Vivendi Se · EURONEXT:VIV
Vivendi — Shareholder Meeting (April 2022)
158 slides from Vivendi's shareholder meeting presentation, Apr 25, 2022
Slide 1: Combined General Shareholders' Meeting
Combined General Shareholders’ Meeting Monday, April 25, 2022
Slide 2: Yannick Bolloré, Chairman of the Supervisory Board
Yannick Bolloré Chairman of the Supervisory Board
Slide 3: 870 employees
870 employees 620 250 Combined General Shareholders' Meeting - April 25, 2022
Slide 4: Combined General Shareholders' Meeting - April 25, 2022
Combined General Shareholders' Meeting - April 25, 2022
Slide 5: Arnaud de Puyfontaine
Arnaud de Puyfontaine Chairman of the Management Board
Slide 6: A Value Creation Project
A VALUE CREATION PROJECT Vivendi* +191,4% Evolution of the stock price CAC 40* +85,6% juin-14 décembre-14 juin-15 décembre-15 juin-16 décembre-16 juin-17 décembre-17 juin-18 décembre-18 juin-19 décembre-19 juin-20 décembre-20 juin-21 décembre-21 * Dividends reinvested (with distribution of UMG share
Slide 7: Distribution of nearly 60% of the share capital and stock market listing
Distribution of nearly 60% of the share capital and stock market listing Combined Combined General Shareholders' Shareholders' Shareholders' General General Meeting Meeting -- April 25, 2022 April 25, 2022
Slide 8: Combined General Shareholders' Shareholders'
Combined General Shareholders' Shareholders' General Meeting - April 25, 2022
Slide 9: Combined General Shareholders' Meeting - April 25, 2022
Combined General Shareholders' Meeting - April 25, 2022
Slide 10: Investments in Southern Europe
INVESTMENTS IN SOUTHERN EUROPE Combined General Shareholders' Meeting - April 25, 2022
Slide 11: The best artists, the best content
The best artists, the best content Combined General Shareholders' Meeting - April 25, 2022
Slide 12: The best artists, the best content
1,38 2 The best artists, the best content Combined General Shareholders' Meeting - April 25, 2022
Slide 13: The best artists, the best content
The best artists, the best content Top authors GfK – Modern Fiction in French – at the end of December Combined General Shareholders' Meeting - April 25, 2022 2021 – in volumes – paperback + large format – 111 Editis publishing houses + partners broadcast of 3673 audited
Slide 14: Substantial investments in culture and creation
Substantial investments in culture and creation Combined General Shareholders' Meeting - April 25, 2022
Slide 15: Powerful brands reaching wide audiences
Powerful brands reaching wide audiences Combined General Shareholders' Meeting - April 25, 2022
Slide 16: Strong international potential
Strong international potential Combined General Shareholders' Meeting - April 25, 2022
Slide 17: Joint projects
Joint projects Combined General Shareholders' Meeting - April 25, 2022
Slide 18: Assemblée générale mixte avril 2022
Assemblée Assemblée générale générale mixte -mixte – 25 25 avril avril 2022 2022 Combined General Shareholders' Meeting - April 25, 2022
Slide 19: Caroline Le Masne de Chermont
Caroline Le Masne de Chermont EVP, Legal Affairs, Compliance and CSR
Slide 20: Our CSR Program
OUR CSR PROGRAM Taking action for a carbon-neutral world Making culture accessible to the greatest number Working for a more inclusive world Combined General Shareholders' Meeting - April 25, 2022
Slide 21: A CSR program deployed throughout the Group
A CSR PROGRAM DEPLOYED THROUGHOUT THE GROUP Combined General Shareholders' Meeting - April 25, 2022
Slide 22: Environment
ENVIRONMENT MORE THAN 110 WORKS IN 2021 Combined General Shareholders' Meeting - April 25, 2022
Slide 23: Raising awareness
RAISING AWARENESS 78 PRO BONO CAMPAIGNS IN 2021 Combined General Shareholders' Meeting - April 25, 2022
Slide 24: Inspiring content
INSPIRING CONTENT FILMS, SERIES & DOCUMENTARIES Combined General Shareholders' Meeting - April 25, 2022
