EURAZEO_REGISTRATION_DOCUMENT_2017

PRESENTATION OF THE GROUP

Eurazeo Patrimoine

C2S Acquisition of a healthcare industry leader - Eurazeo Patrimoine entered into exclusive discussions with the private equity firm Bridgepoint to acquire the C2S private clinic group. C2S group is the eighth largest private clinic operator in France and a regional leader in Auvergne Rhône-Alpes and Burgundy Franche-Comté. It operates 11 clinics, primarily specializing in general medicine, surgery and obstetrics. It also owns the buildings for 7 of its clinics. The group has nearly 1,800 employees and reported revenue of €158 million in 2016.

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2017 HIGHLIGHTS

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ANF Immobilier The result of a lengthy transformation - I n October, Eurazeo sold its investment in ANF Immobilier, realizing a disposal gain of €213 million, for an investment multiple of 2.3x and an IRR of 13%. This monetization is the crowning achievement of Eurazeo’s long-term commitment alongside ANF Immobilier, which consisted of restructuring the existing assets and developing the company based on tertiary real estate. The transaction involved two phases. Tertiary assets located in Lyons, Bordeaux and Toulouse were purchased

by Icade (CDC group). Real estate in Marseilles, mainly housing and commercial properties and a building in Lyons, were sold to Primonial REIM, a leading French real estate investment manager. “Our value creation strategy was rewarded. The market was favorable for the sale of these modern and well- enhanced assets. ANF Immobilier could be bolstered by consolidating players and seeking critical mass, while affiliating with leading companies. This option is also the best solution for ANF employees who wish to enhance their competencies. Our choice was influenced by this dimension of responsibility” stated Renaud Haberkorn, Managing Partner, Eurazeo Patrimoine p

“For 2-year old Eurazeo Patrimoine,

2017 was a year of realization. Faced with the economic context, our strategy consisted real assets whose growth we could support. We are beginning to reap the rewards of this transformation.” RENAUD HABERKORN in investing in high-potential

Managing Partner Eurazeo Patrimoine

Eurazeo

2017 Registration document

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