What is the leveraged formula?

100% guaranteed

By subscribing to ESOP 203 :

¹ Except in the exceptional case in which the contract through which the leverage is provided would be canceled (as more fully described in the promissory note) by the Bank or the insolvency or default of the Bank. Your personal contribution will not be protected if either of these cases were to occur, as described in more detail in the Risk factors section of the US Supplement.

On the other hand:

1. The participation in the protected average increase is partial and decreases as the protected average increase in the price of the Capgemini share grows,
2. Your performance will be calculated without considering the 12.5% discount on the reference price.
3. You will not earn dividends nor other financial rights that may be paid on these shares during the plan term.
4. Your investment must be held for a period of five years (except in case of authorised early release).

The protected average increase and the multiple booster

Your gain is calculated based on the protected average increase in the Capgemini share price over the duration of the plan.

Each month (on the last trading business day) the Capgemini SE share price will be recorded. The 60 readings will be used to calculate the average Capgemini SE share price over the 5 year holding period. The average is called protected as none of the readings can be below the reference price. If any of the 60 readings are lower than the reference price, they will be automatically replaced by the reference price.

The average of the Capgemini SE share price over the 5 years is compared to the reference price. This difference, when positive, gives the Protected Average Increase.

Protected Average increase = Protected average – Reference price

What is the multiple and why does it have an amplifying effect?

The multiple is a multiplier coefficient applied to the average increase. It allows you to multiply your gain and therefore optimize your performance. The multiple decreases as the protected average increase in the price of the Capgemini share grows.

How does it work?

Examples: In these examples, an indicative reference price of €150 is used, i.e. a subscription price by employees of €131.25 (87.5% x €150) with a 12.5% discount. Note that the performance is calculated by relinquishing the discount.

And an indicative exchange rate between the Euro and the U.S. dollar of 1 Euro = [$1.10] is used to calculate the number of shares subscribed. The examples below do not take into account any change in the exchange rate between the Euro and the U.S. dollar between inception and maturity of the Plan.

² Before U.S. federal, state and local taxes and social security deductions, without taking into account changes in the exchange rate between the Euro and the U.S. dollar. While exchange rate fluctuations may affect the value of your gains, they will not affect the guarantee of your personal contribution. On September [XX], 2023, the exchange rate between the Euro and the U.S. dollar was 1 Euro = approximately $[1.10]. For further information, please see the U.S. Supplement.

What are the risks?

Your investment carries no risk of capital loss in US dollars because your personal contribution is guaranteed in US dollars.

What is the investment period ?

Your shares are locked up for 5 years except in case of early release. Following the holding period, you cannot maintain your assets in the ESOP 2023.

Early release cases: Your investment will be held for five years. However, in some circumstances, early release may be allowed, for instance in case of: