2021 Universal Registration Document

FINANCIAL STATEMENTS

Parent company financial statements of SOCIÉTÉ BIC (French GAAP)

As of December 31, 2021, SOCIÉTÉ BIC had contracted:

hedged underlying of 262 metric tons of raw materials with a nominal value of 165,849 euros. The market value of these

derivative contracts (swaps), maturing in fiscal year 2022, to ● hedge changes in the price of plastic raw materials used in the Group's production activity. These contracts represent a

transactions is positive by 111,586 euros.

NOTE 20

OFF-BALANCE SHEET COMMITMENTS

20-1

Guarantees

The following schedule summarizes the off-balance sheet sureties, deposits and guarantees for SOCIÉTÉ BIC. All significant items are disclosed in this table. No other assets or registered shares have been pledged.

Sureties, deposits and guarantees issued

Maturity

(in thousand euros)

< 1 year

1 to 5 years

> 5 years December 31, 2021

December 31, 2020

Other guarantees and commitments

10,245

350

350

10,529

11,229

TOTAL

10,245

350

350

10,529

11,229

Sureties, deposits and guarantees received

Maturity

(in thousand euros)

< 1 year

1 to 5 years

> 5 years December 31, 2021

December 31, 2020

Guarantees for credit lines

10,353

1,760

13,151

-

14,911

Sureties and deposits

16,926

2,778

13,867

-

16,645

TOTAL

27,279

4,538

27,018

-

31,556

20-2

Pension obligations

December 31, 2021

(in thousand euros)

Present value of pension obligation

611

NET PENSION LIABILITY

611

OTHER INFORMATION

NOTE 21

STOCKMARKET PRICE

December 31, 2021

December 31, 2020

(in euros)

BIC shares

46.26

47.32

279

• BIC GROUP - 2021 UNIVERSAL REGISTRATION DOCUMENT •