Lagardere S A : Remuneration policy of the members of the Board (260507 lsa remuneration policy of the members of the board)

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Paris, 7 May 2026 REMUNERATION POLICY FOR THE MEMBERS OF THE BOARD OF DIRECTORS APPROVED BY THE SHAREHOLDERS AT THE GENERAL MEETING HELD ON 5 MAY 2026 In accordance with the provisions of articles R. 22-10-14 IV of the French Commercial Code (Code de commerce), the remuneration policy for the members of the Board of Directors approved by the Annual Ordinary General Meeting of shareholders held on 5 May 2026 (resolution n°9 adopted at 99.97 % ) are set out below. 2026 REMUNERATION POLICY FOR THE MEMBERS OF THE BOARD OF DIRECTORS Pursuant to articles L. 225-45, L. 22-10-8 and L. 22-10-14 of the French Commercial Code, the members of the Board of Directors are paid an annual fixed fee whose amount is set by the shareholders at the General Meeting of shareholders. The allocation of this sum is then determined in the remuneration policy set by the Board of Directors and submitted for shareholder approval at the Annual General Meeting. The same procedure will be followed for any subsequent revision of the remuneration policy. In accordance with the recommendations of the Afep-Medef Code, the Board of Directors ensures that the amount of remuneration is commensurate with the level of responsibilities assumed by directors and the time they are required to devote to their duties, and that it is aligned with the rules of good governance (Afep-Medef Code, AMF and HCGE recommendations on corporate governance, voting policies of proxy advisory firms, etc.) as well as with market practices observed. At its meeting on 19 February 2026, on the recommendation of the Appointments, Remuneration and CSR Committee, the Board of Directors decided to maintain the overall annual amount of fees allocated to members of the Board of Directors of €997,500. Based on the recommendation of the Appointments, Remuneration and CSR Committee, the Board of Directors also decided to maintain the basis for awarding remuneration to directors for attendance at meetings of the Board of Directors and the Board Committees, as approved by the 29 April 2025 General Meeting. These rules apply to all members of the Board of Directors, including members representing Group employees: ▶ each member of the Board of Directors is entitled to one basic fixed annual portion of €20,000 ; ▶ each member of a Board Committee is entitled to one basic fixed annual portion of €10,000 ; ▶ the Chairs of the Board and the Board Committees are entitled to one additional fixed annual portion of €5,000 ; ▶ each attendance at a Board or Board Committee meeting gives entitlement to one variable portion of €4,000 per meeting (excluding meetings involving simple written consultations). It should be noted that there is only one session of the plenary committee bringing together the members of the Audit Committee and the Appointments, Remuneration and CSR Committee; ▶ in accordance with the Articles of Association, the Board of Directors may decide to transfer part of the remuneration that the Ordinary General Meeting has allocated to the members of the Board of Directors to the Board Advisor. On the recommendation of the Appointments, Remuneration and CSR Committee, the Board of Directors decided to change the method of payment for remuneration which, from 2026, will be paid by Lagardère SA on a quarterly basis at the beginning of the following month for remuneration due in respect of the previous quarter. In accordance with the recommendations of the Afep-Medef Code, the members of the Board of Directors do not receive any further variable remuneration, share or performance share options, or any further benefits for their role as directors. However, in accordance with the applicable legal provisions, the employee directors hold employment contracts with the Company or one of its subsidiaries and therefore receive remuneration corresponding to their position (salary and, where applicable, any incentives, profit sharing, variable remuneration and/or free shares). The policy applied takes into account members' actual attendance at Board and Board Committee meetings when determining the variable portion, which makes up the majority of their overall remuneration . The policy therefore ensures that the directors receive reasonable, balanced and fair remuneration that is fully aligned with the corporate and long-term interests of the Company. The Board of Directors may decide to make an exception to the remuneration policy by modifying the criteria applicable to the overall fees or by allocating an additional portion to one or more members in consideration for the completion of specific ad hoc missions. Any such temporary exception would be made public and justified notably with regard to the Group's corporate interests.

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