PARIS–(BUSINESS WIRE)–Regulatory Information:

Veolia Environnement (OTC:) (Paris:VIE) declares the launch of a brand new worker shareholding operation. This operation, supplied to roughly 190,000 Group workers, goals to contain them in Veolia’s improvement and efficiency. The settlement and supply of the brand new shares to be issued is predicted to happen on September 13, 2024.

The primary phrases of this transaction are described beneath.

Issuing firm

Veolia Environnement, a public restricted firm included beneath French legislation
Itemizing: Euronext Paris (France)
Odd share ISIN code: FR0000124141 VIE

Targets of the operation

This shareholding plan is a part of the Group’s coverage of creating worker shareholding and goals to strengthen the place of workers as the corporate’s largest shareholder. With this operation, which presents the potential for subscribing instantly or not directly to Veolia Environnement shares, Veolia needs to contain its workers much more intently within the Group’s improvement, and specifically within the implementation of its new GreenUp strategic plan, which goals to speed up the deployment of options in favor of decarbonization, depollution and regeneration of assets.

Framework of the operation – Securities supplied

The supply is proposed inside the framework of the Veolia Environnement group financial savings plan and worldwide group financial savings plan in accordance with Articles L. 3332-18 et seq. of the French Labour Code and on the premise of the shareholders’ authorisation granted by the nineteenth decision of the mixed common assembly of April 25, 2024. Implementation of the providing on the premise of the decision referred to above has been determined by the Board of Administrators on Could 13, 2024. The supply issues a most variety of 14,508,233 shares (i.e. roughly 2% of the share capital on the date of the mixed common assembly of April 25, 2024).

The dates of the subscription/revocation interval and the subscription price will probably be decided by a choice of the Chief Govt Officer, appearing by delegation of the Board of Administrators, scheduled for July 31, 2024. The subscription price shall be equal to the common of the closing costs of the Veolia Environnement share on Euronext Paris throughout the twenty (20) buying and selling days previous the aforementioned resolution of the Chief Govt Officer (reference price), much less a reduction of 15% and rounded up to the following euro cent.

The brand new shares will carry fast dividend rights.

Indicative timetable of the transaction

The timetable beneath is offered for info functions solely and could also be modified attributable to occasions affecting the correct conduct of the transaction.

Reservation interval: from June 3, 2024 to June 21, 2024 (inclusive)
Subscription price setting: July 31, 2024
Subscription/revocation interval: August 1 to six, 2024 (inclusive)
Settlement and supply of the supply: September 13, 2024

Phrases and circumstances of subscription

Beneficiaries of the supply

The supply is made pursuant to Articles L. 3332-18 et seq. of the French Labour Code, inside the framework of the Group Financial savings Plan (PEG) and the Worldwide Group Financial savings Plan (PEGI) of Veolia Environnement. In the UK, workers can even spend money on Veolia Environnement shares beneath the Share Incentive Plan.

It’s open to workers of Veolia Environnement SA and taking part subsidiaries in France and in 53 jurisdictions worldwide, with not less than three months’ service with the Group on the deadline of the revocation interval.

Retired and early-retired former workers who’ve retained belongings within the PEG since leaving the Group are eligible for the operation, with out the good thing about the matching contribution.

Subscription formulation

Beneficiaries can subscribe to Veolia Environnement shares by way of two distinct presents, a secured supply with leverage impact and a traditional supply:

• The secured supply with leverage impact: the subscriber advantages from a gross matching contribution of 100% of his/her private contribution up to a restrict of 300 euros, a assure of his/her complete funding, together with the matching contribution, and the upper of both (i) a minimal assured return at predetermined price on his/her funding, together with the matching contribution, or (ii) a a number of of the doable improve within the Veolia Environnement share price.
• The traditional supply: the subscriber invests in Veolia Environnement shares with a 15% low cost on the reference price. The funding made within the traditional supply presents a threat of capital loss insofar as it’ll observe the evolution of the Veolia Environnement share price, each upwards and downwards.

