NATIXIS - Universal registration document and financial report 2019

PRESENTATION OF NATIXIS Natixis’ businesses

In Europe and the Middle East, Natixis' commitment to initiatives was highlighted by projects such as Beleolico Srl, the first offshore wind farm in Italy and the Mediterranean (sole arranger); the first French wind farm off the coast of Saint-Nazaire (coordinator for Groupe BPCE); the first wind farm in Saudi Arabia Dumat Al Jandal (arranger, offshore securities agent); and the Taweelah project in Abu Dhabi, set to become the largest desalination plant in the world (initial arranger, documentation bank, facility agent). In Asia, for example, the funding of the Yunlin project off the coast of Taiwan was named “Best Syndicated Loan” by The Asset, and solar farm Kiamal in Australia was named “Best Project Finance Deal” at Finance Asia’s 2019 Achievement Awards. Natixis also boasts an enviable position as No. 2 MLA globally in the first nine months of 2019 (source: IJGlobal) , in the telecommunications sector which is expanding rapidly as a result of the digitization of the economy. Natixis contributed to the development of fiber optics across France. The bank is also very involved in the data center segment. In the transportation, Natixis participated as financial advisor and debt arranger for the construction of the tramway in Liège, Belgium. Aviation With 40 years’ experience in the sector, Natixis is one of the biggest players in aviation worldwide and finances nearly 4% of the global fleet. It covers all types of assets (medium/long-haul, regional) and manufacturers. Drawing on its expertise in arranging, structuring and distributing specialized financing in these markets, including commercial loans, portfolio financing, financing with export cover and optimized loans (JOL, JOLCO, FOL, etc.), Natixis is developing a comprehensive investment banking, advisory (M&A, ratings) and hedging offering. It caters to airlines and aircraft leasing companies, with strong growth in the latter client category. For example, as a senior secured lender for Avollon, the world's third biggest leasing company, Natixis supports Avollon across the continuum of expertise, including leading its $500 million inaugural unsecured term loan facility in 2019. In 2019, Natixis was named “Asia-Pacific Bank of the Year” by Airline Economics , a leading publication in the aviation industry. This award underscored the quality and volume of funds raised by Natixis for its clients in the region this year. Landmark deals highlighted by the publication included the ICBC Leasing French optimized lease (FOL) for 15 aircraft named “Asia-Pacific Tax Lease Deal of the Year”. Among other highly visible, strong value-added deals, Natixis arranged the assurance export-backed financing of two Airbus A380 aircraft for Emirates, named “Deal of the Year” by Airline Economics. These structures may include asset-based securities (ABS). Natixis helped Stratos with its maiden bond issue backed by a portfolio of 15 aircraft.

GMC: commodity price hedging activity, led by ENR in partnership V with the Capital Markets team. In 2019, this strategic sector-oriented approach resulted in several deals combining financing and price hedging. In keeping with the bank’s sustainable development policy, Natixis arranged multiple deals indexed to environmental, social and governance (ESG) criteria for its clients in the sector. For example, Natixis served as the arranger of the first sustainability-linked pre-export finance facility. Natixis also set up green term facilities for Ghanaian cacao manufacturer Ghana Cocoa Board and agricultural commodities trader Louis Dreyfus Company, and a sustainable revolving facility for grain and oilseed trader Bunge. In structured financing, Natixis led a number of high-profile, high value-added landmark transactions in all areas of the globe. The bank continues to pursue external and internal initiatives to digitize international commodities trading. The fintech Komg o ®, in which Natixis invested alongside 16 banks and industry players, has delivered multiple additional features (letters of credit, receivables discounting, KYC tools, etc.) on its blockchain platform. The second fund-raising operation conducted in 2019 (during which Natixis increased its stake) should allow Komgo ® to expand its development. The platform will ultimately streamline trade among all players in the value chain, including producers, traders, freight forwarders and banks. Several internal initiatives are also in progress with the goal of improving the acquisition and use of our data. Infrastructure Natixis has financed over 1,150 projects in more than 25 years of business. It draws its expertise in infrastructure from its in-depth knowledge of the sectors and assets financed. Natixis is a world leader in this area, ranking No. 8 MLA globally in the first nine months of 2019 (source: Project Finance International) . It covers the four main infrastructure segments — electricity and renewable energy, telecoms, social infrastructure and transportation, and natural resources — and has a dedicated infrastructure M&A advisory team. In 2019, Natixis finalized its industry bankers groups by hiring several new members, ensuring complete sector and global coverage of all Corporate & Investment Banking solutions. Drawing on its leading position in infrastructure debt vehicles, Natixis consolidated its joint investment platform by establishing partnerships with institutional investors. This platform allows them to invest in this asset class while offering borrowers a competitive source of liquidity. There are currently 13 partners on the platform, with an investment capacity of nearly €8.3 billion. In accordance with the strategy initiated under the New Dimension plan, Natixis further developed its sector approach with a now global M&A presence and the addition of new landmark mandates such as the acquisition by Vauban Infrastructures Partners of stakes in Indigo previously owned by Ardan, and the development of Engie Australia & New Zealand’s low-carbon assets investment platform. In 2019, business was dynamic on all three international platforms and in all asset classes, with a key focus on environmental and renewable energy initiatives (Source: IJGlobal) illustrated in particular by strong activity in Latin America.

1

23

www.natixis.com

NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2019