IDC European Woman in Venture Capital

EUROPEAN WOMEN IN VC IDC #EUR148997722 © IDC 2022 25 Male Interaction is Dominant at LP Level — 20% of LP Interaction is with Females Limited Partners provide the funds that are invested, and so can have a high level of control of how and where the money is spent. Limited Partners can influence diversity from the top down. In practice, not many do so yet. Q: When dealing with the following limited partners, what is the percentage split between male-female in terms of the staff/executives you interact with? • When VCs interact with LPs, most of the time they interact with men. • VCs indicate that only 20% of the interactions they have with LPs are with women. This interaction is higher at pension funds and foundations, lower with private investors and family offices. • IDC survey results also indicate that the women they do interact with have limited influence on final decisions. Pension funds Private investor Foundations Family office Source: IDC European Women in VC Websurvey, VCs AuM >€25M, n=20 Source: IDC European Women in VC Websurvey, VCs AuM >€25M, n=53 Source: IDC European Women in VC Websurvey, VCs AuM >€25M, n=17 Source: IDC European Women in VC Websurvey, VCs AuM >€25M, n=51 Female Interaction 27% Female Interaction 21% Female Interaction 15% Female Interaction 17% Male Interaction 73% Male Interaction 79% Male Interaction 85% Male Interaction 83%