NATIXIS - Universal registration document and financial report 2019

OVERVIEW OF THE FISCAL YEAR Main investments and divestments performed over the period

Main investments and divestments 4.3 performed over the period

In line with the strategy of the New Dimension plan, in 2019 Natixis pursued a policy of targeted acquisitions in Asset Management and CIB.

Business line

Investment description

2019 Asset Management Acquisition of a minority stake in US asset management company WCM Investment Management (WCM) and conclusion of an international distribution agreement Asset Management Conclusion of a strategic partnership agreement with Fiera Capital, the leading publicly traded independent distribution platform in Canada, and acquisition of a minority stake of 11% in its capital Private Banking Acquisition of asset manager and investment advisory firm Massena Partners, a partner of Natixis Wealth Management for 20 years. The deal allows Natixis Wealth Management to bolster its Private Equity and real estate club deal offering by leveraging on the long-standing partnerships formed with Massena Partners and other leading players in these segments 2018 Asset Management Acquisition of European credit specialist MV Crédit as part of the expansion of Natixis Investment Managers’ private debt offering Corporate & Investment Banking Strategic investment in Vermillion Partners in China as part of the strategic enhancement of Natixis’ expertise in Mergers & Acquisitions advisory services Corporate & Investment Banking Strategic investment in Fenchurch Advisory Partners in the United Kingdom as part of the strategic enhancement of Natixis’ expertise in Mergers & Acquisitions advisory services Corporate & Investment Banking Strategic investment in Clipperton in France as part of the strategic reinforcement of Natixis’ expertise in Mergers & Acquisitions consulting Corporate & Investment Banking Long-term partnership to create a leading player in equity brokerage and equity capital markets in continental Europe. This partnership includes: the transfer of Natixis’ equity brokerage and equity research activities in France to ODDO BHF; V the integration of both players’ equity capital markets activities in France at Natixis V Payments Acquisition of Banque Postale’s 50% stake in Titres Cadeaux Payments Acquisition of 46% of the remaining shares in Dalenys, following a takeover bid and squeeze-out Payments Acquisition of a majority stake (70%) in Comitéo, a prepaid payments company (software platform for works councils) 2017 Asset Management Acquisition by Mirova of a majority stake (51%) in Althelia Ecosphère, an asset management company specialized in impact investing Asset Management Acquisition of a majority stake (51.9%) in Investors Mutual Limited, a well-known asset management company in Australia Insurance Acquisition of 40% of BPCE Assurances from Macif and Maif to become the sole shareholder Payments Acquisition of 54% of the shares of Dalenys, a French fintech with a high-performance technological offering for e-commerce retailers Payments Acquisition from BPCE of 100% of S-money, a digital payment and collection solutions specialist that responds to new customer preferences, and its subsidiaries (such as Le Pot Commun) Payments Acquisition of a majority stake (78.5%) in PayPlug, a French start-up offering online payment solutions for online retailers Corporate & Investment Banking Acquisition of a majority stake in Azure Capital, one of Australia’s top M&A advisory boutiques

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2019