Slide 25: Diversity, equity, inclusiveness
DIVERSITY EQUITY INCLUSIVENESS IN OUR TEAMS Combined General Shareholders' Meeting - April 25, 2022
Slide 26: Professional equality index
PROFESSIONAL EQUALITY INDEX (France – 2021) GENDER ROSA SEE DAILY EQUALITY PARIS TICKETS MOTION 98/100 93/100 91/100 CANAL+ INTER VIVENDI FRANCE FORUM SE 90/100 90/100 88/100 Combined General Shareholders' Meeting - April 25, 2022
Slide 27: Percentage of women in management bodies
PERCENTAGE OF WOMEN IN MANAGEMENT BODIES GENDER EQUALITY 2021 2022 2023 35% 38% 40% ACHIEVED TARGET TARGET Combined General Shareholders' Meeting - April 25, 2022
Slide 28: Equal opportunities
EQUAL OPPORTUNITIES #1Jeune1Solution Combined General Shareholders' Meeting - April 25, 2022
Slide 29: Avoid, reduce, offset
AVOID, REDUCE, OFFSET DECARBONATION 2020 2021 2022 OF THE BUSINESSES COMMITMENT TARGETS VALIDATION MADE TO ALIGNED TO OF CURRENT SCIENCE-BASED SCIENCE-BASED TARGETS TARGETS TARGETS Combined General Shareholders' Meeting - April 25, 2022
Slide 30: 30% reduction of our emissions by 2025
1st STAGE: 30% REDUCTION OF OUR EMISSIONS BY 2025 DECARBONATION OF THE BUSINESSES ENVIRONMENTAL RENEWABLE CERTIFICATIONS ELECTRICITY 18% IN 2021 20% OF WORKFORCE (9% IN 2018) COVERED IN 2021 REDUCTION TARGET RELATING TO SCOPES 1 AND 2. TARGETS FOR SCOPE 3 ARE ALIGNED TO THE SBTi WELL-BELOW 2°C ET 2°
Slide 31: Hervé Philippe
Hervé Philippe Chief Financial Officer
Slide 32: 2021 Key Figures
2021 KEY FIGURES D in euro millions 2019 2020 2021 vs. 2020 (%) Revenues 8,747 8,668 9,572 +10.4% EBITA* 402 298 690 x 2.3 Adjusted Net Income* 778 292 649 x 2.2 EBIT) 343 248 404 +63.2% Earnings from discontinued operations (UMG) 975 1,371 25,413 Earnings attributable to Vivendi SE shareowners 1,58
Slide 33: IFRS P&L
IFRS P&L in euro millions 2020 2021 D (%) Revenues 8,668 9,572 +10.4% Amortization and depreciation of intangible assets acquired through business combinations (50) (286) EBIT 248 404 +63.2% Income from non-operational equity affiliates 126 (13) Interest (22) (34) Income from investments 35 150 Othe
Slide 34: Adjusted P&L
ADJUSTED P&L in euro millions 2020 2021 D (%) Revenues 8,668 9,572 +10.4% EBITA* 298 690 x 2.3 Income from non-operational equity affiliates (Telecom Italia) 186 47 Interest (22) (34) Income from investments 35 150 Provision for income taxes (160) (140) Non-controlling interests (45) (64) Adjusted n
Slide 35: Consolidated Balance Sheet
CONSOLIDATED BALANCE SHEET Assets Equity and Liabilities in euro millions Dec. 31, 2020 Dec. 31, 2021 Dec. 31, 2020 Dec. 31, 2021 Goodwill 14,183 9,447 Equity 16,431 19,194 Intangible and tangible assets 8,289 3,701 Provisions 1,730 1,145 Financial investments 7,842 10,145 Net Debt 4,953 - Net cash
Slide 36: Investments in equity affiliates
INVESTMENTS IN EQUITY AFFILIATES* 10% of share capital 45.1% of share capital Contributions to income: 22.3% of voting rights €67M Dividends received: €72M Value as of Dec. 31, 2021**: €7.9Bn 23.75% 32.9% of share capital of common shares and voting rights * % ownership as of December 31, 2021 ** Ma
Slide 37: Main minority interests
MAIN MINORITY INTERESTS* >15% of share capital 9.9% of share capital Dividends received: €143M Market value as of Dec. 31, 2021: €1.4Bn 1% of share capital 24.2% of share capital * % ownership as of December 31, 2021 Combined General Shareholders' Meeting - April 25, 2022 37
Slide 38: Cash evolution
CASH EVOLUTION (In euro billions) Flows from UMG transactions Dividends (-€653M) Share buybacks (-€693M) -0.9 +1.7 -1.3 -0.1 +0.3 -0.6 -0.4 +0.7 +6.2 * (5.0) Net Debt Sales Deconsolidation Taxes paid Shareholder Acquisition Other CFFO Interest, Net Cash as of of 20% of UMG’s on UMG returns of 17.5%
Slide 39: Business Unit Performances
