NATIXIS - 2021 Meeting notice combined general shareholder's meeting

REPORT OF THE BOARD OF DIRECTORS SUBMITTED TO THE COMBINED GENERAL SHAREHOLDERS’ MEETING OF MAY 28, 2021 OF MAY 28, 2021 AND DRAFT RESOLUTIONS

42834B C> B4C C74 5>;;>F8=6 ;8<8CB 5>A C74 0<>D=CB >5 20?8C0; 8=2A40B4B 0DC7>A8I43 8= C74 4E4=C >5 DB4 1H C74 >0A3 >5 8A42C>AB >5 C78B 34;460C8>= C74 <0G8<8=0; 0<>D=C >5 20?8C0; 8=2A40B4B C70C V <0H 14 20AA843 >DC 8<<4380C4;H >A 8= C74 5DCDA4 D=34A C78B 34;460C8>= 8B B4C 0C 58E4 7D=3A43 <8;;8>= Q <8;;8>= 8= 0=H 4E4=C C74 B70A4 8BBD4B 20AA843 >DC D=34A C78B V 34;460C8>= F8;; =>C 4G2443 C74 ;8<8CB ?A>E8343 5>A 1H C74 A46D;0C8>=B 0??;8201;4 >= C74 30C4 >5 8BBD4 C> 30C4 B70A4 20?8C0; ?4A H40A 8C 8B B?4285843 C70C C74 <0G8D=C >5 20?8C0; V 8=2A40B4B 20AA843 >DC >A ;8:4;H C> 14 20AA843 >DC 8= C74 5DCDA4 D=34A C78B 34;460C8>= F8;; 14 343D2C43 5A>< 8 C74 0<>D=C >5 C74 >E4A0;; 20? ?A>E8343 5>A 8= ?0A06A0?7 >5 C74 BC A4B>;DC8>= BD1<8CC43 C> C78B <44C8=6 >A F74A4 0??;8201;4 >= C74 0<>D=C >5 C74 >E4A0;; 248;8=6 C70C <0H 14 ?A>E8343 5>A 1H 0 A4B>;DC8>= >5 C74 B0<4 =0CDA4 C70C <0H BD22443 B083 A4B>;DC8>= 3DA8=6 C74 ?4A8>3 >5 E0;838CH >5 C78B 34;460C8>= 0=3 88 >= C74 248;8=6 ?A>E8343 5>A 8= C74 ?0A06A0?7 >5 C74 =3 A4B>;DC8>= BD1<8CC43 C> C78B <44C8=6 >A 0B C74 20B4 <0H 14 C74 0<>D=C >5 C74 248;8=6 C70C <0H 14 ?A>E8343 5>A 1H 0 A4B>;DC8>= >5 C74 B0<4 =0CDA4 C70C 2>D;3 BD22443 B083 A4B>;DC8>= 3DA8=6 C74 ?4A8>3 >5 E0;838CH >5 C78B 34;460C8>= C> C74B4 248;8=6B F8;; 14 03343 F74A4 0??;8201;4 C74 V =><8=0; 0<>D=C >5 B70A4B C> 14 8BBD43 8= C74 4E4=C >5 =4F 58=0=280; CA0=B02C8>=B 8= >A34A C> ?A4B4AE4 C74 A867CB >5 7>;34AB >5 B42DA8C84B 68E8=6 0224BB C> C74 B70A4 20?8C0; (4CB 0C CF4=CH B8G <>=C7B 0B 5A>< C74 30C4 >5 C78B <44C8=6 C74 ?4A8>3 >5 E0;838CH >5 C74 34;460C8>= >5 0DC7>A8CH 2>E4A43 1H C78B A4B>;DC8>= '4B>;E4B C> 20=24; B70A47>;34ABN ?A454A4=C80; BD1B2A8?C8>= A867CB C> C74 B70A4B 0=3 B42DA8C84B 2>E4A43 1H C78B A4B>;DC8>= 2:=>F;4364B C70C 85 BD1B2A8?C8>=B 70E4 =>C 01B>A143 C74 4=C8A4 8BBD4 C74 >0A3 <0H ;8<8C C74 0<>D=C >5 C74 CA0=B02C8>= C> C74 0<>D=C >5 BD1B2A8?C8>=B A4248E43 ?A>E8343 C70C C78B 0<>D=C A40274B 0C ;40BC C74 <0G8D=C >5 C74 8BBD4 C7A44 @D0AC4AB >5 C74 8BBD4 3428343 2:=>F;4364B C70C C78B 34;460C8>= 0DC><0C820;;H 4=C08;B 8= 50E>A >5 C74 7>;34AB >5 C74 B42DA8C84B 8BBD43 68E8=6 0224BB C> C74 B70A4B C> 14 8BBD43 1H C74 >;34AB >5 C748A ?A454A4=C80; BD1B2A8?C8>= A867CB C> C74 B70A4B C> F7827 C74B4 B42DA8C84B 4=C8C;4 C74< 42834B C70C C74 >0A3 >5 8A42C>AB <0H =>C F8C7>DC ?A8>A 0DC7>A8I0C8>= 1H C74 4=4A0; (70A47>;34ABN #44C8=6 <0:4 DB4 >5 C78B 34;460C8>= >5 0DC7>A8CH 0B 5A>< C74 58;8=6 1H 0 C78A3 ?0ACH >5 0 ?D1;82 >554A 5>A C74 >5 C74 >554A ?4A8>3 $>C4B C70C 8= 022>A30=24 F8C7 AC82;4 " >5 C74 A4=27 ><<4A280; >34 C74 ?A824 >5 38A42C;H 8BBD43 B70A4B B70;; 14 0C ;40BC 4@D0; V C> C74 <8=8E8343 5>A 1H C74 A46D;0C>AH ?A>E8B8>=B 0??;8201;4 >= C74 8BBD4 30C4 8 4 C74 0E4A064 F4867C43 B70A4 ?A824 5>A C74 ;0BC C7A44 CA038=6 30HB ?A8>A C> C74 BC0AC >5 C74 ?D1;82 >554A8=6 0B 3458=43 8= '46D;0C8>= * >5 !D=4 ;4BB 05C4A C78B 0E4A064 70B 144= 039DBC43 8= C74 20B4 >5 0 38554A4=24 14CF44= 4=C8C;4<4=C 30C4B F74A4 0??;8201;4

