FACTSHEET

CIELFinance- March2017 2

ABOUT

Specialised inBanking&FinancialServices,CIELFinanceLimited('CFL')isactivelyinvolvedinfoursub-sectorsofthefinancialindustry:• Banking• FiduciaryServicesandCompanies/FundAdministration• AssetManagement• PrivateEquity

CIELowns75.1%ofCFL,inpartnershipwithAmethis Finance,aninvestmentvehiclededicatedtoAfrica.

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CIELFINANCE’SMISSION

StrengthenourpresenceinBanking&FinancialServicesinSub-SaharanAfricaandtheIndianOcean,wherethereishugegrowthpotentialwiththerapideconomicdevelopmentinthoseregions,whilegeneratingadditionalvaluethroughsynergiesbetweentheunitsofCFLandallpartnersassociatedtothecompanyatvariouslevels.

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KEYFACTS

Investmetn

Over1,300employees

14%ofCIEL’sPortfolio

CountriesofActivity

InvestmentPortfolio- Asat31December2016BANKONE40% | BNI30% | KIBO15%|IPRO2%|MITCO13%

CIELFinance- March2017

Banking

FiduciaryServicesandCompanies/FundsAdministration

AssetManagement

PrivateEquity

PermanentOfficesBotswana

KenyaMadagascarMauritius

SouthAfrica

InvestmentsMadagascar

TanzaniaZambiaKenya

Uganda

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2BanksMadagascarMauritius

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KEYINTERNATIONALPARTNERS

France

Kenya

Madagascar

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KEYINVESTMENTS(%CFL’sownership)

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BankOne50%

BNIMadagascar31.8%

(CFL'scontrollingstake)

MITCO58.8%

IPRO95.5%

KIBOCapitalPartners50%

KIBOFunds39.7%

Banking

FiduciaryServices&Companies

/FundsAdministration

AssetManagement

PrivateEquity

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PORTFOLIO

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50%CFL'sstake

CIEL,inpartnershipwiththeKenyanbankinginstitutionI&MBank,acquiredBankOneinFebruary2008.BankOneprovidesawiderangeofbankingandfinancialproductsandservicesandcatersforboththedomesticandinternationalmarkets.Itoffersfinancialsolutionsatprivate,retailandcorporatelevelsandcurrentlyoperates13branchesthroughoutMauritius.

www.bankone.mu

BANK ONE

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PORTFOLIO

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BNIisoneofthelargestcommercialbanksinMadagascar andisamajorplayerinthecorporatebankingsegment.Withover900employees,BNIruns58modernbranches,including27inAntananarivoanditssurroundings,andhasanetworkofmorethan70ATMs.

www.bni.mg

31.8%CFL'sstake(controlling)

BNIMADAGASCAR

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PORTFOLIO

9

MauritiusInternationalTrustCompanyLimited('MITCO') isaonestop-shopforinternationaltax,globalestateplanning,trust,fiduciary,fundadministration,accountingandadministrationservices.MITCOwhichisregisteredwiththeFinancialServicesCommissionhasanetworkofbusinessassociatesinLondon,ChannelIslands,IsleofMan,Geneva,Luxembourg,Cyprus,Mumbai,Singapore,HongKong,Shanghai,KenyaandJohannesburg.MITCOGroupcomprisesofthreeprofessionalfirmsnamelyMauritiusInternationalTrustCompanyLimited,MITCOCorporateServicesLtdandMITCOLimitedintheSeychelles.

www.mitco.mu

58.8%CFL’sstake

MITCO

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95.5%CFL'sstake

PORTFOLIO

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InvestmentProfessionalsLtd(‘IPRO')isagroupfocusedonmanagingfundsinvestedinAfrica,India,MauritiusandBotswana.TheGrouphasbeenoperatinginMauritiussince1992 andinBotswanasince2007.ThefourmaininvestmentfundsmanagedbyIPROareAfricanMarketLeaders,apan-Africanlistedequityfund,AfricanAbsoluteReturn,apan-Africanfixedincomefund,IproGrowthFundandPonelopeleFund,whichhavethemajorityoftheirassetsinvestedinMauritiusandBotswanarespectively.

www.ipro.mu

IPRO Group

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PORTFOLIO

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KiboCapitalPartnersLimited

KiboCapitalPartnersLimitedisaprivateequitymanagementcompany,whichmanagestwofundsnamely,TheKiboFundLLC(“TKF”)andTheKiboFundIILLC(“TKFII”).ItoperatesfromitsheadofficeinMauritiusandhasaregionalofficeinNairobi.

