SUBSCRIBING TO 2024 OFFER
HOW TO SUBSCRIBE?
HOW DO I PAY ?
According to your working country, you can pay for your subscription:
- With a loan from your employer,
- In cash.
Or by combining the two payment methods. Details of these different payment methods are set out in the local supplement.
How to subscribe?
To participate, you must connect to the website, www.ake2024.arkema.com, between September 16 to 30, 2024, and click on the “Subscribe” button.
You can then take part in the 2024 Offer by using the ID that has previously been sent to you by email.
You also have the possibility to subscribe by filling out the subscription form available on the documentation section in the website www.ake2024.arkema.com or upon request to your HR department.
What amount can I subscribe?
The minimum subscription amount is €15 and the maximum subscription amount is the equivalent of 750 discounted shares. In addition, the total amount of your investments for the year, in any employee savings plan, must not exceed 25% of your gross annual compensation.
The maximum number of shares that will be issued under the 2024 Offer is limited by the total amount authorized at the Shareholders’ Meeting. If this amount is exceeded, subscriptions will be reduced in accordance with the following formula:
- The total number of shares being offered for subscription will be divided by the number of subscribers (the “Average Amount”).
- All subscription requests will be honored up to the Average Amount.
- The remaining shares being offered will then be divided by the number of subscribers whose subscription request is greater than the Average Amount (the “New Average Amount”).
- They will then be allotted shares up to this New Average Amount.
This process will be repeated up until all shares being offered have been duly distributed.
When will I know how many shares have been allocated to me?
After the capital increase, you will receive an allocation notice specifying the number of units you hold in the FCPE Arkema Actionnariat International Relais 2024. (This is to be merged with the FCPE Arkema Actionnariat International after the decision of the Supervisory Board and agreement of the French “Autorité des Marchés Financiers”). You will also receive a confirmation of the number of matched free shares you have been granted.
How long is the lock-up period and what is the tax treatment?
To benefit from the favorable conditions of this offer, your purchased shares will be locked up for a five-year period (as further described in the country supplement). However, there are certain exceptions, that allow you to exit the plan prior to the expiration of the lock-up period. These early-exit events are more thoroughly described in your country’s local supplement.
Employee shareholding offers enjoy special tax treatment in many countries. It is your responsibility to inform yourself about the tax and social security treatment applicable to you, particularly with regard to your country of assignment. During this lock-up period, your investment is subject to fluctuations in the Arkema share price, whether upward or downward. Your investment is also subject to changes in exchange rates. There is therefore a risk of capital loss.
What happens after the lock-up period?
You can dispose of your investment or choose to keep it in your account for as long as you want.