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ANNUAL REPORT 2006-2007

ANNUAL REPORT 2006-2007

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04<br />

> THE QUALITY OF LIFE ARCHITECT EXPERIENCING AND SHARING QUALITY OF LIFE<br />

> Chairman’s Message<br />

MESSAGE<br />

OF PIERRE BELLON<br />

AT THE <strong>ANNUAL</strong> SHAREHOLDERS’ MEETING,<br />

JANUARY 22, 2008<br />

Sodexho’s mission is to improve the Quality of Life of the 40 million<br />

people we serve every day.<br />

We seek to make our company and the Sodexho brand the most<br />

desirable and attractive in all of our business segments.<br />

At the Annual Shareholders’ Meeting, the Board of Directors is<br />

asking the shareholders to approve a change in the company name<br />

and a revision to the visual identity in the form of a new logo.<br />

The change in the Group’s name involves eliminating the word “Alliance”<br />

and the letter “h”. The name of the Group would therefore be SODEXO.<br />

The elimination of the word “Alliance”<br />

From 1995 to 2000, we made three major acquisitions to strengthen our international<br />

network: Gardner Merchant in the United Kingdom, Partena in the Scandinavian<br />

countries and Marriott Management Services in North America. These three<br />

foodservices companies, all of them much older than Sodexho, had demonstrated<br />

their success through the skills of their respective employee teams. It was important<br />

not to break up these entities but, on the contrary, to help them develop further,<br />

to recognize their merits, to welcome them on an equal footing and to avoid at all<br />

costs creating opposition between the acquirers and the acquirees – in other words,<br />

creating a perception of winners and losers. To be perfectly clear, as I said at the time:<br />

“Money will not buy a company’s history, culture, skills and pride nor the motivation<br />

of the women and men responsible for its success”.<br />

Gradually, all three companies expressed a desire to adopt the name of Sodexho.<br />

To gain their confi dence and to prove that we keep our promises, we added<br />

the word “Alliance” to the Sodexho company name.<br />

During Fiscal <strong>2006</strong>, we took an employee engagement survey<br />

in 35 countries, interviewing 78,000 staff members, including the entire<br />

management and a sample of 20% of site employees. More than 80%<br />

of our employees declared their attachment and their pride in<br />

belonging to the Group and 83% stated they would not hesitate<br />

to recommend Sodexho to a friend seeking employment.<br />

It therefore seems to us that the word “Alliance” is no<br />

longer necessary.

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