代表和股东雇员在集团治理中的作用常见问题解答

Today, employees in nearly 60 countries can access the Saint-Gobain Group’s employee shareholding plan, the PEG (Plan d’Épargne Groupe or Group Savings Plan). Being a shareholding employee is much more than a financial investment. By subscribing to the PEG, you are embodying the Group’s TEC (Trust, Empowerment and Collaboration) culture, while asserting your entrepreneurial spirit. As the Group’s leading shareholder, you play a key role in the governance of Saint-Gobain.

Being a shareholder

Buying a share means contributing funds to a company and receiving ownership of a share in return. A share is a fraction of the company’s share capital, made up in particular of the contributions of its shareholders. When you buy a share, you become a shareholder.

In return for their financial investment, employee shareholders have rights such as the right to receive dividends when they are distributed, or the right to vote, directly or indirectly, at General Meetings.

Being a shareholder means owning part of this capital and, as such, participating in the development and governance of the company.

How to subscribe to the PEG

To become an employee shareholder, you must subscribe to the PEG.

In your country, you will subscribe via a Fonds Commun de Placement d’Entreprise (FCPE or Employee Shareholding Fund). You will be a unit holder in this fund, which owns Saint-Gobain shares.

Voting at the General Meeting

At the General Meeting of Saint-Gobain Shareholders, key decisions are made for the Group, such as the approval of the financial statements, the payment of dividends and the appointment of the director representing employee shareholders on the Board of Directors of Compagnie de Saint-Gobain.

When you subscribe to the PEG, you indirectly hold voting rights at the General Meeting of Compagnie de Saint-Gobain shareholders, attached to the shares you subscribe for.

The Supervisory Board

In countries where subscriptions are made via an FCPE, the FCPE’s Supervisory Board plays a key role. Every five years, unit holders elect representatives to the Supervisory Board, which oversees the fund’s financial, administrative and accounting management.

It also examines the resolutions to be put to the vote at the General Meeting of Compagnie de Saint-Gobain shareholders.

The Supervisory Board appoints a representative to attend the General Meeting of Compagnie de Saint-Gobain shareholders. This representative exercises the voting rights attached to the Compagnie de Saint-Gobain shares held by the FCPE on behalf of all FCPE unit holders.

Representation within the Group’s Governance

Every four years, a director representing employee shareholders is elected by the General Meeting of Compagnie de Saint-Gobain shareholders. He/she is chosen from among the candidates put forward by the Supervisory Boards and the direct shareholders. He/she sits on the Board of Directors of Compagnie de Saint-Gobain, thus helping review the Group’s strategy and monitor its implementation.

In conclusion

By participating in Supervisory Board elections, you contribute to the long-term success of Saint-Gobain. It is a unique opportunity to share in the company’s success, strengthen your sense of belonging and help shape the Group’s future.

Together, with the PEG, let’s build our TEC culture: Trust, Empowerment and Collaboration.