BIC - 2020 Universal Registration Document

COMMENTS ON THE YEAR

Operations and consolidated results

2020 GROUP PERFORMANCE BY GEOGRAPHIES

NET SALES BREAKDOWN BY GEOGRAPHICS

Change on a comparative basis

FY 2020

FY 2019

Change as reported

(in million euros)

Group Net Sales Europe Net Sales

1,949.4

1,627.9

-16.5%

-12.6%

558.9

517.3

-7.5%

-6.9%

North America Net Sales Latin America Net Sales

764.4

703.1

-8.0%

-6.1%

365.6

230.1

-37.1%

-24.4%

Middle East & Africa Net Sales

118.4

87.2

-26.3%

-24.0%

Asia & Oceania (Including India) Net Sales

142.1

90.2

-36.5%

-32.3%

IMPACT OF CHANGE IN PERIMETER AND CURRENCY FLUCTUATIONS ON NET SALES

FY 2020

FY 2019

(in %)

Perimeter

(0.4)

+0.2

Currencies

+2.3

(4.2)

Of which USD •

+1.9

(0.7)

Of which BRL •

(0.2)

(2.0)

Of which MXN •

+0.3

(0.4)

Of which RUB and UAH •

+0.1

(0.3)

Of which ZAR •

(0.3)

(0.2)

SENSITIVITY OF NET SALES TO KEY CURRENCY CHANGES

2020

2019

(in %)

+/-5% change in USD +/-5% change in BRL +/-5% change in MXN

+/-1.8

+/-2.0

+/-0.4

+/-0.3

+/-0.3

+/-0.2

202

• BIC GROUP - 2020 UNIVERSAL REGISTRATION DOCUMENT •