QUESTIONS & ANSWERS

Saint-Gobain PEG is a savings plan for current and former employees (in compliance with local legislation). It includes an employee shareholder operation to enable you to become a shareholder of Saint-Gobain, either directly or indirectly depending on local legislation, at preferential conditions, notably thanks to a discount (20% in 2024) on the share price. Saint-Gobain has proposed this operation every year since 1988.

Preferential subscription price

For the “Classic” offer subscription, Saint-Gobain employees get a discount (20% in 2024), i.e. a 20% reduction on the reference price of the Saint-Gobain share.

A contribution from your employer.

The employer’s contribution is a payment made by your company in addition to your own payment.

Possible dividends, determined every year at the General Meeting.

Saint-Gobain pays management costs

Saint-Gobain pays all financial and administrative costs of investments made by subscribers. You only pay commission of [0.084%] on any reimbursements when you release all or some of your assets.

The funds invested will not be available until the end of a lock-in period. The lock-in period is 5 years. However, there are cases of so-called early redemption, subject to certain circumstances enumerated exhaustively by regulations, that permit the release of your assets before the end of the lock-in period. The list of these early redemption cases is provided in the legal documents concerning the PEG in your country.

Shares are subscribed at a discount (20% in 2024) compared with the reference price of the Saint-Gobain share.

The reference price is determined according to French legislation on savings plans and corresponds to the average of the 20 stock market prices (opening prices) preceding the date of setting the price.

You subscribe in your local currency, based on the Euro exchange rate set a few days before the subscription price is set.

However, since the Saint-Gobain share is quoted on the Paris stock market, your investment will be in Euro. At maturity, the exchange rate may therefore have either a positive or a negative effect on your investment.

Thus, if the value of the Euro has increased with respect to your currency, the value of your investment in your currency will increase. However, if the value of the Euro has decreased with respect to your currency, the value of your investment in your currency will decrease, and you will suffer a capital loss on your personal contribution.

Note: throughout the investment period, the value of your investment will vary according to exchange rate fluctuations between the Euro and your currency.

If you hold shares directly, you will be paid dividends directly. They will be re-invested in the Saint-Gobain PEG Monde CMF if you subscribed via the CMF, thus increasing the number of CMF shares you own.

All personnel of Saint-Gobain and its subsidiaries

• in the companies proposing the PEG,
• with a permanent or fixed term employment contract,
• with at least 3 months’ total seniority at the date of the end of subscription.

Retired employees (only in countries where this is permitted by local regulations)

• having kept at least one CMF share or one PEG share since the end of their employment contract,
• the company for the period of activity must be a member of the PEG and be part of the Saint-Gobain Group.

Retired employees only benefit from the discount and no other advantages (employer contribution, cash advance, etc.) Employees having left the Group before the start of the subscription period may not make further payments to the PEG.

Summary:

You can pay your subscription in cash, in which case, you should contact your PEG representative to find out more about payment conditions.

Depending on your country and local legislation, other means of payment (notably instalments deducted from wages) may be proposed.

Your subscription may not exceed 25% of your gross annual remuneration for the year of subscription.

The gross annual remuneration used to calculate the amount that you may pay under this offer is your fixed annual salary, all variable elements and any bonuses that you may be paid during the current year.

For retired employees (in the countries where retired employees may subscribe), it is calculated on the basis of annual pension payments,

The legal responsibility for respect of the 25% limit is incumbent on the subscriber.

The monthly deduction from wages may not exceed 10% of your net monthly remuneration.

Contact your PEG representative (link to contacts)

The PEG representative (with the possibility of delegation) will be approved at the collection site; he/she can regenerate and send out access codes.

Log on to the www.amundi-ee.com/account account site by clicking:

“Access your account” / Access to Employee Share Ownership Plan, then select your language

Follow the procedure: “I forgot my identifier” and “I forgot my password”.

Some events, defined by regulations, enable early redemption of your assets.

Redemption is not automatic:

With a few exceptions, a single event can only result in a single early payment, concerning all or some of the rights eligible for early redemption, at your choice.

Only the assets on your account on the date of the operative event can be redeemed early, except in the case of death and assignment of the holder’s employment contract.

Early redemption cases for your country are listed in the legal document concerning the PEG in your country.

AMUNDI ÉPARGNE SALARIALE ET RETRAITE is the Account Holder and Share Keeper (TCCP) of all funds proposed within the Group savings plan applicable within the Saint-Gobain Group.

AMUNDI is the employee investment portfolio manager for the MCP invested in Saint-Gobain shares.

Via Internet: To access your employee savings account and news on the company savings: www.amundi-ee.com/account / Access to Employee Share Ownership Plan / choose your language

This site enables secure consultation and on-line management of your account. You can place orders on your available assets.

It also allows you to send a message to Amundi using secure messaging.

You will receive, either electronically (for e-service subscribers) or by post:

• An operation notification after any purchase request,
• A summary notification of operations carried out at the end of June (sent in July),
• An account statement summarising the situation of your assets on the last stock market date of the year (sent in January).

Remember to update your personal contact details with Amundi Epargne Salariale et Retraite by downloading and filling in the correspondence form on the website:
www.amundi-ee.com/account

This correspondence form should be posted to:

AMUNDI ÉPARGNE SALARIALE ET RETRAITE - 26956 Valence Cedex 9 - France

Subscribe to e-services on the website www.amundi-ee.com/account / Access to Employee Share Ownership Plan, then choose your language:

• Provide your email address
  Your annual account statement and all other documents will be available for download and on-line consultation. The e-statement is automatically archived on www.amundi-ee.com/account and its printed version has the same legal value as a paper statement. Amundi Epargne Salariale et Retraite informs you via email of the availability of e-statements.
• Provide your mobile number
  If you lose your password, it can be sent to your mobile.

If the member dies, his/her heirs cannot continue to hold the account of the deceased.

Michelle.Arnold@saint-gobain.com

Monitoring and management control of the funds in which you place your assets are entrusted to the PEG Monde CMF Supervisory Board. The Supervisory Board comprises elected representatives of employee shareholders and representatives of the member companies, who are appointed by these companies.

The CMF Supervisory Board examines the fund’s financial and administrative management reports every year.

The fund’s Supervisory Board comprises:

• One member per geographic zone, who is both employee and holder of shares, representing current holders of shares and former employees of the member companies, directly elected by holders of shares;
  and
• One member per geographic zone representing the Saint-Gobain Group, appointed by Senior Management.

The term of the mandate is five financial years.

The Supervisory Board meets at least once a year to examine the management report and annual accounts of the fund, to examine the financial, administrative and accounting management and to adopt the annual report. It exercises the voting rights attached to the shares owned by the CMF.

This depends on how your Saint-Gobain shares are held. If you subscribed directly, then yes, you can exercise your voting right directly at the General Meeting.

If you subscribed via the “Saint-Gobain PEG Monde” CMF, the CMF Supervisory Board will appoint a representative to exercise the voting rights attached to the shares held by the CMF at Saint-Gobain General Meetings.

To following the Group on the stock market, you can download the Saint-Gobain Shareholder application.