Worldline (WLN) AGM 2026 summary

Opening remarks and agenda

• The meeting was opened by the chairman, broadcast live in French and English, with a quorum of 62.68% for both ordinary and extraordinary sessions, and 27 resolutions on the agenda, including approval of accounts, board renewals, compensation, and share buybacks.

• The agenda and resolutions were published in advance, and all required documents were made available to shareholders.

• The meeting included presentations from the CEO, CFO, CSR committee chair, and statutory auditors, followed by a Q&A and voting.

Financial performance review

• 2025 was a challenging year, marked by a €4.7 billion goodwill impairment, portfolio pruning, and a €400 million capital increase.

• Revenue for 2025 (fully pruned scope) was €3.6 billion, adjusted EBITDA €631 million, and free cash flow -€72 million.

• Organic revenue declined by 2.7%, with merchant services slightly negative and financial services down 8% due to legacy contract terminations.

• Merchant services returned to positive growth in Q1 2026 (+1.6%), while financial services declined by 7.4%.

• Liquidity was reinforced with €1.1 billion in cash, €470 million equity, and €580 million M&A proceeds.

Board and executive committee updates

• The board was reduced to 10 directors, with 60% independence, 40% women, and 70% non-French members.

• Three directors were reappointed, and committee structures were reorganized to align with strategic priorities.

• Nearly 30% of the top 100 management positions were renewed, emphasizing diversity and transformation.