CACTUS S.A.

Renewal of the collective bargaining agreement

After several months of constructive negotiations, Cactus management and the OGBL and LCGB syndicates signed on Thursday 15 June 2023 the renewal of the collective bargaining agreement for a period of 36 months covering the period from 1 January 2023 to 31 December 2025.

Cactus and the signatory unions welcome this step forward, which is in line with the company’s commitments to consolidate and significantly improve the rights and benefits enjoyed by employees in terms of pay, leave and working hours.

In addition to existing benefits, the agreement provides for salary increases and the payment of a single bonus based on the employee’s seniority.

16.06.2023