Core Viewpoint - JCDecaux SE plans to sell an additional 10.85% stake in APG|SGA to NZZ, reducing its ownership to approximately 5.6% after the transaction is completed [1][2] Group 1: Transaction Details - JCDecaux SE previously sold about 13.56% of APG|SGA's share capital to NZZ on May 29, 2024 [1] - The new share purchase agreement signed on December 11, 2025, involves the sale of 325,519 shares [1] - The transaction is expected to generate cash proceeds of approximately 71 million CHF (around 76 million EUR) for JCDecaux SE before transaction costs [2] Group 2: Conditions and Timeline - The completion of the transaction is subject to approval from APG|SGA shareholders regarding a selective opting up clause [2] - The transaction is anticipated to be finalized after the Annual General Meeting of APG|SGA in spring 2026 [2] Group 3: Company Overview - JCDecaux is the number one outdoor advertising company globally, with a revenue of €3,935.3 million in 2024 and €1,868.3 million in H1 2025 [7] - The company operates over 1 million advertising panels worldwide and reaches a daily audience of 850 million people across more than 80 countries [7] - JCDecaux is recognized for its sustainability efforts and has received high ratings from various environmental performance indices [7]

Core Insights - JCDecaux Dicon received the "Excellence in Long-Term Partnership" award at the OneDXB Airport Excellence Awards, recognizing 17 years of collaboration with Dubai Airports [1][2] - Dubai Airports recorded 92.3 million passengers in 2024, surpassing its previous peak of 89.1 million in 2018, with over 46 million travelers in the first half of 2025 [2] - JCDecaux Dicon has transformed the advertising landscape at Dubai International Airport through innovative and tailored media solutions [3][4] Company Performance - JCDecaux reported a revenue of €3,935.3 million for 2024 and €1,868.3 million for the first half of 2025 [6] - The company is the number one out-of-home media company globally, with a daily audience of 850 million people across more than 80 countries [6] - JCDecaux operates 1,091,811 advertising panels worldwide and is present in 3,894 cities with populations over 10,000 [6] Industry Position - JCDecaux is recognized as the leader in outdoor advertising across various regions, including Europe, Asia-Pacific, Latin America, and Africa [8] - The company has a significant presence in transport advertising, with contracts in 157 airports and 257 contracts in metros, buses, trains, and tramways [6][8] - JCDecaux is committed to sustainability, having its carbon reduction trajectory approved by the SBTi and joining the Euronext Paris CAC® SBT 1.5° index [6]

Group 1 - JCDecaux SE published its 2024 Universal Registration Document, filed with the French Financial Markets Authority in ESEF format [2][5] - The document includes the 2024 annual financial report, corporate governance report, share buyback program description, management report with sustainability information, and vigilance plan [5] - JCDecaux reported 2024 revenue of €3,935.3 million, maintaining its position as the number one outdoor advertising company worldwide [5] Group 2 - The company reaches a daily audience of 850 million people across more than 80 countries [5] - JCDecaux operates 1,091,811 advertising panels globally and is present in 3,894 cities with populations over 10,000 [5] - The company employs 12,026 individuals and is listed on the Eurolist of Euronext Paris, part of the SBF 120 and CAC Mid 60 indexes [5] Group 3 - JCDecaux is recognized for its extra-financial performance, achieving ratings such as CDP (A), MSCI (AAA), and Sustainalytics (13.1), along with a Gold Medal from EcoVadis [5] - The company is the first out-of-home media company to join the RE100 initiative [5] - JCDecaux leads in various segments, including street furniture with 629,737 advertising panels, transport advertising with 340,848 panels, and is the number one in outdoor advertising across multiple regions including Europe, Asia-Pacific, Latin America, Africa, and the Middle East [5]