Audit & Advisory Business lines and expertise

January 2017

Who we are

A range of experts in SME service with an international dimension.

Aca Nexia, a player in auditing and advising, provides relevant solutions and support to its clients in the financial and accounting areas.

Aca Nexia gathers 200 professionals including 18 partners and serves nearly 1,400 customers in audit, accounting, transaction services, financial consulting and social management.

The teams have acquired a solid international experience and they support their customers, throughout the Nexia network in most countries over the 5 continents.

Our ambition Being recognized as a leading player on the French market.

Aca Nexia 's ambition is to be recognized by the SMEs in France as a key player for audit and advisory activities in accounting and finance.

This ambition requires the preservation of our independence, characterized by the total control of the capital by the partners and the implementation of a controlled growth strategy. The Nexia network consists of independent members and non-affiliates.

In so doing, the Aca Nexia teams always look for more creative solutions to the benefit of their clients.

Our values Team Spirit Involvement, attentiveness, mutual respect.

Trust Transparency, loyalty, integrity.

Added values Expertise, pragmatism, capitalization and transmission of experience.

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A leading actor of audit and consulting

1 24 m€ 200 18 9th 7th firm fees professionals partners in audit in Transaction

Services

5 80 m€ 728 68 21 8th firms fees professionals partners offices in audit

120 3,1 md$ 25 000 576 10th 7th

countries fees professionals offices Network worldwide In Europe

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Serving your international ambitions

• 3.1 md$ in 2015 • 25,000 professionals • Including 2,600 partners • 576 offices • 120 countries

Great reputation for members in financial markets

• CliftonLarsonAllen Milwaukee- 599m$- 4,500 p-29 offices

• CohnReznick New York City- 500m$- 3,000 people- 30offices

• UK - Saffery Champness 71 £m , 70 partners Smith & Williamson 1,500 p, 12 offices –

• Germany - Ebner Stolz Stuttgart- 15 offices- 180m$- 1,200 p- ranks 7th

• Nexia China Shanghai- 50m$- 1 ,546 p-23 offices

• Nexia Australia 250 people - 3 offices – 50m$

North America (1.5 md$) Europe (1.3 md$) Asia (0.2 md$)

10th network international

24,000 People

Administrators

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Auditing 40%

Accountancy 46%

Transaction services & Advisory

9%

Social and payroll

administration 6%

Fees m€24

Our turnover

Our expertise combines multiple expertise

Business lines Audit

Transaction services

Financial advisory

Assets contribution and mergers

Accounting and tax

Payroll and social administration

Foreign Desk

Consolidation and group reporting

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French listed companies Axway Software, Europacorp, Groupe

Open, MVG, Passat, Rémy Cointreau,

Solutions 30, Sopra Steria.

Companies with banking and insurance

status

CA Indosuez Private Equity - Caisse de

Refinancement de l’Habitat - Mutuelle

Bleue

Private groups among the leaders in

their sectors of activity

Baron Philippe de Rothschild SA, Bernard

Controls, Chausson Matériaux, CEE, CMS

Bureau Francis Lefebvre, DBF, DEFTA,

Emerige, Editions Michel Lafon, Ergalis,

Fourré Lagadec, Naxco Group, CPI,

Berger-Levrault, Agence Netter, Orientis

(Kusmi Tea), Groupe Parisot

Assurance to your accounts

For Aca Nexia, auditing is an engagement which goes well beyond a mere

legal obligation relating to the accounts. It is based on deep knowledge of

the company and its environment which leads to providing added value for

process optimization and quality of financial information.

A high quality in the execution of an audit requires a high level of various

skills applied simultaneously.

Audit Clients • 320 clients for 660 statutory audit

mandates.

• 6 Euronext and 2 Alternext clients.

A dedicated team

• 8 partners.

• 11 managers and 31 auditors.

Key skills

• Listed companies and IFRS.

• Spécialists : social, legal, tax.

• CSR auditor.

• International presence throughout Nexia International.

References

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Transaction services Tailored solutions to match your needs

The team takes part in more than a hundred operations per year on behalf of private

equity houses and strategic buyers on a variety of enterprises in various sectors of

activity.

