ESOP 2025
in brief
What is ESOP 2025?
You buy FCPE units which are invested in Capgemini shares on your behalf.
The FCPE (Employee Mutual Fund or Fonds Commun de Placement d’Entreprise in French) is a collective structure allowing eligible Group employees to hold Capgemini shares.
Offer conditions
To be eligible for ESOP 2025,
you must meet the following three criteria:
- Be an employee of a Capgemini group* company.
- Be employed by that company for at least one day between November 12 and 14, 2025 (inclusive).
- On November 14, 2025, have been employed by Capgemini for at least three months, consecutive or otherwise, since January 1, 2024.
* A company in which Capgemini holds a majority shareholding and which is a member of the IGSP.
Subscribe to ESOP 2025How much can I invest?
- A minimum of CHF 120
- A maximum of 2.5%* of your 2025 gross annual compensation (estimated when you subscribe).
* This rate is reduced to 0.25% if you subscribe during the revocation/subscription period.
Use the simulator to check whether you exceed the subscription limit.
When and how do I sign up?
You may submit a reservation order to acquire FCPE units invested in Capgemini shares by indicating the amount you wish to invest clicking on « Subscribe to ESOP 2025 » (using the username sent to you by e-mail).
If you do not have access to the internet, you can use the reservation form. Just complete it, sign it and return it to the indicated address.
Subscribe to ESOP 2025- You may cancel your reservation.
- If you did not reserve units between September 12 and October 1, 2025, you may still subscribe, but only for a reduced amount, limited to 0.25% of your estimated 2025 gross annual compensation.
How do I pay
for my investment?
Payment method available in your country are described in the subscription tool online or subscription form and in the document called Local Supplement.
What happens if the number of shares requested by employees exceeds the number of shares offered in the offering?
With ESOP 2025, up to 2.7 million ordinary shares can be subscribed by Group employees.
Should demand exceed supply, the following reduction rule will apply, based on the average subscription, defined as the ratio between the maximum number of shares issued and the number of subscribers to the plan. You may be in one of the following cases:
CASE 1:
Your subscription ≤ the average subscription:
You are sure to receive all the units you have reserved.
CASE 2:
Your subscription > the average subscription:
You receive the units you have reserved up to the average subscription; beyond this, your subscription will be reduced with a proportional allocation of shares requested within the limit of the total number of shares available.
All subscriptions below or equal to the average are fully allocated.
How is the gain calculated?
At the beginning of the operation
Two factors are fixed:
- The reference price, fixed on November 6, 2025, and
- The multiple
During the 5-year lock-up period
The Capgemini share price is recorded every month, on the 15th of each month, i.e. 60 statements.
If the fifteenth of the month is not a trading day, the share price will be recorded on the previous trading day. By way of an exception, the first share price will be recorded on the day on which the shares are delivered.
In the event of early withdrawal, the last statement is repeated as many times as necessary to obtain 60 statements.
The share price is compared with the reference price, which serves as a floor price.
This means that each month there are two possible scenarios:
-
Either the recorded share price is higher than or equal to the reference price:
it is this price that is recorded. -
The share price falls below the reference price, in which case:
the reference price is used instead of the actual price.
The difference between the average price and the reference price is called the “protected average increase” and is used in the formula for calculating the gain.
The following formula is used to calculate the gain:
So, at maturity or in the event of early release:
The participation in the average increase is thus partial and decreases as the protected average increase in the price of the Capgemini share grows.
To benefit from a gain, the protected average increase must therefore be positive.
-
If the protected average increase is equal to 0:
You receive your personal contribution in euros, converted into your currency. -
If the protected average increase is positive:
You receive your personal contribution plus the gain linked to the protected average increase in euros, converted into your currency.