Worldline (WLN) EGM 2026 summary

Opening remarks and agenda

• Meeting opened with acknowledgment of management, board, auditors, and stakeholders, with live broadcast in French and English.

• Required documents and quorum (55.63%) confirmed; agenda and resolutions published in advance.

• Introduction by the Chairman and presentation of the agenda, including transformation plans, financial management, and voting on resolutions.

• Bureau constituted with representatives from major shareholders and auditors present.

Specific resolutions to be voted on

• Capital reduction by lowering nominal share value to €0.02 and technical reverse share split (1 new share of €0.80 for 40 old shares of €0.02).

• Capital increase of €500 million: €110 million reserved for key financial institutions, €390 million open to all shareholders with preferential rights.

• Renewal of delegations for capital increases reserved for employees and proxies.

• Resetting global nominal ceilings for capital increases and debt securities.

• All 13 resolutions, including technical and governance matters, were approved with strong majorities (96–99%).

Strategic initiatives and plans

• North Star 2030 plan targets growth, profitability, and cash generation, with phased implementation through 2030.

• Plan includes streamlining organization, platform convergence, operational integration, and commercial performance improvement.

• Targeting €620M adjusted EBITDA from transformation over 2026–2030, with a return to positive free cash flow in 2027.

• Divestment of four non-core assets in 2025 expected to generate €500–560 million, with proceeds used for deleveraging and investment.

• By 2030, aims for organic growth, improved profitability, operational efficiency, and enhanced capital allocation flexibility.