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Attached you will find a voiceover that was used for a corporate presentation of an employee share profit program.
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Details
Attached you will find a voiceover that was used for a corporate presentation of an employee share profit program.
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Attached you will find a voiceover that was used for a corporate presentation of an employee share profit program.
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EIC offers an Employee Shared Purchase Plan (ESPP) that allows employees to invest in the company's future and their own. EIC has had a successful track record, maintaining monthly dividends and consistently increasing them over the past 20 years. The company operates in aerospace, aviation, and manufacturing, across six distinct business lines. The ESPP allows employees to accumulate savings and earn benefits, and it's seen as an opportunity for engagement, sharing in the company's success, and employee retention. Employees can participate after six months of employment, contribute up to 5% of their salary, and there are four enrollment periods throughout the year. Holding shares for 18 months unlocks special benefits, including a 33% return on the initial investment and bonus shares. Dividends are paid to shareholders, and employees can hold their investment in an unregistered account. Loan options and flexible contribution plans are available. Interested employees can contact their Imagine not just being part of EIC's journey, but owning a piece of its success. Inside these walls, there's an opportunity waiting for every EIC employee. The ESPP, or Employee Shared Purchase Plan, is more than just a program. It's an invitation to invest in EIC's future and, in turn, your future. Our story began with two visionaries, Mike Pyle, our CEO, and Duncan Jessopman, our Executive Vice Chair. Together, they crafted a strategy that was straightforward and effective, identified businesses with robust cash flows, operating in niche markets, and led by top-tier management teams. Then buy, hold, and invest in them. Three guiding principles illuminated their path, diversification, discipline, and a commitment to paying dividends. And it wasn't long before the world took notice. On May 6, 2004, EIC proudly made its debut on the TSX, trading under the symbol EIF. Fast forward 20 years, and the vision of Mike and Duncan stand tall and realize our track record speaks for itself. We've not only maintained a monthly dividend since our inception, but have also consistently increased it over two decades. Our continuous growth on the TSX is truly noteworthy. If you're looking for a trustworthy investment, EIC shines not only because of our successes, but also our unique approach. We've consistently delivered results that surpass the average returns of the TSX for the past two decades. Our portfolio has blossomed over these two decades, branching into two main segments, aerospace and aviation, and manufacturing. Delving deeper, we operate across six distinct business lines, ranging from essential air services and aerospace, to areas like aircraft sales and leasing, essential access services, precision manufacturing and engineering, and multi-story window solutions. Let's break down the details of the ESPP. It's an employee saving plan. It offers you an opportunity to accumulate savings and earn benefits along the way. It's also about engagement. Being a shareholder means you are more invested in making EIC successful. We see it as an opportunity to share in our success. EIC values the commitment and loyalty of our employees, and we want to give back to you. And finally, it's about retention. The ESPP ensures that EIC attracts and retains exceptional employees like you. So how can you, an employee of EIC, take advantage of our proven success? Let's explore how the ESPP can work for you. Employees, like Elliot here, can participate in EIC success by purchasing shares in the program after six months of employment. Annual contributions to the ESPP can be up to 5% of an employee's salary. There are four distinct enrollment periods throughout the year, March, June, September, and December. Notably, participation in the program remains uninterrupted, even if someone transitions to a different subsidiary of EIC. A vesting period is like a waiting room. It's the specific time you need to hold your shares to unlock special benefits. For instance, at EIC, if you hold onto your shares for 18 months, that's the vesting period. You'll earn an impressive 33% return on your initial investment throughout extra bonus shares. For example, Elliot owns three shares from day one. These are his to keep no matter what, and he starts earning dividends on them immediately. Even if Elliot leaves before the vesting period ends, these shares are his. Now, if he holds these shares for the entire vesting period, he'll receive an extra share as a bonus. He'll earn dividends on this bonus share during his vesting period, in addition to the dividends on his initial shares. Dividends are payments made to shareholders, a way we share our success with you as part of your return for investing in us. You can hold your investment in an unregistered account through the ESPP. Now, if you're hoping to get involved in the ESPP, but are concerned about the initial investment up front, your company may offer loan options to help get you started, which you can repay over 12 monthly payroll deductions, or you can divide your contribution up over more than one enrollment period in a calendar year. We want every eligible employee to be part of this opportunity. The next step is easy. Just contact your HR rep who will help you get started. Remember, by joining the ESPP, you're not just investing in EIC, you're investing in your future, and we're here to support you every step of the way. Shared success, shared rewards, secure your spot in the ESPP. Contact your HR rep today.
