<?xml version="1.0"?>
<link:linkbase xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:roleRef roleURI="http://www.esma.europa.eu/xbrl/role/all/ias_1_role-210000" xlink:type="simple" xlink:href="eurazeo-2021-12-31.xsd#ias_1_role-210000" />
  <link:roleRef roleURI="http://www.esma.europa.eu/xbrl/role/all/ias_1_role-320000" xlink:type="simple" xlink:href="eurazeo-2021-12-31.xsd#ias_1_role-320000" />
  <link:roleRef roleURI="http://www.esma.europa.eu/xbrl/role/all/ias_1_role-420000" xlink:type="simple" xlink:href="eurazeo-2021-12-31.xsd#ias_1_role-420000" />
  <link:roleRef roleURI="http://www.esma.europa.eu/xbrl/role/all/ias_7_role-520000" xlink:type="simple" xlink:href="eurazeo-2021-12-31.xsd#ias_7_role-520000" />
  <link:calculationLink xlink:role="http://www.esma.europa.eu/xbrl/role/all/ias_1_role-210000" xlink:type="extended">
    <link:loc xlink:label="loc_-210000_2_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Assets" xlink:type="locator" />
    <link:loc xlink:label="loc_-210000_4_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-210000_2_1" xlink:to="loc_-210000_4_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-210000_26_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentAssets" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-210000_2_1" xlink:to="loc_-210000_26_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-210000_27_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSale" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-210000_2_1" xlink:to="loc_-210000_27_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-210000_3_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashAndCashEquivalents" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-210000_4_1" xlink:to="loc_-210000_3_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-210000_6_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentFinancialAssets" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-210000_4_1" xlink:to="loc_-210000_6_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-210000_10_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentTaxAssetsCurrent" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-210000_4_1" xlink:to="loc_-210000_10_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-210000_19_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Inventories" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-210000_4_1" xlink:to="loc_-210000_19_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-210000_32_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherCurrentAssets" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-210000_4_1" xlink:to="loc_-210000_32_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-210000_33_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherCurrentFinancialAssets" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-210000_4_1" xlink:to="loc_-210000_33_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-210000_43_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TradeAndOtherCurrentReceivables" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-210000_4_1" xlink:to="loc_-210000_43_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="eurazeo_OtherShortTermDeposit" xlink:href="eurazeo-2021-12-31.xsd#eurazeo_OtherShortTermDeposit" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-210000_4_1" xlink:to="eurazeo_OtherShortTermDeposit" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-210000_8_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:type="locator" />
    <link:loc xlink:label="loc_-210000_5_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-210000_8_1" xlink:to="loc_-210000_5_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-210000_7_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentLeaseLiabilities" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-210000_8_1" xlink:to="loc_-210000_7_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-210000_9_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentProvisionsForEmployeeBenefits" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-210000_8_1" xlink:to="loc_-210000_9_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-210000_11_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentTaxLiabilitiesCurrent" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-210000_8_1" xlink:to="loc_-210000_11_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-210000_34_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherCurrentFinancialLiabilities" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-210000_8_1" xlink:to="loc_-210000_34_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-210000_35_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherCurrentLiabilities" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-210000_8_1" xlink:to="loc_-210000_35_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-210000_39_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherShorttermProvisions" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-210000_8_1" xlink:to="loc_-210000_39_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-210000_42_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TradeAndOtherCurrentPayables" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-210000_8_1" xlink:to="loc_-210000_42_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-210000_14_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Equity" xlink:type="locator" />
