NATIXIS_REGISTRATION_DOCUMENT_2017

6 ENVIRONMENTAL AND SOCIAL RESPONSIBILITY Management of ESG risks in our business lines

This commitment also applies to investmentsmade by Natixis Asset Management,coveringall directlymanagedportfolios,and to Natixis Assurances, which no longer invests its general-purposefunds in industrial companies deriving 50% or more of their business from coal-fired power plants and/or thermalcoal mining.

It should be noted that the amount of Natixis’ exposure to coal-industry financing has fallen steadily since the undertaking made in October 2015.At the end of 2017, financing of thermal coal mines amounted to zero and was residual in coal-fired powerplants.

2017 Key Event Discontinued financing of oil derived from oil sands and exploration/production of oil in the Arctic In December 2017, Natixis made a commitment to no longer finance the exploration, production, transportation and storage of oil derived from oil sands, all around the world. It also committed to stop financing companies whose activities are mainly based on the production of oil derived from oil sands. Furthermore, it has stopped financing oil exploration and production projects in the Arctic. More information is available in the press release. https://www.natixis.com/natixis/upload/docs/application/pdf/2017-12/ pr_natixis_-_new_commitments_-_december_11_2017.pdf

This commitmentto protect the Arctic upholds the position already adopted by Natixis Asset Managementand Mirova, which since 2016 have headed a group of investors that signed a declaration calling for the Arctic region to be protected against oil exploration activities,and for adherenceto nationalcommitmentsto combatclimatechangein this particularlyhydrocarbon-richarea of the world.

2017 Key Event Discontinued financing and investment in the tobacco industry

This decision, announced by Natixis in December 2017, applies to tobacco producers, wholesalers and traders, as well as tobacco product manufacturers. It is applicable to all Natixis business lines worldwide: Corporate & Investment Banking, Specialized Financial Services, Insurance and Asset Management. Natixis sees tobacco as a major danger to public health, and this exclusion has deepened its commitment to the fight against cancer, as a supporter of Fondation Gustave Roussy since 2011. More information is available in the press release. https://www.natixis.com/natixis/upload/docs/application/pdf/2017-12/natixis_pr_-_tobacco_exclusion_12_19_2017.pdf

DUTY OF CARE 6.3.4

Several additional projects were initiated at the same time, with the aim of establishinga duty of care plan for Natixis employees at its own offices, and also applied to purchasesof productsand services. Work was also begun to expand the due diligence proceduresimplementedin the bank'sfinancingactivities. Lastly, Natixis’ Compliance Department adapted the bank's whistleblowing system to take new regulations into account (includingin particularthe duty of care, but also the Sapin 2Act).

The French law on the duty of care requires Natixis to prepare, publish and implement a duty of care action plan containing measures that can identify and prevent the risks of violating human rights and basic freedoms,harmingthe environment,and endangeringoccupationalhealth and safety, associatedwith the activities conducted by Natixis, its subsidiaries, sub-contractors and suppliers. Launchedin 2014, the duty of care projectis overseenby Natixis’ ESR Departmentand involvesseveral other departmentsas well: Purchasing,HumanResources,Logistics,ComplianceandLegal.

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Natixis Registration Document 2017