#1EURAZEO Investor Presentation March 2022#2A LEADING PLAYER IN THE ALTERNATIVE SPACE 2 €31bn Assets Under Management (AUM) as of December 31, 2021 Unique model €22bn from Limited Partners Strong balance sheet: c.€9bn NAV 3 asset classes Private Equity, Private Debt, Real Assets >20 years strong track record in private capital markets Diversified investment strategies Complementary strategies covering a broad spectrum of private markets 11 countries Local-to-local network across 3 continents Best-in-class on ESG Recognized by all major rating agencies Mid-market focus Investing in a fast-growing market across Europe and North America Listed on Paris Stock Exchange Access to superior PE return with a liquid stock Rising dividend EURAZEO INVESTOR PRESENTATION#3DIVERSIFIED MULTI-SPECIALIST IN PRIVATE MARKETS VENTURE & ACCELERATION 30%¹ Private Equity BUYOUT 31%¹ Digital & Smart City Mid-large buyout Growth Small-mid buyout Brands Healthcare & Biotech 1% of AUM, excluding cash and the Asset Management activity EURAZEO PRIVATE FUNDS PRIVATE DEBT REAL ASSETS 13%¹ 21%¹ 5%¹ Dedicated Funds and Mandates & Secondary Fund Direct Lending Asset-based Finance Real Estate Infrastructure 3 INVESTOR PRESENTATION#4STRUCTURAL POSITIVE GROWTH TRENDS Superior returns of PE vs listed market in Europe (as of end June 2021) Investment horizon 54% 29% 24% 21% 9% Expected 12% Private Markets AUM CAGR through 2025e3 ($ trillions) 17% 10% 10% 2.5 +9% CAGR 3.8 +15% 7.2 CAGR 12.5 +12% CAGR 4 H 11 1 year 3 years 5 years 10 years 2010 2015 2020 2025e PE Fund¹ (Horizon IRR) Stoxx Europe 600 Index² (annualized TSR) EURAZEO 1. Source: Preqin; 2. Source: Bloomberg; 3. Source: Cobalt data as of 3/31/2021, Thomson Reuters Eikon, Morgan Stanley Research INVESTOR PRESENTATION#5THE LINK BETWEEN COMPANIES LOOKING FOR PRIVATE CAPITAL AND INVESTORS SEEKING YIELD COMPANIES Capital INVESTORS GROWTH START-UPS FAMILY OWNED LISTED SMALLCAPS CONSOLIDATORS PE SPONSORED EURAZEO INSURANCE COMPANIES SOVEREIGN FUNDS PENSION FUNDS FAMILY OFFICES WEALTH MANAGEMENT EURAZEO Superior return INVESTOR PRESENTATION 5#6७ Listed on Top 5 ESG families Strengthening our commitments in 2021 OUR ESG LEADERSHIP CLIMATE reach carbon net neutrality by 2040 SBTi trajectory validated Since 2017 MSCI Since 2017 + Since 2017 1111 FTSE4Good Since 2014 STOXX ESG LEADERS INDICES Since 2016 EURONEXT POWERED BY V.E INDICES SBTi trajectory approved 83% of our funds classified as Article 8 or Article 9 according to SFDR1 "Low risk" rating by Sustainanalytics (Top 3% under "Asset management and Custody Services") ESG criteria included in compensation of Partners Committee Eurazeo's endowment fund included in ETHIBEL SUSTAINABILITY INDEX EXCELLENCE Europe 1. SFDR stands for Sustainable Finance Disclosure Regulation. % of Funds currently being raised or in the investment phase. Excluding Private Funds for which Eurazeo is awaiting further regulatory clarification. Please see the Disclaimer at the beginning of this Presentation for important information regarding ESG. INVESTOR PRESENTATION INCLUSION promote a more inclusive economy EURAZEO#7Agenda 1 OUR BUSINESS MODEL 2 M 4 OUR GROWING ASSET MANAGEMENT ACTIVITY CREATING VALUE IN OUR INVESTMENTS STRONG GROUP PERFORMANCE IN 2021 EURAZEO 5 OUTLOOK INVESTOR PRESENTATION#801. OUR BUSINESS MODEL EURAZEO INVESTOR PRESENTATION#9OUR MODEL OFFERS ENHANCED RETURNS TO OUR SHAREHOLDERS DYNAMIC AND RECURRING REVENUES FROM THIRD-PARTY CAPITAL 70% AUM €30.9bn¹ 30% Management fees EURAZEO Performance fees ENHANCED RETURNS EURAZEO 1 Assets Under Management as of December 31, 2021 STRENGH OF BALANCE SHEET CAPITAL Capital gains Seed and accelerate development INVESTOR PRESENTATION 9#10OPTIMIZED BALANCE SHEET ALLOCATION MODEL Real Estate (2014) Brands (2017) Infrastructure (Q1 2021) SEED Target 3rd party in 2022-23e Eurazeo Capital IV 28% ↑ SCALE & ACCELERATE Private 72% c.90% Funds Eurazeo Private 60% PME IV 40% c.90% Debt c.20% Eurazeo Growth III 75% 25% Venture/ Digital Balance sheet capital 3rd party capital 3rd party capital expected to be raised shortly c.95% 10 Seed new strategies Create track record to raise 3rd party capital - Accelerate Group development Benefit from value creation for the balance sheet Leveraging track record and team to attract 3rd party capital Recurring revenues from management fees and share of performance fees Limited investment for Eurazeo Accelerate growth of fee-oriented strategies Create value in the General Partner EURAZEO INVESTOR PRESENTATION#11A ROBUST FINANCIAL STRUCTURE AT OUR CORE EURAZEO NET CASH position¹ REVOLVING credit facility DRY powder €550 m €1.5 bn €4.7 bn 1 Net cash position proforma as of December 31, 2021 11 INVESTOR PRESENTATION#12OUR GROWING ASSET 02. MANAGEMENT ACTIVITY EURAZEO INVESTOR PRESENTATION#13FAST GROWING ASSETS UNDER MANAGEMENT EURAZEO Assets Under Management (in €bn) +16% 21.8 18.8 +16% 16.3 2018 2019 2020 30.9 +42% TARGET 5-7 YEARS: €60bn 2021 13 INVESTOR PRESENTATION#14STRONGER FUNDRAISING INFLOWS INCREASED COMMERCIAL STRENGTH AND ENRICHED PRODUCT LINES EURAZEO AMOUNT RAISED FROM LIMITED PARTNERS (in €bn) 2.9 2.4 1.6 2018 +80% 5.2 2019 2020 2021 Private Equity Private Debt Real Assets 14 INVESTOR PRESENTATION#15SCALING-UP OUR FUNDS GROWTH €1.0bn 3.7x €1.6bn SECONDARIES €0.6bn 1.6x €1.0bn Growth II Growth III Secondaries III Secondaries IV PRIVATE DEBT €0.7bn 2.8x €2.0bn SMALL-MID BUYOUT €0.7bn 2.4x >€1.0bn Private Debt IV Private Debt V SMB III SMB IV Balance sheet commitments 3rd party capital commitments EURAZEO How do we scale-up? Strong and consistent investment performance and track-record Building on recognized expertise Internationalization of our teams in Asia, Europe and the United States Deal flow growth 15 INVESTOR PRESENTATION#16AN INCREASINGLY INTERNATIONAL INVESTOR BASE TOTAL AUM AS OF END 20201 (stock) 2% FUNDRAISING IN 20211 (inflows) 6% 12% Asia, Middle East & ROW 23% 15% 15% North America 66% 77% Europe 39% (excl. France) 34% France Total AUM as of end 2020 (stock) Fundraising in 2021 (inflows) EURAZEO 1. Excluding Rhône and MCH 16 INVESTOR PRESENTATION#17EXTENDING OUR LEADERSHIP IN THE PROMISING WEALTH MANAGEMENT SEGMENT Long-standing LEADERSHIP Accelerated GROWTH FUNDRAISING TOTAL AUM €550m 20 years in the market A dedicated team 2x €2.5bn Giving individual investors access to the same funds as €290m institutional investors through tailored products EURAZEO 17 2020 2021 INVESTOR PRESENTATION#18CREATING VALUE IN 03. OUR INVESTMENTS EURAZEO INVESTOR PRESENTATION#19DETECTING: FOCUS ON MOST PROMISING OPPORTUNITIES THANKS TO LARGE DEALFLOW Strong increase in number of Investment opportunities 19 ~1,300 x 2.5 2018 Deal flow perimeter: Mid-large buyout, Small-mid buyout, Brands, Growth, Real Estate EURAZEO x 1.4 -3,000 2021 International France INVESTOR PRESENTATION#20DEPLOYING CAPITAL IN ATTRACTIVE SECTORS Private Equity¹: €4.6bn Private Debt¹: €1.7bn Real Assets¹: €0.2bn 20 20 Healthcare Consumer Financial services & Fintech GROUPE NOVAIR AROMA ZONE Premium. (Build-ups) P PayFit ppro netgo Information. Technology YIELDKIT Information Technology io BIOTECH 0 ultra premium direct swile 'planet Tech-enabled CRANIAL BEEKMAN ECHNOLOGIES 1802 SCALED AGILE IT & Comm. Services Cyber security t 告 0 * JAANUU Pangaea kaia health Healthcare EURAZEO 1. Selected examples * Investments in 2022 YLDA Adista Communication Services S.p.A. Consumer Staples I-TRACING MessageBird >> Cubyn Delivery service Digital ccmm. platform neo4j Information Technology smart Information