NATIXIS // 2021 Universal Registration Document

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

The LDN Fund continued to raise funds throughout 2021 totaling $208 million. The first impact report was published in June 2021and demonstrates a tangible impact on the ground generated by innovative and promising entrepreneurs. The fund supported a project in Peru and Colombia in favor of agroforestry systems for small coffee producers. It has invested in an agroforestry project in Bhutan (Mountain Hazelnuts), in social enterprises helping local populations to develop cocoa and coffee plantations in Nicaragua (Cacao Oro project) and micro-forestry in Kenya (Komaza), and in a sustainable forestry company in Ghana and Sierra Leone (Miro Forestry). The LDN Fund will use its investments to apply sustainable land management practices on 350,000 hectares of land around the world, to reduce CO 2 by 25 Mt, and to create or improve jobs for over 70,000 people. Unhealthy oceans threaten all life on earth and have a particularly strong impact on small island nations and vulnerable coastal communities. Decades of poor management have led to the over-exploitation and degradation of ocean resources, in particular fish stocks and coral reef ecosystems. Improving the management of these natural resources can enhance productivity and operational efficiency and generate attractive returns for alsl takeholders. The Althelia Sustainable Ocean Fund (SOF) managed by Mirova, invests in companies that harness the ocean’s natural capital sustainably, build resilience in coastal ecosystems and create sustainableeconomic growth. SOF holds a mixed portfolio of assets in the sustainablemarine products sector, the circular economy and conservation. The fund focuses on emerging markets and small island nations.

Launched in 2018, Mirova completed the fundraising in 2020, which will reach $132 million. The first impact report was published in July 2021. The SOF made eight investments in the areas of sustainable seafood, the circular blue economy and ocean conservation. They represent nearly $45 million in initial commitments, four of which were carried out during the year 2020: Recycled Technologies (supplier specializing in plastic recycling technologies), Plastic for Change (ethical plastic recycling company), nextProtein (production of alternative insect-basedproteins) and CleanMarineGroup (Marpol facility/treatment of liquid waste from vessels calling at the port of Freeport, Bahamas). In 2021, the SOF invested in the Norwegian company BIOmega (upcycling recycling fish biowaste). Mirova has also partnered with IUCN, the NGO Turneffe Atoll Sustainability Association (TASA), Blue Finance and the Ministry of Blue Economy of Belize in an innovative blended financing mechanism to improve the management of marine protected areas of Belize and contribute to its blue economy. As a result, the asset management company made its first investments in its strategy dedicated to the preservationof biodiversity in the Amazon:Manioca, a Brazilian company marketing food products made from sustainably grown Amazonian ingredients, and Horta da Terra Ltd, a Brazilian company selling freeze-dried Amazonian products grown using regenerative farming systems in collaboration with the surrounding indigenous communities. SOF’s investments are having substantial positive impacts in terms of socioeconomic development and the preservation of natural resources.

2021 KEY EVENT Orange chooses Mirova to support it in the regeneration of nature As part of its “Net Zero Carbon” environmentalstrategy

generated by these projects. Mirova will manage and

in 2040, Orange created the Orange Nature fund, endowed with €50 million to develop projects for the restorationand conservationof natural areas. The fund will invest, directly or indirectly, in various CO 2 carbon sink projects worldwide: afforestation, reforestation and restoration of natural ecosystems (mangroves or agroforestry projects). Particular attention will be paid to the economic and social development of the territories and populations concerned by the projects and their positive impacts on biodiversity. Orange will only be compensated in high-quality carbon credits (1)

deploy the fund.

The Orange Nature fund will have an exclusive co-investmentagreementwith the Nature+Accelerator Fund sponsored by the International Union for the Conservation of Nature (IUCN) and the Global Environment Facility (GEF). Mirova has also been selected to structure and manage the Nature+ Accelerator Fund whose operations are due to begin in 2022.

Carbon credits, also called VCUs (Voluntary Carbon Units) correspond to emission reductions and carbon sequestration, verified by the main players in the verification and (1) certification of Carbon Credits on the market, thus guaranteeing the fund’s environmental integrity (e.g. VCS, Gold Standard).

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2021