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Registration Document 2005 - Total.com

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Headcount, Employee shareholdings, Stock options<br />

and restricted share grants<br />

Headcount<br />

Company Savings Plan, employee profit<br />

sharing and investment<br />

The Company Savings Plans give employees of the Group’s French<br />

<strong>com</strong>panies belonging to these plans the option of making voluntary<br />

payments – to which the Company contributes under certain<br />

conditions – and to invest their equity share.<br />

Under the agreements signed on March 15, 2002, a “<strong>Total</strong> Group<br />

Savings Plan” (PEGT), a “Voluntary Partnership Wage Savings<br />

Plan” (PPESV) and a “Supplemental Company Savings Plan” (PEC)<br />

were set up for the employees of Group’s French <strong>com</strong>panies,<br />

providing access to a number of Mutual Funds including one<br />

invested in Company shares (“TOTAL ACTIONNARIAT FRANCE”)<br />

(see page 138). In addition, a “Shareholder Group Savings Plan”<br />

(PEG-A) has been in place since November 19, 1999 to serve as a<br />

framework for capital increase operations reserved for employees<br />

of the Group’s French and foreign subsidiaries belonging to these<br />

plans (see page 138).<br />

In addition, the Group has put into place profit-sharing, participation<br />

and Company Savings Plans agreements (see page 160).<br />

The supplemental contributions made by the Group in <strong>2005</strong> to the<br />

various Savings Plans amounted to 45.2 M€.<br />

Corporate Governance<br />

Headcount, Employee shareholding, Stock options and restricted share grants<br />

At December 31, <strong>2005</strong>, 2004 and 2003, Group’s employees (fully consolidated subsidiaries) were distributed as follows:<br />

Upstream Downstream Chemicals Corporate <strong>Total</strong><br />

<strong>2005</strong> 14,849 34,611 62,214 1,203 112,877<br />

2004 14,597 34,045 61,570 1,189 111,401<br />

2003 14,017 34,410 61,212 1,144 110,783<br />

France Rest of Europe Rest of the world <strong>Total</strong><br />

<strong>2005</strong> 48,751 30,140 33,986 112,877<br />

2004 49,174 29,711 32,516 111,401<br />

2003 49,637 30,128 31,018 110,783<br />

Shares held by directors and executive<br />

officers<br />

TOTAL - <strong>Registration</strong> <strong>Document</strong> <strong>2005</strong><br />

5<br />

At December 31, <strong>2005</strong>, on the basis of the declarations of the<br />

members of the Board and the registrar for registered shares, the<br />

members (individuals) of the Board of Directors and the executive<br />

officers of the Group (Management Committee and Treasurer) held,<br />

together, less than 0.5% of the share capital. The number of shares<br />

they held on this date is as follows:<br />

•<br />

•<br />

Members of the Board of Directors (including the Chairman):<br />

110,440 shares;<br />

Management Committee and Treasurer (including the Chairman):<br />

313,977 shares;<br />

• Chairman of the Board of Directors: 73,300 shares.<br />

113

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