Business Unit Performances vivendi
Slide 40: Revenues and EBITA by business unit
REVENUES AND EBITA BY BUSINESS UNIT Revenues D organic in euro millions 2020 2021 (%) Canal+ Group 5,498 5,770 +5.2% Havas Group 2,137 2,341 +10.8% Havas Group - net revenue 2,049 2,238 +10.4% Editis 725 856 +18.1% Other businesses* and intercompany eliminations 308 605 +22.4% Total Vivendi 8,668 9,
Slide 41: Canal+ Group
CANAL GROUP vivendi
Slide 42: Canal+ Group subscriber growth
CANAL+ GROUP Strong growth in the Group’s subscriber base mainly supported by international activities (in thousands) + 1.6 M subscribers YoY 23,706 22,126 14,655 13,448 8,678 9,051 December 31, 2020 * December 31, 2021 Mainland France International * The 2020 pro forma data notably include some int
Slide 43: Canal+ Group EBITA growth
CANAL+ GROUP EBITA before restructuring charges growth (in €M) + €67M (+15.4%) 502 477 22 435 42 92 480 435 343 2019 2020 2021 EBITA Restructuring charges EBITA before restructuring charges Combined General Shareholders' Meeting - April 25, 2022
Slide 44: Havas Group
HAVAS GROUP vivendi
Slide 45: Havas Group net revenue by area and sector
HAVAS GROUP 2021 net revenue by geographic area 2021 net revenue by sector in % (and organic growth in %) (in %) Travels & Entertainment Retail Latin America 4.3% (+30.8%) Automotive 5.1% Healthcare Asia Pacific and 5.6% 5.1% & wellness Africa (+9.8%) 8.3% 29.3% Industries & Services 7.9% 49.7% Euro
Slide 46: Havas Group: a stronger company
HAVAS GROUP A stronger company +18 +11 (207) (104) 9 8 2,256 2,238 13,0% 12,0% 239 225 11,0% 2,049 10.7% 10.0% Net revenue (€M) 9,0% EBITA (€M) 8,0% EBITA margin / net revenue (%) 7,0% 121 6,0% 5.9% 5,0% 4,0% 2019 2020 2021 Combined General Shareholders' Meeting - April 25, 2022
Slide 47: Editis
EDITIS vivendi
Slide 48: Editis record performance
EDITIS Record performance: +18% in revenues YoY (Revenue in €M) +17%* vs 2019 856 735 725 254 217 231 230 210 232 209 171 146 137 116 163 2019 2020 2021 (proforma*) Q1 Q2 Q3 Q4 * Editis has been consolidated since February 1, 2019 Combined General Shareholders' Meeting - April 25, 2022 2019 figures
Slide 49: Other businesses
OTHER BUSINESSES vivendi
Slide 50: Other businesses - main consolidated companies
OTHER BUSINESSES - MAIN CONSOLIDATED COMPANIES Consolidated since June Gross margin**: 1, 2021* Total revenues: +15% vs. 2020 €605M in 2021 (vs. €308M in 2020) New initiatives 27M tickets sold in 2021 * Prisma Media’s revenues amounted to €309M in 2021 (12 month-proforma, a +11.2% organic growth) **
Slide 51: Vivendi SE's 2021 statutory financial statements
Vivendi SE's 2021 statutory financial statements
Slide 52: Balance Sheet 2021
BALANCE SHEET 2021 Assets Equity and Liabilities in euro billions Dec. 31, 2021 Dec. 31, 2021 Long-term investments 19.0 Equity 22.0 Receivables 5.3 Provisions 0.2 Cash and securities 2.6 Liabilities 4.7 Total 26.9 Total 26.9 Combined General Shareholders' Meeting - April 25, 2022
Slide 53: 2021 Statutory Statement of Earnings
2021 STATUTORY STATEMENT OF EARNINGS in euro millions 2021 Operating result -229 Dividends received 563 Impairment and other financial items -1,193 Financial result -630 Sale of 10% of UMG to Tencent (January 2021) 2,467 UMG Inc's and UMG BV's contribution to UMG NV (February 2021) 23,361 Sale of 10
Slide 54: Earnings Allocation
EARNINGS ALLOCATION vivendi
Slide 55: 2021 Earnings Allocation
2021 EARNINGS ALLOCATION in euro millons 2021 2021 earnings 31,521 Allocation: Special interim dividend in kind 22,100 *Ordinary dividend to be paid in cash** 261 Total dividend with respect to FY 2021 22,361 Other reserves 7,000 Retained earnings 2,160 Total 31,521 * The AGM of June 22, 2021 (resol
Slide 56: 2021 Ordinary Dividend
