LUXEMPART S.A. 12 rue Léon Laval, L-3372 LEUDELANGE Tel: Fax: R.C.S. Luxembourg B27846

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1 Page: 1

2 AGENDA I. Presenta*on of Luxempart Group II. Luxempart s key figures III. Our main par*cipa*ons and recent transac*ons IV. Contact Page: 2

3 I. Presenta:on of Luxempart Group Page: 3

4 I. Presenta:on of Luxempart Group Luxempart s Iden:ty Luxempart is an investment company listed on the Luxembourg Stock Exchange, which has managed a porgolio of listed and unlisted investments in Luxembourg, Belgium, France and Germany since 1988 The current porgolio is composed of around 65% in long term investments, 10% in unlisted companies (Private Equity), 5% in trading porgolio and 18% in cash. The porgolio s es*mated value amounts to approximately 900 million invested in around 30 companies The market capitalisa*on amounts to approximately 570 million Luxempart s leading shareholders are entrepreneurial families Our business: Luxempart is a professional shareholder opera:ng along two separate lines: On the one hand, taking on long term shareholdings managed by a team mo*vated by building long- term value and genera*ng recurrent income Strengthened by the entrepreneurial family spirit of its main shareholders, Luxempart favours conserva*ve investment selec*on and porgolio management, con*nuous and prudent risk management and the prospect of crea*ng long- term value Luxempart operates its investment business by par*cipa*ng in strategic choices, major decisions and control processes of investments by si[ng on Boards of Directors and ensuring good prac*ces in corporate governance. There is con*nuous support for the management teams which does not, however, interfere with the daily management On the other hand, Private Equity entrusted to a team mo*vated by making a short or medium- term gain on exit, Private Equity business is carried out by dedicated teams of professionals based in Belgium, Germany and Luxembourg Page: 4

5 I. Presenta:on of Luxempart Group Our Objec:ve The selec*on and switching of investments should allow Luxempart to pay out annually a growing dividend. In recent years, the dividend has increased by around 10% each year. Furthermore, as in the past, Luxempart aims to regularly increase the value of its net assets, by both the rise in value of its investments and by selling off some of its porgolios companies Our ambi:ons Armed with its mul*lingual team, its network of manager contacts, the investments it has already made in neighbouring countries and a large cash reserve, the Group an*cipates inves*ng a large amount of its cash mainly in Germany, Belgium and France. To do this, the Luxempart Group intends to strengthen its teams by increasing its local presence in the targeted countries Shareholding The par:cipa:on in share capital as at Foyer Finance SA 43,50% BIL 9,95% Group Sofina 5,25% Own shares 4,20% Public and ins*tu*onal 37,10% Total 100,00% Page: 5

6 I. Presenta:on of Luxempart Group Our investment philosophy Professional investor/ Shareholders An involved investor which bases itself on a long- term view and contributes to future growth Our Private Equity business is more focused on crea*ng more short- medium term value Investments in high- poten*al companies Investments in top- quality companies, among the leaders in their sector enjoying compe**ve advantage Suppor*ng businessmen in implemen*ng their business plan through the entrepreneurial standing of its shareholders and its interna*onal network Value crea*on Clear iden*fica*on and defini*on of strategic and financial objec*ves Sound entrepreneurial experience Responsible business administra*on and governance Representa*on on the Board of Directors accompanied by ac*ve dialogue with the management without interfering in the daily running of the company Sharing best prac*ces in terms of business as regards corporate governance Representa*on in the business strategic commidees Page: 6

