NATIXIS - 2018 Registration document and annual financial report

7 LEGAL INFORMATION

Statutory Auditors’ special report on related-party agreements and commitments

The rules for calculating the amount of Laurent Mignon’s severance pay comply with the principles in effect for members of BPCE’s Management Board. This agreement, along with amendment n°1 to this agreement, were approved by the May 20, 2014 General Shareholders' Meeting; The non-compete agreement as authorized by the Board of a Directors on February 19, 2014. This non-compete agreement is limited to a period of six months, and includes a payment equal to six months of the fixed compensation in effect on the date when his corporate office is terminated. It should be noted that the total amount of the severance payment and the non-compete payment may not exceed a cap set at 24

months’ monthly reference compensation, as defined in the commitment relating to his severance payment. This provision is in line with the implementation of the New Frontier plan and retention practices. This agreement was approved at the Ordinary General Shareholders' Meeting of May 20, 2014. These agreements were approved again by the May 19, 2015 General Shareholders' Meeting. Director concerned on the applicable date: Laurent Mignon, Chief Executive Officer of Natixis. a This agreement had no financial impact in 2018 and terminated on June 1, 2018.

Neuilly-sur-Seine and Paris La Défense, March 15, 2019

The Statutory Auditors

PricewaterhouseCoopers Audit Emmanuel Benoist

Deloitte & Associés Jean-Marc MICKELER Charlotte VANDEPUTTE

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Natixis Registration Document 2018