Altamir - 2018 Registration document

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Business description and activities

Presentation of the Company

APAX PARTNERS

APAX PARTNERS SAS

Apax Partners SAS is a major private equity company in continental Europe. Based in Paris and headed by Eddie Misrahi, the Company has a team of about 30 investment professionals organised by sector. Apax Partners SAS is the management company of the Apax France VIII fund raised in 2011 (€704m), Apax France IX raised in 2016 (€1.030bn) andApaxDevelopment, specialised in the small- caps sector in France, which has the objective of raising €225m. The funds managed and advised by Apax Partners SAS total around€4bn. They finance the long termgrowthofmedium-sized (enterprise values of €100m to €500m) and small cap (€50m to €100m) companies in continental Europe. For more information, please visit: www.apax.fr London-based Apax Partners LLP is one of the world’s foremost private equity firms. Apax Partners LLP invests inEurope (outside France), North America and the principal emerging economies (Brazil, China, India). It has a team of around 120 investment professionals, organised by sector and located in seven offices (London, NewYork, Munich, Tel Aviv, Mumbai, Shanghai andHong Kong). The funds managed and advised by Apax Partners LLP total more than €50bn. They finance the long-term growth of large companies with a value between €500m and €3bn. The most- recently raised funds are Apax VIII LP, raised in 2013 ($7.5bn), Apax IX LP, raised in 2016 ($9bn) and Apax Digital, raised in 2017 (a $1.1bn fund specialising in technology-intensive companies. For more information, please visit: www.apax.com APAX PARTNERS LLP

Private equity pioneer Apax Partners was founded in 1972 by Maurice Tchenio in France and Ronald Cohen in the UK; they subsequently partnered with Alan Patricof in the United States in 1976. The Group was composed of independent companies in each country, sharing the same strategy, corporate culture and methods, but owned by local partnersmanaging domestic funds. It continued to grow using this model in the main European countries. In the early 2000s, the various national entities, with the exception of France, were regrouped into a single management company, Apax Partners LLP, so as to raise large international funds and reorient their investment strategy towards transactions in excess of €1bn (large caps). The French entity opted to conserve itsmid- market positioning and remain independent. Apax Partners SAwas themanagement company for the French private equity funds, fromthe first fund created in 1983 (ApaxCR) through to the Apax France VII fund raised in 2006. It has been Altamir’s investment advisor since its creation in 1995. As part of the succession plan that led Maurice Tchenio, founder of Apax Partners SA, to transfer the leadership of the French fund management business to his partners at the end of 2010, a new management company was created: Apax Partners MidMarket SAS, headed by Eddie Misrahi. The two French management companies have changed names. Apax Partners MidMarket SAS became Apax Partners SAS on 1 October 2017, andApax Partners SAbecame Amboise Partners SA on 1 January 2018. Two legal entities Today, two distinct legal entities operate under theApax Partners banner, with no cross-shareholdingbetween them: Apax Partners SAS, the management company for French funds, and Apax Partners LLP, whichmanages international funds. Becauseof their common history, Apax Partners SAS andApax Partners LLP share a strategy based on financing growth and specialising by sector while positioning themselves on markets that complement each other in terms of geography and company size. In the rest of this document, wewill use the following terms: “Apax Partners France” to indicate the activities of the French funds managed successively by Apax Partners SA and Apax Partners SAS; “Apax Partners” or “Apax” to indicate the activities of the fundsmanagedbyApax Partners France andApax Partners LLP.

20 Registration document ALTAMIR 2018

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