Methodology of holding the shares

Subscriptions are made by way of an FCPE or, in some international locations, by way of direct shareholding.

The voting rights connected to the securities held within the FCPE will probably be exercised by the FCPE’s Supervisory Board. Voting rights referring to securities held instantly will probably be exercised by the subscriber.

Unavailability

The shares subscribed instantly and the models of the FCPE will probably be blocked till June 1st, 2029 until one of many instances of early launch offered for by Articles L. 3332-25 and R. 3324-22 of the French Labour Code, as relevant within the numerous international locations the place the supply is deployed, happens.

Hedging transactions

The secured leveraged supply implies that the counterparty financial institution of the mentioned supply will perform hedging transactions, on and/or off the markets, via purchases and/or gross sales of shares, buy of name choices and/or some other transactions, at any time and specifically as from the opening date of the interval for figuring out the subscription price and all through the period of the operation.

Itemizing of the shares

Veolia Environnement shares are admitted to buying and selling on Euronext Paris. The newly issued Veolia Environnement shares will probably be listed on the regulated market of Euronext Paris as quickly as doable after the completion of the capital improve. They are going to be admitted on the identical citation line as the prevailing shares (ISIN code: FR 0000124141-VIE) and will probably be absolutely assimilated to them as quickly as they’re admitted for buying and selling.

Particular point out for the worldwide market

This press release doesn’t represent a proposal to promote or a solicitation to subscribe for Veolia Environnement shares. The supply of Veolia Environnement shares is strictly reserved for the above-mentioned beneficiaries and will probably be made solely in these international locations the place, if relevant, such a proposal has been registered with or notified to the competent native authorities and/or following the approval of a prospectus by the competent native authorities, or in consideration of an exemption from the duty to arrange a prospectus or to register or notify the supply.

Extra typically, the supply will solely be made in international locations the place all required registration procedures and/or notifications could have been carried out and the mandatory authorisations obtained.

The Veolia Environnement shares which may be acquired on this supply will not be topic to any suggestion by governmental market or regulatory authorities. No recommendation or suggestion to take a position is given by Veolia Environnement or any employer. The funding resolution is a private resolution, which should be made by every worker bearing in mind his/her or her monetary assets, funding aims, private tax scenario, different funding options and the truth that the worth of a listed share is fluctuating. On this respect, beneficiaries are invited to contemplate diversification of their funding portfolio to make sure that the envisaged threat will not be too concentrated in a single funding.

The supply is made on a voluntary foundation by Veolia Environnement. Neither Veolia Environnement nor the employers are obliged to repeat the supply or to make comparable presents sooner or later. The phrases and circumstances of the supply don’t type a part of the workers’ employment contracts.

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ABOUT VEOLIA

Veolia’s ambition is to develop into the benchmark firm for ecological transformation. With almost 218,000 workers on 5 continents, the Group designs and deploys helpful, sensible options for managing water, waste and vitality that assist to transform the world. By way of its three complementary actions, Veolia contributes to creating entry to assets, preserving accessible assets and renewing them. In 2023, the Veolia group served 113 million folks with consuming water and 103 million with wastewater providers, produced 42 terawatt-hours of vitality and recovered 63 million metric tons of waste. Veolia Environnement (Paris Euronext: VIE) generated consolidated gross sales of €45.3 billion in 2023. www.veolia.com

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VEOLIA
GROUP MEDIAS RELATIONS VEOLIA
Laurent Obadia – Evgeniya Mazalova
Anna Beaubatie РAur̩lien Sarrosquy
Tél.+ 33 (0) 1 85 57 86 25
presse.groupe@veolia.com

INVESTORS & ANALYSTS VEOLIA
Ronald Wasylec – Ariane de Lamaze
Tél. + 33 (0) 1 85 57 84 76
investor-relations@veolia.com

Supply: Veolia Environnement