NATIXIS // 2021 Universal Registration Document

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

3.2

Impact of acquisitions

Insurance 3.1.3 Newly consolidated entities

and disposals The effects of acquisitions and disposals are as follows at December 31, 2021: concerning puts on non-controlling interests at the beginning of V the fiscal year for a negative €127.9 million. These effects are related to the change in the fair value of these puts over the period for a negative €156.1 million, generated by the upward revaluation of the financial debt for a negative €147.2 million mainly on the AWM business line for a negative €91.7 million, €55.5 million on the CIB division, and a negative €8.9 million generated by the unwinding of the discount on this same financial debt (on the AWM division). The transfer of the negative change in the share of net non-controlling interests of these entities representing these puts was a positive €28.2 million over the period; the recognition of new puts on non-controlling interests for a V negative €9.6 million for the entity Vauban Infrastructure Partners. This debt was revalued upwards by €5.5 million. The transfer of the positive change in the share of the net non-controlling interests of this entity representing the put was a positive €4.5 million over the period; changes in the percentage stake without loss of control of V consolidated entities in the amount of €4.9 million, mainly corresponding to the result of dilution following the disposal of 4% of Investors Mutual Limited in the fourth quarter of 2021; reclassification of actuarial gains and losses resulting from the V application of IAS 19R as reserves in connection with the loss of control of Coface for €0.2 million. The effects of acquisitions and disposals are as follows as at December 31, 2020: concerning puts on non-controlling interests at the beginning of V the fiscal year for +€19.1 million. These effects are related to the change in the fair value of these puts over the period for €13.7 million, generated by the downward revaluation of the financial debt for €16.1 million, of which €19.4 million for the AWM Division and a negative €2.4 million generated by the effects of the unwinding of the discount on this financial debt. The transfer of the positive change in the share of net non-controlling interests of these entities representing these puts was worth €5.4 million over the period; new puts on non-controlling interests during the period amounted V to -€18.1 million. As part of the merger of the interest rate management and Insurance activities of Natixis IM and La Banque Postale AM (LBP AM), a large part of the activities of LBP AM were transferred to Ostrum in the fourth quarter of 2020. Following this contribution of assets, Natixis IM retained 55% of the capital of Ostrum, while La Banque Postale acquired a 45% stake, Natixis having granted a put to the latter. The effect in equity of -€18.1 million corresponds to the difference between the valuation of the put (€79.5 million) and the non-controlling interests of the new entity (€61.4 million); changes in the percentage stake without loss of control of V consolidated entities in the amount of +€11.4 million, mainly corresponding to the result of dilution following the disposal of 45% of Ostrum to La Banque Postale AM for +€11.8 million carried out in the fourth quarter of 2020; reclassification of actuarial gains and losses resulting from the V application of IAS 19R as reserves in connection with the loss of control of Coface for -€10.9 million.

Consolidation in the third quarter of 2021 of the Vega Euro V Rendement FCP RC and DNCA INVEST NORDEN funds following the crossing of thresholds. Consolidation in the fourth quarter of 2021 of the THEMATICS AI V AND ROBOTICS fund following the crossing of thresholds. Payments 3.1.4 Newly consolidated entities Acquisition of the entity Jackpot in the second quarter of 2021; V Creation and consolidation of BIMPLI in the fourth quarter of 2021. V Changes in percentage of ownership In the first quarter of 2021, the stake in Alter CE (Comitéo) V increased from 70% to 100% following the buyback of shares from the founders; In the second quarter of 2021, the stake in Payplug increased from V 99.44% to 99.72% following the buyback of shares from the founders. Other transactions The entities Natixis Intertitres, Alter CE (Comiteo), Vouchers Gifts, V Jackpot and Lakooz were merged into BIMPLI in the fourth quarter of 2021. Coface 3.1.5 Deconsolidated entities The sale by Natixis of a 29.5% stake in Coface was completed on V February 10, 2021. Corporate Center 3.1.6 Deconsolidated entities The Naléa securitization vehicle was liquidated in July 2021. V

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2021