NATIXIS - 2018 Registration document and annual financial report

PRESENTATION OF NATIXIS Natixis’ businesses

The sectoral approach strategy for ENR clients in the development of investment banking solutions began to bear fruit in 2018 with Natixis actively involved in a number of market transactions. For example, in addition to Energean Oil & Gas Plc’s IPO, Natixis supported clients in a number of bond issues in 2018, including acting as joint bookrunner for Neptune Energy Plc. ENR’s sector-based strategic approach was also reflected in the M&A advisory activity for clients in the sector with the completion of several significant mandates in the three major industries covered. Natixis is actively working to build up its own teams and relies on the network of affiliates (including PJ SOLOMON in the United States and Vermillion in China) to support the growth of its activities in this sector, which is central to strategic dialog with its clients. In Structured Financing, Natixis led a number of high-profile landmark transactions with strong added value. It remained highly active across all parts of the world: In the EMEA region, Natixis arranged a $1.275 billion facility for Energean Israel to fund the development of the Karish gas field off the coast of Israel in the Mediterranean Sea and participated in the IPO referred to above. PFI named the financing deal “Middle East and Africa Oil & Gas Deal of the Year”. Natixis was also particularly active in Oman, where it arranged the Oman Gas company’s acquisition of natural gas transportation assets from the government and renewed a $4 million pre-export facility that monetizes Oman’s production of hydrocarbons. PFI also honored the bank’s achievements in the Middle East, naming the Duqm petrochemical project in which Natixis was MLA “Middle East and Africa Petrochemical Deal of the Year”. Finally, in Africa and the North Sea, the bank continued to finance independent oil companies to support their growth. In Asia, Natixis arranged and syndicated $485 million in prefinancing for Sinochem Hongrun, a refinery in the Chinese province of Shandong. In the America’s region, ENR stepped up cooperation with PJ SOLOMON in the United States in order to develop the independent oil company M&A and financing business. PFI chose as its “Americas Mining Deal of the Year” the financing deal for the Mina Justa copper mine in Peru, for which the bank was MLA and Insurance and Marketing Agent. Finally, Natixis was confirmed as a top-tier player in Commodity Trade Finance in a survey of 50 of its trader clients, who ranked it No. 2 Best Trade Bank in commodities and No. 1 in energy. The bank also continued its initiatives to digitize international commodity trade deals and participated in the development of the fintech Komgo alongside 14 other banks and industry players. Komgo is developing a blockchain to facilitate trade among all players across the value chain, including producers, traders, freight forwarders and banks. Finally, in line with the bank’s sustainable development policy, Natixis participated in the $650 million revolving facility for ECOM Agroindustrial Corp., the financial terms of which are conditional upon ISR objectives.

Infrastructure With over 1,100 projects financed in 25 years of business, Natixis’ expertise in the infrastructure sector draws on its in-depth knowledge of the sectors and assets financed. Natixis is a world leader in the area, ranking No. 9 MLA globally in 2018 (source: Project Finance International) . It covers the four main infrastructure segments—electricity and renewable energy, telecoms, social infrastructure and transportation, and natural resources—and has a dedicated infrastructure M&A advisory team. Drawing on its leading position in infrastructure debt vehicles, Natixis consolidated its joint investment platform by establishing partnerships with institutional investors. This platform allows them to invest in this asset class while offering borrowers a competitive source of liquidity. There are currently nine partners on the platform, with an investment capacity of €7 billion. 2018 saw sustained business activity in the three international platforms and across all asset types. Natixis made a strong mark in the Americas, where it was named “Bank of the Year” by PFI, underscoring its involvement in key Latin American deals. Natixis supported a large number of renewable projects in the region, such as Enel Green Power (“PFI Americas Solar Deal of the Year”) in Mexico, where it was also named “Bank of the Year” by the magazine LatinFinance , as well as the Cerro Dominador project (“PFI Americas Renewables Deal of the Year”) in Chile. Natixis was also very active in Europe and the Middle East where, for example, it worked on the Çanakkale project (approximately €3.1 billion) in Turkey (“PFI Turkish Deal of the Year”), which includes building a highway and the longest suspension bridge in the world. It was also involved in the Sakaka Solar project, the first renewable energy project in Saudi Arabia (“PFI Middle East and Africa Power Deal of the Year”). Finally, Natixis is very well positioned in the telecommunications sector which is developing rapidly as a result of the digitization of the economy. Among other things, it advised the investment fund Cinven on the disposal of Ufinet’s fiber optic networks in Spain and Latin America and arranged the financing for the deal. Aviation With 40 years’ experience in the sector, Natixis is one of the biggest players in aviation worldwide and finances nearly 4% of the global fleet. It covers all types of assets (medium/long-haul, regional), and all manufacturers. It caters to airlines and aircraft leasing companies, with strong growth in the latter client category, including a first-time deal for the Dublin-based company SDH Wings involving a $295 million facility to finance the acquisition of a portfolio of six aircraft. Drawing on its expertise in arranging, structuring and distributing Specialized Financing in these markets, including commercial loans, portfolio financing, financing with export cover and optimized loans (JOL, JOLCO, French lease, etc.), Natixis is developing a comprehensive investment banking, advisory (M&A, ratings) and hedging offering. For example, having begun its relationship with Avollon, the third biggest leasing company worldwide, as a senior secured lender, it now supports it across the continuum of expertise, including leading a $1 billion 5-year issue in 2018.

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Natixis Registration Document 2018