EURAZEO_REGISTRATION_DOCUMENT_2017

5

COMPANY FINANCIAL STATEMENTS Notes to the Company financial statements

Share value adopted as the basis for the 30% contribution The calculation basis for the contribution on stock option plans granted in 2017 was €554 thousand and €5,905 thousand for the free share plan. Conditions governing the exercise of share purchase options The conditions governing the vesting and exercise of options in 2017 are described below. The share purchase options granted (the “Options”) will vest by tranches, in three successive vesting periods subject to the continued employment of the beneficiary by the Company at the end of the relevant vesting period: the first tranche (one-half) of the Options will vest after two years, • i.e. on January 31, 2019; the second tranche (third quarter) of the Options will vest after • three years, i.e. on January 31, 2020; the third tranche (final quarter) of the Options will vest after four • years, i.e. on January 31, 2021. In addition, if the beneficiary of the Options has not been employed by the Company for at least four years at the end of one of the above-mentioned vesting periods, the Options corresponding to such period will vest in favor of the beneficiary only when the beneficiary has been employed by the Company for four years. The exercise of all the options granted to members of the Executive Board and the Executive Committee and Investment Officers is subject to the attainment of performance conditions assessed at the

end of the last vesting period, i.e. on January 31, 2021. For other beneficiaries, the exercise of half of the options is subject to the attainment of these performance conditions. Eurazeo’s Performance will be assessed using a matrix incorporating the relative stock market performance after adding back dividends compared with the CAC 40 index and the performance of Eurazeo’s NAV over a four-year period based on a comparison of the NAV per share in absolute terms at the grant date and the NAV per share in absolute terms as of December 31, 2020, increased for ordinary dividends paid over the same period. Conditions governing the vesting of free shares – 2017 Plan The free share plan provides, in particular, for a three-year vesting period, with the shares vesting at the end of this period only if the beneficiary is still employed by the Company except in the event of death, retirement or disability. The plan rules also stipulate that the number of shares granted shall be adjusted in the event of transactions in the Company’s share capital in order to protect the rights of beneficiaries. On the grant of share purchase options in 2017, each beneficiary was offered the possibility to receive, if they so wished, one free share in exchange for three options. The vesting of the free shares granted to holders of stock options is subject to the Eurazeo performance condition detailed above for the share purchase options plans, determined over a period of three years commencing the date of grant of the shares.

PREPAYMENTS AND DEFERRED CHARGES NOTE 5

12/31/2017

12/31/2016

(In thousands of euros)

Prepaid expenses

1,560

583

Unrealized foreign exchange losses on financial assets Unrealized foreign exchange gains on currency hedges

951

- -

(268) 2,243

TOTAL

583

296

2017 Registration document

Eurazeo