Fiscal 2020 Universal Registration Document

Registered shares

Registered shares are shares that are registered in the holder’s name in Sodexo’s share register (unlike bearer shares). They may be directly or indirectly registered. Registered Sodexo shareholders are entitled to:

• double voting rights for registered shares held for at least four years; 
• a dividend premium of 10% for registered shares held for at least four years, limited to 0.5% of Sodexo’s issued capital per shareholder; 
• automatic invitation to Shareholders Meetings and personalized information on all financial transactions (capital increases, bond issues, etc.); 
• reduced administration costs (for directly registered shares only). 

1. Directly registered shares (French nominatif pur)

The shares are recorded in the holder’s name in a share account kept by the Company’s registrar, Société Générale, allowing direct communications between the shareholder and Sodexo.

2. Indirectly registered shares (French nominatif administré)

In this case, the shares are registered in the holder’s name in a share account managed by his or her bank or broker, which is responsible for the related custodial and administration services. The shares are administered in the same way as for bearer shares.

TSR

Total Shareholder Return (TSR) is a measure of the performance of a company’s shares over time. The total return to the shareholder combines share price appreciation and dividends paid.