Vivendi: Annual General Shareholders’ Meeting Approves All Resolutions

Rhea-AI Summary

The Combined Annual General Meeting (AGM) of Vivendi shareholders took place at Olympia in Paris, with a quorum of 69.89%. All 32 resolutions were approved, including the appointment of Sébastien Bolloré to the Supervisory Board and the renewal of Cyrille Bolloré's term for four years. Shareholders also approved a cash dividend of €0.25 per share for the fiscal year 2022, with the ex-dividend date set for April 25, 2023, and payment commencing on April 27, 2023. The Supervisory Board noted an increase in favorable votes regarding executive compensation and will reassess the roles of the Chairman and Management Board members in consultation with the Corporate Governance Committee. Detailed voting results are available on Vivendi's website.

Positive

• All 32 resolutions at the AGM were approved unanimously.
• A cash dividend of €0.25 per share was approved, reflecting shareholder value.
• Sébastien Bolloré was appointed to the Supervisory Board, strengthening leadership.

Negative

• None.

PARIS--(BUSINESS WIRE)-- Regulatory News:

The Combined Annual General Meeting (AGM) of Vivendi (Paris:VIV) shareholders was held today at L'Olympia in Paris under the chairmanship of Yannick Bolloré with a quorum of 69.89% of shareholders present or represented.

The shareholders approved all 32 resolutions presented to the AGM on an ordinary and extraordinary (requiring a two-thirds majority) basis.

The AGM appointed Sébastien Bolloré as a member of the Supervisory Board and renewed Cyrille Bolloré's term of office as a member of the Supervisory Board, each for a period of four years.

The AGM also approved the distribution of an ordinary cash dividend of €0.25 per share with respect to fiscal year 2022. The ex-dividend date will be April 25, 2023, and payment will be made as from April 27, 2023.

The Supervisory Board welcomes the increase in positive votes on some resolutions related to the say on pay. It will re-examine the situation of the Chairman of the Supervisory Board and the members of the Management Board who have operational roles within the group's main businesses following consultation with the Corporate Governance, Nominations and Remuneration Committee. Vivendi will pursue its dialogue with proxy advisory firms and its shareholders.

Details of the votes and the video recording of the AGM are available on the group's website : https://www.vivendi.com/en/shareholders-investors/shareholders-meeting/.

About Vivendi

About Vivendi Since 2014, Vivendi has been building a world-class content, media and communications group. The group owns leading, highly complementary assets in television and movies (Canal+ Group), communications (Havas), publishing (Editis), magazines (Prisma Media), video games (Gameloft) and live entertainment and ticketing (Vivendi Village). It also owns a global digital content distribution platform (Dailymotion). Vivendi’s various businesses cohesively work together as an integrated industrial group to create greater value. Vivendi is committed to the environment and aims to help mitigate climate change by adopting an approach aligned with the 2015 Paris Agreements. In addition, the group is helping to build more open, inclusive and responsible societies by supporting diverse and inventive creative works, promoting broader access to culture, education and its businesses, and increasing awareness of 21st -century challenges and opportunities. www.vivendi.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20230424005562/en/

Vivendi

Source: Vivendi

FAQ

What were the main outcomes of Vivendi's AGM held in April 2023?

Vivendi's AGM approved all 32 resolutions, including a €0.25 per share cash dividend and key appointments to the Supervisory Board.

When is the ex-dividend date for Vivendi's 2022 cash dividend?

The ex-dividend date for Vivendi's cash dividend is April 25, 2023.

Who was appointed to the Supervisory Board during Vivendi's AGM?

Sébastien Bolloré was appointed as a member of the Supervisory Board at Vivendi's AGM.

What percentage of Vivendi shareholders participated in the AGM?

A quorum of 69.89% of Vivendi shareholders was present or represented at the AGM.