NATIXIS // 2021 Universal Registration Document

CORPORATE GOVERNANCE Compensation policy for corporate officers

Long-term compensation plan The Chief Executive Officer is eligible for allocations under long-term incentive plans (“LTIP CDG”) for the members of the Natixis Senior Management Committee, corresponding to 20% of his gross annual fixed compensation, for which the vesting is subject to presence and the achievement of performance conditions.

The total variable compensation awarded (annual variable compensation and LTIP) to the Chief Executive Officer during the fiscal year cannot exceed twice his fixed gross annual compensation. Nicolas Namias did not benefit from any allocation under the 2021 Long-Term Incentive Plan.

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Structure of the total compensation awarded for the position of Chief Executive Officer for the fiscal year 2021

30 % Individual strategic objectives

€ 1,733,333 Annual variable compensation

10% Oversight in terms of supervision and control 10% Finalisation and launch of the Strategic Plan + Implementation of the transformation projects

5% Accentuation of Natixis' position as a player with an impact on ESR and energy transition issues 5% employees commitments

€ 876,193 Fixed compensation

Total compensation granted in respect of 2021

€ 2,609,526

70 % Quantitative objectives 25% BPCE’s financial performance (12.5% net income (Group share), 8.3% cost/income ratio, 4.2% net revenues) 45% Natixis’ financial performance (11.25% net revenues, 11.25% net income (Group share), 11.25% cost/income ratio, 11.25% ROTE)

Fringe benefits The Chief Executive Officer receives a family allowance in accordance with the same rules as those applied to Natixis employees in France. The Chief Executive Officer has a company car. The Chief Executive Officer also receives social protection benefits whose terms are identical to those applicable to Natixis’ employees or implemented by Groupe BPCE for its executive officers. Nicolas Namias received a family allowance under the same terms and conditionsas those applied to Natixis employees, i.e. €447. The benefit in kind for Nicolas Namias’ company car is €9,079. Nicolas Namias also receives health benefits and personal protection insurance, the terms of which are identical to those applicable to Natixis’ employees or implemented by Groupe BPCE for its executive officers. The corresponding employer contribution amount for this protection is €16,131.

Severance payments The monthly reference compensation is equal to one-twelfth of the sum of the fixed compensationpaid in respect of the last calendar year in activity and the average variable compensationpaid over the last three calendar years of activity. The amount of severance pay is equal to: Monthly Reference Compensation x (12 months +1 month per year of seniority). The Chief Executive Officer will not receive contract termination payment in the event of gross negligence or willful misconduct, if he leaves the Company at his initiative to take another position or changes his position within Groupe BPCE, or exercises his right to retire. Furthermore, in line with the provisionsof the Afep-Medef corporate governance code, the right to a benefit is contingent on meeting performance criteria and requirements, as verified by the Board of Directors where appropriate. On February 11, 2021, the Board of Directors of Natixis provided the following update: the assessment of the achievement of objectives will be carried out over the previous two fiscal years to reflect the process of defining and monitoring budgets which is carried out over a full fiscal year. In addition, the data relating to the net income (Group share) and ROE to assess the achievement of the budget will be the underlying data: average Natixis underlying net income over the two fiscal 1. years preceding departure greater than or equal to 75% of the average budget forecast for the period; Average underlying Natixis ROE over the two fiscal years 2. preceding departure greater than or equal to 75% of the average budget forecast for the period; Natixis cost/income ratio below 75% over the last half-year 3. closed prior to departure.

Post-employment benefits Pension Plan

Like the rest of the staff, the Chief Executive Officer is covered by the mandatory pension plan. He is not covered by the kind of supplementary pension plans described in Article 39 or Article 83 of the French General Tax Code. The “Article 82” mechanism applicable to its predecessor was not renewed for Nicolas Namias.

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2021