BIC - 2018 Registration document

OUR ENVIRONMENTAL, SOCIAL, AND SOCIETAL RESPONSIBILITY

Responsibility concerning our products [NFPS]

4-Couleurs™ and 4-Couleurs TM 3+1 combine three ink colors and a mechanical pencil, all refillable. On the U.S. market, pen refills are available on a dedicated website www.shopbic.com. They are also available on the website www.bicworld.com, which links to a European e-commerce site offering the BIC ® refill range. In the Shaver category , the BIC ® Hybrid shaver is sold as a handle with four-to-six heads. The underside of the handle is also ribbed to reduce the use of plastic without altering the shaver’s ergonomic characteristics, which are the same as those of a conventional handle. Because it comes with four-to-ten heads, the product’s performance life is at least four times that of a standard non-refillable shaver. Over its entire life cycle and for one year of shaving, the environmental impact of the BIC ® Hybrid shaver is 28% less than that of a similar non-refillable BIC ® model, like the BIC ®  Comfort 3 ® Action ® .

To further its involvement in sustainable development, BIC has joined Bio-speed, a consortium bringing together multiple groups, including Danone, Faurecia, Lego, Michelin, L’Oreal and Quicksilver, for the purpose of accelerating the emergence of a biomass economy. Its goal is to reduce fossil fuel dependency and the environmental footprint of manufactured products by promoting the conversion of non-food biomass into polymers. Developing refillable and hybrid products BIC makes an ongoing effort to launch refillable products due to their environmental advantages. However, in the case of low-end stationery products, the consumer demand for refills is virtually non-existent. In the Stationery category, BIC continues to offer refillable pens. For example, in the BIC ® Gel-ocity ® line of refillable gel ink pens, the

LAUNCH OF THE BIC SHAVE CLUB

In 2017, BIC Group launched the “BIC Shave Club” in France and in the United Kingdom. The first such service in France, it offers online subscriptions for refillable BIC ® men’s shavers. With their subscription, customers receive a free handle and thereafter monthly refills shipped directly to their homes. Meeting the current demand for direct sales and easier access to products, this new distribution mode makes optimal use of the potential of BIC’s refillable shavers.

Progress made in 2018 ❯ Building on the success in recent years of its triple-blade BIC ®  Hybrid shavers, which offer the consumer high-quality shaving along with environmental performance, the Group pursued the development of this line in 2018 by: expanding its distribution under the BIC ® Comfort 3 Hybrid ● brand in Latin America; launching a BIC ® Flex 3 Hybrid shaver in a pack containing a ● handle and five heads, adapted for North America; launching the BIC ® Soleil Bella Click, a four-blade women’s ● shaver consisting of a lightweight hollow handle sold with four heads, in North America; launching the BIC ® Flex 5 Hybrid in Russia in a pack containing ● a handle and two heads. Performance of the eco-design process ❯ In 2018, the three BIC ® products categories have sold at least 50% of products with at least one environmental benefit. BIC has defined the environmental benefits for its products by complying with at least one of the following: lightweight and long-lasting (writing instruments ≤ 3 g/km; ● correction products ≤ 1.8 g/m; lighters ≤ 8 g/1,000 flames; shavers ≤ 1 g/shave); made from alternative materials (recycled, vegetable origin, ● etc.); refillable; ● eco-labeled ( NF Environnement , etc.). ●

This indicator is calculated on the number of units and concerns the products of the three main categories (except PIMACO and Cello Pens activities). Perspectives ❯ To sustain the momentum of recent years, in 2019 the Group plans to further expand the distribution of its men’s and women’s hybrid shaver lines: two launches in North America: the BIC ® Flex 2 Hybrid in a ● pack containing a handle and 10 heads, and the BIC ® Soleil Click 5, a women’s five-blade shaver consisting of a handle sold with three heads; a launch in Europe: the BIC ® Soleil Click in Italy, a three-blade ● women’s shaver consisting of a lightweight hollow handle sold with six heads; two launches in Latin America: the BIC ® Soleil Clic, a ● three-blade women’s shaver consisting of a lightweight hollow handle sold with six heads, and the BIC ® Flex 3 Hybrid, a handle sold with five heads; two launches in the Middle East-Africa: the BIC ® Flex 3 Hybrid, ● a three-blade shaver sold with four heads, and the BIC ® Flex 5 Hybrid, a five-blade shaver sold with four heads. The Stationery category is pursuing several innovative projects, including the reuse of post-industrial waste in the core of a Velleda whiteboard, which will reduce emissions of this type of waste by 300 tons a year. BIC Stationery is also conducting trials for the circular economy in partnership with LOOP.

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• BIC GROUP - 2018 REGISTRATION DOCUMENT •