NATIXIS // 2021 Universal Registration Document

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

7.3.2

Financial liabilities

31/12/2021

31/12/2020*

Net amount of financial liabilities recognized in the balance sheet

Net amount of financial liabilities recognized in the balance sheet

Gross amount of financial liabilities offset in the balance sheet

Gross amount of financial assets offset in the balance sheet

Gross amount of financial liabilities offset in the balance sheet

Gross amount of financial assets offset in the balance sheet

(a)

(b)

(c) = (a) - (b)

(in millions of euros)

(a)

(b)

(c) = (a) - (b)

Financial liabilities at fair value through profit or loss

174,128 54,969 119,160

34,589

139,540

162,866 52,454 110,412

17,705

145,161

Derivatives

3,094

51,875 87,665

2,556

49,897 95,263

Repurchase agreements

31,495

15,149

Hedging derivatives

322

34

288

548

23

525

Amounts due to credit institutions

7,835 7,835

1,850 1,850

5,985 5,985

14,186 14,186

5,057 5,057

9,129 9,129

Repurchase agreements Amounts due to customers Repurchase agreements

797 797

0 0

797 797

17 17

0 0

17 17

TOTAL

183,083

36,473

146,610

177,618

22,785

154,833

Amounts not restated in relation to the financial statements at December 31, 2020 (see Note 5.4). *

31/12/2021

31/12/2020*

Net amount of financial liabilities recognized in the balance sheet

Net amount of financial liabilities recognized in the balance sheet

Impact of master netting and similar agreements (a)

Impact of master netting and similar agree ments*

Guarantees given in the form of Cash Net exposure

Guarantees given in the form of Cash Net exposure

(c)

(d)

(f)

(g) = (c) - (d)

(in millions of euros)

(c)

(d)

(f)

(g) = (c) - (d)

Derivatives

52,163 94,447

35,681 93,110

8,899

7,582 1,337 8,919

50,423 104,410 154,833

35,430 104,277 139,707

10,805

4,188

5

Repurchase agreements

1

0

132

TOTAL

146,610

128,791

8,899

10,806

4,320

Including guarantees given in the form of securities. (a) Amounts not restated in relation to the financial statements at December 31, 2020 (see Note 5.4). *

Financial assets at fair value through other comprehensive income 7.4 This line item covers debt instruments managed under a “hold to collect and sell” business model, with cash flows that meet SPPI criteria (see Note 5.1.4) , such as debt instruments held in the liquidity reserve and equity instruments that Natixis has irrevocably opted to measure at fair value through other comprehensive income.

31/12/2021

31/12/2020

Debt instruments

Debt instruments

Unimpaired financial assets ( a)

Impaired financial assets (b)

Unimpaired financial assets (a)

Impaired financial assets (b)

Equity instruments (c)

Equity instruments

Total

(in millions of euros)

Total

Note

7.4.1

7.4.1

7.4.2 1,022

7.4.1

7.4.1

7.4.2

Securities

11,101

12,122

12,550

644

13,194

Loans and receivables TOTAL

11,101 13,194 Comprises unimpaired financial assets for which value adjustments are calculated based on 12-month expected credit losses (Stage 1) or lifetime expected credit losses (Stage 2). (a) Impaired financial assets (Stage 3) are assets for which a default event has been identified as defined in Article 178 of the EU Regulation of June 26, 2013 on regulatory requirements for (b) credit institutions. Including Coface for €188.9 million (see Note 1.2). (c) 1,022 12,122 12,550 644

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2021