NATIXIS // 2021 Universal Registration Document

INDIVIDUAL FINANCIAL STATEMENTS AT DECEMBER 31, 2021 Individual financial statements and notes

Provisions and impairment Note 17

Translation adjustments

(in millions of euros)

Charges Reversals

Other

01/01/2021

31/12/2021

Provisions for impairment deducted from assets

(1,896)

(661)

654

(35)

29

(1,909)

Banks

(30)

0

6

0

0 8

(24)

Customers Investments

(1,404)

(426)

507

(60)

(1,375)

(7)

(1) (2)

7

0 0 0

(2)

(3)

Other long-term investments

(17)

37 47 50

(30)

(12)

(363)

(210)

53

(473)

Investments in subsidiaries and affiliates

Misc. securities and debtors

(75)

(22) 554 134

25 42

0

(22)

2,021

(532)

(9) (4) (1)

2,076

Provisions recognized in liabilities

Employee benefits

296

(56) (45)

0 1 1 0 7 0 3

370

35

48 59

38

Off-balance sheet commitments

Country risk

325

(102)

0 0 2 0 0

283

1

0 6

(1)

0

Specific credit risk

Provisions for litigation

453 297

(66)

30

425 244

75 (3)

(135)

Sector risk

Forward financial instrument risk

56

(25)

28

Other

558

235

(102)

(6)

688

Translation adjustments

(in millions of euros)

01/01/2020 Charges Reversals

Other 31/12/2020

Provisions for impairment deducted from assets

(1,427)

(1,003)

489

43

2 0

(1,896)

Banks

(48)

0

18

0

(30)

Customers Investments

(991)

(857)

409

37

(2)

(1,404)

(10) (20)

(12)

14 12 10 26

0 0 0 6

1 0 5

(7)

6

Other long-term investments

(9)

(17)

(261)

(117)

(363)

Investments in subsidiaries and affiliates

Misc. securities and debtors

(97)

(8)

(2) (5) (1) (4)

(75)

2,264

406 103

(592)

(52)

2,021

Provisions recognized in liabilities

Employee benefits

237

(43) (28) (82)

0

296

Off-balance sheet commitments

49

19 24

(1) (2)

35

Country risk

385

0 0 0 0 0

325

Specific credit risk

2

0 5

(1) (2)

0

1

Provisions for litigation

491 220 366 514

(41)

453 297

Sector risk

159

(74)

(8)

Forward financial instrument risk

(310)

0

56

Other

96

(52)

558

NIT dispute 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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www.natixis.com

NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2021