NATIXIS // 2021 Universal Registration Document

5 CONSOLIDATED FINANCIAL STATEMENTS AT DECEMBER 31, 2021 Consolidated financial statements and notes

Statement of changes in shareholders’ equity

Consolidated reserves

Share capital & reserves

Other equity instruments issued (b)

Other consolidated reserves

Elimination of treasury stock

Share capital

(in millions of euros)

Capital reserves (a)

Shareholders’ equity as at December 31, 2019 after appropriation of income

5,045

5,991

1,978

(40)

5,542

Capital increase

5

(5)

Elimination of treasury stock

38

(12)

Equity component of share-based payment plans

6 0

2019 dividend paid in 2020

Total activity related to relations with shareholders

5

(5)

0

38

(6)

Issues and redemption of perpetual deeply subordinated notes

0

Interest paid on perpetual deeply subordinates notes

(119)

Change in gains and losses recorded directly in equity Appropriation to own credit risk reserve during the period

0

Appropriation to a reserve of income from the sale of equity instruments at FV through other comprehensive income that cannot be reclassified completed during the period

(13)

Change in actuarial gains and losses under IAS 19R Income/loss as at December 31, 2020 Impact of acquisitions and disposals (d)

1

Other

11

Shareholders’ equity as at December 31, 2020

5,050

5,986

1,978

(2)

5,417

Appropriation of 2020 income

101

Shareholders’ equity as at December 31, 2020 after appropriation of income

5,050

5,986

1,978

(2)

5,517

Implementation of the IFRS IC decision on IAS 19 (e)

1

Capital increase

3

(3)

Elimination of treasury stock

(6)

(1)

Equity component of share-based payment plans

2

2020 dividend paid in 2021

(189)

Total activity related to relations with shareholders

3

(3)

0

(6)

(189)

270

Issues and redemption of perpetual deeply subordinated notes

Interest paid on perpetual deeply subordinates notes

(105)

Change in gains and losses recorded directly in equity Appropriation to own credit risk reserve during the period

(3)

Appropriation to a reserve of income from the sale of equity instruments at FV through other comprehensive income that cannot be reclassified completed during the period

6

Change in actuarial gains and losses under IAS 19 R Income/loss at December 31, 2021 Impact of acquisitions and disposals (d)

(133) (101) 4,993

Other (f)

SHAREHOLDERS’ EQUITY AT DECEMBER 31, 2021

5,053

5,983

2,248

(8)

Share premiums, legal reserve, statutory reserves, long-term capital gains reserve and other Natixis reserves. (a) Other equity instruments issued: these are undated deeply subordinated notes (see Note 12.3). (b) Changes in the fair value attributable to the own credit risk of financial liabilities designated at fair value through profit or loss recognized in equity (unrealized and realized) are disclosed in Note 8.1.2.2. (c) The impacts on shareholders’ equity (Group share) as at December 31, 2020 and December 31, 2021 are presented in Note 3.2 (including the Insurance and Payments business lines classified as “Discontinued operations” (d) at December 31, 2021 (see Notes 1.2, 2.6 and 7.10)). The impacts of the implementation of the IFRS IC decision relating to IAS 19 “Employee benefits” are presented in Note 1.1.1. (e) Other movements mainly include the effects of a repayment line of perpetual subordinated notes at December 31, 2021 (see Note 11.3.1). (f)

268

NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2021