NATIXIS -2020 Universal Registration Document

6 2020 NON-FINANCIAL PERFORMANCE REPORT Managing environmental, social and governance risks

Internationally, the mapping prepared by the Human Resources Departmentwas enhanced in 2020 with the collection of handbooks describing the rules applicable in the various Natixis sites. It is thus verified that the working conditions of Natixis employees comply with local regulations or improve them, particularly in terms of working hours and dismissal conditions. With regard to salaries, beyond compliance with regulatory minima, each entity participates each year in a targeted salary survey on Financial Services in order to allow the various trades to adapt their remuneration policy and verify their competitiveness. In terms of social protection, the entities rely either on surveys conducted on a multi-year basis, or on the expertise of the brokers who intervene in the management of these programs to ensure that they are in line with standards of the Financial Services industry. Overall, maternity leave is more favorable than local regulations. On the basis of this initial assessment, the Human Resources Department is considering a group-wide employment framework for all Natixis employees regardless of the country, covering, for example, minimum paternity/maternityleave, the implementationof minimums or standards in social protection or access to an employee savings scheme. The safety and security of Natixis’ employees and service providers are of vital importance . In 2019, the Security Department at Natixis in Paris rolled out solutions for all its offices focused on two major aspects: early warning and self-assessment. Early warning systems are essential to be able to anticipate and respond quickly to risks and dangerous situations. To allow this, security managers can now access an early warning system on the internet that analyzes safety and security risks arising from geopolitical events. The self-assessmentand compliancesystemused for the past three years has been reviewedand rationalized. Its use was extended from France to all offices at the end of 2019. Travel safety around the world is enhanced through an application that brings together all travel agencies and offers training adapted to each trip. A global security unit is being developed to better coordinate actions and costs. For several years now, Natixis has addressed the human rights and environmental risks incurred by some of its financing activities, most notably by applying the Equator Principles for project financing or specific policies for sensitive sectors. In addition, the ESR Department has implementedwith the business lines, the Compliance and Risk Departments a solution to identify, assess, and monitor corporate clients’ environmental, social and governance (ESG) risks. The assessment process will gradually be applied to the portfolio of existing clients, taking into account the review schedule (see Chapter [6.4.1]) . Managing risks in our financing activities

whistleblowing system is available to any person holding an employment contract with Natixis, as well as to employees of external service providers or subcontractors (see Chapter [6.2.5]) .

Climate risks 6.5.3 The environment and climate emergency is one of the biggest challenges facing the world’s economies and every one of us. The financial sector can and must spearhead the ecological transition by channeling funds into a sustainable economy. As a provider of financial solutions, Natixis has a role to play in thismovement. As a financial institution and major economic player, Natixis is exposed to climate risk in the running of its operations and business activities. Taking this climate risk into considerationis crucial for the bank in all its areas of business: Asset Management, Financing and investments, insurance and Payments. Natixis has taken a series of measures to adapt to the effects of climate change : the consequences of extreme climate events (e.g. storms, V heatwaves, flooding of the Seine, etc.) that can directly impact Natixis in France and internationallyare addressed in the Business Continuity Plan (BCP). The impact of the different scenarios is assessed in the operational risk map, resulting in the calculationof a VaR (value at risk) that takes into account external data, the quality of the BCP and insurance coverage; the climate risks linked to our business operations are taken into V account insofar as Natixis’ clients may themselves be subject to climate risks. These include physical risks (exposure to physical consequences caused directly by climate change) and transition risks (exposure of certain sectors to the adjustments brought about by the transition to a low-carbon economy). Since 2019, these risks have been incorporated into Natixis’ risk monitoring system, the Risk Appetite Framework. Pursuant to Article 173 of the French Energy TransitionAct, Natixis is required to report on the climate risk management tools it has put in place and on its low carbon strategy. Measuring the climate change risks associated with our activities: local works Since 2016, Natixis has been part of a working group to improve recognitionof these risks: specifically, and in line with the Autorité de Contrôle Prudentiel et de Résolution (ACPR – French Prudential Supervisory Authority for the Banking and Insurance Sector), BPCE and Natixis participated in a working group addressing Article 173, Provision V of the Energy Transition for Green Growth Act of August 17, 2015, with a view to drawingup stress test scenarios.The working group reviewed the sectors most exposed to physical risk and to transition risk. In 2018, Natixis joined the UN Environment Program Finance Initiative (UNEP-FI) to address climate risks alongside 16 international banks. Their aim is to meet the challenges of implementing some of the recommendations made by the Task Force on Climate-Related Financial Disclosure (TCFD) by establishing a joint methodology for conducting stress tests on climate change-related risks (physical and transition risks).

Whistleblowing system

The whistleblowingsystem forms an integral part of Natixis’ Code of Conduct and is based on a company-wide policy which sets the minimum standard to be applied throughout Natixis group. In July 2018, Natixis S.A. published an updated version of its existing whistleblowing system to reflect the latest regulatory changes. The

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2020