Publicis Groupe SA
Information concerning Publicis’ principal consolidated subsidiaries at December 31, 2021 is provided in Note 36 to its consolidated financial statements in Chapter 6 of this Registration Document.
None of the subsidiaries controlled by the Groupe account for more than 10% of the Groupe’s revenue.
None of the companies included in the list of the main consolidated companies as of December 31, 2021 have been sold as of the date of this document, with the exception of companies in Russia, which have been sold to local management, as announced by the Groupe on March 15, 2022.
The majority of the Groupe’s subsidiaries are at least 90% held by Publicis Groupe.
In addition, the Groupe holds interests in certain entities in which the percentage of interest may be significant, but which are not controlled by the Groupe. Information concerning the main entities as well as the percentages held by the Groupe is provided in Note 36 to its consolidated financial statements in Chapter 6 of this document. However, these entities do not hold important assets and are not intended to hold any significant borrowing or financing. The borrowing and financing of the Groupe are 100% held and controlled by Publicis Groupe.
During 2021, Publicis Groupe SA did not take any significant stakes in any companies headquartered in France.