Lagardere Sa · EURONEXT:MMB
Lagardere Sa — Merger or Acquisition (April 2021)
5 slides from Lagardere Sa's merger presentation, Apr 28, 2021
Slide 1: Proposed Conversion of Lagardère SCA into a Joint-Stock Company (Société Anonyme)
PROPOSED CONVERSION OF LAGARDÈRE SCA INTO A JOINT-STOCK COMPANY (SOCIÉTÉ ANONYME) April 28th, 2021
Slide 2: Overview of the Proposed Conversion
OVERVIEW OF THE PROPOSED CONVERSION ✓ A project to change the Group’s corporate form into a joint-stock company with a Board of Directors ✓ A conversion building upon a composed dialogue with shareholders ✓ A renewed governance allowing the representation of main shareholders A continuity of managem
Slide 3: Key Terms and Conditions
KEY TERMS AND CONDITIONS ▪ Conversion of the corporate form from a French partnership limited by shares (Société en Commandite par Actions) into a joint-stock company (Société Anonyme) ▪ Issuance of 10 million new shares to the General Partners to compensate for the loss of their rights. This compen
Slide 4: Evolution of the Governance with the Representation of Group's Main Shareholders
EVOLUTION OF THE GOVERNANCE WITH THE REPRESENTATION OF GROUP’S MAIN SHAREHOLDERS1 ▪ 11 members2 including independent board members – 3 board members, of which 2 independents, appointed upon proposal of Arnaud Lagardère – 3 board members, of which 2 independents, appointed upon proposal of Vivendi –
Slide 5: Shareholding Structure Post Conversion
SHAREHOLDING STRUCTURE POST CONVERSION Current Chart Title Post conversion Chart Title Other Other 23% / 24% 22% / 22% 29% / 23% 27% / 22% 131m shares 7% / 6% 141m shares 7% / 11% 8% / 6% 12% / 19% 20% / 16% 18% / 15% 13% / 20% 14% / 16% % ownership1 / % voting rights2 ▪ No modification of existing