    <link:loc xlink:label="loc_-210000_16_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EquityAttributableToOwnersOfParent" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-210000_14_1" xlink:to="loc_-210000_16_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-210000_25_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncontrollingInterests" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-210000_14_1" xlink:to="loc_-210000_25_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-210000_15_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EquityAndLiabilities" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-210000_15_1" xlink:to="loc_-210000_8_1" xlink:type="arc" weight="1" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-210000_15_1" xlink:to="loc_-210000_14_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-210000_23_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-210000_15_1" xlink:to="loc_-210000_23_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-210000_30_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentLiabilities" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-210000_15_1" xlink:to="loc_-210000_30_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-210000_1_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdditionalPaidinCapital" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-210000_16_1" xlink:to="loc_-210000_1_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-210000_22_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IssuedCapital" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-210000_16_1" xlink:to="loc_-210000_22_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="eurazeo_ConsolidatedReserves" xlink:href="eurazeo-2021-12-31.xsd#eurazeo_ConsolidatedReserves" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-210000_16_1" xlink:to="eurazeo_ConsolidatedReserves" xlink:type="arc" weight="1" />
    <link:loc xlink:label="eurazeo_ProfitOfTheYear" xlink:href="eurazeo-2021-12-31.xsd#eurazeo_ProfitOfTheYear" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-210000_16_1" xlink:to="eurazeo_ProfitOfTheYear" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-210000_12_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DeferredTaxAssets" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-210000_26_1" xlink:to="loc_-210000_12_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-210000_17_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Goodwill" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-210000_26_1" xlink:to="loc_-210000_17_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-210000_18_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IntangibleAssetsOtherThanGoodwill" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-210000_26_1" xlink:to="loc_-210000_18_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-210000_20_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InvestmentAccountedForUsingEquityMethod" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-210000_26_1" xlink:to="loc_-210000_20_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-210000_21_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InvestmentProperty" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-210000_26_1" xlink:to="loc_-210000_21_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-210000_28_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentFinancialAssets" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-210000_26_1" xlink:to="loc_-210000_28_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-210000_37_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherNoncurrentAssets" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-210000_26_1" xlink:to="loc_-210000_37_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-210000_40_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PropertyPlantAndEquipment" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-210000_26_1" xlink:to="loc_-210000_40_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-210000_41_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RightofuseAssets" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-210000_26_1" xlink:to="loc_-210000_41_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-210000_13_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DeferredTaxLiabilities" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-210000_30_1" xlink:to="loc_-210000_13_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-210000_24_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LongtermBorrowings" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-210000_30_1" xlink:to="loc_-210000_24_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