BIC - 2020 Universal Registration Document

FINANCIAL STATEMENTS

Consolidated financial statements

Percentage ownership interest

Place of incorporation (or registration) and operation

(direct or indirect)

Name of subsidiary

Main shareholders

Principal activity

BIC Bizerte

Tunisia

SOCIÉTÉ BIC SA BIC Assemblage

100.0% Manufacturing of consumer products

BIC Zambia Ltd.

Zambia BIC Holdings Southern Africa (Pty.) Ltd.

100.0%

Distribution of consumer products

BICMaroc SARL

Morocco

SOCIÉTÉ BIC SA

100.0%

Distribution of consumer products

BIC EAST AFRICA Limited

Kenya

SOCIÉTÉ BIC SA

100.0%

Distribution of consumer products

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• BIC GROUP - 2020 UNIVERSAL REGISTRATION DOCUMENT •