NATIXIS -2020 Universal Registration Document

7 CAPITAL AND SHARE OWNERSHIP Shareholder voting rights

Shareholder voting rights 7.6

None of the Company’s shareholders holds different votingrights. In line with Article 25 of the Company’s bylaws, and as an exception to the granting of double voting rights to any fully paid-up shares that can be proved to have been registered in the name of the same

shareholder for at least two years as stipulated by Article L.22-10-46 of the French Commercial Code, each member of the meeting has a right to as manyvotes as they hold or are represented by shares.

Share buyback program 7.7

In accordance with Articles 241-2 and 241-3 of the AMF General Regulation and Delegated Regulation (EU) 2016/1052 of March 8, 2016, the Company presents below the description of the share buyback program that will be subject to the approval of the Combined General Shareholders’ Meeting of May 28, 2021. This program will replace the one authorized by the Combined General Shareholders’ Meeting of May 20, 2020. As of December 31, 2020, Natixis held 4,014,663 of its own shares, i.e. 0.127% of its share capital, mainly intended for the promotion of Natixis shares on the financial markets under the liquidity contract. In accordance with the regulations in force, these shares have no dividend rights or voting rights. Information on the use made of the previous share buyback authorization is provided in section 7.1.1.2 of this universal registration document. The various objectives of this share buyback program set out in the 19 th resolutionsubmitted to the General Shareholders’Meeting of the Company on May 28, 2021, are notably, in accordance with the regulations in force and the market practices accepted by thAeMF: market making for Natixis stock in the secondary market or V ensuring the liquidity of Natixis stock; award bonus shares in accordance with the provisions of Articles V L.225-197-1 et seq. and L.22-10-59 et seq. of the French Commercial Code; or award or transfer shares to employees in connection with their V share of Company profits or implement any Company or group employee savings plan (or similar plan) under the conditions provided for by law, in particular Articles L.3332-1 et seq. of the French Labor Code; or implement any Company stock option plan in accordancewith the V provisions of Articles L.225-177 et seq. and L.22-10-56 et seq. of the French Commercial Code or any similar plan; or Objectives of the share buyback program

in general, honor obligations related to stock option programs or V other share awards to employees or corporate officers of the issuer or a related company based on the provisions of Articles L.225-180 and L.225-197-2 of the French Commercial Code; or cancel all or aportion of the shares bought back accordingly; or V tender shares in connectionwith the exercise of rights attached to V securities convertible into the Company’s shares, by way of redemption, ordinary conversion, exchange, presentation of a warrant or any other manner; or tender shares (for exchange, payment or another reason) in V connection with acquisitions, mergers, spin-offsor asset transfers. This program is also intended to enable the Company to implement any market practices that might be permitted by the AMF and, more generally, to conduct any other transaction that complies with the regulations in effect. In such a scenario, the Company will notify its shareholders by means of a press release. Minimum purchase price - Maximum amount allocated to the program and maximum number of shares Under this share buyback program, the Company may acquire its own shares subject to a maximumpurchase price of ten (10) euros per share (price unchanged since 2015). The Board of Directors would be authorized to set up a treasury share buyback program up to a limit of 10% of the total number of shares comprising the Company’s share capital , or 5% of the total number of shares comprising the share capital of the Company with a view to their holding and delivering them in payment or in exchange in the context of a merger, demerger or contribution. The Company cannot under any circumstanceown at any given time more than 10% of the shares comprising its share capital. The total amount allocated to the share buyback programmay not exceed €3,155,951,502 as calculated on the basis of the share capital at December 31, 2020 (excluding the deduction of treasury shares at December 31, 2020).

550

NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2020