7 I. Presenta:on of Luxempart Group Our main investment criteria Criteria Long term Investments Private Equity Sector / Geography All sectors France, Luxembourg, Belgium, Germany, Italy, Spain All sectors France, Luxembourg, Belgium, Germany, Italy Size (investment *cket) Between 20 M and 100 M Between 5 M and 50 M Minority / Majority Minority stake (preferably with a blocking minority) leadership /co- leadership If minority: exit control Partner Reference shareholder preferably family partner Industrial partners Manager partners Party to the shareholders agreement Manager shareholders Family entrepreneurs Party to shareholders agreement Role in investments Professional shareholders / professional administrators Presence at the Board of Directors - Hands with Strategic influence with the Board and Commidees Par*cipa*on in defining and implemen*ng the strategy Share our interna*onal network Buy & build Ac*ve shareholder bringing his entrepreneurial background Controlling management Giving management incen*ves Implementa*on and monitoring of business plan Presence at Board of Directors and Commidees Hands on Buy & build Exit No definite *me- frame (long term) Exit depending on opportuni*es and market condi*ons 3 to 7 years Luxempart is not an investment fund and is not obliged to sell for organic growth and acquisi*ons Return Recurring return (dividends) Stable cash flow Par*cipa*on in value crea*on Capital gains Management fees to cover general expenses Page: 7

8 I. Presenta:on of Luxempart Group Our team in Luxembourg François Tesch (aged 61) (tel. : ) Managing Director (CEO) President of the Management Commi]ee MA in Economics, MBA INSEAD (1976) Career in merchant banking in New York, and subsequently in insurance with the Foyer Group in Luxembourg Managing Director of the Foyer group (1985) and Luxempart Director of Luxempart, SES, Foyer, Paul Wurth, Atenor Jacquot Schwertzer (tel. : ) Member of the Management Commi]ee (aged 56) MA in Economics Career with Probutan- Gas then founded Energus, a company ac:ve in the trading and distribu:on of petroleum products CEO of Energus and President of ICP SICAR Director of Foyer, Utopia, PNE Wind, Quip and Poweo Jo San:no (aged 55) (tel. : ) Member of the Management Commi]ee MA in Economics, ex company auditor Career with Arthur Andersen in Brussels, Milan and Luxembourg, then with the Cobepa Group in Brussels becoming CEO of Mosane; he joined Luxempart in 2001 CEO of Indufin (2001) Director of Luxempart, DS Care, IEE Alain Huberty (aged 45) (tel. : ) Member of the Management Commi]ee MA in Business Law from Aix- en- Provence and the London School of Economics, Management Programme at INSEAD Career with Arcelor (legal advisor) and subsequently Foyer Group in 1996 (legal advisor and subsequently manager) and then Luxempart in 2006 Director of Luxempart, PNE WIND Laurent Zandona (aged 32) (tel. : ) Financial Analyst Chartered Financial Analyst (CFA ) MA in Corporate Finance and Market Finance Started his career (2005) with Deloi]e Corporate Finance (associate), and subsequently joined Luxempart in 2008 Director of DS Care Pascale Finck- Braibant (tel. : ) Head of administra:on Bachelor ISI Started her career in Foyer Group Joined Luxempart since 1992 Secretary of the Management Commi]ee Secretary of the Board of Directors Page: 8

9 I. Presenta:on of Luxempart Group Our Team in Belgium Jo San:no (tel. : ) Partner, Managing Director Indufin Guy Wygaerts (tel. : ) Partner, Managing Director Indufin MA in Economics, ex company auditor Career with Arthur Andersen in Brussels, Milan and Luxembourg, then with the Cobepa Group in Brussels becoming CEO of Mosane; he joined Luxempart in 2001 CEO of Indufin (2001) Director of Luxempart, DS Care, IEE Commercial Engineer From 1994 to 2007 Managing Partner at the Audit and Business Advisory prac:ce at Arthur Andersen and thereaner Deloi]e Joined Indufin in September 2007 Jean- François Vryens (tel. : ) Partner Joris Rome (tel. : ) Partner MSc in Finance BA in finance Started as senior auditor at PWC Started in the Investment Banking division of HSBC Investment Bank London Investment Manager at For:s Private Equity then at Mosane en 1999 Artesia/Dexia at Bruxelles Joined Indufin en 2001 Joined Indufin en STRICTLY PERSONAL TIAL- AND CONFIDEN Page: 9 Version: 02/2013

