NATIXIS_PILLAR_III_2017_EN

14 APPENDIX

Appendix 2: Issuance of capital instruments at December 31, 2017

ISSUANCE OF AT1 OF CAPITAL INSTRUMENTS R

Capital instruments - main features (in millions of euros)

Additional Tier 1 capital instruments

Coupons/Dividends

17 18

Fixed or floating dividend/coupon Coupon rate and any related index

Floating

Floating

Fixed 8,65%

10Y CMS +1% but with a minimum of 3.75% and maximum of six times the difference between 10Y CMS and 2Y CMS

3M Libor USD +1.25%

19

Dividend stopper exercised

no

no

no

20a

Fully discretionary, partially discretionary or mandatory (in terms of timing) Fully discretionary, partially discretionary or mandatory (in terms of amount) Existence of step up or other incentive to redeem Non-cumulative or cumulative Convertible or non-convertible If convertible, conversion trigger(s) If convertible, fully or partially If convertible, conversion rate If convertible, mandatory or optional If convertible, specify instrument type convertible into If convertible, specify issuer of instrument it converts into

Partially discretionary, existence of dividend pushers

Partially discretionary, existence of dividend pushers

Partially discretionary, existence of dividend pushers

20b

Mandatory

Mandatory

Mandatory

21

no

no

yes (step up)

22 23 24 25 26 27 28

Non-cumulative Non-convertible

Non-cumulative Non-convertible

Non-cumulative Non-convertible

n/a n/a n/a n/a n/a

n/a n/a n/a n/a n/a

n/a n/a n/a n/a n/a

29

n/a

n/a

n/a

30 31

Write-down features

yes

yes

yes

If write-down, write-down trigger(s)

Supervisory Event (non-compliance with regulatory ratios and/or at the discretion of the regulator)

Supervisory Event (non-compliance with regulatory ratios and/or at the discretion of the regulator)

Supervisory Event (non-compliance with regulatory ratios and/or at the discretion of the regulator)

32 33 34

If write-down, full or partial

Partial

Partial

Partial

If write-down, permanent or temporary If temporary write-down, description of write-up mechanism

Temporary

Temporary

Temporary

Mandatory after two profitable fiscal years following the end of the supervisory event (subject to compliance with regulatory ratios) or in the case of dividend distribution, the redemption of the issue or the liquidation of the issuer

Mandatory after two profitable fiscal years following the end of the supervisory event (subject to compliance with regulatory ratios) or in the case of dividend distribution or the redemption of the issue

Optional after two profitable fiscal years following the end of the supervisory event (subject to compliance with regulatory ratios) but mandatory in the case of dividend distribution or the redemption of the issue

34a

Type of subordination

n/a

n/a

n/a

35

Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument) Non-compliant transition features If so, specify non-compliant features

Participating or subordinated loans and securities

Participating or subordinated loans and securities

Participating or subordinated loans and securities

36 37

n/a

n/a

n/a

154

NATIXIS Risk report Pillar III 2017