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Prysmian Group – 2015 Sustainability Report
Prysmian’s People
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The YES programme has proved to be a real success. It was taken up by 6,469 staff in 28 countries. Around
30% of the entitled population became shareholders. Participation in the Plan in certain countries was very
high even in the second year. For example almost all staff in Romania joined the plan, 89% in Turkey and
67% at the Milan head office.
The third subscription period ended in December 2015 and the related shares will be acquired in summer
2016. Considering the subscription of the third wave at current prices, the YES plan will have the following
results:
7,226 shareholder employees, 44% of those entitled
€16.8M investment by employees over three years
420,000 own shares used by the company, which are free for staff
This high level of participation has persuaded Prysmian that the scheme should be continued for a further
three years. Proposal renewal will be put to the shareholders' meeting in April 2016. This will include certain
other benefits to encourage employees to join.
COMMITMENTS FOR THE FUTURE
For 2016, the Group has planned new transparency and process automation activities with regard to pay
issues, designed to simplify procedures and provide employees with immediate information.