NATIXIS // 2021 Universal Registration Document

1 NATIXIS OVERVIEW Natixis business lines

Natixis has adapted its offering to meet the demands of its clients and partners in the Capital Markets , in an environment still troubled by the pandemic. The bank has been a source of proposals to its corporate and institutional clients on hedging and investment solutions. It was also able to guide them through their IBOR transitions and their environmental, societal and governance (ESG) issues. In Fixed Income , Natixis supported its clients in their restructuring operations, opening up new opportunities for its franchise and also responded to the strong demand for hedging products and private placements resulting from the upturn in economic activity in the second half of the year. The bank has also been proactiveby offering interest rate and currency hedges adapted to a context of fluctuating volatility. It increased its market share in the flow market thanks in particular to the increase in electronic transactions. In line with the Group’s strategic priorities, it strengthened its position as a leading player in green energy, notably by concluding its very first green forex hedge with a major European energy producer. In equity derivatives , Natixis maintained its reduced risk profile and refocused on its strategic clients while maintaining its leading position in the financial savings offering with social and environmental responsibility. The bank worked with several well-known index administrators and worked with Mirova to jointly develop new innovative offers for the Banque Populaire and Caisse d’Epargne networks. Global Securities Financing A product of the merger of the Equity Finance (Equity Derivatives) and Securities Financing group (Fixed Income) teams, Global Securities Financing aims to promote dialog with clients in order to offer them multi-underlying and multi-product solutions. Global Securities Financing’s primary areas of expertise are secured funding and collateral management (repos, securities lending/borrowing, etc.), repo market-making and credit and sovereign securities lending/borrowing, and index (equity) market-making, and it has a Solutions Department. The pooling of expertise facilitates the development of innovative hybrid solutions to serve clients’ funding or exposure needs. CVA desk Global Markets has a centralized XVAmanagementdesk (CVA, FVA). Its core responsibilitiesare to measure and manage XVA exposures and hedge the main risks generated by these exposures. 1.2.2.2 The Corporate & Investment Banking financing business performed well in 2021, driven by financing in the Infrastructure sector, a good performance in syndication and portfolio management. Real Assets Finance Concerning the financing of real assets , activities in the Aviation sector remain affected by the COVID-19 crisis, despite a recovery compared to 2020. In this context, the Bank showed resilience in all regions, in loan and bond products (e.g. Avolon, Castelake), securitization (Carlyle ABS) and leasing (VMO). Activities in the Infrastructure and Energy sector in 2021 were very buoyant in all regions, driven by growing demand supported by the digital and energy transition. Funding

This very solid performancewas reflected in the rankingsof the 2021 League Tables (second MLA worldwide, second MLA in the USA), particularly in renewable energies (fourth worldwide). Natixis was also named “ESG InfrastructureBank of the Year” at the IJ Global ESG Awards for 2021. This award underlined its major role in emblematicESG financing, and, more generally, its contribution to the development of “green and sustainable” finance. Natixis has arranged numerous renewable projects (Vineyard, Edenvale, Slate, etc.) and Telecoms (Napoleon, Phoenix Tower, etc.) and is positioned on projects related to emerging sectors such as Hydrogen. Finally, on the Real estate sector, performance remains solid in Europe. The Bank consolidates its leading position in the European real estate market (2 nd MLA and 2 nd Bookrunner according to the Dealogic 2021 ranking). In the United States, after a low base in 2020, origination resumed at the end of 2021. In real estate too, Natixis contributes to the environmental transition and has arranged and distributed numerous sustainable financing transactions such as the transaction for Unibail-Rodamco-Westfield. Distribution & Portfolio Management In Distribution& PortfolioManagement(DPM), the teams dynamically distribute the bank's financingportfolio, in terms of credit quality and profitability, through a geographical, sectoral and product approach, including value preservation through credit restructuring under the responsibilityof the Work-Out& Restructuringteam. DPM’smission is to develop the bank’s originate-to-distribute(O2D) model through a team of 180 professionals present on the bank’s three platforms (EMEA, Americas and Asia-Pacific). In 2021 Natixis continued to diversify its business from four strategic sectors to eight industries, developed its O2D model, at the heart of its strategy, while building a digital platform for the management of these loans as part of the Global FinancingChain and by integratingthe temperaturedimension into the management of its portfolio in addition to the Green Weighting Factor. Global Trade Established in 2020, Global Trade continued to develop in 2021. Global Trade brings together trade finance and cash management activities to serve corporate clients, commodity trading players and the Banque Populaire and Caisse d’Epargne networks. In 2021, Global Trade stepped up its positioning on positive impact transactions as well as its support for its clients energy transition. In the Commodity Trade Finance sector, for example, Natixis played the role of Green/KPI Coordinator for Trafigura, Gunvor, and Bunge, on the first RCFs including Indicators related to the environment. The Structured Export Finance (SEF) team carried out the largest export finance transaction for the Republic of Benin and for the VINCI group for a project with a strong social component aimed at modernizing and strengthening the national electricity transport and distribution network, particularly in under-equipped rural areas. The SEF team also structured a financing of around €190 million for the transformation of the Norske Skog Golbey site in close collaboration with Caisse d'Epargne Grand Est Europe. In addition, Global Trade continued to innovate in the digital field, for example with the implementationof My Tracked Transfer G4C to provide its clients with a new traceabilityexperience for cross-border payments. Global Trade also continued to develop its digital offer with the launch of Trade Tracker and key initiatives such as the implementation of Komgo for Trade Finance or the establishmentof a partnership with Trustpair, in the fight against fraudulenttransfers.

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2021