NATIXIS // 2021 Universal Registration Document

CORPORATE GOVERNANCE Management and oversight of corporate governance

Management and oversight 2.2 of corporate governance

The Board of Directors 2.2.1

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Composition and organization of the Board of Directors

2.2.1.1 The Natixis Board had fifteen directors as of February 10, 2022. It is composed as follows: two members from BPCE, namely Laurent Mignon and BPCE itself, V represented by Catherine Halberstadt; four members from Banques Populaires, namely Sylvie Garcelon, V Dominique Garnier, Philippe Hourdain and Catherine Leblanc; four members from the Caisses d’Epargne, namely Didier Dousset, V Dominique Duband, Christophe Pinault and Laurent Roubin; and five independent members, namely Anne Lalou, Catherine Pariset, V Diane de Saint Victor, Laurent Seyer and Nicolas de Tavernost. In accordance with Article L.225-27-1 of the French Commercial Code, the Board of Directors of Natixis does not have a director representing the employees or a director representing the employee shareholders. However, two representatives of the Social and Economic Committee attend every Board of Directors’ Meeting in an advisory capacity. In accordancewith Article L.225-19of the French Commercial Code, the number of directors who are over the age of 70 is limited to one third of the number of directors in office. A director of Natixis was over the age of 70 as of February 10, 2022 (see the summary table of the Board of Directors in section 2.1.2 of this chapter) . In addition, in accordance with Article 14.1 of the Afep-Medef code, the term of office of Natixis directors is four (4) years. A – Main changes in the composition of the Board of Directors The main changes made to the composition of the Board of Directors in FY 2021 that are likely to have a material impact on the Company’s governance are as follows: on May 28, 2021, the General Shareholders’ Meeting of Natixis: V ratified the co-opting of Philippe Hourdain as Director to replace V Thierry Cahn, who resigned, for the remainder of the term of office, i.e. until the General Shareholders’ Meeting of Natixis called in 2022 to approve the financial statements for the fiscal year ended on December 31, 2021, ratified the co-opting of Catherine Leblanc as Director at the V BoardMeetingof June 23, 2020, to replace BernardDupouy, who resigned, for the remainder of his term of office, i.e. until the end of the General Shareholders’Meeting of Natixis called in 2023 to approve the financial statements for the fiscal year ending December 31, 2022, reappointed Nicolas de Tavernost as Director for a term of four V (4) years, terminating at the end of the General Shareholders’ Meeting called in 2025 to approve the financial statements for the fiscal year ending December 31, 2024,

appointed ChristophePinault as Director, followinghis resignation V in order to facilitatethe staggeringof the Directors’termsof office, for a period of four (4) years ending at the end of the General Shareholders’ Meeting called in 2025 to approve the financial statements for the fiscal year ending December 31, 2024, appointed Diane de Saint Victor as Director, following her V resignation in order to facilitate the staggering of the Directors’ terms of office, for a period of four (4) years ending at the end of the General Shareholders’Meeting called in 2025 to approve the financial statements for the fiscal year ending December 23012, 4, appointed CatherineLeblancas Director, followingher resignation V in order to facilitatethe staggeringof the Directors’termsof office, for a period of four (4) years ending at the end of the General Shareholders’ Meeting called in 2025 to approve the financial statements for the fiscal year ending December 31, 2024; on May 28, 2021, at the close of the General Meeting, the Board of V Directors of Natixis: co-opted Dominique Garnier as Director, with effect as of V May 29, 2021, to replace Alain Condaminas, who resigned, for the remainder of his term of office, i.e. until the General Shareholders’ Meeting of Natixis called in 2024 to approve the financial statements for the fiscal year ending December 31, 2023, and appointed him as a member of the Compensation Committee. Dominique Garnier is also an ex-officio member of the Strategic Committee; on September 22, 2021, the Board of Directors of Natixis: V co-opted, with immediate effect, Laurent Roubin as a Director to V replace Nicole Etchegoïnberry, who resigned, for the remainder of her term of office, i.e. until the General Shareholders’Meeting of Natixis called in 2024 to approve the financial statements for the fiscal year ending December 31, 2023, and appointed her successor as a member of the AppointmentsCommittee and of the Risk Committee. Laurent Roubin is also an ex-officio member of the Strategic Committee; on December 13, 2021, the Board of Directors of Natixis: V co-opted, with immediate effect, Laurent Seyer as a Director to V replace Bernard Oppetit, who resigned, for the remainder of the term of office, i.e. until the General Shareholders’ Meeting of Natixis called in 2022 to approve the financial statements for the fiscal year ended on December 31, 2021 and appointed him Chairman of the Risk Committee, and a member of the Audit Committee and of the CSR Committee. Laurent Seyer is also an ex-officio member of the Strategic Committee; on February 10, 2022, the Board of Directors of Natixis: V co-opted, with immediate effect, Didier Dousset as a Director to V replace Daniel de Beaurepaire, who resigned, for the remainder of his term of office, i.e. until the General Shareholders’ Meeting of Natixis called in 2023 to approve the financial statements for the year ending December 31, 2022, and appointed him a member of the Audit Committee and of the Appointments Committee. Didier Dousset is also an ex-officio member of the Strategic Committee.

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2021