Sanofi has launched its 2025 global employee stock purchase plan, Action 2025, offering around 70,000 employees in 55 countries the opportunity to buy shares at a 20% discount, with one free matching share for every five purchased. Employees can subscribe from June 10 to June 30, 2025, with a maximum of 1,500 shares per person and shares to be held for three to five years depending on the country. The plan highlights Sanofi’s commitment to employee ownership, with nearly 90,000 current or former employees now shareholders, collectively holding about 2.55% of the company’s capital.

Nexans will launch its 11th employee share offering, “ACT 2025,” in the second half of 2025, allowing employees in 28 countries to purchase shares through a leveraged and secured plan, with a 20% discount on the reference price. This initiative reflects Nexans' ongoing commitment to employee involvement in the company’s performance and will include both direct share subscriptions and participation through company savings plans (FCPE), with a required five-year holding period. The final terms, including the subscription price, will be set on June 20, 2025, and shares are scheduled for settlement and delivery on July 30, 2025.

Renault Group is continuing its commitment to employee share ownership with the fourth edition of its Renaulution Shareplan, offering nearly 100,000 employees across 30 countries three free shares and the chance to buy additional shares at a 30% discount. From May 12–30, 2025, eligible employees in 24 countries can subscribe at €31.34 per share, significantly below the €44.76 reference price, with further benefits including free shares for each purchased share. This initiative underscores Renault’s focus on inclusive value sharing and employee engagement in the company’s long-term success.

French Act No. 2023-1107, effective January 1, 2025, mandates companies with 11 to 49 employees and consistent profits to implement at least one value-sharing scheme, such as profit-sharing, a value-sharing bonus, or contributions to an employee savings plan. The law aims to promote employee involvement in company performance, particularly in small and medium-sized enterprises, while simplifying and expanding value-sharing mechanisms. The value-sharing bonus, exempt from social security contributions up to €3,000 or €6,000 under certain conditions, can be implemented through a collective agreement or a unilateral employer decision, ensuring flexibility for businesses.

France has introduced changes to profit/value-sharing rules and new ESG requirements for employee savings plans (PEE and PER). From 2025, companies with over 10 FTEs and meeting profit criteria must implement a profit-sharing mechanism, such as profit-sharing agreements, incentive agreements, or value-sharing bonuses, though preferential tax treatment for the Value Sharing Bonus will become more restricted unless paid into approved savings plans. Additionally, from July 2024, PEE and PER plans must offer at least one investment option aligned with energy, ecological, or socially responsible criteria, alongside the mandatory socially responsible fund.

Capgemini's eleventh employee shareholding plan attracted over 55,000 participants from 32 countries, reflecting strong employee trust in the company's strategy. The plan involved a €415 million capital increase through the subscription of 2.7 million shares at a discounted price, maintaining employee ownership at around 8% of the Group’s capital. To prevent shareholder dilution, Capgemini repurchased and canceled an equivalent number of shares for €474 million, ensuring alignment with its long-term strategic goals.

The 2024 Renaulution Shareplan achieved remarkable success, with 43% of eligible Renault Group employees participating, up from 36% in 2023. Over 93,000 employees will benefit from 7 free shares each, and nearly 46,000 employees subscribed to additional shares at a discounted price, resulting in the transfer of approximately 1.88 million shares, representing 0.64% of Renault SA's capital. This initiative reflects strong employee confidence in the Group’s strategy, bringing total employee ownership to 5.74% of Renault SA's capital, as the company works toward its goal of 10% employee shareholding.

Apave has successfully completed its second employee shareholding offer, continuing its commitment to involving employees in the Group's long-term development and performance. With 72% of eligible employees in France participating—an increase from the first offer in 2021—this initiative provides employees with shareholder opportunities through an FCPE, featuring special subscription conditions like matching contributions and discounts. Employee shareholders now hold 2.6% of Apave's capital, reinforcing the Group's dedication to employee engagement and shared success.