Orange S.A. Seeks to Cease Reporting Issuer Status in Canada
Paris, 18 April 2025 In a significant move, Orange S.A. ("Orange"), one of the giants in the telecommunications sector, has officially submitted an application to the Autorit des Marchs Financiers ("AMF"), which acts as its principal regulator in Canada. The company is also reaching out to the Ontario Securities Commission ("OSC") to request an order that would allow it to cease being a reporting issuer across all provinces and territories of Canada, collectively referred to as the "Jurisdictions."
If this order is granted, it would mark a pivotal change for Orange, as the company would no longer be obligated to file periodic financial statements and other continuous disclosure documents, a requirement established under Canadian securities laws. This shift signals a strategic decision by Orange to streamline its reporting obligations and reduce the associated costs, which is crucial for enhancing operational efficiency.
Despite this transition, Orange has reassured its Canadian securityholders that it will uphold transparency and accountability. The company commits to making all necessary disclosure materials accessible to securityholders in Canada, in accordance with applicable French securities laws. Importantly, all financial documentation and disclosures that are typically provided to securityholders in France will also be available to Canadian investors via its official website, Orange is publicly traded on Euronext Paris under the symbol ORA, and it invites stakeholders and the public to access further information through its various online platforms, including tom.wright@orange.com