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Wendel (WNDLF) Shareholder/Analyst Call Transcript

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Wendel (WNDLF) Shareholder/Analyst Call May 21, 2026 9:00 AM EDT

Company Participants

Nicolas ver Hulst
Sébastien Metzger – General Counsel
Laurent Mignon – Group CEO & Chairman of the Executive Board
David Darmon – Deputy CEO & Member of Executive Board
Christine Anglade-Pirzadeh – Director of Communications & Sustainable Development and Advisor to the Executive Board
William Torchiana
Alain Missoffe

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Conference Call Participants

Malcom Sossou

Conversation

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Nicolas ver Hulst

Good afternoon, ladies and gentlemen. It’s a great pleasure to be with you this afternoon. You’ve turned up in greater numbers. So thank you very much for being with us. There are more shareholders than we have representatives of the Wendel Group. The first 2 rows are made up of Wendel people, and then the rest of the room is shareholders, and that’s great to see. So thank you very much for outnumbering us in such a way.

I’m going to be chairing today’s proceedings. Today’s assembly is now officially open. We have Laurent Mignon and David Darmon here next to me. Laurent chairs the Executive Board, and David Darmon is a member of the Executive Board and General Director. You know both of them. And to my left, Sébastien Metzger, whom you might not know. He is the Legal Director for Wendel and Secretary of the Executive Board. Sébastien is with us with his Head of Legal Director since 2008. He joined in 2008, which was a great vintage, a great year to join us and to deal with a lot of debt-related issues that we had back then. So someone who’s acquired over the years, a great deal of experience.

I would like to also thank François de Wendel, my predecessor. He’s here in the room, and good afternoon also to all the members of the Supervisory Board with the Head of the Audit Committee and

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