at least 64%
The Sustainability Performance Target Minimum Score Condition will be met if Edenred reaches at least 2 out of 3 of the above mentioned KPIs.
The Framework has been established in accordance with the Sustainability-Linked Bond Principles (SLBP) administered by ICMA and reviewed by Ethifinance who provided a Second Party Opinion (“
SPO”) on June 4, 2021. Both the Framework and the SPO are available on the Company’s website: (www.edenred.com).
Conversion/Exchange Right
Bondholders will be granted a conversion/exchange right of the Bonds into new and/or existing shares of the Company (the “
Conversion/Exchange Right”) which they may exercise at any time from the Issue Date and until the 7