Vetoquinol - Universal Registration Document - 2021

2 42 Vetoquinol Universal Registration Document 2020 Financial report STATEMENT OF NON-FINANCIAL PERFORMANCE Vetoquinol’s people 2.4.5 Organization of staff dialog Vetoquinol complies with local legislation regarding staff dialog. In France (Vetoquinol SA), employees were elected to the Social and Economic Committee in 2019 for a period of four years. 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 Germany, the last Works Council elections were held in 2018. In Brazil, with our location in Goiania since 2019 following the acquisition of Clarion, we are working with a union with ties to the region as there is no union presence in the plant. It is with this “outside” union that the collective agreements for the branch are being negotiated, in par- ticular salary revisions. They may come to the company’s premises for employee communications. In other countries, our subsidiaries are generally below the thresholds for setting up employee representation bodies. 2.4.5.1 Collective agreementsts Five company agreements were signed in France in 2020: • March 3, 2020, agreement on taking paid leave during the COVID-19 crisis, • June 8, 2020: agreement on 2020 wage policy, • July 17, 2020, profit-sharing agreement for the period 2020, 2021 and 2022, • on September 29, 2020, amendment 4 to the Veto- quinol SA employee profit-sharing agreement, • December 23, 2020, amendment 1 to Article 10 of the agreement on the reduction of working hours relating to the Time Savings Account signed on December 23, 1999. It provides for an expansion of eli- gibility for TSAs and the reasons for the use of days set aside. 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. In Italy, a restructuring plan was signed at the end of 2019 with employee representatives and unions from outside the company. This plan was then signed by each employee of the plant, which will be closed at the end of 2021. Part of its production will be transferred to our plant in Poland. 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 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.