FAQ

It is a plan that allows employees to invest in their company’s shares of stock on favorable terms.

The Legrand Group wishes to further increase your involvement in the future of the Group.

The Employee Share Plan will enable you to become a shareholder in the Group on favorable terms.

It is an opportunity to share not only the fruits of our labor, but also the pride in belonging to a company that is moving forward thanks to the energy of each and every one of us.

All employees with an employment contract at the end of the subscription period, i.e. March 31, 2026, with a company that is a member of the Legrand PEGI, and who have worked for said company for at least three months on that date, continuously or discontinuously. These 3 months of employment are assessed over the period running from January 1, 2025 to the last day of the subscription period (scheduled for March 31, 2026) and can be acquired continuously or discontinuously via one or more employment contracts and/or possibly within one or more companies of the Legrand Group.

Due to sanctions imposed by the European Union, citizens or residents of Russia or Belarus who do not have legal residence or citizenship in the European Union, a member State of the European Economic Area or Switzerland may not participate in this plan. Consequently, the employee cannot be a national or resident of Russia, unless he/she is also a citizen of a Member State of the European Union, a member State of the European Economic Area or Switzerland, or he/she holds a temporary or permanent residence permit in one of these countries; and they cannot be a national or resident of Belarus, unless he/she is also a citizen of a Member State of the European Union or unless he/she holds a temporary or permanent residence permit in one of these Member States.

No, insofar as, as trainees, they are not employed by a Legrand Group company.

No. Employees cannot sign up as they have a contract with a temporary employment agency, not with a company of the Legrand Group.

Yes, as long as they meet the eligibility condition when signing up. Leaving the company, in particular for retirement, is one of the rules of early release that they may or may not choose to exercise.

Yes, employees who have given their notice of resignation can participate in the share plan, provided that they are still on the payroll of a member company on March 31, 2026 and that they meet the 3-month employment condition. 

If the employee will be resigning before taxes are taken in the June 2026 payrollcfor the company discount and match, the employee will be required to account for those taxes with a tax professional when they file their 2026 taxes.

If the employee will be resigning before payroll deductions start in July 2026, they must elect to pay by bank wire/ACH transfer.

No, retired employees are not eligible for the employee share plan.

Yes, as long as they meet the eligibility criteria. This situation may affect the calculation of the subscription limit depending on the gross annual remuneration, as only the employer’s payments can be taken into account, with the exclusion of benefits paid by a third party (e.g. health insurance).

In special cases, employees should contact their local HR department.

Yes, expatriates/inpatriates sign up for the plan in their host country (if this host country participates in the plan), via a voluntary payment only (see details in the list of possible financing options), unless they are a Restricted Person or are subject to the sanctions imposed by the European Union on citizens or residents of Russia or Belarus.

If their host country does not participate in the Legrand Group’s Employee Share Plan, they cannot take part in the plan.

All it takes to sign up is a few clicks:

1. Click on the “Sign up” button
2. Then click on the “Create my password” button
3. Enter your email address to get a temporary personal link so that you can log in
4. Choose your definitive password
5. Complete the subscription screen and don’t forget to confirm your subscription

Yes, if these 3 months of employment include a period in another Group country or when a temporary worker is hired after his/her assignment. The length of time spent working as a temp at the company during the 3 months preceding the recruitment is taken into account when calculating the employee’s length of service.

Please contact LNA.Benefits@legrand.com if you need help logging into the subscription website.

During the subscription period from March 13 to March 31, 2026, employees can change or cancel their subscription. At the end of the subscription period, their subscription is final and irrevocable.

The amount you elect to contribute (the "Subscription Amount") may not exceed 25% of your 2025 gross annual pay  (including base pay, commissions and bonuses). If you worked less than 12 months in 2025 or your employment commenced only in 2026, your pay will be annualized for purposes of this cap. This cap applies only to your elected Subscription Amount and does not include the value of any Company Matching Contribution (discussed below).

A link to a simulator/calculator is available on this website to help determine the maximum amount that you can invest in the Employee Share Plan.

The employee will be held responsible for failing to comply with the maximum investment limit. When signing up, he/she undertakes to comply with this limit.

If the HR department, when monitoring the employee shareholding operation, finds that the amount subscribed is too high in relation to the employee’s pay, they may contact said employee during the subscription period to change this amount. However, the HR department is under no obligation to do so, and cannot be held liable if the investment limit of 25% of the employee’s annual pay for 2025 is exceeded.

Should the total number of share requests exceed the number of shares made available under the Employee Share Plan (maximum of 230,000 shares), the highest subscriptions would be capped at a level that allows the total number of shares offered to be met. Subscriptions for an amount equal to or less than this “maximum” level will be met in full, and subscriptions for a higher amount will be limited to this level.

Your payment methods will then be reduced accordingly.

If you have opted for several payment methods, the reduction will apply in the following order of priority:

1. Voluntary payments by bank wire/ACH transfer
2. Voluntary payments via payroll deductions over 6 months in July - December 2026

The Legrand shares subscribed for by employees will be held in their account at Banque Transatlantique, a bank in France.

In return for the benefits of the Legrand Group’s Employee Share Plan, the employee’s investment is locked in until May 12, 2031, i.e. 60 months, as it forms part of an employee savings scheme.

Employees can release all or part of their shares before the plan expires (5 years) if they fall within one of the rules of early release provided for in their country.

The list of rules specific to the employee’s country is available in the local supplement, which can be downloaded from the “Documentation” section on the website.

Early release may have tax implications. We encourage you to review the tax information in your country’s local supplement and, where appropriate, to contact your own tax advisor before asking for a release.

The list of rules specific to the employee’s country is available in the local supplement, which can be downloaded from the “Documentation” section on the website.

Early release may have tax implications. We encourage you to review the tax information in your country’s local supplement and, where appropriate, to contact your own tax advisor before asking for a release.

The event justifying the early release can only be taken into account if it occurs after the end of the subscription period, i.e. after March 31, 2026. However, the request will only be processed after the shares are delivered, which is scheduled on May 12, 2026.

Employees submit their request on the TransatPlan platform (via the “Your transactions” tab). This request will be submitted to the approval of the company's designated administrator. Once the employee’s request has been validated, Banque Transatlantique will release the shares and the amount of the sale will be deposited in said employee’s Banque Transatlantique cash account. Lastly, a bank transfer from the cash account to their external personal account can be requested at any time. Please note: in some countries (particularly those where withholding tax applies), the local employer may first receive the amount before transferring it to the employee’s bank account.

Yes, employee shareholders will receive dividends paid directly to them, subject to the decision of the General Meeting of Shareholders.
Dividends will be subject to French withholding tax (currently 12.8%, deducted directly) and, depending on the country, may be considered taxable. We encourage you to review the tax information in your country's local supplement, available in the “Documentation” section and, where applicable, to contact your own tax advisor before asking for an exemption.

The taxation applicable to the Legrand Group’s Employee Share Plan is detailed in the local supplement specific to the employee’s country, and can be downloaded from the “Documentation” section on the website.

Employees have two options:

1. Hold on to their investment and wait until the end of the five-year holding period to recoup their investment,
2. Request the early release and sale of their shares, in order to receive the proceeds of the sale before the end of the holding period.

Please note: while all or part of their shares can be released, early release under the termination of the employment contract can only be used once. Account maintenance fees paid by the company during the employee’s employment period will be deducted from his/her account once he/she is no longer employed by Legrand. They can contact their account manager to find out about the amount.