ALTAMIR_REGISTRATION_DOCUMENT_2017

1

PRESENTATION OF THE COMPANY AND ITS ACTIVITIES

1.1 SELECTED FINANCIAL INFORMATION

1.4 COMMENTS ON

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THE FINANCIAL YEAR

63

1.1.1 2017 key figures 1.1.2 Performance

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1.4.1 Overview and performance 1.4.2 The Company’s activities

63 63 65 65 65 65 65 68 68 69

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1.1.3 Portfolio 1.1.4 Activity

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1.4.3 Other significant events during the year

13 14 14 16

1.4.4 Post-closing events

1.1.5 Financial structure

1.4.5 Trends

1.1.6 Share price

1.4.6 Profit forecasts and estimates

1.1.7 Shareholder information

1.4.7 Financial information

1.4.8 Valuation policy and method 1.4.9 The Company’s financial resources

1.2 PRESENTATION OF THE COMPANY

1.4.10 Payment terms

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1.4.11 Statutory results and other company data over the last five years (Article R. 225-102 of the French Commercial Code)

1.2.1. General presentation 1.2.2 Organisation charts

18 21

70

1.4.12 Acquisition of equity interests and controlling interests

1.2.3 Portfolio

22 24

70

1.2.4 Portfolio composition by business sector

1.5 INTERNAL CONTROL

1.3 BUSINESS DESCRIPTION 1.3.1 The private equity business 1.3.2. Private equity management costs 1.3.3 Altamir’s investment policy 1.3.4 Altamir’s cash management and performance optimisation strategy 1.3.5 Altamir’s management costs 1.3.6 Altamir’s investment strategy 1.3.7 Apax Partners’ investment process 1.3.8 Altamir’s decision-making process

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PROCEDURES IMPLEMENTED BY THE COMPANY

45 46 48

71

General framework

71 71

Measures taken in 2017

General organisation of the Company’s internal control procedures regarding the preparation and processing of accounting and financial information

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52 53 55 56 57 58

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1.6 DESCRIPTION OF RISK FACTORS

1.3.9 The Altamir team 1.3.10 Apax Partners teams 1.3.11 Responsible investing

AND THEIR MANAGEMENT

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1.6.1 Introduction

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1.6.2 Description of risks and uncertainties and their management

74

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• ALTAMIR 2017

REGISTRATION DOCUMENT