ALTAMIR_REGISTRATION_DOCUMENT_2017

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PRESENTATION OF THE COMPANY AND ITS ACTIVITIES

Presentation of the Company

1.2 PRESENTATION OF THE COMPANY

1.2.1. GENERAL PRESENTATION

INVESTMENT POLICY

Altamir invests exclusively with Apax Partners.

PROFILE

Since 2011 „ in the funds managed by Apax Partners SAS (formerly Apax Partners MidMarket SAS) (1) : „ €277m in Apax France VIII, „ between €226m and €306m committed to Apax France IX; „ in the funds managed by Apax Partners LLP: „ €60m in Apax VIII LP, „ €138m in Apax IX LP; „ occasionally through direct co-investment alongside the funds managed by Apax Partners SAS and Apax Partners LLP. Before 2011 „ directly alongside the funds managed by Apax Partners SA (now Amboise Partners SA) (2) . Altamir’s strategy is clear, differentiated and proven. It is inextricably linked to that of Apax Partners, which consists in: „ investing in growth companies , diversified in terms of size and geography: „ medium-sized European companies (enterprise values between €100m and €500m), „ larger companies (enterprise values of €500m to €3bn) in Europe, North America and emerging markets (China, India and Brazil); „ investing only in Apax’s four sectors of specialisation : TMT, Consumer, Healthcare, Services; „ carrying out LBO/growth capital investments; „ establishing positions as majority or lead shareholder; „ creating value, aiming for a multiple of two to three times the amount invested; „ investing responsibly, measuring the ESG (Environment, Social, Governance) performance of each investment. INVESTMENT STRATEGY

Altamir is a listed private equity company (Euronext Paris, Compartment B) with assets under management of close to €800m. TheCompanywas founded in 1995 to enable all investors to gain access via the stock market to private equity, one of the best-performing asset classes over the long term. Altamir invests exclusively in or alongside the funds managed by Apax Partners SAS and Apax Partners LLP, two leading private equity firms with 40 years of investing experience. As a majority or lead shareholder, the Apax funds carry out LBO and growth capital transactions and support corporate executives as they implement ambitious value-creation objectives. In this way, Altamir offers investors access to a portfolio of companies with high-growth potential, diversified by geography and by size across the four sectors in which Apax specialises: TMT (Technologies-Media-Telecom), Consumer, Healthcare and Services. The Company opted at inception for the status of “SCR” ( société de capital risque ) and has maintained this status ever since. As such, Altamir is exempt fromcorporation tax and the Company’s investors may benefit from tax exemptions, subject to specific holding-period and dividend-reinvestment conditions. Altamir is not an alternative investment fund (AIF) subject to the exemption for holding companies mentioned in par. 7 of V of Article L. 532-9 of the French Monetary and Financial Code. This does not presume, however, that the European or other competent authoritiesmight not in future take a contraryposition. To create value for shareholders over the long term, Altamir pursues the following objectives: „ increaseNet Asset Value per share (NAV) by outperforming the benchmark indices (LPX Europe, CAC Mid & Small); „ maintain a simple, attractive, and sustainable dividend policy; „ reach a critical size of €1bn in assets under management in order to: „ be a keypartner of ApaxPartners SASandApaxPartners LLP, „ increase the liquidity of Altamir shares, thus attracting a larger number of investors and reducing the discount. OBJECTIVES

CORPORATE GOVERNANCE

Altamir is a French partnership limited by shares ( société en commandite par actions , or SCA), which includes two categories of partners: limitedpartners (shareholders) and a general partner that is also the Management Company (see Section 2.1.1).

(1) Apax Partners MidMarket SAS was renamed Apax Partners SAS on 1 October 2017. (2) Apax Partners SA was renamed Amboise Partners SA on 1 January 2018.

18 REGISTRATION DOCUMENT

• ALTAMIR 2017

www.altamir.fr

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