Vivendi's 2020 General Shareholders' Meeting: All Resolutions Adopted
April 20 2020 - 1:48PM
Dow Jones News
Regulatory News:
Vivendi's 2020 Annual General Shareholders' Meeting (Paris:VIV),
held today in Paris under the chairmanship of Yannick Bolloré with
a quorum of 65.99% of shareholders represented, approved all the
resolutions submitted to the vote of the Meeting. Due to the
Covid-19 pandemic and the health measures imposed by the French
government, the Shareholders' Meeting was held without shareholders
in attendance and was broadcast live in its entirety on its website
and on Dailymotion.
The General Shareholders' Meeting renewed Yannick Bolloré as a
member of the Supervisory Board for a four-year term. It also
appointed Laurent Dassault as a member of the Supervisory Board for
a four-year term. The Supervisory Board now comprises 12 members:
six women and six men, including the member representing the
Group's employees and one member representing the Group's employee
shareholders. Six members of the Board are independent.
Vivendi's Supervisory Board, which met following today's General
Shareholders' Meeting, confirmed Yannick Bolloré as Chairman of the
Supervisory Board.
The shareholders approved the payment of an ordinary dividend of
EUR0.60 per share with respect to fiscal year 2019. The dividend
will be paid as from April 23, 2020, with an ex-dividend date of
April 21, 2020.
The results of the voting on the resolutions is available on
Vivendi's website at the following address:
www.vivendi.com/individual/shareholders-meeting. The slides
presented at the AGM and a video webcast are also available on the
website.
The bio of Laurent Dassault is attached to this press release. A
photo is available upon request. The bios of all members of the
Supervisory Board can be found on Vivendi's website at the
following address:
www.vivendi.com/vivendi-en/governance/supervisory-board.
Bio Laurent Dassault
Laurent Dassault graduated from École Supérieure Libre des
Sciences Commerciales Appliquées (ESLSCA) de Paris and also holds a
business law degree from Paris II-Assas University. After his
college education, he trained with the French Air Force. In 1978,
he served as an intelligence officer with the Jaguar squadron 3/3
Ardennes at the Nancy-Ochey air base. He became a captain in the
reserves in 1986.
In 1991, after 13 years in banking, Laurent Dassault joined
Dassault Investissements (part of the group founded by his
grandfather Marcel Dassault), in charge of indirect compensation
related to military aeronautical contracts. Tasked with
diversifying the group's investments, he took a particular interest
in expanding its holdings in art and vineyards, successfully
increasing the group's value. Profoundly forward looking and
business oriented, Laurent Dassault enjoys creating, innovating and
building. He is also very involved in many charitable and
humanitarian organizations.
Laurent Dassault currently sits on the boards of numerous
companies, mainly in the industry, finance, arts and philanthropy
sectors. He is also the co-manager of Artcurial Développement.
As a major art collector, he is particularly involved in the art
world on a personal level. Each year, for example, he organizes the
Marcel Duchamp prize, in partnership with the Pompidou Center, the
Modern Art Museum of Paris and the FIAC, and with the backing of
Lazard Frères Gestion. This prize was created to support French
artists and help them reach the international stage.
In 1994, Laurent Dassault became manager of Château Dassault, a
Saint-Emilion Grand Cru Classé, and he is now Chairman of Dassault
Wine Estates.
Corporate philanthropy and charitable work occupy an important
place in Laurent Dassault's life and work. In late 2013, he joined
the Association pour la Mémoire des Enfants Cachés et des Justes,
of which he is Treasurer. This association's main aim is to create
a historic trail in Chambon-sur-Lignon in France, commemorating the
town's role in protecting fugitive Jews during World War 2. Laurent
Dassault is personally involved with the project through the design
and creation of a Memorial garden.
Laurent Dassault became a Chevalier de la Légion d'honneur in
France in 2003 and Officier de l'Ordre de la Couronne in Belgium in
2006. France then named him Officier des Arts et des Lettres in
2008, Chevalier des Palmes Académiques in 2010, Officier de la
Légion d'Honneur in 2016 and Officier dans l'Ordre du Mérite
Agricole in 2018.
Important disclaimers
Each of Vivendi's businesses is closely monitoring the current
and potential effects of the COVID-19 pandemic outbreak. At this
point, it is impossible to determine with certainty how long it
will last and how it will impact Vivendi's revenues and annual
results. However, the revenues of certain businesses, notably Havas
Group, Editis and Vivendi Village, are expected to be affected in
the second quarter of 2020.
Unsponsored ADRs. Vivendi does not sponsor any American
Depositary Receipt (ADR) facility in respect of its shares. Any ADR
facility currently in existence is "unsponsored" and has no ties
whatsoever to Vivendi. Vivendi disclaims any liability in respect
of any such facility.
About Vivendi
Since 2014, Vivendi has been focused on building a world-class
content, media and communications group with European roots. In
content creation, Vivendi owns powerful, complementary assets in
music (Universal Music Group), movies and series (Canal+ Group),
publishing (Editis) and games (Gameloft) which are the most popular
forms of entertainment content in the world today. In the
distribution market, Vivendi has acquired the Dailymotion platform
and repositioned it to create a new digital showcase for its
content. The Group has also joined forces with several telecom
operators and platforms to maximize the reach of its distribution
networks. In communications, through Havas. the Group possesses
unique creative expertise in promoting free content and producing
short formats, which are increasingly viewed on mobile devices. In
addition, through Vivendi Village, the Group explores new forms of
business in live entertainment, franchises and ticketing that are
complementary to its core activities. Vivendi's various businesses
cohesively work together as an integrated industrial group to
create greater value. www.vivendi.com.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20200420005742/en/
CONTACT:
Vivendi
SOURCE: Vivendi
Copyright Business Wire 2020
(END) Dow Jones Newswires
April 20, 2020 13:33 ET (17:33 GMT)
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