ATOS

AlphaBlunt!

24/11/25 -"The Philippe Salle Options"

Pages
7
Language
English
Published on
24/11/25

EXECUTIVE SUMMARY

• Two Philippe Salles are proposing to save Atos:
- The financier who took part in the rescue plan for €9M, and later reinforced his
commitment by €2M,
- The Chief Executive Officer who, as a corporate officer, could receive €15.8M in performance shares.
• This is a break. The previous management did not commit funds but played with them.
• In the long term, that is to say in 2028, he could hold 4.1% of the capital.
• He could thus be the architect of the recovery and more…

CONFLICTS OF INTEREST

AlphaValue does not have nor seek any business with companies covered in AlphaValue Research paid by subscription. As a result, investors can be confident that there is no conflict of interest that could affect the objectivity of AlphaValue Research.

Corporate broking NO
Trading in corporate shares NO
Analyst ownership NO
Advising of corporate (strategy, marketing, debt, etc) NO
Research paid for by corporate NO
Provision of corporate access paid for by corporate NO
Link between and a banking entity NO
Brokerage activity at AlphaValue NO