NATIXIS // 2021 Universal Registration Document

7 ACCOUNTABILITY REPORT ENVIRONMENTAL AND SOCIAL RESPONSIBILITY 2021 Managing environmental, social and governance risks

Overview of financing transactions over the last three years Managing environmental and social risks across Natixis’ financing business lines involves analyzing clients and transactions to ensure they comply with its ESR policies and exclusion commitments, analyzing transactions according to the Equator Principles or other evaluation methods, and analyzing controversial issues that its clients may run into.

Over the last three years, 778 (including 365 in 2021) such transactions have been managed in this way, with the following sector breakdown:

Breakdown of the number of transactions reviewed by sector (2019-2021) 13 % Mining

Breakdown of the number of transactions reviewed by geographic area (2019-2021)

22 % North & South America

29 % Other

32 % Asia-Pacific

16 % Oil & Gas

23 % Middle East and Africa

23 % Power

23 % Europe-CIS

19 % Infrastructure

Equator Principles As a signatory of the Equator Principles since December 2010, Natixis applies an industry-wide methodology recognized by 127 member banks and financial institutionsaimed at evaluating the E&S risks of the projects it finances and assessing the quality of the management systems used by its clients to manage, minimize, and remedy the impacts they cause as best they can. This methodology applies to the financing of investments in new projects or the extension of existing projects. For Natixis it mainly concerns infrastructure, energy (oil, gas), electricity and renewable energy, and the mining and metals sectors around the world. An organizational structure has been set up to involve both the business lines and the ESR Department in assessing and managing transactions. The process includes an assessment of the quality of existing E&S documentationprepared by the client (or client advisory services, if such documentation has not yet been drafted), the measurement and classification of the potential E&S impacts and risks, and, where necessary, the consultation of external specialists. It also provides for the drafting of an action plan for impact mitigation and correctionmeasures,which is included in the financial documentation. Compliance with the action plan is monitored over the life of the financing facility. Natixis’ credit approval process includes a summary of key issues used to assess a project. Details of the analysis and decision-making process, the resources used and full information on transactions audited in this way are available in the annual Equator Principles report (published before July 31 each year and available on the Natixis website (1) ).

A new amended version (EP IV, dated July 2020) became effective on October 1, 2020. The new version extends the scope of application of the Principles and strengthens the conditions applied when assessing transactions, in particular in terms of human rights (especially the rights of indigenous communities) and physical and transition risks arising from climate risk. The teams were regularly informed. Assessments performed beyond the scope of the Equator Principles Mindful of the great diversity of client transactions and financing solutions, Natixis ensures the same level of vigilance on the underlying E&S risks of certain types of transactions outside the scope of the Equator Principles. These include acquisition financing transactions not associated with an investment program, financing that is, by nature, for multiple purposes, transactions involving portfolios of assets too large for a dedicated assessment, or certain kinds of assets. In each of these cases, the quality of governance and management of the E&S risks inherent to the industry in question are assessed on the basis of current international best practices and standards, and the services of external consultants are called uponif necessary.

https://www.natixis.com/natixis/jcms/ala_5415/en/environmental-and-social-risk-management (1)

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2021