2021 ORDINARY DIVIDEND ■ Vivendi’s shareholders are asked to approve an ordinary dividend of €0.25 per share with respect to FY 2021 ■ In addition to the special interim dividend in kind distributed in September 2021 (1 UMG share for each Vivendi share held) ■ Dividend would be payable as from April
Slide 57: Q1 2022 Revenues
01 2022 Revenues vivendi
Slide 58: Q1 2022 Revenues
Q1 2022 REVENUES D organic in euro millions Q1 2021 Q1 2022 D (%) (%) Canal+ Group 1,357 1,446 +6.5% +6,0% Havas Group 502 591 +17.7% +11.3% Havas Group - net revenue 478 564 +18.0% +11.4% Editis 163 160 -1.7% -1.7% Other businesses and intercompany eliminations 73 180 x 2.5 +24.2% Total Vivendi 2,0
Slide 59: Maxime Saada
Maxime Saada Chairman of the Management Board of Canal+ Group Chairman of Dailymotion
Slide 60: Shifting the center of gravity to the international level
1st transformation Shifting the center of gravity from France to the international level Combined General Shareholders' Meeting - April 25, 2022
Slide 61: Distribution of CANAL+ subscribers
Distribution of CANAL+ subscribers 2015 2021 23.7m 11.2m International subscribers Metropolitan France subscribers Combined General Shareholders' Meeting - April 25, 2022
Slide 62: CANAL+ Group in 2021
CANAL+ Group in 2021 Europe Africa 15.5m 6.8m 23.7m subscribers Asia 1.3m 40+ countries Combined General Shareholders' Meeting - April 25, 2022
Slide 63: Major developments in 2021
Major developments in 2021 Combined General Shareholders' Meeting - April 25, 2022
Slide 64: Accelerating production of proprietary content
2nd transformation Accelerating up the production of proprietary and differentiating content Combined General Shareholders' Meeting - April 25, 2022
Slide 65: STUDIOCANAL: a network of series production companies
STUDIOCANAL: a unique network of series production companies in Europe Production of series Other CANAL+ European territories Combined General Shareholders' Meeting - April 25, 2022
Slide 66: About thirty series produced in-house in 2021
About thirty series produced in-house in 2021 +70m viewing Combined General Shareholders' Meeting - April 25, 2022
Slide 67: ... and about fifty in 2022
… and about fifty in 2022 Combined General Shareholders' Meeting - April 25, 2022
Slide 68: Cinema: major successes for STUDIOCANAL in 2021
Cinema: major successes for STUDIOCANAL in 2021 Bac Nord Boite Noire Le loup et le lion 2.2m admissions 1.2m admissions 1.2m admissions ... Bloody milkshake A boy called Christmas The Royal Game Combined General Shareholders' Meeting - April 25, 2022
Slide 69: Ambitious projects for 2022 and beyond
… and ambitious projects for 2022, and beyond Retribution En corps Paddington 3 Goliath … En attendant Bojangles Novembre Combined General Shareholders' Meeting - April 25, 2022 Super-héros malgré lui
Slide 70: Acquisition of SPI International
Acquisition of SPI International to strengthen CANAL+’s cinema offering in Central and Eastern Europe Publisher of 30+ pay-TV channels and platforms in 60+ countries through 700+ distribution partnerships SPI territories SPI and CANAL+ territories Other CANAL+ Group European territories Combined Gen
Slide 71: Securing key content for the long term
3rd transformation Securing key content for the long term Combined General Shareholders' Meeting - April 25, 2022
Slide 72: Unique sports offering secured long-term
A unique sports offering secured for the long-term for our subscribers Secured until Secured until Secured until 2024 2025 2027 Secured until Secured until Secured until 2029 2029 2030 … Combined General Shareholders' Meeting - April 25, 2022
Slide 73: In France, a cinema offer unlike any other
In France, a cinema offer unlike any other in the world 6 months 15 to 17 months 22 months Release of films in theaters As early as 6 months Compared to 12 months in 2018 Combined General Shareholders' Meeting - April 25, 2022
