NATIXIS - Universal registration document and financial report 2019

6 NON-FINANCIAL PERFORMANCE REPORT

Business line contributions to green and sustainable growth

To implement these commitments to biodiversity, Natixis has had an Assurances. Its goal is to produce real solutions to allow Natixis’ internal working group on natural capital since 2018 comprising activities to systematically measure — and mitigate if necessary — experts from its different business lines: the ESR Department, the impact of their activities on nature, to systematically integrate financing, the CIB Green Hub, representatives from the Asset biodiversity in dialog with clients in sensitive sectors, and to develop Management affiliates (Mirova, Ostrum AM, AEW), and Natixis products and services based on nature.

Recognition of biodiversity in financing 6.3.3.2 The Green Weighting Factor introduced in September 2019 now systematically evaluates the impact of financing solutions on biodiversity in relevant sectors as well as the impact of dedicated financing solutions (project or asset financing) on Key Biodiversity Areas. Natixis already incorporates an in-depth analysis of the impact on biodiversity in its project financing activities and in 2020 it will continue to step up its recognition of natural capital preservation in all its activities: In accordance with the Equator Principles , Natixis requires its clients to examine all the risks and potential impacts of their projects from an environmental, social, health and safety perspective and to take all the necessary steps to minimize and correct the potential impacts. Protecting biodiversity is an integral part of these requirements. The quality of the client’s impact studies and management systems is also taken into account when assessing the project. The assessment is generally performed by an independent consultant and it pays particular attention to the preservation of natural and critical habitats, in compliance with the regulations applicable to the project. For projects located in non-designated countries (1) , additional action is required to meet the conditions set by the International Finance Corporation (2) .

Mining activities to extract, recycle and transform commodities have a significant impact on natural capital and biodiversity. For this reason, Natixis works with its clients to plan, avoid, reduce and offset the impact of these activities at each stage in the investment process. For each transaction, the Energy & Natural Resources (ENR) team ensures that its clients observe the practices required in the sector (including the Equator Principles) and Natixis’ internal policies. For agricultural commodities , Natixis helps its clients with natural capital protection. Natixis was Senior MLA for an innovative sustainability loan (revolving credit facility) for COFCO International for which it received the "Best Sustainability-Linked Loan" from The Asset (3) . This $2.1 billion syndicated loan included ESR objectives, in particular an improvement in agricultural product traceability, primarily soybeans sourced from Brazil. An independent third party will assess the achievement of the objectives each year. If the Company meets the objectives, the interest savings will be invested in sustainable supply chains and health and safety for local communities.

2019 KEY EVENT Inclusion of sustainable agriculture criteria in the Ghana Cocoa Board’s sustainable term loan Natixis co-arranged a sustainable term loan for the Ghana Cocoa Board. This new $300 million loan over three years will finance production improvement programs and includes a margin adjustment mechanism based on environmental and social goals. One of the goals is the promotion of sustainable agricultural practice (training in these practices, planting of shade trees). This deal is one of the first in this sector to encourage environmentally friendly production techniques and improve farmers’ livelihoods (in particular for women and children).

As defined in the Equator Principles. (2) https://www.theasset.com/awards/regional-deal-2019 (3) IFC Performance Standard 6: biodiversity conservation and sustainable management of living natural resources. (1)

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2019