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QIA - QH LLC - Press Statement – Lagardere

9/22/2020

Doha – 22 September 2020

Statement from Qatar Holding LLC
 

Qatar Holding (QH) acknowledges the request by two core shareholders of Lagardère SCA to obtain a board representation.

In this context, QH considers it legitimate that all significant shareholders be fairly represented, in order to ensure a renewed consensus on the company's future and strategy. Such consensus will enhance value creation for all shareholders of Lagardère SCA.

As a long-term investor that remains committed to its investment in the company, QH confirms that it reserves the right to be represented as one of the core shareholders on the Supervisory Board of the company.

QH is not acting in concert with any party in relation to Lagardère SCA.

 

Communiqué de Qatar Holding LLC 
 

Qatar Holding (QH) a pris note de la demande formulée par deux actionnaires de référence de Lagardère SCA d'obtenir une représentation à son Conseil de surveillance.

Dans ce contexte, QH considère légitime que l'ensemble des actionnaires significatifs soient équitablement représentés de telle sorte à retrouver un consensus sur le futur et la stratégie de la Société. Un tel consensus sera de nature à favoriser la création de valeurs pour l'ensemble des actionnaires de Lagardère SCA.

En qualité d'investisseur long terme qui demeure engagé au côté de la Société, QH confirme se réserver le droit d'être représenté au Conseil de surveillance compte tenu de sa qualité d'actionnaire de référence de la Société.

QH n'agit de concert avec aucun tiers concernant Lagardère SCA.

 

Qatar Investment Authority (QIA)

+44 (0) 20 7353 4200 Media@qia.qa www.qia.qa

 

Qatar Investment Authority

Qatar Investment Authority (“QIA") is the sovereign wealth fund of the State of Qatar. QIA was founded in 2005 to invest and manage the state reserve funds. QIA is among the largest and most active sovereign wealth funds globally. QIA invests across a wide range of asset classes and regions as well as in partnership with leading institutions around the world to build a global and diversified investment portfolio with a long-term perspective that can deliver sustainable returns and contribute to the prosperity of the State of Qatar.



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