Slide 74: In France, a cinema offer unlike any other
In France, a cinema offer unlike any other in the world Kaamelott Aline James Bond La Fracture Dune As early Bac Nord as 6 OSS 117 months on Canal+ Eiffel Cruella Le loup et le lion Boite Noire House of Gucci Shang-chi Combined General Shareholders' Meeting - April 25, 2022 Titane Le sens de la fami
Slide 75: Combining creative strength with the aggregator
4th transformation Building a unique model combining the strength of the creative function with that of the aggregator Combined General Shareholders' Meeting - April 25, 2022
Slide 76: Aggregation of American platforms within CANAL+ offers
Aggregation of American platforms within CANAL+ offers 1st distributor outside the USA 2019 2021 2020 Upcoming 1st distributor in France Combined General Shareholders' Meeting - April 25, 2022
Slide 77: Building a technological platform with myCANAL
5th transformation Building a technological platform according to the highest quality standards with myCANAL Combined General Shareholders' Meeting - April 25, 2022
Slide 78: CANAL+ Group's results: a thriving strategy
CANAL+ Group’s results: a thriving strategy CANAL+ subscribers EBITA – CANAL+ Group In millions In EURm – After restructuring charges International Metropolitan France 480 23.7 +9.3m x2 14.7 14.4 240 6.2 8.2 9.1 2016 2021 2016 2021 Combined General Shareholders' Meeting - April 25, 2022
Slide 79: Assemblée générale mixte - 25 avril 2022
Assemblée générale mixte - 25 avril 2022
Slide 80: Raphaël de Andréis
Raphaël de Andréis Chairman of Havas Group France and Southern Europe
Slide 81: Combined General Shareholders' Meeting - April 25, 2022
Combined General Shareholders' Meeting - April 25, 2022
Slide 82: The most committed company in the communication sector
The most committed company in the communication sector • “Make a meaningful difference to brands, business and people” • 60 Havas villages worldwide • 20,000 talented people worldwide • Successful Health Communication division • New and innovative solutions to respond to clients’ needs: Havas CX, Cr
Slide 83: Combined General Shareholders' Meeting - April 25, 2022
Combined General Shareholders' Meeting - April 25, 2022
Slide 84: The first communication company in the metaverse
The first communication Present in 100+ countries company in the METAVERSE in the real world v Combined General Shareholders' Meeting - April 25, 2022
Slide 85: Combined General Shareholders' Meeting - April 25, 2022
Combined General Shareholders' Meeting - April 25, 2022
Slide 86: Combined General Shareholders' Meeting - April 25, 2022
Combined General Shareholders' Meeting - April 25, 2022
Slide 87: Combined General Shareholders' Meeting - April 25, 2022
Combined General Shareholders' Meeting - April 25, 2022
Slide 88: Combined General Shareholders' Meeting - April 25, 2022
Combined General Shareholders' Meeting - April 25, 2022
Slide 89: Positively impacting the world
POSITIVELY IMPACTING THE WORLD Combined General Shareholders' Meeting - April 25, 2022
Slide 90: Michèle Benbunan
Michèle Benbunan Chief Executive Officer of Editis
Slide 91: Combined General Shareholders' Meeting - April 25, 2022
Combined General Shareholders' Meeting - April 25, 2022
Slide 92: Combined General Shareholders' Meeting - April 25, 2022
Combined General Shareholders' Meeting - April 25, 2022
Slide 93: Combined General Shareholders' Meeting - April 25, 2022
Combined General Shareholders' Meeting - April 25, 2022
Slide 94: Pocket en 2022
POCKET EN 2022, C’EST : 13 atable! Premier partenariat 100 % bénévole entre le monde de l’édilion et unc association ne Stas A081 MILLIC AQ prix RTL-Lire, Utopiales, nouve prix Femme actuelle, prix Pulitzer, Booker Prize, Hee par an Costa Book Award, Prix Maison de la Presse.
