Eurazeo / 2019 Universal Registration Document

Eurazeo Corporate Social Responsibility Statutory Auditors' reports

Statutory Auditors' reports 3.5

REPORT BYONE OF THE STATUTORY AUDITORS, APPOINTED 3.5.1 AS AN INDEPENDENT THIRDPARTY, ON THECONSOLIDATED NON-FINANCIAL PERFORMANCESTATEMENT INCLUDED IN THE GROUP MANAGEMENT REPORT Year endedDecember 31, 2019 This is a free translationinto English of the StatutoryAuditor’sreport issued in French and is providedsolely for the convenienceof English-speaking readers. This report should be read in conjunction with, and construed in accordance with, French law and professional auditing standards applicablein France. To the Shareholders, In our capacity as Statutory Auditor of Eurazeo (hereinafterthe “entity”), appointed as an independentthird party and certified by COFRAC under number 3-1060 rev.2 (whose scope is available at www.cofrac.fr), we hereby report to you on the consolidated non-financial performance statement for the year ended December 31, 2019(hereinafter the “Statement”), included in the Group management report pursuant to the legal and regulatoryprovisionsof Articles L. 225-102-1,R. 225-105and R. 225-105-1 of the FrenchCommercialCode ( Code de commerce ). The entity's responsibility Pursuant to legal and regulatory requirements,the Chair of the Executive Board is responsiblefor preparing the Statement, which must include a presentationof the business model, a description of the principal non-financialrisks, a presentationof the policies implemented in light of those risks and the outcome of said policies, including key performance indicators. The Statement has been prepared in accordance with the entity's procedures(hereinafterthe “Guidelines”),the main elements of which are presented in the Statement in Section 3.4 “Methodology”and available on requestfrom the entity's head office. Independenceand quality control Our independence is defined by the provisions of Article L. 822-11-3of the French Commercial Code and the French Code of Ethics ( Code de deontologie ) of our profession. In addition, we have implemented a system of quality control including documented policies and procedures regarding compliancewith the ethicalrequirements,French professionalstandards and applicablelegal and regulatoryrequirements. Responsibilityof the Statutory Auditor, appointed as an independentthird party On thebasis of our work, our responsibilityis to providea reasonedopinion expressinga limited assurance conclusionon: the consistencyof the Statementwith the provisionsof Article R. 225-105of the FrenchCommercialCode; • the fairness of the information provided in accordance with Article R. 225-105I, 3 and II of the French Commercial Code, i.e. , the outcome • of the policies, including key performance indicators, andthe measuresimplementedin lightof the principal risks (hereinafter the “Information”). However, it is not our responsibilityto comment on: the entity's compliancewith other applicable legal and regulatory provisions, in particular the French duty of vigilance law and anti-corruption • and tax evasion legislation; the consistencyof productsand services with the applicableregulations. • Nature and scopeof our work The work describedbelowwas performedin accordancewith the provisionsof Articles A. 225-1 et seq . of the FrenchCommercialCodedetermining the conditions in which the independent third party performs its engagement and with the professional standards applicable in France to such engagements, as well as with ISAE 3000– Assurance engagementsother than auditsor reviews of historical financial information. Our proceduresallowedus to assess the consistency of theStatementwith regulatoryprovisionsand thefairness of the Information: we obtained an understanding of all the consolidated entities' activities, the description of the labor and environmental risks associated • with their activities, and the impact of those risks on compliance with human rights and anti-corruption and tax evasion legislation, as well as the resulting policiesand their outcomes; we assessed the appropriatenessof the Guidelineswith respect to their relevance, completeness,reliability, objectivity and understandability, • with dueconsideration ofindustrybest practices,where appropriate; we verified that the Statement includes each category of labor and environmental information set out in Article L. 225-102-1 III,as well as • informationregarding compliance with human rights and anti-corruption and taxevasion legislation; we verified that theStatementincludes anexplanationfor the absence of theinformationrequiredunder Article L. 225-102-1III, 2; • we verified that the Statement presents the business model and the principal risks associated with all the consolidated entities' activities, • including where relevant and proportionate, the risks associated with their business relationships and products or services, as well as their policies,measuresand the outcomesthereof, includingkey performance indicators; we verified, where relevant with respect to the principal risks or the policies presented, that the Statement provides the information required • under Article R. 225-105 II;

EURAZEO / 2019 UNIVERSAL REGISTRATION DOCUMENT

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