NATIXIS_REGISTRATION_DOCUMENT_2017

CORPORATE GOVERNANCE Policies and rules established for determining compensation and benefits of any kind for corporate officers

Compensationpaid to LaurentMignon in 2017 was composedof year, the portion relating to the three previous periods was paid €962,379 in fixed compensation and fringe benefits and to the beneficiary.The differencebetweenamountsgranted and €1,660,863 in variable compensation,the componentsof which the amounts actually paid is correlated: the cash portion is are broken down below. The performance condition for the correlatedto the market capitalizationat the Euriborrate, and the deferred portion of variable compensation granted to portion indexed to the Natixis share price is correlated to the Laurent Mignonis that Natixis’ net operating income should be changein the share price. strictly positive. As this condition was met for the 2017 fiscal

2

Deferred securities or similar instruments portion of variable compensation for fiscal year 2013

Deferred securities or similar instruments portion of variable compensation for fiscal year 2014

Securities or similar instruments portion of variable compensation for fiscal year 2016 paid in October 2017

Cash portion of variable compensation for fiscal year 2016 paid in March 2017

Deferred cash portion of variable compensation for fiscal year 2013

Deferred cash portion of variable compensation for fiscal year 2014

Deferred cash portion of variable compensation for fiscal year 2015

Total

Paid in 2017

€160,744

€102,442

€134,448

€110,333

€238,934

€171,152

€206,798

€1,124,850

Granted (initial amount)

€102,442

€102,442

€110,333

€110,333

€238,934

€171,152

€171,152

€1,006,788

AMF TABLE NO. 3 R Directors’fees and other compensationreceivedby non-executivedirectorsfrom January 1 to December 31, 2017.

FY 2017  (1)

FY 2016  (1)

(in euros)

Non-executive directors

Amounts due

Amounts paid

Amounts due

Amounts paid

BPCE Directors’ fees Natixis director

64,000

64,000

60,000

60,000

In respect of Natixis subsidiaries

41,534

23,534

49,900

49,900

Marguerite Bérard-Andrieu (term of office ended January 1, 2018)

Directors’ fees Natixis director

N/A

N/A

N/A

N/A

In respect of BPCE and its subsidiaries

N/A

N/A

N/A

N/A

BPCE fixed compensation

600,000

600,000

331,989

331,989

BPCE annual variable compensation

539,250  (2)

112,667  (3)

225,333  (4)

0

BPCE multi-year variable compensation

0

0

0

0

BPCE extraordinary compensation

0

0

0

0

Benefits in kind in respect of BPCE (company car, housing, other)

0

0

0

0

Catherine Halberstadt (office held since January 1, 2018)

Directors’ fees Natixis director

N/A

N/A

N/A

N/A

In respect of BPCE and its subsidiaries

N/A 

N/A 

N/A

N/A

Fixed compensation in respect of BPCE

500,000

500,000

N/A

N/A

BPCE annual variable compensation

449,600  (5)

169,000  (6)

N/A

N/A

BPCE multi-year variable compensation

0

0

N/A

N/A

BPCE extraordinary compensation

0

0

N/A

N/A

Benefits in kind in respect of BPCE (company car, housing, other)

44,080  (7)

44,080  (7)

N/A

N/A

Thierry Cahn Directors’ fees Natixis director

22,000

22,000

22,000

22,000

Member of the Natixis Appointments Committee

2,786.30

2,786.30

N/A

N/A

Member of the Natixis Strategic Committee

2,000

2,000

2,000

2,000

In respect of BPCE and its subsidiaries

22,050

0

22,050

22,050

Other compensation Alain Condaminas

Directors’ fees Natixis director

22,000

22,000

22,000

22,000

Member of the Natixis Appointments Committee

213.69

213.69

4,000

4,000

Member of the Natixis Compensation Committee

6,000

6,000

6,000

6,000

Member of the Natixis Strategic Committee

2,000

2,000

2,000

2,000

In respect of Natixis subsidiaries

3,600

0

4,800

4,800

In respect of BPCE and its subsidiaries

25,000

0

23,250

23,250

Other compensation

89

Natixis Registration Document 2017