Technology 米 Light Industrial Real Estate IKAROS * SOLAR ARCHITECTS IN ENERGY Photovoltaic Mixed-use commercial * properties Strategic investment Kurma Biotech GP INVESTOR PRESENTATION#21DEVELOPING : ACTIVELY TRANSFORMING OUR PORTFOLIO COMPANIES International development 21 21 Strategic review Develop build-ups and create an eco-system platforms Top line increase and business development Operational leverage ESG road map Eurazeo support in key functions: build-up, digital, international development, financing, HR... Establish strategic partnership Cross border M&A 中国投资有限责任公司 CHINA INVESTMENT CORPORATION UTAC UTAC CERAM + PSP Investments Questel + novum MORNINGSIDE MILLBROOK protel Developing in new geographies in China DORC UTAC UTAC CERAM 'planet HOIST GROUP hospitality innovations. + in Brazil EFESO 2R CONSULTING 2 FCE GROUP EURAZEO INVESTOR PRESENTATION#22CREATING VALUE: ESG IS KEY IN ALL PHASES OF THE INVESTMENT PROCESS 22 22 1 Dealflow 2. Due diligence 3 Exclusion list¹ Fossil energy generation and associated services Nuclear energy Chemical pesticides Palm oil Fisheries Animal testing Fur Weapons Narcotics Tobacco Alcoholic beverages GMOs Gambling Pornography 1. Exhaustive list detailed in Eurazeo's Exclusion Policy, available on Eurazeo's website. ESG assessment on risks and opportunities at all investment committees - Including assessments on climate risk exposure (physical and transition) and alignment with EU taxonomy Investment period (portfolio companies level) - Financing and legal ESG clauses - Progress with implementation of "O+ Essentials" Measure by ESG audit Report ESG indicators on an annual basis 4 Exit - Provide ESG data for buyers to assess investment opportunities EURAZEO INVESTOR PRESENTATION#23OPTIMIZED EXITS: STRONG AND CONSISTENT TRACK RECORD - Stable average long term performance: c.2x CoC over the last 20 years Consistent returns: c.60% exits between 1.5x-3.0x CoC - 23 10.0x Cash on cash multiple (x) 7.0x 4.0x Terreal Mors Smitt' Moncler² Moncler² 10.0 Moncler² Moncler² 6.7 Asmodee 4.6 4.1 4.0 INVESTMENT SIZE: Reden Solar Farfetch 4.3 >€150m 4.1 Orolia 3.5x C2S 3.5 3.5 3.4 Flexitallic Group¹ Vignal Lighting' Trader2 In'Tech 3.6 3.2 3.0x Fraikin ANF Immo.2 2.9 3.0 Foncia Rexel³ Colisée¹ Elis² 2.8 2.8 Adjust 2.8 2.5x 2.4 2.4 IMV Tech.' ANF Immobilier² 2.3 2.2 Accor² Cap Vert Finance¹ 2.5 2.4 People Doc 2.3 2.3 2.4 Smile1-2 Elis² 2.3 iM Iberchem Planet 2.5 €100-150m Global 2.5 2.1 Moncler² 2.0x 2.0 2.0 2.0 2.0 2.2 CIFA Seqens4 2.1 2.1 2.0 Eutelsat B&B 1.8 1.9 1.5x Edenred Gault & Frémont¹ 1.7 1.7 Odealim¹ 1.4 1.9 Neovia 1.9 Grandir 1.8 €50-100m 1.5 Accor² 1.0x 1.2 Elis² Intercos Europcar² Europcar² 0.5x Station Casinos 0.7 APCOA Elis² Desigual 0.5 Léon de Bruxelles Europcar² <€50m Sirti 0.1 0.0x 0.2 3SP 0.0 0.0 0.0 2005 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 EURAZEO 1 At Eurazeo PME level. 2 Partial sales. 3 On average over the entire investment. 4 Potential earnouts could result in a multiple of 2.0x INVESTOR PRESENTATION#24STRONG GROUP 04. PERFORMANCE IN 2021 EURAZEO INVESTOR PRESENTATION#25NET ASSET VALUE PER SHARE = €117.8 €34.7 NAV/share1 +14.0% p.a. incl. dividends +40% €85.4 incl. div 25 25 €117.8 Dec. 2011 Dec. 2012 Dec. 2013 Dec. 2014 Dec. 2015 Dec. 2016 Dec. 2017 Dec. 2018 Dec. 2019 Dec. 2020 Dec. 2021 EURAZEO 1. NAV per share is adjusted for bonus share allocation INVESTOR PRESENTATION#26CONSISTENT VALUE CREATION ACROSS OUR PORTFOLIO GROSS VALUE CREATION IN FY 2021 (%) +47% 1 +45% +33% +70% 2 +31% +44% Total portfolio Mid-large buyout Small-mid buyout Growth Brands Real Assets 3,056 760 1,606 718 1,244 Portfolio NAV (m€) 7,518 as of Dec. 31, 2021 EURAZEO 1. +42% at constant forex 2. +24% at constant forex INVESTOR PRESENTATION#27PRUDENT