CIAM requests adjournment of Vivendi general meeting

Vivendi has been summoned by CIAM, a minority shareholder, to postpone the general meeting of December 9, 2024. CIAM, holding 0.025% of the capital, is contesting Vivendi's proposed split. It has filed a substantive action with the Paris Commercial Court and an appeal before the Paris Court of Appeal against a recent decision of the AMF.

The ISS and Glass Lewis agencies have recommended approval of the project. Vivendi emphasizes open discussions with stakeholders and compliance with stock market regulations. The company wants to let shareholder democracy express itself, while preparing to take legal measures against CIAM's actions.