Dear Madam/Sir,
dear Shareholders,

The creation of Louis Hachette Group, following the successful partial demerger of the Vivendi group, marks the start of a collective adventure bringing together innovative leaders in their respective fields and a shared vision and energy.

A direct reference to the pioneering spirit of Louis Hachette, this new diversified global player comprises leaders in publishing (Lagardère Publishing), travel retail (Lagardère Travel Retail) and media (Prisma Media, Lagardère News and Lagardère Radio) as well as assets in entertainment and sport (Lagardère Live Entertainment and Lagardère Paris Racing). The new entity will give each of these businesses greater agility to leverage their full growth potential and capitalise on new opportunities for development, thereby maximising value creation for all Louis Hachette Group stakeholders.

With its sights firmly set on the future, Louis Hachette Group can count on the unwavering commitment of more than 34,000 employees in over 45 countries to face a future of exciting challenges and opportunities with energy and ambition. Their commitment to the values of knowledge, creation, innovation and high standards is a link between our different activities, enabling us to support talent from all backgrounds, imagine new formats and create tailor-made experiences. Backed by our unique know-how in publishing, travel retail and media, we are working to promote culture in France and abroad.

In its first financial year following its successful flotation on Euronext Growth Paris on 16 December 2024, Louis Hachette Group delivered a stellar performance, confirming the relevance of its strategic model and its development potential going forward. In terms of CSR, we intend to pursue and consolidate the long-standing commitments of Lagardère and Prisma Media, with our ambitions intact and aligned with the expectations of our various stakeholders.

I would also like to thank you, dear Shareholders, for your trust.

Jean-Christophe Thiery
Chairman and Chief Executive Officer of Louis Hachette Group