Slide 95: Combined General Shareholders' Meeting - April 25, 2022
Combined General Shareholders' Meeting - April 25, 2022
Slide 96: Combined General Shareholders' Meeting - April 25, 2022
Combined General Shareholders' Meeting - April 25, 2022
Slide 97: Combined General Shareholders' Meeting - April 25, 2022
Combined General Shareholders' Meeting - April 25, 2022
Slide 98: Combined General Shareholders' Meeting - April 25, 2022
Combined General Shareholders' Meeting - April 25, 2022
Slide 99: Combined General Shareholders' Meeting - April 25, 2022 Combined General Shareholders' Meeting - April
Combined General Shareholders' Meeting - April 25, 2022 Combined General Shareholders' Meeting - April 25, 2022
Slide 100: Combined General Shareholders' Meeting - April 25, 2022
Combined General Shareholders' Meeting - April 25, 2022
Slide 101: Combined General Shareholders' Meeting - April 25, 2022
Combined General Shareholders' Meeting - April 25, 2022
Slide 102: Combined General Shareholders' Meeting - April 25, 2022
Combined General Shareholders' Meeting - April 25, 2022
Slide 103: Combined General Shareholders' Meeting - April 25, 2022 Combined General Shareholders' Meeting - April
Combined General Shareholders' Meeting - April 25, 2022 Combined General Shareholders' Meeting - April 25, 2022
Slide 104: Combined General Shareholders' Meeting - April 25, 2022
Combined General Shareholders' Meeting - April 25, 2022
Slide 105: Combined General Shareholders' Meeting - April 25, 2022
Combined General Shareholders' Meeting - April 25, 2022
Slide 106: Combined General Shareholders' Meeting - April 25, 2022
Combined General Shareholders' Meeting - April 25, 2022
Slide 107: Claire Léost
Claire Léost President of Prisma Media
Slide 108: Combined General Shareholders' Meeting - April 25, 2022
Combined General Shareholders' Meeting - April 25, 2022
Slide 109: Prisma Media's digital revenue
Prisma Media’s digital revenue In millions of euros 86 25 2016 2021 Combined General Shareholders' Meeting - April 25, 2022
Slide 110: Combined General Shareholders' Meeting - April 25, 2022
Combined General Shareholders' Meeting - April 25, 2022
Slide 111: Combined General Shareholders' Meeting - April 25, 2022
Combined General Shareholders' Meeting - April 25, 2022
Slide 112: Cathia Lawson-Hall
Cathia Lawson-Hall Member of the Supervisory Board Chairwoman of the Audit Committee
Slide 113: Géraldine Segond
Géraldine Segond Statutory Auditor, Deloitte
Slide 114: Mission of the Statutory Auditors
Mission of the Statutory Auditors Our main missions are: Certification of Vivendi SE’s 2021 annual financial statements Pages 380 to 384 of the 2021 Annual Report – Universal Registration Document 2021: We certify that the 2021 annual financial statements are regular and sincere having regard to Fre
Slide 115: Mission of the Statutory Auditors
Mission of the Statutory Auditors Objective In accordance with the standards of professional practice, to obtain reasonable assurance that the 2021 annual and consolidated financial statements of your company did not include any material misstatement. Information provided to management and governanc
Slide 116: Report on 2021 annual financial statements
Report on Vivendi SE’s 2021 annual financial statements Opinion on the financial statements Report on the 2021 annual financial statements on pages 380 to 384 of the 2021 Annual Report – Universal Registration Document 2021, the subject of the 1st resolution. Unqualified certification of the annual
Slide 117: Report on 2021 consolidated financial statements
Report on Vivendi SE’s 2021 consolidated financial statements Opinion on the financial statements Report on the 2021 consolidated financial statements on pages 272 to 276 of the Annual Report – Universal Registration Document 2021, the subject of the 2nd resolution. Unqualified certification of the
Slide 118: Other specific verifications
Report on Vivendi SE’s 2021 consolidated financial statements Other specific verifications We do not have any observations to make on the information relating to the Group provided in the management report or on that relating to other legal and regulatory obligations. Combined General Shareholders'
Slide 119: Special report on regulated related-party agreements
Special report on regulated related-party agreements Special report Special report on regulated related-party agreements on page 416 of the Annual Report – Univseral Registration Document 2021, the subject of the 3rd resolution. We do not have any observations to make on the agreements submitted for
Slide 120: Special report: new 2021 agreements
