BIC - 2020 Universal Registration Document

COMMENTS ON THE YEAR

Operations and consolidated results

2020 GROUP NON-FINANCIAL PERFORMANCE

Water consumption: An increase of 7.1% in water consumption per ton of production is observed between 2019 and 2020. Over this same period, BIC’s total water consumption dropped by 11% while production dropped by 17%. These changes can be explained by the implementation of programs to optimize the Group’s industrial processes and equipment, combined with the Covid-19 crisis, which increased water needs by 4.1% for hygiene (62% of water is consumed for domestic use). Energy consumption: BIC has been implementing energy efficiency programs in its factories for many years. As a result, the Group has improved its energy efficiency by 5.8% in ten years. In 2020 BIC signed a partnership with Schneider Electric for the implementation of a system that will closely monitor energy consumption at all BIC sites, with the goal of optimizing consumption and the related costs while increasing the use of renewable electricity. Renewable energy: In 2020, the share of renewable electricity consumed by the Group stood at 80%, compared with 76% in 2019. This significant increase in the Group’s use of renewable electricity reflects its commitment in this area and signs the achievement of its objective for 2025. Greenhouse gas emissions: The total amount of direct and indirect GHG emissions was estimated to be 78,046 teqCO 2 in 2020. A 20% drop in the total quantity of direct and indirect (scopes 1 and 2) GHG emissions, notably due to the decline in activity related to the Covid-19 crisis. Waste: A 13% decrease in the quantity of waste generated per ton of production between 2019 and 2020, resulting from the decreased demand of production. Headcount: in 2020, 70% of the headcount received training (present on December 31, 2020) with an average of 3.1 days per employee.

Diversity: In 2020, women accounted for 46% of permanent team members in the Group: 38% of the workforce in Europe, 44% in North America, 49% in Latin America, 38% in Middle East Africa, 47% in Asia-Pacific/Oceania, and 56% in India. Health and Safety: In 2020, health and safety management systems were operational on 91% of BIC’s sites. The frequency rate of accidents resulting in lost work time for BIC employees and temporary workers decreased in 2020 from 1.87 to 1.63. The development and implementation of actions plans will continue in 2021 and should lead to an increased safety culture and a decrease of this rate. Over the full organization in 2020, there were 50 accidents involving BIC Group team members and one for external temporary workers. The incident rate for BIC team members reached 1.85 in 2020. Human Rights: 92% of the Group’s Net Sales are generated by products produced in its factories. 84% of these factories are located in countries with no Human Rights risk according to FreedomHouse (1) . Sponsorship: In 2020, product donations and financial aid worldwide represented 1.4 million euros (internal valuation), primarily in education (2) , health, and emergency aid. BIC donated pens, coloring products, other writing instruments and shavers, with a total value of 1.3 million euro, to help local communities, hospitals, children and the homeless in the fight against Covid-19. Education: At the end of 2020, BIC estimated the number of children whose learning conditions have been improved at 118 million through direct actions with children or actions with teachers and parents since 2018.

2020 GROUP PERFORMANCE BY CATEGORY

NET SALES AND INCOME FROMOPERATIONS (IFO) BY PRODUCT CATEGORY 2019-2020

Net Sales

IFO

2020

2020

2019

2019

(in million euros)

Stationery

774.4

575.6

26.8

(31.1)

Lighters

679.0

618.1

247.7

226.4

Shavers

463.0

404.2

68.5

50.6

Other Products

33.1

30.0

(5.5)

(5.2)

Source: “Freedom in the World 2018”, a study by the non-governmental organization Freedom House. (1) For this indicator, all philanthropic actions in favor of education, including those carried out under commitment # 5, are considered. (2)

199

• BIC GROUP - 2020 UNIVERSAL REGISTRATION DOCUMENT •