NATIXIS -2020 Universal Registration Document

8 GENERAL SHAREHOLDERS’ MEETINGS

Combined General Shareholders’ Meeting of May 28, 2021

In certain cases, your Board of Directors may institute a subscription right with over-subscription privileges for the benefit of the shareholders. If it were instituted, in the event that subscriptions on an irreducible basis (i.e., by exercise of preferential subscription rights) were insufficient, the unsubscribed equity securities would be allocated to the shareholders who subscribed with over-subscription privileges to a number of shares greater to the number to which they could subscribe on a preferential basis, in proportion to the subscription rights they have and in any case within the limit of their requests. Characteristics of the securities giving access to the share capital likely to be issued on the basis of the 21 st to 27 th resolutions: The 21 st to 27 th resolutions presented to this General Shareholders’ Meeting would enable your Board of Directors to decide on the issue of securities giving access to the Company’s share capital, either by issuing new shares such as bonds convertible or redeemable for shares, or bonds with warrants, share subscription, or by delivering existing shares such as OCEANE bonds (bonds convertible into shares to be issued or exchangeable into existing shares); these securities could either take the form of debt securities as in the aforementioned examples, or equity securities, for example, with equity warrants. However, in accordance with the law, no equity securities that are convertible or convertible into debt securities may be issued. Conditions for the issuing of shares to which the securities giving access to share capital issued entitle the holder and dates on which these rights may be exercised: Securities giving access to share capital in the form of debt securities (for example, bonds convertible into or redeemable for shares, or bonds with share warrants attached) may entitle holders to shares at any time, during set periods, or at established dates. The shares may be provided by way of conversion (for example, of convertible bonds into shares), redemption (for example, bonds redeemable in shares), exchange (for example, bonds exchangeable for shares), or the presentation of a warrant (for example, bonds with share warrants attached) or by any other way, during the issue period, regardless of whether the holders of securities issued in this way have waived their preferential subscription rights. In accordance with the law, when your General Shareholders’ Meeting delegates the authority to issue securities giving access to shares to be issued, the preferential subscription rights to the shares to which the securities issued entitle them are waived. For example, if your General Shareholders’ Meeting adopted the 21 st resolution, you would by law waive your preferential subscription right in respect of the shares that your Company would issue, if applicable, to redeem any bonds redeemable in shares.

Over-subscription privileges (subscription right with)

Securities giving access to the share capital

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2020