PORTFOLIO VALUATION TRACK-RECORD of value creation EFFECTIVE value upside at exit CASH-ON-CASH MULTIPLE 2021 Orolia ཊྛོ ཎྜཛྱཱ ཉོ སྠཽ ཀླི ཆུ ཚྭ ཎྜ སྠཽ ཎྜ Terreal Mors Smitt 3.5x5 Fraikin ANF Moncler² Moncler² 10.0 Moncler Moncler2 Asmodee 6.7 4.6 4.1 4.0 Trader Interactive Flexitallic Group Vignal Lighting' 2.8 2.5 3.6 In'Tech Medical 3.0 Adjust 2.5 Foncia Immo.2 2.9 Rexel Colisée Elis² ANF 2.8 IMV Smile Immobilier2 2.1 2.4 2.4 2.3 2.1 Moncler² 2.0 Tech. Accor2 Cap Vert 2.0 2.5 2.4 Finance 2.3 2.3 24 PeopleDoc Planet Elis2 2.0 Eutelsat B&B Gault& 1.7 1.7 Edenred Frémont 1.9 2.0 Odealim iM Global 1.8 14 Accor 1.9 1.9 Neovis Partner Grandir Segens 1.2 Elis2 Intercos Europcar2 Europcar 0.5xStation Casinos 0.2 Sirti 2005 APCOA Elis Desigual 0.5 Léon q Bruxel 3SP 0.0 0.0 2013 2014 2015 2017 2018 2019 2020 2002 c.2x weighted average EURAZEO 1. As of December 31, 2021 2020 2.4x weighted average >> Reden Solar 4.3 2021 A cautious valuation of the more volatile assets >> Diversified high-quality portfolio across attractive sectors Very limited exposure to Russia and Ukraine >> Several exits already signed 27 27 INVESTOR PRESENTATION#28ASSET MANAGEMENT VALUATION RECURRING & PREDICTABLE management fees in €m 1,954 STRONG GROWTH, among best-in-class INCREASING diversification 241 iM Global Partner 1,440 Consolidated 1,713 GP 28 Bottom-end of valuation range based on peer group Eurazeo GP valuation = 20x FRE of 2021 (LTM) + 6x PRE of 2021 (LTM) Current average peers valuation¹ (as of 4 March 2022) = 19x FRE expected in 2023 + 11x PRE expected in 2023 + 2 years compounded growth Peers reverse SOTP on 2023e figures¹ + 典 avg. FRE 15x 15x 19x 17x 22x 14x 30x 13x 23x 15x 19x PRE 11x 9x 12x 10x 15x 8x 18x 9x 14x 9x 11x FY 2020 FY 2021 EURAZEO 1. Source: FRE and PRE expectations from analyst BNP Paribas Exane as of 18/01/2022, updated as of 04/03/2022 Bloomberg, Eurazeo estimates INVESTOR PRESENTATION#29RECORD HIGH NET RESULT (IFRS STANDARD) In €m FY 2019 PF FY 2020 PF FY 2021 A. Contribution of the Asset Management Activity 124.5 121.5 250.2 B. Contribution of the Investment Activity 100.7 196.7 1,858.4 C. Contribution of portfolio companies net of finance costs excluding Travel & Leisure 172.0 -42.3 185,8 137.0 58.6 273,4 Amortization of contracts and other assets relating to goodwill allocation -183.1 -173.0 -174.7 Income tax expense -5.5 -11.9 -106.7 Non-recurring items Consolidated net income/(loss) Attributable to owners of the Company Attributable to non-controlling interests EURAZEO 1. Total Group share impact including impairments, share of results and others -89.4 -170,4 -121.8 119.2 -79.4 1,891.2 102.9 35.8 1,576.4 16.3 -115.2 314.8 29 29 INVESTOR PRESENTATION#30ASSET MANAGEMENT: FAST REVENUE EXPANSION MANAGEMENT FEES (in €m) +27% 243 216 +13% 186 +16% 2018 PF EURAZEO 309 2019 PF 2020 PF 2021 GROWTH in 3rd party fees (+38%) 30 50 Fundraising inflows in 2020. and 2021: €5.2bn raised in 2021 >> AUM growth: +42% at €31bn >> Stable blended fee rate INVESTOR PRESENTATION#31ASSET MANAGEMENT: STRONG FRE GROWTH FEE RELATED EARNINGS (FRE, before finance costs & others, €m) 72 +30% 93 60 47 29.5% 27.7% 26.0% 31 30.2% FY 2021 development Margin expansion despite significant investment for development Medium-term uplift in FRE margin confirmed (35-40%) >> Potentially temporarily impacted by exceptional development costs 2018 PF 2019 PF 2020 PF 2021 EURAZEO INVESTOR PRESENTATION#32CREATING SIGNIFICANT VALUE THROUGH EXITS GROSS CASH-ON-CASH MULTIPLE (COC) upon announcement dates 2021 Reden Solar 4.5x Farfetch 4.3 Orolia 4.0x 4.1 3.6 3.5x In'Tech Medical C2S Trader Interactive 3.0x 3.0 3.2 2.4x Adjust average¹ 2.8 2.5x 2.5 2.5 2.1 2.1 2.0x Planet 2.0 Iberchem iM Global 1.8 1.5x Partner Grandir Seqens 1.0x 0.5x 0.0x EURAZEO 1. on announced and realized exits, balance sheet level Benefiting from favourable market conditions 32 32 >> Total exits amount to €5.1bn ow €2.7bn on balance sheet >> 8€ / share additional value crystallized in NAV INVESTOR PRESENTATION#33STRONG GROWTH OF PORTFOLIO COMPANIES Contribution of consolidated portfolio companies¹ (Growth companies not included) TOTAL EXCL. TRAVEL & LEISURE (€m) 172 +8% 185 +100% 137 59 -42 FY 2019 PF FY 2020 PF FY 2021 EURAZEO 1. 