NATIXIS // 2021 Universal Registration Document

3 RISK FACTORS, RISK MANAGEMENT AND PILLAR III Basel 3 Pillar III disclosures

amount exceeding threshold 1 on non-material holdings of capital V instruments issued by financial entities; amount exceeding threshold 2 on material holdings of capital V instruments issued by financial entities; amount exceeding threshold 2 on deferred tax assets dependent V on future earnings and resulting from temporary differences; amount exceeding threshold 3common to amounts not deducted V in respect of threshold 2; any surplus deduction of Additional Tier One capital (see below) ; V deferred tax assets dependent on future earnings, but not related V to temporary differences; insufficienthedging by provisions for non-performing exposures. V Additional Tier One (AT1) Capital AT1 capital comprises: subordinated debt instruments recognized as AT1 after applying V phase-in arrangements; deductions made from this category; V any surplus deduction of Tier 2 capital (see below) . V Detailed information on the debt instruments recognized in Additional Tier 1 capital and their characteristicsas at December 31, 2021, as required by Commission Implementing Regulation No. 1423/2013 (Annex II) is available on the Natixis website (www.natixis.com) . Tier Two (T2) Capital T2 capital comprises: subordinated debt instruments recognized as T2 capital after V applying phase-in arrangements; deductions made from this category; V any surplus provisions related to expected losses. V Detailed information on debt instruments recognized in Tier 2 capital and their characteristics as at December 31, 2021, as required by Commission Implementing Regulation No. 1423/2013 (Annex II) is available on the Natixis website (www.natixis.com) . As at December 31,2021, the transition from shareholders’equity to prudential CET1 capital, Tier 1 capital and total capital after applying phase-in arrangements, is summarized in the table below.

Composition of capital 3.3.1.3 In accordance with the provisions introduced by the CRR and with the national provisions defined by the ACPR, regulatory capital (calculated on the basis of book equity), comprises three categories, as described below. Each category comprises liability items extracted from the consolidated financial statements and restated by automatically applying deductions, either directly or subject to thresholds. In addition, until 2021, prudential capital is subject to the so-called phasing and grandfathering arrangements accompanying the implementation of the CRR. Since January 1, 2019, only the grandfathering arrangements are still active, the phasing having ended. With the entry into force of the CRR2 Regulation, from June 30, 2021, new eligibility criteria related to the powers of impairment of the Single ResolutionBoard and the absence of netting agreements were introduced for recognition of subordinated instruments in regulatory capital. These provisions have led to the introduction of grandfathering rules, for instruments issued before June 27, 2019 that do not meet these additional conditions, until June 28, 2025. Common Equity Tier One (CET1) The Common Equity Tier 1 (CET1) is calculated using shareholders’ equity (excluding reclassified hybrid securities), with the following restatements: estimated dividend; V goodwill and intangible assets; V recyclable unrealized gains and losses on hedging derivatives; V own credit risk on debts issued and financial instruments (Debit V Value Adjustment); prudent valuation adjustments; V expected loss on equity positions and shortfall of provisions on V expected losses on credit positions; revaluation adjustments on defined-benefit plan commitments; V non-bank non-controlling interests; V bank non-controlling interests exceeding the limits set by V regulations; company-controlled stock and cross-shareholdings; V

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2021