-210000_29_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentLeaseLiabilities" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-210000_30_1" xlink:to="loc_-210000_29_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-210000_31_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentProvisionsForEmployeeBenefits" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-210000_30_1" xlink:to="loc_-210000_31_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-210000_36_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherLongtermProvisions" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-210000_30_1" xlink:to="loc_-210000_36_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-210000_38_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherNoncurrentLiabilities" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-210000_30_1" xlink:to="loc_-210000_38_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="eurazeo_InteretsRelatifsAuxInvestissementsPartenaires" xlink:href="eurazeo-2021-12-31.xsd#eurazeo_InteretsRelatifsAuxInvestissementsPartenaires" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-210000_30_1" xlink:to="eurazeo_InteretsRelatifsAuxInvestissementsPartenaires" xlink:type="arc" weight="1" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.esma.europa.eu/xbrl/role/all/ias_1_role-320000" xlink:type="extended">
    <link:loc xlink:label="loc_-320000_4_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLoss" xlink:type="locator" />
    <link:loc xlink:label="loc_-320000_5_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLossFromDiscontinuedOperations" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-320000_4_1" xlink:to="loc_-320000_5_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="eurazeo_NetIncomeLossBeforeNetIncomeLossFromDiscontinuedOperations" xlink:href="eurazeo-2021-12-31.xsd#eurazeo_NetIncomeLossBeforeNetIncomeLossFromDiscontinuedOperations" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-320000_4_1" xlink:to="eurazeo_NetIncomeLossBeforeNetIncomeLossFromDiscontinuedOperations" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-320000_6_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLossFromOperatingActivities" xlink:type="locator" />
    <link:loc xlink:label="loc_-320000_2_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-320000_6_1" xlink:to="loc_-320000_2_1" xlink:type="arc" weight="-1" />
    <link:loc xlink:label="eurazeo_AmortizationOfIntangibleAssetsRelatingToAcquisitions" xlink:href="eurazeo-2021-12-31.xsd#eurazeo_AmortizationOfIntangibleAssetsRelatingToAcquisitions" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-320000_6_1" xlink:to="eurazeo_AmortizationOfIntangibleAssetsRelatingToAcquisitions" xlink:type="arc" weight="-1" />
    <link:loc xlink:label="eurazeo_OtherOperatingIncomeAndExpenseFromNonOrdinaryActivities" xlink:href="eurazeo-2021-12-31.xsd#eurazeo_OtherOperatingIncomeAndExpenseFromNonOrdinaryActivities" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-320000_6_1" xlink:to="eurazeo_OtherOperatingIncomeAndExpenseFromNonOrdinaryActivities" xlink:type="arc" weight="-1" />
    <link:loc xlink:label="eurazeo_ProfitLossFromOrdinaryOperatingActivities" xlink:href="eurazeo-2021-12-31.xsd#eurazeo_ProfitLossFromOrdinaryOperatingActivities" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-320000_6_1" xlink:to="eurazeo_ProfitLossFromOrdinaryOperatingActivities" xlink:type="arc" weight="1" />
    <link:loc xlink:label="eurazeo_CostOfNetDebt" xlink:href="eurazeo-2021-12-31.xsd#eurazeo_CostOfNetDebt" xlink:type="locator" />
    <link:loc xlink:label="eurazeo_CostOfDebt" xlink:href="eurazeo-2021-12-31.xsd#eurazeo_CostOfDebt" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="eurazeo_CostOfNetDebt" xlink:to="eurazeo_CostOfDebt" xlink:type="arc" weight="1" />
    <link:loc xlink:label="eurazeo_InterestIncomeOnCashAndCashEquivalentsAndOtherFinancialInstruments" xlink:href="eurazeo-2021-12-31.xsd#eurazeo_InterestIncomeOnCashAndCashEquivalentsAndOtherFinancialInstruments" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="eurazeo_CostOfNetDebt" xlink:to="eurazeo_InterestIncomeOnCashAndCashEquivalentsAndOtherFinancialInstruments" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-320000_3_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="eurazeo_NetIncomeLossBeforeNetIncomeLossFromDiscontinuedOperations" xlink:to="loc_-320000_3_1" xlink:type="arc" weight="-1" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="eurazeo_NetIncomeLossBeforeNetIncomeLossFromDiscontinuedOperations" xlink:to="loc_-320000_6_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-320000_10_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="eurazeo_NetIncomeLossBeforeNetIncomeLossFromDiscontinuedOperations" xlink:to="loc_-320000_10_1" xlink:type="arc" weight="1" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="eurazeo_NetIncomeLossBeforeNetIncomeLossFromDiscontinuedOperations" xlink:to="eurazeo_CostOfNetDebt" xlink:type="arc" weight="-1" />
