NATIXIS_PILLAR_III_2017_EN

CAPITAL MANAGEMENT AND CAPITAL ADEQUACY Changes in regulatory capital, regulatory own fund requirements and ratios in 2017

TABLE 6 (CCYB1): GEOGRAPHICAL DISTRIBUTION OF CREDIT EXPOSURES USED IN THE COUNTERCYCLICAL BUFFER R

Value of exposures and/or RWA used to determine the CCyB

Contracyclical capital buffer (CCyB) rate

Breakdown by country (in millions of euros) CZ – Czech Republic

CCyB rate specific to Natixis

CCyB requirement specific to Natixis

Value of exposures

RWA

0.5% 1.3% 1.3% 2.0% 2.0% 0.5%

49

18

HK – Hong Kong

1,722

685

IS – Iceland NO – Norway SE – Sweden SK – Slovakia

11

3

128 235

40 83 20

3

42

Sub-total

2,187

849

Other countries with a 0% risk weight

199,418

78,284

TOTAL AT 12.31.2017

201,605

79,133

0.0142%

16

TOTAL AT 12.31.2016

206,298

79,421

0.0082%

9

The change in regulatory capital under Basel 3/CRR over the period is shown below:

TABLE 7: CHANGES IN REGULATORY CAPITAL AFTER THE APPLICATION OF PHASE-IN ARRANGEMENTS OVER THE PERIOD R

2017

(in millions of euros)

Common Equity Tier 1 (CET1) Amount at start of period

12,474

New instruments issued (including share premiums)

0 0

Instruments redeemed

Retained earnings from previous periods

(380) 1,669

Net income/(loss) for the period

Gross dividend proposed

(1,160)

Dividend payout in new shares

0

Changes in other comprehensive income Translation adjustments

(667)

Available-for-sale assets Cash flow hedging reserve

8

108

Other

(145)

Other

4 0

Minority interests

Filters and deductions not subject to the phase-in arrangements Goodwill and intangible assets

(176)

Own credit risk

258

Other comprehensive income CFH Prudent valuation adjustment

(108)

(5)

Other

(22)

Other, including prudential adjustments and phase-in arrangements Deferred tax assets that rely on future earnings (excluding temporary differences)

325

Deductions in respect of breaches of capital thresholds

66

Other

(25)

Impact of phase-in arrangements o/w impact of changes in phase-in rate

(251) (104) (147)

o/w impact of change in basis subject to phase-in arrangements

Amount of Common Equity Tier 1 (CET1) at end of period

11,975

45

NATIXIS Risk report Pillar III 2017