Special report on regulated related-party agreements New 2021 agreements We have been informed of two new agreements to be submitted for the approval of the Shareholders’ General Meeting in accordance with the provisions of Article L. 225-88 of the Commercial Code. • The conclusion by your company o
Slide 121: Reports on extraordinary resolutions
Reports issued in respect of extraordinary resolutions Other reports issued in the context of extraordinary resolutions We have no observations to make on the reports issued in relation to the delegated powers proposed for the purpose: • of canceling your Company’s own shares purchased, subject to a
Slide 122: Reports on extraordinary resolutions
Reports issued in respect of extraordinary resolutions Other reports issued in the context of extraordinary resolutions We have no observations to make on the reports issued in relation to the delegated powers proposed for the purpose: • of deciding to issue shares or any other negotiable securities
Slide 123: Philippe Bénacin
Philippe Bénacin Vice-Chairman of the Supervisory Board Chairman of the Corporate Governance Nominations and Remuneration Committee
Slide 124: 2021 compensation of corporate officers
2021 compensation of corporate officers (5th to 13th resolutions) Overall vote for all Vivendi corporate officers (5th resolution) Compensation of the Chairman of the Supervisory Board (6th resolution) Compensation of the Chairman of the Management Board (7th resolution) Compensation of the members
Slide 125: Compensation policy for 2022
Compensation policy for 2022 (14th to 16th resolutions) Chairman of the Supervisory Board (14th resolution) Members of the Supervisory Board (15th resolution) Chairman and members of the Management Board (16th resolution) • Bonus: increase in the weighting of ESG criteria from 12% to 15% • Performan
Slide 126: Changes to governance
Changes to governance (17th to 21st resolutions) Supervisory Board (5 independents including 4 women): • Renewal of the term of office of Philippe Bénacin (17th resolution) • Renewal of the term of office of Cathia Lawson-Hall (18th resolution) • Renewal of the term of office of Michèle Reiser (19th
Slide 127: Frédéric Crépin
Frédéric Crépin General Counsel
Slide 128: Questions/Answers
Questions/Answers vivendi
Slide 129: Resolutions submitted and summary of votes cast
Resolutions submitted to the Combined General Shareholders’ Meeting and summary of votes cast remotely and via the Internet
Slide 130: First resolution
First resolution (Ordinary Meeting) ❑ Approval of the parent company financial statements for fiscal year 2021 Combined General Shareholders’ Meeting– April 25, 2022
Slide 131: Second resolution
Second resolution (Ordinary Meeting) ❑ Approval of the consolidated financial statements for fiscal year 2021 Combined General Shareholders’ Meeting– April 25, 2022
Slide 132: Third resolution
Third resolution (Ordinary Meeting) ❑ Approval of the Statutory Auditors’ special report on regulated related-party agreements Combined General Shareholders’ Meeting– April 25, 2022
Slide 133: Fourth resolution
Fourth resolution (Ordinary Meeting) ❑ Allocation of earnings for fiscal year 2021, setting of the dividend and its payment date Combined General Shareholders’ Meeting– April 25, 2022
Slide 134: Fifth resolution
Fifth resolution (Ordinary Meeting) ❑ Approval of the information referred to in Article L. 22-10-9 I. of the French Commercial Code as set out in the corporate governance report Combined General Shareholders’ Meeting– April 25, 2022
Slide 135: Sixth resolution
Sixth resolution (Ordinary Meeting) ❑ Approval of the components of compensation and benefits-in-kind paid during or allocated for 2021 to Yannick Bolloré, Chairman of the Supervisory Board Combined General Shareholders’ Meeting– April 25, 2022
Slide 136: Seventh resolution
Seventh resolution (Ordinary Meeting) ❑ Approval of the components of compensation and benefits-in-kind paid during or allocated for 2021 to Arnaud de Puyfontaine, Chairman of the Management Board Combined General Shareholders’ Meeting– April 25, 2022
Slide 137: Eighth resolution
Eighth resolution (Ordinary Meeting) ❑ Approval of the components of compensation and benefits-in-kind paid during or allocated for 2021 to Gilles Alix, member of the Management Board Combined General Shareholders’ Meeting– April 25, 2022
Slide 138: Ninth resolution
Ninth resolution (Ordinary Meeting) ❑ Approval of the components of compensation and benefits-in-kind paid during or allocated for 2021 to Cédric de Bailliencourt, member of the Management Board Combined General Shareholders’ Meeting– April 25, 2022
Slide 139: Tenth resolution
Tenth resolution (Ordinary Meeting) ❑ Approval of the components of compensation and benefits-in-kind paid during or allocated for 2021 to Frédéric Crépin, member of the Management Board Combined General Shareholders’ Meeting– April 25, 2022