10 I. Presenta:on of Luxempart Group Our Team in Germany Dirk Zollmarsch (tel. : ) Partner 20 years experience in the German Private Equity sector Country- head of Deloi]e & Touche Corporate Finance GmbH Partner and Director at 3i Germany Senior consultant DIC Deutsche Industrie Consult GmbH (WestLB) Andrea Farina (tel. : ) Partner 10 years experience in the German Private Equity sector Associate Director Deloi]e & Touche Corporate Finance GmbH Manager at C H Reynolds Luchterhand AG Analyst at Lazard & Co. GmbH Page: 10

11 I. Presenta:on of Luxempart Group Our Partnership in Italy Mauro Vacchini (tel. : ) Partner 25 years experience in Investments and M&A business Managing Partner and co- founder of the Euromerger group Managing Director of Paribas Finanziaria 5 years in the banking business Fabio Galli (tel. : ) Partner 20 years experience in the Private Equity sector Senior Director at Convergenza S.A. Investment Manager at Argos Sodi:c Group Analyst at Ci:bank Page: 11

12 I. Presenta:on of Luxempart Group Our Partnership in France Jean- Marc Scéo (tel. : ) Director MBA INSEAD, Master in Sciences Poli:ques, 12 years experience in the Private Equity 9 years in leverage finance Quen:n Bergot (tel. : ) Director MBA INSEAD, EM Lyon 11 years in the Private Equity 4 years in strategy & consul:ng 4 years in industry Thibaud Gachet (tel. : ) Director EDHEC Lille 8 years experience in the Private Equity 6 years in financial Due Diligence Xavier Loosveldt (tel. : ) Investment director ESSEC, MBA Kellogg 7 years experience in the Private Equity 4 years in strategy & consul:ng Nicolas Beaugendre (tel. : ) Investment director HEC Paris 5 years experience in the Private Equity 5 years in strategy & consul:ng Alexandre Colcombet (tel. : ) Principal ESSCA Angers, Master Ingénierie Financière E.M. Lyon 3 years experience in the Private Equity 6 years in strategy & consul:ng Page: 12

13 II. Luxempart s key figures Page: 13

14 II. Luxempart s key figures Consolidated key figures IFRS (Interna:onal Financial Repor:ng Standards) Page: 14

15 II. Luxempart s key figures Luxempart s share price evolu:on vs. LuxX (in ) Page: 15

16 II. Luxempart s key figures NAV : Euro 902 Mio. Since 1992, Luxempart s share price has shown a compounded annual growth rate of 12% (12.9% for The NAV) providing a gross IRR of c. 16% to its shareholders. Page: 16

17 III. Our main par:cipa:ons and recent transac:ons Page: 17

18 III. Our main par:cipa:ons and recent transac:ons Our main par:cipa:ons Page: 18

19 III. Our main par:cipa:ons and recent transac:ons Our recent transac:ons Divestment in Utopia, a company operating cinema theaters ( we have realised an IRR of 13% since 1994) Investment in IPS, a company active in the home care sector services ( for a value of 9,3 M) Investment in O3b, a company active in the satelitte operation (2011 for a value of $ 10 M) Investment in Pescanova, a company active in the fishing and fish processing industry (2011 for a value of 30M + 17 M in convertible 8.75%) Divestment in Paul Würth, one of the world leaders in the design and supply of the full-range of technological solutions for the iron & steel industry and affiliated sectors Sale of its 15% state in Belgian OTC firm VEMEDIA together with the other shareholders Page: 19

20 IV. Contact Page: 20

21 IV. Contact François TESCH CEO, Member of the Execu:ve Commi]ee Tel: Jo SANTINO Member of the Executive Committee Tel.: Page: 21

22 [G:\APPS\LUXEMPART\HOLDING\LUXEMPART\DOSSIERS ANNUELS\2013\ROAD SHOW\LUXEMPART UK Presentation PPT] Page: 22

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