NATIXIS - Universal registration document and financial report 2019

COMPENSATION

Compensation policy

Natixis’ compensation policy is a key factor in implementing its company strategy. The compensation of executive corporate officers is included in the principles of Natixis’ overall compensation policy as applied to all its staff. (1)

Governance of executive corporate officer compensation

FIXED COMPENSATION + ANNUAL OR LONG-TERM VARIABLE COMPENSATION + NON-RECURRING ITEMS + BENEFITS

Opinions/proposals of the Compensation Committee

Decision of the Board of Directors

Approval of the Annual General Shareholders’ Meeting

Ex ante say-on-pay vote On the compensation policy for executive officers: principles and criteria for determining their compensation

Ex post say-on-pay vote On the payment or allocation of variable or non-recurring items for the previous fiscal year

Total compensation awarded to the Chief Executive Officer vs. equity pay ratio

2.815

21.4

2.059

2.023

1.950

1.914

16.0

15.4

17.3

15.2

2019

2015

2016

2017

2018

Total compensation granted to the Chief Executive Officer (€m) CEO pay ratio vs average employee’s compensation

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2019