Slide 140: Eleventh resolution
Eleventh resolution (Ordinary Meeting) ❑ Approval of the components of compensation and benefits-in-kind paid during or allocated for 2021 to Simon Gillham, member of the Management Board Combined General Shareholders’ Meeting– April 25, 2022
Slide 141: Twelfth resolution
Twelfth resolution (Ordinary Meeting) ❑ Approval of the components of compensation and benefits-in-kind paid during or allocated for 2021 to Hervé Philippe, member of the Management Board Combined General Shareholders’ Meeting– April 25, 2022
Slide 142: Thirteenth resolution
Thirteenth resolution (Ordinary Meeting) ❑ Approval of the components of compensation and benefits-in-kind paid during or allocated for 2021 to Stéphane Roussel, member of the Management Board Combined General Shareholders’ Meeting– April 25, 2022
Slide 143: Fourteenth resolution
Fourteenth resolution (Ordinary Meeting) ❑ Approval of the compensation policy for the Chairman and members of the Supervisory Board for 2022 Combined General Shareholders’ Meeting– April 25, 2022
Slide 144: Fifteenth resolution
Fifteenth resolution (Ordinary Meeting) ❑ Approval of the compensation policy for the Chairman of the Management Board for 2022 Combined General Shareholders’ Meeting– April 25, 2022
Slide 145: Sixteenth resolution
Sixteenth resolution (Ordinary Meeting) ❑ Approval of the compensation policy for members of the Management Board for 2022 Combined General Shareholders’ Meeting– April 25, 2022
Slide 146: Seventeenth resolution
Seventeenth resolution (Ordinary Meeting) ❑ Renewal of the term of office of Philippe Bénacin as a member of the Supervisory Board Combined General Shareholders’ Meeting– April 25, 2022
Slide 147: Eighteenth resolution
Eighteenth resolution (Ordinary Meeting) ❑ Renewal of the term of office of Cathia Lawson-Hall as a member of the Supervisory Board Combined General Shareholders’ Meeting– April 25, 2022
Slide 148: Nineteenth resolution
Nineteenth resolution (Ordinary Meeting) ❑ Renewal of the term of office of Michèle Reiser as a member of the Supervisory Board Combined General Shareholders’ Meeting– April 25, 2022
Slide 149: Twentieth resolution
Twentieth resolution (Ordinary Meeting) ❑ Renewal of the term of office of Katie Stanton as a member of the Supervisory Board Combined General Shareholders’ Meeting– April 25, 2022
Slide 150: Twenty-first resolution
Twenty-first resolution (Ordinary Meeting) ❑ Appointment of Maud Fontenoy as a member of the Supervisory Board Combined General Shareholders’ Meeting– April 25, 2022
Slide 151: Twenty-second resolution
Twenty-second resolution (Ordinary Meeting) ❑ Authorization granted to the Management Board for the Company to repurchase its own shares, within the limit of 10% of the Company’s share capital Combined General Shareholders’ Meeting– April 25, 2022
Slide 152: Twenty-third resolution
Twenty-third resolution (Extraordinary Meeting) ❑ Authorization granted to the Management Board to reduce the Company’s share capital by canceling shares, within the limit of 10% of the share capital Combined General Shareholders’ Meeting– April 25, 2022
Slide 153: Twenty-fourth resolution
Twenty-fourth resolution (Extraordinary Meeting) ❑ Authorization to the Management Board to make a public share buyback offer (OPRA) targeting all shareholders, within the limit of 50% of the share capital at a maximum purchase price of at €16 per share and to perform the share capital reduction Com
Slide 154: Twenty-fifth resolution
Twenty-fifth resolution (Extraordinary Meeting) ❑ Delegation of authority granted to the Management Board to increase the Company’s share capital in favor of employees and retirees who are members of the Vivendi Group Employee Stock Purchase Plan with cancellation of shareholders’ preferential subsc
Slide 155: Twenty-sixth resolution
Twenty-sixth resolution (Extraordinary Meeting) ❑ Delegation of authority granted to the Management Board to increase the share capital in favor of employees of Vivendi’s foreign subsidiaries who are members of Vivendi’s International Group Employee Stock Purchase Plan or for the purpose of implemen
Slide 156: Twenty-seventh resolution
Twenty-seventh resolution (Extraordinary Meeting) ❑ Powers to carry out formalities Combined General Shareholders’ Meeting– April 25, 2022
Slide 157: Vivendi - Creation unlimited
vivendi Creation unlimited
Slide 158: Important Disclaimers
Important Disclaimers Cautionary Note Regarding Forward-Looking Statements. This presentation contains forward-looking statements with respect to Vivendi’s financial condition, results of operations, business, strategy, plans and outlook, including the impact of certain transactions and the payment