NATIXIS // 2021 Universal Registration Document

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

Insurance (*) 8.3 Natixis Assurances is a holding company for various operating insurance subsidiaries. In March 2014, in accordance with the plan to develop the bancassurance model, Natixis Assurances acquired the property & casualty and personal protection insurance subsidiary BPCE Assurances, which it now wholly owns. It offers a full range of individual and group life insurance, personal protection insurance, and property & casualty insurance products for the Banque Populaire and Caisse d’Epargne networks. These diversified, customized solutions are designed for retail and small business customers, farmers, companies and non-profits. (*) The Insurance and Payments divisions will be transferred to BPCE during the first quarter of 2022. The announcement of their transfer results in considering them discontinued operations. In accordance with IFRS 5, the result of these activities is presented on a separate line of the consolidated income statement (see Notes 1.2 Significant events, 2.6 Subsidiaries held for sale and 6.11 Net income from discontinued operations).

Payments (*) 8.4 This business line provides tools, infrastructures and services for payments: electronic payment, issuance and collection of mass electronic transfers, check processing, service vouchers, e-commerce, etc. (*) The Insurance and Payments divisions will be transferred to BPCE during the first quarter of 2022. The announcement of their transfer results in considering them discontinued operations. In accordance with IFRS 5, the result of these activities is presented on a separate line of the consolidated income statement (see Notes 1.2 Significant events, 2.6 Subsidiaries held for sale and 6.11 Net income from discontinued operations). 8.5 In addition to these operational divisions, there are Corporate Center activities, which primarily include central financial mechanisms and revenues related to management of Natixis’ assets and liabilities. It also includes the results of the bank’s portfolio of investments that are not part of the activity of a division (including the residual stake of 10.04% in Coface), as well as proprietary Private Equity activities (managed in run-off mode) and those of Natixis Algérie. In terms of costs, the Corporate Center recognizes the bank’s structural costs and the contribution to the Single Resolution Fund. Corporate center

8.6

Segment reporting

8.6.1

Segment reporting in the income statement

At December 31, 2021

31/12/2021

Corporate & Investment Banking

Asset & Wealth Management

Corporate Center

Insurance

Payment

Total

(in millions of euros)

Net revenues

3,921

3,553

185 61%

7,658

22%

35%

5%

Change 2020/2021 (a)

Expenses

(2,842)

(2,373)

(644)

(5,858)

19%

16%

25%

1%

Change 2020/2021 (a) Gross operating income Change 2020/2021 (a) Provision for credit losses Change 2020/2021 (a) Net operating income Change 2020/2021 (a)

1,079

1,180 101% (167) (80)% 1,013

(459)

1,800

30%

14% (11) 38%

22%

(4)

(181) (79)% 1,618 158%

(87)% 1,075

(471)

34%

15%

Associates

1

10 4%

7

19

18% (79) 42% 998 33%

Change 2020/2021 (a)

Other items

1

22

(55)

(70)% 1,582

Change 2020/2021 (a)

1,024

(440) (25)%

Income before tax

Change 2020/2021 (a)

Profit from discontinued operations

350

29

379

Change 2020/2021 (a) Net income (Group share)

637 40%

742

350 28%

29

(356)

1,403

Change 2020/2021 (a) (28)% This information is determined based on the accounting principles applied in accordance with IFRS as adopted by the European Union at December 31, 2021. Restated change between December 31, 2021 and December 31, 2020. (a) (11)%

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2021