Eurazeo / 2019 Universal Registration Document

Shareholders’ Meeting Observations of the Supervisory Board on the Executive Board’s report

Observations of the Supervisory Board 8.5 on the Executive Board’s report

With respect to Article L. 225-68 of the French Commercial Code, the Supervisory Board has no comments on the Executive Board's report or the financial statements for the year ended December 31, 2019, and recommends that the Shareholders' Meeting adopts all the resolutions proposed bythe Executive Board.

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2019 UNIVERSAL REGISTRATION DOCUMENT