EURAZEO_REGISTRATION_DOCUMENT_2017

COMPANY FINANCIAL STATEMENTS Notes to the Company financial statements

FINANCIAL ASSETS NOTE 2

Gross value

12/31/2016

Additions 1,213,026

Disposals (608,141) (495,683) (34,672) (100,398)

Other charges

12/31/2017

(In thousands of euros)

Investments

3,567,521 438,146

59,825 (61,292)

4,232,231

Receivables from investments

495,933

377,104

Portfolio securities (TIAP) Other securities holdings

34,672 231,188

-

- - - - - -

1

65,853 25,137 78,716 29,840

196,643

Loans

38

-

25,175 41,615

Treasury shares in the course of cancellation

11,270

(48,371) (27,712) (8,688)

Treasury shares

649

2,777 1,762

Other financial assets

10,448

2

TOTAL

4,293,932

1,908,506

(1,323,665)

(1,466)

4,877,307

Investments 1. The increase in “Investments” primarily concerns: the acquisition of Worldstrides (through LH WS) for €402,833 • thousand; the acquisition of Traders Interactive (through LH Open Road) for • €202,337 thousand; the acquisition of Iberchem (through LH Iberchem) for • €272,859 thousand; the acquisition of CPK shares (through LH CPK) for €204,635 • thousand; the acquisition of Doctolib (through Legendre Holding 58) for • €15,281 thousand; the acquisition of additional Younited shares for €8,624 thousand; • the acquisition of Nest (through Legendre Holding 57) for €34,356 • thousand; the subscription of the Europcar share capital increase for • €30,000 thousand; the subscription of the LH Novacap share capital increase for • €30,120 thousand; Carryco Patrimoine for €8,337 thousand. • “Other changes” mainly consist of the capitalization of advances in investments of €59,742 thousand (see breakdown below): Vestiaire Collective (through Legendre Holding 42) for €11,248 • thousand; Farfetch (through Legendre Holding 51) for €4,012 thousand; • IM Square (through Legendre Holding 36) for €21,349 thousand; • Reden Solar (through Legendre Holding 25) for €1,400 thousand; •

The decrease in “Investments” is due to the removal of shares from assets and share capital reduction transactions performed on the distribution of premiums in addition to dividends received after disposals: Elis for €13,438 thousand (full disposal); • LH 27 for €316,991 thousand (repayment of contributions following • the partial disposal of the stake in Elis); ECIP M for €28,757 thousand (repayment of contributions • following the partial disposal of Moncler shares); ANF for €49,377 thousand following the disposal of the Company; • Europcar for €125,297 thousand (partial disposal); • Reden Solar (through Legendre Holding 25) for €5,674 thousand • (partial disposal); the cost price of the following shares was reduced following the • syndication by Eurazeo of shares to the Eurazeo Capital II fund: LH 44 (Fintrax) for €13,458 thousand, • LH CPK for €54,849 thousand. •

5

Carryco Capital 1 for €17,683 thousand; • Carryco Croissance 2 for €4,050 thousand. •

291

Eurazeo

2017 Registration document