NATIXIS -2020 Universal Registration Document

2020 NON-FINANCIAL PERFORMANCE REPORT Business line contributions to green and sustainable growth

In January 2020, Mirova supported the launch by Natixis Assurances of its first green bonds strategy, for an initial amount of €30 million, supplemented in July 2020 by a new Euro green bonds strategy. These two strategies propose a portfolio aligned with a global warming trajectory of less than the 2°C driven by the Paris Agreement. Natixis Assurances has entrusted Mirova with the managementof a portfolio that should reach several hundredmillion euros. As well as green bond issuance, since 2018, Natixis has also offered two types of green or sustainable loans: loans earmarked to finance environment-related projects (term loans called “green loans”) and syndicated loans meeting ESG criteria (green revolving credit facilities or green RCF called “sustainability-linked loans” or “ESG-linked loans”). 31 transactions were completed in 2020. In addition, in 2020 Natixis structured two green REPOs for the first time.

Natixis arranged 34 green bond issues in 2020, for a total arranged amount of €15.9 billion, confirming its solid positioning on this market, especially in Europe. Natixis acted as Sole Green Structuring Advisor and Joint Bookrunner for Engie’s Green Bond: this transaction was over-subscribed for an amount of €2.5 billion, with an order book amounting to €9.5 billion at closing. This obligationwill contribute to Engie’s ambition to become the world leader in supporting businesses and local authorities towards carbon neutrality. The funds will be used for renewable energy production, energy storage, transmission and distribution infrastructure, energy efficiency and CO2 capture. Natixis is also active in green bond investments through its Asset Management affiliates. Ostrum AM manages outstanding green bonds amounting to €11.5 billion, through its funds and mandates, i.e. a doubling of outstanding amounts following the merger with LBPAM.

2020 KEY EVENT Structuring of a first financing platform of the “Low carbon aluminum” type Natixis is committed to extending the scope of sustainable finance to all financing instruments, including trading activities. Thus, Natixis supported Trafigura in the design and structuring of a first financing platform of the “Low Carbon Aluminum” type of up to $500 million. This platform was designed to meet the growing demand from downstreammanufacturersfor low-carbonaluminumand to help upstreamproducersacceleratetheir transition to low-carbon technologies. The environmental transition of many industries will largely rely on the creation of a low-carbon aluminum value chain from extractionto end use. This financing is the first step in this process, notably by mobilizingthe key players in this value chain.

Development of low carbon structured products 6.4.2.5

6

Structuredsolutionsbased on the indices developedsince 2015 (1) have been proposedwith innovativedforms – structurednotes, green bonds and equity linked bonds – to meet the need for investment in sectors contributing to the energy and ecological transition with a range of solutions for both retail and institutional investors indifferent geographical regions.

2020 KEY EVENT “Développement des Territoires”: First structured product combining social obligation and climate index As environmental and social issues are increasingly closely linked, financial products must take into account this growingholisticvision. This structuredproduct thus combinesa social bonddedicatedto local economicdevelopment in France and an underlying climate-themedindex. All funds collected by the social obligationwill finance VSEs and SMEs in economicallyand socially disadvantagedareas in mainlandFrance, in particular those hard hit by COVID-19; this product thus contributes tothe reduction of regional inequalities and to the resiliencoef the economy. The climate-themedindex, EuronextClimateObjectiveEuro Decrement5%, focuses on companiesseeking to improve their carbon performance,their environmentalcommitmentsand their ability to offer products and services that are compatible with an economy reducing their carbon footprint. This product is offered in partnershipwith the insurer Groupama, Natixis acting as issuer and the social bonds being distributed by Groupama. For this product, Natixis received the investment bank of the year in the “Equity products” category at the Banker Awards 2020.

ECO5 index: Euronext index launched in 2018, Climate Orientation, Solactive Climate and Energy transitions indexes. (1)

493

www.natixis.com

NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2020