Eurazeo / 2019 Universal Registration Document

Activity during the year and outlook

Stockmarket data 2.1.5.3 A total shareholderreturn that greatly surpassesmarket performances over theperiod 2013-2019 In line with its long-termvision, Eurazeo coordinates its activity in order to create value and return for its shareholders in the long term. Between the beginning of 2013 and the end of 2019, the Eurazeo share clearly outperformed the market, with a Total Shareholder Return (TSR) of 178%, while the CAC 40 increased by 106% over the same period. The active share buyback and dividend distribution policy adopted by Eurazeo for its shareholders contributes to thisoutperformance. Eurazeo’s share price was penalized mid-October 2019 by a major placement by an institutional shareholder (4.5% of the share capital). Prior to this placement, Eurazeo’sshare price had increased 17%since the beginningof the year, in linewith the market.

EURAZEO SHARE VS CAC 40 (FROM 01/01/2013 TO 12/31/2019, BASE 100)*

350

300

02

250

200

150

100

50

0

01/01/2017

01/01/2015

01/01/2013

01/01/2018

01/01/2014

01/01/2019

01/01/2016

01/01/2020

Eurazeo

CAC 40

Source : Bloomberg

* share price adjustedfor bonus share grants.

/ EURAZEO

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2019 UNIVERSAL REGISTRATION DOCUMENT