FAQ

What?

Together 2021 is a new employee share offer reserved for Orange Group employees.

It allows you to acquire Orange shares under favourable and preferential terms:

  • 30% discount on the reference price of the Orange share
  • A company gross matching contribution of up to €2,600 in addition to your personal contribution
  • Potential dividends
  • Coverage of management fees

In return, your investment will be blocked until 1st June 2026.

  • 30% discount on the reference price of the Orange share
  • Matching contribution of up to €2,600 (gross)
  • Potential dividends
  • Potential gain equal to 100% of any increase in the share price upon maturity in relation to the subscription price

Who?

  • All employees of the Group’s companies that subscribe to the Orange PEG, with at least 3 months of employment on the last day of the withdrawal/subscription period, scheduled on 8 November 2021,

HOW IS THE LENGTH OF SERVICE CONDITION CALCULATED?

This condition is assessed over the 24 months preceding the end of the withdrawal/subscription period

Yes, as long as you meet the length of service condition, i.e. 3 months of employment within the Group as of 8 November 2021.

When?

From 17 September to 30 September 2021: reservation period.

You reserve an amount while the share price is unknown. You can change your reservation online until the last day of the reservation period, i.e. until 30 September 2021. The last reservation request confirmed on the website will be taken into account at the end of the reservation period.

 

The subscription price will be announced on 3 November 2021.

 

From 4 November to 8 November 2021: withdrawal/subscription period.

If you have made a reservation, you can cancel it altogether if you want to. The cancellation cannot be partial; it must be a total cancellation.

During this period, if you haven’t made a reservation, you can subscribe at a known price within a limit of €150.

If you made a reservation between 17 and 30 September 2021, you don’t need to confirm your subscription. It will automatically become final and irrevocable after 8 November 2021.

How much?

The minimum investment is 1 Orange share.

The entire amount of your payments cannot exceed 25% of your gross annual remuneration for 2021 (including premiums and bonuses).

The Together 2021 offer forms part of Orange’s Plan d’Epargne Groupe International, the regulations of which mention this subscription limit you need to comply with. Controls will be carried out on very high reservations and you may be asked to reduce your reservation where appropriate.

If the total amount subscribed, including matching contribution, exceeds €260 million (expressed based on the reference price of the share), individual subscriptions will be reduced according to the following rules:

  • the first bracket with the 300% matching contribution will be paid in full
  • a single ceiling will be calculated for all subscribers (including matching contribution),
  • requests lower than or equal to this ceiling will be paid in full,
  • requests in excess of this ceiling will be capped at the level of this ceiling.

How?

All it takes is a few clicks:

  • Click on « Subscribe to Together 2021 ».
  • Log in using your personal codes sent by Amundi* in 2 successive emails
  • Complete the reservation screen and don’t forget to confirm your reservation by 30 September 2021 at the latest.
  • If you have any questions regarding Together 2021, contact the hotline at +33 4 75 86 24 83

* Amundi is the financial institution that manages all subscriptions for the offer.

  • Your access code: it is detailed in Amundi’s email that you will receive when the subscription period opens. If you cannot find it, call: +33 4 75 86 24 83
  • Your password: if you cannot find it, you can ask for it on the subscription website. You will receive it by email.

And then how will my investment be managed?

Your shares will be delivered to BNP Paribas Securities Services on 1st December 2021, where they will be held in a securities account in your name on a pure registered basis.

You will receive an access code to your account on the website: https://planetshares.bnpparibas.com and you may ask for your password online. If you already have an account with BNP Paribas Securities Services, your shares will be delivered to this account and you must use your usual identifiers to log in.

If you are an employee, account management fees are covered by Orange. If you leave the Group for a reason other than retirement, you will be responsible for account management fees 1 year after your departure, which will be directly deducted from the amount of your assets.

Any dividends paid by Orange will be directly transferred to your bank account by the bank at which your securities account is held (BNP Paribas Securities Services). They may be subject to withholding taxes in France and to additional taxation in force in your country.

Your investment is blocked until 1st June 2026. The law however provides for cases of early release allowing you to recoup your assets before their maturity date without losing your tax and social security benefits. These cases are detailed in the local supplement of your country.