AXA Venture Partners (AVP) accelerates onthe development of itsgrowth strategy and is pleased to announce the appointment of a new General Partner in Paris. Benoit Fosseprez, who was Deputy CEOand CEO Franceof Veepee,will be joining the team as General Partner and will be managing the Growth Fund together with François Robinet, Imran Akram,and Alex Scherbakovsky. Benoit is an experienced leaderwith a very inspiring background combining deep knowledge of the techindustry and strong operational experience in a leading digital company.

Benoit has successfully been CFO and then Deputy CEO, focusingon France, of Veepee, a digital-native e-retailer in 14 marketswith over €4bn in sales. Benoit started his career inthe year 2000, by helpingthe first generation of French tech entrepreneurs as an investment banker focused on Technology, Media and Telecommunicationsat CACIB. He then led the development of the investment banking platform of this bank in the USA, based in NewYork, for five years. As CFO of Veepee.com, Benoit invested in several growth tech companies. Benoit brings a strong knowledge of the European tech ecosystem, combining more than 12 years of investment banking in France,and strong operational experience at Veepee.com as a C-level executive.“On behalf of the AVP team, I am extremely happy and proud to welcome Benoit as a General Partner of ourGrowth Fund. Benoit will reinforce our leadership team and will bring a solid knowledge of the tech ecosystem but even more a strong operational background in a period of acceleration of ourGrowth strategy. We also believe that the AVP team,after 5 years of successfullyworking together, isready to welcome a new member. This is a healthy development for our platform” commented François Robinet,AVP Managing Partner.

Paris –London-New York–San Francisco –Hong Kong Benoit reinforces the existing global growth team led by Francois Robinet (Paris), Imran Akram (London),and Alex Scherbakovsky (NewYork) for its new Growth Fund, AVP Capital II. The team willalsobe further strengthened shortly by the recruitment of several additional senior level individuals. “With a differentiating true transatlantic presence and a proven multi-stage trackrecord in the tech industry, AVP is an impressive independent investment platform to accompany entrepreneurs in their growth. The quality and complementarity of the teams, together with the support of a committed global financial institution, AXA, are two pillars that support the ambitious objective of AVP to become a leading Ventureand GrowthCapital firm in Europe and in the USA. I strongly believe in the value that AVP can bring to both investors and tech entrepreneurs, especially in the growth segment,whichwill benefit from very strong tailwindsin Europe”, commented BenoitFosseprez, AVP General Partner.

ABOUT AVP

AXA Venture Partners (AVP) is a global venture capital firm investing in high-growth, technology-enabled companies. AVP has built, in less than five years, a unique investment platform specialized in tech investments with $800 million of assets under management through three pillars of investment expertise: early stage, growth stage, and fund of funds. To date, AVP has invested in more than 45 companies and more than 20funds. The AVP team operates globally with offices in San Francisco, New York, London, Paris, and Hong Kong. Beyond investments, AVP provides unique access to business development opportunities helping portfolio companies to scale globally and accelerate their growth.

More details here: www.axavp.com

For further information, please contact: Sébastien LOUBRY Partner, Business Development Sebastien@axavp.com06.15.31.61.68