UNDERSTAND THE PEG IN 3 MINUTES

You asked and we listened. At Saint-Gobain, our goal is to ensure that we are meeting you where you are with what you value most and that our benefits provide you with the support you need for all of life's moments. A core part of our employee value proposition is to offer employees an annual opportunity to be an owner and participate in our employee share purchase program known simply as PEG. So how does the PEG work and what is in it for you as an employee? For starters, you purchase shares for 20% less than what you would pay on the open market. Then the company matches your investment up to $2225. Your company match depends on your investment amount. You can contribute up to 25% of your salary in exchange for the purchase price, discount and employer match. Your shares are locked in for five years. You own the shares as of the purchase date, but you cannot sell them until after five years except under certain limited circumstances, as detailed in the planned documents and PEG brochure. Let's look at Amber's story to help us understand. After calculating her monthly expenses and reviewing the PEG program structure, Amber decides to invest $200. She chooses to pay for her investment through paycheck deductions versus a lump sum check, meaning this $200 will be deducted from her paycheck in equal installments from May through November, an option that makes more financial sense for her compared to paying for the $200 all at once. Her $200 investment places Amber in investment range too, meaning she gets a 200% match on the 1st $100 of her $200 investment and a 45% match on the remaining $100 of her $200 investment. This gives her a total match of $245, which would be used to purchase additional shares on her behalf through the company match. Her $200 investment turns into a $445 investment immediately, just like that. Although Amber's initial investment would only have purchased about 5 shares, she's ending up with 11 company shares due to the generous company match. Amber can now watch these shares in her Amundi account over the next several years and track her investment value. See more details on the Company match, tax implications, investment simulations and more at the PEG website, at peg.senka.com, on the employee experience portal, or by contacting your HR representative. Sign up anytime during the PEG enrollment period and you can be an owner at Saint-Gobain.