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VALEO EMPLOYEE SHAREHOLDING PLAN
from 15 September 2026
to 29 September 2026
Video
Subscription price
€11.46

With the ELEVATE 2028 plan, Valeo aims to be stronger and perfectly positioned to make the most of the ongoing transformation of our industry.
Through the Shares4U employee stock ownership program, the Group wishes to involve you once again, and for the long term, in Valeo’s prospects by offering you the opportunity to subscribe for shares indirectly through the FCPE Valeorizon.

CHRISTOPHE PÉRILLAT
CHIEF EXECUTIVEOFFICER

Calendar

15/09/2026
●
Subscription price announced
15/09/2026
●
Start of the subscription period
29/09/2026
●
End of the subscription period

Notification of amounts payable by subscribers (after reduction calculation, if applicable) by the end of October.

18/11/2026
●
Capital increase
30/11/2029
●
Delivery of the Free Shares, subject to compliance with the terms and conditions provided
30/06/2031
●
End of the lock-up period for subscribed shares
Subscription price announced
Start of the subscription period
End of the subscription period

Notification of amounts payable by subscribers (after reduction calculation, if applicable) by the end of October.

Capital increase
Delivery of the Free Shares, subject to compliance with the terms and conditions provided
End of the lock-up period for subscribed shares

The offer
in brief

It is recommended to read carefully all the documents available for download on the website shares4u.valeo.com: the information brochure, the subscription form, the FCPE rules, the Key Information Documents (KID) and the Local Supplement.​

Shares4U aims to develop employee share ownership within the Valeo Group in Ireland and in 20 other countries. Your participation is free and voluntary. It allows you to subscribe to the share offer reserved for employees through the FCPE Valeorizon and to benefit from special conditions.​


1

You can participate if you are:

  • An employee with at least three months’ seniority on the closing date of the offer, scheduled for 29 September 2026.
2

You benefit from special conditions:

  • A reduced subscription price thanks to a 20% discount applied to the reference price of the Valeo share. The subscription price after discount will be communicated as from 15 September 2026.
  • A Valeo contribution, in the form of free shares, equivalent to an amount of €1,000 gross for €2,000 invested. The amount of Valeo’s financial contribution will be expressed as a number of shares obtained by dividing the contribution by the share subscription price and rounded down to the nearest whole number.
  • Payment of any dividends, automatically reinvested in the FCPE Valeorizon.
3

Your personal contribution must not exceed 25% of your annual gross remuneration.

4

Two periods of unavailability for your total investment:

  • Your investment, corresponding to your personal contribution in shares/FCPE units subscribed, is subject to a lock-up period until 30 June 2031 (except in cases of early release specified in the Local Supplement available on the website shares4u.valeo.com). In the event of early release, the redemption is carried out at market value.
  • The Free Shares received as part of Valeo’s contribution are subject to an unavailability period until 30 November 2029, subject to the vesting conditions being met.
5

Investment in shares involves risks; your savings will be invested entirely in Valeo listed shares through an FCPE and, as such, exposed to a risk of capital loss; your investment is subject to fluctuations in the Valeo share price.

6

Shares4U being concentrated in Valeo shares, each subscriber is recommended to diversify their investment.​

How do I pay?

You can pay for your subscription using:

 

the payment method specified online when subscribing on the Amundi website
or indicated in the subscription form. Please note that payment must be made before the date indicated in the Local Supplement.

What happens at the end of the lock-up period?

At the end of the lock-up period, your assets will become available. You will have the option to:

keep your assets in the FCPE Valeorizon for as long as you wish and continue to benefit from any dividends paid to the FCPE

request the redemption of all or part of your assets, in accordance with the terms and conditions set out in the PEGI (company savings plan) regulations.