Company: SNY
Filing Date: 2025-02-13
Form Type: 20-F
Source: 0001121404-25-000010
Chunk: 465

Company: Sanofi
Filing Date: 2025-02-13
Form: 20-F
Chunk 465
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 -496 | -23,482 |
| Currency translation differences                     |    |                            143 |                             77 |                   36 |                   8 |           41 |              -2 |     303 |
| Opella reclassification(d)                           | -d |                            -24 |                              — |                   -6 |                -201 |          -30 |              -3 |    -264 |
| Balance at December 31, 2024                         | -c |                          2,706 |                          1,270 |                  398 |               2,122 |          776 |              56 |   7,328 |

(a) Primarily US government programs: Medicaid ( € 1,193million in 2024 , € 1,421million in 2023 , € 1,307million in 2022 ) and Medicare ( € 722million in 2024 ,

€ 1,099million in 2023 and € 775million in 2022 ).

(b) Mainly rebates and other price reductions granted to healthcare authorities in the United States (including Managed Care: € 1,097million in 2024 ,

€ 1,028million in 2023 and € 934million in 2022 ).

(c) Provisions related to US net sales amounted to € 4,823million as of December 31, 2024 , € 5,124million as of December 31, 2023 and € 4,270million as

of December 31, 2022 .

(d) This line comprises provisions for discounts, rebates and sales returns related to Opella, reclassified as of December 31 ,2024 within Liabilities for assets held for sale in accordance with I FRS 5 (see Note D.1.) .

| F-90 | SANOFIFORM 20-F2024 |

| NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS |

D.24. Personnel costs

Total personnel costs (other than termination benefits, presented in Note D.27.) include the following items:

| (€ million)                                                            |   2024 |  2023 |  2022 |
| Salaries                                                               |  7,236 | 7,183 | 7,145 |
| Social security charges (including defined-contribution pension plans) |  2,189 | 2,100 | 2,098 |
| Other employee benefits(a)                                             |