Employee share program

Since 2001, Henkel has been operating an employee share program (ESP). For each euro invested in 2011 by an employee (limited to 4 percent of salary up to a maximum of 5,000 euros per year), Henkel added an additional 33 eurocents. Around 11,000 employees in 54 countries purchased Henkel preferred shares under this program in 2011. At year-end, some 14,500 employees held a total of around 3 million shares within the ESP, representing roughly 1.7 percent of total preferred shares outstanding. The vesting period for newly acquired ESP shares is three years.