Eurazeo / 2018 Registration document

CONSOLIDATED FINANCIAL STATEMENTS Notes to the Consolidated Financial Statements

EQUITY AND EARNINGS PER SHARE NOTE 12

Equity 12.1 Equity attributable to owners of the Company is €5,082.0 million, or €68.50 per share, as of December 31, 2018. The Eurazeo share price was €61.80 per share as of December 31, 2018. Share capital 12.1.1 As of December 31, 2018, the share capital was €233,456 thousand, comprising 76,542,849 fully paid-up shares of two classes: 76,518,341 ordinary shares and 24,508 preference shares. Eurazeo holds 3,842,882 of its own shares as of December 31, 2018.

Dividends paid 12.1.2

2018

2017

(In euros)

Total dividend distribution DIVIDEND PER SHARE PAID IN CASH

89,793,770.00 78,707,124.00

1.25

1.20

The Shareholders' Meeting of April 25, 2018 approved the distribution of a dividend of €1.25 per share. The total distribution to shareholders was therefore €89,794 thousand. In addition, a bonus share issue of one free share for 20 shares held was performed.

Non-controlling interests 12.1.3 Non-controlling interests break down by division as follows:

12/31/2018

12/31/2017

(In thousands of euros)

Eurazeo Capital Eurazeo PME Eurazeo Brands

738,818 261,992 6,974 112,951 91,698

749,527 257,799

-

Eurazeo Patrimoine

97,635 93,095

Investment and asset management activities

NON-CONTROLLING INTERESTS

1,212,433

1,198,056

2018

2017

(In thousands of euros)

Eurazeo Capital Eurazeo PME Eurazeo Brands

(56,121) (19,628)

(7,646)

6,874

(102) 6,315

-

Eurazeo Patrimoine

10,712 35,714 45,654

Investment and asset management activities

29,465

NET INCOME (LOSS) ATTRIBUTABLE TO NON-CONTROLLING INTERESTS

(40,071)

the WorldStrides group is controlled by Eurazeo. It is a leader in • educational travel. Minority interests at Eurazeo group level are entitled to 30.66% of this group's net income;

The Group has identified three entities or sub-groups where non-controlling interests are the most material: the Planet group is controlled by Eurazeo. Its main business is • helping travelers claim back VAT on retail purchases (Tax Free Shopping). Minority interests at Eurazeo group level are entitled to 31.55% of this group's net income; the Seqens group is controlled by Eurazeo. It is a major player in • pharmaceutical synthesis and the specialty chemicals industry. Minority interests at Eurazeo group level are entitled to 53.03% of this group's net income;

Eurazeo

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2018 Registration Document