NATIXIS - Universal registration document and financial report 2019

5 FINANCIAL DATA

Consolidated financial statements and notes

The Equities, Fixed Income, Credit, Forex, Commodities and Global Structured Credit & Solutions businesses remain part of the Global Markets business line, while short-term Trade Finance and the development of the flow offering are combined under Trade & Treasury Solutions. Lastly, subsequent to the sale of SFS busines operations to BPCE S.A., the Corporate & Investment Banking division now includes the Film Industry Financing business line, which is operated via Coficiné, a subsidiary specializing in structured loans for film and audiovisual activities in France and Europe. 10.3 Natixis Assurances is a holding company for various operating insurance subsidiaries. In March 2014, in accordance with the plan to develop the bancassurance model, Natixis Assurances acquired PPI and casualty insurance subsidiary BPCE Assurances, which it now wholly owns. It offers a full range of individual and group life insurance, personal protection insurance, and property & casualty insurance products for the Banque Populaire and Caisse d'Epargne networks. These diversified, customized solutions are designed for retail and small business customers, farmers, companies and non-profits. 10.4 This business line provides tools, infrastructure, and services for payments: electronic banking, issuance and collection of mass electronic transfers, check processing, service vouchers, e-commerce, etc. Under the New Dimension plan, Payments is designed to become a pure play on the payment segment in Europe and accelerate its digital transformation. Thus, the business line recently acquired several start-ups specializing in electronic payment and e-commerce, namely: Payplug, S Money, Dalenys and Comiteo; Insurance Payments

Financial Investments 10.5 Financial Investments houses the non-core business lines of Natixis: Coface, of which the main activities are credit insurance, international factoring, corporate information and rating and the management of accounts receivable, as well as the proprietary Private Equity activity, Natixis’ stake in certain sponsored funds that it does not intend to retain, as well as the Natixis subsidiary in Algeria. 10.6 The Corporate Center operates alongside the operating divisions. The Corporate Center recognizes the central funding mechanisms and income from Natixis’ asset and liability management. To this end, it includes all Treasury activities, including the short-term Treasury business, which has been part of Natixis’ Finance Department since the start of 2017 (it was previously part of Corporate & Investment Banking). It also records income on the bank’s portfolio of equity investments not belonging to a division. In terms of costs, the Corporate Center recognizes the bank’s structural costs and the contribution to the Single Resolution Fund. Corporate Center

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2019