NATIXIS // 2021 Universal Registration Document

8 LEGAL AND GENERAL INFORMATION

Statutory Auditors’ special report on related-party agreements

Outsourcing service contract between 11. Natixis and BPCE-IT/ALBIAN-IT On December 13, 2021, the Board of Directors approved, in accordance with Article L. 225-39 of the French Commercial Code, the downgrading of the outsourcing service contract signed on December 18, 2020 between Natixis and BPCE-IT/Albiant-IT and approved by the General Shareholders' Meeting of May 28, 2021, considering the latter as an agreement relating to current transactions and concluded under normal conditions. This agreement organizing the merger of the Infrastructure, Production and Security activities of Natixis and BPCE IT for the purpose of optimizing and strengtheningthe quality of IT production services provided to Natixis, no longer counted, as of December 13, 2021, the common corporate officer within the companies concerned which justified the application of the related-party agreements procedure at the time. As a result, following the resignation of Nicole Etchegoïnberry from her duties as director of the companies concerned on September 1, 2021, the Board of Directors approved, at its meeting of December 13, 2021, the downgrading with effect from January 1, 2022 of the outsourcing service contract. The expenses recognized by Natixis in respect of this agreement amounted to €209,183,772.00 for the fiscal year ended December 31, 2021. Negotiation Agreement relating to Natixis 12. selling the Securities & Guarantees (CECG), Leasing (Natixis Lease), Factoring (Natixis The Board of Directors approved on December 13, 2021, in accordance with Article L. 225-39 of the French Commercial Code, the downgrading of the negotiation protocol relating to the sale by Natixis to BPCE of its Bonds and Guarantees, Finance Leasing, Factoring and Consumer Credit and Securities businesses of its Specialized Financial Services division authorized by the Board of Directors of September 12, 2018 and approved by the Shareholders’ Meeting of May 28, 2019, this protocol having become without effect. In fact, following the authorizationgiven by the Board of Directors on February 12, 2019 to the conclusion of contracts for the sale by Natixis to BPCE (i) of all the shares held by the latter in CECG, Natixis Lease, Natixis Factor and Natixis Financementand (ii) the EuroTitres business goodwill in application of Article L. 225-38 of the French CommercialCode (which contractscontinued to be effective in fiscal year 2021), these contracts of sale have replaced the negotiation protocol, which is now without effect. Agreements authorized since the end of the previous fiscal year and subject to the approval of the General Shareholders’ Meeting We remind you that the following agreements, authorized and entered into during the past fiscal year or since the end of the past fiscal year, were the subject of our special report of March 7, 2022, which will be presented to your Combined General Shareholders' Meeting of March 22, 2022. Factor), Consumer Finance (Natixis Financement) and Securities Services (EuroTitres Department) businesses of its Specialized Financial Services division to BPCE

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Re-invoicing agreement relating

to the Real Estate Master Plan ("Schéma Directeur Immobilier") between Natixis, BPCE and Natixis Immo Exploitation On December 13, 2021, the Board of Directors authorized the conclusion of a rebilling agreement relating to the Real EstateMaster Plan betweenNatixis, BPCE and Natixis Immo Exploitation (the other Group companies intended to adhere to this agreement by means of amendment). This agreement aims to streamline the real estate sites of the BPCE community and Natixis in the Paris region and includes a project to transform working methods. It is specified that it is in the interest of Natixis to join the joint transformation and management program for Groupe BPCE’s real estate sites. This agreement will be submitted the General Shareholders’Meeting of March 22, 2022, for approval. Corporate officers concerned on the day of the transaction: Laurent Mignon (Chairman of the Board of Directors of Natixis and Chairman of the Management Board of BPCE), Catherine Halberstadt (permanent representative of BPCE on the Board of Natixis and member of the BPCE Senior Management Comittee), and Nicolas Namias (Chief Executive Officer of Natixis and member of the Management Board of BPCE). The expenses recognized by Natixis in respect of this agreement amounted to €31,058,890 for fiscal year 2021. On September 22, 2021, the Board of Directors approved the principle, terms and conditions of the project relating to the transfer of the Insurance and Payments business lines from Natixis to BPCE and authorized the conclusion by Natixis of the related negotiation protocol. This transfer would take the form of a contribution by Natixis of the entities of the Insurance and Payments divisions respectively to a Holding Assurances and a Holding Paiements wholly owned by BPCE. In considerationfor these contributions,Natixis would receive new shares issued by Holding Assurances and Holding Paiements. The transactionwould then be followed by the distributionof shares in Holding Assurancesand Holding Paiementsheld by Natixis for the benefit of its shareholders (BPCE and minority shareholderswho are still beneficiaries of free shares during the lock-up or retention period), a General Shareholders' Meeting of Natixis must be convened to approve this distribution in kind. BPCE would then buy back the shares of Holding Assurances and Holding Paiements received by the beneficiaries of free shares, in accordance with the provisions of the liquidity contracts entered into as part of the public offer. Following the valuation work carried out on the Insurance and Payments scopes, reflecting the profitability of the scopes on a standalone and autonomousbasis, the valuations used would be as follows (valuation with the dividend attached for 2021): €2.7 billion for the Insurance business and €950 million for the Payments business. These valuations are supported and controlled by the multi-criteria valuation analyses carried out, and in particular by the valuations by discounting future free cash flows (DCF or DDM) deemed most relevant in the context of internal transfer of business lines. Negotiation protocol relating to the transfer of the Insurance and Payments activities by Natixis to BPCE 2.

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2021