Worldline (WLN) EGM 2026 summary

Opening remarks and agenda

• Meeting opened with a welcome, confirmation of live broadcast, and introduction of board and management present.

• Quorum confirmed at 55.63%, exceeding the required 25%.

• Bureau constituted with scrutineers from major shareholders and presence of auditors.

• Agenda and resolutions published in advance, including transformation plans, financial management, and 13 resolutions to be voted on.

Specific resolutions to be voted on

• Capital reduction by lowering nominal share value to €0.02 to secure future capital increase.

• €500 million capital increase: €110 million reserved for key financial institutions, €390 million open to all shareholders.

• Share consolidation: 1 new share of €0.80 for 40 old shares of €0.02.

• Renewal of delegations for employee share plans and technical reverse share split.

• Resolutions interdependent; all must be approved for transaction to proceed.

Strategic initiatives and plans

• North Star 2030 plan focuses on streamlining, platform convergence, operational integration, and commercial performance.

• Plan phased over four years, aiming for positive EBITDA contribution from 2027 and €620M adjusted EBITDA from transformation over 2026–2030.

• Key growth targets: 4% CAGR from 2027–2030, €1 billion+ EBITDA by 2030, and €300–350 million free cash flow.

• Ongoing rationalization, platform convergence, and automation, with four platforms decommissioned in 2025.

• Sale of four non-strategic assets in 2025 expected to generate €510–560M.