Veolia Launches its Global Employee Stock Ownership Plan for over 190,000 Employees

Regulatory News:

Veolia (Paris:VIE) launches a new edition of its employee shareholding operation. Open to more than 190,000 Group employees, this operation aims to involve them in the company's development and performance.

As a key stakeholder and already the Group's largest shareholder, employees can thus strengthen their involvement in Veolia's strategy and growth.

This initiative allows employees to subscribe directly or indirectly to Veolia Environnement shares with a goal to further strengthen the connection between the teams and the Group’s growth strategy.

This initiative takes on particular significance in the context of the GreenUp strategic program, which positions Veolia at the forefront of the ecological transformation by accelerating the development of innovative solutions in three key areas: decarbonizing economic activities, combating pollution, and regenerating natural resources.

The settlement and delivery of the new shares to be issued is expected on September 12, 2025.

The main terms of this transaction are described below.

Issuing company

Veolia Environnement, a public limited company incorporated under French law
Listing: Euronext Paris (France)
Ordinary share ISIN code: FR0000124141 VIE

Framework of the operation - Securities offered

The offer is proposed within the framework of the Veolia Environnement group savings plan and international group savings plan in accordance with Articles L. 3332-18 et seq. of the French Labour Code and on the basis of the shareholders' authorisation granted by the 19th resolution of the combined general meeting of April 24, 2025. Implementation of the offering on the basis of the resolution referred to above has been decided by the Board of Directors on May 6, 2025. The offer concerns a maximum number of 14,813,052 shares (i.e. approximately 2% of the share capital at the date of the combined general meeting of April 24, 2025).

The dates of the subscription/revocation period and the subscription price will be determined by a decision of the Chief Executive Officer, acting by delegation of the Board of Directors, scheduled for July 30, 2025. The subscription price shall be equal to the average of the volume-weighted average prices of the Veolia Environnement share on Euronext Paris during the twenty (20) trading days preceding the aforementioned decision of the Chief Executive Officer (reference price), less a discount of 15% and rounded up to the next euro cent.