Our concentration on high-quality, resilient investments has been validated by the strong performance of our portfolios through 2020. We intensified our communications with LPs and management teams during the crisis, reassuring them that Ardian was working constantly to safeguard their inte- rests. These efforts have helped to strengthen the mutual trust with partners that is essential to our business. Over the course of 2020, we attracted 100 new LPs to our funds. A SIMPLE STATEMENT OF PURPOSE The principles of responsible investment – and especially the positive impact our work can have on society – are fundamental to the way Ardian operates. During 2020, we extended our commitment to these principles by publi- shing a simple statement of our corporate purpose: At Ardian, we invest all of ourselves in building companies that last. Although we began developing this statement of purpose before the pandemic struck, its relevance has been hugely reinforced by the events that followed. Ardian and organizations like it occupy a pivotal position. Our statement of purpose represents Ardian’s recognition of this fact and our commitment to use our influence as investors to create a lasting positive impact. It also shows that we understand that now, more than ever, finance must earn its license to ope- rate. This means being willing to look at ourselves “In our world, trust is afresh and go further in aligning our business the ultimate source of with the values and interests of wider society. value – everything we do depends on it. The enormous impact of the Covid-19 pandemic During this tumultuous has highlighted many troubling issues. Some as- year, it was the trust pects of our lives have changed for good. We are that others had in Ardian, preparing Ardian for the world that will emerge and that we had in each from this crisis, using the strength and solidarity other, that enabled us we found amid the challenges of 2020 to look to to succeed.” the future with fresh eyes. — François Jerphagnon 12 STORIES OF IMPACT