Altamir - Registration Document 2016

CORPORATE GOVERNANCE

Remuneration and benefits of managers and directors

2.2 REMUNERATION AND BENEFITS OF MANAGERS AND DIRECTORS

2.2.1 REMUNERATION OF CORPORATE OFFICERS

Neither the Company nor any of its subsidiaries remunerate the corporate officers in any way other than by the allocation of attendance fees as approved by the shareholders at their General Meeting. Only Altamir allocated attendance fees to the corporate officers listed below. Attendance fees paid in 2015 and 2016 are indicated below.

In accordance with Article 21 of the Articles of Association, the Supervisory Board may be allocated an annual remuneration in the form of attendance fees. The amount of these fees is approved by the Shareholders at their Ordinary General Meeting andmaintained until otherwise decided by the Shareholders at a General Meeting. TheBoarddivides these attendance fees among its members in the proportions that it deems appropriate.

2

ATTENDANCE FEES AND OTHER REMUNERATION PAID TO NON-EXECUTIVE CORPORATE OFFICERS

Amounts paid in 2016 for the 2015 financial year (in euros)

Amounts paid in 2015 for the 2014 financial year** (in euros)

Non-executive corporate officers

Attendance fees only Jean Besson* Sophie Etchandy-Stabile

45,000 35,000 40,000 40,000 50,000 35,000 15,000

40,000 28,500 45,000 35,000 28,500 28,500 45,000

Marleen Groen* Gérard Hascoët* Jean-Hugues Loyez

Philippe Santini

Joël Séché (1)

TOTAL

260,000

250,500

* Member of the Audit Committee. ** including 10,000 paid for 2013. (1) Mr. Séché’s appointment as Chairman of the Supervisory Board ended on 3 March 2015 and his appointment as member of the Supervisory Board ended on 23 April 2015.

attendance fees to the members of the Supervisory Board with respect to the 2016 financial year. At the Annual General Meeting of 28 April 2017, it will be proposed that a sum of €290,000 be allocated as attendance fees to be paid for the 2017 financial year. The remuneration paid to the Management Company and the General Partner is detailed in sections 2.2.2 and 2.2.3 of this Registration Document.

The attendance fees payable for the 2015 financial year were paid in 2016. At the General Meeting of 23 April 2015, shareholders approved the total sum of €260,000 for attendance fees for the financial year 2015. At the Annual General Meeting of 15 April 2016, it was proposed that the sum of €260,000 be maintained as the allocation of

83

REGISTRATION DOCUMENT 1 ALTAMIR 2016