BIC - 2019 Universal Registration Document

OUR ENVIRONMENTAL, SOCIAL, AND SOCIETAL RESPONSIBILITY

The BIC Sustainable Development Program and non-financial performance [NFPS]

Non-financial risks

Description of the risks

Opportunities

Policies and actions taken

Results/Indicators

BIC’s policies Writing the Future, Together: #1 Fostering sustainable innovation in BIC ® products Responsible Communication Charter. BIC’s approaches Eco-design approach.

BIC ® products’ performance in use: more than 2-km of writing • for a ballpoint pen up to 3,000 flames for a • lighter 17 shaves for a triple-blade • shaver 19 BIC ® products have • earned the NF Environnement ecolabel 100% of the environmental • 59% Rate of promotion of • managers within the Company (levels 3, 4, 5 and 6) – BIC Group 16,629 Number of training • days – permanent and temporary employees Number of training hours • (per subject) – BIC Group – permanent and temporary employees: technical training: 100,725; Health and well-being training: 5,607; BIC Culture: 11,814; Leadership skills: 14,889. claims for BIC ® products on packaging, in catalogs and on websites are validated by the Legal Department

R8 Risks related to reputation and brand.

In the context of increasing environmental awareness, the brand image could be associated with disposable products, leading to customer disaffection for BIC ® products.

To position BIC as a brand that delivers quality and safety and as a responsible brand, emphasizing its long-term commitment and ambitious programs. To launch innovative products that counter BIC ® ’s image as a maker of disposable products: multi-use products designed to use minimummaterials and last a long time. To stand out on the Group’s markets through BIC ® products that offer environmental and social benefits. To develop programs that favor the employability of our teammembers in the Company and outside the Company.

BIC’s approaches Succession Plans. Teammembers training.

R9 Risks related to experienced teammembers and skills.

BIC has specific skills thanks to its experienced teammembers, especially in manufacturing processes and business practices. The loss of experienced team members could slow down the implementation of the Group’s development plans. It could also result in the inability to implement the Group’s strategy.

3.1.2

GOVERNANCE OF POLICIES AND ACTIONS TAKEN TO PREVENT,

REDUCE AND CORRECT THE MAIN CSR RISKS  [NFPS]

Sustainable development as a key factor in the decision-making process 3.1.2.1 The issues of sustainable development are considered in the plastics and the circular economy, and the sharing of strategic Company’s decision-making process from the perspective of risks to orientations.

be controlled and opportunities to be seized. A Sustainable Development Steering Committee was formed in 2019, including the Group Supply Chain Officer, Group Insights and Innovation Officer, General Manager Lighters, Group Commercial Officer and Group Sustainable Development Director. It met three times during 2019 with the following agenda: alignment with the short- and long-term sustainable development strategy, progress review of the “Writing the Future, Together” program and other Sustainable Development Programs (responsible communication, responsible products, emerging issues, etc.), information on topics related to

The BIC Sustainable Development Program’s goals and progress are presented at least once a year to the Board of Directors and at the Annual Shareholders’ Meeting. In addition, the Audit Committee is kept abreast of the policies and programs implemented by the Group. Since 2017, the Nominations, Governance and Corporate Social Responsibility (CSR) Committee reviews the actions taken by the Group as part of its Sustainable Development Program and monitors the deployment of the “Writing the Future, Together” strategy.

75

• BIC GROUP - 2019 UNIVERSAL REGISTRATION DOCUMENT •