Driven by implementing an analytical approach, demonstrating a genuine

pragmatism and understanding targets’ markets and business models effectively,

we structure our relationships with our clients and the method followed to perform

our engagements successfully .

Key figures

• 129 deals in 2016.

• +300 operations over the past 3 years.

• Ranks 7th in TS in 2015.

Services

• Due diligence Buy-side.

• VDD and Vendor Assistance.

• Anticipating post-operation issues.

• Assess business plan assumptions.

References

http://www.initiative-finance.com/index.phphttp://www.ardens.fr/?page_id=3

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Predicting, monitoring and managing

Aca Nexia advises and assists companies and their financial departments to ensure

that, in all circumstances, the general management has the historical and forecasted

information it needs to manage the company and its specific projects and

operations.

Our expertise

• Administrative and financial organization.

• Monthly reporting, including WCR and cash level.

• Forecasts : profit & loss accounts and cash flow statements and a follow-up

procedure consistent with management accounts/reporting.

• Cash : Knowing cash balances on a day-to-day basis, managing commitments and

drawing up and updating monthly forecasts, in line with the annual cash flow

statement.

Improving your organization and your team’s skills

• Advisory

- Assessment of structure and procedures.

- Design and formalization of processes.

- Setting up tools.

• Assistance

- Training of the teams.

- Assistance in production of the monthly reporting.

- Follow up.

Financial advisory Key points of operation • Design of appropriate tools.

• Monitoring of the company's teams.

• Shared knowledge.

• Consistency between information systems.

• Permanent reconciliation between cash on hands and P&L

• Coordination with other advisors.

Possible contexts

• Growth management.

• fundraising.

• Renégociation of financial debts.

• Prevention of financial difficulties.

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Assets contributions and mergers

A player in legal restructuring operations

The Aca Nexia partners who intervene in Contributions and Mergers master the

concepts and methodologies generally used and more specifically applied in

valuation.

Advisory

• Valuing inputs, branch and entities.

• Parity simulations.

• Accounting and financial simulation of the impacts on shareholder capital and

accounts.

Legal engagements

• Contribution auditor.

• Merger and spin-off auditor.

Key expertises

• Specialized partners.

• Valuation.

• Legal assignments.

• specialized legal department.

Our commitments • Compliance with deadlines.

• Well-structured approach.

• Coordination with teams and advisors.

References

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Accounting and tax

Understanding and controlling performance

A special permanent source of advice to companies

Aca Nexia , trusted and permanent advisor for businesses.

• Support : from book-keeping to drawing-up of financial statements.

• Advice : Management, tax, organization and information systems.

• Added value : a direct and personalized relationship with one of our partners.

Partners of financial departments

Providing financial services to groups in need of expert assistance on temporary

basis in accounting and tax.

• Ensuring ongoing production of accounting and financial information and follow-

up of obligations.

• Providing complementary technical support.

Key information

• 1 000+ clients.

• 8 partners.

• Legal team.

Tax advice

• Accounting review.

• Tax optimization.

Outsourcing

• Security.

• Meeting deadlines.

• Dashboard.

References

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Payroll and social administration

The support of specialists in a sensitive field

Aca Nexia uses specialized teams comprising of qualified legal experts whose

knowledge is constantly updated and who offer a combination of technical expertise,

responsiveness and confidentiality.

Outsourced social administration

Delegating all or some of the tasks associated with pay and related operations and

obtaining personalized advice.

Social administration review

Aca Nexia’s specialists perform reviews of your social matters with the dual aim of

making your organization secure and monitoring the social costs associated with

pay.

Key figures

• 3 000 payslips per month.

• 30+ sectors of activity.

• 10 specialists.

• 2 labour law specialists.

HR management

• Hiring.

• Payroll and social contributions.

• Assistance when audited.

• Advisory.

HR administration review

• Working hours.

• Contracts.

• Regulations and collective bargaining agreement.

• Calculation of social contributions.

• Pre-need insurance contracts.

