___ To respond more effectively to the expectations of its shareholders, Sodexo continuously works to improve its investor relations program by developing new information channels and in the quality of its interactions during the different meetings with the financial community.
In order to comply with all applicable regulations in connection with its listing on Euronext Paris (the French stock exchange), Sodexo and all those involved in preparing financial communications have committed to a set of transparency principles designed to ensure equal treatment of all shareholders.
Sodexo’s investor relations policy is based on four core principles:
Only the Chairwoman, the Chief Executive Officer and members of the Executive Committee are authorized to provide financial communications. The Chief Executive Officer appoints the Director of Financial Communications to act as spokesperson for the Group, within specific delegated powers.
All financial communication is reviewed prior to publication by a Group Disclosure Committee comprising representatives from Group Finance, Communications, Corporate Responsibility, Legal, Board secretary and Human Resources.
Barring exceptional circumstances, all information with the potential to influence the share price is published before Euronext Paris opens for trading.
After approval of this information by the Chief Executive Officer, the Chief Financial Officer or the Board of Directors (depending on its nature), it is communicated to the markets via a press release issued simultaneously to the entire financial community and to the stock market authorities.
Sodexo does not communicate financial information during the following periods:
To ensure Sodexo’s commitment to transparency and regulatory compliance, the Board of Directors adopted a Code of conduct with integrity principles for senior managers in 2003. Since that date, the Group’s Executive Committee members and key finance executives must systematically and formally sign up to this Code and abide by its principles.
This Code of conduct sets out a core set of behaviors: