NATIXIS - 2018 Registration document and annual financial report

1 PRESENTATION OF NATIXIS Natixis’ businesses

Its service offering is modular and customizable: secure provision of information systems, all-inclusive back-office services (order routing, transaction accounting, client reporting, securities custody, etc.), dedicated middle-office services, network assistance services and end customers. Natixis also offers an online exchange solution, the online client range (“OIC"). This was developed as a white label for integration into each banking institution’s environment. In 2018, EuroTitres upgraded its website by providing Banque Populaire and Caisse d’Epargne retail customers with a new version that is optimized for all screens.

and developing the B2B business of its fintech Lakooz (Le Pot Commun). Major brands such as SNCF and Casino have chosen Natixis Payments. The SNCF group chose to partner with Natixis to develop its Personal Mobility Assistant App aimed at providing its customers with a single payment solution. As a major player in connected payment services across the entire payment value chain, Natixis Payments provides a critical component for the Personal Mobility App, which will allow customers to research, book and approve all their transport needs in one app. Similarly, Natixis Payments and the Casino group entered an agreement to jointly develop an e-wallet for Cdiscount and integrate Dalenys as one of Cdiscount's payment service provider partners. Starting in early 2019, Cdiscount customers will be able to use an e-wallet for a seamless, enhanced purchasing experience. They’ll be able to pay for purchases in just one click (no need to enter their bank card details), pay outright or in several installments, and get cash back on their purchases. Finally, Natixis Payments has adopted Nexo’s international payment acceptance standards. These free, universally applicable standards make it possible for Natixis to quickly design new services, such as in-flight mobile payment for airlines.

REVENUE BREAKDOWN OF EUROTITRES DEPARTMENT ■ BY CUSTOMER TYPE

23% External institutions

Total €98 M

77% Groupe BPCE’s institutions

Payments 1.3.4.3 Natixis Payments is a payment services provider backed by Groupe BPCE. It offers all European public and private economic stakeholders a full range of payment solutions and services. Through its various entities (especially Natixis Payment Solutions for payment processing solutions Dalenys and S-money), Natixis Payments is active along the entire value chain, including issuance, acquisition, online payments, e-wallets, prepaid cards and everything in between. Its adaptive, secure products and services are built using more than 30 years of payment industry experience and the innovative ability of fintechs that Natixis Payments has created, acquired or selected as partners. Its activities are organized into three business lines: Merchant Solutions, Prepaid & Managed Consumer Solutions and Services & Processing. Natixis Payments has led the way with a series of firsts on the French market: the launch of Samsung Pay mobile payments along with PayLib and ApplePay; being the first company to offer Instant Payment, which completes account-to-account payments in 10 seconds; the roll-out of contactless ticketing (i.e., the use of contactless payment cards as tickets) in Dijon's tram system. Natixis Payments signed a partnership agreement with fintech Transferwise that will make it possible for individual customers of the Banque Populaire banks and Caisses d’Epargne to use their mobile banking app to transfer money to more than 60 countries at the best possible exchange rate. This was a first for Europe. Natixis Payments is now offering QR code payment solutions so that Chinese visitors to France can pay for their purchases using their WeChat Pay and AliPay e-wallets, with no need for a payment terminal. Natixis Payments significantly expanded its Benefits range by acquiring Comitéo, a software platform aimed at works councils and employees; becoming the sole shareholder of Titres Cadeaux, a joint venture with La Banque Postale in 2006;

2018 Key figures 20% of the French payments market (1) No. 1 card issuer in continental Europe 22 million cards managed 7.6 billion mass transactions processed €1.2 billion in service voucher issuance

CORPORATE CENTER 1.3.5

Coface Coface, a global expert in trade risk prevention and guarantees for corporate clients 70 years of experience and a dense geographic network have made Coface a benchmark in credit insurance, risk management and the global economy. The experts at Coface, which aims to become the most agile credit insurance partner in its industry, operate in the heart of the global economy. They help their 50,000 customers build successful, dynamic, and growth-oriented companies by protecting them from the risk of financial default by their clients. Coface’s services and solutions protect companies and help them make the necessary credit-related decisions to strengthen their ability to sell their products on both domestic and export markets. A new slogan: Coface for trade Speaking at its Country Risk Conference in Paris, on January 23, 2018, Coface introduced a new corporate slogan: Coface For Trade .

Internal analysis. (1)

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Natixis Registration Document 2018