Natixis Financial expertise to support clients Snapshot includes 2015 annual results
Our identity Natixis is the international corporate, investment, insurance and financial services arm of Groupe BPCE 3 core businesses to support clients and Groupe BPCE networks Investment Solutions & Insurance Corporate & Investment Banking Specialized Financial Services Groupe BPCE is the 2 nd -largest banking player in France (1) 2 independent and complementary retail banking networks (1) Market shares : 22.4% in customer savings deposits, and 20.7% in customer loans (Source : Banque de France Q3 2015) 2
Our priority is your development Our expertise to support your development strategy Asset Management, Private Banking, Insurance, Coverage & Advisory, Financing, Capital Markets, Global Transaction Banking, Factoring, Sureties and Guarantees, Consumer Loans, Leasing, Film Industry Financing, Employee Savings Schemes, Payments, Securities Services Groupe BPCE networks and their clients (retail, professional and SMB clients) Businesses Financial institutions Public sector 3
Natixis by your side +16,000 employees +35 countries AMERICAS BOGOTA, BOSTON, BUENOS AIRES, CHICAGO, CINCINNATI, FRENCH GUIANA, GUADELOUPE, HOUSTON, LIMA, LOS ANGELES, MARTINIQUE, MEXICO CITY, MONTEVIDEO, MONTREAL, NEW YORK, SAN FRANCISCO, SÃO PAULO, TORONTO. EMEA (Europe, Middle East, Africa) ALGIERS, ALMATY, AMSTERDAM, BEIRUT, BRUSSELS, BUCHAREST, DUBAI, DUSSELDORF, FRANKFURT, GENEVA, ISTANBUL, LONDON, LUXEMBOURG, MADRID, MILAN, MOSCOW, PARIS, PRAGUE, REUNION, STOCKHOLM, WARSAW. ASIA BEIJING, BANGKOK, HONG KONG, JAKARTA, KUALA LUMPUR, LABUAN, MUMBAI, NOUMEA, SEOUL, SHANGHAI, SINGAPORE, SYDNEY, TAIPEI, TAHITI, TOKYO. (1) Figures as at end of December 2015 (excluding financial investments) 4
Our performances Robust sales activity Core-business net revenues (1) 7.878bn +12% Gross operating income (1) Net income, group share (1) 2.653bn 1.344bn +13% +5% Solid financial structure Common Equity Tier 1 Ratio (Basel 3) (2) 11.2% +60bps Long-term ratings (at January 15, 2016) Standard & Poor s A (stable) Moody s A2 (stable) Fitch Ratings A (stable) Figures at December 31, 2015 (1) Pro forma figures and excluding exceptional items (2) Based on CRR-CRD4 rules reported on 26 June 2013, including the Danish compromise without phase-in except DTAs on tax loss carry forward 5
Natixis at the heart of Groupe BPCE 50% 50% Central body Commercial banking and Insurance: subsidiaries 71% Financial stakes Float 29% Organization chart as at December 31, 2015 6
Key figures (at 31/12/2015) 2 nd banking group in France (1) 2 commercial banking networks Corporate, investment, insurance and financial services arm supporting the Groupe BPCE networks Net revenues (2) : 23.8bn Net profit, group share (2) : 3.2bn Net revenues (3) : 8.565bn Net profit, group share (3) : 1.344bn 108,000 employees 8,000 agencies 35 million clients +16,000 employees +35 countries (1) Market shares : 22.4% in customer savings deposits, and 20.7% in customer loans (Source : Banque de France Q3 2015) (2) Excluding non-economic and exceptional items (3) Pro forma and excluding exceptional items 7
Winning strategy: top-ranking positions No.1 in impact management with 22.8% market share in France (1) No.1 account keeper for employee savings in 2015 with 28.9% market share in France (2) No.1 bookrunner in the primary euro covered bond market in 2015 (3) No.1 market player in real-estate leasing in France in 2015 (4) No.1 bookrunner for project finance in the EMEA region in 2015 (5) No.2 in home loan sureties for retail client mortgages in France (6) No.3 in M&A in France in number of completed deals in 2015 (7) No.3 in consumer credit in France by amount of managed outstandings (8) Sources: (1) Finansol Zoom sur la finance solidaire, 2015 edition based on solidarity-based assets at end-december 2014 - (2) Association française de la gestion financière (AFG) - 30 June 2015 (3) Dealogic - (4) Natixis Lease - (5) Thomson Reuters, Global Project Finance Review - (6) Compagnie Européenne de Garanties et Cautions - (7) Thomson Reuters Mergers & Acquisitions Review 2015 (8) Precepta (Xerfi) Q4 2015 8
