Fiscal 2020 Integrated Report

Independence ensured through founding family shareholding

Sodexo’s independence is ensured through the shareholding of Mr. and Mrs. Pierre Bellon and their children who control 72.6% of the family coordinating company, Bellon SA. As of August 31, 2020, Bellon SA held 42.8% of Sodexo’s capital and 57.1% of the exercisable voting rights.

In June 2015, Mr. and Mrs. Pierre Bellon and their children entered into a 50-year agreement, which prevents the direct descendants of Sodexo’s founder from freely disposing of their shares in Bellon SA.

The sole asset of Bellon SA is its holding in Sodexo shares and Bellon SA does not intend to sell this shareholding to third parties.

This independence enables the Company to sustain its values, focus on a long-term strategy, maintain management continuity and ensure its sustainability.

Since the creation of Bellon SA, the sustained commitment to build a truly international organization and a strong management team, nurture lasting client relationships and develop a successful integrated offer, reflects this vision.

SHAREHOLDING STRUCTURE

As of August 31, 2020

SODEXO

EMPLOYEES 1%

TREASURY SHARES 1%

SOFINSOD 100%

19.6%

BELLON SA FAMILY COORDINATING COMPANY

PUBLIC 55.2%

of which 51.1 % Institutions and 4.1% Individual Shareholders

VOTING RIGHTS 

As of August 31, 2020

57.1% BELLON SA

1.3% EMPLOYEES

41.6% PUBLIC