Employee shareholding through the Company savings plans, and according to the definition of article L. 225-102 of the French Commercial Code, as of December 31, 2025, was not significant.
As of December 31, 2025, employee shareholding in the Groupe reached 1.34% of share capital, representing 3,401,418 shares held under employee shareholding plans (LTI plans, stock options, employee savings schemes), including 446,022 Publicis Groupe shares held by the Publicis Groupe FCPE (mutual fund), i.e. 0.18% of the share capital.
As of December 31, 2025, there were no stock options remaining to be exercised by beneficiaries.
In 2025, the Groupe set up free share plans for certain key employees of the Groupe, the “LTIP 2025,” a specific plan for the Chairman and Chief Executive Officer to which was added a “2025 Publicis Sapient LTI plan,” a “March 2025 Epsilon LTI plan” and a “September 2025 Epsilon LTI plan.”
In March 2025, the “LTIP 2025” plan and the "LTIP 2025 Chairman and Chief Executive Officer" plan granted 782,767 free shares (including 43,740 free shares to the Chairman and Chief Executive Officer) to certain key Groupe employees and executives under three conditions. First of all, the shares are subject to a presence condition during the three-year vesting period. In addition, the shares are subject to conditions for achieving the Groupe’s revenue growth and profitability targets for 2025 (with respect to the 2025-2027 period for the Chairman and Chief Executive Officer), compared to a reference group including Publicis Groupe and the five other main global communications groups (Omnicom, WPP, IPG, Dentsu and Havas). The Chairman and Chief Executive Officer plan also includes the grant of outperformance shares, subject to the achievement of Groupe’s revenue growth and profitability targets over the 2025–2027 period, compared to the aforementioned peer group, as well as an internal Groupe target for operating margin. These shares will be deliverable at the end of a three-year period, i.e. in March 2028.
The “2025 Publicis Sapient LTI plan” includes three tranches subject to a continued presence condition for 40% and financial performance conditions (revenue and operating margin) for 60% in respect of 2025. The shares will vest in April 2026 (30% of the shares), April 2027 (30% of the shares), and April 2028 (40% of the shares). This plan was launched in April 2025 and granted 621,557 free shares to certain key Publicis Sapient executives and employees.
The Epsilon plans called “March 2025 Epsilon LTI plan” and “September 2025 Epsilon LTI plan” include three tranches subject to a presence condition for 20% and financial performance conditions of Publicis Epsilon (revenue and operating margin) for 80% in respect of 2025. The shares will be delivered in March 2026 (30% of the shares), March 2027 (30% of the shares) and March 2028 (40% of the shares) and/or September of the same years (depending on the grant date of the shares), in the same proportions. These plans were launched in March and September 2025, and granted 334,187 free shares to certain key Epsilon executives and employees.
As of December 31, 2025, the total number of free shares yet to vest to Groupe employees subject to a presence condition and, in some cases, a performance condition, amounted to 3,380,263 shares.
All the details concerning the free share plans (description, changes for the financial year, and closing balance) are shown in Note 32 to the consolidated financial statements in Section 6.6 of this document.
There have been no change in the share capital over the last three financial years.
