Mandatory & optional profit sharing Owing to the coexistence of legally distinct companies, there is no single system of profit sharing and incentive plans for the Group. These schemes are widely implemented in France, however, with amounts distributed by the Group in 2022 of €21.5 million in mandatory profit sharing (participation ) and €5.8 million in incentive payments (intéressement), equivalent to 5.42% of the total payroll. In 2022, the Group also paid out supplementary profit sharing (for a total of €1 million) and exceptional purchasing power bonuses (PEPA) for a total amount of €3.8 million, in addition to local initiatives and the customary negotiations. 4.6 Labor relations GEODIS attaches great importance to freedom of association and the right to collective bargaining, principles that are enshrined in the Group’s Code of Ethics. The Group maintains a permanent and constructive labor relations dialogue with its employee representatives. GEODIS has structured its labor relations dialogue to allow for effective local exchanges with employee representatives at the local level and at the European level with the existence of a European Consultation Committee (ECC). Established more than 20 years ago, the ECC is a single body operating at European level that serves as a forum for exchange and information and represents the Group’s 22,894 European employees. The ECC provides employee representatives with information on the Group’s social, economic and financial situation, and enables them to express their observations, make proposals and adopt positions. The Committee meets twice a year and is made up of 26 employee representatives. At a local level, each line of business and each region has its own management and decision-making bodies for the organization of its labor relations, in accordance with local regulations. France The Group’s employees in France are represented by: • 1,097 employees participating in representative bodies, i.e. 7% of the total number of permanent employees in France; • 116 employees appointed by a trade union as representatives, i.e. approximately 0.75% of the total permanent workforce in France. The Distribution & Express and European Road Network lines of business (which represent 70% of the total workforce in France) have signed labor relations agreements in order to organize the proper exercise of trade union rights and to make the trade unions genuine partners and players in this labor relations dialogue. In 2022, 118 collective agreements were negotiated and signed between employee representatives and Group entities. In particular, these agreements cover salaries, profit sharing, gender equality, quality of life at work and the management of jobs and career paths. Europe (excluding France) The organization of labor relations in Europe (excluding France) varies from one country to another. While some countries have works councils, others have only employee or union representatives. Collective agreements covering a variety of subjects may be negotiated, applying to all employees or only to certain categories of employees. In 2022, seven collective agreements were signed in Europe, most notably in Denmark and Sweden. Asia (Asia-Pacific & Middle East) In Asia-Pacific and the Middle East, two collective agreements were signed for a period of three years in Vietnam and Singapore, within the entity Keppel Logistics. These agreements contain numerous provisions, notably on employment conditions, working hours and salaries. Americas In the United States, 91 union representatives are present at certain Group sites, notably in Memphis, Tennessee and Chicago, Illinois. A collective bargaining agreement was under negotiation for the Memphis site in 2022. In Brazil, a collective labor agreement was signed in 2022 for a period of one year on various subjects, including working hours and employee profit sharing. In Mexico, meanwhile, 22 collective agreements signed between management and a local union on employment conditions, working hours and compensation are currently in force. 63 2022 ACTIVITY AND SUSTAINABILITY REPORT EDITORIAL > PROFILE AND AMBITION > CSR POLICY > ENVIRONMENT > ETHICS > TABLE OF INDICATORS > SOCIAL
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