There are no other judicial, administrative or arbitration proceedings, including any proceedings known to the Company, pending or with which it is threatened, that are likely to have, or have had in the last 12 months, a material effect on the financial situation or profitability of the Company and/or the Group.
The companies comprising the VINCI Group are sometimes involved in litigation arising from their activities. The related risks are assessed by VINCI and the subsidiaries involved on the basis of their knowledge of the cases, and provisions are taken in consequence as appropriate.
The Board of Directors reviewed and approved the consolidated financial statements for the year ended 31 December 2025 on 5 February 2026. These financial statements will only become definitive when approved at the Shareholders’ General Meeting to be held on 14 April2026. A draft resolution will be put to shareholders at that meeting to pay a dividend of €5.00 per share in respect of 2025. Given thepayment of the interim dividend of €1.05 per share on 16 October 2025, the final dividend to be distributed would be €3.95 per share.That dividend would be paid on 23 April 2026 (ex-date: 21 April 2026).
On 5 January 2026, as part of its share buy-back programme, VINCI signed a share purchase agreement with an investment services provider.Under that agreement, which is valid from 6 January until 25 March 2026 at the latest, the provider will purchase up to €600 million ofVINCI shares on VINCI’s behalf. The price paid for those shares will not exceed the price determined in VINCI’s Combined Shareholders’General Meeting of 17 April 2025.
On 9 January 2026, VINCI SA exercised its second and last option to extend its revolving credit facility, which is now due to expire on9 January 2031. This €6.5 billion credit facility was unused at 31 December 2025.
On 12 January 2026, ASF issued €500 million of bonds due to mature in January 2034 and paying an annual coupon of 3.375%.
The 2026 Finance Bill, which was adopted by the French Parliament on 2 February 2026, extends the exceptional contribution on corporate income tax for large companies for a further year.
As a result, the VINCI Group anticipates a charge in 2026 of the same magnitude as that recorded in 2025.
Reciprocal operations and transactions relating to assets, liabilities, income and expenses between companies that are fully consolidated are eliminated in the consolidated financial statements.
Where a fully consolidated Group entity carries out a transaction with a joint venture or associate that is accounted for under the equity method, income and losses resulting from the transaction are only recognised in the Group’s consolidated financial statements to the extent of the interest owned by third parties in the joint venture or associate.
In most cases, the functional currency of companies and establishments is their local currency.
The financial statements of foreign companies of which the functional currency is different from that used in preparing the Group’s consolidated financial statements are translated at the closing rate for balance sheet items and at the average rate for the period for income statement items. Any resulting translation differences are recognised under other comprehensive income. Goodwill relating to foreign entities forms part of the assets acquired and is therefore denominated in the company’s functional currency and translated at the exchange rate in force at the balance sheet date.
