NATIXIS_SHARHOLDERS_MEETING_2018

The maximum purchase price under this resolution will be ten (10) euros per share (or the equivalent value of this amount on the same date in any other currency). This maximum price applies only to purchases decided from the date of this meeting and not to forward transactions entered into by virtue of an authorization given at a previous General Shareholders’ Meeting and providing for purchases of shares subsequent to the date of this meeting. The shareholders delegate to the Board of Directors, in the event of a change in the par value of the share, capital increases by capitalization of reserves, free share awards, stock splits or reverse stock splits, distribution of reserves or of any other assets, redemption of capital, or any other transaction affecting the share capital, the power to adjust the maximum purchase price indicated above to take into account the impact of these transactions on the share value; 4) resolves that the aggregate amount allocated to the share buyback program authorized above may not exceed €3,138,305,787; 5) fully empowers the Board of Directors, with the right to sub- delegate said power, to decide upon and implement this authorization, to specify its final terms and conditions if Resolutions requiring the approval of the Extraordinary General Shareholders’ Meeting (resolutions eighteen to twenty-one) Delegation of authority to the Board of Directors to decide whether to increase share capital through the issue of shares and/or securities providing access to the Company’s capital reserved for members of employee savings plans with waiving of preferential subscription rights in favor of said members (resolution eighteen) Resolution eighteen asks the General Shareholders’ Meeting to delegate authority to the Board of Directors to decide on a capital increase without preferential subscription rights reserved for members of employee savings plans, up to a par value limit of fifty (50) million euros. Such a capital increase would be aimed at closely aligning employees with the Company’s development. This capital increase would be deducted from the overall ceiling of €1.5 billion decided by the General Shareholders’ Meeting of May 23, 2017, in resolution fourteen. Resolution eighteen (Delegation of authority to the Board of Directors to decide whether to increase share capital through the issue of shares and/or securities providing access to the capital of the Company, reserved for members of employee savings plans with waiving of preferential subscription rights in favor of said members) The General Shareholders’ Meeting, deliberating in accordance with the quorum and majority requirements for extraordinary business, having reviewed the report of the Board of Directors and the special report of the Statutory Auditors, in accordance with the provisions of Articles L.225-129-2, L.225-129-6, L.225-138 I and II, L.225-138-1, L.228-91 and L.228-92 of the French Commercial Code, and with the provisions of Articles L.3332-18 through L.3332-24 of the French Labor Code: 1) delegates to the Board of Directors, with the right to sub-delegate said power under the terms set out by law, its authority to decide whether to increase share capital, in one or more stages, in France or abroad, by a maximum amount of fifty (50) million

necessary and to determine its procedures, in order to carry out the buyback program and, in particular, to place any stock market order, enter into any agreement, allocate or reallocate the shares acquired to meet the objectives sought in accordance with the applicable legal and regulatory provisions, establish the terms and conditions according to which the rights of holders of securities or options will be protected, if appropriate, in accordance with legal, regulatory or contractual provisions, make any filings with the AMF and any other competent authorities, and complete all other formalities and, in general, do whatever is necessary. The Board of Directors will ensure that these buybacks are executed in accordance with prudential requirements, such as those established by regulation. This authorization is granted for a period of eighteen (18) months from this meeting. It voids from this day, as applicable, any unused part of any prior delegated power given to the Board of Directors for the purpose of trading in the Company’s shares, particularly that given by the shareholders in resolution twelve of the Combined General Shareholders’ Meeting of May 23, 2017. If the Board of Directors makes use of an authority delegated to it by your General Shareholders’ Meeting, it will establish, at the time of its decision, if necessary and in accordance with the law and the regulations, a supplementary report describing the final conditions of the transaction and indicating its impact on the situation of the holders of the capital stock or securities providing access to capital, particularly with respect to their share in equity. This report, along with any report by the Statutory Auditors, will be made available to the holders of the capital stock or securities providing access to capital and then brought to their attention at the next General Shareholders’ Meeting. This delegation voids, as applicable, any unused part of the delegation granted in resolution twenty by the General Shareholders’ Meeting on May 23, 2017, with the stipulation that the Mauve 2018 share ownership plan in progress at the time of this meeting had been approved by the Board of Directors at its meeting of November 7, 2017, based on resolution twenty adopted by the Combined General Shareholders’ Meeting of May 23, 2017. A detailed description of the Company’s business since the start of the fiscal year underway is included in the 2017 Natixis registration document. A summary of the methods for determining the issue price are included in the table appended to this report. euros, through the issue of shares or securities giving access to capital reserved for members of employee savings plans implemented in one company or a group of companies in France or elsewhere, falling within the scope of consolidation or combining financial statements pursuant to Article L.3344-1 of the French Labor Code; with the understanding that (i) this resolution may be used to implement leverage effect formulas and (ii) the par value ceiling on capital increases carried out or liable to be carried out in future under this delegation of authority will be applied against the amount of the overall ceiling established in paragraph three of resolution fourteen submitted at the General Shareholders’ Meeting of May 23, 2017, or, where appropriate, to the overall ceiling established under the same kind of resolution which may supersede said resolution during the period in which this delegation of authority remains valid and is set without taking into account the par value of shares to be issued to safeguard, in accordance with the law and if necessary the contractual stipulations providing for other adjustments, the rights of holders of securities giving access to the Company’s capital;

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NATIXIS 2018 MEETING NOTICE