NATIXIS - 2018 Registration document and annual financial report

NON-FINANCIAL PERFORMANCE REPORT Business line contributions to green and sustainable growth

Business line contributions to green 6.3 and sustainable growth

In line with the sustainable development objectives of its New Dimension strategic plan, Natixis accelerated in 2018 the development of innovative financial products and services designed to service the environmental and social ambitions of its clients. Several key initiatives were launched during the year to drive the transition of each business line towards sustainable finance: the business transforming Green Weighting Factor initiative, the internal working group on natural capital and biodiversity, the expanding integration of environmental, social and governance (ESG) criteria throughout asset management strategies, Natixis Assurances’ commitment to align its investments on a climate trajectory compliant with the Paris Agreement. This pioneer strategy was rewarded by outstanding market and clients’ recognition in 2018. Natixis was in particular awarded

“most innovative investment bank for climate change and sustainability” by The Banker, and ranked #1 for green bond and ESG research by Euromoney. In 2019, Natixis intends to consolidate its leading role in sustainable finance innovation, through the full implementation of its Green Weighting Factor and by expanding ESG investing further across all Natixis investment businesses. Natixis pursues its strategic objective to double sustainable finance revenues, by expanding the range of sustainable finance products and services offered to CIB clients, launching new investment solutions in its asset management affiliates, and developing sustainable investments and products for its insurance business. Offering clients investment and financing solutions that effectively address Sustainable Development Goals have today become a key priority.

SUSTAINABLE GROWTH: FINANCING THE TRANSFORMATION IN SOCIETY 6.3.1

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Natixis uses the Sustainable Development Goals as a reference framework for all the initiatives stemming from its commitment to society besides the impact on climate change. The 17 Sustainable Development Goals for 2030 are now the benchmark for measuring progress achieved by governments and private sector companies, including financial institutions.

The SDGs are universal, inclusive, interconnected, ambitious targets that provide all of Natixis’ business lines with a framework for measuring the impact of their activities, a means of raising employee awareness, a way of encouraging cooperation between business lines, and a source of business opportunities. Natixis has identified the 11 most relevant SDGs in terms of its financing and investment activities, and these goals guide the development of its products and services.

2018 Key Event Publication of the “Solving the Sustainable Development Goals Rubik’s Cube” report In September 2018, to mark the third anniversary of Agenda 2030, Corporate & Investment Banking’s Green & Sustainable Hub (Green Hub) published its first report, entitled, “Solving the Sustainable Development Goals Rubik’s Cube—An impact-based toolkit for issuers and investors” (1) . This report describes an innovative method for using the SDGs as a reference framework. It identifies eight tools for incorporating an assessment of an activity’s impact on the Sustainable Development Goals in its strategy, financing or asset management approach. The method was tested by three Natixis clients (the Ile-de-France region, ICADE and Essilor) which took part in detailed case studies. The Green Hub was invited to present its conclusions and methodology to the inter-ministerial “Agenda 2030 Roadmap” working group at the French Ministry of the Ecological and Inclusive Transition, which brings together representatives from the private sector and civil society.

A growing number of Natixis’ asset 6.3.1.1 management companies observe the Principles for Responsible Investment (PRI) Natixis examines ESG criteria closely when preparing its investment strategies, as sustainable development issues allow it to provide investors with value-creating solutions over the long term. In 2018, Natixis Investment Managers, which groups the expertise of 26 asset management companies around the world

and ranks among the biggest asset management companies (€808 billion in assets under management at December 31, 2018), has pursued its pledge to take Environmental, Social and Governance (ESG) issues into consideration in the investment models its 26 affiliates develop autonomously. Recognition of ESG criteria, which have been an integral part of the investment policies of Ostrum AM and Mirova since their creation, is gaining ground in all of Natixis Investment Managers.

The Principles for Responsible Investment (PRI) were published by the United Nations in 2006 as a voluntary commitment encouraging institutional investors and asset managers to incorporate ESG in the management of their portfolios. As of Link to full report: https://gsh.cib.natixis.com/api_website_feature/files/download/6063/Solving-Sustainable-Development-Goals-Rubik-Cube- (1) Report- Natixis-2018.pdf.

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Natixis Registration Document 2018