The transaction completed in recent days to acquire 10% of the share capital of UMG, meaning that 20% of the capital is now owned by a consortium led by Tencent, as well as expressions of interest from other investors at potentially higher prices, have enabled the Board to consider the distribution of 60% of UMG’s share capital to Vivendi shareholders. These forward-looking statements are made as of the date of this press release, and Vivendi disclaims any intention or obligation to make, update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Subject to a favorable shareholder vote, Vivendi will proceed with this project, including a shareholder meeting to approve the distribution and subsequent closing of the transaction through the end of 2021. Before considering a positive vote, the Board of Directors wants a fair value for OMG in order to best serve the interests of shareholders and thereby support the implementation of a growth plan to become a global leader in content, media and communications. In addition, the Board of Directors will propose at the Annual General Meeting, to be convened on June 22, 2021 to approve the company’s financial statements, a common stock dividend of €0.60 per share for fiscal 2020. This document contains forward-looking statements regarding Vivendi’s financial condition, performance, strategy, plans and prospects. Since 2014, Vivendi has sought to create a world-class content, media and communications group with European roots. On March 29, 2021, a special meeting of Vivendi shareholders will be convened to amend the company’s charter to provide for such a distribution. In the distribution market, Vivendi acquired and repositioned the Dailymotion platform to create a new digital storefront for its content. In addition, with Vivendi Village, the group is exploring new forms of entertainment, franchising and ticketing in addition to its core business. While Vivendi believes that these forward-looking statements are based on reasonable assumptions, they are not a guarantee of future results. Investors and security holders may obtain a free copy of Vivendi’s filings with Autorité des Marchés Financiers at www. vivendi.com or directly from Vivendi.
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