Legrand Announces Second International Employee Share Ownership Plan

Expansion of Employee Shareholding

Legrand, the French-based global specialist in electrical and digital building infrastructures, has officially launched its second international employee share ownership plan. This initiative is designed to further involve the company's workforce in its corporate development and success by offering eligible employees the opportunity to become shareholders under preferential conditions.

Program Details and Eligibility

The plan is being rolled out across a significant portion of the group's international footprint. Key features of the offering include:

• Discounted Pricing: Eligible employees are offered the opportunity to purchase shares at a discount compared to the reference price.
• Broad Participation: The program targets a wide range of employees across multiple countries where Legrand operates.
• Long-term Alignment: By facilitating share ownership, the company aims to foster a stronger sense of belonging and align the interests of its staff with the group's strategic goals.

The specific terms, including the exact discount rate and the number of countries involved, are tailored to comply with local regulatory requirements in each participating jurisdiction.

Strategic Objectives

This initiative follows the success of Legrand's previous international share ownership efforts. Management has consistently emphasized that employee shareholding is a key component of its human resources strategy. By encouraging staff to invest in the company, Legrand seeks to reinforce its corporate culture and commitment to sustainable growth. The company continues to focus on its core business of providing solutions for electrical and digital building infrastructures worldwide.

Commitment to Workforce Engagement

The launch of this second plan underscores Legrand's ongoing commitment to its global workforce. As the company navigates the evolving landscape of the building infrastructure market, it views employee engagement as a critical driver of performance. Through this share ownership program, Legrand provides its employees with a tangible stake in the company's future, reflecting its broader philosophy of shared value creation.