BIC - 2019 Universal Registration Document

OUR ENVIRONMENTAL, SOCIAL, AND SOCIETAL RESPONSIBILITY

Responsibility concerning our products [NFPS]

3.2.1.3

Policies: Writing the Future, Together – #1 Fostering sustainable innovation in BIC ®

products  [NFPS] To go even further, BIC has set the goal of fostering sustainable product innovation and has codified this ambition in the following commitment: By 2025, the environmental and/or societal footprint of BIC ® products will be improved. BIC has created a “Sustainable Scorecard” defining the process and criteria for the evaluation and improvement of its products. Conceived to stimulate and facilitate sustainable innovation within the Group, it unites all of the R&D work conducted at BIC for the purpose of product improvement. The criteria defined in the Sustainable Scorecard will be applied to all products (both new and updated existing products) and to all the steps in the product development process. To evaluate the products’ environmental and societal footprint, the performance of eight criteria (light and long lasting, recycled plastic, ability to be recycled at end-of-life, green chemistry, responsible chemistry, efficient manufacturing, affordability, benefits for society) is evaluated. This tool makes the eco-design approach developed the the Group many years ago

(described below) the focal point of product development at BIC, establishing its guidelines as unconditional principles. This Sustainable Scorecard was developed in 2018 by transversal working groups uniting the different Group departments (Innovation, Marketing, Sustainable Development, etc.) and BIC ® product categories (Stationery, Lighters, Shavers). In 2019 a special computer tool was developed to facilitate product evaluation, directly connected to the existing eco-design tools (e-DEA and SimaPro). An initial evaluation of 90%  (1) of the BIC ® product portfolio has been completed (see page 118 for detail of the scope of this indicator). The roll-out of improvement plans in all three BIC ® product categories is scheduled for 2020. Progress will be assessed according to an indicator showing the percentage of BIC ® products improved in comparison with the year of reference, 2019.

BIC JOINS THE CIRCULAR ECONOMY 100 INITIATIVE

In 2019, BIC became a partner in the Circular Economy 100 initiative of the Ellen MacArthur Foundation. Its various programs will enable BIC’s teams to expand their knowledge, develop their skills, build a network and collaborate with key organizations on topics related to the circular economy.

3.2.1.4 Writing the Future, Together – #1 Fostering sustainable innovation in BIC ® products 90% (1) of the BIC ® product portfolio have been evaluated using the Sustainable Scorecard. Eco-design approach Since 2015, 100% of the new Stationery products have undergone eco-measurement. In 2019, at least 50% of the products sold by each of the three BIC ® product categories offered 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).

BIC’s eco-design approach: actions taken and results [NFPS]

Economy of materials and the circular economy BIC has signed a partnership with LOOP, the circular economy e-commerce platform created by Terracycle, the world leader in the recycling of wastes that are considered difficult to recycle. LOOP offers a practical, affordable circular economy e-commerce solution based on sustainable and refillable products and containers. It reduces dependency on packaging through home delivery, returnable packaging and supply based on actual consumption. Three BIC ® products are carried by LOOP, all three listed as approved school supplies: the BIC ® Gel-ocity ® Illusion ™ erasable gel pen and its cartridges, the BIC ® Criterium ™ refillable mechanical pencil and its six-lead refill case, and a box of 10 woodless colored pencils, for which consumers can reorder single pencils of a specific color. Integration of alternative materials The Velleda whiteboard, containing 50% pencil production residue, was launched in France at the start of the school year last fall. 194 alternative materials tested including: 66 recycled plastics; 47 hybrid materials; 81 materials from renewable resources. Stationery: 6% of the plastics used in the stationery manufacturing are recycled plastics.

Based on 2018 sales volumes. (1)

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• BIC GROUP - 2019 UNIVERSAL REGISTRATION DOCUMENT •