    <link:loc xlink:label="eurazeo_OtherFinanceIncomeAndCost" xlink:href="eurazeo-2021-12-31.xsd#eurazeo_OtherFinanceIncomeAndCost" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="eurazeo_NetIncomeLossBeforeNetIncomeLossFromDiscontinuedOperations" xlink:to="eurazeo_OtherFinanceIncomeAndCost" xlink:type="arc" weight="-1" />
    <link:loc xlink:label="loc_-320000_1_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EmployeeBenefitsExpense" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="eurazeo_ProfitLossFromOrdinaryOperatingActivities" xlink:to="loc_-320000_1_1" xlink:type="arc" weight="-1" />
    <link:loc xlink:label="loc_-320000_7_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RawMaterialsAndConsumablesUsed" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="eurazeo_ProfitLossFromOrdinaryOperatingActivities" xlink:to="loc_-320000_7_1" xlink:type="arc" weight="-1" />
    <link:loc xlink:label="loc_-320000_8_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Revenue" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="eurazeo_ProfitLossFromOrdinaryOperatingActivities" xlink:to="loc_-320000_8_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-320000_9_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ServicesExpense" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="eurazeo_ProfitLossFromOrdinaryOperatingActivities" xlink:to="loc_-320000_9_1" xlink:type="arc" weight="-1" />
    <link:loc xlink:label="loc_-320000_11_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TaxExpenseOtherThanIncomeTaxExpense" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="eurazeo_ProfitLossFromOrdinaryOperatingActivities" xlink:to="loc_-320000_11_1" xlink:type="arc" weight="-1" />
    <link:loc xlink:label="eurazeo_DepreciationAndAmortizationExcludingIntangibleAssetsRelatingToAcquisitions" xlink:href="eurazeo-2021-12-31.xsd#eurazeo_DepreciationAndAmortizationExcludingIntangibleAssetsRelatingToAcquisitions" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="eurazeo_ProfitLossFromOrdinaryOperatingActivities" xlink:to="eurazeo_DepreciationAndAmortizationExcludingIntangibleAssetsRelatingToAcquisitions" xlink:type="arc" weight="-1" />
    <link:loc xlink:label="eurazeo_OtherGainLosses" xlink:href="eurazeo-2021-12-31.xsd#eurazeo_OtherGainLosses" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="eurazeo_ProfitLossFromOrdinaryOperatingActivities" xlink:to="eurazeo_OtherGainLosses" xlink:type="arc" weight="1" />
    <link:loc xlink:label="eurazeo_OtherOperatingIncomeAndExpenseFromOrdinaryActivities" xlink:href="eurazeo-2021-12-31.xsd#eurazeo_OtherOperatingIncomeAndExpenseFromOrdinaryActivities" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="eurazeo_ProfitLossFromOrdinaryOperatingActivities" xlink:to="eurazeo_OtherOperatingIncomeAndExpenseFromOrdinaryActivities" xlink:type="arc" weight="-1" />
    <link:loc xlink:label="eurazeo_ProvisionExpense" xlink:href="eurazeo-2021-12-31.xsd#eurazeo_ProvisionExpense" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="eurazeo_ProfitLossFromOrdinaryOperatingActivities" xlink:to="eurazeo_ProvisionExpense" xlink:type="arc" weight="-1" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.esma.europa.eu/xbrl/role/all/ias_1_role-420000" xlink:type="extended">
    <link:loc xlink:label="loc_-420000_4_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" xlink:type="locator" />
    <link:loc xlink:label="loc_-420000_1_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-420000_4_1" xlink:to="loc_-420000_1_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-420000_6_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-420000_4_1" xlink:to="loc_-420000_6_1" xlink:type="arc" weight="-1" />
    <link:loc xlink:label="loc_-420000_5_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:type="locator" />
    <link:loc xlink:label="loc_-420000_2_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncomeTaxRelatingToFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-420000_5_1" xlink:to="loc_-420000_2_1" xlink:type="arc" weight="-1" />
    <link:loc xlink:label="loc_-420000_3_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherComprehensiveIncomeBeforeTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-420000_5_1" xlink:to="loc_-420000_3_1" xlink:type="arc" weight="1" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.esma.europa.eu/xbrl/role/all/ias_7_role-520000" xlink:type="extended">
    <link:loc xlink:label="loc_-520000_9_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:type="locator" />
    <link:loc xlink:label="loc_-520000_14_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DividendsPaidToEquityHoldersOfParentClassifiedAsFinancingActivities" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-520000_9_1" xlink:to="loc_-520000_14_1" xlink:type="arc" weight="-1" />
    <link:loc xlink:label="loc_-520000_15_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-520000_9_1" xlink:to="loc_-520000_15_1" xlink:type="arc" weight="-1" />
    <link:loc xlink:label="loc_-520000_20_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InterestPaidClassifiedAsFinancingActivities" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-520000_9_1" xlink:to="loc_-520000_20_1" xlink:type="arc" weight="-1" />