273 FY 2019 PF FY 2020 PF FY 2021 Adjusted EBIT net of finance costs for fully-consolidated companies + Net income for equity-accounted companies Growth companies (not consolidated) AVERAGE REVENUE GROWTH +52% for FY 21 33 INVESTOR PRESENTATION#34INCREASED DIVIDEND SUPPORTED BY RECORD RESULTS AND GROWTH IN RECURRING REVENUES In € ...... 2003 T 2004 2005 2006 2007 T +7.3% CAGR¹ 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Ordinary dividends EURAZEO 1. Dividends adjusted for bonus share Special dividends | 3€ +16.7% 1.25 1.75 34 34 2021 | Proposed INVESTOR PRESENTATION#3505. OUTLOOK EURAZEO INVESTOR PRESENTATION#36CONCLUSION EURAZEO Very solid foundations ESG, diversification, key sectors, internationalization, balance sheet Strong AUM growth trajectory and medium-term upside on FRE margin Conservative NAV on portfolio and Asset Management Monitoring closely impact of international situation on portfolio and fundraising 36 INVESTOR PRESENTATION#37UPGRADING OUR GROWTH OUTLOOK AUM growth New outlook Reaching €60bn by 2026-28e FRE margin 35-40% medium term Continued investment in people in 2022 IMPACT funds Exits EURAZEO Increasing AUM under SFDR article 8 and 9 2022e: in line with historical average 2023e: strong asset rotation expected 37 INVESTOR PRESENTATION#38EURAZEO APPENDICES INVESTOR PRESENTATION#39ASSETS UNDER MANAGEMENT In €m 31/12/2020 31/12/2021 Change (%) VS. NAV 3rd party AUM Total AUM NAV 3rd party AUM Total AUM 31/12/2020 Private Equity, Eurazeo 4,536 8,465 13,001 6,192 12,677 18,869 45% Mid-large buyout 2,523 1,226 3,749 3,056 1,818 4,874 30% Small-mid buyout 570 470 1,040 760 1,110 1,870 80% Growth 1,000 845 1,845 1,606 2,596 4,203 126% Brands Healthcare Venture Private Funds 425 425 718 718 69% 415 415 413 413 n.s. 18 2,472 2,490 47 3,086 3,133 26% 3,038 3,038 5 3,654 3,659 20% Private Debt 21 4,308 4,329 83 5,886 5,968 38% Real Assets, Eurazeo 1,020 51 1,071 1,244 221 1,464 37% Rhône (30%) 1,839 1,839 2,097 2,097 14% MCH Private Equity (25%) 220 220 280 280 27% Kurma (100%) 132 132 383 383 190% Total Portfolio 5,577 15,015 20,592 7,518 21,543 29,061 41% Asset Management¹ 1,440 1,440 1,954 1,954 36% Net cash and other items² -271 -271 -143 -143 n.s. Total 6,746 15,015 21,760 9,329 21,543 30,872 42% EURAZEO 1. 2. Equity value for Eurazeo Group, Rhône, MCH, IMG and Eurazeo's GP fund management activities. Including Eurazeo's commitment as LP outside the Group 39 INVESTOR PRESENTATION#40CONTRIBUTION OF THE ASSET MANAGEMENT ACTIVITY 40 40 In €m Management fees From 3rd party limited partners FY 2020 PF FY 2021 % 242.5 308.6 +27% 162.6 223.8 +38% From calculated Eurazeo Investment Activity 80.0 84.7 +6% Operating expenses¹ 171.0 215.4 +26% Fee Related Earnings (FRE), before finance costs & others 71.5 93.2 +30% Performance fees, realized (PRE) 50.3 161.9 +222% From investment partners 2.5 29.6 X 12 From calculated Eurazeo Investment Activity Finance costs and other income 47.8 132.2 x 2.8 -0.4 -4.8 Contribution of the Asset Management Activity ow minority share (mainly iM Global Partner) 121.5 250.2 +106% 3.3 8.7 EURAZEO 1. Including 100% of Eurazeo's operating costs (less Eurazeo Group Strategic and general management costs), iM Global Partner and pro rata of Rhône, MCH Private Equity INVESTOR PRESENTATION#41INVESTMENT