BIC_REGISTRATION_DOCUMENT_2017

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

Dialog with the financial 2.1.5.5. community Challenges ♦

Clearly identified lobbying responsibilities At the highest level of the Group, SOCIÉTÉ BIC Chairman and CEO Bruno Bich, Chief Operating Officer Gonzalve Bich and BIC Executive Vice-President Marie-Aimée Bich-Dufour, along with the Category and Continent Directors, are responsible for steering and monitoring all lobbying actions on a regular basis. The operational responsibility for BIC’s relationships with public authorities and institutions is delegated to a small number of specifically identified managers, who have been named to represent the Group in the above-mentioned proceedings. The category and Continent Directors are kept informed of the progress of laws and regulations that affect their operations. BIC Group ensures strict compliance with local laws and regulations in the pursuit of its lobbying activities. Like all the Group’s activities, lobbying is governed by the Anti-Corruption Policy and the BIC Code of Ethics, which names the persons to be notified in case of violation. Employee awareness The latest developments concerning lighters are shared with the Group’s employees during the results presentations. The General Managers and Marketing Managers are also kept directly abreast of BIC’s lobbying actions on lighters. Progress made in 2017 ♦ BIC Group lobbying activity in 2017 focused on pending regulations and standards concerning stationery products (EU directives and regulations: REACH, CLP, Toy Safety) and lighters (ISO 9994, Child Safety, CLP). The Group is also following the European Commission project to improve market oversight.

Shareholders and investors increasingly seek to integrate sustainable development into the realm of finance. As part of its ongoing dialog with the financial community, BIC strives to offer all relevant information and indicators and shows how its Sustainable Development Program has allowed the Group to seize opportunities and control the associated risks. Progress made in 2017 ♦ Throughout 2017, the dialog on the topic of sustainable development continued at various events, including: the Annual Shareholders’ Meeting on May 10, 2017, at which the ● topic was presented to the Shareholders; the Oddo Mid-Cap Forum in January 2017 in Lyon, France, where ● BIC met, upon their request, with financial and extra-financial analysts and fund managers at individual or group meetings; the ESG/SRI meeting organized by Société Générale on ● November 7, 2017. As majority Shareholders, the members of the Bich family are given regular presentations on BIC’s sustainable development Program, its ambitions and its progress by the Sustainable Development Director.

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BIC GROUP - 2017 REGISTRATION DOCUMENT

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