NATIXIS - Universal registration document and financial report 2019

STRATEGIC PLAN

NEW DIMENSION : Natixis’ 2018-2020 strategic plan following the success of the New Frontier strategic plan (2014-2017)

The New Dimension ambition: differentiation and sustainable value creation through targeted expertise.

NATIXIS ADOPTED 3 STRATEGIES

DEVELOPING THE BUSINESS LINES

ENHANCED AGILITY

CAPITAL GENERATION

STRONG VALUE CREATION

OPERATIONAL EFFICIENCY

DIVERSIFICATION OF SOURCES OF REVENUES V A balanced and diversified business mo d e l b e t we e n b a n k i n g a n d non-banking activities, the latter representing ~60% in 2019 vs. ~45% in 2017 and ~50% in 2013. V Outside Europe: >50% of Asset &Wealth Management revenues excluding Europe, 37% for Corporate & Investment Banking CIB.

Transformation & operational excellence program: target of €300m in recurring annual savings by 2020.

V Business lines generating strong and sustainable ROE. V Significant growth potential thanks to distinct sector expertise.

NEWWAYS OF WORKING

DISPOSAL OF NATIXIS RETAIL ACTIVITIES

V Shared tools and mobile systems for all. V Increased telecommuting

Acceleration of the asset-light model.

LOW DEPENDENCE ON INTEREST INCOME

Share of NII in net revenues: 9% in 2019 vs. 12% in 2018 and 33% in 2013.

MANAGED RWA GROWTH

DIGITAL TRANSFORMATION

SIMPLIFYING THE ORGANIZATION

New leadership roles aimed at increasing span of control by 35%.

Major initiatives across the business lines (user platforms, automation, overhaul QHǾDWUKPGUU RTQEGUUGU GVE

RWA growth target below net revenue growth forecasts for the period of VJGǾUVTCVGIKE RNCP

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2019

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