ACTIVITY: RECORD HIGH LEVEL OF CAPITAL GAINS AS A RESULT OF EXITS In €m FY 2019 PF FY 2020 PF FY 2021 Net capital gains or loss & other revenue¹ 411 586 2,024 » Impairments Others² -195 -256 -18 -115 -133 -148 Contribution of the Investment Activity 101 197 1,858 EURAZEO 1. incl. change in fair value of Growth portfolio companies passed through the P&L 2. incl. calculated fees paid to the Asset Management activity, investment-related costs and strategic steering costs 41 =1 Net of capital gains from exits Change in fair value of Growth companies Incl. cost of managing the balance » sheet (calculated management) INVESTOR PRESENTATION#42PEOPLE ARE OUR KEY ASSET BUILDING OUR TEAMS FOR SUSTAINED VALUE CREATION 347 2021 hirings: 284 273 42% 51% FTE 234 in investment teams (#) 22% 33% 17% 16% 16% 2018 2019 EURAZEO FTE growth 4% 2020 2021 AUM growth EXPANDING AND STRENGTHENING our international expertise in 2021 United Kingdom Building multiple expertises (Buyout, Growth, Real Estate, Venture) and a fundraising team Continental Europe Expanding investment expertise in Europe: Buyout (Milan), Growth (Berlin) 42 22 27% in client service teams outside France 50% women North America Reinforcing our fundraising team to address this very deep LP market Senior investment professional in Large Buyout Asia Accessing key limited partners in Asia through local offices Strengthening our Singapore and Seoul offices INVESTOR PRESENTATION#43STRONG FUNDRAISING PIPELINE IN 2022 Institutional Limited partners WE A T H PRIVATE Digital Equity IV Smart City II Capital Growth L V IV PRIVATE Debt REAL Assets Private Debt VI ESIA ESMI EURAZEO 2022 MAIN EXPECTED FUNDS Transition Infrastructure Real Estate 3 43 MGMT INVESTOR PRESENTATION#44A LONG-TERM SHAREHOLDER BASE & A STRONG CORPORATE GOVERNANCE 3% 2% Treasury shares Rhône Partners 2% Managers & employees CORPORATE governance 4% Richardson family 16% Michel David-Weill Concert Shareholding structure As of December 31, 2021 18% JCDecaux Holding SAS 55% Free float¹ EURAZEO 1. Including individual shareholders (c.12%) 2. Existing honorary chairman, 2 representing employees and 2 non-voting members Separation of the roles of Chairman and CEO Independence of the Supervisory Board: 7 independent members out of 132 Audit Committee, Finance Committee, Compensation and Appointments Committee, ESG Committee, Digital Committee Existence of shareholder agreements between main shareholders and Eurazeo 44 INVESTOR PRESENTATION#45SUPERVISORY BOARD STRONG CORPORATE GOVERNANCE Michel David-Weill³ Chairman of the Supervisory Board, Chairman of the Finance Committee Current term of office expires: 2022 Jean-Charles Decaux³ Vice-Chairman of the Supervisory Board Joint CEO of JCDecaux Holding Current term of office expires: 2024 Olivier Merveilleux du Vignaux²-3 Vice-Chairman of the Supervisory Board Manager of MVM Search Belgium Current term of office expires: 2022 Roland du Luart2-4 Chairman of the Compensation and Appointment Committee Company Director Current term of office expires: 2024 Anne Lalou*3-4-5 Chairwoman of the CSR Committee Director of La Web School Factory Current term of office expires: 2022 45 Victoire de Margerie*3 Principal shareholder and Chairwoman of Rondol Industrie Current term of office expires: 2024 Françoise Mercadal- Delasalles*1-2-3 Deputy Managing Director of Crédit du Nord Current term of office expires: 2023 Amélie Oudéa-Castera* Chairwoman and Co-founder of the Rénovons le Sport Français association Current term of office expires: 2022 Stéphane Pallez*1-4 Chairwoman and Chief Executive Officer of La Française des Jeux (FDJ) Current term of office expires: 2021 Georges Pauget*1-2-5 Managing Partner of Almitage.Lda Current term of office expires: 2024 JCDecaux