References

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Foreign Desk

Your French partner

Aca Nexia is the privileged interlocutor of the financial management of the foreign parent in

order to enable local management to focus on the activity.

Aca Nexia participates in the coordination of the various persons in contact with your French

subsidiaries: auditors, advisors, administrative authorities and functional divisions of your

group.

A package for compliance of your French subsidiaries

Accounting and management accounts

• Book-keeping and drawing up of financial statements in accordance with French GAAP.

• Drawing up of the reporting and management accounts in accordance with local GAAP.

Tax & Social compliance

• Drawing up of periodic tax declarations for VAT and other taxes, and of annual corporate

tax return.

• Supports all social administration : hiring, pay, periodic social statements, termination.

• Assistance in the event of a tax audit.

Key data

• 60 clients.

• 11 countries.

• 10 people.

Key expertise

• A dedicated team.

• A team with multiple expertise : pay, accounting and tax compliance.

Nexia International

• 10th network in the world.

• 120 countries.

• 576 offices.

• 25,000 people.

• Including 2,600 partners.

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Consolidation

Being the partner of your commitments

Our consolidation services

• Internal assistance: adapting to needs in terms of expertise and volume of work.

• Outsourcing: to support the process for preparing consolidated accounts.

• Advice: for specific operations, optimization of your organization, interpretation of

standards.

Group Reporting

• Design and automation of processes with the support of information system

consultants.

• Integration of forecast data with reporting data and consolidated accounts.

Key expertise

• Dedicated team.

• Experience in international groups.

• Mastery of numerous software packages.

• Nexia International.

• IFRS et CRC 99-02.

• Access to accounts in Saas mode.

Outsourcing

• Small groups.

• Improved efficiency.

• Complete service.

• Relations with auditors.

References

Expertise

Hotel management

Auctioneers

Private education

Family office

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Hotel management

Expertise dedicated to your sector

A specialized skill center

Through a dedicated team, Aca Nexia participates on a daily basis in the

management of more than sixty hotels located in the country. Our clients are not

only hotel groups but also independent hotels, members or not of big hotel chains.

Delegated management

Assistance for an optimized functioning of accounting and financial controllers

departments and, at year-end, make an appropriate combination of accounting, tax

and financial standards to draw up the financial statements and manage the relations

with statutory auditors.

Social administrative management

Mastering the specific characteristics of this field.

Review of social management by our legal team specialized in order to secure the

organization and to control social costs.

Key figures

• 250 hotels.

• Dedicated team of 30 people.

• 2,000 payslips per month.

Accounting

• Book-keeping.

• Tax compliance.

• Reporting and interim accounts.

HR management

• Hiring.

• Payroll and social contributions.

• Social administrative management review.

References

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Auctioneers

A key accounting firm in the profession Aca Nexia has been acting as an accountant and advisor to numerous auctioneers for

more than thirty years. This long experience has enabled the firm to acquire deep

knowledge of the profession and assist its clients in the changes imposed by the new

regulations resulting from the law of the 10th of July 2000.

One profession, several lines of business

Aca Nexia is involved in two areas of activity of the profession:

• The judicial auctioneer is a public and ministerial officer responsible for expert

appraisal, valuation and judicial public auction of furniture and personal and

household effects, on behalf of the judiciary.

• Auctions concern a very wide range of property which includes not only the art

market but also industrial and professional equipment, vehicles of all types and

horses, to name a few.

References

• Permanent advice to 20 judicial auctioneers and commercial auction houses in Paris and Ile de France.

• Assistance in more than 30 sale valuation operations.

Services

• Accounting.

• Tax and labor law.

• Organization and dashboard.

• Valuation.

• Sale assistance.

Our commitments

• Monitoring of key issues in the profession.

• Responsiveness and short deadlines .

• Confidentiality.

References

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Private education

Auditor and advisor of the profession

Specific issues

• Administration and finance

• A specific and extensive administrative back office: planning, students, teachers

and teaching.

• Integration of professional administration with accounting and financial

management.

HR management

• Status of teachers, independant workers.

• Different social security schemes.

