NATIXIS - Universal registration document and financial report 2019

6 NON-FINANCIAL PERFORMANCE REPORT

Business line contributions to green and sustainable growth

Before making any investment decisions, the investment team looks at: ESG strategy; V certifications; V

renewable energy on site or renewable energy certificates V purchased; risks relating to the water supply and water quality. V AEW CILOGER includes ESG criteria for 16% of its assets, representing a total of €5.2 billion.

2019 KEY EVENT DNCA develops a proprietary impact analysis model

This approach seeks to generate a significant, measurable environmental and social impact while maximizing the financial return. The model assesses a Company’s ability to meet three requirements: additionality (adding value to the market or regulation), intentionality (integration of the Company’s strategy) and measurability (using relevant comparable data). For the time being, this analysis only applies for the management of the DNCA Invest Beyond Semperosa fund.

Dedicated impact reporting (1) is published each year. Natixis Assurances has invested €43 million in this fund.

Fund certification Fund managers who incorporate ESG criteria can seek certification for their funds based on the region in which they are sold (e.g. the SRI, Greenfin and Finansol labels in France) and/or the investment sector (e.g. real estate sector). DNCA has been awarded SRI certification for six of its funds that incorporate ESG criteria, representing €774 million in assets (European equity, international equity, European infrastructure

equity). These six funds are part of the Beyond range, and they apply the following ESG criteria: exclusion of issuers with ESR risks from the portfolio. This filter V meets the requirements set out in the government-recognized SRI certification; selection of issuers having a positive impact on the sustainable V economic transition.

2019 KEY EVENT Four DNCA funds obtain Febelfin certification — the new label for the European financial center

The new Belgian certification imposes new standards based on the recommendations of the European expert group on promoting sustainability funds among retail investors: transparency, ESG analysis and exclusions with low tolerance thresholds for coal and conventional and unconventional fossil fuels. DNCA was awarded this certification for all the sustainability funds it sells in Belgium. Three equity funds and a mixed fund were certified, representing €685 million in assets under management.

Ostrum AM was awarded the French SRI label for thirteen of its funds in 2019. This accounts for 4.7% of its assets under management, totaling €12.9 billion. Also in 2019, Ostrum AM converted a money market fund with €9 billion in assets under management into a socially responsible fund using a best-in-class approach rounded out by active positive screening. This fund, Ostrum Sustainable Trésorerie, was also certified in 2019. Ossiam has four SRI-certified funds incorporating ESG and/or carbon reduction criteria (US equities, developed world global equities), representing €537 million or 12.8% of assets under management at year-end 2019. Mirova manages €4.7 billion in SRI-certified funds.

AEW CILOGER set up a working group within the French association of investment property companies ( Association française des sociétés de placement immobilier — ASPIM) to create a real estate SRI label in France incorporating criteria covering all environmental, social and governance issues. The industry-wide working group completed its work in 2019 and the certification process should be launched following the publication of a ministerial decree to this effect in 2020. AEW CILOGER will seek certification for some of its funds in 2020. Natixis Assurances systematically includes an ESG-certified unit-linked product (SRI or Greenfin certification) in all new life insurance policies. These certified unit-linked products represented €804 million at the end of 2019.

https://www.dnca-investments.com/fonds/dnca-invest-beyond-semperosa/parts/a-lu1907595398 (1)

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2019