2020 HIGHLIGHTS Investments SYCLEF focused on B2C niches and specific B2B business Investment date: November 2020 expertise, the group has successfully leveraged its Sector: Business services know-how to build a third offering dedicated to Country: France insurers and bank insurers. Since its inception, the — group has delivered strong organic growth and an Founded in 2003, Syclef is a French leader inactive buy-and-build strategy, with 28 acquisitions the installation and maintenance of refrigerationin France, three of which took place in 2020. systems. The group is specialized in medium and large installations in industrial refrigeration (logistics platforms, storage warehouses, food processing, etc.), commercial refrigeration (supermarkets, convenience stores, etc.) and air conditioning. The group benefits from a key player position in the energy transition through the use of innovative “eco-responsible” technologies such as natural refrigerant fluids. SWISSBIT Investment date: June 2020 Sector: Technology, Media and Telecoms Country: Switzerland — Swissbit is the only independent European manu- facturer of storage and embedded internet of Things (IoT) solutions for demanding applications. Swissbit FINAXY combines its unique competences in storage and Investment date: September 2020 embedded IoT technology with its expertise in Sector: Consumer goods and services advanced packaging to store and protect data Country: France reliably in industrial, NetCom, automotive, medical and finance applications as well as across the IoT. — Finaxy is a French multi-specialist insurance broker founded in 2009, which is today in the top 15 insu- rance brokers in France. With a strategic positioning 68 INVESTMENT ACTIVITIES