BIC - 2020 Universal Registration Document

OUR ENVIRONMENTAL, SOCIAL, AND SOCIETAL RESPONSIBILITY

Our products [NFPS]

ENVIRONMENTAL PERFORMANCE MEASUREMENTS FOR THREE MAIN BIC ® PRODUCTS (1)

Life cycle analysis approach ‒ ReCiPe (version 1.12) Endpoint (H/A) Europe

Rawmaterials

Production

Distribution

End of life

BIC® Cristal® ball pen

81%

12%

4%

3%

BIC® Maxi lighter

81%

11%

5%

3%

BIC® Classic single-blade shaver

79%

14%

4%

3%

3.2.1.2

New ambitious goals for products and

Among the major CSR risks related to its products, the BIC Group identifies: risks related to plastics [NFPS risk 1], including: ● upstream, the use of this material in BIC ® products, • contributing to the depletion of a non-renewable resource which is therefore subject to rarefaction and price volatility, downstream, with the growing problems of pollution • resulting from plastic waste. In addition to these issues, there is also the ever-growing body of regulations on the use of plastics, as well as the perception of consumers and citizens; risks related to climate change [NFPS risk 2] due to the use of ● petroleum-derived raw materials (plastics). The effort to minimize the use of these raw materials and use more recycled and alternative materials is part of the plan for controlling these risks (see also Writing the Future, Together # 1 § 3.2.1.2). For BIC, the challenges related to plastic waste and resource depletion also offer opportunities, such as: differentiation on the markets by offering products with ● environmental benefits; innovation in materials and products, backed up by the close ● monitoring of technical and regulatory developments concerning plastics; the implementation of a recycling and remanufacturing ● channel, paving the way toward the circular economy, and making use of feedback on this experience to initiate other similar systems adapted to each country; communication to inform customers and consumers of the ● products’ environmental benefits in order to help them make more responsible choices.

packaging, in keeping with the “4 Rs” In 2020 BIC wanted to go further. In keeping with its “4 Rs” philosophy, the Group made new commitments to use more recycled and alternative materials in its products, and to speed the transition toward reusable, recyclable or compostable packaging: by 2030, BIC aims for 50% non-virgin petroleum plastic for its ● products, with a goal of 20% by 2025; by 2025, 100% of BIC consumer plastic packaging will be ● reusable, recyclable, or compostable. In addition: by 2025, 100% of BIC paper and cardboard packaging will be ● provided by certified sources and/or recycled; by 2025, 100% of BIC plastic packaging will be PVC-free; ● by 2025, 75% of the material used in BIC plastic packaging will ● be recycled. All of these goals were defined by ad hoc working groups uniting all of the entities concerned within the Group (Group Insight & Innovation, Group Global Supply Chain, Group Lighter and Group Commercial), based on recommendations and expertise from outside the Group (in particular the Ellen MacArthur Foundation). These goals have been integrated into the “Writing the Future, Together” program (#1 Fostering Sustainable Innovation in BIC ® products) and supplement the commitment made in 2018 to implement the 4 Rs philosophy as well as other environmental and social principles (responsible chemistry, affordability, etc.) as part of the Group’s everyday operations: by 2025 the environmental and/or societal footprint of BIC ® ● products will be improved (“Writing the Future, Together” #1 Fostering Sustainable Innovation in BIC ® products).

BIC analysis. (1)

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• BIC GROUP - 2020 UNIVERSAL REGISTRATION DOCUMENT •