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Goldman Sachs reports on threshold crossings at Ubisoft.

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The Goldman Sachs Group, Inc. recently crossed key thresholds in its ownership of Ubisoft Entertainment shares on two occasions, according to a statement received on February 10, 2026. On February 4, Goldman Sachs reduced its stake below the 5% voting rights threshold, holding 4.81%. This reduction resulted from an off-market sale.

Subsequently, on February 5, Goldman Sachs increased its stake, exceeding the same threshold with 5.08% of voting rights, through an off-market acquisition. These transactions involve various Goldman Sachs entities, reflecting a dynamic buy-and-ditch strategy regarding Ubisoft. The transactions include securities lending and derivative contracts such as swaps and options. This illustrates Goldman Sachs' complex financial engagement with Ubisoft.

R. E.

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