Role and powers of the Chief Executive Officer

The Chief Executive Officer has the broadest powers to act under any circumstances on behalf of Natixis, within the limit of the corporate purpose and subject to powers expressly attributed by law and the bylaws to shareholders' meetings and the Board of Directors.

He is responsible for the management of Natixis.

Vis-à-vis third parties, any actions concerning Natixis shall be carried out by the Chief Executive Officer