Altamir - 2018 Registration document

Information about the Company and its capital

Share capital

The overall par value was €240,000. The total amount of fees for the liquidity contract, including transaction costs, was €45,000 excl. VAT. Shares held in treasury were not used in any way, nor reallocated during the financial year 2018. As of 31 December 2018, the liquidity account was composed of: n 40,000 shares; n €182,716 in cash and money-market funds.

For the financial year ended31 December 2018, these transactions resulted in a -€24,168.37 loss for Altamir, net of additions to and reversals of provisions. The number of shares held in treasury at 31 December 2018 was 40,000, or around 0.11% of the share capital. All of the shares were allocated tomaintaining a secondarymarket via the liquidity contract. Their value at the closing price on 31 December 2018 was €505,600. Their weighted average cost was €574,478.43.

For information, the results of the 2017 programme were as follows:

Amount (€) 5,505,356 5,485,858

Average price (€)

Volume 369,501 366,994

4

Purchases

14.90 14.95

Sales

4.1.5 DIVIDENDS

These transactions resulted in a gain for Altamir, net of additions to and reversals of provisions, of €63,119.45.

Dividends are paid at the times and places designated by the Management Company and no later than nine months from the balance sheet date, unless this deadline is extended by court order. In accordancewith legal provisions, dividends not claimedwithin five years of the date on which they were to be paid are forfeited and the amounts paid over to the State. A dividend of €0.4459 was paid on each ordinary share and of €384.1 on each Class B share in respect of 2013. A dividend of €0.50 was paid on each ordinary share and of €1,348.95 on each Class B share in respect of 2014. A dividend of €0.56 was paid on each ordinary share and of €813.58 on each Class B share in respect of 2015. A dividend of €0.65 was paid on each ordinary share and of €2,141.14 on each Class B share in respect of 2016. A dividend of €0.65 was paid on each ordinary share and of €1,657.20 on each Class B share in respect of 2017.

TAX TREATMENT OF SHARE BUYBACKS

For Altamir As SCRs are exempt from corporation tax on all capital gains, Altamir, an SCR, is not liable for tax on gains from buybacks of its own shares. For the seller of the shares The specific features of the various tax regimes are set out in Section 4.3.

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ALTAMIR 2018

Registration document