NATIXIS -2020 Universal Registration Document

1 PRESENTATION OF NATIXIS Natixis’ businesses

acquisition of the British group Inter Terminals. In the telecoms sector, Natixis acted as Iliad’s Underwriter and MLA Bookrunner in the financing of €2.3 billion and bacskstop of €1.65 billion for the acquisition of the Polish mobile operator Play Communication. In Asia, Natixis acted as arranger and bookrunner in a syndicated loan of $1.75 billionwith a view to financing the acquisitionof Pinehill Ltd by PT Indofood, a listed food group in Indonesia. In 2020, volumes in the leveraged buyout segment for investment funds were smaller despite a recovery at the end of the year. Some successful achievements can be noted: in France, Natixis arranged and coordinated (Sole Sustainability Coordinator and Facility Agent) for IK Partners in connection with the acquisition of Kersia, a leader in biosafety and food safety, the first sustainability-linked LBO (€520 million) for a French loan. In North America, Natixis acted as Joint Lead Arranger and Joint Bookrunner in the acquisition by the Stonepeak InfrastructurePartners fund of Xplornet Communications, the leading Internet access provider in rural areas in Canada. Lastly, as Joint Bookrunner, Natixis set up a funding of existing debts as well as the financing of an exceptional dividend to the shareholders of Astoria Energy I, an electricity producer and supplier, in particular for New York City. Bond origination Operating on the principal European, American and Asian markets, Natixis serves all types of issuers (corporates, financial institutions, sovereigns/supranationals/agencies),helping them obtain financing on the euro and foreign-currency bond markets (£, $, ¥), and particularly in the green bond, investment grade, covered bond, high yield, hybrid and private placement segments. Primaryactivitywithout financialintermediarieswas particularlystrong in 2020 for corporates.Natixiswas the preferredinstitutionof French companiesfor the launchof their publicbondsand stoodat the top of the league table of the “non-dilutive hybrid segment in France” (Number 1 LT hybrid and senior corporate FR; source: dealogic ). Among other transactions, Natixis acted as Global Coordinator and Structurer of the perpetual double tranche transaction for VEOLIA. Natixis joined as active joint bookrunner in the perpetual issues of TOTAL, EDF, Orange and ABERTIS for their first transaction in a “hybrid” format. Regarding foreign currency transactions, DCM corporate Natixis acted notably as ESG structurer of the senior secured transaction of NRG Energy Inc. in the amount of US$900 million and assisted LVMH as a global coordinator with its EUR/GBP multi-currency transactionwhich prefinancedthe acquisitionof Tiffani & Co. and the general needs of the Company. In 2020, Natixis furthered its development in the subordinated debt segment for financial institutions, with a total of 12 transactions, including ten in the insurance sector. This development was particularly marked in Europe, with transactions for Phoenix (RT1 in USD), Helvetia (Tier <2), Generali (Green T2 combinedwith a buyback of existing debt), and Ageas (T2) with a role of Global Coordinator, and Bankinter (AT1), or La Banque Postale (Tier 2 mandate).

Natixis also continues its sustainable finance strategy by positioning itself in a variety of green and social bond transactions, with a total of twelve mandates executed. Notable events include the participation in bond issues aimed at supporting activities affected by the health crisis (“COVIDBonds”) for the Spanish banks BBVA and CaixaBank. In green transactions, Natixis was largely involved in the inaugural issue of Crédit Mutuel (BFCM), as well as in the issues of the Belgian bank KBC, the Swedish bank SBAB, the German bank Commerzbank, the Spanish bank Bankinter, the Japanese bank Mizuho and ultimately Bank of China. Natixis also served in a number of flagship transactions in investment grade and emerging sovereign markets, including bonds issued by the Kingdom of Belgium (€5 billion), the Kingdom of Morocco (€1 billion in double tranche and US$3 billion in triple tranche), and the Sultanate of Oman (US$2 billion in double tranche). In addition, Natixis was the structurer of the Mexico ESG Framework (the inaugural ESG issue for an amount of €750 million). In the unprecedentedhealth context, Natixis acted as structurer and bookrunner for most of the issues by French agencies, including the CADES inaugural social issue (€5 billion, with Natixis as Framework Structurer), the AFD inaugural Sustainable Bond (€2 billion, with Natixis as Framework Structurer) and the Unedic inaugural social issue (€4 billion, with Natixis as Framework Structurer). This year, Natixis maintained a privileged relationshipwith the World Bank (three mandates totaling €7.5 billion in issues). Natixis also strengthened its international franchise with a new Canadian client Omers (the inaugural issue of €1 billion) and maintained a strong presence in European supranationals, including the European Investment Bank(the €5 billion benchmark) and ESM (€1.5 billion). Equity Capital Markets On the equity Capital Markets (ECM), Natixis provides clients with tailored advisory services for all transactions that affect their capital structure: IPOs, capital increases and convertible or exchangeable bond issues. Natixisalso providesadvice on how to conduct takeover bids. Natixis also includes the corporatebroking activity, which offers intermediationservices to clients: acquisitionsor disposals of equity investments, share buybacks and liquidity contracts. 2020 was unprecedented in many aspects. Since one of the largest market lows of all times in the first quarter, markets rallied hard and some equity indices reached record levels again, particularly in the United States. In primary equity markets, against all odds, European volumes surged in 2020, up 75% compared to 2019, driven in particular by the need to reinforce equity or other recapitalization.On the other hand, the French market was marked by a completely different trend (issuance volumes in line with those of 2019), with many French companiesapplying for State-guaranteedloans rather than using the market to finance this crisis.

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2020