    <link:loc xlink:label="loc_-520000_22_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-520000_9_1" xlink:to="loc_-520000_22_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-520000_32_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-520000_9_1" xlink:to="loc_-520000_32_1" xlink:type="arc" weight="-1" />
    <link:loc xlink:label="eurazeo_ProceedsFromIssuanceOfSharesPaidByMinorityInterestsInConsolidatedEntities" xlink:href="eurazeo-2021-12-31.xsd#eurazeo_ProceedsFromIssuanceOfSharesPaidByMinorityInterestsInConsolidatedEntities" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-520000_9_1" xlink:to="eurazeo_ProceedsFromIssuanceOfSharesPaidByMinorityInterestsInConsolidatedEntities" xlink:type="arc" weight="1" />
    <link:loc xlink:label="eurazeo_ProceedsFromIssuanceOfSharesPaidByParentCompanyShareholders" xlink:href="eurazeo-2021-12-31.xsd#eurazeo_ProceedsFromIssuanceOfSharesPaidByParentCompanyShareholders" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-520000_9_1" xlink:to="eurazeo_ProceedsFromIssuanceOfSharesPaidByParentCompanyShareholders" xlink:type="arc" weight="1" />
    <link:loc xlink:label="eurazeo_ProceedsFromSyndication" xlink:href="eurazeo-2021-12-31.xsd#eurazeo_ProceedsFromSyndication" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-520000_9_1" xlink:to="eurazeo_ProceedsFromSyndication" xlink:type="arc" weight="1" />
    <link:loc xlink:label="eurazeo_TreasuryShareRepurchasesAndSales" xlink:href="eurazeo-2021-12-31.xsd#eurazeo_TreasuryShareRepurchasesAndSales" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-520000_9_1" xlink:to="eurazeo_TreasuryShareRepurchasesAndSales" xlink:type="arc" weight="-1" />
    <link:loc xlink:label="loc_-520000_10_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:type="locator" />
    <link:loc xlink:label="loc_-520000_7_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-520000_10_1" xlink:to="loc_-520000_7_1" xlink:type="arc" weight="-1" />
    <link:loc xlink:label="loc_-520000_8_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashFlowsFromUsedInDecreaseIncreaseInShorttermDepositsAndInvestments" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-520000_10_1" xlink:to="loc_-520000_8_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-520000_13_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashReceiptsFromRepaymentOfAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-520000_10_1" xlink:to="loc_-520000_13_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-520000_16_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DividendsReceivedClassifiedAsInvestingActivities" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-520000_10_1" xlink:to="loc_-520000_16_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-520000_23_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProceedsFromSalesOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-520000_10_1" xlink:to="loc_-520000_23_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-520000_24_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProceedsFromSalesOfInvestmentProperty" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-520000_10_1" xlink:to="loc_-520000_24_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-520000_25_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-520000_10_1" xlink:to="loc_-520000_25_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-520000_26_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProceedsFromSalesOrMaturityOfFinancialInstrumentsClassifiedAsInvestingActivities" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-520000_10_1" xlink:to="loc_-520000_26_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-520000_28_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PurchaseOfFinancialInstrumentsClassifiedAsInvestingActivities" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-520000_10_1" xlink:to="loc_-520000_28_1" xlink:type="arc" weight="-1" />
    <link:loc xlink:label="loc_-520000_29_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-520000_10_1" xlink:to="loc_-520000_29_1" xlink:type="arc" weight="-1" />
    <link:loc xlink:label="loc_-520000_30_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PurchaseOfInvestmentProperty" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-520000_10_1" xlink:to="loc_-520000_30_1" xlink:type="arc" weight="-1" />
    <link:loc xlink:label="loc_-520000_31_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-520000_10_1" xlink:to="loc_-520000_31_1" xlink:type="arc" weight="-1" />
    <link:loc xlink:label="eurazeo_ImpactOfChangesInConsolidationScope" xlink:href="eurazeo-2021-12-31.xsd#eurazeo_ImpactOfChangesInConsolidationScope" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-520000_10_1" xlink:to="eurazeo_ImpactOfChangesInConsolidationScope" xlink:type="arc" weight="1" />
