Committee meeting minutes

Committee meeting minutes

The Committee meets three times per year. One meeting is held after the first half-yearly results and another before the General Shareholders’ Meeting, an occasion devoted to dialogue between the group and its individual shareholders. The Committee also attends the General Shareholders’ Meeting.

 

SHAREHOLDERS’ COMMITTEE MEETING ON MARCH 9, 2018

The Committee meeting began with a friendly chat with Cédric de Bailliencourt, member of the management Board, Vice-Chairman and Chief Financial Officer of Bolloré Group. Commenting the Group’s News, he reminded the group’s ambitious strategy to build a content, media, communications leader with Havas’ coming. Their expertise in consumer science, data analytics and new creative formats are today essential for an industry in full transformation where offers and convergence between content, distribution and communication are multiplying.

Cédric de Bailliencourt continued the exchange by clarifying the strategic interest of Vivendi’s stake in Telecom Italia, by commenting on the amount of the next dividend, and delivering its analysis on the evolution of the share price.

 

Review of the Group’s 2017 results and 2018 guidance

Solange Maulini, Director of Press and individual shareholders Information, presented the key figures of Vivendi for 2017, detailing their evolution in particular for UMG, the growth of subscription and streaming activities, and for Canal+, the improvement of subscriptions in France and the excellent performance recorded internationally.

She also provided details on the evolution of the Group’s debt and highlighted the increase in the dividend that will be submitted to shareholders at the General Meeting on April, 19 for approval. In response to certain questions from the Committee, she also confirmed the success of the Paddington franchise and explained Dailymotion’s differentiation strategy against YouTube.

 

Vivendi’s digital communication

Jean-Louis Erneux, Vice President Press Relations and New Media of Vivendi, exposed to the Committee the issues related to the diffusion of information on the web and the social networks for the Group.

Regarding Vivendi’s website, he recalled the evolutions, particularly visual and graphic, made in recent years, before commenting on the regulatory and technical constraints governing the creation of a website. Jean-Louis Erneux also clarified thoughts on the website’s search engine as well as exclusively digital documents such as the Societal and Environmental Report.

 

Return on the new letter to the shareholders and presentation of Vivendi Sports

Christine Pigeyre, Vivendi’s Director of External Relations, presented to the committee the mock-up of the new Shareholders’ Letter realized with Havas. The Committee has been able to express some proposals such as the inclusion of a QR code allowing access to specific information (nominative, shareholders’ club …).

Christine Pigeyre then presented Vivendi Sports, a Vivendi Village’s new entity that manages sports events. She detailed the organization set up for the Tour de l’Espoir 2018 in Cameroon, before presenting the results of this event and the outlook of the entity for this year.

 

Closing lunch

A lunch gathered the participants of this session in a warm atmosphere. The members of the Committee were able to continue their discussions.

 



Shareholders’ Committee Meeting on October 13, 2017

Shareholders’ committee meeting on June 24, 2016

Shareholders’ Committee Meeting on March 27, 2015

Shareholders’ Committee Meeting on November 27, 2014

Shareholders Committee meeting of 20 septembre 2013

Shareholders Committee meeting of 25 January 2013

Shareholders’ Committee Meeting of September 21, 2012

Shareholders’ Committee Meeting of March 23, 2012 

Shareholders’ Committee Meeting of September 24, 2011

Shareholders’ Committee Meeting of April 1, 2011 

Shareholders’ Committee Meeting of September 24, 2010

Shareholders’ Committee Meeting of March 19, 2010

Shareholders’ Committee Meeting of September 22, 2009