“The sanction is applied if it is requested in an application entered in the meeting minutes by one or several shareholders holding at least 5% of the Company’s capital.”
Shareholder identification (excerpt from Article 10a of the Articles of Association)
“The Company is entitled to request the entity handling the clearing of securities, and under the conditions provided for in the regulations in force, to provide the name, nationality and address of the natural or legal persons holding securities that grant, immediately or eventually, a voting right at its own Shareholders’ General Meetings, as well as the quantity of securities held by each of them and, if the case arises, the restrictions that may affect the said securities.”
2. Relations between the parent company and its subsidiaries
2.1 Organisation chart(*)
This organizational chart shows the relationships between the company VINCI and its subsidiaries.
The subsidiaries of VINCI are grouped into three business lines: Concessions, Energy Services and Construction.
The Concessions business consists of the divisions VINCI Autoroutes, VINCI Airports and Other Concessions.
VINCI Airports is composed of:
- ANA (Portugal)
- Edinburgh Airport (United Kingdom)
- Belgrade Airport (Serbia)
- OMA (Mexico)
- Kansai Airports (Japan)
- Other airports (Brazil, Cambodia, Cape Verde, Costa Rica, United States, France, United Kingdom)
- London Gatwick (United Kingdom)
- Budapest Airport (Hungary)
- Lyon Airports (France)
- Aerodom (Dominican Republic)
- Santiago Airport (Chile)
VINCI Autoroutes is composed of:
- ASF
- Escota
- Cofiroute
- Arcour
- Arcos
Other Concessions are composed of:
- VINCI Highways
- VINCI Railways
- VINCI Stadium
Energy Services consist of VINCI Energies and COBRA IS.
VINCI Energies is composed of:
- VINCI Energies France Infras & ICT
- VINCI Energies France Building Solutions & Industry
- VINCI Energies Europe East
- VINCI Energies Europe North West
- VINCI Energies International & Systems
Cobra IS is composed of:
- Grupo Cobra
- Imesapi
- Sice
- Cymi Brasil
- Semi
- Dragados Offshore
- Other subsidiaries
Construction consists of VINCI Construction and VINCI Immobilier.
VINCI Construction is composed of:
- Specialty networks
- Major projects
- Europe Africa
- United Kingdom
- Americas Oceania
- Road France
- Networks France
- Building France
- Civil engineering France
(*) Simplified organisation chart of the Group at 31 December 2025. The various subsidiaries that comprise the Group and VINCI’s equity interest (whether direct or indirect) in these entities are presented in the list of consolidated companies found on the Group’s website (www.vinci.com/en/finance/investors/regulatory-information/composition-of-the-group).
2.2 Role of the VINCI holding company towards its subsidiaries
The Group’s operational activities are managed by its subsidiaries (there were 3,225 consolidated entities at 31 December 2025), which are organised into three businesses: Concessions, Energy Solutions and Construction. The main divisions for the Concessions business are VINCI Airports, VINCI Autoroutes and VINCI Highways. The main business lines for the Energy Solutions business are VINCI Energies and Cobra IS, and for the Construction business they are VINCI Construction and VINCI Immobilier.
The VINCI holding company provides leadership, support and supervisory functions for the Group’s subsidiaries. In this role, it supplies services in the following areas:
- development and implementation of strategy, execution of acquisitions and disposals, and the study and implementation of industrial, commercial and other synergies within the Group;
- high-level relations with government authorities, elected officials, professional organisations, the media, the academic world, financial markets, financial institutions and large public- or private-sector companies, in France as well as outside France;
- provision of expertise in administrative, legal, financial, IT, insurance, purchasing, human resources, communication and sustainable development matters.
VINCI shares with its subsidiaries the benefits associated with the Group’s size and reputation, such as access to internationally recognised partners; optimisation of terms for financing, purchases and insurance; easier access to regulatory authorities; and public and institutional relations in France and abroad.