Tax

• VAT.

• Payroll taxes.

• CVAE: possible exemption depending on link with universities.

Services

• TS : due diligences and VDD.

• Audit: statutory auditing, contributions and mergers, internal auditing.

• Financial advisory: reporting, budget and business plan.

• Accounting and tax issues: financial statements and advice.

• Human resource management: pay, social contributions and advice.

Our commitments • Follow up on key issue changes of the

profession.

• Responsiveness and short deadlines.

• Confidentiality.

References

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Family office

Administrative and financial back office

Aca Nexia has been advising and assisting Family Offices for many years in the

management of their real estate and financial investments and domestic staff.

Book-keeping services

• Complete outsourcing of accounting and reporting.

• Drawing up of financial statements and liaison with statutory auditors.

• Annual tax declaration.

Personal taxation

• Personal tax declarations of partners, corporate and personal income tax.

• Annual wealth tax declaration.

• Management of tax exemption investments.

HR management for domestic staff

• Employment contracts.

• Pay and management of social declarations.

• Advice.

Legal matters

• Advice on choice of legal structures and creation of entities.

• Full legal secretary.

• Liaison with your lawyers and notaries.

Our clients

• Individuals with investments in real estate and holdings.

• Family entrepreneurs with investments in business real estate.

• Asset management companies and family offices.

Our commitments

• Single point of contact.

• Responsiveness.

• Availability.

• Confidentiality.

Partners

The partners and the teams cultivate team spirit,

trust, and the search for added value.

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Partners

Paris ———— 31, rue Henri Rochefort 75017 Paris - France +33 (0)1 47 66 77 88

Éric Chapus e.chapus@aca.nexia.fr +33 (0)6 98 32 85 42

Géraldine Conte g,conte@aca.nexia.fr +33 (0)6 98 32 85 58

Sandrine Gimat s.gimat@aca.nexia.fr +33 (0)6 69 67 94 92

Olivier Juramie o.juramie@aca.nexia.fr +33 (0)6 03 67 57 59

Hervé Krissi h.krissi@aca.nexia.fr +33 (0)6 24 27 31 20

Fabrice Huglin f.huglin@aca.nexia.fr +33 (0)6 98 32 85 09

François Mahé f.mahe@aca.nexia.fr +33 (0)6 18 45 67 56

Philippe Mendes p.mendes@aca.nexia.fr +33 (0)6 98 32 85 38

Olivier Lelong o.lelong@aca.nexia.fr +33 (0)6 61 83 19 76

Laurent Cazebonne l.cazebonne@aca.nexia.fr +33 (0)6 64 87 05 43

Dominique Descours d.descours@aca.nexia.fr +33 (0)6 8540 68 37

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Partners

Stéphane Tuvi s.tuvi@aca.nexia.fr +33 (0)6 69 67 94 92

Frédéric Papillon f.papillon@aca.nexia.fr +33 (0)6 27 19 21 89

Montesson ———— 4, rue du Chant des Oiseaux 78360 Montesson - France +33 (0)1 30 09 19 00

Bernard Hommel b.hommel@aca.nexia.fr +33 (0)6 09 12 23 27

Jérome Debroise j.debroise@aca.nexia.fr +33 (0)6 64 98 90 52

Argenteuil ———— 89, rue Henri Barbusse 95100 Argenteuil - France +33 (0)1 34 23 55 63

Philippe Sallé p.salle@cera-fr.com +33 (0)6 80 96 75 26

Daniel Buchoux d.buchoux@cera-fr.com +33 (0)6 07 76 25 49

Issy-Les- Moulineaux ———— 2, rue Maurice Hartmann 92130 Issy-Les-Moulineaux - France +33 (0)1 40 93 18 40

Nady Bendaoud n,bendaoud@cera-fr.com +33 (0)6 24 92 23 12

Aca Nexia is a firm of auditing and consulting experts

whose ambition is to provide their clients with appropriate

solutions in accounting and financial matters, and to help

them to implement these solutions.

The partners and the teams cultivate team spirit, trust,

and the search for added value.

www.aca.nexia.frr