Universal Registration Document 2025

8 Company information and capital structure

8.2 Shareholding

8.2.1 Major shareholders and voting rights

As of December 31, 2025, to the best of Publicis’ knowledge, no shareholder held, directly or indirectly, individually or jointly, 5% or more of its share capital (a “Major Shareholder”) except those disclosed below. Publicis’ Articles of Incorporation state that all its shareholders have the same proportional voting rights with respect to the shares they hold, except that shares owned by the same shareholder in registered form for at least two years carry double voting rights. The Company has not issued any preferred shares or any securities without voting rights.

/ Distribution of the Company’s share capital and voting rights

Distribution of the Company’s share capital and voting rights
As of December 31, 2025	Shares held	% of the share capital⁽¹⁾	Voting rights	% of voting rights⁽²⁾
A/ Shareholders holding more than 5% of the share capital	A/ Shareholders holding more than 5% of the share capital Shares held	A/ Shareholders holding more than 5% of the share capital % of the share capital ⁽¹⁾	A/ Shareholders holding more than 5% of the share capital Voting rights	A/ Shareholders holding more than 5% of the share capital % of voting rights ⁽²⁾
The Capital Group Companies⁽³⁾	The Capital Group Companies ⁽³⁾ Shares held 42,153,056	The Capital Group Companies ⁽³⁾ % of the share capital ⁽¹⁾ 16.58%	The Capital Group Companies ⁽³⁾ Voting rights 42,153,056	The Capital Group Companies ⁽³⁾ % of voting rights ⁽²⁾ 15.33%
Élisabeth Badinter and family holding companies⁽⁴⁾	Élisabeth Badinter and family holding companies ⁽⁴⁾ Shares held 16,700,967	Élisabeth Badinter and family holding companies ⁽⁴⁾ % of the share capital ⁽¹⁾ 6.57%	Élisabeth Badinter and family holding companies ⁽⁴⁾ Voting rights 33,401,934	Élisabeth Badinter and family holding companies ⁽⁴⁾ % of voting rights ⁽²⁾ 12.15%
BlackRock⁽³⁾	BlackRock ⁽³⁾ Shares held 13,972,614	BlackRock ⁽³⁾ % of the share capital ⁽¹⁾ 5.49%	BlackRock ⁽³⁾ Voting rights 13,972,614	BlackRock ⁽³⁾ % of voting rights ⁽²⁾ 5.08%
B/ Treasury shares⁽⁵⁾	B/ Treasury shares⁽⁵⁾ Shares held 3,441,977	B/ Treasury shares⁽⁵⁾ % of the share capital ⁽¹⁾ 1.35%	B/ Treasury shares⁽⁵⁾ Voting rights –	B/ Treasury shares⁽⁵⁾ % of voting rights ⁽²⁾ –%
C/ Public (registered and bearer shares)	C/ Public (registered and bearer shares) Shares held 178,043,246	C/ Public (registered and bearer shares) % of the share capital ⁽¹⁾ 70.01%	C/ Public (registered and bearer shares) Voting rights 185,395,808	C/ Public (registered and bearer shares) % of voting rights ⁽²⁾ 67.44%
Total	Total Shares held 254,311,860	Total % of the share capital ⁽¹⁾ 100.00%	Total Voting rights 274,923,412	Total % of voting rights ⁽²⁾ 100.00%

Percentages are calculated based on the total number of shares issued by the Company, including treasury shares.
Percentages are calculated based on the total number of shares issued by the Company (percentage of voting rights exercisable at General Shareholders’ Meetings), and take into account the double voting rights attached to certain shares.
Acting as investment adviser on behalf of funds and clients under management. Information on the basis of the last threshold crossing declaration made to the AMF in 2025.
Mrs. Élisabeth Badinter fully owns 2.29% of the shares (representing 4.24% of the voting rights). The Badinter family holding companies fully own 10,866,147 shares (representing 7.91% of the voting rights).
There are no indirectly held Treasury shares.

The percentage of share capital held by individual shareholders, according to the latest comprehensive census available as of November 30, 2025, was 2.9%.

/ Reminder of the distribution of the Company’s share capital and voting rights for the prior two years

Reminder of the distribution of the Company’s share capital and voting rights for the prior two years
As of December 31, 2024	Shares held	% of the share capital⁽¹⁾	Voting rights	% of voting rights⁽²⁾
A/ Shareholders holding more than 5% of the share capital	A/ Shareholders holding more than 5% of the share capital Shares held	A/ Shareholders holding more than 5% of the share capital % of the share capital ⁽¹⁾	A/ Shareholders holding more than 5% of the share capital Voting rights	A/ Shareholders holding more than 5% of the share capital % of voting rights ⁽²⁾
The Capital Group Companies⁽³⁾	The Capital Group Companies ⁽³⁾ Shares held 38,153,960	The Capital Group Companies ⁽³⁾ % of the share capital ⁽¹⁾ 15.00%	The Capital Group Companies ⁽³⁾ Voting rights 38,153,960	The Capital Group Companies ⁽³⁾ % of voting rights ⁽²⁾ 13.87%
Élisabeth Badinter and family holding companies⁽⁴⁾	Élisabeth Badinter and family holding companies ⁽⁴⁾ Shares held 16,700,967	Élisabeth Badinter and family holding companies ⁽⁴⁾ % of the share capital ⁽¹⁾ 6.57%	Élisabeth Badinter and family holding companies ⁽⁴⁾ Voting rights 33,401,934	Élisabeth Badinter and family holding companies ⁽⁴⁾ % of voting rights ⁽²⁾ 12.14%
BlackRock, Inc ⁽³⁾	BlackRock, Inc ⁽³⁾ Shares held 13,766,353	BlackRock, Inc ⁽³⁾ % of the share capital ⁽¹⁾ 5.41%	BlackRock, Inc ⁽³⁾ Voting rights 13,766,353	BlackRock, Inc ⁽³⁾ % of voting rights ⁽²⁾ 4.99%
B/ Treasury shares⁽⁵⁾	B/ Treasury shares⁽⁵⁾ Shares held 3,572,113	B/ Treasury shares⁽⁵⁾ % of the share capital ⁽¹⁾ 1.40%	B/ Treasury shares⁽⁵⁾ Voting rights –	B/ Treasury shares⁽⁵⁾ % of voting rights ⁽²⁾–%
C/ Public (registered and bearer shares)	C/ Public (registered and bearer shares) Shares held 182,118,467	C/ Public (registered and bearer shares) % of the share capital ⁽¹⁾ 71.62%	C/ Public (registered and bearer shares) Voting rights 189,761,079	C/ Public (registered and bearer shares) % of voting rights ⁽²⁾ 69.00%
Total	Total Shares held 254,311,860	Total % of the share capital ⁽¹⁾ 100.00%	Total Voting rights 275,083,326	Total % of voting rights ⁽²⁾ 100.00%

Percentages are calculated based on the total number of shares issued by the Company, including treasury shares.
Percentages are calculated based on the total number of shares issued by the Company (percentage of voting rights exercisable at General Shareholders’ Meetings), and take into account the double voting rights attached to certain shares.
Acting as investment adviser on behalf of funds and clients under management. Information on the basis of the last threshold crossing declaration made to the AMF in 2024.
Mrs. Élisabeth Badinter fully owns 2.29% of the shares (representing 4.24% of the voting rights). The Badinter family holding companies fully own 10,866,147 shares (representing 7.90% of the voting rights).
There are no indirectly held Treasury shares.