NATIXIS -2020 Universal Registration Document

FINANCIAL DATA Consolidated financial statements and notes

Securitization assets for which the counterparties to the associated debts have recourse only to the transferred assets

31/12/2020

31/12/2019

Carrying amount of asso- ciated liabilities

Carrying amount of asso- ciated liabilities

Fair value of trans-

Fair value of asso- ciated liabilities

Fair value of trans-

Fair value of asso- ciated liabilities

Carrying amount of assets

Carrying amount of assets

ferred assets

Net position

(in millions of euros)

ferred assets

Net position

Securitization assets

4,172 4,172

4,412 4,412

(240) (240)

4,809 4,809

4,214 4,214

4,809 4,809

4,214 4,214

595 595

4,172 4,172

4,412 4,412

TOTAL

7.7.2.2

Fully derecognized transferred financial assets for which continuing involvement

is maintained The fully derecognized transferred financial assets for which Natixis maintains continuing involvement include transfers of assets to a deconsolidatedsecuritization vehicle in which Natixis has an interest or an obligation, where these latter do not compromise the transfer of virtually all of the advantagesand risks attached to the transferred assets. 7.7.3 This heading covers financial assets received as security under financial guarantee agreements with the right to reuse the assets in the absence of any default on the part of the owner of theguarantee. The fair value of the financial assets received as security that Natixis may sell or reuse as security was €219 billionat December 31,2020, versus €234 billion at December 31, 2019. 7.7.4 The table below provides, by type of financial instrument, a breakdown of the age of financial assets which were past due but not individually impaired at the reporting date. It does not take into account impairments based on any portfolios that may have been created. Past due assets are assets in arrears (i.e. missed principal or interest payments), but which have not yet been impaired. For overdrafts, arrears are countedas of the date when the customer is notified; the amount shown represents the total overdraft.

At December 31, 2020 (as at December 31, 2019), there was no material impact from continuing involvement in a securitization vehicle maintained by Natixis.

Financial assets received as security and able to be sold or reused as security

The fair value of the financial assets received as security that were resold or reused as security was €167 billion at December 31, 2020, versus €177 billion at December 31, 2019.

5

Financial assets that are past due but not impaired

“Technical” delinquencies, meaning those related to incidents occurring in the collection process and unrelated to the counterparty’s financial situation, are not included. The age of each amount in arrears is determined according to the age of the first missed payment on the balance in question. The breakdown for the period is prepared on the basis of the first missed payment.

Payment arrears at 31/12/2020

Payment arrears at 31/12/2019

≤ 90 days

> 90 days ≤ 180 days

> 180 days

≤ 90 days

> 90 days ≤ 180 days

> 180 days

Type of assets (in millions of euros)

≤ 1 year > 1 year

Total

Total

≤ 1 year > 1 year

Loans and receivables due from banks

2

2

Customer loans and receivables

333

333 1,404

1,404

Other financial assets TOTAL (a)

333

333 1,406

1,406

Including €690.6 million from Coface at 31/12/2019.

(a)

335

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2020