EURAZEO TO ACQUIRE A MINORITY STRATEGIC INTEREST IN RHÔNE RHÔNE PARTNERS BECOME EURAZEO SHAREHOLDERS PARTNERSHIP WILL ACCELERATE THE LONG-TER M STRATEGIC  DEVELOPMENT OF BOTH FIRMS

Paris, London & New York, November 29, 2017

Eurazeo, a leading global listed investment company based in Paris and New York, and Rhône, a leading international private equity firm based in New York and London, today announce a strategic partnership. Under the terms of the agreement, Eurazeo will acquire a 30% interest in Rhône in exchange for $100 million cash (€84million) and 2 million newly issued Eurazeo shares. Eurazeo is a Euronext-listed investment company, with total assets under management of €7billion. Rhône is a global alternative investment management firm with over €5 billion in assets under management across both its private equity business and its real estate joint venture with WeWork, the global leader in the collaborative workspace industry.

The partnership is predicated on both firms’ like-minded investment philosophy, common and complementary transatlantic heritage, and historical cultural alignment. This is evidenced by the global geographical presence of each firm, anchored by their common European and American heritage and long-standing network of relationships.

The complementary skills and character of each firm will serve to enhance the benefits of the partnership for both firmsand their

stakeholders, including broadening the ir scale and scope of investment capabilities and reinforcing and cross-pollinating respective networks.

One Rhône representative will serve as an observer on the Eurazeo Supervisory Board while three Eurazeo representatives will serve on Rhône’sBoard of Managers. However, each firm will continue to operate independently and will maintain full discretion over their investment decisions.

The transaction will be accretive to Eurazeo. It is expected to close in the first half of 2018 and is subject to regulatory approvals and other customary closing conditions.

Patrick Sayer, CEO of Eurazeo, said: “We are delighted to partner with Rhône. Together with their world-class investment team, whom we have known for a long time, we share an investment vision and a similar entrepreneurial DNA. This strategic partnershipwill bolster Eurazeo’s business model and help usgrow and transform companies, creating further value for our shareholders.”

Virginie Morgon, Deputy CEO of Eurazeo, added: “Capitalizing on our unique model that combines permanent capital and third-party money, we have successfully built over the past few years a multi-strategy international investment firm. Today’s transaction with Rhône accelerates this strategy.Beyond the financial investment in a top-performing asset management company, this agreement represents a valuable opportunity to significantly broaden our transatlantic reach and gain access to a wider universe of investors.”

Robert Agostinelli, Co-Founder and Managing Director of Rhône, said: “Our common bond of culture, history and relationships provide a natural predicate for this important milestone in the firm’s development. We are delighted to become shareholders in Eurazeo, and this partnership will serve to enhance the future prospects of both of our businesses.”

Steven Langman, Co-Founder and Managing Director of Rhône, added: “While we will continue to operate our firm independently, our shared values and traditions provide an exciting and natural base for this partnership to drive great benefits for our respective investors . We are excited to work more closely with the leading shareholders and management of Eurazeo, many of whom we have known intimatelyfor over 30 years.

About Eurazeo

With a diversified portfolio of approximately €7 billion in assets under anagement, of which €1 billion from third parties, Eurazeo is a leading global investment company with offices in Paris, Luxembourg, New York, Shanghai and Sao Paolo. Its purpose and mission is to identify, accelerate and enhance the transformation potential of the companies in which it invests. The firm covers a broad spectrum of private equity strategies through its five business divisions –Eurazeo Capital, Eurazeo Croissance, Eurazeo PME, Eurazeo Patrimoine and Eurazeo Brands. Its solid institutional and family shareholder base, robust financial structure, and flexible investment horizon enable Eurazeo to support its companies over the long term. As a global long-term shareholder, the firm offers deep sector expertise and a gateway to global markets, and enables the transformational growth of its companies.

Eurazeo is listed on Euronext Paris.

ISIN: FR0000121121

Bloomberg: RF FP

Reuters: EURA.PA

About Rhône

Rhône was founded in 1996 by Robert F. Agostinelli and M. Steven Langman following their successful careers in cross-border mergers and acquisitions with Goldman Sachs and Lazard. With over 20 years of investing experience, Rhône comprisesa global alternative investment management firm with over €5 billion in assets under management, including its real estate joint venture with WeWork.The firm focuses its private equity investments in market leading businesses with a pan-European or transatlantic presence and global growth opportunities. Rhône, which is currently investing capital from its fifth private equity fund, has invested in a diversified portfolio of companies including those in the chemical, consumer product, food, packaging, industrials, specialty material, business services, and transportation sectors.

In addition, the firm has a joint venture with WeWork to acquire real estate and real estate related assets that are suitable for WeWork.

