EXEL industries - 2019 Universal Registration Document

Management report 3

Statement of Non-Financial Performance

Statement of Non-Financial Performance

3.4

3.4.1 Methodology

3.4.2 Our Business Model The Group is a federation of SMEs. Each one is independently responsible for their own HR practices, and environmental and societal projects. Nevertheless, a general CSR theme is clearly discernible, a re fl ection of one of the Group’s core values: “Acting responsibly”. The shareholders identify areas for improvement which are then monitored at Group level for all companies. CSR Governance and reporting tools The CSR provision amended by Ordinance No. c 2017-1180 of July c 19, 2017 and its associated decree No. c 2017-1265, transposed the European Parliament’s and Council’s directive 2014/95/EU of October c 22, 2014 into French law. This ordinance de fi nes the new system of mandatory non-financial reporting and verification for French companies, depending on their size and legal form. They lay out the scope of the new statement of non- fi nancial performance which has henceforth replaced the CSR report. To ensure the Group’s CSR governance, the EXEL Industries group CEO has entrusted CSR oversight to the Director of Human Resources, along with the CFO and the Chief Legal O ffi cer for the areas that concern them. The business model, its non- fi nancial risks and all plans for implementing and monitoring them are de fi ned and driven by the CEO and submitted to the Board of Directors for approval. This document was produced by aworking group operating in project mode. The guidelines adopted by the Group’s companies provide data reliability and repeatability over time. 3.4.1.1 By way of introduction, please note that our major markets by geography and customer type, competitive position, positioning within the sector, products and services and means of production are described in Chapter c 2 of this Universal Registration Document. The EXEL Industries group is a federation of dynamic companies . Its principal line of business is spraying equipment for agriculture and industry. The Group also competes in the consumer watering products market and in sugar beet harvesters. The Group is divided into four business activities in the following de fi ned order: „ Agricultural Spraying Agricultural Spraying involves protecting and enabling crop yields to be improved by accurately delivering the right amount of product to protect and treat plants as needed. EXEL Industries is a company committed to helping farmers combats the three major scourges in agriculture: plant diseases (viruses and fungi), attacking insects, invasive weeds. The optimized use of the phytosanitary products applied, including herbicides (to fi ght against weeds), insecticides (to protect against attack by insects), fungicides (to protect against fungal and mildew attack), liquid fertilizers, and other products requires ever more accurate and e ffi cient application so that only the plant is protected

These reporting guidelines are sent to all EXEL Industries group companies through their CEOs. It is up to each company to consolidate the data of its own subsidiaries. The set timeframe was respected and the sta ff s were very involved. The data are tested for consistency, before being globally consolidated at the Group level and audited by the StatutoryAuditors. General trends in terms of qualitative data were identi fi ed last year and during prior years. We work on di ff erentials by requesting the Group companies to report on new CSR initiatives during the fi scal year. The legislative changes this year were taken into account. Scope of data reporting The indicators cover all Group companies, each ofwhich consolidates its own subsidiaries’ data. There is no geographical restriction. One feature of the year, in a manner of speaking, was that there was no change in the Group’s scope of consolidation. There was merely the establishment of a Canadian subsidiary, ETWorks. Nonetheless, profound organizational changes began this year. These involved the Sugar Beet Harvesters and Agricultural Spraying segments and will have a very signi fi cant impact on the Group’s structure in the fi scal year 2019/2020. 3.4.1.2

and any dispersion of sprayed products is prevented. The increasingly precise machines developed by EXEL Industries have led to fewer

and smaller applications. „ Sugar Beet Harvesters

The Sugar Beet Harvesters activity is carried out by HOLMER, the global leader in sugar beet harvesters. This division develops, manufactures and markets three product lines: „ a full line of sugar beet harvesters; „ cleaner-loaders for cleaning and loading beets before transport to the sugar re fi nery; „ medium- and high-capacity carriers used for fi eld logistics. „ Garden Watering and Spraying EXEL Industries, through its many brands, is one of the market leaders in the watering and protection of plants. It o ff ers high-quality, innovative products that provide e ff ective solutions to satisfy both home gardeners and semi-professionals. „ Watering tools are used to irrigate the garden, flowers, vegetables and other plants, including in pots. „ Garden sprayers make it possible to treat plants with fertilizer and protect them against weeds and other pests.

EXEL Industries Group I 2019 Universal Registration Document

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