EssilorLuxottica has launched a new employee share ownership plan, extending the opportunity to its workforce worldwide, including employees in Morocco. Dubbed “SuperBoost 2025,” this initiative aims to deepen employee engagement in the company’s strategy and performance by allowing them to acquire shares under preferential conditions.
As part of the company’s International Employee Shareholding Plan (P.I.A.S), the program will offer up to 900,000 shares to employees. The subscription price has been set at €282.05 per share (approximately 2,941.92 dirhams), based on the average opening price of EssilorLuxottica stock between February 6 and February 19, 2025.
In Morocco, the offer is available to employees of the Compagnie Industrielle d’Optique du Maroc (CIOM) and Movisia SA. The subscription window runs from February 26 to March 17, 2025. The initiative has been approved by Morocco’s Capital Markets Authority (AMMC), which granted its regulatory clearance on February 25, 2025.
To further encourage participation, the company has introduced a matching scheme that rewards employees with additional free shares based on their contributions. For instance, an employee subscribing to one share will receive an extra share for free, doubling their total to two. Higher levels of participation can result in even greater benefits, with employees receiving up to 15 additional shares when purchasing 40. However, to ensure fair distribution, specific caps have been set for the top three tiers of the plan.
Building on the success of previous editions—such as Boost 2023, which saw a 67% participation rate—EssilorLuxottica is striving to foster a culture of employee ownership, reinforcing its commitment to shared growth and long-term engagement with its workforce.
