NATIXIS // 2021 Universal Registration Document

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

Provisions and impairment 7.17 The table below does not include value adjustments for credit losses of financial assets measured at amortized cost (see Note 5.1.3) and at fair value through equity (see Note 5.1.4) , as well as financing and guarantee commitments given (see Note 5.20) .

At December 31, 2021

Reversal (utilized provisions)

Reversal (surplus provisions)

Translation adjustments

(in millions of euros)

Other (b)

01/01/2021

Increase

31/12/2021

Counterparty risks

890 168 714

519 506

(259)

(481) (474)

48

0 1 0

718 205 509

Financing and guarantee commitments

6

Litigation (a)

9 5

(255)

(1) (6) (0) (0) (0)

42

Other provisions Impairment risks

8

(3)

0 0 0 0 0

(0)

3

61 61

110

0 0 0 0

(23)

148 148

Long-term investments Real estate developments

87

0 0

0 0

0

0 0

Other provisions

23

0

(23) (30) (44) (97)

Employee benefit obligations

502 170

153 109 891

(89) (21)

(14) (35)

10

532 182

Operational risks

3

TOTAL CONTINGENCY RESERVES 1,580 Of which €319.3 million in provisions at December 31, 2021 for the Madoff fraud exposure (see Section 3.2.10 of Chapter 3 “Risk factors, risk management (a) and Pillar III”).The decrease in this provision during the fiscal year was mainly due to the write-off, fully covered by provisions, of certain assets deposited in Natixis' name following the confirmation of their liquidation; Mainly corresponds to the impact of the actuarial valuation of the defined benefit plans for -€31.6 million and the reclassification in “Liabilities related (b) to non-current assets held for sale” of the Insurance, Payments and Natixis Immo Exploitation business lines at December 31, 2021 for -€42.1 millions. 1,623 (368) (530) 61

As at December 31, 2020

Reversal (utilized provisions)

Reversal (surplus provisions)

Translation adjustments

(in millions of euros)

Other (b)

01/01/2020 Increase

31/12/2020

Counterparty risks

916 127 779

402 394

(2)

(353) (345)

(71)

(2) (2) (0) (0) (8) (8)

890 168 714

Financing and guarantee commitments

0

(6)

Litigation (a)

2 6

(0) (2) (2) (2)

(2) (6)

(64)

Other provisions Impairment risks

10 24 24

(0) (0) (0)

8

47 47

0 0 0 0

61 61

Long-term investments Real estate developments

0 0

0 0

0 0

0 0 3

0 0

0 0

Other provisions

Employee benefit obligations

524 179

80 49

(86) (13)

(18) (14)

(2)

502 170

Operational risks

(2)

(28) (40)

TOTAL CONTINGENCY RESERVES 1,623 Of which €503.4 million in provisions as at December 31, 2020 for the Madoff fraud exposure (see Section 3.2.10 of Chapter 3 “Risk factors, risk management (a) and Pillar III”). Mainly corresponds to the impact of the actuarial valuation of defined benefit plans, the change in the accounting classification of the time savings account, (b) now considered as a long-term benefit (+€86.1 million) and the removal of the contribution from Coface as at December 31, 2019 for -€102.3 million. 1,642 578 (103) (385) (70)

NIT dispute As a reminder, on December 18, 2019, the French antitrust body (Autorité de la Concurrence) announced that France’s four historical meal voucher companies were to be fined a total of nearly €415 million for price fixing. On a financial level, the fine incurred by Natixis came to €83.3 million (of which €4.4 million for Natixis Intertitres alone, with Natixis being severally liable for the balance). Natixis has appealed this decision and believes it has numerous arguments in its defense with which to challenge it. Under these conditions, no provisions were booked in the financial statements at December 31, 2020 or December 31, 2021.

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2021