TCFD REPORT 2021 TACKLING CLIMATE CHANGE 56 METRICS AND TARGETS USED BY NATIXIS TO MONITOR CLIMATE RISKS AND OPPORTUNITIES As part of the BPCE 2024 strategic plan, the GWF has enabled the setting of targets for all Natixis activities. The GWF has also identified targets for each business line, sector and geography  using two main indicators: first, the mix of GWF ratings and second, the bank balance sheet temperature trajectory. Through the ambitious targets set by Corporate & Investment Banking, which accounts for the majority of the carbon emissions financed by BPCE Group, the Company has committed to achieving carbon neutrality by 2050. Natixis has also pledged to join the Net Zero Banking Alliance initiative, which brings together 63 global banks convened by the United Nations Environment Programme Finance Initiative (UNEP FI) 17 . In an effort to support its clients' transition and accelerate the decarbonization of its bank balance sheet, Natixis is also committed to significantly increasing the financing of transition sectors, particularly renewable energy. Conversely, the Company has pledged to reduce the financing of carbon-intensive sectors - first, thermal coal, with a complete exit from the sector planned by 2040 - and oil and gas exploration and production activities. Corporate & Investment Banking targets CLIMATE IMPACT Distribution of GWF color rating mix (% of oustandings) Implied Temperature Rise (ITR) • 2,5°C in 2024 • 2,2°C in 2030 • 1,5°C in 2050 SUSTAINABLE FINANCE Renewable energy financing • Minimum 75 % of new power generation projects financed • €9bn new underwriting over 2021-2024 period TRANSITION RISK Financing of carbon- intensive sectors: thermal coal and oil & gas • Thermal coal: no more exposure by 2030/2040 • Upstream Oil & Gas: -15 % reduction Share of Oil & Gas exposure rated “brown” with GWF methodology (% of oustandings) 66 % 2050 carbon neutrality target and intermediate 2024 and 2030 targets 17. 63 banks in october 2021 – https://www.unepfi.org/net-zero-banking/ Financing of oil & gas exploration and production activities -15% over 4 years Financing of renewable energy +€9bn over 4 years 2024 TARGETS 27 % 41 % 52% 31% 21 % 38 % 27% 52% 21%