02 October, 2023

Air France-KLM is launching a global employee share purchase plan

Air France-KLM announced its intention to launch "Partners for the future", an employee share purchase plan offered to around 75,000 eligible employees in 20 countries. The objective of this plan is to strengthen the link between Air France-KLM and its employees by giving them a long-term stake in the Group's objectives, performance and future success.

The offer "Partners for the future" is deployed in Australia, Brazil, Canada, Chile, China, Czech Republic, France, French Polynesia, Germany, Hungary, India, Italy, Mauritius, Mexico, Netherlands, Philippines, Singapore, Spain, United Kingdom and United States of America. Around 95% of Air France-KLM’s workforce will thus have the opportunity to participate.

The proposed shares will be issued as part of a capital increase that may not exceed 3% of Air France-KLM's share capital. This operation is carried out in accordance with the 34th and 35th resolutions of the Annual General Meeting of June 7, 2023.

The offer is made within the framework of the Employee Savings Plan, the Group Employee Savings Plan and the International Group Employee Savings Plan set up by the Air France-KLM group.

Mr. Benjamin Smith, Group CEO, stated: "We are very proud to launch this global employee share purchase plan which reflects our determination to recognize the commitment of our employees to the company. With this plan, we are offering our colleagues an ever-closer involvement in the Group's development, its prospects and the sharing of the value we are striving to create collectively."