NATIXIS - 2018 Registration document and annual financial report

PRESENTATION OF NATIXIS Natixis and its shareholders

Laurent Mignon then presented the financial statements and the highlights of 2017, followed by the results for the first quarter of 2018. After presenting Natixis’ corporate governance and the work carried out by the Board of Directors in 2017, François Pérol explained his reasons for resigning as Chairman of the Groupe BPCE Management Board and Chairman of the Natixis Board of Directors after nearly 10 years in office. He will be replaced by Laurent Mignon who will in turn be replaced by François Riahi as Chief Executive Officer of Natixis. Mr Riahi was introduced to the shareholders. After the presentation on Natixis’ corporate governance, François Pérol gave the floor to Compensation Committee Chairman, Nicolas de Tavernost, who reported on the work of the Committee and detailed the compensation of the directors and the regulated population. Among other things, he presented information on executive officers’ compensation under Sapin II and changes in governance. The question and answer session began with written questions received from the Friends of the Earth association about Natixis’ funding of the oil and gas sectors. (All the responses are available on Natixis’ website). The discussions then moved on to, among other topics: the performance of the share price since its market launch a and its possible return to that level; Natixis' capacity to distribute dividends while investing; a the insurance business; a Environmental and Social Responsibility (ESR); a

the impact of softer US banking and tax regulations on a Natixis; the financing of projects involving oil derived from oil sands; a Natixis' commitments in the coal sector; a patronage and sponsoring figures. a Since no one else asked to take the floor, the meeting proceeded to vote on the resolutions. The final quorum was 84.20% and all resolutions were adopted. The adopted resolutions included: the 2017 financial statements; a the payment of a dividend in cash of €0.37 per share, a representing a payout ratio of 74%. The dividend was detached on May 28, 2018 and paid starting on May 30, 2018; the compensation due in respect of fiscal year 2017 to the a Chairman and Chief Executive Officer (“Say on Pay”) and the budget for compensation paid in 2017 to the regulated population; the compensation policies for the Chairman and Chief a Executive Officer in respect of fiscal year 2018; changes in the composition of the Board of Directors, a particularly in order to stagger directors’ terms of office. The webcast and presentation of the General Shareholders’ Meeting are available for five years on the Natixis website’s Investors & Shareholders section under the heading “Shareholders’ Meetings”.

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Two awards in 2018—Agefi’s Shareholder Democracy Award and Le Revenu’s Gold Trophy for Best Shareholder Services Natixis’ Individual Shareholder Relations team received two awards in 2018.

At the 2018 Agefi Awards , Natixis was awarded the Shareholder Prize for shareholder democracy, information transparency and communication quality in the CAC 80 companies category. This is the first time that Natixis has received this prize, which honors the work of the Individual Shareholder Relations and Corporate Governance teams. The award recognizes: the existence of a Shareholders’ Consultative Committee; j the organization of information meetings for shareholders; j the AGM convening notice and its translation into English; j the existence of a user-friendly space on the website dedicated to the AGM; j separate resolutions for each related-party agreement; j the use of Votaccess by the Company; j the publication of a summary of the AGM on the Company’s website; j the publication of the Q&A session at the meeting; j the availability of a video recording of the AGM on the Company’s website. j Natixis was also awarded Le Revenu magazine’s Gold Trophy for Best Shareholder Services in the SBF 120 Companies category (excluding the CAC 40) (after winning the Bronze Award in 2016 and the Silver Trophy in 2017). The award recognizes new, creative and proactive solutions developed by shareholder services teams to continuously improve shareholder relations and facilitate contact. Both of these awards recognize the efforts made by Natixis’ Shareholder Relations team to serve its individual shareholders.

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Natixis Registration Document 2018

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