Vivendi

The group’s business units endeavor to ensure that their employees benefit from the profits their work has generated by implementing equitable employee shareholding and profit sharing systems.

• In 2001, GVT created a Stock Options Program from which 900 employees now benefit. By allowing them to acquire shares at a preferential rate, GVT wants to encourage company spirit and make its employees true partners in the company.

• In 2009, the Canal+ Group paid 2.3 million euros in profit-sharing payments to the 4,300 employees of the Canal+ SEU (Social and Economic Unit). This payment was accompanied by an additional bonus of 3 million euros in recognition of the efforts made during the merger between Canal+ and TPS, bringing the total amount of profit-sharing payments to 5.3 million euros for 2009. Canal+ Horizons Senegal has implemented a profit sharing agreement in order to improve its employees’ standard of living, affected by the high inflation in recent years in Senegal. The agreement was signed early in 2009 for a period of three years, even though the country’s legislation requires no sharing of profits with employees.

• The profit sharing agreement put in place by SFR was also signed in June 2009 by Neuf Center and Neuf Assistance in order to integrate these companies of the former Neuf Cegetel group into the measures in force within the SFR SEU.