NATIXIS -2020 Universal Registration Document

3 RISK FACTORS, RISK MANAGEMENT AND PILLAR III Basel 3 Pillar III disclosures

Differences between consolidation scopes (entity by entity) (EU LI3)

The table below lists the subsidiaries for which the method of regulatory consolidation is different from the method of accounting consolidation.

Method of accounting consolidation

Method of regulatory

Name of entity

consolidation Description of the entity

Country

Versailles

Full consolidation

Equity method

Securitization vehicle United States

Insurance company holding company

Full consolidation Full consolidation Full consolidation

Equity method Equity method

France

NATIXIS ASSURANCES

NATIXIS LIFE

Life insurance Luxembourg

BPCE PRÉVOYANCE

Equity method Personal protection insurance

France

Insurance real estate investments

FRUCTIFONCIER

Full consolidation Full consolidation

Equity method Equity method

France France

BPCE Vie

Insurance

Insurance investment mutual fund Insurance real estate investments Insurance investments (Securitization funds) Insurance investments (Securitization funds) Insurance investment mutualfund Insurance real estate investments Insurance investment mutual fund Insurance investment mutual fund Insurance investment mutual fund Insurance investment mutual fund Insurance investment mutual fund Insurance company Service provider

REAUMUR ACTIONS

Full consolidation

Equity method

France

Nami Investment

Full consolidation Full consolidation

Equity method Equity method

France France

BPCE RELATION ASSURANCES (GIE)

FCT TULIP NOTE – compartment 1

Full consolidation

Equity method

France

Full consolidation

Equity method

France

FCT NA F ECO IMM II

AAA Actions Agro Alimentaire

Full consolidation

Equity method

France

Fructifonds Immobilier

Full consolidation

Equity method

France

Full consolidation

Equity method

France

OPCI FRANCEUROPE IMMO

SELECTIZ

Full consolidation

Equity method

France

SELECTIZ PLUS

Full consolidation

Equity method

France

Allocation Pilotée Équilibre C

Full consolidation

Equity method

France

MIROVA EUROPE ENVIRONNEMENT C

Full consolidation Full consolidation Full consolidation

Equity method Equity method Equity method

France France France

BPCE ASSURANCES

BPCE APS

Service provider

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2020