BIC_REGISTRATION_DOCUMENT_2017

OUR ENVIRONMENTAL, SOCIAL, AND SOCIETAL RESPONSIBILITY The BIC Sustainable Development Program

2.1.4.

INTEGRATION OF SUSTAINABLE DEVELOPMENT INTO OUR ACTIVITIES

Extra-financial risks are taken into account by the Risk Management Department as part of its risk mapping.

Our operational structure 2.1.4.2. Managing sustainable development is based on a continuous improvement approach that is deployed across the entire BIC Group. For the definition of the “Writing the Future, Together” program, “Champions” were designated for each topic in order to coordinate the tasks of defining the commitments. A new, dedicated organization is being introduced to enable the implementation of the roadmaps and achievement of the 2025 goals. Relying on the "Champions" and the active involvement of the Leadership Team, this new organization will reflect the “integrated” approach that BIC seeks to adopt in order to fulfill its commitments.

Sustainable development as a 2.1.4.1. key factor in the decision-making process The issues of sustainable development are considered in the Company’s decision-making process. Every meeting of the Leadership Team includes an update on recent progress in sustainable development. In 2017, the Leadership Team supervised the development of the “Writing the Future, Together” program and defined the Group’s commitments for 2025. The BIC Sustainable Development Program’s goals and progress are presented at least once a year to the Board of Directors and at the Annual Shareholders’ Meeting. In addition, the Audit Committee is kept abreast of the policies and programs implemented by the Group. In 2017, a Nominations, Governance and Corporate Social Responsibility (CSR) committee was formed within the Board of Directors.

BOARD OF DIRECTORS

LEADERSHIP TEAM Defines strategies for the Sustainable Development Program

Decisions

Proposals

COUNTRIES • Apply the Sustainable Development Program locally: - to meet the needs of customers and other stakeholders

FUNCTIONS • Integrate sustainable development in certain projects • Contribute to the reporting of extra-financial data

SUSTAINABLE DEVELOPMENT MANAGEMENT • Develops proposals and action plans • Leads and coordinate the Sustainable Development Program • Develops communication targeting the SRI community and other targets • Carries out surveys and exploratory projects • Handles sustainable development watch and corporate relations • Supervises the consolidation of extra-financial data

Support

Support

- taking local cultures and regulations into account • Contribute to the reporting of extra-financial data

Contribution to the program

Contribution to the program

Leadership and Coordination

Proposals

CHAMPIONS

• Propose and supervise the action plans

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BIC GROUP - 2017 REGISTRATION DOCUMENT