NATIXIS - 2018 Registration document and annual financial report

PRESENTATION OF NATIXIS Natixis’ businesses

Natixis received the “Greenwich Share Leader” award for 2018 in the “Large Corporate Trade Finance” category for France ( source: Greenwich Associates ). As part of TTS's digital strategy, clients can now track their international payments in real time and optimize their cash management with My Tracked Transfer, carry out transfers in real time within the SEPA area with Instant Payment, and secure their bank details with SEPAmail Diamond. Natixis joined Marco Polo, a consortium bringing together a global network of banks and R3 and TradeX that allows businesses to manage and finance their trade and supply chain finance transactions. Internationally, Natixis continued to develop its O2D strategy for TTS in Asia-Pacific and completed its first syndicated import loan with Taiwanese client TPK. Natixis is a world-class player in strategic and acquisition finance, with over 25 years of experience in the sector and offices in the EMEA region (Paris, London, Milan and Madrid), Asia-Pacific (Hong Kong, Singapore and Sydney) and the Americas (New York). It offers corporate clients, investment funds, family offices and institutional clients a full range of financing (bonds, loans, private placements) for their various strategic requirements, including acquisitions, shareholder restructuring and investments, debt financing and post-IPO financing. Natixis arranges tailor-made solutions, drawing on the full range of its expertise in M&A advisory services, equity capital market transactions and bonds. It is also recognized for its structuring and placement capacity, thanks to its dedicated syndication and secondary-market teams. After a year of strong growth 2017, the business continued to enjoy solid business levels in 2018 by arranging a wide variety of innovative, landmark transactions. As part of its commitment to the development of a sustainable global economy, Natixis helped to strengthen the growth and development strategy of French company Séché Environnement by acting as coordinator and active bookrunner for a bond issue (euroPP) and for the underwriting a line of credit with a renewable credit facility that incorporated innovative environmental, social and governance (ESG) performance criteria. In the cosmetics industry, Natixis acted as sole underwriter and MLA/bookrunner in the acquisition in the United States of the company Arbonne International by the Yves Rocher group. It also carried out the currency hedging and part of the interest rate hedging. Natixis also provided sales advice and co-arranged the acquisition financing of two Ufinet entities operating in fiber optic networks: one in Spain by the fund Antin and the other in Latin America by the investment fund Cinven. The transaction consisted of two term loan B facilities, two revolving credit facilities and a credit line, and was named “Deal of the Year” by the magazine TMT Finance . Investment Banking 1.3.2.3 Strategic and acquisition finance

In Asia, Natixis acted as financing advisor and joint MLA/bookrunner for the Chinese semiconductor group Tsinghua Unigroup for its acquisition of Linxens. Finally, Natixis arranged a long-term loan agreement for Générale de Santé, backed by a security trust relating to the shares of a real estate subsidiary that owns the buildings of a private hospital in the Greater Paris region. Natixis was ranked No. 1 bookrunner for sponsored loans and No. 5 for leveraged loans in the EMEA region (source: Thomson Reuters) . Bond origination Operating on the principal European, American and Asian markets, Natixis advises and supports all categories of issuers (corporates, financial institutions, sovereigns/supranationals/ branches), helping them obtain financing on the euro and foreign-currency bond markets (£, $, ¥), and particularly in the green bond, investment grade, covered bond, high yield, hybrid and private placement segments. In 2018, Natixis continued its development and led a number of innovative landmark transactions in the following segments: Covered bond: As the winner of the “Best Euro Lead Manager a for Covered Bonds” award ( source: GlobalCapital ), Natixis affirmed its expertise and leading role in this segment, including managing Nordéa’s dual-tranche issue (€1.25 billion at 5 years and €750 million at 15 years); Green bond: Natixis remained heavily involved in the energy a transition, acting as joint bookrunner for Société du Grand Paris for an inaugural issue of €1.75 billion. The Asia-Pacific platform also demonstrated its expertise in this area yet again by leading China Everbright Bank’s $300 million issue; Social bond: Natixis also finances social-impact projects and led a issues by the African Development Bank (€1.25 billion) and Danone (€300 million); Hybrid: Natixis led La Poste’s €750 million perpetual bond a issue as bookrunner; Sukuk: in Dubai, Natixis carried out notable operations as joint a lead manager and bookrunner of the 10 th public debt issue ($1.3 billion) of the Islamic Development Bank’s since 2013. Natixis also led numerous dual-tranche issues in 2018, including those of Mizuho (5-year and 10-year €500 million senior unsecured issues) and Elkem (Schuldschein). It also acted as joint bookrunner in SCOR’s “Regulation S” perpetual deeply subordinated Tier 1 notes issue ($625 million), the first issue in France governed by Solvency 2 regulation. On the emerging markets, Natixis was involved in the €750 million plain vanilla bond issue of the International Bank for Reconstruction and Development (IBRD). Lastly, Natixis contributed to financing for Groupe BPCE and to expanding its investor base, both through the issuance of structured notes and the placement of plain vanilla uncovered bonds for the Group.

1

23

Natixis Registration Document 2018