Vetoquinol Universal Registration Document 2019

2 STATEMENT OF NON-FINANCIAL PERFORMANCE Overall health, safety and environmental policy 42   Vetoquinol  Universal Registration Document 2019  Financial report 2.4.5 Organization of staff dialog Vetoquinol complies with local legislation regarding staff dialog. Vetoquinol SA has organized staff elections to appoint the members of the new Social and Economic Committee (Comité social et économique or CSE). The CSE com- bines the former staff representative bodies comprising the Works Council (Comité d’entreprise - CE), the Health, Safety and Working Conditions Committee (Comité d'hy- giène, de sécurité et des conditions de travail - CHSCT) and the staff delegates (Délégués du personnel - DP). Members of the CSE are elected for a four-year term. Vetoquinol SA used these elections as an opportunity to switch to electronic voting. One trade union (CFDT) is represented in the company. In Poland, staff dialog takes the form of discussions with staff representatives elected by the employees. In 2016, a Works Council was created in Germany, and staff dialog at the subsidiary was established with these new staff representatives. New elections were held in 2018. 2.4.5.1 Collective agreements Six company agreements were signed in France in 2019: • February 4, 2019: agreement on the Technical Classifi- cation Committee, • February 19, 2019: agreement on equality at work, • April 17, 2019: agreement on 2019 wage policy, • November 27, 2019: agreement on quality of life at work, • November 28, 2019: agreement on workforce planning, • December 17, 2019: agreement on working at home. The Princeville plant in Quebec periodically negotiates its “Collective Bargaining Agreement” in accordance with local legislation applicable to union-affiliated sites. In 2018, an understanding was reached between manage- ment and employee representatives and the agreement was renegotiated for a further 5-year term. 2.4.5.2 Corporate savings plan In France, the Company set up a corporate savings plan in 1989. The plan is managed by Société Générale Gestion (S2G), Amundi and CPR Asset Management. Under the plan, employees have a choice of seven invest- ment funds in which to invest their savings from profit sharing, incentives and voluntary contributions. 2.4.5.3 ‘Generation’ agreement In France, the company agreement signed on November 17, 2016 for 2016-2019 follows on from an action plan that ended in 2016. The ’Generation’ agreement, which is an integral part of the measures regarding equality at work, the reduction of arduous work, recruitment policy and in-house job transfers, meets the following objectives: • Promote long-term employment of young people via permanent employment contracts, • Promote recruitment and continued employment of elderly employees, • Ensure that skills and know-how are passed on. A progress report is presented to management and staff representatives each year. An overall review will be drawn up in 2020. 2.4.5.4 Staff fringe benefits In France, in accordance with the law, the Social and Economic Committee manages Vetoquinol SA’s staff fringe benefits in compliance with applicable statutory provisions. A secure website has been set up to provide employees with information on all fringe benefits and cultural acti- vities (e.g. participating in sporting activities, travel, discounts, Christmas trees, miscellaneous events, etc.). In Poland, companies with more than 20 employees are required to set up a staff fund. The staff fund is governed by specific rules and is managed by a committee on which all parties are represented.