Terms of subscription

Who can take part?

All employees who have an employment contract on 17th June 2026 with a company that is part of ENGIE PEGI and have been on that contract for at least three months, whether consecutive or not, since 1st January 2025.

What are the payment methods?

To find out about the payment methods for LINK 2026, please consult your local LINK manager.

What amount can you invest?

You are free to choose the amount you wish to invest in LINK, within the following limits:

At least:
Your personal contribution must be at least equivalent to €10 in the local currency (based on the exchange rate set on 2nd June 2026).

At most:
Your payment into LINK 2026 must not exceed 25% of your gross annual remuneration for 2026 (including allowances, bonuses, etc.).

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What happens in the event of an over-subscription?

In accordance with the decisions of the Board of Directors of 5th November 2025 and the Chief Executive Officer of 18th February 2026, the total number of shares offered under LINK 2026 is limited by a double ceiling consisting of:

  • a maximum of 8 million shares, including the matching contribution (the Total Share Ceiling);
  • and the cost of LINK 2026 (overall cost of the discount and the matching contribution) limited to 37.5 million euros (the Total Euro Ceiling). The Total Euro Ceiling comprises a sub-pool (Euro Sub-Pool) corresponding to the costs of the matching contribution, the discount on the employer's matching contribution and the discount linked to the matched personal contribution. The Euro Sub-Pool is limited to 22 million euros. N.B.: if the Total Euro Ceiling is not reached, the unused amount will be added to the Euro Sub-Pool, thereby potentially avoiding a reduction in the amount in the sub-pool.
As soon as the Subscription Price has been determined, the Total Share Ceiling will be converted into euros on the basis of the Subscription Price. In the event that subscription applications lead to at least one of these ceilings being exceeded, the subscription applications will be reduced in accordance with the following terms and conditions:

If several ceilings are exceeded, including the Euro Sub-Pool, the reduction can be made for each ceiling, simultaneously or successively;

The amount of the ceiling will be divided by the number of participants in order to ascertain an average amount in euros to be allocated to each participant (the Average Sum Allocated);

  • All applications for an amount that is lower than or equal to the Average Sum Allocated will be allocated in full;
  • All applications for an amount higher than the Average Sum Allocated will be allocated, initially, up to the level of the Average Sum Allocated;
  • Thereafter, the amount above the Average Sum Allocated will be reduced proportionally by applying an allocation rate that is determined on the basis of the amount still to be allocated in relation to the amount requested that exceeds the Average Sum Allocated.

How to take part?

Take part in just a few clicks:

  • Click on the button “Subscribe to LINK 2026”
  • Log in with your username and password
  • Read the legal terms and conditions for subscribing to LINK
  • Fill in the subscription screen and remember to confirm your subscription
  • Download your subscription confirmation
Subscribe to LINK 2026

How long is the lock-in period?

Your investment in LINK 2026 is locked in for 5 years, i.e., until 29th July 2031 inclusive, except in the event of early release.