Vivendi

Dominique Welcomme, Vice President, Employee Stcok Plans, Human Resources Department, Vivendi (ASDR 2008)

« The Vivendi group has adopted a policy of encouraging employee shareholding, and has strengthened its efforts on behalf of this type of share acquisition over the last two years. In 2008, we launched an international employee shareholding operation called Opus 08. The goal of this leveraged, capital-guaranteed operation is to enable all employees of the group, in the major countries where it operates, to benefit from the advantages of employee shareholding without risk and simultaneously to increase the percentage of capital held by employees. The capital increase was carried out on July 24, 2008 and resulted in the creation of 4.5 million new shares, or 0.4% of Vivendi’s total equity, raising the rate of share ownership by Vivendi employees from 1% to 1.4%. Due to the success of Opus 08, which has oversubscribed, the decision was made to renew the operation and launch Opus 09 in the summer of 2009. »