BIC - 2018 Registration document

OUR ENVIRONMENTAL, SOCIAL, AND SOCIETAL RESPONSIBILITY

Our social responsibility to our employees [NFPS]

PERMANENT EMPLOYEES BY ACTIVITY - BIC GROUP

Managers accounted for 20% of permanent Group employees in 2018. For BIC Group, the main characteristic of a manager is that he/she coordinates a range of resources for which he/she is responsible, with a degree of autonomy and responsibility necessary for the achievement of objectives on at least an annual basis. Management might refer to a team, a project, a process, a technique, or a customer or supplier portfolio. Recruitment and terminations 3.4.1.4. For recruitment purposes, the Group has, over recent years, developed a mobility policy and an active internal promotion policy backed by career management tools (Individual Development Plan, Succession Plan, talent accelerators, etc.). The Group recruited 1,563 external candidates, including 400 for management positions, In 2018, the external recruitment rate was 11%, as last year (15% for managers). The Group enhances awareness of the Company in the international employment market through the use of tools such LinkedIn and also partners with internationally renowned specialized recruitment companies. Over recent years, the Group has reinforced its managers’ expertise in recruitment techniques and has developed a more efficient selection and tracking process. In India (Cello Pens) the number of voluntary departures has doubled in 2018. It has increased from 740 in 2017 to 1,421 in 2018. The voluntary departures rate is 20% for 2018. In the rest of the Group, the voluntary departures rate increased from 6% to 8% in 2018, which corresponds to 622 resignations and retirements in 2018 (569 departures in 2017). In 2018, as in 2017, the highest rate is in Asia-Océania (21%). In North America, the rate is 11%, 10% in Middle East Africa and 9% in Latin America. For several years, Europe has a low voluntary turnover (5.6%) due to staff stability in factories. For the perimeter excluding India – Cello Pens, the Group carried out 360 terminations in 2018 versus 314 in 2017  (1) . The involuntary departure rate has increased from 3 to 5%. In India, the number of terminations has significantly increased; from 295 to 431 terminations in 2018, representing an involuntary departure rate of 6%. In the event of staff restructuring that results in job cuts and terminations of profiles that are not adapted to the futures organizations, Group policy is to respect local legal obligations as a minimum, in cooperation with social partners. Moreover, BIC strives to reassign employees whenever possible. VOLUNTARY TURNOVER – PERMANENT WORKFORCE 8% 8% 8% 2016 2015 7% 2010 7% 2011 6% 2012 6% 2017 8% 2018 2014 7% 2013

1,783 12% 1,693 11%

1,701 12% 1,723 13%

11,458 77%

10,240 75%

2018

2017

Distribution, Marketing and G&A Manufacturing and R&D Sales and Customer Service

The workforce, across each activity, has remained constant in recent years, reflecting the stability of BIC’s system of organization.

Breakdown of the workforce by age 3.4.1.2. All ages are represented in BIC.

BREAKDOWN OF THE WORKFORCE BY AGE GROUP

73% 75%

20% 18%

6% 7%

Under 30 years

30 to 55 years

Over 55 years

2017

2018

Breakdown of the workforce 3.4.1.3. by category PERMANENT HEADCOUNT BY CATEGORY

December 2017

December 2018

Variation 2018/2017

Managers

2,723 (18%)

2,787 (20%)

+2.3%

Non-managers

12,211 (82%)

10,877 (80%)

-10.9%

Excluding Cello Pens and departures related to the sale of BIC Graphic in 2017. (1)

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• BIC GROUP - 2018 REGISTRATION DOCUMENT •