NATIXIS // 2021 Universal Registration Document

2 CORPORATE GOVERNANCE

Management and oversight of corporate governance

Internal control

Presentation of the annual report on internal control V Evaluation of the effectiveness of the internal control framework and procedures of the Risks function in place V for fiscal year 2020, in accordance with the Order of November 3, 2014 (including evaluation of the performance of Risk Management and Compliance) Review of assignments conducted by Natixis General Inspection and BPCE General Inspection during the fiscal V year Monitoring of the implementation of recommendations made by Natixis General Inspection and BPCE General V Inspection Main risks identified during the Natixis General Inspection missions V Updates to the 2021 audit plan and presentation of the draft 2022 audit plan V Presentation of the Natixis General Inspection’s budget V

Compliance

Review of the activity and results of compliance control V Status of the compliance system and regulatory reports V Update on cybersecurity and technological risks V Annual MIFID II update (product governance, registration system and complaints) V Presentation of the follow-up letter on the AML-CFT system V

Other items

Risk assessment of the strategic plan V Update on the Libor indices/transition V Presentation of capital consumption in an economic approach V Update on risk and compliance management in the Insurance business lines V Updates on the management and strengthening of Natixis Investment Managers’ risk and compliance system V

US Risk Committee

The US Risk Committee is an offshoot of the Risk Committee. This Committee, created in 2016, meets an Americanregulatoryrequirement (Dodd Frank Act) applicable from July 1, 2016 to foreign banks established in the United States and meeting certain activity threshold criteria. The US Risk Committee’smembership is the same as the Risk Committee’s. It is taskedwith monitoringthe managementof risks related to Natixis’ CombinedUS Operations. The US Risk Committeemet five times during the 2021 fiscal year. Its work focused on the following points: annual review of the USRC charter; V periodic review of CUSO activity and business lines; V periodic review of changes in the risks of the US V platform, including compliance risks; review of the CUSO risk identification and V assessment exercise; review and approval of the CUSO Risk Appetite V Statement (RAS) and Risk Appetite Framework (RAF); assessment of the 2021-2024 strategic plan in V relation to the RAF and impacts on the risk management of the US platform; reviewand approval of CUSO risk policies, including V the Risk Management Framework (RMF) and Model Risk Management (MRM); periodic review of the macroeconomic and V regulatory environment (in particular the Libor transition and climate risk) of the US platform; assessment of the conclusionsof regulatoryreviews V and approval (when necessary) of related action plans; review of the US Contingency Funding Plan; V review and monitoringof the priorities, action plan V and resources of the US Chief Risk Officer for 2021 and update of the associatedaction plan (including an independent review of the 2021 action plan);

periodic monitoring of the conclusions of the Loan V Review and the Audit; 2021 review and approval of the compliance and V credit risk plans for the US CIB; examination of the impacts of the health crisis on V the activities of the US platform (in particular in terms of liquidity risk and cost of risk); monitoring of the credit risk management system; V strengtheningof the regulatory reporting and data V quality system; strengthening of the model risk management V framework; review of the annual report of the Head of V Information Systems Security; review and monitoring of specific work within the V scope of Natixis IM, in particular the reorganization of the Risks & Compliance functions and the management of liquidity, investment and concentration risks. The Compensation Committee 2.2.2.3 A – Organization The Compensation Committee has seven members. As of February 10, 2022, the Compensation Committee consisted of:

Nicolas de Tavernost

Chairman

Member

Dominique Garnier (since May 29, 2021 – position previously held by Alain Condaminas)

Diane de Saint Victor

Member Member Member Member Member

Anne Lalou

Catherine Leblanc Christophe Pinault

Henri Proglio (non-voting member)

Three of the members are independent (Anne Lalou, Diane de Saint Victor and Nicolas de Tavernost).

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2021