NATIXIS - 2021 Meeting notice combined general shareholder's meeting

NATIXIS COMPENSATION POLICY

Reminder of the deferred variable compensation structure in force in 2020

Portion paid in year N

with 50% indexed to the Natixis share price

Annual variable compensation 100 %

Year N+1 1/3 100 % in cash

Year N+2 1/3 50% in cash and 50% indexed to the Natixis share price

Year N+3 1/3 100% indexed to the Natixis share price

At least 40% deferred over 3 years*

to the Natixis share price

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Annual variable compensation for the 2020 fiscal year

Breakdown of annual variable compensation for the 2020 fiscal year by vesting date

" € 120,000 Strategic criteria i.e. 120.00% € 40,581 Quantitative criteria $2%'ŦU ƒPCPEKCN performance i.e. 48.70%

! # #

€ 30,682 in 2024

of the variable compensation target

of the variable compensation target

€ 30,680 in 2023

€ 98,538 in 2021

€ 30,000 Quantitative criteria 0CVKZKUŦ ƒPCPEKCN performance i.e. 20.00% of the variable compensation target

€ 30,681 in 2022

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NATIXIS MEETING NOTICE 2021

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