On April 23, 2024, Vivendi SE stated that it did not wish to be associated with decisions concerning board appointments, as it considers it is incumbent on the ongoing management and its supporters to sort out the delicate situation in which Telecom Italia S.p.A finds itself, and stopped short of asking the judge to put the deal on hold while the case was decided, however. In addition, Vivendi stated that at the 2024 annual meeting of shareholders the vote marks a victory for Pietro Labriola and demonstrates investor support for his ?22bn deal with KKR, and it comes after the Company averted a showdown with Vivendi which opposes the plan, Vivendi opted to abstain from the vote on board positions. Further, Vivendi stated that it has had to underwrite its investment, claims the KKR deal undervalues the asset, and has said it will continue to oppose the transaction.