NATIXIS -2020 Universal Registration Document

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

Provisions governing the leverage ratio (in millions of euros)

31/12/2019

31/12/2020

87,317 (7,909)

95,448

Gross SFT assets (with no recognition of netting), after adjusting for sales accounting transactions

(Netted amounts of cash payables and cash receivables of gross SFT assets)

(22,150)

6,334

6,538

Counterparty credit risk exposure for SFT assets

Derogation for SFTs: Counterparty credit risk exposure in accordance with Article 429b (4) and 222 of Regulation (EU) No. 575/2013 Agent transaction exposures (Exempted CCP leg of client-cleared SFT exposure) TOTAL SECURITIES FINANCING TRANSACTION EXPOSURES (SUM OF LINES 12 TO 15A)

85,741

79,836

Other off-balance sheet exposures Off-balance sheet exposures at gross notional amount (Adjustments for conversion to credit equivalent amounts)

83,457

81,622

(41,662) 41,795

(43,128) 38,494

OTHER OFF-BALANCE SHEET EXPOSURES (SUM OF LINES 17 AND 18)

Exempted exposures in accordance with CRR Article 429 (7) and (14) (on and off-balance sheet) (Exemption of intra-group exposures (solo basis) in accordance with Article 429(7) of Regulation (EU) No. 575/2013 (on and off-balance sheet)) (Exposures exempted in accordance with Article 429 (14) of Regulation (EU) No. 575/2013 (on and off-balance sheet))

(12,501)

Capital and total exposures Tier-1 capital

14,283 370,669

13,312 381,876

Total leverage ratio exposures (sum of lines 3, 11, 16 and 19)

Leverage ratio Basel 3 leverage ratio

3.9%

3.5%

Choice on phase-in arrangements and amount of derecognized fiduciary items Choice on phase-in arrangements for the definition of the capital measure Amount of derecognized fiduciary items in accordance with Article 429(11) of Regulation (EU) No. 575/2013 EXPOSURE RELATED TO AFFILIATES LEVERAGE RATIO EXCLUDING EXPOSURE RELATED TO AFFILIATES

59,708 4.6%*

56,614

4.1% Leverage ratio: based on delegated act rules, without phase-in measures (presentation including 2019 earnings, net of dividends (1) declared) and with the * assumption that non-eligible subordinated notes under Basel 3 are renewed by eligible notes. Repo transactions with central counterparties are offset in accordance with IAS 32 rules without maturity or currency criteria. The ratio is presented after canceling transactions with affiliates, pending ECB authorization. [1] In accordance with the ECB’s recommendations, the 2019 dividend was reintegrated into the share capital of Natixis and no dividend accrual was made in the first nine months of the year 2020 - see press release dated March 31, 2020. Proposed dividend for 2020 deducted from regulatory capital as from the fourth quarter of 2020.

Large exposures ratio 3.3.2.3 Large exposures ratio Regulations on the monitoring of large exposures were revised in 2014 and are now part of the CRR. The objective of these regulations is to limit Natixis’ exposure to the risks associated with a set of counterparties, grouped under a

banner known as “Head of Group”. Compliance with these regulations is measured daily, ensuring that risk-weighted assets (RWA) relating to each Head of Group are systematically lower than the Large ExposureLimit, currently set at 10% of Natixis’ total capital. Natixis complied with this regulation throughout 2020.

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2020