Business
Completion of Acquisition of Minority Stake in UGC
Canal+ S.A. announced on November 7, 2025, the successful completion of its acquisition of a 34% minority stake in UGC, a leading French cinema group. This strategic investment includes a potential path for Canal+ to gain control of UGC from 2028. This move further solidifies Canal+'s presence within the audio-visual value chain and the French entertainment market, potentially signaling future growth and market consolidation to investors. Disclaimer*

About this update from Canal+ Sa
Press release CANAL+ SA (LSE: CAN) Issy-les-Moulineaux, 7 November 2025 CANAL+ CONFIRMS ACQUISITION OF MINORITY STAKE IN LEADING FRENCH CINEMA GROUP, UGC CANAL+ Group today announced that it has completed its acquisition of a minority stake (34%) in UGC, the historic French cinema player. The deal includes a potential path to control from 2028. - ENDS - ABOUT CANAL+ Founded as a French subscription-TV channel 40 years ago, CANAL+ is now a global media and entertainment company. On 22 September 2025, CANAL+ confirmed it is in effective control of MultiChoice Group and beginning the integration process. MultiChoice is Africa's leading entertainment platform, offering a wide range of products and services, including DStv, GOtv, Showmax, M-Net, SuperSport, Irdeto, and KingMakers. Together, the new combined group has 40 million subscribers worldwide, operates in over 70 countries and has approximately 17,000 employees. CANAL+ operates across the entire audio-visual value chain, including production, broadcast, distribution and aggregation. It is home to STUDIOCANAL , a leading film and television studio with worldwide production and distribution capabilities; Dailymotion , major international video platform powered by cutting-edge proprietary technology for video delivery, advertising, and monetization; CANAL+ Distribution , a production and distribution company specialising in creating and distributing diverse content and channels; and telecommunication services, through GVA in Africa and CANAL+ Telecom in the French overseas jurisdictions and territories. CANAL+ also has significant equity stakes in Viaplay (the Pay-TV leader in Scandinavia) and Viu (a leading OTT platform in Southern Asia). canalplusgroup.com/en CONTACTS Elvire Charbonnel - Corporate Communications: [email protected] Andrew Swailes - Financial Communications: [email protected] Alima Levy - Investor Relations: [email protected]