JCDecaux intends to sell additional part of its stake in APG|SGA to NZZ

JCDecaux intends to sell additional part of its stake in APG|SGA to NZZ

Paris, December 12^th, 2025 – After JCDecaux SE (Euronext Paris: DEC), the number one outdoor advertising company worldwide, sold approximately 13.56% of APG|SGA's share capital to NZZ on May 29^th, 2024, a share purchase agreement was signed on December 11^th, 2025 between JCDecaux SE and NZZ, under which JCDecaux SE will sell additional 325,519 APG|SGA's shares, corresponding to 10.85% of the share capital. Upon completion of this sale, the stake in APG|SGA will be reduced to around 5.6%.

The transaction is expected to be completed after the Annual General Meeting of APG|SGA in spring 2026 and is subject to various conditions. In particular, the shareholders of APG|SGA must approve the inclusion of selective opting up clause in the articles of association to ensure that the completion of the share purchase does not trigger a mandatory offer for NZZ.

This deal will generate cash proceeds for JCDecaux SE of c. 71mCHF, i.e. c.76mEUR¹ before transaction costs.

¹ EUR/CHF exchange rate of 0.9328 as of December 11, 2025.

Key Figures for JCDecaux

• 2024 revenue: €3,935.3m – H1 2025 revenue: €1,868.3m
• N°1 Out-of-Home Media company worldwide
• A daily audience of 850 million people in more than 80 countries
• 1,091,811 advertising panels worldwide
• Present in 3,894 cities with more than 10,000 inhabitants
• 12,026 employees
• JCDecaux is listed on the Eurolist of Euronext Paris and is part of the SBF 120 and CAC Mid 60 indexes
• JCDecaux’s Group carbon reduction trajectory has been approved by the SBTi and the company has joined the Euronext Paris CAC® SBT 1.5° index
• JCDecaux is recognised for its extra-financial performance in the CDP (A), MSCI (AAA), Sustainalytics (11.9), and has achieved Gold Medal status from EcoVadis
• 1^st Out-of-Home Media company to join the RE100
• Leader in self-service bike rental scheme: pioneer in eco-friendly mobility
• N°1 worldwide in street furniture (629,737 advertising panels)
• N°1 worldwide in transport advertising with 157 airports and 257 contracts in metros, buses, trains and tramways (340,848 advertising panels)
• N°1 in Europe for billboards (83,472 advertising panels worldwide)
• N°1 in outdoor advertising in Europe (736,310 advertising panels)
• N°1 in outdoor advertising in Asia-Pacific (178,010 advertising panels)
• N°1 in outdoor advertising in Latin America (89,526 advertising panels)
• N°1 in outdoor advertising in Africa (22,490 advertising panels)
• N°2 in outdoor advertising in the Middle East (20,689 advertising panels)
  
  

For more information about JCDecaux, please visit jcdecaux.com.
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Communications Department: Clémentine Prat
+33 (0) 1 30 79 79 10 – clementine.prat@jcdecaux.com  

Investor Relations: Rémi Grisard
+33 (0) 1 30 79 79 93 – remi.grisard@jcdecaux.com

Attachment

• 12-12-25 # APG SGA_UK