Fund: Eurazeo Strategic Opportunities 3

FCPR Eurazeo Strategic Opportunities 3 (ESO 3) is the third vintage of our Strategic Opportunities range. Building on the success of the first two funds, ESO 3 follows the same investment strategy:

• Build a diversified portfolio of unlisted companies,
• Mostly European, profitable and growing,
• Held by private equity funds for several years
• that can be sold within a relatively short timeframe

This fund is designed for all types of investors wishing to gain exposure to private equity as part of a strategy to diversify their assets over the long term. In particular, it offers:

• exposure to the secondary market, an asset class generally reserved for institutional investors
• direct and indirect access to the capital of unlisted European SMEs and ETIs with solid financial profiles
• Strong diversification over the long term: secondary market investments are an opportunity for investors looking for diversification and long-term performance potential, while at the same time wishing to give their assets an entrepreneurial dimension, in return for a risk of capital loss in particular.

Eurazeo has been a recognized player in the secondary market for over 20 years. The dedicated investment team, Private Funds Group, currently comprises 11 experts who have deployed over €2.8 billion through 75 transactions.

ESO 3 systematically co-invests with our funds dedicated to institutional clients. In this way, it participates in an investment program of over €1 billion, benefiting from the same management quality and access to transaction sizes generally reserved for institutional investors.

Investors are invited to consider all the risks inherent in investing in Fund units, which are detailed in the Fund regulations. The risks listed below are an extract of those mentioned in the regulations:

Risk of capital loss. An investment in the Fund entails a risk of low return or even partial or total loss of the amount invested in the Fund. In addition, as the Fund offers no capital guarantee, the capital invested may not be returned in full.

Risk of illiquidity of the Fund's assets. The Fund will mainly hold securities that are not admitted to trading on a financial instruments market, and whose liquidity may be low or non-existent. As a result, and although the Fund's objective will be to organize the disposal of its holdings under the best possible conditions, it cannot be ruled out that the Fund may experience difficulties in disposing of such holdings within the timeframe and at the price level desired or initially envisaged.

Risks inherent in all equity, quasi-equity and mezzanine investments. The purpose of the Fund is to provide immediate or long-term equity financing for companies. As a result, the Fund's performance is directly linked to the performance of the companies in which it invests, which are subject to numerous uncertainties such as: downturn in the business sector, recession in the geographical area, substantial changes in the legal and tax environment, unfavorable exchange rate trends, etc.

Past performance is no guarantee of future results.