Advisor to Orchestra Prémaman’s majority shareholder for a capital raising

Orchestra-Prémaman is a specialized retailer, the European market leader in children’s apparel and childcare equipment. The Group was founded in 1995 in Montpellier, France and manages a network of more than 650 stores. The Group has more than 2,800 employees. Orchestra-Prémaman is the market leader in France, Belgium, Switzerland and Greece and is present in more than 40 countries worldwide. The Group generated consolidated sales of more than 560 million euros in 2015 and has an ambitious development plan based on new openings of large format stores (“megastores”) that should help bring total sales up to one billion euros by 2019. Orchestra-Prémaman is listed on Euronext Paris compartment B. The aim of this capital issuance is to refinance Yeled Invest’s financial debt maturities. This transaction is also connected to the merger announced in December 2016 between Orchestra-Prémaman and Destination Maternity, an American group listed on Nasdaq, the US market leader in maternity apparel retail that generated consolidated sales of 500 million dollars in 2015.