Eurazeo / 2019 Universal Registration Document

Shareholders’ Meeting Draft resolutions proposed to the Shareholders' Meeting

Components ofcompensationand benefits paid or awardedin respect offiscal year 2019 toVirginie Morgon, Chairwoman ofthe ExecutiveBoard (13 th  resolution)

Compensation

Amount Comment

Fixed compensation

€1,070,000 The fixed compensation of Virginie Morgon in respect of fiscal year 2019 has remained unchanged since shebecame Chairwoman of the Executive Board on March 19, 2018.

Variable annual compensationfor2019

€1,098,183 Basicvariablecompensation is equal to 100%of fixed compensation if objectivesare attained, i.e. €1,070,000 for fiscal year 2019 for Virginie Morgon. Totalvariable compensation is capped at 150% of basic variable compensation if objectives are exceeded, i.e. €1,605,000. Quantitativeandqualitativecriteria: Duringits meeting ofMarch 7, 2019,the Supervisory Board, at the recommendation of the CAG Committee,set the followingquantitative andqualitativecriteria: Quantitative criteria: Criteria adopted: change in NAV in absolute terms (25%); • change in NAV in relative terms compared with the performance of the CAC 40(15%); • compliance ofEBITDA with budget (10%); • compliance ofFRE (Fee-Related Earnings) of the assetmanageractivitywith budget(10%). • Qualitativecriteria: common criteria: generating externalgrowth, maintaining the structure’sconsistency • and cohesion,creatingsuccessful conditions forfundraising, digital development, containing overheadsand improving CSR 2020 strategy indicators (25% ofthe target bonus); individual appraisalby the CAGCommittee (15% of the target bonus). • Basedon the criteria setby the Supervisory Board onMarch 7, 2019 andactual performance levels noted as ofDecember 31, 2019, variable compensationwas calculatedas follows: The qualitative criteria represent 40% of the basic bonusandcan represent up to 50% of the basic bonus at the decision of the CAGCommittee in the event of an exceptional contribution to issues not identifiedwhensetting the annualobjectives. based on quantitative criteria: 64.35% ofthe target bonus (77.91%in 2018), or€688,587 • (37.40%in respectof the change in NAV in absolute terms, 0% in respectof the change in NAV in relative terms, 6.95% in respect ofcomplianceof EBITDA withbudget,and20%in respectof FRE compliance); based on qualitative criteria: 38.28% of target variable compensation (39.38% in 2018), or • €409,596 (23.28% in respect of common and individual qualitative criteria and15% in respect of the individual appraisal). At therecommendationof the CAG Committee, the Supervisory Board meeting of March 11, 2020, decided togrant gross variable compensation of €1,098,183(comparedwith€1,186,849 in respect of fiscalyear 2018), representing 102.63% of targetvariablecompensation. The compensationpolicyis presented in Chapter 5, Section 5.8 of theUniversal Registration Document. 1,186,849 The Supervisory Board meeting of March 7, 2019,at the recommendation of the CAG Committee, noted the attainment levels ofquantitativeandqualitative criteria applicable to Executive Board members, ofrespectively 77.91% of target variable compensation (comparedwith 82.83% in 2017) for economic criteria and 39.38% oftarget variable compensation (comparedwith 43.7%in 2017) for all qualitative criteria for Virginie Morgon. Virginie Morgon'svariablecompensationwas thereforeset at 117.29%of target variable compensation, representing variablecompensationof €1,186,849(comparedwith€1,012,275 for fiscal year 2017). Compensation due or awarded in respect offiscal year 2018was presented to the Shareholders' Meeting of April 25, 2019 for vote through the 9 th  resolution.

08

Variable compensation paid during the fiscal year

Deferred variable compensation Multi-yearvariable compensation

N/A Virginie Morgon does not receive any deferred variablecompensation.

N/A Virginie Morgon does not receive any multi-year variable compensation.

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2019 UNIVERSAL REGISTRATION DOCUMENT