Veolia Announces the Launch of a Shareholding Plan Reserved for Approximately 140,000 Employees of the Group

Regulatory News:

Veolia Environnement (Paris:VIE) announces the launch of a new shareholding plan for the Group’s employees. This plan is offered to approximately 140,000 employees of the Group, aiming at associating them with the development and performance of Veolia. The settlement and delivery of the new shares shall take place on December 17, 2020.

The main terms and conditions of this plan are described hereafter.

Issuer

Veolia Environnement, a société anonyme (public limited company) governed by French law
Listing: Euronext Paris (France)
Ordinary share with ISIN code: FR0000124141 VIE

Purpose of the plan

This shareholding plan is part of the Group's policy of developing employee shareholding within the Group. Through this plan, Veolia intends to associate its employees in France and abroad with the Group’s development even more closely, by offering them the possibility of subscribing directly or indirectly for Veolia Environnement shares.

Framework of the plan – Securities offered

The offer is being made within the framework of the Véolia Environnement group savings plan (plan d'épargne groupe) and international group savings plan (plan d'épargne groupe international) in accordance with provisions of Articles L. 3332-18 et seq. of the French Labor Code and in accordance with the shareholders' authorization granted by the twenty-first resolution of the Combined Shareholder's Meeting dated April 22, 2020. Its main features were set by a decision of the Board of Directors dated May 5, 2020. The offer concerns a maximum nominal amount of 56,726,653 Euros (i.e. approximately 2% of the share capital).

The dates of the subscription/cancellation period and the subscription price will be set by a decision of the Chairman and Chief Executive Officer acting upon the delegation given by the Board of Directors, planned to occur on November 5, 2020. The subscription price will be equal to the average of the Veolia Environnement share's closing prices on the Euronext Paris stock exchange during the twenty (20) trading days preceding the decision of the Chairman and Chief Executive Officer above-mentioned, minus a 20% discount and rounded up to the highest euro cent.