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VALEO EMPLOYEE SHAREHOLDING PLAN
From September 15, 2026
to September 29, 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
CEO

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
End of the vesting period and delivery of Free Shares if vesting conditions have been met
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
End of the vesting period and delivery of Free Shares if vesting conditions have been met
End of the lock-up period for subscribed shares

The offer
at a glance

We recommend that you read carefully all the documents available for download on the website, including the information brochure, the subscription, the local supplement, the Key Information Documents (KID), which can be found at shares4u.valeo.com.

The purpose of the Shares4U Offer is to promote employee share ownership within the Valeo Group in The United States and in 20 other countries. Participation in this offer is your decision to make. This offer gives you the possibility to subscribe for the capital increase reserved for employees and benefit from special conditions: ​


1

You can participate if you are:

  • Employees, with at least 3 months’ seniority with a Valeo Group company as at the last date of subscription period September 29, 2026.
2

You benefit from special conditions:

  • A preferential subscription price thanks to a 20% reduction. ​
  • 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 contribution will be expressed as a number of shares obtained by dividing the contribution by the subscription price of the share, rounded down to the nearest whole number.
  • An opportunity to benefit from any dividends.
3

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

4

Two periods of unavailability for your total investment:

  • Your investment, corresponding to your personal contribution (shares units subscribed), is subject to a lock-up period until June 30, 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 November 30, 2029, provided that the vesting conditions are met.
5

You accept the risks involved in an equity investment : your savings will be invested solely in Valeo shares listed on Euronext Paris and therefore exposed to a risk of loss of capital; your investment is subject to changes in the Valeo share price;

6

You also accept the risks linked to changes in the value of the U.S. dollar against the euro.

7

Shares4U is principally based on Valeo shares; therefore, subscribers are advised to diversify their investments.

How do I pay?

You can pay for your subscription using:

 

the payment method sindicated on the subscription form.
Please note that payment must be madeprior to 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 for your subscribed shares, your investments become available. After this date :

investments may continue to be held in the PEGI.

the shares may be sold at any time.