Press release: Sanofi Launches 2025 Global Employee Stock Purchase Plan

Core Points - Sanofi is launching its global employee shareholder plan, Action 2025, on June 10, 2025, for approximately 70,000 employees across 55 countries, marking the program's 11th year [1][2] - In 2024, over 32,000 employees, representing 40% of the workforce, participated in the program, and nearly 90,000 current or former employees now hold about 2.55% of Sanofi's capital [1][2] Employee Participation - The subscription price for shares will be set at €72.97, which is a 20% discount based on the average of the 20 opening prices from May 7 to June 3, 2025 [2] - Employees can purchase up to 1,500 shares, with a maximum payment not exceeding 25% of their gross annual salary, and for every five shares subscribed, one free matching share will be offered, up to a maximum of four matching shares per employee [2][3] Subscription Details - Eligible employees must have three months of employment by the closing date of the offer period, with the subscription period running from June 10 to June 30, 2025 [3] - The total number of shares offered is limited to 1% of Sanofi's share capital as of January 29, 2025, after accounting for a previous capital increase reserved for employees [4] Share Characteristics - The new shares will be fully fungible with existing shares and will acquire dividend rights starting January 1, 2025, with voting rights exercised directly by employees [5] - Shares subscribed in France must be held for approximately five years, while those subscribed outside France may have a holding period of three years, depending on local regulations [6] Trading and Compliance - Admission of the shares to trading on the Euronext Paris market will be requested after the completion of the capital increase [7] - The offer will only be made in countries where all necessary registration and notification procedures have been completed [9]