NATIXIS - 2020 Meeting notice combined general shareholder's meeting

Strategic plan

STRATEGIC PLAN

STRATEGIC PLAN

NEW DIMENSION : NATIXIS’ 2018-2020 STRATEGIC PLAN following the success of the New Frontier strategic plan (2014-2017)

The New Dimension ambition: differentiation and sustainable value creation through targeted expertise.

NATIXIS ADOPTED 3 STRATEGIES

DEVELOPING THE BUSINESS LINES

ENHANCED AGILITY

CAPITAL GENERATION

STRONG VALUE CREATION

OPERATIONAL EFFICIENCY

DIVERSIFICATION OF SOURCES OF REVENUES VV A balanced and diversified business mo d e l b e t we e n b a n k i n g a n d non-banking activities, the latter representing ~60% in 2019 vs. ~45% in 2017 and ~50% in 2013. VV Outside Europe: >50% of Asset &Wealth Management revenues excluding Europe, 37% for Corporate & Investment Banking CIB.

VV Des métiers aux RoE élevés et durables . VV Un potentiel de croissance significatif grâce à des expertises sectorielles différenciantes .

Transformation & operational excellence program: target of €300m in recurring annual savings by 2020.

NEWWAYS OF WORKING

DISPOSAL OF NATIXIS RETAIL ACTIVITIES

VV Shared tools and mobile systems for all. VV Increased telecommuting.

Acceleration of the asset-light model.

LOW DEPENDENCE ON INTEREST INCOME

Share of NII in net revenues: 9% in 2019 vs. 12% in 2018 and 33% in 2013.

MANAGED RWA GROWTH

DIGITAL TRANSFORMATION

SIMPLIFYING THE ORGANIZATION

New leadership roles aimed at increasing span of control by 35%.

RWA growth target below net revenue growth forecasts for the period of the strategic plan.

Major initiatives across the business lines (user platforms, automation, overhaul of business processes, etc.).

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NATIXIS MEETING NOTICE 2020