NATIXIS - Universal registration document and financial report 2019

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

Agreement providing for the distribution 10. of Natixis products and services to the regional banks acquired from HSBC by the Banque Populaire Group On December 18, 2008, the Supervisory Board approved an agreement providing for the distribution of Natixis products and services to the regional banks acquired from HSBC by the Banque Populaire Group, pursuant to which Natixis was to be the exclusive supplier to these banks for the businesses concerned by the agreement as from 2009. The agreement also stipulated that the conditions established between Natixis and the Banque Populaire Group should apply to these banks. This agreement was approved by the April 30, 2009 General Shareholders’ Meeting. The income recognized in respect of the activation of guarantees in the 2019 fiscal year amounted to €109,433.00. “Click’n Trade” service and partnership 11. agreement between IXIS CIB, CNCE and Banque Palatine On June 6, 2007, the Supervisory Board approved a service agreement between IXIS CIB, CNCE and Banque Palatine pertaining to CNCE’s transfer to Banque Palatine of the operating and technical management of the “Click’n Trade” website, with CNCE retaining ownership of the website, and remaining the forward and cash currency transactions counterparty for IXIS CIB. Term of the agreement: indefinite The income recognized by Natixis in respect of this agreement amounted to €142,500.00 for the fiscal year ended December 31, 2019.

Letters of joint and several commitment 12. and guarantee terminated or expired IXIS CIB (previously known as CDC Marchés and then as CDC IXIS Capital Markets) entered into a number of letters of joint and several commitment and guarantee between 1996 and 2004 with its various successive shareholders, namely the Caisse des Dépôts (CDC), CDC Finance-CDC IXIS (to which CNCE became the successor in interest following the merger dated December 31, 2004) and CNCE. Likewise, IXIS CIB entered into letters of joint and several commitment and guarantee with its US subsidiaries, namely Natixis Municipal Products Inc. (formerly CDC Municipal Products Inc.), Natixis Derivatives Inc. (formerly CDC Derivatives Inc.), Natixis Financial Products Inc. (formerly CDC Financial Products Inc.), Natixis Funding Corp. (formerly CDC IXIS Funding Corp.) and Natixis Commercial Paper Corp. (formerly CDC IXIS Commercial Paper Corp.). All of these letters of joint and several guarantee and commitment had expired or been terminated at the date of this report, but continue to apply retrospectively to all the guaranteed transactions entered into prior to the date on which the underlying joint and several guarantees were terminated or expired, until these transactions have been fully unwound. In the case of joint and several guarantees entered into with CDC Finance-CDC IXIS, the IXIS CIB creditors for transactions secured under these guarantees that were entered into before the expiry of the respective guarantees may, in accordance with the letter from the Chief Executive Officer of CDC dated October 12, 2004, enforce their rights directly against CDC until the maturity of the guaranteed transactions, as if this commitment had been taken out directly by CDC on behalf of the IXIS CIB creditors. The conditions governing the payment and calculation of the fees payable by IXIS CIB in respect of the guarantees were defined in an agreement with CDC Finance-CDC IXIS and CNCE. The expenses recognized by Natixis in respect of these agreements came to €427,968.00 for the fiscal year ended December 31, 2019.

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2019