

CORPORATE GOVERNANCE 2

37

to green and sustainable growth

473

Governance of Natixis at December 31, 2020 2.1 Management and oversight of corporate 2.2 governance 65 Policies and rules established for determining 2.3 compensation and benefits of any kind for corporate officers 90 38

Managing environmental, 6.5 social and governance risks

503 511 521

Managing our direct environmental impact 6.6

Employee engagement 6.7

Table of reporting on Natixis’ main 6.8 commitments Reporting frameworks and methodology 6.9 Report by one of the Statutory Auditors, 6.10 appointed independent third party, on the consolidated non-financial performance report CAPITAL AND SHARE OWNERSHIP 7 Distribution of share capital and voting 7.1 rights

534 535

3

RISK FACTORS, RISK MANAGEMENT AND PILLAR III

109

Risk factors 3.1

111 121 171

538

Risk management 3.2

Basel 3 Pillar III disclosures 3.3

541

OVERVIEW OF THE FISCAL YEAR 4

225

542 544

Significant events for 2020 4.1

226 232

Changes in share capital and voting rights 7.2 Other information concerning Natixis share 7.3 capital and securities

Management report at December 31, 2020 4.2 Main investments and divestments 4.3 performed over the period

546 547

242 243 243 245

Authorized potential capital 7.4 Issues potentially relevant 7.5 to any public offering Shareholder voting rights 7.6 Share buyback program 7.7 Dividend distribution policy 7.8 Natixis shares and shareholders 7.9

Subsequent events 4.4

Information about Natixis S.A. 4.5

549 550 550 551 552

Outlook for Natixis 4.6

Definitions and alternative performance 4.7 indicators

246

FINANCIAL DATA 5

247 Consolidated financial statements and notes 5.1 249 Statutory Auditors’ report 5.2 on the consolidated financial statements 404 Parent company financial statements 5.3 and notes 413 Statutory Auditors’ report on the parent 5.4 company financial statements 450 Internal control procedures relating to 5.5 accounting and financial information 455

GENERAL SHAREHOLDERS’ MEETINGS 8 555 Terms and conditions 8.1 of attendance by shareholders at General Shareholders’ Meetings 556 Combined General Shareholders’ Meeting 8.2 of May 28, 2021 558 LEGAL AND GENERAL INFORMATION 9 591 Legal notices and practical information 9.1 relating to Natixis 592 Natixis Bylaws 9.2 593 Statement of responsibility for the universal 9.3 registration document 598 Documents available to the public 9.4 599 Cross-reference table of the universal 9.5 registration document 600 Cross reference table for the annual financial 9.6 report and the management report 605 Cross-reference table for the registry office 9.7 606 Glossary 9.8 607

● The items in the Annuel Financial Report are identified in the summary using the pictogram The Statement of Non-Financial Performance is identified in the summary using the pictogram ■

This label recognizes the most transparent Universal Registration Documents according to the criteria of the Annual Transparency Ranking.

NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2020