BELIEVE: directors' dealings · France · AMF

About BELIEVE

Believe is a French music technology and services group focused on digital distribution, artist and label services, catalog marketing, publishing, and royalty optimization. Founded in 2005 by Denis Ladegaillerie, Arnaud Chiaramonti and Nicolas Laclias, the company was built around a clear mission: to help independent artists and labels grow their careers through technology, data, and commercial support. From its origins in digital music distribution, Believe has evolved into a global platform serving music creators and rights holders across a broad range of markets. On its corporate website, the group says it has been shaping the industry since 2005 and operates in more than 50 countries, with more than 2,000 employees worldwide. In 2024, it highlighted more than 800 billion cumulative streams, €1.3 billion in digital music sales, and €988 million in revenue. Believe’s business model combines technology and services across several complementary segments. Its core activity is digital distribution, enabling artists and labels to place their music on major streaming and download platforms while also providing analytics, promotional tools, and monetization support. The group also operates Artist Services & Development, a line dedicated to helping acts scale their audience and commercial footprint through tailored marketing and catalog management. Another strategic pillar is music publishing: Believe strengthened this capability by acquiring Sentric in 2023 and later launching a global digital-first publishing division in 2025 to support songwriters and optimize publishing revenues. This diversified approach has allowed Believe to build a strong position among independent music companies and to deepen relationships with local music communities in Europe, Asia, Latin America, the Middle East, Africa and beyond. From a capital markets perspective, Believe was listed on Euronext Paris in June 2021 under ISIN FR0014003FE9 and ticker BLV, following an IPO that raised €300 million and implied a market capitalization of €1.9 billion at admission. Euronext’s 2025 company pages show that Believe later became subject to a public buyout offer and a mandatory squeeze-out, indicating that the company left the regulated market in 2025. Key milestones in Believe’s development include surpassing €1 billion of digital music sales in 2022 and pursuing a strategy of selective bolt-on acquisitions to expand its platform, technology capabilities and international reach.