NATIXIS // 2021 Universal Registration Document

ACCOUNTABILITY REPORT ENVIRONMENTAL AND SOCIAL RESPONSIBILITY 2021 Business line contributions to green and sustainable growth

Development of low carbon structured products

7.2.2.5

Structured solutions based on the indices developed since 2015 (1) different geographical regions. At the end of 2021, more than have been proposedwith innovative forms – structurednotes, Green €1.7 billion in structured green bonds had been distributed, including Bonds and Equity-linkedBonds – to meet the need for investment in €1.3 billion by the Banque Populaire banks and the Caisses sectors contributing to the energy and ecological transition with a d’Epargne through unit-linked sustainable life insurance. range of solutions for both retail and institutional investors in 2021 KEY EVENT First structured product combining green bond, climate index with a donation commitment based on a partnership with the Terre des Liens association.

This product is offered in partnership with the insurer Groupama, Natixis acting as issuer and the social bonds being distributedby Groupama. This coherent structure is based on three complementary pillars: a green bond financing renewable projects and green V real estate; the climate-themedindex, EuronextClimateObjective V Euro Decrement 5%, focuses on companies seeking to improve their carbon performance, their environmentalcommitmentsand their ability to offer products and services that are compatible with an economy reducing their carbon footprint;

a portion of the funds raised as part of the structured V product distribution campaign is dedicated to the donation to Terre des Liens, whose main action involves the acquisition of sustainable land and farms. These are maintained in the long term in their agricultural vocation and are ready to welcome new farmers with agricultural practices that respect the soil and the environment. The project is carried out in close collaboration with the Natixis Foundation.

Alignment with the objectives of the Paris Agreement 7.2.2.6

NIM Solutions supervisedthe contributionof the Natixis IM scope as part of the first TCFD report of BPCE and Natixis, based on data provided by S&P Trucost. NIM Solutions calculated the following metrics published in the report, covering €577 billion of listed assets (equities and bonds) under management within Natixis IM: carbon intensity of investments: 726 tCO 2 e/million euros invested V versus a benchmark of 518 tCO 2 e/million euros invested; temperature indicator (Implied Temperature Rise) below 3°C V versus a benchmark above 3°C; investmentsin the carbon-intensive and total fossil energy sectors: V thermal coal: 0.2% of assets under management (€1.04 billion) V versus a benchmark of 0.51% of the index, total fossil fuels: 4.44% of assets under management V (€23.2 billion) vs. a benchmark of 6.43% of the index. The NIM Solutions structuring team has also set up an innovative process to contribute to the reduction of carbon emissions. It consists of allocatinga specific portion of the managementfees of a fund to the purchase of VER (Verified Emission Reduction) carbon credits. This amount will be paid by the asset managementcompany Natixis IM international. As of November 2021, the Coralium Santé fund, offered in the BPCE networks, will be able to benefit from the VER carbon credit acquisition mechanism paid by Natixis IM International. As such, from November 2021, the Coralium Santé fund, offered in the BPCE networks, will be able to benefit from the VER carbon credit acquisitionmechanismby Natixis IM International through management fees as part of the management of a fund: 6 bps (i.e. estimate), i.e. a net contribution of €82 thousand per year (on an eight-year basis).

The Green Weighting Factor (GWF) will allow Natixis to decarbonize its balance sheet and gradually align the impact of its financing activities on the objectives of the Paris Agreement, i.e. to limit the global temperature rise to +2°C in relation to the pre-industrial era. Natixis intends to achieve this long-term objective while continuing to finance all economic sectors by increasing the presence of green solutions in its financing activities and helping its clients in the transition to lower carbon activities (2) . Since 2021, color mix objectives have been set for the CIB and translated into a temperature trajectory. Natixis undertakes to use the GWF initiative to set climate impact targets for each of its banking activities. Natixis is contributing to the objectives of the Paris Agreement in all its financing and investment activities by applying its exclusion policies on the coal industry, oil sands, oil and shale gas exploration in the Arctic (see Chapter [7.3.1] “ Management of social and environmental risks ” ) . As well as applying exclusion policies, several Natixis entities have also committed to aligning their investments with the goals of the Paris Agreement.Natixis IM also helps its affiliates to better take into account climate issues in their strategies, in particular through a specific working group, co-led by Loomis Sayles, enabling affiliates to exchange best practices. Natixis IM affiliates have been involved in climate issues for years.

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ECO5 index: Euronext index launched in 2018, Climate Orientation, Solactive Climate and Energy transitions indexes. (1) See introduction on the Green Weighting Factor in Chapter [6.4.2.1]. (2)

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2021