Read the Registration Document - Guerbet

In 2012, employees of French entities of the Group 4 received an average gross amount in benefits fromstatutory profit sharing plans for fiscal 2011 of €287. In 2013 a voluntary and statutory profit sharing bonus²for 2012 results will be granted.b) Work organisation• Working time organisationGuerbet Group complies with local laws governing working hours. For international subsidiaries, theaverage workweek is 39 hours. At the production facility in Brazil, two teams work 40 hours a week withshifts from 7:00 am to 4:00 pm and from 4:00 pm until 11:00 pm.In France, Guerbet has implemented at its production units collective working time arrangements (shiftwork, continuous and semi-continuous production, on-call obligations) seeking to meet the requirements ofactivity. These arrangements are based on efforts to achieve a balance in terms of rewards/constraints,professional/personal life and overall fairness.• AbsenteeismIn 2012, the absenteeism rate at Guerbet (parent company) was 4.36% with 3.40% the result of sick leave.The rate of absenteeism rose marginally from the previous year (4.14% in 2011 vs. 5.06% in 2010, 5.06%in 2009 and 5.35% in 2008).In 2012, the absenteeism rate at Simafex was 3.68% with 3.54% the result of sick leave.In 2012, the absenteeism rate at Medex was 2.25% with sick leave accounting for 1.9% and maternityleaves 1.07%.c) Labour relations• Organisation of employee-management dialogueThe objective is to promote understanding between the different constituencies of the company andestablish social dialogue at a global level to achieve company-wide improvements, whether with respect todialogue between labour partners and management, between managers and their teams or between thedifferent sectors. The employee is positioned at the centre of social dialogue and discussions are expandedto cover direct and collective expression of employees. The objective is to thus permit by expression andlistening, to take into account early on signs making it possible to prevent conflicts, take into accountworking conditions and obtain propositions for improvement.Guerbet's commitment with respect to preventing conflicts and preserving employment has resulted in theexecution of agreements with signatures by all parties: Agreement for Social Dialogue and EmployeeExpression - GPEC agreement (forward-looking employment and skills management planning).• Report of collective bargaining agreementsA corporate culture favouring negotiations.The 28 agreements in force in the company (French entities) illustrate Guerbet's commitment to taking intoaccount the interests of all its employees in its strategy. These agreements cover such areas as alsodialogue, diversity, the organisation of working hours and recovery periods, working conditions, employment4 The statutory profit-sharing (participation) plan concerns employees of Guerbet, Simafex and Medex. Voluntary (intéressement)profit-sharing plans concern employees of Guerbet and Simafex.62