THE STORY OF ARDIAN Since 1996, Ardian has grown from small beginnings into a world-leading private investment house. Here is our story. INFRASTRUCTURE CO-INVESTMENT PRIVATE CREDIT EARLY SECONDARY SECONDARY EXPANSION ACTIVITIES GROWTH BUYOUT ARDIAN CUSTOMIZED SOLUTIONS 23 CREATION 14 8 5 6 1.9 2.6 3.1 AUM IN $bn 0.1 0.2 0.2 0.8 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 OFFICE OPENINGS Paris London Frankfurt Singapore Milan New York