NATIXIS // 2021 Universal Registration Document

STRATEGY

BPCE 2024, an ambitious stra tegic developmen t plan

On July 8, 2021, Groupe BPCE unveiled BPCE 2024, its strategic plan for 2024 which includes Natixis' strategic objectives.

"To be a leader in banking, insurance and asset management f or every one"

3 strategic priorities

WINNING SPIRIT

CUSTOMER

CLIMATE

Additional revenues of €1.5bn in five priority areas

the highest quality of service with an adapted relationship model

concrete and measurable commitments as part of a Net zero trajectory

3 key principles

SIMPLE

INNOVATIVE

SECURE

join forces to improve efficiency and satisfaction, with a simpler and more readable organization and the transformation of our banking information systems and services.

strengthen our capacity for innovation, particularly around the use of data and accelerate payments to support the digitization of retail.

focus on the security of our development model based on economic performance and financial strength, risk management and a strong trusted third party.

Financial targets for 2024

Cost of risk <25 basis points

Group cost / income ratio < 65 %

Net income (Group share) > € 5 bn

Group NBI ~ € 25.5 bn

Group CET1 > 15.5 %

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2021