NATIXIS - Universal registration document and financial report 2019

FINANCIAL DATA Consolidated financial statements and notes

i) Schedule of non-discounted payments

31/12/2019

31/12/2018

Post-employment defined- benefit plan

Post-employment defined- benefit plan

Supplementary pension

Supplementary pension benefits and other

benefits and other End-of-career awards

(in millions of euros)

End-of-career awards

n+1 to n+5 n+6 to n+10 n+11 to n+15 n+16 to n+20

134 112 104 105 392 847

61 81 80

125 112 102 106 415 860

65 85 79 99

101 179 502

> n+20 TOTAL

172 500

Other share-based plans 12.2.4 a) Employee stock option plans under the Company employee savings plan

Plan

2014

2014

2015

2016

2018

Entity

Natixis

Coface

Natixis

Natixis

Natixis

Plan announcement date

14/03/2014

12/06/2014

12/03/2015

10/03/2016

23/03/2018

Plan maturity Reference price Subscription price Face value discount

5 years €5.051 €4.041 20.00%

5 years €10.40

5 years €6.618 €5.295 19.99%

5 years €4.094 €3.276 19.98%

5 years €6.252 €5.002 19.99%

€8.32

20%

5

Number of shares subscribed

9,951,325

255,347 €2.1m 0.84% 0.16% 5.47% 21.30%

8,505,624

7,989,447

11,982,805

Total subscribed amount (in millions of euros)

€40.2m

€45m 0.14% 0.05% 4.45%

€26m 0.08%

€60m

Risk-free interest rate

0.84% 0.16% 5.47%

(0.15)%

Annual security borrowing rate (repos)

(0.12)%

0.05% 3.34%

Market participant’s borrowing rate (five years)

3.93%

Lock-up cost

21.28%

19.57%

19.43%

16.22%

For the record, there were no capital increases reserved for employees in 2019. At December 31, 2018, Natixis recorded an expense of €2.3 million for the discount granted on subscription to employee stock options under the Company employee savings plan, measured taking into account the five-year lock-up period applicable to the issued securities.

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2019