ALTUR INVESTISSEMENT (formerly TURENNE INVESTISSEMENT): SUFFREN HOLDING, MAJORITY SHAREHOLDER OF ALTUR INVESTISSEMENT, SECURES MORE THAN 88% OF THE CAPITAL AND VOTING RIGHTS BEFORE THE LAUNCH OF ITS PUBLIC PURCHASE OFFER – 11/24/2023 at 6:00 p.m.

• Acquisition on the market of 96,816 Altur Investissement shares and achievement by Suffren Holding of the threshold of 30% of the shares targeted by the draft simplified purchase offer on Altur Investissement (the “Offer”) that it was likely to acquire on the market or off market
  

• End of acquisitions of Altur Investissement shares on the market by Suffren Holding
  

• Suffren Holding will hold 88.03% of the capital and 88.07% of the theoretical voting rights of Altur Investissement after execution of the off-market transfer commitments of which it is a beneficiary and before opening of the Offer
  

Paris, November 24, 2023 –

ALTUR INVESTISSEMENT (Euronext – FR0010395681 – ALTUR) (the Company) has been informed that its majority shareholder, Suffren Holding (the Offeror), a company entirely controlled by Mr. François Lombard and his family, acquired, on November 23, 2023, the market, at a unit price of 11 euros, 96,816 shares, representing 2.47% of the capital and 2.43% of the theoretical voting rights of the company Altur Investissement before the opening of the simplified public purchase offer ( the “Offer”), the draft of which was filed with the Financial Markets Authority (AMF) on November 22, 2023.

Taking into account the commitments to sell at the Offer price, i.e. 11 euros per share, described in section 1.2.2.3 of the draft Information Note and in the press release of November 22, 2022, Suffren Holding has reached the regulatory threshold of the 30% of Altur Investissement shares targeted by the proposed Offer that it was likely to acquire, namely a maximum total number of 176,261 shares, representing 4.49% of the capital and 4.42% of the theoretical voting rights of Altur Investissement.

As a result, Suffren Holding will now only be able to acquire Altur Investissement shares as part of the Offer which will begin after obtaining the AMF’s compliance decision.

Following the acquisitions of Altur Investissement shares made on the market today and taking into account the transfer commitments described in section 1.2.2.3 of the Draft Information Note from which it is a beneficiary, Suffren Holding has already assurance of holding, with the members of the concert

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at the opening of the Offer, 88.03% of the share capital and 88.07% of the theoretical voting rights of the company Altur Investissement.

Portfolio composition

To date, ALTUR INVESTISSEMENT’s financial assets are distributed among 21 companies, 4 FPCIs and 2 portfolios invested in strategic sectors:

Health

:

• Menix,
  
  French leader in orthopedic prostheses and dental implants;

• BIOBank,
  
  French leader in the allograft sector;

• Cousin Surgery,
  
  designer and manufacturer of implantable medical devices in technical textile;

• Naogen Pharma
  
  innovative pharmaceutical radio products for non-invasive molecular imaging;

• FPCI Capital Santé I
  
  FPCI managed by Turenne Capital and investing in the health sector;

• FPCI Capital Santé II
  
  FPCI managed by Turenne Capital and investing in the health sector;

• SLP Extens III
  
  managed by Extens and investing in e-health;

• Adagia Capital Europe
  
  a co-investment vehicle in the capital of Minlay, a dental prosthesis laboratory group in Europe.

Generational Services

:

• Funeral Homes of France
  
  network of franchisees of funeral agencies and own agencies.

Energetic transition

:

• Sermeta,
  
  world leader in stainless steel heat exchangers for gas condensing boilers;

• Countum
  
  French leader in industrial and transactional metering of petroleum products;

• EMP Rotomoulding
  
  develops and produces custom rotomolded parts that are 100% recyclable.

Specialized distribution

:

• Demarne
  
  specialist in the import and wholesale of seafood products;

Hotel

:

• Mercure Nice Notre Dame
  
  establishment with 198 rooms;

• Mercure Lyon Center Château Perrache
  
  establishment with 120 rooms;

• FPCI Turenne Hôtellerie II
  
  FPCI managed by Turenne Capital and investing in the hotel sector;

• FPCI Turenne Hôtellerie III
  
  FPCI managed by Turenne Capital and investing in the hotel sector.

Education and formation :

• Eleas,
  
  consulting firm and training organization for HR professions with strong expertise in Quality of Life and Working Conditions (“QVCT”) and the prevention of psychosocial risks in business.

ClimateTech and PropTech:

• Flexliving
  
  operator of flexible, part-time accommodation, in subscription format for regular business travel;

• Saqara
  
  digital solutions to connect construction industry players;

• Wall’up
  
  prefabricated construction panels in hemp concrete and wooden frame;

• Vestalis
  
  turnkey furnishing service;

• Sezame,
  
  real estate leasing;

• Vizcab
  
  SaaS Life Cycle Analysis (LCA) platform to reduce the carbon impact of construction projects.

Miscellaneous :

• Camel,
  
  specialist in sending greeting cards on the Internet;

• Trophy
  
  portfolio holding equity securities of three French SMEs;

• SerVme
  
  CRM for catering.

Contacts

This press release may not be published, transmitted or distributed, directly or indirectly, in the United States, Canada, Japan or Australia. This press release, and the information it contains, do not constitute an offer to sell or subscribe, nor a solicitation of a purchase or subscription order, for transferable securities in any country other than France.

This document (including any reproduction) must not be distributed or transmitted within the United States of America, including any branch or agency of a non-American person resident in the United States of America or any other person American. Any failure to comply with these restrictions could constitute a violation of the United States of America Financial Instruments Regulations (

United States Securities Laws

).

In the United Kingdom, this document is intended only for (i) persons who have professional experience in relation to investments referred to in section 19(1) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2001 (l “Order”), (ii) to persons referred to in Article 49(1) (high net worth entities) of the Order, or (iii) to persons who are qualified as intermediary clients within the meaning of chapter 4 of the Code of good conduct of the FSA (all of these persons being hereinafter referred to as “qualified persons”). This document is only intended for these categories of people. Persons who do not meet the definition of qualified persons should not consider or rely on this document or its contents. The distribution of this document in any other country may be subject to legal restrictions and persons into whose possession this document comes should be aware of and comply with such restrictions. By taking possession of this document you are deemed to agree to be bound by the limitations.

This press release does not constitute an offer to acquire any securities. The Offer will only be made in accordance with the Offer documentation which will contain the full terms and conditions of the Offer. The Offer documentation will be submitted to the AMF for examination and the Offer will only be opened after obtaining the AMF’s compliance decision. Any decision relating to the Offer must be based exclusively on the information contained in the Offer documentation. This press release has been prepared for informational purposes only. It does not constitute an offer to the public. The distribution of this press release, the Offer and its acceptance may be subject to specific regulations or restrictions in certain countries. The Offer is not aimed at persons subject to such restrictions, either directly or indirectly, and is not likely to be the subject of any acceptance from a country where the Offer would be subject to such restrictions. This press release is not intended for distribution in these countries. Consequently, persons in possession of this press release are required to inquire about any local restrictions that may apply and to comply with them. Limagrain declines all responsibility for any possible violation of these restrictions by anyone. Pursuant to Commission Implementing Regulation (EU) 2016/1055 of 29 June 2016 establishing implementing technical standards relating to the technical arrangements for the publication and reporting of inside information in accordance with Regulation (EU) No. 596/2014 of the European Parliament and of the Council, this press release may contain inside information

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Suffren Holding acts in concert with the company ALTUR PARTICIPATIONS and Mr. François LOMBARD.

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