Q&A
This year, the minimum guaranteed return is 3% per year.
In addition to the 25% limit, this year’s investment in Link Multiple is limited to €1,000 (or the equivalent in your local currency). Do not hesitate to use the simulator to check that you are within the applicable limits before subscribing.
This year, the matching contribution for shares in Link Classic is 200% up to €250 invested, i.e. a maximum gross matching contribution of €500.
This year, the free shares allocated under the matching contribution will not be delivered at the end of the five-year period (and subject to a condition of presence), but instead will be deposited upon completion of the transaction (scheduled for 7 November 2024).
Depending on your country of residence, the matching contribution may be subject to income tax and/or social security contributions.
For more information, please refer to the Supplement Regulations in your country, which can be found under the “Documentation” tab.
- All permanent employees hired before June 1, 2024, excluding certain unions and interns.
Yes, an employee on a fixed-term contract can take part providing he/she is on the payroll of one of the companies participating in Link on 30 September 2024 as long as they are hired before June 1, 2024 and are not an intern or excluded by union agreement.
No, those taking part in the VIE programme don’t have an employment contract with an ENGIE Group company and cannot invest in the transaction.
Yes, an expatriate/impatriate can subscribe to the offer in his/her host country, where he/she is resident for tax purposes.
If his/her host country does not participate in Link, he/she may invest in the transaction in the plan rolled out in connection with the PEG or PEGI in his/her home country, provided that he/she still has an employment contract with the employer who is a member of the PEG or PEGI, even if this contract is suspended or he/she has received no salary from this employer (in this case, he/she must confirm the applicable tax and social security arrangements).
In this case, the limit on payments into the PEG or PEGI plan is set by French law: it is equal to 25% of the annual social security limit for 2024. For information, the annual social security limit for 2024 is €46,368 (thus 25% of the annual social security limit for 2024 = €11,592).
Yes, an expatriate/impatriate can subscribe to the offer in his/her host country, where he/she is resident for tax purposes.
If his/her host country does not participate in Link, he/she may invest in the transaction in the plan rolled out in connection with the PEG or PEGI in his/her home country, provided that he/she still has an employment contract with the employer who is a member of the PEG or PEGI, even if this contract is suspended or he/she has received no salary from this employer (in this case, he/she must confirm the applicable tax and social security arrangements).
In this case, the limit on payments into the PEG or PEGI plan is set by French law: it is equal to 25% of the annual social security limit for 2024. For information, the annual social security limit for 2024 is €46,368 (thus 25% of the annual social security limit for 2024 = €11,592).
No, it is not sufficient to have worked for over 3 months for the Group: this work must be performed with employee status and the individual must have retained his/her employee status with a company that is a member of the ENGIE PEFI on 30 September 2024.
No, employees who leave the Group during the reservation period cannot invest in Link as, to invest, you must be an employee of a company that is a member of the ENGIE PEGI at the end of the cancellation period, i.e., on 30 September 2024.
No, since you have to be on the payroll of a company that is part of ENGIE PEGI on 30 September 2024.
Yes, employees that are working their notice can take part in Link providing they are still on the payroll of a company that is part of ENGIE PEGI on 30 September 2024.
Yes, because the option is open to each employee on an individual basis.
Your personal contribution must be at least the subscription price of a share for each plan selected.
Your total payments should not exceed 25% of your gross annual remuneration for 2024 (including allowances, bonuses, etc.).
Moreover, your personal contribution to the Link Multiple plan is limited to €1,000.
Please note that to comply with the limit of 25% of your gross annual remuneration, you must check that:
10 x Personal contribution in Link Multiple
(corresponding to 1 x your personal contribution + 9 times for the bank supplement)
+
1 x Personal contribution in Link Classic
≤ 25 % of your gross annual remuneration for 2024
A simulator is available to help you check that your investment in Link 2024 does not exceed the authorised threshold.
Your gross annual remuneration is made up of your annual salary, your allowances and bonuses paid in 2024, excluding profit sharing.
The username is your professional email address. If you have any issues with it, contact HR.
The username is your work email address.
For your password, you can generate a new password directly on the subscription website.
The employee will continue to be liable to ENGIE and his employer for payment of any unpaid sums, and the employer may, subject to the applicable legal conditions, deduct from his salary and, in the event of termination of the employment contract, from the sums owed on any outstanding account, the amount of the sums thus advanced.
In the event of a payment incident that has not been remedied, ENGIE may transfer all of the shares subscribed to/acquired under Link 2024. The details of the planned process are set out in the legal terms and conditions for participating in Link 2024.
You can contact your Link Manager who will outline the steps to be followed and the documents to be provided.
All early release cases are indicated in the supplement regulations for your country, which are available under the “Documentation” tab.
If you have subscribed to the Link Multiple plan, the amount owed to you in respect of your SAR will be paid to you automatically in the event of early redemption. Please refer to the supplement regulations specific to your country for more information.
Given the early redemption scenarios, no time limit is required.
However, the event triggering the early redemption must take place from the day after the end date of the cancellation period, i.e. from 1 October 2024, for Link 2024 redemption.
Yes. It is possible to request the redemption of all or part of the shares.
However, a reason for early redemption can only be used once - if during a case of early redemption, you only sell part of your shares, the rest remain locked-in until maturity, unless you are involved in another early redemption case.
Yes, but a special procedure will be set up. Any event that occurs on or after the day after the cancellation period (i.e. on or after 1 October 2024) may allow the early redemption of shares linked to participation in the transaction, but requests for early redemption will be put on hold and processed only after the completion of the transaction, after 7 November 2024.
Yes, like any shareholder, you have voting rights linked to the shares you hold. You can also subscribe to the e-invitation to the General Meeting directly on the subscription website.
After two years of holding the shares under the Link 2024 offer, you will have double voting rights on these shares.