NATIXIS - Universal registration document and financial report 2019

3 RISK FACTORS, RISK MANAGEMENT AND PILLAR III Basel 3 Pillar III disclosures

Differences between consolidation scopes (entity by entity) (EU LI3)

The table below lists the subsidiaries for which the method of regulatory consolidation is different from the method of accounting consolidation.

Method of accounting consolidation

Method of regulatory consolidation

Entity name

Description of the entity

Country

Coface S.A.

Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation

Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method Equity method

Holding company

France France France France France

Coface Europe

Credit insurance and related services Credit insurance and related services

Cofinpar

Cogeri

Receivables management and data

FONDS COLOMBES

Mutual fund investments

Coface RE S.A.

Reinsurance

Switzerland Switzerland

Fonds Lausanne S.A.

Mutual fund investments

Coface Debitorenmanagement GmbH

Receivables management and data

Germany

Coface Deutschland (formerly Coface Kredit) – BRANCH (Coface Europe)

Credit insurance and related services Receivables management and data Receivables management and data

Germany Germany Germany Germany

Coface Rating GmbH

Coface Rating Holding GmbH

Kisselberg KG

Insurance

Coface Austria – BRANCH (Coface Europe)

Holding company

Austria Austria

Coface Services Austria

Receivables management and data

Coface Italy – BRANCH (Coface Europe)

Credit insurance and related services

Italy Italy

Coface Italia

Holding company

Coface Greece – BRANCH (Coface Europe) Coface Ireland – BRANCH (Coface Europe)

Credit insurance and related services Credit insurance and related services Credit insurance and related services

Greece

Ireland

Coface UK – BRANCH (Coface Europe)

United Kingdom United Kingdom United Kingdom

Coface UK Holdings Limited

Holding company

Coface UK Services Ltd

Receivables management and data

Coface Belgium – BRANCH (Coface Europe)

Credit insurance and related services

Belgium Belgium Portugal

Coface Belgium Services

Business and solvency data

Coface Portugal – BRANCH (Coface Europe)

Credit insurance and related services Credit insurance and related services

Coface Iberica -BRANCH (Coface Europe)

Spain Spain

Coface Servicios España, SL

Receivables management and data

Coface Switzerland – BRANCH (Coface Europe) Coface Nederland – BRANCH (Coface Europe)

Insurance Insurance

Switzerland

Netherlands Netherlands

Coface Nederland Services BV

Receivables management and data

Coface Denmark – BRANCH (Coface Europe)

Insurance Insurance

Denmark

Coface Sverige – BRANCH (Coface Europe)

Sweden

Coface RUS Insurance Company

Credit insurance

Russia

Coface Holding America Latina S.A.

Financial data

Mexico

Coface Argentina -BRANCH (Coface Europe)

Credit insurance and related services

Argentina

Coface Chile S.A. (Insurance)

Insurance Insurance

Chile

Coface Seguro de Credito Mexico

Mexico

Coface Do Brasil Seguros de Credito

Credit insurance and related services Credit insurance and related services Credit insurance and related services Credit insurance and related services Credit insurance and related services Credit insurance and related services

Brazil Brazil

Seguradora Brasileira CE (SBCE)

Coface Chile – BRANCH (Coface Europe)

Chile

Coface Ecuador – BRANCH (Coface Europe) Coface Canada – BRANCH (Coface Europe)

Ecuador

Canada

Coface North America, Inc. (MGU)

United States United States United States United States

Coface Services North America, Inc.

Holding company Holding company

Coface North America Holding Company

Coface North America Insurance Company

Credit insurance and related services

Coface Central Europe Holding

Holding company

Austria

Coface Hungary (formerly ÖKVC Fióktelepe) – BRANCH (Coface Europe)

Insurance

Hungary

Coface Poland CMS

Financial data

Poland Poland

Coface Poland (formerly ÖKVC Poland) – BRANCH (Coface Europe)

Insurance Insurance Insurance Insurance Insurance Insurance Insurance

Coface Romania CMS

Romania Lithuania Romania

Coface Lithuania (formerly LEAID) – BRANCH (Coface Europe) Coface Romania Insurance – BRANCH (Coface Europe) Coface Czech Insurance – BRANCH (Coface Europe) Coface Czech Insurance – BRANCH (Coface Europe)

Czech Republic

Slovakia

Coface Bulgaria – BRANCH (Coface Europe)

BULGARIA

Coface Technologie – Roumania – BRANCH (Coface Europe)

Data services

Romania

Coface PKZ

Credit insurance

Slovenia

Coface Japan – BRANCH (Coface Europe)

Credit insurance and related services

Japan

Coface South Africa

Insurance Insurance

South Africa South Africa

Coface South Africa Services

Coface Singapore – BRANCH (Coface Europe)

Credit insurance and related services

Singapore

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2019