NATIXIS - 2018 Registration document and annual financial report

RISK FACTORS, RISK MANAGEMENT AND PILLAR III Risk management

NATIXIS REGULATORY STRESSED VAR ■

Natixis’ regulatory stressed VaR averaged €13.2 million. It peaked at €19.7 million on December 24, 2018, and bottomed out at €8.5 million on August 7, 2018, and stood at €16 million at December 31, 2018. Change in regulatory Stressed VaR and VaR.

Millions of euros

25

3

20

15

10

5

0

29/12/17

29/01/18

28/02/18

31/03/18

30/04/18

31/05/18

30/06/18

31/07/18

31/08/18

30/09/18

31/10/18

30/11/18

31/12/18

Regulatory VaR Regulatory sVaR

IRC INDICATOR ■

This indicator covers the regulatory scope. Natixis’ IRC level averaged €18.2 million. It peaked at €42.8 million on January 19, 2018, and bottomed out at €10.9 million on March 16, 2018, and stood at €22.7 million at December 31, 2018.

Millions of euros

45

40

35

30

25

20

15

10

5

0

29/12/17

29/01/18

28/02/18

31/03/18

30/04/18

31/05/18

30/06/18

31/07/18

31/08/18

30/09/18

31/10/18

30/11/18

31/12/18

IRC

141

Natixis Registration Document 2018