NATIXIS - Meeting notice combined general shareholder's meeting

With respect to strategic criteria in particular, the Board recognized the progress made on the strategic plan, as evidenced by the business lines’ underlying results in 2018, and on Natixis’ cultural transformation (simplification of the organizational structure, leadership model, implementation of the “new and modern workplace” plan), while taking the equity derivatives incident in South Korea into consideration. It should be noted that payments in respect of annual variable compensation for 2018 will only be made after the vote at the General Shareholders’ Meeting on MayɄ28, 2019.

BREAKDOWN OF ANNUAL VARIABLE COMPENSATION FOR THE 2018 FISCAL YEAR BY¢VESTING DATE

Laurent Mignon, Chief Executive Officer of Natixis from January 1, 2018 to June 1, 2018

€98,615 in 2022

€156,889 in 2019

ANNUAL VARIABLE COMPENSATION FOR THE 2018 FISCAL YEAR

Laurent Mignon’s annual variable compensation for the 2018 performance year as Chief Executive Officer of Natixis from January 1, 2018 to June 1, 2018

€98,615 in 2021

€98,615 in 2020

€137,948 Quantitative criteria 114.62% target achievement (BPCE’s financial performance) €165,986 Quantitative criteria 76.85% target achievement (Natixis’s financial performance)

€148,800 Strategic criteria 103.33% target achievement

François Riahi, Chief Executive Officer of Natixis from June 1, 2018 to December 1, 2018

€111,113 in 2022

€194,853 in 2019

€111,112 in 2021

François Riahi’s annual variable compensation for the 2018 performance year as Chief Executive Officer of Natixis from June 1, 2018 to December 1, 2018

€111,112 in 2020

65% of Laurent Mignon’s variable compensation for his term as Chief Executive Officer for 2018 is being deferred to 2020,Ʉ2021, and 2022, of which 50% is indexed to Natixis’ share price. François Riahi’s deferred variable compensation rate for 2018 is 63%. FREE ALLOCATION OF PERFORMANCE SHARES In keepingwith the principle of the admissibility of allocating performance shares to the Chief Executive Officer as part of the Senior Management Committee Long-Term Incentive Plans (“SMC LTIPs”), Natixis’ Board of Directors made the following share allocations (2018 SMC LTIP), which are prorated for the portion of the year served in office: › at its meeting of MayɄ23, 2018, 11,661 performance shares were allocated to Laurent Mignon. This means that, Laurent Mignon could receive a maximum of 13,933 shares based on performance conditions, which would be equivalent to a maximum of 0.00045% of share capital at the allocation date; › at itsmeeting of AugustɄ2, 2018, 13,605 performance shares were allocated to François Riahi.Thismeans that, François Riahi could receive amaximumof 16,326 shares based on performance conditions, which would be equivalent to a maximum of 0.00052% of share capital at the allocation date; The allocated shares correspond to 20% of the gross annual fixed compensation for Laurent Mignon and François Riahi, prorated to reflect the length of time each of them served as Chief Executive Officer in 2018; Vesting of these shares is contingent upon meeting the continued service requirement and the performance conditions, which are based on both the relative Total Shareholder Return (TSR) achieved on Natixis stock and the fulfilment of ESR targets.

€160,939 Quantitative criteria 114.62% target achievement (BPCE’s financial performance) €193,651 Quantitative criteria 76.85% target achievement (Natixis’s financial performance)

€173,600 Strategic criteria 103.33% target achievement

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NATIXIS 2019 MEETING NOTICE

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