Winning strategy: top-ranking positions No.17 world asset manager with $890bn in assets under management at December 31, 2014 (1) First banking platform dedicated to IFAs*, Awarded for the 2 nd consecutive year to Sélection 1818, subsidiary of Banque Privée 1818, by Gestion de Fortune (2) magazine Best credit research in 6 sectors in 2015 ABS, Agencies, Consumer & Retail, Covered bonds, Industrials, Utilities (3) Best Debt House in France (4) 2016 Label of Excellence awarded to Natixis Assurances by Dossiers de l Épargne magazine for the Assur-BP Habitat policy 94% of clients satisfied with the way their property and casualty insurance claim was settled by Natixis Assurances (5) * Independent Financial Advisers Sources: (1) Cerulli survey, July 2015, based on AuM at end-2014 - (2) 22nd edition of Palmarès des fournisseurs of Gestion de Fortune magazine - (3) Euromoney Fixed Income Research Survey 2015 (4) Euromoney 2015 Awards for Excellence (5) Institute Cohda survey, sample of 2 575 respondents between January and June, 2015 9
2014-2017: New Frontier strategic plan supports your ambitions Our goal: assist you with high value-added financial solutions on a lasting basis Develop our international activities to assist you >50% of net revenues generated internationally Continue unlocking growth synergies with Groupe BPCE networks 400m of additional revenue synergies 51% of employees based in international offices Strengthen our asset management expertise to deliver fresh solutions + 75bn of new net asset management inflows Acquire new expertise Create Groupe BPCE s insurance platform Arrange property/health insurance for 1 in every 3 retail clients in the Groupe BPCE networks Create and manage new life and health insurance policies for Caisse d Epargne banks from January 1, 2016 10
Our targets for 2014-2017 in figures Robust growth Solid financial structure Net revenues (1) > 8bn (generated by the three core businesses) CET1 ratio between 9.5 and 10.5% ROTE (2) between 11.5 and 13% Strategic round-up as at February 10, 2016 Development of advisory activities: majority stake in Peter J. Solomon Company acquisition of 360 Corporate which becomes Natixis Partners España acquisition of Leonardo France which becomes Natixis Partners Growth of the Investment Solutions division: acquisition of DNCA Creation of a single Insurance core business (1) Excluding Workout Portfolio Management and the fair-value adjustment on own senior debt (2) Return on tangible equity 11
Disclaimer This presentation may contain objectives and comments relating to the objectives and strategy of Natixis. Any such objectives inherently depend on assumptions, project considerations, objectives and expectations linked to future and uncertain events, transactions, products and services as well as suppositions regarding future performances and synergies. Figures in this presentation are unaudited. No assurance can be given that such objectives will be realized. They are subject to inherent risks and uncertainties, and are based on assumptions relating to Natixis, its subsidiaries and associates, and the business development thereof; trends in the sector; future acquisitions and investments; macroeconomic conditions and conditions in Natixis' principal local markets; competition and regulation. Occurrence of such events is not certain, and outcomes may prove different from current expectations, significantly affecting expected results. Actual results may differ significantly from those implied by such objectives. Information in this presentation relating to parties other than Natixis or taken from external sources has not been subject to independent verification, and Natixis makes no warranty as to the accuracy, fairness, precision or completeness of the information or opinions herein. Neither Natixis nor its representatives shall be liable for any errors or omissions, or for any prejudice resulting from the use of this presentation, its contents or any document or information referred to herein. 12