2021 Universal Registration Document

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

Our products [NFPS]

ENVIRONMENTAL PERFORMANCE MEASUREMENTS FOR THREE LEADING BIC ® PRODUCTS (1)

Life cycle analysis approach ‒ ReCiPe (version 1.12) Endpoint (H/A) Europe

Rawmaterials

Production

Distribution

End of life

BIC ® Cristal ® ball pen

81%

12%

4%

3%

BIC ® Maxi lighter

81%

11%

5%

3%

BIC ® Classic single-blade shaver

79%

14%

4%

3%

3.2.1.2

Ambitious goals for products and

BIC has identified the following risks among its major CSR product-related risks: risks related to plastics [NFPS risk 1] , including: ● upstream: the use of plastic in BIC ® products. This • contributes to the depletion of a non-renewable resource, which is therefore subject to scarcity and price volatility, downstream: pollution from plastic waste. • In addition to these issues, there is also the ever-growing body of regulations on the use of plastics as well as the perception of consumers and citizens; risks related to climate change [NFPS risk 2] resulting from the ● use of petroleum-derived raw materials (plastics). A plan to manage these risks includes an effort to reduce the use of petroleum-derived raw materials and to employ more recycled and alternative ones (also see Writing the Future, Together # 1 Section 3.2.1.2). The challenges related to plastic waste and resource depletion also offer opportunities. These include: increasing the use of recycled and alternative materials in ● products to promote more responsible consumption; creating circular economy loops that enable the collection, ● recycling and reuse of the products; offering unique BIC ® products that provide environmental and ● social benefits in its markets.

packaging, in keeping with the “4 Rs” In 2020 aligned with its “4 Rs” philosophy, the Group made new commitments to: use more recycled and alternative materials in its products; ● and speed the transition toward reusable, recyclable or ● compostable packaging. In practice this means that: by 2030, BIC aims for 50% non-virgin petroleum plastic for its ● products, with a goal of 20% by 2025; by 2025, 100% of BIC consumer plastic packaging will be ● reusable, recyclable, or compostable. In addition: by 2025, 100% of BIC paper and cardboard packaging will be ● from certified sources and/or recycled; by 2025, 100% of BIC plastic packaging will be PVC-free; ● by 2025, 75% of the material used in BIC plastic packaging will ● be recycled. All of these goals were defined by ad hoc working groups bringing together all the relevant Group entities (Insight & Innovation, Global Supply Chain, Lighter and Commercial). These are based on recommendations and expertise from outside the Group (in particular the Ellen MacArthur Foundation). These goals have been incorporated into the “Writing the Future, Together” program (#1 Fostering Sustainable Innovation in BIC ® products) and supplement the commitment made in 2018 to implement the “4 Rs” philosophy as well as other environmental and social principles (responsible chemistry, affordability, etc.) as part of the Group’s day-to-day operations.

BIC analysis. (1)

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• BIC GROUP - 2021 UNIVERSAL REGISTRATION DOCUMENT •

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