Take part in Legrand’s first international employee stock purchase plan and have a say in the future of the company. 

The employee stock purchase plan gives you, as an employee, the opportunity to further increase your involvement in the future of the company by investing in Legrand shares with favorable terms.

What are the benefits of the plan?

• You will receive a 20% discount on the reference price of the stock. 
• Legrand will match 100% of your contribution, up to a maximum of €600 (which is approximately $650).

Let’s illustrate these benefits with an example.

If the reference price is €88, the subscription price with the 20% discount is €70.40.

If you invest €600, Legrand will match your investment with a €600 matching contribution. Your investment in the employee stock purchase plan will total €1,200. 

You can only buy whole shares of stock, not partial shares, so when you type in your requested euro amount in the enrollment tool, your investment will be rounded down to the nearest whole number of Legrand shares. 

In our example, you will submit a request to purchase 17 shares. [on screen => €1,200 / €70.40 = 17.04 shares, rounded down to 17 shares]

And your actual investment in the plan, made up of your contribution and the company match, will be €1,196.80. [on screen => 17 shares x €70.40 = €1,196.80]

Thus, with your contribution of €598.4 and the discount and company match, your investment in Legrand shares will total €1,496. [on screen => 17 shares x €88 = €1,496]

[on screen at the bottom => To find out more about the taxes that apply to the plan, please refer to the U.S. supplement , available at https://employeeshareplan.legrandgroup.com.]

But that’s not all...

Legrand is offering three flexible payment options to help you pay for your contribution:

• You can make a one-time payment by check in April 
• You can elect to have the amount deducted from your pay over 12 months beginning in June, or 
• You can elect a combination of a one-time check and payroll deductions over one year.

Legrand will also pay for the account maintenance and management fees. 

Like any shareholder, you will earn any dividends that are paid on the shares.

Please note before you invest

Your investment mirrors the Legrand share price, which may increase or decrease.

Your investment carries a foreign exchange risk. As the Legrand share is listed in Euros on the Paris Stock Exchange, the value of your investment will vary based on fluctuations in the exchange rate between the Euro and the U.S. dollar.

While your investment is not protected or guaranteed, the benefits of the discounted price and the company match will limit your risk of loss if the Legrand share price falls, and will increase your profit if it rises.

Your investment in the plan will be locked in for five years, meaning you can’t sell the stock, unless you meet one of the early release rules listed in the U.S. supplement.

Your investment is subject to taxation. Read the U.S. supplement for details.

If you have any questions, contact your local HR representative or the U.S. representatives in the “Contact” section at https://employeeshareplan.legrandgroup.com. 

Would you like to make the most of this opportunity?

This plan is available to all employees, and you can buy as little as one share of Legrand stock. 

Visit https://employeeshareplan.legrandgroup.com to find out more and to make your investment election starting Monday, March 18th, until 6 p.m. ET on Tuesday, April 2, 2024. 

Seizing the future together