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 OF June 19, 2020

Due to the d health protection measures related to the Covid-19 pandemic, the meeting of the Vivendi Shareholders’ Committee held on June 19, 2020 was held by videoconference.

 

Conversation with Simon Gillham, a member of Vivendi’s Management Board

Simon Gillham, member of Vivendi’s Management Board, Chairman of Vivendi Village and Senior Executive Vice President Communications, opened the meeting. He gave an update on Vivendi’s most recent developments, including the acquisition of an interest in Lagardère.

Mr.  Gillham also answered the Committee’s questions about the consequences of the pandemic on the Group’s activities, the changes in the share price, the Group’s interests in Italy, the current and future positioning of Canal + France, and the planned IPO  of Universal Music Group (UMG) by 2023.

 

Update on the first quarter of 2020 revenues and review of the 2019 annual results

Solange Maulini, Vice President, Individual Shareholder Relations and Director press relations, recalled the Group’s presence across the entertainment, media and communication value chain, ranging from the discovery of talent to the creation, publishing and content distribution.

After explaining the changes in the main aggregates of the 2019 income statement and the revenues of the first quarter of 2020, Ms. Maulini highlighted Vivendi’s financial solidity, illustrated by a gearing ratio of 15% as of March 31, 2020, Moody’s has maintained its Baa2 rating.

Solange Maulini then reviewed the development of each of the Group’s main businesses and their major structuring transactions: UMG and the agreement with the consortium led by Tencent, Editis and the success of its integration and the pursuit of acquisitions, Canal+ Group and the successful and accretive acquisition of M7, and Vivendi and the interests in Banijay and Telecom Italia.

She finished her presentation by recalling Vivendi’s sustainable development model and Corporate Social Responsibility (CSR) commitments.

 

Information on the General Shareholders’ Meeting held on April 20, 2020

Christine Pigeyre, Vice President External Communications and Chairman of Vivendi Africa, explained the main differences between the typical organization of the shareholders’ meeting and the one implemented in the context of the Covid-19 pandemic, while emphasizing the large audience of the latter (2,925 live connections  and 665 replays).

She then answered the Committee’s questions about this virtual closed shareholders’ meeting.

 

Presentation on Vivendi’s response to the Covid-19 pandemic

Frédéric Valois, Vice President of Internal and Editorial Communications, first clarified that the Group’s entities, due to the diversity of their activities and geographic locations, were not affected by the pandemic at the same time and in the same way.

He then described the Group’s organization by business line, pointing out that the management of the crisis had been delegated to them.

Finally, he explained the numerous solidarity initiatives taken by Vivendi and its entities to fight the Covid-19 pandemic and its social and economic consequences.


Shareholders’ Committee Meeting on November 29, 2019

Shareholders’ Committee Meeting on March 15, 2019

Shareholders’ Committee Meeting on September 14, 2018

Shareholders’ Committee Meeting on March 9, 2018

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