VIVENDI SE: insider trades · France · AMF

About VIVENDI SE

Vivendi SE is a French-listed group whose roots go back to Compagnie Générale des Eaux, created by imperial decree on 14 December 1853. Over more than a century and a half, the company has undergone a major strategic reinvention, evolving from a utility and infrastructure business into a content, media, and entertainment platform. In 1998, the group adopted the Vivendi name, reflecting its break from the legacy of the water business and its shift toward communication and intellectual-property-driven activities. Today, Vivendi SE operates primarily as an investment and holding company focused on strategic stakes in media, culture, and entertainment assets. Its portfolio includes Gameloft, a globally recognized video game publisher; Universal Music Group, the world’s leading music company; Banijay, a major audiovisual production and online sports betting player; Lagardère, active in publishing and travel retail; MediaForEurope; and Prisa. Vivendi also highlights V Collection, dedicated to media and cultural content linked to the luxury sector. The group has been reshaping its portfolio in recent years. In 2024, Vivendi completed the separation of Canal+, Havas, and Louis Hachette Group, which materially changed its composition and strengthened the visibility of the new Vivendi profile. This restructuring has made the company more clearly focused on holding high-quality stakes and optimizing the value of listed and strategic assets. Operationally, Vivendi’s 2025 performance improved, with revenue of €307 million, EBITA of €45 million, and net income attributable to the group of €20 million. Financial net debt stood at €1.5 billion at 31 December 2025, down materially from year-end 2024, while the listed holdings portfolio was valued at €5.532 billion. These figures point to a stronger balance sheet and disciplined capital management. Vivendi’s geographic footprint remains international, but its business model is now best understood as that of a strategic shareholder with exposure to global media and entertainment franchises rather than a fully integrated operating conglomerate. Its key areas of exposure span recorded music, video games, publishing, television, audiovisual production, digital media, and luxury-oriented cultural content. This gives Vivendi a distinctive market position at the intersection of media ownership, content monetization, and long-term asset value creation.