NATIXIS // 2021 Universal Registration Document

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

Changes in regulatory capital, regulatory capital requirements

3.3.1.4

and ratios in 2021 Regulatory capital and capital adequacy ratio The 2021 CET1, Tier 1 Capital and total ratios are presented below by major component. The same ratios at end-2020 are shown by way of comparison.

In accordance with the Basel 3/CRR regulatory framework, under Pillar I, these ratios must exceed the minimumlimits of 4.5%, 6% and 8%, respectively, in addition to the cumulative safety buffers of 7.03%, 8.53% and 10.53%, respectively for 2020, and of 7.04%, 8.54% and 10.54%, respectively for 2021.

Total capital ratio

(in millions of euros)

Dec. 31, 2020

Dec. 31, 2021

Shareholders’ equity (Group share) Deeply subordinated notes (DSN) Perpetual subordinated notes (PSN)

20,868

19,229

3

2,248

1,978

0

0

18,620

17,251

Consolidated shareholders’ equity (Group share) net of DSNs and PSNs Non-controlling interests (Amount before phase-in arrangements)

202

167

Intangible assets

(378)

(432)

Goodwill

(3,323)

(3,213)

Dividends proposed to the General Shareholders’ Meeting and expenses Deductions, prudential restatements and phase-in arrangements

(789)

(189)

(1,832) 12,499

(1,440) 12,143

Total Common Equity Tier 1 capital

Deeply subordinated notes (DSNs) and preferred shares

2,157

2,073

Additional Tier 1 capital

0

0

Tier 1 deductions and phase-in arrangements

(22)

(22)

Total Tier 1 capital Tier 2 instruments Other Tier 2 capital

14,635

14,194

3,962

3,201

27

51

Tier 2 deductions and phase-in arrangements

(1,110) 17,514 108,257

(1,110) 16,337 104,985

Overall capital

Total risk-weighted assets Credit risk-weighted assets Market risk-weighted assets Operational risk-weighted assets Other risk-weighted assets Capital adequacy ratios Common Equity Tier 1 ratio

81,024 13,352 13,882

78,869 13,128 12,988

0

0

11.5% 13.5% 16.2%

11.6% 13.5% 15.6%

Tier 1 ratio

Total capital ratio

175

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2021