Oakley Capital closes €800 million fund

Oakley Capital (“Oakley”) is pleased to announce that it has closed its third fund, Oakley Capital Private Equity III (“Fund III”), raising €800 million. Continued strong support from existing investors and a €326 million commitment from Oakley Capital Investments Limited, the AIM-listed Fund established to provide investors with access to the Oakley Funds, has enabled Oakley to raise its largest fund to date.

Key highlights:

• Successful close above original hard cap of €750 million due to investor demand;
• Strong investment from Oakley portfolio entrepreneurs and management teams who contributed 5% of the funds raised;
• Oakley partners and staff contributed in excess of 5% of the total funds raised;
• 75% re-up rate of Fund II institutional investors, demonstrating their belief in Oakley’s performance and potential; and
• Fund III has already been very active with five investments across Oakley’s core sectors and is already 40% deployed.

Oakley Capital has a highly successful 15 year track record of investing across Western Europe, with a focus on identifying investments where the firm can work proactively with founders and management teams in order to create substantial shareholder value for its investors.

Fund III attracted strong interest from high quality investors, and closed above its original hard cap at €800 million, with 75% of the institutional investors in Fund III choosing to re-up, highlighting their confidence in Oakley’s investment strategy. This has been echoed in the investment made by Oakley’s partners and staff, as well as the strength of our new investors, further demonstrating Oakley’s brand strength and successes in the market. The investment from Oakley’s portfolio entrepreneurs and management teams reinforces the collaboration between the firm and its entrepreneurial network, which supports deal origination and the future pipeline.

Fund III has already been very active with five investments across Oakley’s core sectors: Schülerhilfe (Education), TechInsights (TMT), Plesk (TMT), Casa.it and atHome.lu (Digital Consumer) and AMOS (Education). These deals further Oakley’s track record of managing complex carve outs and primary deals with a focus on backing the best founders and management teams.

Oakley’s Fund II (a €525 million 2013 vintage fund) continues to be successful, with average year-on-year EBITDA and revenue growth both in excess of  30% for it’s portfolio companies. Following on from the success investment strategy in Fund II, Oakley is leveraging its experience in its core sectors of Digitial Consumer, TMT and Education in Fund III. The Oakley Funds have also had particular success in the German speaking markets, which remains a key focus in the current fund. Fund III seeks to invest in companies with enterprise values between €60 million and €300 million.

Through its three funds, Oakley has completed 25 acquisitions primarily across Western Europe with a combined enterprise value of over €4 billion. Since inception, realised investments have achieved gross returns of 44% IRR and 2.5x money multiple and returned c.€780 million to investors.

Peter Dubens, Managing partner and Co-founder of Oakley, commented:

“We are delighted to announce another successful fundraise, a result of the confidence our investors have in our abilities to continue to identify attractive investment opportunities across Western Europe.

Through our sector expertise, we are able to embrace complexity, buy-in at attractive multiples and generate superior returns.

We continue to draw support from management teams we have previously backed, demonstrating their belief in our entrepreneurial approach to engaging with our portfolio companies in order to grow and develop businesses, whilst delivering compelling returns to investors.

Fund III is off to an excellent start, having already made five acquisitions. With a healthy pipeline, and the continued support of a talented and growing senior leadership team, I am confident that we will continue to deliver strong investment returns for our investors.”

David Till, Senior Partner and Co-founder of Oakley, added:

“As we increase our funds under management, so we have been able to attract the very best people to our firm, a factor that is core to our success in generating strong returns. We all feel incredibly proud of the achievements of the firm and the value created for its investors.”

– Ends –

For further information please contact:

Oakley Capital Private Equity                                               +44 20 7766 6900

Peter Dubens, Managing Partner

FTI Consulting LLP                                                                     +44 20 3727 1000

Edward Bridges / Stephanie Ellis

About Oakley Capital Private Equity L.P. (“Fund I”), Oakley Capital Private Equity II (“Fund II”) and Oakley Capital Private Equity III (“Fund III”) together the “Oakley Funds”

Oakley Capital Private Equity L.P. and its successor funds, Oakley Capital Private Equity II and Oakley Capital Private Equity III, are unlisted mid-market private equity funds with the aim of providing investors with significant long term capital appreciation. The investment strategy of the funds is to focus on buy-out opportunities in industries with the potential for growth, consolidation and performance improvement.

Castle Private Equity Ltd today published an invitation for an extraordinary general meeting to seek shareholder approval regarding a fixed-price share buyback programme of up to 25% of outstanding registered shares. In addition, the Board of Directors proposes a reduction of the minimum shareholding for placing items on the agenda.

The main objective of the buyback for cancellation purposes will be to distribute liquidity to shareholders. Castle Private Equity Ltd. will contact major shareholders on their willingness to tender shares to the transaction in the next weeks.

If approved by extraordinary general meeting, the share buyback is anticipated to occur subject to conditions in November 2017. Details regarding the transaction will be published following the extraordinary general meeting.