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2015 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC280
INFORMATION ON THE COMPANY AND ITS CAPITAL
7EMPLOYEE INCENTIVE PLANS – EMPLOYEESHAREHOLDING
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5. Employee incentive plans –
Employeeshareholding
5.1 Profit-sharing plans
Most of the Group’s French companies have profi t-sharing and other profi t-based incentive plans.
The amounts paid by the Group’s French entities over the last fi ve years were:
(inmillions of euros) 2015 2014 2013 2012 2011
Profi t-based incentive plans and profi t-sharing plans 66.4 63.5 76.7 50.9 59.9
In2015, almost 59% of the total from incentives and profi t-sharing was invested in the Schneider Electric shareholder fund and nearly 21%
was cashed out by employees.
5.2 The «Schneider Electric» employee shareholding
Schneider Electric employees are the drivers of Company growth.
They are the main force behind the Group with their knowledge of
the business and their involvement in the roll-out of Group strategy.
By linking employees to its capital, Schneider Electric allows them
to profi t from value creation other than by their salary, thus aligning
the interests of the employees and the company. In countries where
regulations permit, Schneider Electric offers its employees the
opportunity to invest during share capital increases reserved to its
employees.
The Group’s last employee share issue took place in July2015. This
operation, without leverage effect, was offered to approximatively
90% of employees, 35% of employees subscribed to share capital
increase and 2.4million shares have thus been subscribed for a
total amount of 135 million euros.
At December31, 2015, Group employees held a total of 22.6million
Schneider ElectricSE shares through the corporate mutual funds
(FCPE) or directly, representing 3.84% of the capital and 6 % of the
voting rights, taking into account double voting rights.
Voting rights attached to shares held by corporate mutual funds are
exercised by the supervisory boards of the corporate mutual funds.
The Group’s employee shareholders are broken down as follows:
34% in France where they represent 57% of employee shareholding,
6% in the United States and 60% internationally. More than 36% of
employees are shareholders of the Group. They are spread among
nearly 60countries.