Societas Europaea

1. Societas Europaea Employee involvement Implication des travailleurs Beteiligung der Arbeitnehmer Jean-Claude Le Douaron ASE-ETUCO-EGA

2. United Steel AB United Steel AS 8 United Steel AG United Steel SA United Steel SA United Steel ltd

3. United Steel SE United Steel SE 8 United Steel SE United Steel SE United Steel SE United Steel SE

4. SE • Council Regulation on the Statute for a European Company Nr 2157/2001 • Council Directive supplementing the Statute for a European Company with regard to the involvement of employees 2001/86/CE

5. Involvement – Implication –Beteiligung - inflytande • Information, consultation & participation • Information, Anhörung & Mitbestimmung • Information, samråd & medverkan

6. Involvement of employees • Means any mechanism, including information, consultation and participation, through which employees’ representatives may exercise an influence on decisions to be taken within the company;

7. Information • Means the informing of the body of representative of the employees and/or employees’ representatives by the competent organ of the SE on questions which concern the SE itself and any of its subsidiaries or establishments situated in another Member State or which exceed the powers of decision-making organs in a single Member State at a time, in a manner and with a content which allows the employees’ representatives to undertake an in-depth assessment of the possible impact and, where appropriate, prepare consultations with the competent organ of the SE;

8. Consultation • Means the establishment of dialogue and exchange of views between the body representative of the employees and/or the employees’ representatives and the competent organ of the SE, at a time, in a manner and with a content which allows the employees’ representatives, on the basis of information provided, to express an opinion on measures envisaged by the competent organ which may be taken into account in the decision-making process within the SE;

9. Participation Means the influence of the body representative of the employees and/or the employees’ representatives in the affairs of a company by way of: • the right to elect or appoint some of the members of the company’s supervisory or administrative organ; or • the right to recommend and/or oppose the appointment of some or all of the members of the company’s supervisory or administrative organ

10. SE +  SE Holding AS AG AG SA AB GMBH SE SE ltd SA 1. Merger 2. Holding 3. Subsidiary 4. Transformation

11. SE Statute Dualistic Monistic

12. SE Statute Dualistic Monistic SNB SE

13. SE +  SNB Experts AG AB 0 % > 1 rep ≦ 10% 10 % < 2 rep ≦ 20% + 20 %

14. SNB Negotiations Verhandlungen • Involvement of employees • Implication des travailleurs • Beteiligung der Arbeitnehmer

15. SENegotiations on involvement • Member States should be able to provide that representatives of TU may be members of a SNB • SNB may request experts of its choice (also EIFs), present at negotiation meetings in advisory capacity • SNB shall take decisions by an absolute majority (representing an absolute majority of the employees) • 2/3 majority to terminate or not open negotiations • 6 months + (6 months)

16. Article 4Content of the agreement • …shall negotiate in a spirit of cooperation with a view to reaching an agreement • scope • composition of the representative body • procedure for the information and consultation • frequency of meetings • resources allocated to the RB • alternative procedures for information and consultation • participation level

17. Standard rules (Art 7) • The parties so agree; or • No agreement (6 + 6

18. RB Strategy Investments Working methods Standard rulesInformation Consultation • Representative body (1 – 10%) • Select committee • Information and consultation on

19. Standard rulesInformation Consultation • Regular written reports from management • Agenda of administrative or supervisory organ • Copies of all documents submitted to the general meeting of its shareholders

20. Exceptional circumstances • …affecting the employees interests to a considerable extent • If the management doesn’t take in to account the opinion of the workers ⃗ a further meeting with a view to seeking an agreement. Part 2 c = negotiations ?

21. SE +  AG AG AB SE Standard rules - Participation If participation rights exist If > 25% of the employees are covered by participation rights If < 25% of the employees are covered and the SNB decides so

22. AS SA SE Holding SE Subsidiary GMBH ltd Standard rules - Participation If > 50% of the employees are covered by participation rights If < 50% of the employees are covered and the SNB decides so

23. Opting out in case of merger • Member States may provide that the standard rules referred to in Part 3 of the Annex shall not apply in the case referred to in paragraph 2, point (b) of an SE established by means of merger • But Article 12.3 in the Regulation • In order for an SE to be registered in a Member State which has made use of the option referred to in Article7(3) of Directive 2001/ /EC, either an agreement pursuant to Article 4 of the Directive must have been concluded on the arrangements for employee involvement, including participation, or none of the participating companies must have been governed by participation rules prior to the registration of the SE.

24. Articulation avec d’autres dispositions Comité d’entreprise européen (Dir. art.13.1): • la directive 94/45/CE sur le comité européen ne s’applique pas sauf en cas d’« option zéro » • les dispositions relatives à l’organe de représentation prévues par accord ou par l’annexe de la directive s’y substituent Dispositions sur la participation (Dir. art.13.2-3): • les dispositions nationales sur la participation ne s’appliquent pas à la SE (tout en continuant à s’appliquer à ses filiales éventuelles) • les dispositions relatives à la participation prévues par accord ou par les dispositions de référence dans le règlement s’y substituent

25. Articulation avec d’autres dispositions Représentation et implication nationales (Dir. art.13.3): • pas d’atteinte aux droits nationaux d’implication et aux droits de participation dans les filiales • possibilité de prendre des dispositions pour assurer le maintien des structures nationales de représentation en cas de fusion et donc de disparition des sociétés constituantes • Accords collectifs et dispositions nationales sur les conditions d’emploi (Reg. art.29.4 et 37..9): • en cas de disparition des sociétés constituantes par fusion ou transformation, transfert à la SE des droits et obligations des sociétés participantes en matière de conditions d’emploi résultant de la législation, de la pratique et de contrats individuels ou des relations de travail

26. Articulation avec d’autres dispositions Prévention du détournement de procédure (Dir. art.11): • possibilité de mesures pour éviter l’utilisation de la SE aux fins de priver les travailleurs de droits d’implication

27. Confidentialité Vis à vis des tiers (Dir. art.8.1): • non communication d’informations communiquées à titre confidentiel • .pour les représentants et les experts, même après expiration du mandat Non communication d’informations (Dir. art.8.2): • conseil d’administration ou de surveillance n’est pas obligé de communiquer des informations lorsque leur nature est telle que, selon des critères objectifs, leur divulgation entraverait gravement le fonctionnement de la SE, de ses filiales ou d’une société participante, ou leur porterait préjudice • cas et conditions selon dispositions nationales

28. Confidentialité « Tendenzschutz » (Dir. art.8.3): • possibilité de dispositions particulières pour les SE à orientation idéologique, d’information et d’expression d’opinions lorsque ces dispositions existent déjà dans le droit national Recours (Dir. art.8.4): • instauration de procédures de recours sur l’exigence de confidentialité et la non-communication d’informations • possibilité d’instaurer un recours sur la sauvegarde de la confidentialité