OFFER IN BRIEF
MARCH 11 TO MARCH 25, 2024
Participate to the 2024 Offer to become a Saint-Gobain’s Shareholder (via a CMF) under attractive conditions!
The website is available from March 11 (10:00 am) to March 25, 2024 (11:59 pm).
IN BRIEF!
- Classic Offer
- 20% discount
- Locked in for 5 years
- Payment of administrative and account maintenance fees by Saint-Gobain
- Your investment follow the share price and presents a risk of loss of capital
- Employer’s contribution paid by your company [Employer’s contribution to be added depending on the Delegation]
FOCUS EMPLOYER’S CONTRIBUTION
An employer’s contribution simulator is available on this website.
WHO CAN SUBSCRIBE?
Employees of Saint-Gobain Group companies who have been working for the Group for at least 3 months at the end of the subscription period.
WHAT ARE THE PAYMENT METHODS?
- Payment methods are decided on a country by country basis and are either in cash, through a loan or through a salary advance (ask your PEG representative).
- Payment is to be made in Ringgit Malaysia (RM). You may pay by any one of the following methods:
cash payment i.e. you make a single payment of the whole amount to your employer;
salary advancement i.e. your employer will grant you a salary advance to subscribe for the Saint-Gobain shares and you will repay the salary advance in several installments by way of monthly salary deductions; or
a mixture of the two types of payment methods above i.e. part of the payment will be made by you in cash and the remaining amount will be financed by salary advance provided by the local employer, to be repaid by you through several installments of monthly salary deductions. - Notwithstanding the above, if you are an employee who falls within the definition of “employee” under the Employment Act 1955 i.e., (i) an employee whose wages do not exceed RM2,000 per month, or (ii) an employee who is engaged in specified work (e.g. manual labourer, supervising, manual labourers or drivers/transporter) regardless of wage amount, you can only pay the subscription payment via the cash payment method as described above.
- Consider reinvesting your available assets since May 1st, 2024.
HOW MUCH SHOULD I INVEST?
In total, you can invest up to 25% of your gross remuneration.
KEY DATES
Determination of exchange rates: 08/03/2024
Period for setting the reference price: from 12/02/2024 to 08/03/2024
Date for setting the subscription price: 11/03/2024
Subscription period: from 11/03/2024 to 25/03/2024
Capital increase/shares: 15/05/2024
UNDERSTAND THE PEG 2024 IN 2 MINUTES
Thanks to the PEG, the employees are currently the largest shareholder of the Group!
What is the PEG?
Subscribing to the PEG means you become a Saint-Gobain shareholder on preferential conditions!
Above all, this means you benefit from a preferential purchase price.
The Saint-Gobain share subscription price is the average of the stock market price of the Saint-Gobain share over a 20-day period, to which a 20% discount is applied.
If you have subscribed via an employee mutual fund, you elect representatives every five years to the Supervisory Board of your employee mutual fund who will monitor management of the fund
and vote on resolutions put forward at the Group's Annual General Meeting.
What's more, a director representing employee shareholders sits on the Group's Board of Management.
Lastly, you benefit from financial advantages.
Saint-Gobain pays your management & account keeping bank fees!
In addition, you'll benefit from any dividends paid out during the investment period.
In exchange for these advantages, your investment is locked in for 5 years, except in cases of early redemption specified by law.
As with any investment in shares, your investment will follow the Saint-Gobain share price, which can go down as well as up and there is therefore a risk of losing your capital.
The 20% discount however, reduces the potential impact of any drop in share value on your savings.
For more information on the PEG, visit www.peg.saint-gobain.com!
SUBSCRIPTION HELP VIDEO
1st STEP “LOG ON”
Ask for my password
Create my password and access to my account
I fill in my login in the dedicated space.
I click on "Next".
I click on "First Connection / Forgotten password" to modify my password.
I validate by clicking on "Submit" to receive a link by e-mail, if this is registredregistered in the Amundi database. If I do not receive this e-mail, I must contact my PEG correspondent.
I click on the link received by e-mail to create my password.
I create my password and confirm it using the numeric keypad. I then click on "Connect" to access to my personal space.
2nd STEP “REGISTER THE AMOUNT OF MY SUBSCRIPTION BY VOLUNTARY CONTRIBUTION”
I select "Voluntary contribution".
I enter the amounts I wish to invest in the form dedicated to this financing method.
I submit and continue.
I enter the amounts per payment methods and submit.
A pop-up window indicates that my entry is complete.
I go back to the homepage of my personal space to view my PEG investments.
3rd STEP “DOWNLOAD MY SUBSCRIPTION RECAP”
I click on the downloaded icon to download my recap.
Once the document has been downloaded, I save keep it and log out of my Amundi personal space by clicking on the "DISCONNECT" menu at the top of the page.
I confirm by clicking on "Leave" in the pop-up window.