Holding represented b Emmanuel Russel 1-2-4 Deputy Managing Director of JCDecaux Holding SAS Current term of office expires: 2022 Patrick Sayer Previous CEO of Eurazeo Companies Director Investor Current term of office expires: 2022 Christophe Aubut² Employee representative Current term of office expires: 2023 Vivianne Akriche Employee representative Current term of office expires: 2023 HONORARY CHAIRMAN Bruno Roger³ Chairman of Global Investment Banking of Lazard Group NON-VOTING MEMBER Jean-Pierre Richardson' Chairman and Chief Executive Officer of Joliette Matériel SA Current term of office expires: 2022 NON-VOTING MEMBER Robert Agostinelli³ Co-founder & Managing Director of Rhône Group Current term of office expires: 2022 *Independent member EURAZEO 1 Member of the Audit Committee. 2 Member and permanent guest of the Compensation and Appointment Committee. 3 Member and permanent guest of the Finance Committee. 4 Member of the CSR Committee. 5 To be replaced by two new members (Serge Schoen, Mathilde Lemoine) at AGM in April INVESTOR PRESENTATION#46PEOPLE ARE OUR CORE ASSET EXECUTIVE BOARD PARTNERS COMMITTEE: 20+ YEARS IN THE INDUSTRY Virginie Morgon Chief Executive Officer Philippe Audouin Directeur Général Finances Group CFO Nicolas Huet General Secretary Olivier Millet Chairman of EMC1's Executive Board 46 46 Christophe Bavière Senior Managing Partner - Head Investment Partners Marc Frappier Managing Partner - Head Mid-large buyout William Kadouch-Chassaing will replace M. Audouin end April 2022, as he retires Matthieu Baret Managing Partner - Yann du Rusquec Managing Partner - Senior Managing Partner Venture Growth Benoist Grossman CEO of EIM² - Venture & Growth Renaud Haberkorn Managing Partner - EURAZEO Caroline Hadrbolec Managing Partner - Chief Human Resources Officer François Lacoste Managing Partner - Private Debt Sophie Flak Managing Partner - ESG & Digital Christophe Simon Managing Partner - Private Funds 1) Former Eurazeo PME. 2) Eurazeo Investment Manager, former Idinvest Partners. Jill Granoff Managing Partner - CEO, Brands Frans Tieleman Managing Partner - Investment Partners Europe c.360 c.130 5 38 STAFF INVESTMENT PROFESSIONALS YEARS Average tenure YEARS OLD Average age#47FINANCIAL AGENDA May 19, 2022 July 27, 2022 November 08, 2022 + + + 47 47 1ST QUARTER 2022 REVENUES HALF YEAR 2022 RESULTS 3rd QUARTER 2022 REVENUES EURAZEO INVESTOR PRESENTATION#48ABOUT US EURAZEO CONTACTS INVESTOR RELATIONS ANALYST COVERAGE Pierre BERNARDIN [email protected] Haojing PAN [email protected] Bank of America Berenberg CM-CIC Degroof Petercam +33 (0)1 44 15 16 76 +33 (0)1 44 15 89 36 EURAZEO SHARES ISIN code: Bloomberg/Reuters: Share capital as of December 31, 2021: Statutory threshold declarations FR0000121121 RF FP, Eura.pa 79,224,529 Indices: SBF120 DJ EURO STOXX DJ STOXX EUROPE 600 MSCI NEXT 150 CAC MID&SMALL 1% CAC FINANCIALS Exane BNP Paribas Jefferies JP Morgan Cazenove Kepler Cheuvreux ODDO BHF Société Générale Philip Middleton Christoph Greulich Alexandre Gérard Joren Van Aken Mourad Lahmidi Matthew Hose Christopher Brown David Cerdan Geoffroy Michalet Patrick Jousseaume EURAZEO www.eurazeo.com#49DISCLAIMER CONFIDENTIALITY This presentation (the "Presentation") has been prepared by Eurazeo. 