Glossary
Dividend
Part of the profit of a company distributed to shareholders by decision of the General Meeting of Shareholders.
Employer contribution
Contribution of your employer in addition to your global incentive plan invested in the ESP 2024 share ownership offer and resulting is issuance of additional FCPE units to you.
FCPE (corporate mutual fund)
A corporate mutual fund is a collective investment undertaking enabling a company’s employees to build up a collective portfolio of transferable securities. Its assets are jointly owned and divided into units or fractions of units. It is managed by a management company on behalf of, and solely in the interests of, the unitholders. The FCPE’s legal documentation (key information document and regulations) is subject to the approval of the French financial markets authority (Autorité des marchés financiers - AMF). A supervisory board composed of elected employee unitholders and management representatives oversees the FCPE’s management in the unitholders’ interests.
Gain/Loss
Gain or loss resulting from the sale of a transferable security. The difference between the security’s sale price and its purchase price constitutes a gain or a loss depending on whether the sale price is greater or less than the purchase price.
International Group Savings Plan (PEGI)
The International Group Savings Plan (PEGI) is a collective employee savings plan under French law, open to employees of the group’s international entities, that enables employees to build up a portfolio of transferable securities with the help of their company.
Share
Title deed representing a fraction of the company’s share capital. All the shares issued by a company form its share capital.
Unit (of the FCPE)
The FCPE’s unit value. Employees who invest in an FCPE hold units in it and are called “unitholders”. In the case of the OVHcloud Shares FCPE, the FCPE holds the OVHcloud shares and the employees own units in the FCPE.