Elis announces a 2023 “Elis for All” employee share ownership plan

Elis announces a 2023 “Elis for All” employee share ownership plan

Saint-Cloud, August 31, 2023 – Elis announces the launch of a new “Elis for All” 2023 employee share ownership plan.

I. ISSUER

ELIS
Euronext Paris regulated market (France)
ISIN code for ordinary shares: FR0012435121

Share admitted to the Differed Settlement System (SRD)

II. FRAMEWORK OF THE ISSUANCE – PURPOSE OF THE OFFERING

Pursuant to the delegations granted in accordance with the 25th resolution of the Extraordinary General Assembly dated May 19, 2022 and the 21^st resolution of the Extraordinary General Assembly dated May 25, 2023, the Management Board, duly authorized by the Supervisory Board on December 15, 2022, decided on March 16, 2023 to increase the Company’s share capital through two issuances of shares, with no preferential subscription rights, in accordance with Articles L. 225-129-2, L. 225-6 and L.225-138-1 of the French Commercial Code and L. 3332-1, L. 3332-18 et seq. of the French Labour Code. The first issuance is reserved to employees participating in the Elis Group Savings Plan and the second to employees of Elis' foreign subsidiaries.
This operation is part of the development of employee share ownership, which is an objective of the Elis Group and strengthen the sense of belonging of Elis Group employees by offering them the opportunity to be more closely involved in the future development and performance of the group.

Elis' Management Board has determined the main features of the offer and has delegated to the Chairman of the Management Board the implementation of the two above-mentioned capital increases.
The offering only comprises a “classic” formula with discount and employer matching contribution (abondement), under which the subscriber is fully exposed to fluctuations of the Elis share.
A common ceiling of two million (2,000,000) euros, representing 2,000,000 shares, applies to these two capital increases, i.e., 0.86% of the share capital at the date of the Management Board’s decision.
The “Elis for All” offer includes a 30% discount on the reference price and a matching contribution equal to one share offered for 10 shares subscribed.
The shares will bear rights from the date of their issue and will be fully assimilated to the existing shares.

III. SUBSCRIPTION’S CONDITIONS

Beneficiaries of the offering are:

(i) In France: Employees of Elis or of the companies that are part of the Elis Group and have acceded to the Group Savings Plan, who are able to justify a minimum seniority of three months as of September 18, 2023, opening date of the subscription period;