NATIXIS -2020 Universal Registration Document

GENERAL SHAREHOLDERS’ MEETINGS Combined General Shareholders’ Meeting of May 28, 2021

Report of the Board 8.2.2 of Directors on

Resolutions requiring the approval of the Ordinary General Shareholders’ Meeting (resolutions one to nineteen) Approval of the financial statements for fiscal year 2020 (1 st and 2 nd resolutions) In the first and second resolutions, the General Shareholders’ Meeting is asked to approve the 2020 Natixis parent company and consolidated financial statements, respectively. Comments on the parent company and consolidated financial statements are detailed in Natixis’ 2020 Universal Registration Document. Appropriation of 2020 earnings (3 rd resolution) The third resolution concerns the allocation of Natixis’ earnings and proposes the payment of a dividend, paid in cash of €0.06 per share in line with ECB recommendations. Natixis’ parent company financial statements at December 31, 2020 showed positive net income of €142,691,880.31. After taking into account retained earnings of €3,250,193,296.65, and as the legal reserve exceeded 10% of the share capital, distributable earnings amounted to €3,392,885,176.96. The third resolution proposes (i) to pay a dividend per share of €0.06 (six euro cents), charged in full against distributable earnings for fiscal year 2020, and (ii) to allocate the remaining distributable earnings to retained earnings. Based on the share capital at December 31,2020, on the assumption that no treasury stock existed on that date and without taking into account any shares with immediate dividend rights created after December 31, 2020, the total dividend will be €189,357,090.12 charged against distributable earnings and the balance (€3,203,528,086.84) will be allocated to retained earnings. The dividendwould be detached from the share on June 2, 2021 and paid from June 4, 2021. For individual beneficiarieswho are tax residents of France and hold shares outside of an equity savings plan, these dividends are subject to income tax: at a single flat-ratewithholdingtax ( PFU tax) of 12.8%, the tax base V of which is the gross amount of dividends (Article 200 A of the French General Tax Code); or at the express and irrevocable option of the beneficiary when V declaring his/her income, at the progressive income tax scale following the application of an allowance of 40% of the gross amount of dividends (Article 158-3-2° of the French General Tax Code). Regardless of the tax treatment of dividends for income tax purposes (PFU or progressive income tax scale), the paying establishment located in France must collect: a mandatory non-definitive flat-rate withholding tax ( PFO ) at a rate V of 12.8% (Article 117 quater of the French General Tax Code) as an initial income tax payment, unless individual beneficiarieswho are tax residents of France have applied for an exemption under the conditions set out in Article 242 quater of the French General Tax Code; social security charges of 17.2%. V When the progressive income tax scale is applied to dividends, the portion of social withholding tax correspondingto CSG (contribution sociale généralisée — general social security tax) is deductible from taxable income at a rate of 6.8%. All the Company’s shares are eligible for this tax treatment.

the resolutions submitted to the Combined General Shareholders’ Meeting of May 28, 2021

The purpose of this report is to present the draft resolutions submitted by your Board of Directors to your General Shareholders’ Meeting. You may refer to the 2020 Universal Registration Document for an overviewof the financial condition, activity and results of Natixis and its Group during the past fiscal year and the various disclosures required by the legal and regulatory provisions in effect (also available on the Natixis website: www.natixis.com ). Twenty-nine resolutions will be submitted to the shareholders at the Combined General Shareholders’ Meeting to be held at 3 p.m. on May 28, 2021 at Palais Brongniart, 25 place de la Bourse — 75002 Paris. These resolutions can be categorized into two groups: The first nineteen resolutions (from the 1 st to the 19 th resolution) V fall within the remit of the Ordinary General Meeting and concern: (i) the approval of the financial statements and appropriation of earnings, (ii) the approval of related-party agreements, (iii) the approval of the information mentioned in I of Article L.22-10-9 of the French Commercial Code, (iv) the approval of the elements comprising the total compensation and benefits of any kind paid during fiscal year 2020 or allocated for the same fiscal year to the Chairmanof the Board of Directors and the Chief ExecutiveOfficer, (v) the approval of the compensation policy for the Chairman of the Board of Directors, the Chief Executive Officer and the members of the Board of Directors, (vi) the total amount of compensation paid in 2020 to the persons referred to in Article L.511-71 of the French Monetary and Financial Code, (vii) the ratification of the co-option of two (2) directors, (viii) the renewal of the term of office of one (1) director, (ix) the appointment of three (3) directors following their resignation to promote the staggering of directors' terms of office, and (x) the Company’s involvement on the market for its own shares, The following ten resolutions (from the 20 th to the 29 th resolution) V fall within the remit of the Extraordinary General Shareholders’ Meeting and concern (i) the renewal of all financial authorizations and delegations intended to give your Company the financial means to develop and carry out its strategy, (ii) the ratification of the amendment to the bylaws in order to comply with the applicable laws and regulations and (iii) powers to carry out the formalities related to this Combined General Shareholders’ Meeting.

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2020