NATIXIS // 2021 Universal Registration Document

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

Operating expenses Note 30

(in millions of euros)

2020

2021

Payroll costs

(1,434)

(1,225)

(876) (352)

(803) (287)

Wages and salaries

Social security expenses (a)

(82) (70)

(30) (70)

Incentive and profit-sharing plans

Taxes on income Rebilled expenses

24

25

Provisions for Risks and Expenses (b) Other administrative expenses

(78)

(60)

(1,200)

(1,104)

(186)

(209)

Taxes and levies (c) External services Rebilled expenses

(1,258)

(1,031)

244

137

Depreciation, amortization and impairment of property, plant and equipment and intangible assets

(71) (71)

(80) (80)

Charges TOTAL

(2,705)

(2,409)

Including pension expenses of €77 million at December 31, 2021 compared with €75 million as at December 31, 2020. (a) Including a net allocation of €14.8 million for the Company Redeployment Plan. (b) Including a contribution of €130 million to the Single Resolution Fund (SRF) at December 31, 2021, versus €160 million as at December 31, 2020. (c)

Cost of risk Note 31

(in millions of euros)

2020

2021

Cost of risk on assets Non-performing loans: Impairment charges

(134) (130) (303)

(675) (675) (764)

6

Reversals of impairment charges

417

349

Losses covered

(241)

(265)

Losses not covered

(7)

(2)

Recoveries of bad debts written off

4

7 0 0

Securities:

(4) (4) 43

Impairment charges

Reversals of impairment charges

25

Losses covered

(43) 167 103

(25) (17) (27)

Cost of risk on liabilities On country and sector risks:

Charges to provisions Reversals of provisions Risks and charges: Charges to provisions Reversals of provisions

(134)

(183)

237

156

64

10

(54) 118

(26)

36

TOTAL

33

(694)

447

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2021