European Commission and Directorate-General for Competition 14 July 2016, Commission Decision of 14/07/2016 declaring a concentration to be compatible with the common market (Case No COMP/M.8094 - BNP PARIBAS FORTIS PRIVATE EQUITY BELGIUM / SOFINDEV IV / DHAM / NOVY INTERNATIONAL) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION Brussels, 14.7.2016 C(2016) 4672 final PUBLIC VERSION SIMPLIFIED MERGER PROCEDURE To the notifying parties Dear Sirs, Subject: Case M.8094 – BNP PARIBAS FORTIS PRIVATE EQUITY BELGIUM / SOFINDEV IV / DHAM / NOVY INTERNATIONAL Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004 and Article 57 of the Agreement on the European Economic Area On 21