NATIXIS -2020 Universal Registration Document

2 CORPORATE GOVERNANCE

Management and oversight of corporate governance

Board members training program 2.2.1.5 In 2020, Natixis renewed the training program for Board members. The training program implemented is in line with the existing one for the members of the BPCE Supervisory Board. The program covers three areas: “fundamentals” training for new Board members and others V interested in participating. It comprises modules to give Board members a useful understandingof the issues discussed at Board Meetings; “expertise” training on technical or complex issues so that Board V members can properly understand, monitor and validate technical or complex matters discussed at Board Meetings. The modules are spread over the course of the year and cover areas such as accounting and financial matters, risk management, director liability (civil, criminal and regulatory), capital Markets activities, compliance principles, cyber security, and so forth; “ad hoc” training, provided as and when needed, to give Board V members the necessary knowledge and skills to perform their duties. The aim is to deeply examine issues related to the business lines or other topical issues, and memos from the members’ secure website that address economic, accounting, regulatory, compliance, legal and other matters. The training is provided by internal, and occasionally external, trainers. In 2020, 12 training sessions on 13 different topics were conducted. The 2020 training sessions were open to members of the BPCE Supervisory Board and members of the Social and Economic Committee. Directors were also invited to attend sessions held by BPCE for Supervisory Board members.

The trainingprovided by Natixis in 2020 covered the following topics: cybersecurity; V digital technology: challenges and review; V Natixis’ businesses; V the risk management system; V capital and financial market activities: rules, operation, controls V (with a focus on complex market products and associated risks); the new IFRS 17 accounting standard on insurance contracts; V valuation systems: fair value, observability and leveling; V capital planning in the context of the SREP; V the Risk Appetite Framework; V risk model management; V the US risk management system; V compensation mechanisms; V main principles of compliance and current trends in regulation. V Three training sessions initially planned in the 2020 training program could not be held due to the health crisis and were postponed to fiscal year 2021. They covered the following topics: the business lines, activities and operations of an asset V management company;

prudential regulations: solvency and liquidity; V director’s liability (civil, criminal, and regulatory). V

Non-voting member

2.2.1.6

Attendance rate at Board Meetings and Committees in 2020

Age (at 31/12/2020)

First name/ Last name

First appointed

Date term of office expires

Nationality

Non-Voting Member Henri Proglio

71

BoD: 73% Comp. Com: 75% SC: 100%

French

04/04/2019

2023 AGM

Board Meetings in an advisory capacity. He also contributes to the work of the Compensation Committee and the Strategic Committee. In accordance with Article 3.6 of the Internal Rules and the deliberation of the Board of Directors on February 12, 2019, the non-voting Board member received compensation totaling €24,000 in 2020 (same amount as the Board of Directors’ compensation for fiscal year 2019), which is deducted from the directors’ compensation.

As of April 4, 2019, Natixis’ Board of Directors includes a non-voting member, Henri Proglio. He was an independent director until November 17, 2018, the term of his twelve years’ mandate as member of the Supervisory Board and then as Board member of Natixis. His knowledge of the Group dating back to 2006, his recognized expertise in financial matters, and his experience in managing large corporationsand tackling strategic challengesmake for a useful and effective contribution to the Board of Directors. Henri Proglio attends

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2020