Twenty-third resolution: Delegation of authority to be given to the Board of Directors to decide on an increase in the share capital by issuing shares to the public referred to in Item 1 of Article L. 411-2 of the French Monetary and Financial Code, of shares and/or securities giving access to the share capital or giving entitlement to the allocation of debt securities, with cancellation of preferential subscription rights )74 4=4A0; (70A47>;34ABN #44C8=6 34;814A0C8=6 8= 022>A30=24 F8C7 C74 @D>AD< 0=3 <09>A8CH 5>A GCA0>A38=0AH #44C8=6B 70E8=6 A4E84F43 C74 A4?>AC >5 C74 >0A3 >5 8A42C>AB 0=3 C74 B?4280; A4?>AC >5 C74 (C0CDC>AH D38C>AB 0=3 8= 022>A30=24 F8C7 C74 ?A>E8B8>=B >5 AC82;4B " 4C B4@ 0=3 " 4C B4@ >5 C74 A4=27 ><<4A280; >34 8= ?0AC82D;0A AC82;4B " " " " 0=3 " >5 C74 B083 >34 0=3 C74 ?A>E8B8>=B >5 AC82;4B " 4C B4@ >5 C74 B083 >34 4;460C4B C> C74 >0A3 >5 8A42C>AB F8C7 C74 >?C8>= >5 BD134;460C8>= D=34A C74 2>=38C8>=B B4C 1H ;0F 8CB 0DC7>A8CH C> 342834 C> 8=2A40B4 C74 B70A4 20?8C0; 8= >=4 >A <>A4 8=BC0;;<4=CB 8= C74 ?A>?>AC8>= 0=3 0C C74 C8<4B 8C B44B 58C 8= 022>A30=24 F8C7 C74 ;0F 8= A0=24 >A 01A>03 C7A>D67 ?D1;82 >554AB A454AA43 C> 8= AC82;4 " >5 C74 A4=27 #>=4C0AH 0=3 8=0=280; >34 48C74A 8= 4DA>B >A 8= 0=H >C74A 2DAA4=2H >A <>=4C0AH D=8C 4BC01;8B743 1H A454A4=24 C> B4E4A0; 2DAA4=284B C7A>D67 C74 8BBD4 >5 8 B70A4B 88 B70A4B 68E8=6 0224BB C> >C74A B70A4B 4G8BC8=6 >A C> 14 8BBD43 >A 68E8=6 4=C8C;4<4=C C> C74 0;;>20C8>= >5 341C B42DA8C84B >5 C74 >A 888 B42DA8C84B 68E8=6 0224BB C> B70A4B C> 14 8BBD43 1H C74 >A 2>=B834A0C8>= >A 5A44 >5 270A64 6>E4A=43 1H AC82;4B " 4C B4@ >5 C74 A4=27 ><<4A280; >34 8C 148=6 B?4285843 C70C B70A4B 0=3 >C74A B42DA8C84B <0H 14 BD1B2A8143 48C74A 8= 20B7 1H >55B4CC8=6 A4248E01;4B >A 1H 8=2>A?>A0C8>= >5 A4B4AE4B ?A>58CB >A ?A4<8D C74 >0A3 >5 8A42C>AB F8C7 C74 >?C8>= >5 BD134;460C8>= D=34A C74 2>=38C8>=B B4C 1H ;0F 8CB 0DC7>A8CH C> 342834 >= C74 8BBD4 >5 B70A4B C> 14 8BBD43 5>;;>F8=6 C74 8BBD4 >5 B42DA8C84B 68E8=6 0224BB C> B70A4B C> 14 8BBD43 1H C74 >A 8=38A42C;H 7>;3B <>A4 C70= 70;5 >5 C74 B70A4 20?8C0; >A 1H 2>A 8=38A42C;H >F= <>A4 C70= 70;5 >5 8CB B70A4 20?8C0; )78B 0DC7>A8I0C8>= 4=C08;B 5>A 7>;34AB >5 B42DA8C84B F7827 <0H 14 8BBD43 1H C74 2>D? C74 F08E4A 1H B70A47>;34AB >5 C748A ?A454A4=C80; BD1B2A8?C8>= A867C C> BD1B2A814 0=H > C74 >0A3 >5 8A42C>AB F8C7 C74 >?C8>= >5 BD134;460C8>= D=34A C74 2>=38C8>=B ;083 3>F= 1H ;0F 8CB 0DC7>A8CH C> 342834 >= C74 8BBD0=24 8 >5 B42DA8C84B 68E8=6 0224BB C> 4@D8CH B42DA8C84B C> 14 8BBD43 1H 0 2>F=B 38A42C;H >A 8=38A42C;H <>A4 C70= 70;5 >5 C74 B70A4 20?8C0; 0=3 >A 88 >5 B70A4B 68E8=6 0224BB C> 4G8BC8=6 4@D8CH B42DA8C84B >A 68E8=6 4=C8C;4<4=C C> C74 0;;>20C8>= >5 341C B42DA8C84B >5 0 C78A3 ?0ACH 2>

RESOLUTIONS