EURAZEO CONFIRMS THE RAMP-UP OF ITS BUSINESS MODEL, DRIVEN BY ROBUST FUNDRAISING AND ASSET ROTATION IN Q1 2026

Continued strong fundraising momentum

• Fundraising: €1.1bn (€0.9bn in Q1 2025), up 11%

• Assets Under Management (AUM): €39.2bn, including +14% for third parties

• Fee Paying Assets Under Management (FPAUM): €28.9bn, including +13% for third parties

• Management fees: +3% ^[1]   to €105m, including +10%¹ for third parties

Successful implementation of the asset rotation plan

• Group realizations: +140% to €0.6bn, including Fermax and Ex-Nihilo, sold at 150% above their last valuations

• Group deployments: +17% to €0.9bn

• Balance sheet divestments: €0.1bn (x6 compared to Q1 2025), several divestment processes were launched under the annual plan

Solid growth across portfolio companies

• Continued revenue growth for Buyout companies (+6%)

• Strong momentum among Growth portfolio companies (+22%, including +58% for EGF IV)

• Good growth in real assets, with the hospitality activity up +6% and a +36% increase in sustainable infrastructure

Strengthening of the Group’s financial position

• Investment Grade ratings awarded by S&P and Fitch (BBB, stable outlook), confirming the Group’s strong financial position

• Successful inaugural €500m bond issue, 4x oversubscribed, diversifying funding sources and extending debt maturities

• Limited gearing of 16% at end-Q1 2026

Further increase in shareholder return, in line with our commitments

• Ordinary dividend up 10% to €2.92, voted by the May 6, 2026 Annual General Meeting

• Share buybacks of around 4% of capital in 2026, including 1% already completed in Q1 2026

Christophe Bavière and William Kadouch-Chassaing, Co-CEOs, said:  “Eurazeo has delivered a strong start to the year, fully aligned with the execution of our strategic roadmap and the growing momentum of our business model. Building on a record year in 2025, fundraising has remained robust, confirming our status as a leading asset manager. At the same time, the recent award of investment grade ratings and the success of our inaugural bond issue have underscored the strength of Eurazeo’s financial profile and extended its headroom.”

Footnotes

1. Pro forma of the sale of IMGP’s Wealth Management activity, excluding forex and catch-up fees ↑