Tikehau Capital : 18 October 2019 - Successful sale of Eurazeo shares by Tikehau Capital

This press release is not intended for publication, dissemination, transmission or distribution directly or indirectly to or within the United States of America, Canada, Australia, Japan or any other country in which the publication, dissemination, transmission or distribution of this press release is unlawful.

PRESS RELEASE

Successful sale of Eurazeo shares

by Tikehau Capital

Paris, 18 October 2019

Tikehau Capital announces the successful disposal of 3,504,640 Eurazeo shares, representing approximately 4.45% of the share capital of Eurazeo, for a total consideration of €224.3 million.

The transaction has been carried out through a private placement to institutional investors by way of an accelerated book building offering.

The transaction will bring to €46.0 million Eurazeo's contribution to Tikehau Capital's investment portfolio revenues since 1 January 20191.

Following the completion of the placement, Tikehau Capital will retain a 5.1% residual stake in Eurazeo share capital. Tikehau Capital has committed to a 90-daylock-up period on its residual stake from the settlement of the transaction.

Nomura International plc has acted as financial advisor to Tikehau Capital in the transaction. Credit Suisse Securities (Europe) Limited and Citigroup Global Markets Limited have acted as Joint Bookrunners, Placing Agents and Underwriters.

About Tikehau Capital:

Tikehau Capital is an asset management and investment group with €23.4 bn of assets under management (as at 30 June 2019) and shareholders' equity of €3.1 bn (as at 30 June 2019). The Group invests in various asset classes (private debt, real estate, private equity and liquid strategies), including through its asset management subsidiaries, on behalf of institutional and private investors. Controlled by its managers, alongside leading institutional partners, Tikehau Capital employs more than 480 staff (as at 30 June 2019) in its Paris, London, Brussels, Madrid, Milan, Luxemburg, New York, Seoul, Singapore and Tokyo offices.

Tikehau Capital is listed on the regulated market of Euronext Paris, Compartment A (ISIN code: FR0013230612;

Ticker: TKO.FP)

www.tikehaucapital.com

1Including in particular, over the second half of the year, a capital gain of €9.5 million and the fair value adjustment of the shares remaining in the portfolio (based on the price of the transaction)

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Press Contacts:

Tikehau Capital: Julien Sanson - [phone]

Finsbury: Arnaud Salla & Charles O'Brien - [phone] [e-mail]

Shareholders and Investors Contact:

Louis Igonet - [phone] [e-mail]

DISCLAIMER

This press release is for information purposes only and does not constitute an offer to sell, and the offering of the Eurazeo shares by Tikehau Capital does not constitute a public offering of securities in any country whatsoever.

In France, the offer is made through a private placement pursuant to Article L. 411-2 II of the French Monetary and Financial Code and no prospectus has been or will be approved by the French Financial Markets Authority (Autorité des marches financiers). The offer will not be made to the public and only qualified investors acting on their own behalf, as defined in accordance with Articles L 411-2, D. 411-1, D. 411-4, D. 744-1, D. 754-1 and D. 764-1 of the French Monetary and Financial Code, may participate in this offer.

With respect to the member States of the European Economic Area other than France (the "Member States"), no action has been undertaken or will be undertaken to make an offer to the public of Eurazeo shares which would require the publication of a prospectus in any Member States. As a consequence, the Eurazeo shares may be offered to the public in the Member States only insofar as such offer would benefit from an exemption under Article 1(4) of the Regulation (EU) 2017/1129 dated June 14, 2017 (as amended, the "Prospectus Regulation"), provided that no such offer of Eurazeo shares shall result in a prospectus publication requirement pursuant to Article 3 of the Prospectus Regulation.

This press release shall be distributed, directly or indirectly, in the United Kingdom only to (i) persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "FSMA") or (ii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the FSMA (all such persons together being referred to as "relevant persons"). The Eurazeo shares are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such Eurazeo shares will only be engaged in with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.

This press release and any information contained herein shall not be published or distributed, directly or indirectly, in the United States, Canada, Australia or Japan.

This announcement is not an offer to sell, or the solicitation of an offer to buy, any securities. The offer and sale of the securities referred to in this announcement has not been, nor will it be, registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") or the securities laws of any state or other jurisdiction in the United States, and the securities may not be offered or sold in the United States absent such registration or pursuant to an available exemption, or a transaction not subject to, the registration requirements of the Securities Act and in compliance with applicable state or local securities laws. There will be no public offering of the securities in the United States in connection with this transaction.

Any investment decision to buy Eurazeo shares shall be made solely on the basis of publicly available information regarding Eurazeo.

Release, publication or distribution of this press release is forbidden in any country where it would violate applicable laws or regulations.

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