NATIXIS - Meeting notice combined general shareholder's meeting

NEW DIMENSION STRATEGIC PLAN WELL EMBARKED

Our performance is consistent with New Dimension target, illustrating how relevant our business model is - selective, asset light and diversified.

ASSET & WEALTH MANAGEMENT:

2020 TARGET NEW DIMENSION

2018 (1)

CORPORATE & INVESTMENT BANKING: Further development of multi-boutique business in M&A model with the acquisitions of Fenchurch Advisory, Vermillion Partners and Clipperton Enhancement of our sectorial approach in consis- tency with our ambition to become the “go-to bank“ in 4 selected sectors: Energy & Natural Resources, Aviation, Infrastructure, Real Estate & Hospitality Net revenues and fee rate improving thanks to our active positioning Enhancement of the multi-affiliates model with the acquisition of MV Credit, an investment house specializing in alternative strategies Development of our positioning across Ultra High Net Worth Individuals with the acquisition of Massena Partners

ASSET & WEALTH MANAGEMENT

16% ROE (2)

~ 16% ROE (2)

CORPORATE & INVESTMENT BANKING

13% ROE (2)(3)

~ 14% ROE (2)

29.1% ROE (2)

~30% ROE (2)

INSURANCE

INSURANCE:

Solid profitability improvement with underlying RoE(2) of 29.1% in 2018 in line with New Dimension 2020 target (~30%) Further implementation of industrial and IT projects to support the business’ transformation-

X1.16 Revenues in year 1

X1.5 Revenues llllll over 3 years

PAYMENTS

13.9% RoTE (3)(5)

14-15.5% RoTE (5)

PAYMENTS:

NATIXIS

Payments revenues are up +16% YoY in 2018 (~50% driven by the acquisitions made since 2017, ~50% by Natixis’ historical payment activities) Building of the Payments hub in line with our ambitions to become a pure player in Europe

11.1% CET1 (4)(6) Fully-loaded

11% CET1 (6)

Fully-loaded

(1) Excluding exceptional items (2) Return on Equity (3) Adjusting for the €(259)m non-recurring impact on revenues from Asian equity derivatives, net of tax for ROE and ROTE calculation (4) Pro forma cf. 2018 Annual Results - 12/02/2019 (5) Return on Tangible Equity ou Rentabilité des Fonds propres tangibles (6) Core Tier One

€0.78*

> CASH DIVIDEND OF €0.78 PER SHARE* Confirmation of dividend policy

€0.30

A minimum pay-out ratio of 60% for each single year of the New Dimension plan (2018-2020) and a strict discipline when it comes to excess capital with an 11% fully-loaded CET1 ratio target for 2020. (*) Natixis will submit the payment of an ordinary dividend of €0.30 per share and of a special dividend of €0.48 per share for the year 2018 to the next Annual General Meeting on May 28, 2019.

€0.48

Special

Ordinary

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NATIXIS 2019 MEETING NOTICE

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