2021 Universal Registration Document

NON-FINANCIAL PERFORMANCE STATEMENT: OUR ENVIRONMENTAL, SOCIAL AND SOCIETAL RESPONSIBILITY

Climate-related performance report

3.7.2

STRATEGY

Risks and opportunities related to climate change and their impact [NFPS] 3.7.2.1 [NFPS risk 2] BIC has identified the following risks related to climate change among its main CSR risks:

Risk type & Primary climate-related risk driver Emerging regulation: Carbon pricing mechanisms

Climate-related risk

Potential Financial impacts

Time horizon & Likelihood

Development of new regulations and standards regarding product environmental impact assessment and communication (including carbon impact) as well as consumer behavior changes impacting the Group’s sales Increasing global regulation of carbon and energy directly or indirectly impacting BIC’s operations or those of its suppliers and contract manufacturers Disruption or interruption of production activities due to extreme weather conditions or availability of natural resources (water, energy, etc.) directly impacting BIC’s factories or those of its suppliers and subcontractors Improving product environmental performance, in particular through “Writing the Future Together” commitment #1 Fostering sustainable innovation in BIC ® products Standing out on the markets by offering products with a reduced carbon footprint Changing consumer behavior creates new market opportunities for products that consume less or use less impacting raw materials Climate-related opportunity

Increased indirect (operating) costs Short-term (0 to 3 years) & very Likely

Increased indirect (operating) costs Short-term (0 to 3 years) & likely

Acute physical: Increased severity and frequency of extreme weather events such as cyclones and floods

Decreased revenues due to reduced production capacity

Long-term (6 to 20 years) & more likely than not

The challenges to global warming are a source of opportunities for BIC as well. These include:

Opportunity type & Primary climate-related opportunity driver Products and services: Development and/or expansion of low emission goods and services

Potential Financial impacts

Time horizon & Likelihood

Increased revenues through access to new and emerging markets

Medium-term (3 to 6 years) & more likely than not

Increased revenues resulting from increased demand for products and services Increased revenues through access to new and emerging market

Long-term (6 to 20 years) & more likely than not

Products and services: Shift in consumer preferences

Short-term (0 to 3 years) & more likely than not

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• BIC GROUP - 2021 UNIVERSAL REGISTRATION DOCUMENT •