Orange Seeks to Terminate Its Status as a Reporting Issuer in Canada
Paris, April 18, 2025 In a significant regulatory move, Orange has submitted a formal request to the Autorit des Marchs Financiers (AMF), its primary regulatory body in Canada, as well as to the Ontario Securities Commission (OSC). The request aims to terminate the company's status as a reporting issuer across all provinces and territories in Canada.
If this request is granted, Orange will no longer be classified as a reporting issuer in Canada. This change means that the telecom giant will be exempt from the obligation to file financial statements and other continuous disclosure documents in accordance with applicable Canadian securities laws.
Despite this change in status, Orange has pledged to maintain transparency with its Canadian investors. The company will continue to provide all necessary disclosure materials required by securities laws in France, which will be accessible to French shareholders via its official website (www.orange.com) in both French and English. Furthermore, Orange has committed to ensuring that any continuous disclosure materials mailed to shareholders in France will also be sent in a similar fashion to Canadian shareholders who have opted to receive such materials by mail, in compliance with French law and regulations.
This strategic decision is motivated by Oranges desire to reduce costs and simplify its reporting processes. By shedding its status as a reporting issuer, Orange aims to streamline internal operations and enhance efficiency while upholding the highest standards of corporate governance and financial reporting transparency. The company remains dedicated to maintaining open and frequent dialogue with its Canadian investors. Importantly, this change is not expected to affect Orange's clients or partners, nor its commercial presence in Canada.
About Orange
Orange stands as one of the leading telecommunications operators globally, boasting a revenue of 40.3 billion in 2024 and employing 127,000 individuals as of December 31, 2024, with 71,000 of those based in France. The Group served 291 million customers at the end of 2024, including 253 million mobile clients and 22 million fixed broadband clients. These figures account for the deconsolidation of certain operations in Spain related to the establishment of the joint venture MASORANGE. The Group operates in 26 countries, including non-consolidated entities.
Additionally, Orange is a frontrunner in providing telecommunications services to multinational corporations under the brand name Orange Business. In February 2023, the Group unveiled its strategic plan, titled Lead the Future, which is structured around a new business model and guided by principles of responsibility and efficiency. This initiative seeks to leverage network excellence to bolster Oranges leadership in service quality.
Orange is publicly traded on Euronext Paris under the ticker symbol ORA.
For more information, visit our websites at www.orange.com and www.orange-business.com, or download the Orange News app. You can also follow us on X at @presseorange.
Orange and other products or services referenced in this press release are trademarks owned by Orange or Orange Brand Services Limited.
Media Contact: Tom Wright; tom.wright@orange.com
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