Altamir - 2018 Registration document

1

Business description and activities

Comments on the financial year

1.4.11 STATUTORY RESULTS AND OTHER COMPANY DATA OVER THE LAST FIVE YEARS (ARTICLE R. 225-102 OF THE FRENCH COMMERCIAL CODE)

YEAR ENDED

31/12/2014 31/12/2015 31/12/2016 31/12/2017

31/12/2018

SHARE CAPITAL AT YEAR-END Share capital

219,259,626 219,259,626 219,259,626 219,259,626 219,259,626

Number of ordinary shares

36,512,301

36,512,301

36,512,301

36,512,301

36,512,301

Number of non-voting Class B preferred shares

18,582

18,582

18,582

18,582

18,582

Maximum number of future Class B shares to be created: through bond conversion/redemption through exercise of Class B warrants

37,164

37,164

0

0

0

OPERATIONS AND INCOME Revenues (ex tax)

Earnings before taxes, profit sharing depreciation, amortisation & provisions Income tax Employee profit sharing Earnings after taxes, profit sharing, depreciation, amortisation & provisions EARNINGS PER SHARE Earnings before taxes, profit sharing depreciation, amortisation & provisions ordinary shares Distributed income

55,230,300 35,051,855 72,578,999 40,237,901

16,187,684

56,014,864 38,185,670 79,331,454 69,886,629 28,250,553 25,668,465 37,474,817 34,368,928

11,139,091

n.s. n.s.

n.s. n.s.

n.s. n.s.

n.s. n.s.

n.s. n.s.

Class B preferred shares

Earnings after taxes, profit sharing, depreciation, amortisation & provisions Ordinary shares

1.53

1.05

2.17

1.91

0.31

Class B preferred shares

Dividend distributed

0.5

0.56

0.65

0.65

EMPLOYEES Average number of employees Total payroll Sums paid as employee benefits (social security and other social projects)

n.s. (not significant): it is not meaningful to break down EPS into earnings on ordinary shares and earnings on Class B shares before taking taxes, depreciation, amortisation and provisions into account because the share of earnings attributable to Class B shares, pursuant to the Articles of Association, can only be established on the basis of net income, which is in turn adjusted.

1.4.12 ACQUISITION OF EQUITY INTERESTS AND CONTROLLING INTERESTS

The Company did not make any direct investments in 2018. For all other transactions, the Company now invests in the Apax France VIII and Apax France IX funds, through the dedicated private equity funds Apax France VIII-B and Apax France IX-B, and in the Apax Development fund, all managed by Apax Partners SAS; it also invests in the Apax VIII LP, Apax IX LP and Apax Digital funds advised by Apax Partners LLP.

70 Registration document ALTAMIR 2018

www.altamir.fr