VIDEO representation and role of shareholders employees in the governance of the Group

Being an employee shareholder also means participating in the governance of the Saint-Gobain Group as the leading shareholder. Every 5 years, employee shareholders elect representatives to sit on the two Supervisory Boards of France and International Company Mutual Funds (FCPEs) of the Group Savings Plan in which the employee savings assets are invested.

The Supervisory Board is the decision-making body of the FCPE.
It examines the financial, administrative and accounting management, and takes decisions on the life of the Fund, in particular on the occasion of capital increases following subscription to the Group Savings Plan.
In addition, after discussion, its members vote on the resolutions to be presented at the Group's Shareholders’ General Meeting.

Among their members, the Supervisory Boards each appoint a representative who represents the Fund at the Group's Shareholders’ General Meeting to exercise their voting rights on behalf of all unitholders. It is at this General Meeting that the Group's financial statements are approved and the payment of dividends is decided.

A member from one of the two Supervisory Boards is appointed by the Group's General Meeting to sit on the Board of Directors.
Joining the Group Savings Plan and being an employee shareholder is a tangible way of bringing Saint-Gobain's entrepreneurial culture to life.

Employee shareholders are also represented on the Group's Board of Directors.