APAX_ANNUAL_REPORT_2017

2017 portfolio value creation

International activities now represent 50% of our portfolio companies’ annual revenue. Internationalisation

MELITA launched a new TV platform offering all services in OTT and set up its e-shop which now represents c. 10% of all orders. VOCALCOM launched Videosign, the first 100% digital mobile one-to-one purchasing solution, via its subsidiary Opportunity. The company also received Telephony’s Labs Innovation 2017 price for its cloud solutions dedicated to contact centers. Vocalcom has also been positioned as a Visionary in the Gartner 2017 Magic Quadrant for Contact Center as a Service. INFOVISTA continues to digitalise its operations by providing fully digitalised performance and compensation management to all employees. AFFLELOU GROUP launched its new website with the objective of increasing online sales and qualified web-to-store traffic. EUROPE SNACKS began to implement a fully integrated Manufacturing Execution System monitoring production lines in real time to reach a factory 4.0 production mode. Digitalisation

SANDAYA launched a new version of its internet site to increase online reservations and serve as base for future digital developments. The company also strengthened its team with the arrival of a managing director in charge of sales, marketing and digital. THOM EUROPE continues its omnichannel development. It has recruited an e-commerce manager to step up this business in Italy, pooled inventory to slash order delivery lead times and launched instore digital, whereby customers can order jewellery engravings instore via a tablet. MARLINK won the Safety4Sea award for its XChange Telemedecine which provides the ability for immediate diagnosis and online interaction with a doctor on shore with several medical examinations.

ALTRAN acquired US company Aricent, a global digital leader in design and engineering services, creating the undisputed global leader in ER&D services. MARLINK acquired OmniAccess, the Spanish leader of satcom solutions in the high-end yachting market, creating the worldwide leader in maritime VSAT services.

AFFLELOU GROUP continues its international development with the opening of 35 stores bringing the company’s total number of stores outside France to more than 520.

The FDA approval opens the highly attractive US market to AMPLITUDE SURGICAL .

19 Build-ups

€775m additional revenues and €205m additional EBITDA.

Portfolio Company

Build-up

2017 revenue Value Creation

Position

€2,282 m

+40% additional revenues

ALTRAN TMT Activity: MidMarket Global leader in innovation and high-tech engineering consulting. MARLINK SERVICES Activity: MidMarket Satellite communication and digital solutions. SANDAYA CONSUMER Activity: MidMarket Outdoor accommodation group with four and five-star campgrounds in France and Spain.

ARICENT Global digital leader in design and engineering services.

Reference shareholder

$423 m *

OMNIACCESS Leading specialised maritime connectivity solutions provider.

Majority

Access to Yachting, technology advanced maritime vertical

BAROMETER OF THE DIGITAL MATURITY

Barometerof thedigital maturityofmid-sized Frenchcompanies 2 nd edition Primed tostart February2018

Apax Partners and EY, with the support of the Meti (Association of French mid-size companies) have published the second edition of the Barometer on the digital maturity of mid-size companies. Based on a survey carried out on 151 French mid-size companies in October 2017 by the CSA institute, this barometer provides an overview of digital maturity among mid-size companies in France.

€47 m **

+85% ** additional revenues

Acquisition of 5 new campsites for the 2018 season.

Majority

More on http://www.apax.fr/en/2018/02/07/barometre-digital-eti/

With thesupportof

* Excluding OmniAccess. ** Pro forma of the 5 new campsites.

14 I APAX PARTNERS I Annual report 2017

Annual report 2017 I APAX PARTNERS I 15