Societe Generale confirms the launch of a Global Employee Share Ownership Programme
SOCIETE GENERALE CONFIRMS THE LAUNCH OF A GLOBAL EMPLOYEE SHARE OWNERSHIP PROGRAMME
Press release
Paris, 22 May 2024
Societe Generale confirms the launch of a new global employee share ownership programme allowing eligible current employees and retired former employees of the Group to subscribe for a capital increase reserved for them on preferential terms. The subscription period for the share offer will take place from 3 to 17 June (inclusive).
The settlement-delivery of the shares should take place on 25 July 2024.
The terms of this transaction are described in the information document provided below.
This transaction implements the 19th resolution of the General Meeting held on 23 May 2023. The principle of this operation, approved by the Board of Directors on 7 February 2024, was made public in page 14 of the Board of Directors' report published the 12 April 2024 on the resolutions submitted to the General Meeting of 22 May 2024 and, before that, in the table of financial authorisations provided in section 3.1.7 of the Universal Registration Document dated 11 March 2024 which has been updated, on page 31 of its first amendment dated 3 May 2024.
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Employee share ownership is a long-term collective commitment mechanism regularly implemented within Societe Generale to involve employees in the development of the company and to enable them to
benefit from long-term value creation.
The 2024 programme is the 31st offered by the Group.
Press contacts:
Jean-Baptiste Froville_+33 1 58 98 68 00_ jean-baptiste.froville@socgen.com
Fanny Rouby_+33 1 57 29 11 12_ fanny.rouby@socgen.com
22 May 2024
INFORMATION DOCUMENT
PROVIDED FOR CURRENT EMPLOYEES AND RETIRED FORMER EMPLOYEES
OF THE SOCIETE GENERALE GROUP
PERTAINING TO A CAPITAL INCREASE IN CASH TARGETING A MAXIMUM OF 12,123,200 SHARES RESERVED FOR ELIGIBLE CURRENT EMPLOYEES AND RETIRED FORMER EMPLOYEES PARTICIPATING IN SOCIETE GENERALE
GROUP COMPANY
OR GROUP SAVINGS PLANS
2024 GROUP EMPLOYEE SHARE OWNERSHIP PROGRAMME
This information document is available at Societe Generale’s administrative office (17 cours Valmy - 92972 Paris-La Défense Cedex), on its website and its intranet site, and was covered by a
press release dated 22 May 2024. This document is prepared in accordance with the prospectus publication exemptions provided for in Article 1.4°(i) and Article 1.5°(h) of Prospectus Regulation (EU) No. 2017/1129. It constitutes the document required to meet the conditions for exemption from publication of a prospectus as defined by said Prospectus Regulation, directly applicable in the domestic law of each Member State of the European Union. |