Albioma

Capital increase reserved for employees - Seite 2

Following the subscription period, the plan is for FCPE Albioma Relais 2020 to merge with the Company employee savings fund, “FCPE Albioma”, following the corresponding decision of the Supervisory Boards of the aforementioned funds.

Terms and conditions of subscription

Offer beneficiaries

This capital increase will be open to employees and former employees (retirees) of the Company and of its subsidiaries with registered offices in France, with at least three months’ service with the Company or one of its subsidiaries by the end of the subscription period.

Former employees (retirees) of the Company and of its subsidiaries with registered offices in France must continue to be investors in the company and inter-company savings plans to qualify for the offer.

Subscription process

Beneficiaries must subscribe via FCPE Albioma Relais 2020, which is to merge with FCPE Albioma following approval by the Supervisory Boards of said funds. FCPE Albioma Relais 2020 received authorisation from the French Financial Markets Authority (AMF - Autorité des Marchés Financiers) on 10 March 2020.

The employee’s investment will thus track the Albioma share price, both up and down.

Subscription for shares will allow employees subscribing for the offer to obtain a matching contribution from their employer subject to the terms and conditions and limits set out in the rules of the Albioma group savings plan and applicable laws and regulations.

Maximum subscription

The total subscription of each participant will be limited to 25% of the gross annual compensation received in 2019 from the Company or one of its subsidiaries. The position of employees whose contract has been suspended and thus received no compensation in 2019, of employees who retired or took early retirement from the Company or one of its subsidiaries in 2019 is assessed in accordance with the rules of the Albioma group savings plan, this maximum subscription notwithstanding the provisions of Article L. 3332-10 of the French Labour Code.

How shares are held – Exercise of voting rights

Subscription to the share capital increase will be via FCPE Albioma Relais 2020, which will merge with FCPE Albioma following completion of this programme. Voting rights on the securities held by this fund will be exercised by the Supervisory Board of FCPE Albioma in accordance with its rules.

Subscription price

The subscription price is set at €34.48. This is the average opening price of the Albioma stock over the 20 trading sessions between 19 August 2020 and 15 September 2020 (both inclusive), net of a 20% discount.