London, May 22 2017 –

Ardian, the independent private investment company, today announces that it has signed an agreement to acquire a stake in LBC Tank Terminals (“LBC”) from State Super and Sunsuper. LBC, headquartered in Belgium, is a top-tier global independent operator of bulk liquid storage facilities, predominantly for chemical & base oil products.

Following the transaction, Ardian will hold a 35% stake in LBC. Current shareholders APG and PGGM will

remain invested in the company with a 32.5% stake each.

LBC benefits from its strategically located asset base with operating sites well positioned within major

global trading hubs. Despite its origins as a European company, LBC has a global presence with its largest

operations located in the US Gulf Coast region, namely at Houston and Baton Rouge. The Company also

operates critical sites in the key trading region of Rotterdam and Antwerp in Europe, as well as Shanghai

in Asia. LBC works with the world’s leading petrochemical producers and distributors, providing them with

an independent solution for their liquid tank storage requirements. In many cases, LBC’s business is

physically integrated into the customer production chain and therefore represents a critical infrastructure

for those clients.

Walter Wattenbergh, Group CEO of LBC Tank Terminals, commented: “We are delighted to welcome

Ardian as a new shareholder. LBC is at a significanttransition point in its business strategy, in particular as

the business shifts its focus toward expansion of its facilities in USA and Europe. This trend has been

identified by Ardian and we value the experience and support they can provide to LBC during this period of strategic change.”

Mathias Burghardt, Member of the Executive Committee, Head of Ardian Infrastructure, added: ”LBC is a unique company with fantastic value creation potential. We are very excited to support the managementvision alongside our partners APG and PGGM. Our LBC investment illustrates the existing potential forlong term investors like Ardian in the US infrastructure market.“

Andrew Liau, Managing Director of Ardian Infrastructure, further added: “We have been impressed by the

quality of LBC’s management team and share the vision that exists for the company. We look forward to

supporting the company in delivering upon its growth ambitions whilst maintaining safe and secure

operations for all of LBC’s employees, customers, and other stakeholders.“

LBC represents the 3rdUS dollar denominated investment undertaken by Ardian Infrastructure team in

recent months. Completion of the transaction is subject to a number of conditions including relevant

regulatory approvals.

ABOUT LBC

LBC Tank Terminals is a top-tier global independent operator of bulk liquid storage facilities for

petrochemicals, petroleum products and base oil products. LBC owns and operates a global network of

terminals at key locations in the United States, Europe and China, while offering loading / unloading

services for all modes of transportation.

www.lbctt.com