ADEAS Orange

What ADEAS Orange does

ADEAS (Association pour la Défense de l'Épargne et de l'Actionnariat des Salariés d'Orange) is a French non-profit association (loi 1901) founded in 2008/2009 and based in Paris, dedicated to defending the savings and shareholding rights of Orange Group employees and former employees. It functions as the dedicated advocacy body for employee shareholders, representing a collective bloc that controls 8.15% of Orange's capital and 13.28% of voting rights — making it the second-largest shareholder after the French State. Its core deliverables are non-technical and content-based: a periodic newsletter (Lettre de l'Épargne et de l'Actionnariat Salariés), voting recommendations and a synthesized ballot for Orange's Annual General Meetings, educational conferences (RDV de l'Épargne) delivered in partnership with savings specialists at Eres, and representational oversight on the FCPE Orange Actions Supervisory Board.

The association operates with a five-person team and is structurally embedded in Orange's employee-shareholding ecosystem through core partnerships with CFE-CGC Orange (the affiliated trade union, holding 4 of 12 votes on the FCPE Supervisory Board), Amundi (asset manager of the FCPE Orange Actions and PEG), and Uptevia (share registry manager, which replaced BNP Paribas Securities Services). Services — including membership, publications, and conferences — are provided free of charge to Orange personnel, and the association is funded through member subscriptions rather than commercial revenue. Its strategic posture is governance-focused: it publishes voting positions on dividend policy, executive remuneration, and board composition (e.g., opposing CEO Christel Heydemann and Chairman Jacques Aschenbroich's 2025/2026 remuneration packages and resolutions to revoke elected employee shareholder board representatives at the May 2026 AGM).

The business model is therefore not a commercial one — there is no pricing model, no paid product, and no recurring revenue stream. The underlying "technology" is human editorial analysis, AGM documentation handling, and relationship-driven convening, with no proprietary software, AI/ML components, APIs, or digital products in scope. ADEAS's competitive position rests on statutory representational rights, sixteen years of editorial continuity, and tight integration with Orange's institutional employee-savings infrastructure.

Name

ADEAS Orange

Legal name

Association pour la Défense de l'Epargne et de l'Actionnariat des Salariés d'Orange

Website

https://adeas.org

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

1–10 employees

Short description

ADEAS is a French non-profit association (loi 1901) that defends the savings and shareholding rights of Orange Group employees, representing a bloc controlling 8.15% of Orange's capital. It publishes a newsletter, issues AGM voting recommendations, and runs savings education conferences.

Ownership category

akta.pro rank

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Others

Marketing channels4 records

Core offering

ADEAS Orange is a non-profit association that defends and promotes employee savings and shareholding at Orange Group. It publishes a periodic newsletter analyzing Orange's financial results and employee savings matters, assists employee shareholders with Orange General Meeting (AGM) participation through voting recommendations, and organizes educational conferences on savings and retirement planning in partnership with Eres experts.

Product overview

ADEAS Orange operates as an advocacy association for Orange employee shareholders, not as a technology product company. Its services include publishing the 'Lettre de l'Épargne et de l'Actionnariat Salariés' newsletter providing analysis of company results and employee savings matters, facilitating shareholder participation through AG voting assistance services with voting recommendations, organizing RDV de l'Épargne conferences with savings experts, and supporting governance of the FCPE Orange Actions employee share fund.

Differentiator

Problem solved

Functional benefit

Products and services

• Lettre de l'Épargne et de l'Actionnariat Salariés (Newsletter) Periodic newsletter providing independent analysis and information about employee savings, profit-sharing, employee share ownership, and Orange Group's financial results, distributed free to Orange employee shareholders and former employees.
• AGM Voting Assistance Services Service helping Orange employee shareholders participate in General Shareholder Meetings, including consolidated voting recommendations across all resolutions, downloadable voting leaflets, and practical guidance on documentation, deadlines, and online voting channels (e.g., Uptevia).
• RDV de l'Épargne (Savings Consultation Conferences) Educational conferences and Q&A sessions with savings experts from partner organization Eres, providing Orange employees and former employees with guidance on employee savings strategies, retirement planning (e.g., PERCOL), and tax optimization.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• CFE-CGC OrangecoreStrategic or Co-development PartnerCFE-CGC Orange is the primary trade union partner of ADEAS. The organizations work closely together on employee shareholding advocacy, with ADEAS functioning as the dedicated body for savings and employee ownership defense. CFE-CGC Orange representatives hold 4 of 12 votes on the Orange Actions Supervisory Board.
• ErescoreImplementation/ SI/ Consulting PartnerEres is a specialist in employee savings and retirement planning that partners with ADEAS and CFE-CGC Orange to provide expert conferences ('RDV de l'Epargne') for Orange employees. Eres experts like Clément Bonnafy Deroys provide analysis on savings taxation and optimization strategies.

Scale indicators3 records

Recent moves5 records

Expansion highlights2 records

Others

• Eres: Specialist in employee savings and retirement planning that co-hosts ADEAS's 'RDV de l'Epargne' conferences. Comparable as an education-focused actor in the French employee savings ecosystem.
• Amundi: Asset manager of the Orange Actions FCPE and the PEG (Plan Epargne Groupe). Adjacent financial partner that interfaces directly with the same employee shareholders ADEAS serves.
• CFE-CGC Orange: Core trade union partner of ADEAS, representing Orange employees and holding 4 of 12 votes on the Orange Actions Supervisory Board. Collaborates directly on employee shareholding advocacy and AGM strategy.
• NCEO (National Center for Employee Ownership): US nonprofit advocating for employee share ownership and providing research, education, and policy support. Comparable mission to ADEAS in defending and promoting employee shareholding interests.
• Uptevia: Share registry manager for Orange (replacing BNP Paribas Securities Services), handling nominatif pur shares and the online voting platform used at AGMs. Operates the infrastructure ADEAS members use to vote.

Broad incumbents

• Proxinvest: French proxy advisory firm providing independent voting recommendations and governance research on French listed companies, including Orange. Comparable in its AGM voting recommendation role.
• Glass Lewis: Major proxy advisory firm issuing voting recommendations on European issuers. Overlaps with ADEAS in its focus on remuneration policies and board accountability at French listed companies.
• Institutional Shareholder Services (ISS): Global proxy advisory firm producing voting recommendations on French and European AGMs. Comparable in providing governance and remuneration analysis to shareholders, including at Orange.
• CFE-CGC (Confédération Française de l'Encadrement - Confédération Générale des Cadres): National French trade union federation representing managerial and professional staff. Broader umbrella for CFE-CGC Orange, with overlapping missions around employee representation and benefits advocacy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/adeasorange
• Facebookfacebook.com/adeas.telecom
• LinkedInlinkedin.com/company/adeas-asso

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ADEAS Orange