Diapositive 1

Organizational chart Carmignac
Carmignac Gestion SA
24, place Vendôme
75001 Paris
RCS Paris n°349 501 676
100%
Carmignac Gestion Luxembourg SA
7, rue de la Chapelle
L-1325 Luxembourg
RCS Luxembourg B 67549
100%
Carmignac Gestion Deutschland
GmbH
(Subsidiary)
Junghofstrabe 18 - 26
60311 Frankfurt Am Main
Registergericht Frankfurt HRB
92565
100%
Carmignac Gestion Italia
SRL
(Subsidiary)
Piazzale L. Cadorna, 4
20123 Milano
REA Milano n.1991236
100%
Carmignac Gestion UK
(Branch)
Carmignac Gestion Spain
(Branch)
29 Cornhill Street
EC3V3NF London
c/Marqués Del Duero, 8
28001 Madrid
Carmignac Schweiz AG
(Subsidiary)
Talstrasse 65 CH- 8001
Zurich
19/03/2014