Eurazeo / 2018 Registration document

GROUP OVERVIEW Financial indicators

Assets under management and Net Asset Value As of December 31, 2018, assets under management break down and are defined as follows:

1

12 /31/2017 PF Idinvest &Rhône

12/31/2018 12/31/2018 PF

%value creation

1 st Eurazeo Capital IV closing

(in millions of euros)

NAV – OPENING BALANCE SHEET Eurazeo Capital

4,058

3,287 2,384

3,287 2,384

+ 3.0% + 10.8 % (9.6 %) + 5.8% + 20.9%

Eurazeo Capital Unlisted Eurazeo Capital Listed ***

2,505 1,553

903 379 481 380

903 379 481

Eurazeo PME

382 320 237

Eurazeo Patrimoine Eurazeo Croissance

380 + 35.6%

Including Eurazeo’s investments in funds managed by Idinvest

-

20 112

20 112

Eurazeo Brands

60

N.A

Eurazeo Development

704 675

874 799

874 + 38.4%

Investments in management companies

799

Investments in funds managed by management companies

29

74

74

+ 8.0 %

TOTAL

(15)

396 428 (37) (60)

396 428 (37) (60)

NET CASH & OTHER ITEMS Cash and cash equivalents Other securities and assets/liabilities Tax on unrealized capital gains

63

(93) (58)

Treasury shares

72

65

65

NAV – OPENING BALANCE SHEET

5,746

5,907

5,907

Number of shares* NAV per share (€)

77,256,640 76,261,650 76,261,650

74.4

77.5

77.5

TOTAL AUM FOR THIRD PARTIES Eurazeo Capital*

730 396

505 362

998 362

Eurazeo PME*

Eurazeo Patrimoine Idinvest* (100%)

45

63

63

6,924 2,683 2,091 1,684 1,389 9,484 466

7,945 2,904 2,428

7,945 2,904 2,428

Debt

Private Fund

Growth Venture

601

601

2,012 1,477

2,012 1,477

Rhône* (30%)

TOTAL AUM FOR THIRD PARTIES

10,353

10,845

TOTAL ASSETS UNDERMANAGEMENT 16,753 * Including uncalled commitments. Eurazeo’s commitments in the Idinvest funds are excluded from Idinvest’s total assets under management (classified in the corresponding divisions) for €69 million 15,230 16,260

**For 2017, the number of shares is adjusted for the 2018 bonus share grant. *** The value adopted is the 20-day average weighted price of the volumes

THE NAV COMPRISES: • Direct investments of Eurazeo Capital, Eurazeo PME, Eurazeo Patrimoine, Eurazeo Croissance and Eurazeo Brands. • Eurazeo Development: enhancement of Eurazeo’s third- party management and investments in Rhône, Idinvest and other platforms. • These assets are valued in accordance with the IPEV methodology. • Net cash and other items (treasury shares, tax on unrealized capital gains, other assets/liabilities).

THE VALUATION OF ASSETS MANAGED FOR THIRD PARTIES COMPRISES: • The fair value of investments managed for third parties by Eurazeo or companies that Eurazeo controls; • The uncalled capital of funds managed for third parties; • The share of assets under management managed by strategic partnerships in which Eurazeo holds a minority interest. Idinvest is therefore integrated for 100% of its assets in line with the company’s full consolidation. The Rhône assets are taken into account for 30%. The valuation methodology for these assets is identical to that used for the funds managed directly by Eurazeo.

Eurazeo

55

2018 Registration document