NATIXIS - Universal registration document and financial report 2019

LEGAL AND GENERAL INFORMATION Glossary

Acronym/Term

Definition

Bond

A portion of a loan issued in the form of an exchangeable security. For a given issue, a bond grants the same debt claims on the issuer for the same nominal value, the issuer being a company, a public sector entity or a government.

Bookrunner

Main runner or lead manager in the issuance of new equity, debt or securities instruments

Borrowing base lending

A means of asset financing whereby the lender is routinely informed of the value of the borrower’s assets pledged as collateral.

Bp

Basis points

BRRD CAGR

Banking Recovery and Resolution Directive

Compound annual growth rate. Mean annual growth rate over a specified period

Capital adequacy ratio

Ratio of total capital (Tier 1 and 2) to risk-weighted assets (RWA).

CCAN

Natixis Shareholders’ Consultative Committee (Comité Consultatif des Actionnaires de Natixis).

CCF CDO

Credit Conversion Factor

Collateralized debt obligations, i.e. debt securities backed by a pool of assets which can be either bank loans (mortgages) or corporate bonds. Interest and principal payments may be subject to subordination (i.e. through the creation of tranches). Credit Derivatives Products Company, i.e. a business specializing in the sale of coverage against credit default through credit derivatives. Credit default swap, i.e. insurance against credit risk in the form of a bilateral financial contract whereby the protection buyer periodically pays a premium to the protection seller, who in turn promises to compensate for any losses on a reference asset (a bond issued by a government, financial institution or company) upon the occurrence of a credit event (bankruptcy, default, deferred payment or restructuring). The former French Credit Institutions and Investment Firms Committee (Comité des Établissements de Crédit et des Entreprises d’Investissement), which has since been incorporated into the Autorité de Contrôle Prudentiel et de Résolution (French Prudential Supervisory Authority).

CDPC

CDS

CECEl

CEO

Chief Executive Officer

CESU CET1 CFCC CFH CFO CGM

Chèque Emploi Service Universel (universal service employment voucher).

Common Equity Tier 1

Comité de coordination des fonctions de contrôles (Control Functions Coordination Committee)

Cash flow hedge

Chief Financial Officer

Combined General Shareholders’ Meeting

CHSCT

Comité d’Hygiène, de Sécurité et des Conditions de Travail (Committee for Hygiene, Safety and Working Conditions)

CIB CIC

Corporate & Investment Banking Cooperative investment certificates Chief Information Security Officer

CISO CLOs CMBS

Collateralized loan obligation, i.e. a credit derivative product backed by a homogeneous pool of corporate loans.

Commercial Mortgage-Backed Securities

CMS

Constant maturity swap, i.e. a swap that allows the buyer to exchange a short-term interest rate for a longer-term interest rate.

CNCE CNlL

Caisse Nationale des Caisses d’Epargne

Commission Nationale de l’Informatique et des Libertés (an independent administrative authority protecting privacy and personal data) The Natixis Code of Conduct (Ethical Principles) reflects Natixis’ DNA; it gathers in a single overarching document all Natixis rules and guidelines in four main fields: be client-centric, behave ethically individually and collectively, act responsibly towards society, protect Natixis and Groupe BPCE assets and reputation. The Code of Conduct applies to all Natixis employees, entities and affiliates over the world, across all business lines. It also applies to our suppliers and all our business partners in their dealings with Natixis. A transferable asset or guarantee pledged to secure reimbursement on a loan in the event that the borrower fails to meet its payment obligations. Measure of an insurance company’s profitability expressed in terms of the ratio of total costs (incurred losses + expenses) divided by total revenue,

Code of Conduct

Collateral

Combined ratio

9

COMEX

Executive Committee

Common Equity Tier 1 ratio Ratio of Common Equity Tier 1 (CET1) capital to risk-weighted assets. The CET1 ratio is a solvency indicator used in the Basel 3 prudential accords. Company-controlled stock A company’s ownership share of its own equity, held via its direct or indirect control of one or more other companies. Company-controlled stock does not bestow voting rights and is not included in the calculation of earnings per share. Cost of risk in basis points A measure calculated by dividing the net expense of commercial risk by loans outstanding at the beginning of the period.

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2019