AGREEMENT SIGNED WITH THOMAS MEYER FOR THE SALE OF

EURAZEO'S STAKE IN DESIGUAL

Paris, August 2, 2018 - Eurazeo announces today that it has signed an agreement with Thomas Meyer, the founder and controlling shareholder of Desigual, the Spanish apparel retailer, to sell him its 10% stake in the company.

Since its investment in 2014, Eurazeo has strongly supported the strategic transformation of Desigual through the promotion of a new brand image, its digital channel, the expansion in Latin America, the optimization of the distribution network as well as through a strengthening of the company's governance.

After four years of mutual cooperation, the joint owners have decided that, given the market environment and their respective timeframes and objectives, it is in their and Desigual's best interests that Thomas Meyer become the company's sole shareholder.

This sale will generate net proceeds of €141.9 million for Eurazeo and its investment partners, and €105.7 million for Eurazeo's stake representing a return on its initial investment of 0.5x.

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About Eurazeo

  • o With a diversified portfolio of over €16 billion in assets under management, including over €10 billion from investment partners, Eurazeo is a leading global investment company with offices in Paris and Luxembourg, New York, Shanghai and Sao Paulo. Its purpose and mission is to identify, accelerate and enhance the transformation potential of the companies in which it invests. The firm covers most private equity segments through its five investment divisions - Eurazeo Capital, Eurazeo Croissance, Eurazeo PME, Eurazeo Patrimoine and Eurazeo Brands - and through three Idinvest business divisions: Venture Capital, Private Debt and Dedicated Portfolio & Funds. Its solid institutional and family shareholder base, robust financial structure free of structural debt, and flexible investment horizon enable Eurazeo to support its companies over the long term. As a global long-term shareholder, the firm offers deep sector expertise, a gateway to global markets, and a stable foothold for transformational growth to the companies it supports.

  • o Eurazeo is listed on Euronext Paris.

  • o ISIN: FR0000121121 - Bloomberg: RF FP - Reuters: EURA.PA

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For more information, please visit the Group's website:www.eurazeo.com

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Eurazeo SA published this content on 02 August 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 02 August 2018 16:40:10 UTC