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The recipients of information acknowledge moreover that some of the confidential information contained in the Presentation may be regarded as inside information within the meaning of such securities laws and market regulations relating to the use of inside information. The recipients undertake, in their name and on behalf of the companies of their group, to comply with applicable securities laws and market regulations. DISCLAIMER The information contained in this Presentation is provided for information purposes only. Some of the information contained in this Presentation has been obtained from published sources prepared by other parties and it has not been independently verified. Neither Eurazeo nor the group to which it belongs nor any other person assumes any responsibility for the accuracy or completeness of the information contained in this Presentation and no representation or warranty, expressed or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of this information or opinions contained herein. The information set out herein is provided as of the date of the Presentation and Eurazeo is under no obligation to update, complete, revise, verify or amend the information contained in this Presentation and/or to provide to you any previous, current or future other materials in relation to Eurazeo or its products or services. Certain statements contained in this document may be statements of future expectations and other forward-looking statements that are based on certain assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. No information provided in the Presentation constitutes or should be used or considered as an offer to sell or a solicitation of any offer to buy the securities or services of Eurazeo or any other issuer in any jurisdiction whatsoever. None of Eurazeo or any of its affiliates, advisors or representatives shall have any liability whatsoever for any loss howsoever arising from any use of this document or its content or otherwise arising in connection with this document. UNITED STATES OF AMERICA None of the interests of funds managed by Eurazeo or any entity of its group has been registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or the securities laws of any U.S. state or other relevant jurisdiction. No such registration is contemplated. Neither the U.S. Securities and Exchange Commission nor any U.S. state or other authority or securities commission has reviewed or passed upon the accuracy or adequacy of this Presentation. Any representation to the contrary is a criminal offense. In addition, none of the funds managed by Eurazeo will be registered as an investment company under the Investment Company Act of 1940, as amended (the "Investment Company Act"), in reliance on one or more exclusions or exemptions therefrom. Investors in any such funds will be required to make certain representations regarding their qualifications, including that each is an "accredited investor" and a "qualified purchaser" as those terms are defined in the Securities Act and Investment Company Act, respectively. There is no public market for the interests in the funds managed by Eurazeo and no such market is expected to develop in the future. Accordingly, investors should be aware that they will be required to bear the financial risks of an investment for an indefinite period of time, including the risk of loss of their entire investment. Past performance is not necessarily indicative of future results and no guarantee can be given that the investment objectives of Eurazeo will be achieved or that investors will receive a return of capital or return on any of their capital. No representations or warranties of any kind are intended or should be inferred with respect to the economic returns or the tax consequences of an investment any fund managed by Eurazeo. This Presentation relates to investments managed by Eurazeo, which is not registered as an investment adviser pursuant to the Investment Advisers Act of 1940, as amended. As a result, the protections of such registration shall not be afforded to any investor in any fund managed by Eurazeo. EURAZEO INVESTOR PRESENTATION#50EURAZEO Investor Presentation www.eurazeo.com