EURAZEO_REGISTRATION_DOCUMENT_2017

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PRESENTATION OF THE GROUP

Solid results

Substantial increase in contribution earnings for all investment divisions

ECONOMIC REVENUE BY INVESTMENT DIVISION Figures in millions of euros

In 2017, Eurazeo posted robust economic revenue growth at constant Eurazeo scope of +16.4% to €4,951 million. Annual growth breaks down as follows: +18.3% revenue growth for fully-consolidated companies to €3,478 million and +12.1% for Eurazeo’s share of the revenue of equity-accounted companies at €1,472 million.

+ 16%

2016 at constant Eurazeo scope (M€) 2017 (M€) At constant Eurazeo scope

4,951

X%

Equity accounted associates

+ 18%

4,254

1,472

3,413

1,313

2,892

+ 16%

Fully consolidated companies

+ 4%*

3,478

2,941

+ 3%

1,024 1,191

+ 1%

Eurazeo Patrimoine 294 302

44 44

2016 At constant Eurazeo scope

2017

Eurazeo Capital

Eurazeo PME

Others

(*) Excluding ANF Immobilier

2017 EBITDA GROWTH OF UNLISTED COMPANIES

ECONOMIC EBITDA BY INVESTMENT DIVISION Figures in millions of euros

The economic EBITDA of Eurazeo’s investments totaled €727million, up 13.5% at constant Eurazeo scope.

% of NAV* (as of Dec. 31, 2017)

+14%

2016 at constant Eurazeo scope (M€) 2017 (M€) At constant Eurazeo scope X%

>2/3 of the NAV represents companies with double-digit EBITDA growth

727

+14%

40 %

2016 at constant Eurazeo scope (M€) 2017 (M€) At constant Eurazeo scope X%

640

727 Equity accounted associates

+14%

204

33 %

185

640

Equity accounted associates 414

473

+14%

204

+11%*

185

Fully consolidated companies

473 +16%

414

+7%

523

15 %

+11%*

455

12 %

Fully consolidated companies

130 151 Eurazeo Patrimoine +16% 96 103

130 151

+7%

523

455

96 103

2016 At constant Eurazeo scope

2017

Eurazeo Capital

Eurazeo PME

EBITDA growth in 2017 (%)

< 0% 0–10 % 10–20 % ≥ 20 %

2016 At constant Eurazeo scope

2017

Eurazeo Capital

Eurazeo PME

Eurazeo Patrimoine

(*) Excluding ANF Immobilier

* NAV of investments excluding listed securities and CPK, excluded due to the carve-out

(*) Excluding ANF Immobilier

2017 Registration document

Eurazeo

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