Ardian made an offer to acquire remaining 48% stake in Artefact SA (ENXTPA:ALATF) for €126 million on October 10, 2021. Under the terms offer price is €7.8 per share. In the event that the threshold for a squeeze-out is reached by BidSky following the Offer, BidSky intends to request the implementation of a squeeze-out of the remaining not tendered Artefact securities pursuant to applicable French laws and regulations. As on December 15, 2021,Ardian, together with Cathay Capital, announced that their simplified tender offer for the remaining shares of Artefact, a leader in data services, has been accepted. As the required conditions were met at the closing of the offer, the mandatory withdrawal on Artefact shares will be effective as of December 21, 2021. The independent expert has concluded that the Offer price is fair from a financial point of view with regards to the Offer. The transaction has been unanimously approved by the Board of Artefact SA on October 11, 2021.

Olivier du Mottay, Philippe Tesson, Mayssa Sader, Michel Houdayer, Olivia Rauch-Ravisà and Mathilde Saltiel from Latham & Watkins LLP (Paris) acted as a legal advisor to Ardian. Xavier Houard, Thomas Chardenal of KPMG Avocats acted as legal advisor to Ardian. Tristan Dupont, Olivier Barret, Pierre-Arnaud De Lacharrière, Marion Pouchain of Sycomore Corporate Finance SAS, Nicolas von Bulow, Martin Vielle, Stéphane Valorge, Anne-Sophie Luo and Ghislain de Buchet of Clipperton Finance and Philippe Charbonnier of Natixis Partners acted as financial advisor to Ardian. Stéphanie Kordonian, Stephane Krief, Asgar Sondarjee, Florent Guillermain of Société Générale acted as fianancial advisor to Ardian. Daphné Vattier, Thibaud Chabrelié, Guillaume Tobler of Bain & Company, Ghislain De Seze, Simon Regad, Guillaume Blanchard of Alvarez & Marsal acted as due diligence provider. Deborah Hauchemaille o Finaxy acted as insurance due dillegence provider. Cathay Capital supported the transaction. Youssef Djehane, François Baylion, Marie Dupin, Jules Brizi of BDGS Associés acted as legal advisor to Artefact. Guillaume Teboul, Michael Azencot, Samuel Koubi, Côme Mullie of Cambon Partners acted as financial advisor to Artefact. Frédéric Steiner, Nicolas Guillo, Baptiste Rideau of Alvarez & Marsal acted as Financial Due Diligence advisor for Artefact SA. Mathieu Dautriat, Charles Moulette, Solal Blanc, Adrien Khaznadji, Sylvie Magnen, Thomas Jaegle of Ernst & Young Société d'Avocats acted as Legal, tax and social Due Diligence for Artefact SA.