TheKiboFundLLCTheKiboFundLLCwaslaunchedinMay2008withacommittedcapitalofEUR30millionwithCIEL,FMOandDEG asitsmainsponsors.TKFisfullyinvested.

TheKiboFundIILLCTheKiboFundIILLC,madeitsfirstclosingatUSD50millioninJune2014andafinalclosinginJanuary2017,reachingafundsizeofUSD62.6 million.TKFIIhasalifeoftenyearsandislookingtoinvestingrowthcapitalopportunitiesinEasternAfrica,SouthernAfricaandtheIndianOceanIslands.

www.thekibofund.com

KIBOCapitalPartners50%

TheKIBOFund LLC39.67%

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CIELFINANCESHAREHOLDING

CIELLimitedisaleadingdiversifiedinvestmentcompanyinMauritius,operatingfivebusinessclustersspreadacrossMauritius,AfricaandAsiawithsome30,000employees.Sinceitsbeginningsinagriculturein1912,thepioneeringgroupiscontinuouslyexploringnewavenuesofdevelopmentandinternationalexpansion.InJanuary2014,CIELwaslistedontheOfficialMarketoftheStockExchangeofMauritius(tickersymbol:“CIEL.N0000”),followingthemergerofoneofitsinvestmentcompaniesintotheGroup’sholdingcompany.WithamarketcapitalisationofaboutMUR10.1billion(USD283million),CIELisoneofthelargestlistedMauritiancompanies.Asat31December2016,itsportfoliowasvaluedatMUR13.8 billion(USD401million).

75.1%CIEL LIMITED

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CIELFINANCESHAREHOLDING

AmethisFinance isaninvestmentfunddedicatedtoAfrica,witha

totalinvestmentcapacityofUSD530million sinceitsfirstclosingdoneinDecember2012,splitbetweenUSD380millioninequityandUSD150millionindebt.AmethisFinancehasbeencreatedbyateamledbyLucRigouzzoandLaurentDemey,andbyLaCompagnieBenjamindeRothschild. Theyhavebeenjoinedbyalargegroupofprivateinvestorscombiningfinancialinstitutionsandfamilyoffices.AmethisFinanceisa“one-stopshop”whichprovidesafullsetoflong-termfinancialinstruments,investingbothindebtandequity,withhighobjectivesintermsofdevelopment,social,environmentalandgovernancematters,whiledeliveringattractiveperformancetoitsinvestors.

www.amethisfinance.com

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KEYEXECUTIVES

Marc-EmmanuelVivesCEOofCIELFinance

RavneetChowdhuryCEOofBankOne

AlexandreMeyCEOofBNIMadagascar

ThierryHugninManagingPartnerofKiboCapitalPartners

RobertHovenierCEOofMITCO

StephaneHenryCEOofIPRO

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CIELFINANCEEXECUTIVE

TEAM

Marc-EmmanuelVives

CEOofCIELFinanceMarc-EmmanuelViveshasjoinedCIELFinanceLimitedasCEOinSeptember2014,bringingwithhimmorethan25yearsofexperienceatSociétéGénérale.AfterinitialstepswithintheGeneralInspectiondepartmentoftheGroup,hespentthenext18yearsofhiscareerinvariousassignmentsinemergingcountries.HewasfirstpostedinArgentinaasCommercialDirector,thenChairman&CEOofSociétéGénéraleandlatermovedtoRussia,wherehewastheCEOofBankSociétéGénéraleVostok,beforebecomingFirstDeputyChairmanofRosbank.HefinallymovedtoIndiaasCountrymanager.MarcEmmanuelholdsaMaster’sdegreeinBusinessAdministrationfromHECBusinessSchoolFranceaswellasadegreeinHistoryfromSorbonneUniversity,Paris.

SamilaSivaramenStrategy&Finance

JuanCarlosAlbizzatiRisksManagement,Compliance&Controls

DenisMoreauDigitalBanking,Innovation,Projects&Efficiency

KaminiVencadasmyCompliance,E&SResponsibility,GeneralGovernanceandLegal