    <link:loc xlink:label="eurazeo_ProceedsFromSalesOfInvestments" xlink:href="eurazeo-2021-12-31.xsd#eurazeo_ProceedsFromSalesOfInvestments" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-520000_10_1" xlink:to="eurazeo_ProceedsFromSalesOfInvestments" xlink:type="arc" weight="1" />
    <link:loc xlink:label="eurazeo_PurchasesOfInvestments" xlink:href="eurazeo-2021-12-31.xsd#eurazeo_PurchasesOfInvestments" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-520000_10_1" xlink:to="eurazeo_PurchasesOfInvestments" xlink:type="arc" weight="-1" />
    <link:loc xlink:label="loc_-520000_11_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:type="locator" />
    <link:loc xlink:label="loc_-520000_12_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-520000_11_1" xlink:to="loc_-520000_12_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-520000_17_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-520000_11_1" xlink:to="loc_-520000_17_1" xlink:type="arc" weight="-1" />
    <link:loc xlink:label="loc_-520000_19_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseInWorkingCapital" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-520000_11_1" xlink:to="loc_-520000_19_1" xlink:type="arc" weight="-1" />
    <link:loc xlink:label="loc_-520000_3_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForIncomeTaxExpense" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-520000_12_1" xlink:to="loc_-520000_3_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="eurazeo_CashFlowsFromUsedInOperationsAfterCostOfNetDebtAndIncomeTaxExpense" xlink:href="eurazeo-2021-12-31.xsd#eurazeo_CashFlowsFromUsedInOperationsAfterCostOfNetDebtAndIncomeTaxExpense" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-520000_12_1" xlink:to="eurazeo_CashFlowsFromUsedInOperationsAfterCostOfNetDebtAndIncomeTaxExpense" xlink:type="arc" weight="1" />
    <link:loc xlink:label="eurazeo_NetFinanceCosts" xlink:href="eurazeo-2021-12-31.xsd#eurazeo_NetFinanceCosts" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-520000_12_1" xlink:to="eurazeo_NetFinanceCosts" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-520000_18_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-520000_18_1" xlink:to="loc_-520000_9_1" xlink:type="arc" weight="1" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-520000_18_1" xlink:to="loc_-520000_10_1" xlink:type="arc" weight="1" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="loc_-520000_18_1" xlink:to="loc_-520000_11_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-520000_1_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="eurazeo_CashFlowsFromUsedInOperationsAfterCostOfNetDebtAndIncomeTaxExpense" xlink:to="loc_-520000_1_1" xlink:type="arc" weight="-1" />
    <link:loc xlink:label="loc_-520000_2_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="eurazeo_CashFlowsFromUsedInOperationsAfterCostOfNetDebtAndIncomeTaxExpense" xlink:to="loc_-520000_2_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-520000_4_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="eurazeo_CashFlowsFromUsedInOperationsAfterCostOfNetDebtAndIncomeTaxExpense" xlink:to="loc_-520000_4_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-520000_5_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForSharebasedPayments" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="eurazeo_CashFlowsFromUsedInOperationsAfterCostOfNetDebtAndIncomeTaxExpense" xlink:to="loc_-520000_5_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-520000_6_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="eurazeo_CashFlowsFromUsedInOperationsAfterCostOfNetDebtAndIncomeTaxExpense" xlink:to="loc_-520000_6_1" xlink:type="arc" weight="-1" />
    <link:loc xlink:label="loc_-520000_21_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherAdjustmentsForNoncashItems" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="eurazeo_CashFlowsFromUsedInOperationsAfterCostOfNetDebtAndIncomeTaxExpense" xlink:to="loc_-520000_21_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="loc_-520000_27_1" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLoss" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="eurazeo_CashFlowsFromUsedInOperationsAfterCostOfNetDebtAndIncomeTaxExpense" xlink:to="loc_-520000_27_1" xlink:type="arc" weight="1" />
    <link:loc xlink:label="eurazeo_NetDepreciationAmortizationAndProvisionAllowances" xlink:href="eurazeo-2021-12-31.xsd#eurazeo_NetDepreciationAmortizationAndProvisionAllowances" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="eurazeo_CashFlowsFromUsedInOperationsAfterCostOfNetDebtAndIncomeTaxExpense" xlink:to="eurazeo_NetDepreciationAmortizationAndProvisionAllowances" xlink:type="arc" weight="1" />
    <link:loc xlink:label="eurazeo_UnrealizedFairValueGainsLossesFinancialAssets" xlink:href="eurazeo-2021-12-31.xsd#eurazeo_UnrealizedFairValueGainsLossesFinancialAssets" xlink:type="locator" />
    <link:calculationArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" order="1" xlink:from="eurazeo_CashFlowsFromUsedInOperationsAfterCostOfNetDebtAndIncomeTaxExpense" xlink:to="eurazeo_UnrealizedFairValueGainsLossesFinancialAssets" xlink:type="arc" weight="-1" />
  </link:calculationLink>
</link:linkbase>