NATIXIS - Universal registration document and financial report 2019

GENERAL SHAREHOLDERS’ MEETINGS Combined General Shareholders’ Meeting of May 20, 2020

Based on the share capital at December 31. 2019, on the assumption that no treasury stock existed on that date and without taking into account any shares with immediate dividend rights created after December 31, 2019, distributable earnings will be allocated as follows:

Draft resolution 8.2.3

of the Combined General Shareholders’ Meeting of May 20, 2020

Dividend

€977,454,329.42 €2,272,738,967.23

Ordinary business Resolution one: Approval of the 2019 parent company financial statements The General Shareholders’ Meeting, deliberating in accordance with the quorum and majority requirements for ordinary business, having reviewed the management report and the report of the Statutory Auditors on the parent company financial statements for the fiscal year ended on December 31, 2019, hereby approves said parent company financial statements as presented, including the balance sheet, income statement and notes to the financial statements, as well as the transactions reflected in these financial statements or summarized in these reports. The General Shareholders’ Meeting, deliberating in accordance with the quorum and majority requirements for ordinary business, having reviewed the management report and the report of the Statutory Auditors on the consolidated financial statements for the fiscal year ended on December 31, 2019, hereby approves said consolidated financial statements as presented, including the balance sheet, income statement and notes to the financial statements, as well as the transactions reflected in these financial statements or summarized in these reports. Resolution three: Appropriation of earnings for the 2019 fiscal year and setting of the dividend The General Shareholders’ Meeting, deliberating in accordance with the quorum and majority requirements for ordinary business, hereby: notes that the financial statements finalized as of December 31, V 2019, and approved by the shareholders at this meeting show earnings for the 2019 fiscal year of €2,242,111,898.15; notes that, after taking into account retained earnings of V €1,008,081,398.50 and as the legal reserve exceeds 10% of the share capital, distributable earnings amount to €3,250,193,296.65; resolves to appropriate the distributable earnings as follows: V payment to shareholders, as a dividend, of €0.31 per share, and (i) allocation of the remaining distributable earnings to “Retained (ii) earnings”. Resolution two: Approval of the 2019 consolidated financial statements

Retained earnings

It should be noted that dividends are not payable on shares owned by the Company. In the event that, during the payment of these dividends, the Company comes to own some of its own shares, the amounts corresponding to unpaid dividends that would have been payable on these shares will be recognized as retained earnings. The General Shareholders’ Meeting fully empowers the Board of Directors to determine the total amount of the dividend and consequently the amount of the remaining distributable earnings allocated to retained earnings, based on the number of treasury shares held on the dividend payment date. For individual beneficiaries who are tax residents of France and hold shares outside of an equity savings plan, these dividends are subject to income tax: at a single flat-rate withholding tax (PFU tax) of 12.8%, the tax base V of which is the gross amount of dividends (Article 200 A of the French General Tax Code); or at the express and irrevocable option of the beneficiary when V declaring their income, at the progressive income tax scale following the application of an allowance of 40% of the gross amount of dividends (Article 158-3-2° of the French General Tax Code). Regardless of the tax treatment of dividends for income tax purposes (flat tax on capital income [PFU] or progressive income tax scale), the paying establishment located in France must collect: a mandatory non-definitive flat-rate withholding tax (PFO) at a rate V of 12.8% (Article 117 [iv] of the French General Tax Code) as an initial income tax payment, unless individual beneficiaries who are tax residents of France have applied for an exemption under the conditions set out in Article 242 (iv) of the French General Tax Code; social security charges of 17.2%. V When the progressive income tax scale is applied to dividends, the portion of social withholding tax corresponding to CSG ( contribution sociale généralisée — general social security tax) is deductible from taxable income at a rate of 6.8%. All the Company’s shares are eligible for this tax treatment. The ex-dividend date is May 25, 2020, with dividends payable as of May 27, 2020.

8

In accordance with legal provisions, the shareholders hereby note that for the three fiscal years prior to fiscal year 2019, the following dividends were distributed:

Dividend per share (in euros)

Total (in euros)

Number of shares on which a dividend was paid

Fiscal year

2016

3,137,074,580

0.35

1,097,976,103.00

2017

3,137,360,238

0.37

1,160,823,288.06

2018

3,150,288,592

0.78

2,457,225,101.76

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2019