NATIXIS -2020 Universal Registration Document

CORPORATE GOVERNANCE Policies and rules established for determining compensation and benefits of any kind for corporate officers

Free allocation of performance shares Nicolas Namias did not benefit from any allocation under the 2020 Long Term Incentive Plan for members of the Natixis Senior Management Committee.

Fringe benefits Nicolas Namias received a family allowance under the same terms and conditions as those applied to Natixis employees, i.e. €670. The benefit in kind for Nicolas Namias' company car is €3,710. Nicolas Namias also receives health benefits and personal protection insurance, the terms of which are identical to those applicable to Natixis’ employeesor implementedby Groupe BPCE for its executive officers. The corresponding employer contribution amount for this protection is €5,979.

2

Structure of the total compensation awarded for the position of Chief Executive Officer for the financial year 2020 (cumulativecompensationin respect of their terms as Chief Executive Officer, for François Riahi for the period from January 1 to August 3, 2020 and for Nicolas Namias for the period from August 4 toDecember 31, 2020) 30 % Individual strategic targets 5% oversight in terms of supervision and control 5% Progress on Transformation and Corporate Culture initiatives 10% Preparation of the new Strategic Plan and better distribution to the CE & BP networks 5% Improvement of Natixis' position as a key player in CSR initiatives 5% managerial performance €160,000 Free allocation of performance shares €190,581 Annual variable compensation €809,281 Fixed compensation €1,159,862 Total compensation granted in respect of 2020 70 % Quantitative targets 25% BPCE’s financial performance (12.5% net income (Group share), 8.3% cost/income ratio, 4.2% net revenues) 45% Natixis’ financial performance (11.25% net revenues, 11.25% net income (Group share), 11.25% cost/income ratio, 11.25% ROTE)

Post-employment benefits Pension Plan

Severance payments and non-compete indemnities Nicolas Namias did not receive any severance or non-compete benefits in 2020.

Like the rest of the staff, the Chief ExecutiveOfficer is covered by the mandatory pension plan. He is not covered by the kind of supplementarypension plans described in Article 39 (defined benefit plan) or Article 83 (voluntarily defined contribution plan) of the French General Tax Code. The “Article 82” mechanismapplicable to its predecessor was not renewed for Nicolas Namias.

97

www.natixis.com

NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2020

Made with FlippingBook Publishing Software