BIC - 2020 Universal Registration Document

OUR ENVIRONMENTAL, SOCIAL, AND SOCIETAL RESPONSIBILITY

Ethics and business conduct across the value chain [NFPS]

In 2020 the BIC Group continued to focus on the monitoring of pending regulations and standards concerning Stationery products (EU directives and regulations, REACH, CLP, Toy Safety), lighters (safety standards and market surveillance, CLP, e-commerce), and both lighters and shavers (legislation in Spain’s autonomous communities concerning product typologies and end-of-life management). responsibilities At the highest level within the Group, CEO Gonzalve Bich and the members of the Executive Committee are responsible for steering and monitoring all lobbying actions on a regular basis. The operational responsibility for BIC’s relationships with public authorities and institutions is delegated to a small number of Clearly identified lobbying 3.5.4.2

specifically identified managers, who have been named to represent the Group in the above-mentioned proceedings. The members of the Executive Committee are kept informed of the progress of laws and regulations that affect their operations. BIC Group ensures strict compliance with local laws and regulations in the pursuit of its lobbying activities. Like all the Group’s activities, lobbying is governed by the Anti-Corruption Policy and the BIC Code of Conduct, which names the persons to be notified in case of violation. 3.5.4.3 The latest developments concerning lighters are shared with the Group’s team members during the results presentations. The General Managers and Marketing Managers are also kept directly abreast of BIC’s lobbying actions on lighters. Teammembers’ awareness

126

• BIC GROUP - 2020 UNIVERSAL REGISTRATION DOCUMENT •