Transcript The Share Savings Programme 2012

Same structure as previous programmes
You’ll receive invitation beginning of September
Apply online no later than 30 September 2012
Share Savings Programme 2012
" Welcome to invest in SEB’s
future"
We are active in a challenging environment, but
SEB has the stability and long-term
perspective that creates long-term value for
the bank’s customers, and hence for
shareholders.
The success depends on the commitment of you
and your colleagues.
The share savings programme gives you an
opportunity to take part in SEB’s long-term
value creation.
I hope the programme will encourage you to
have a share in the company in which you
work."
Marcus Wallenberg
Chairman of the Board of Directors
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The Share Savings Programme 2012
Same structure as previous years
You’ll receive an invitation at the beginning
of September
Apply online no later than 30 September
Decision for 2012 programme
Annual General Meeting on March 29
Participating countries
Luxembourg
Denmark
Norway
Estonia
Singapore
Finland
Sweden
Germany
UK
Latvia
USA
Lithuania
Eligibility
Almost all employees with permanent employee
status can participate
Hourly wage earners, employees with temporary
employment and participants in the Share Matching or
Share Deferral Programme 2012 are not eligible to
participate
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The programme in brief
You can save up to five per cent of your
fixed gross monthly salary for purchase
of SEB shares
If the shares are kept for three years
and you are still employed by SEB, you
will get one free matching share for
every share purchased
The shares are not locked during the
period, you can stop saving or sell
shares at any time
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Overview
Savings period
● November 2012– October 2013
● Monthly savings deductions
● Quarterly share purchases
Qualification period
● 36-month period after each share
purchase
● Keep the shares
● Stay with SEB
Matching period
● February 2016– November 2016
● Quarterly share matching
● One share for free for every share
purchased during the savings period
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Quick facts
It is possible for you to exit from the
programme at any time
 Stop saving
 Sell shares already bought
Change savings amount possible twice during
the programme
 From February and June salary deduction
You have the same rights as share holder with
ordinary shares, including dividends
 Dividends reinvested in SEB shares
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Administration – Equate Plus
Equate Plus
– web based computer system owned by UBS
Participants in the previous programmes keep
username, password etc.
Access through the internet, like an internet bank.
24/7, you can
 view your balances
 put sale and transfer orders
UBS offers call centre for
questions regarding E+, call your local HR for
questions around the Share Savings
Programme
Shares will be held in custody by SEB
No need for private custody account
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What happens if…?
If you quit, or employment contract expires
 Savings will be stopped
 The right to matching
shares is lost
 You can sell your saving shares or transfer
them to your private
custody account
In case of invalidity, redundancy or retirement
 Savings will be stopped
 The right to matching shares for
shares already bought is not affected
Employees on parental leave, sick leave,
sabbatical etc
 Savings will continue
 You are qualified for matching
shares if you keep the shares
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Risks!
Owning shares is a financial risk
No guarantees for profitability or that
you will get your invested money
back
The share price is related to a lot of
factors over which SEB has no
control
Employees outside Sweden are
exposed to a foreign exchange risk
(as well as a possibility for a positive
effect)
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Printed local language invitation folder
All eligible employees will receive
an invitation folder
Information available on the intranet/extranet
 2012 Terms & Conditions and
Agreement (printer friendly format)
 “Change form” (for change of bank
account etc).
 Archive with information for
previous programmes.
Invitation letter contains generic information
about the programme – no country specific
information
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Application
Link with log-in code for web application in
invitation folder
If you participate in any of the previous
programmes, most information will be precompleted – but you still have to apply to join
the 2012 programme.
New participants fill in i.a. the following details:
 Address (e-mail and regular)
 Telephone numbers
 Tax country
 Chosen amount to save
– Maximum 5 percent of monthly fixed
gross salary in June 2010
– Minimum EUR 10 (or eqv.)
Last day of application:
30 September 2012
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Local language extranet
Beginning of September: Local information available on extranet
Accessible from any internet
connected computer
 www.sebgroup.com/ssp
 No user name/password needed
Also accessible via Employee Self Service on
SEB’s intranet.
Content:
 Introductory film with Marcus Wallenberg
 Frequently asked questions
 Possibility to submit questions
 Terms & conditions and agreement 2012
(archive for brochure and T&C 2008, 2009,
2010 and 2011)
 Forms, e.g. for changing account information or
decrease savings amount
 Tax information
 Local support number and e-mail addresses
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More information/contacts
(can be customised in each country)
Printed information
Invitation letter with personal application code
No unit within SEB can advise you on
how the SEB share will develop, your
economic situation, taxation or if you
should participate in the programme.
www.sebgroup.com/ssp
 Find everything about the programme in one
place
 Submit your questions about the programme via
the e-mail form
 Apply online
For questions about salary deductions, specific
employment situations etc
HR Centre in your country
Financial information
www.sebgroup.com
Business press and internet sites
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What happens now?
What happens now?
Read information in invitation and at
www.sebgroup.com/ssp
Assess the risks involved for you
Calculate the effect monthly savings will
have on your finances
Get more information if required, e.g. from
the extranet, external advisor etc.
If you want to participate from the start:
Apply no later then 30 September 2012
at www.sebgroup.com/ssp!
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