BPCE - 2018 Registration document

1 PRESENTATION OF GROUPE BPCE Groupe BPCE’s business lines

1.6.2

Natixis

Natixis Natixis is the international Corporate & Investment Banking, asset management, insurance and financial services arm of Groupe BPCE. It steadfastly serves its own customer base of corporates, financial institutions and institutional investors all around the world, as well as the individual, professional and SME customers of both Groupe BPCE networks.

Over 18,000 employees Listed on Euronext Paris CAC Next 20 Established in 38 countries

€9.6bn in net banking income, +2% €8.9bn in business line NBI, +1% €1.6bn in net income attributable to equity holders of the parent, -6%

In 2018 This year, Natixis implemented New Dimension , its new strategic ● plan for the 2018-2020 period. The plan is based on three priorities (three “Ds”): deepening the transformation of the business model successfully launched under the previous plan (Deepen), ramping up the digital transformation (Digitalize), and setting itself apart from the competition (Differentiate) to become a leading bank in the sectors and fields in which the Natixis teams have developed strong, widely recognized expertise. It is also rooted in the acceleration of synergies between the Natixis business lines and the Groupe BPCE networks. With a Basel III CET1 ratio of 10.8% (1) at December 31, 2018, Natixis boasts a solid balance sheet that it can draw on to achieve its development targets.

Natixis expanded its expertise by making acquisitions in the ● M&A advisory, asset management and payments sectors. Confirming its commitment to the climate, it created the first Green Weighting Factor to align its financing activities with the Paris Agreement goals. This innovative mechanism is used to positively or negatively adjust risk-weighted assets according to their impact on the climate. The Factoring, Sureties & Guarantees, Leasing, Consumer Finance ● and Securities Services business lines are being sold to BPCE SA for a total of € 2.7 billion. With this deal, Natixis should be able to ramp up the development of its less capital-intensive business model and invest up to € 2.5 billion predominantly in asset management activities by 2020.

BUSINESS LINE CONTRIBUTION TO 2018 INCOME BEFORE TAX ➡

16%

Specialized Financial Services

Asset & Wealth Management 41%

Insurance 12%

31%

Corporate & Investment Banking

11.1% pro forma (1)

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Registration document 2018

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