Shareholders

Employee share ownership.

In our labour and management intensive environment, we consider share ownership to be an essential means of motivating employees and giving them a stake in the Group's performance. The employee savings policy introduced in 1995 with the creation of the Castor fund is intended to facilitate access to VINCI's capital for all employees, and particularly those with a more modest income.

In 2008, the economy was marked by substantial worldwide economic and financial upheaval resulting in highly fluctuating stock markets.
Nevertheless, and in line with the actions implemented to date in the area of employee savings schemes, VINCI maintained the principle of three capital increases a year under its savings scheme in France. This product – open to employees since 1995 – earns its legitimacy and its strength from these recurring operations and  its continuing operation.

The number of savers in France, despite a slight taper, has remained relatively high (nearly 60% of the workforce in 2008 compared with 72% in 2007).