New UK regulations were laid in June 2019 to meet the EU’s Shareholder Rights Directive and improve transparency of information on how trustees engage with their asset managers. It encourages investors and asset managers to have a more long-term investment focus.

Vivendi Corporate Trustee Limited, in its capacity as Trustee to the Vivendi 2008 Deferred Members’ Scheme, has drawn an Engagement Policy Implementation Statement (“EPIS”) which sets out details of the Scheme’s investment arrangements, based on the principles set out in its Statement of Investment Principles (“SIP”) dated January 2021. The EPIS should be read in conjunction with the SIP.