NATIXIS // 2021 Universal Registration Document

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

Goodwill 7.13 At December 31, 2021

31/12/2021

01/01/2021

Transfers to “Assets held for sale” (c)

Trans

lation

Acquisitions during the period (b) Transfers Impairment

adjust

Reclassi fications

Other changes

Closing balance

Opening balance

ments

(in millions of euros)

Asset & Wealth Management (a) Corporate & Investment Banking

3,168

30

104

(5)

3,297

135

9

143

Insurance Payments

93

(93)

0 0

137

1

(137) (231)

TOTAL 3,440 Certain goodwill recorded for the United States gives rise to a tax amortization over 15 years due to the difference between the carrying amount (a) of the goodwill and its tax value. This difference in treatment generated a deferred tax liability of €349.3 million at December 31, 2021. €30 million corresponding to the goodwill recognized on the acquisition of 100% of the entity AEW UK Investment Management LLP previously held (b) at 50% and €0.8 million from the acquisition of the Jackpot entity within the Payments division. -€231 million corresponding to the reclassification of the goodwill of the Insurance and Payments division as assets held for sale. (c) 3,533 31 0 0 113 0 (5)

As at December 31, 2020

01/01/2020

31/12/2020

Trans

Transfers to equity method

Acquisitions during the

lation

Reclassi fications

Other changes

Closing balance

adjust

Opening balance

(in millions of euros)

period (c) Transfers Impairment

ments

5

Asset & Wealth Management (a) Corporate & Investment Banking

3,235

52

(120)

3,168

144

(9)

135

Insurance Payments

93

93

137 282

137

(282) (282)

0

Corporate Center (b)

TOTAL 3,533 Certain goodwill recorded for the United States gives rise to a tax amortization over 15 years due to the difference between the carrying amount of (a) the goodwill and its tax value. This difference in treatment generated a deferred tax liability of €320.9 million as at December 31, 2020. -€282 million corresponding to the disposal of goodwill recognized following the loss of control of Coface (see Note 1.2 “Significant events”). (b) €52 million corresponding to the goodwill recognized on the acquisition of a 55% stake in La Banque Postale AM following the merger of Natixis IM’s (c) fixed income and insurance-related Asset Management activities with the former. 3,891 52 0 (129) 0 0 0

Furthermore, goodwill on entities consolidated using the equity method amounted to €1.2 million at December 31, 2020.

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2021