Vivendi (VIV) AGM 2026 summary

Opening remarks and agenda

• The meeting was formally opened at Casino de Paris on April 21, 2026, with a provisional quorum of 69.56%, participation from the Supervisory Board, Management Board, and statutory auditors, and all legal formalities observed.

• The agenda included approval of 2025 accounts, dividend setting, auditor's report, remuneration approvals, board renewals, share buyback authorizations, and bylaw amendments.

Financial performance review

• Portfolio value at end-2025 was EUR 5.5 billion, down from 2024 due to asset sales; net debt reduced to EUR 1.5 billion from EUR 2.6 billion.

• 2025 revenue reached EUR 307 million (up 4%), EBITA/EBITDA EUR 45 million (from negative EUR 1 million), and net income EUR 20 million, reversing a EUR 6 billion loss in 2024.

• Gameloft revenue grew 4% to EUR 303 million, with EBITA up 88% to EUR 15 million; PC/console revenue share rose to 47%.

• Q1 2026 revenue was EUR 69 million, up 1.3% year-on-year, with PC/console now 51% of Gameloft revenue.

Board and executive committee updates

• Bernard Osta was co-opted to the Supervisory Board and will chair the Governance, Appointments, and Remuneration Committee; Maud Fontenoy's mandate was proposed for renewal.

• Laure Delahousse will chair the Audit and Sustainability Committee.

• The board will have six members, two-thirds independent, with gender parity.

• Compensation and benefits for all board members and executives for 2025 were submitted and approved.

• The Management Board's composition remains unchanged.