BIC - 2020 Universal Registration Document

COMMENTS ON THE YEAR

Investments

Brazilian Real. The closing was completed on the 26 th of February, 2021. On December 15, 2020 BIC acquires Rocketbook, the leading smart and reusable notebook brand in the U.S., entering the digital writing segment, a fast-growing market.

On July 1, 2020 BIC announced the completion of the acquisition of Djeep. This acquisition aims at strengthening BIC’s position in the pocket lighters market and offers substantial growth opportunities in Europe and North America. On December 15, 2020, BIC signs agreement to sell Brazilian Adhesive Label business, PIMACO, to Grupo CCR, for 40 million

PRINCIPAL INVESTMENTS IN 2020

In the Lighter category, we invested in new machines and molds to improve quality and productivity and accelerated investments in sustainable development. In the Shaver category, major investments were related to New Products.

2020 Capex were 83.1 million euros. In the Stationery category, major investments included: additional production capacity for BIC ® 4-Color TM in ● Marne-la-Vallée (France); new plant investments in Nigeria and Bizerte (Tunisia). ●

PRINCIPAL INVESTMENTS IN PROGRESS: GEOGRAPHIC DISTRIBUTION AND FINANCING METHODS

Not applicable.

PRINCIPAL FUTURE INVESTMENTS

Not applicable.

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• BIC GROUP - 2020 UNIVERSAL REGISTRATION DOCUMENT •