All proposed resolutions related to Next Private’s buyout offer for Altice Europe have been adopted at Altice Europe’s extraordinary general meeting of shareholders (EGM) held on 7 January 2020. The decrees include: the Back-End Resolution (Merger); the Back-End Resolution (Asset Sale); the conditional amendment of the company’s articles of association, which shall be executed and become effective as soon as practicable following the delisting; the settlement of the stock options held by Ms. Natacha Marty in connection with the offer; and the amendment of the terms and conditions for the options held by Mr. Alain Weill. In December 2020, French telecoms billionaire Patrick Drahi increased Next Private’s offer for Altice Europe from EUR4.11 (USD4.88) to EUR5.35 per share in cash. The improved offer represents a premium of 61.1% to Altice Europe’s closing price on 10 September 2020 (i.e. prior to the initial announcement of the offer), which was EUR3.32. Following the offer, Next Private is planning to delist Altice Europe with a view to obtaining 100% of the shares.