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.

 

Vivendi Shareholders’ Committee Meeting of March 15, 2019

Presentation of the 2018 annual results

Solange Maulini, Vivendi’s Vice President, Shareholder Relations and Press Director, opened the meeting by presenting the Group’s good performance in 2018: sales and EBITA rose by + 11.3% (+4.9% at constant rates and perimeter) and 33.0% (+ 4.7% at constant rates and perimeter), respectively.

She gave a detailed overview of the positive evolution of each of Vivendi’s business units then commented on the cash position which stood at €176 million as of December 31, 2018, compared to net debt of €2,340 million euros as of December 31, 2017. She explained that this evolution resulted from the strong cash generation of the Group’s main businesses (Group CFFO up 13.8%) and the proceeds from the sale of equity interests (Ubisoft, Fnac Darty and Telefonica) for €2.2 billion.

Ms. Maulini also indicated that a dividend of €0.5 per share, up 11.1%, would be proposed to the General Shareholders Meeting on April 15, 2019, and explained the various resolutions on the agenda for the AGM.

She concluded her presentation by responding to the Committee’s questions, particularly about the process of opening up UMG’s share capital that is underway.

 

Presentation of the film on the Shareholders Information Department

The Shareholders’ Committee previewed a film about the services offered by Vivendi’s Shareholders Information Department. The members expressed their appreciation and made suggestions.

 

Editis

Laurence Daniel, Vice President, Mergers & Acquisitions gave an overview on Editis, the second largest French publisher that was recently acquired by Vivendi, by

In particular, she described the activities of the company’s Literature, Tourism/Practice, Youth and School Books businesses as well as the Logistics/Distribution business.

Ms. Daniel also explained the terms of Vivendi’s purchase of Editis and the strategy behind this acquisition.

 

Interview with Stéphane Roussel

Stéphane Roussel, a member of Vivendi’s Management Board, and Chief Operating Officer, and the Chief Executive Officer of Gameloft commented on the latest news about the Group and each of its businesses.

He recalled the strong growth of Universal Music Group’s revenues, driven by its streaming activities and explained the process of opening up UMG’s share capital. He commented on the characteristics and developments of each of the Group’s businesses as well as the long-term investment in Telecom Italia.

 

Gameloft

Pascal Sontag, the Communication Director of the mobile video game publisher, provided the Shareholders’ Committee with insight into each of Gameloft’s business lines before answering questions.

The meeting ended with a friendly lunch with the shareholder relations team.

 


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