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INVESTMENT 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

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