Altamir - Registration Document 2016

SUPPLEMENTARY INFORMATION

Glossary

PRIVATE EQUITY FUND Vehicle formed by investors for the purpose of making equity investments and sharing in the resulting income.

PUBLIC-TO-PRIVATE (PTOP) Transaction consisting of the repurchase of all shares of a listed company with the intention of delisting.

REFINANCING Transaction consisting of modifying a company’s debt structure, most often to increase the level of debt and reduce equity, so that a portion of investors’ initial outlay can be returned to them. SCA ( SOCIÉTÉ EN COMMANDITE PAR ACTIONS OR FRENCH PARTNERSHIP LIMITED BY SHARES) The French partnership limited by shares allows for the management and the ownership of a company to be completely dissociated. The capital of an SCA is divided into shares, but has two categories of shareholders: the limited partners who are shareholders and whose liability is limited to the amount of their contribution (the SCA is similar to a société anonyme or public limited company in this regard); one or more general partners who are jointly and severally liable for all of the company’s debt. The company’s manager(s) are generally selected from among the general partners, and the limited partners cannot become managers. The Articles of Association detail the methods for appointing current and future managers. The manager(s) has (have) the broadest powers to act under any circumstances in the name of the company. They can be removed from office only in accordance with the provisions of the Articles of Association. SCR ( SOCIÉTÉ DE CAPITAL RISQUE OR PRIVATE EQUITY COMPANY) Altamir elected the SCR status from inception. This status provides it with a specific legal and tax framework, adapted to its corporate objective, which is the management of a securities portfolio. The SCR status imposes certain requirements; chiefly that: at least 50% of the net assets must be composed of equity securities (or give access to equity) issued by companies not listed on a stock exchange, whose registered office is located in a European Union Member State, Norway, Iceland or Liechtenstein; the company’s borrowings may not exceed 10% of net statutory shareholders’ equity. In exchange for the requirements related to this status, the SCR benefits fromadvantageous tax treatment. Likewise, investors in SCRs benefit from favourable tax treatment, under certain conditions.

SPIN-OFF Creation of a new company that is legally and financially independent from its original group.

SUBSCRIPTION COMMITMENT Equity that each investor in a private equity fund agrees to remit when called by the fund to make a new investment.

TOTAL SHAREHOLDER RETURN (TSR) TSR is the rate of return on a share over a given period, including dividends and any realised capital gains.

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UPLIFT Positive difference between the sale price of an investment and the amount at which it was valued by the manager of the fund before the sale.

VALUATION MULTIPLES Ratio of a company’s enterprise value to its EBITDA.

WARRANTS A warrant issued by a company gives the right to subscribe to new shares of the company. YIELD The annual dividend received per share, expressed as a percentage of the stock market price.

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REGISTRATION DOCUMENT 1 ALTAMIR 2016