NATIXIS // 2021 Universal Registration Document

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

Breakdown of net revenues

(in millions of euros)

Net revenues

Change 2020/2021

Asset & Wealth Management

3,921 3,625

22% 23%

Asset Management Wealth Management

185 110

4%

Employee savings schemes

11% 35% 57% 24%

Corporate & Investment Banking

3,553 1,462 2,112

Capital Markets

Global Finance & Investment Banking

Other items

(21)

Insurance Payment

0 0

Corporate Center

185

61%

TOTAL

7,658

5%

At December 31, 2020 – Restated

31/12/2020*

Corporate & Investment

Asset & Wealth Management (a)

Corporate Center (b)

(in millions of euros)

Banking Insurance

Payment

Total

Net revenues

3,226

2,630

904

430

115

7,306

5

Expenses

(2,394)

(2,042)

(490)

(386)

(516) (401)

(5,828)

Gross operating income Provision for credit losses Net operating income

832 (27) 805 (55) 751 455 1

588

415

43

1,478 (851)

(819) (231)

2

(8)

415 (17)

46

(409)

626 (53)

Associates Other items

10 (0)

(47)

0

0

(132) (588) (494)

(187)

Income before tax

(221) (167)

398 274

46 32

386

NET INCOME (GROUP SHARE) 101 This information is determined based on the accounting principles applied in accordance with IFRS as adopted by the European Union at December 31, 2020. This information is presented according to the new organization of the business lines adopted by Natixis at December 31, 2021. * Of which for Asset Management: (a) Net banking income: €2,948 million; V expenses: -€2,157 million V

gross operating income: €792 million; V provision for credit losses: -€27 million; V

pre-tax profit: €711 million V Of which short-term cash:

(b)

Net banking income: €140 million; V expenses: -€62 million V gross operating income: €78 million; V

cost of risk: -€0 million; V pre-tax profit: €78 million. V Of which Coface: share of net income of companies accounted for under the equity method: -€47 million (-€57.5 million of impairment on the value of equity-accounted V investments and +€10.5 million in respect of operating income for 2020); other: -€145.6 million corresponding to the gain on disposal of 29.5% (see Note 1.2.1). V

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2021