NATIXIS_REGISTRATION_DOCUMENT_2017

FINANCIAL DATA Consolidated financial statements and notes

Segment information 9.6

9.6.1

Segment reporting in the income statement

12.31.2017

Asset & Wealth Management (a)

Corporate & Investment

Specialized Financial Services

Corporate Center (excluding Coface) (b)

Banking Insurance

Coface

Total

Net revenues

3,113

3,442

734

1,382

624

173

9,467

2016/2017 change (c)

15%

8% 12%

2% (1)%

(6)% 9%

Expenses

(2,178)

(2,132)

(439)

(939)

(484)

(462)

(6,632)

2016/2017 change (c)

10%

7% 16%

6% (9)%

(4)% 6%

Gross operating income

936

1,310

295

443

140

(290)

2,835

2016/2017 change (c)

27% 10%

6% (5)% 41%

(2)% 14%

Provision for credit losses 2016/2017 change (c) Net operating income 2016/2017 change (c)

0

(115)

0

(73)

(6)

(65)

(258)

(60)% (41)%

0% 27% 10%

33% (15)%

936

1,195

295

371

135

(355)

2,577

27% 19%

6% (9)% 43%

3% 19%

5

Associates

1

10

13

0

1

0

26

2016/2017 change (c)

(111)% (24)% 40%

0% (141)%

(46)% 103%

Other

10

18

0

(0)

0

20

48

2016/2017 change (c)

(39)% 100%

0% (100)% (100)%

(84)% (52)%

Pre-tax profit

947

1,223

308

371

136

(334)

2,651

2016/2017 change (c)

27% 21%

7% (16)% 712%

55% 16%

Net income (group share)

482

863

191

251

48

(167)

1,669

2016/2017 change (c) (21)% 21% This informationis determined based on the accounting principles applied in accordance withIFRS asadoptedby the European Union at December 31, 2017. o/w for Asset Management: (a) - Net revenues: €2,972 million; - Expenses: -€2,034 million; 14% 23% 14% (13)% 2168%

- Gross operating income: €938 million; - Provision for credit losses: €0 million; - Pre-tax profit: €949 million.

o/w for Short-term Treasury : (b) - Net revenues : €139.6 million ; - Expense : -€62.7 million ;

- Gross operating income: €76.9 million ; - Provision for credit losses: €0.1 million ; - Pre-tax profit: €77.1 million. Variation between December 31, 2016 and December 31, 2016 (pro forma figures). (c) Breakdown of net revenues

Net revenues

2016/2017 change

(in millions of euros)

Asset & Wealth Management

3,113 2,972

15% 15%

Asset Management

Private Banking

142

4% 8% 5% 8%

Corporate & Investment Banking

3,442 1,781 1,690

Capital Markets (a)

Global finance & Investment banking

Other

(30) 734

(60)%

Insurance

12%

Specialized Financial Services

1,382

2% 3% 2% 1%

Specialized Financing

862 336 184 624 173

Payment

Financial Services

Coface

(1)% (6)%

Corporate Center (excluding Coface)

TOTAL 9% Including €1,916 million excludingnetrevenues of theXVA desks, which break down into €1,317 million i netrevenues forFICTand €599 million for Equities. (a) 9,467

295

Natixis Registration Document 2017