VIDEO OM GOVERNANCE
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 hold Saint-Gobain shares directly in a securities account opened in your name.
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.
You directly, sometimes collectively, exercise your voting rights attached to the shares you have subscribed for, at the General Meeting of Compagnie de Saint-Gobain shareholders.
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 direct shareholders and the Supervisory Boards. 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 voting at the General Meeting of Compagnie de Saint-Gobain shareholders, 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.