Vivendi: Make-whole Redemption

Business Wire
2024-12-09

Optional Redemption Amount and Redemption Rate Announcement

To the Holders of the EUR 500,000,000 1.875 Per Cent. Notes Due 26 May 2026 Issued by Vivendi SE on 26 May 2016

ISIN: FR0013176310

PARIS, December 09, 2024--(BUSINESS WIRE)--Regulatory News:

Reference is made to the terms and conditions included in the prospectus dated 24 May 2016 which was approved by the Autorité des marchés financiers under n°16-197 on 24 May 2016, (the "Terms and Conditions"), of the EUR 500,000,000 aggregate principal amount of 1.875 per cent. Notes due 26 May 2026 (the "Notes") issued by Vivendi SE (the "Issuer") (Paris:VIV).

All capitalized terms used herein and not otherwise defined in this notice shall have the meanings assigned to them in the Terms and Conditions.

On 14 November 2024, the Issuer gave irrevocable notice to all Noteholders that it has elected to exercise its make-whole redemption option of the outstanding Notes, in whole, in accordance with Condition 5(i) (Make-whole redemption option) of the Terms and Conditions (the "Redemption"), subject to the adoption by the Issuer’s Combined General Shareholders’ Meeting to be held on 9 December 2024 of all the resolutions (and such resolutions becoming effective) regarding the proposed spin-off of the Issuer’s group submitted to its vote, as such resolutions are set forth in the notice of meeting (avis de réunion) published in the Bulletin des Annonces Légales Obligatoires (BALO) on 30 October 2024 and available on the Issuer’s website (https://www.vivendi.com/en/shareholders-investors/shareholders-meeting/) and may subsequently be amended or completed by the Issuer’s Management Board (Directoire) at its own initiative, as the case may be (the "Condition").

NOTICE IS HEREBY GIVEN that the details of the Redemption, which remains subject to the satisfaction of the Condition, are as follows:

Optional Redemption Date:

13 December 2024

Optional Redemption Amount (per Note):

EUR 101,032.53

Redemption Rate:

2.109 per cent.

Redemption Margin:

0.25 per cent.

Method of Payment:

In accordance with Condition 6 (Payments) of the Terms and Conditions.

The results of the Issuer’s Combined General Shareholders’ Meeting being held today will be published by the Issuer in a press release and made available on its website. For the avoidance of doubt, should the Issuer’s Combined General Shareholders’ Meeting be cancelled or not held, no Redemption should occur.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241209870512/en/

Contacts

Vivendi SE
Represented by: François Laroze
Title: Chief Financial Officer

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