EFES Conference Brussels 6.2.19 SAINT-GOBAIN EMPLOYEE SHARE - - PowerPoint PPT Presentation

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EFES Conference Brussels 6.2.19 SAINT-GOBAIN EMPLOYEE SHARE - - PowerPoint PPT Presentation

Sep 30, 2022 286 likes •408 views

EFES Conference Brussels 6.2.19 SAINT-GOBAIN EMPLOYEE SHARE OWNERSHIP JORGEN PEDERSEN SAINT-GOBAIN - WHO ARE WE ? 2017 net sales 40.8 BN 180.000 employees Present in 67 countries More than 4,100 More than 75% of sales sales outlets are

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SAINT-GOBAIN

EMPLOYEE SHARE OWNERSHIP JORGEN PEDERSEN

EFES Conference Brussels 6.2.19

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2017 net sales

€40.8 BN

Present in

67 countries

One of the top100 industrial

groups in the world with around

950 production sites

180.000 employees

More than 4,100

sales outlets

Created more than

350 years ago

More than 75% of sales are made in the habitat markets: construction, renovation, infrastructures and civil engineering

SAINT-GOBAIN - WHO ARE WE ?

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TO ENHANCE THE WELLBEING OF PEOPLE EVERYWHERE

WE HELP TO CREATE

GREAT LIVING PLACES AND IMPROVE DAILY LIFE

BY COMBINING

WHICH ANSWERS TODAY’S INDIVIDUAL NEEDS (performance, safety, adaptability, accessibility, beauty) WHICH ADDRESSES TOMORROW’S COLLECTIVE CHALLENGES (sustainable building, better mobility, resource efficiency, demographic growth, climate change)

COMFORT SUSTAINABILITY

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  • Employee Share Purchase Plan
  • 2 FCPE (France & International) (40 countries) + direct share holding (7 countries)
  • Annual operations with capital increase since 32 years
  • France : combined with transfer of profit sharing (Interessement & Participation)
  • 20 % rebate for all levels.
  • Matching contribution defined by country with a set maximum of 2100 Euro
  • 5 years plan with 9 early release criteria
  • Governance : 2 Supervisory boards and 1 member of the Group board of directors.

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OUR SHARE PLAN IN LEGAL TERMS

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Stable plan participation Offered in 43 countries More than 5000 locations Implemented since 1988 Decentralized approach We did not reach all possible participants 67 % was French

OUR SHARE PLAN AND ITS CHALLENGES 2015

Communication paper based

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Assembled best practice Ensured solid financial incentives Personalized + strengthened communication Used our 30th anniversary Combined central and decentral approach Involved management and HR Increased number of countries

WHAT DID WE DO 2016-2018

Digitalized Improved tools

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COMMUNICATION

  • New logo and slogan
  • Extranet by country
  • New brochure
  • Video testimonial
  • Animation video with simple and quick explanation of the plan
  • Animation video around supervision.
  • Structured network of correspondants
  • Communication kit for managers and HR
  • Dedicated internal social network
  • Teasing (Intranet, mails)
  • Tailor made communication to specific groups
  • Simulators for investment and incentives

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Increased participation by 40% over 3 years Offered in 47 countries 44.6 K participants in 2018 Largest shareholder with 14 % voting rights Active governance Investment of 179 MEuro in 2018 70% increase

  • utside France

WHERE ARE WE TODAY

Digitalized 61% participation in France

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Why is this important for Saint-Gobain ?

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FCPE acceptance in all countries Incentivise employee share

  • wnership

Concerns: GDPR data protection Stop fiscalisation up front

WHAT ARE OUR CONCERNS AND WISHES

Tax free base amounts Focus on management involvement and communication

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THANK YOU