2021 Universal Registration Document

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

Our products [NFPS]

OUR PRODUCTS [NFPS] 3.2.

BIC produces and markets consumer products that are lightweight, long-lasting and affordable for all. From day one, BIC ® products have been designed and made with the absolute minimum raw materials. At BIC, this approach is reflected in the “4 Rs” philosophy (Reduce, use Recycled and alternative materials, Refill, Recycle) based on the circular economy principles. Through its “Writing the Future, Together” program, the Group goes even further. This is reflected in its commitment to accelerate the integration of recycled and alternative materials into its products and improve their environmental, social and societal performance. EMA (EMA - Environmentally & socially Measurable Advantage), the Group’s Sustainable Scorecard, has been incorporated into product design processes. BIC also contributes to the development of the circular economy by establishing partnerships to use secondary raw materials. It is also involved in creating a pilot channel for the recycling of stationery products, shavers and lighters. BIC ® products are designed to meet and anticipate the expectations of all consumers in developed as well as developing countries. The Group also takes all necessary steps to uphold its brand image and preserve its reputation.

3.2.1

THE CIRCULAR ECONOMY AT BIC: THE “4 RS” PHILOSOPHY

BREAKDOWNOF RAWMATERIAL PURCHASES IN 2021 (2)

The circular economy consists of producing goods and services in a sustainable way by limiting the consumption and wasting of resources as well as the production of waste. The goal is to transition from a society based on a linear extraction-production-waste model to a more circular economic model (1) . At BIC, the principles of the circular economy are embodied in the Group’s “4 Rs” philosophy. This serves as a guide for all its “product” processes: Reduce the consumption of materials; ● use Recycled or alternative materials; ● design and manufacture Refillable products and packaging ● whenever possible; design and manufacture Recyclable products and packaging. ● 3.2.1.1 To manufacture its products, BIC uses raw materials (plastics, inks, packaging and metals, etc.), natural resources (water and energy) and generates waste. Risks and opportunities [NFPS]

1.5% Other (excluding OEM)

7.8% Chemicals

14.7% Metals

41.5% Plastics

34.5% Packaging

Product life cycle studies show that a product’s environmental impact is primarily determined by the raw materials used and its service life. The challenge is thus to minimize raw materials and maximize the product’s lifespan. In fact, the more lightweight a product and the longer it lasts, the better its environmental performance. Starting in 1994, when BIC conducted its first life cycle studies, the Group set out its founding principle of “just what’s necessary” (3) . The idea is to offer fairly priced products with lower environmental impact.

Source: website of the French Ministry of Ecological Transition. (1) Spent in Euros (2) "Il y aura l’âge des choses légères“ by Thierry Kazazian, Victoires Éditions, 2003. (3)

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• BIC GROUP - 2021 UNIVERSAL REGISTRATION DOCUMENT •