Vetoquinol Universal Registration Document 2019

2 Vetoquinol  Universal Registration Document 2019  Financial report   35 STATEMENT OF NON-FINANCIAL PERFORMANCE Vetoquinol’s people 2.4.1 Headcount analysis at December 31, 2019 2.4.1.1 2019 changes in headcount As of December 31, 2019, the Group had 2,372 employees compared to 2,132 at the end of 2018. The headcount increased by 11.3% compared to 0.6% in 2018. Breakdown of headcount per territory 2018 2019 Europe Asia Total Americas +3% +44% +2% +11.3% 1,235 1,272 435 628 462 2,132 2,372 472 Changes in headcount vary according to the regions concerned: • In Europe, headcount increased by 3%, mainly due to hiring at FarmVet Systems Ltd. (Northern Ireland) to fill vacant positions in order to develop our food-produ- cing animal health data business. For the time being, the reorganization of the Italian subsidiary initiated in 2019 has not had a material impact on headcount. • North and South America headcount shot up by 44% (193 more employees), mainly due to the acquisition of the new Clarion manufacturing and sales facility in Brazil designed to boost Vetoquinol’s operations in Brazil. • Asia headcount increased by a mere 2% between the 2018 and 2019 year-ends, mainly due to the large number of positions left vacant in India. The plan to expand the India sales force is not yet reflected in this figure.