Fincantieri successfully launches its first Employee Share Ownership Plan

11 November 2024

The first Employee Share Ownership Plan launched by Fincantieri has concluded successfully, marking a significant level of engagement from employees in Italy, Norway, and the United States. This initiative, approved at the latest Shareholders' Meeting, aligns with the company's goal to strengthen employee loyalty to the Group, allowing staff to take an active role in achieving the objectives outlined in the Strategic Plan 2023-2027 and contributing to sustainable value creation. Through this program, Fincantieri offers employees the opportunity to invest in company shares voluntarily and on favorable terms, encouraging an active stake in the Group’s growth.

 

The plan saw an overall participation rate of 22% across employees in the involved countries. In Italy, participation was particularly strong, with a 97% adherence rate among managers and 69% among middle managers, demonstrating the widespread support for this highly innovative tool within Fincantieri in its first wave . This success is notable when compared to similar recent initiatives in related sectors.

 

As an additional incentive, participants in the plan will receive free shares by Fincantieri in 2025, symbolizing the joint commitment towards responsible and long-lasting growth that creates value for all stakeholders.

 

Luciano Sale, Director of Human Resources and Real Estate at Fincantieri, stated, “Our people are the cornerstone of Fincantieri’s future. The substantial participation, particularly among management, in this share ownership plan confirms our employees' alignment with and trust in the company’s direction and their eagerness to be an integral part of the results that await us. This commitment highlights the shared nature of our values of sustainable growth and innovation.”

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Fincantieri successfully launches its first Employee Share Ownership Plan