2021 Universal Registration Document

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

Our products [NFPS]

The BIC ecosystem, promoting the circular economy Over the past years BIC has joined forces with key players to facilitate its shift toward the circular economy: in 2019, BIC signed up to the Circular Economy 100 initiative ● by the Ellen MacArthur Foundation . Its various programs will enable BIC’s teams to expand their knowledge and skills while networking and collaborating with key organizations on the circular economy; in 2020, BIC also joined the Plug & Play network, the world’s ● largest innovation ecosystem. This gives the Group easy access to the right partners and best startups to speed up R&D on new pertinent solutions and sustainable products that meet the ever-changing needs of consumers; with its partners TerraCycle, Govaplast and Plas Eco , BIC is ● driving an innovative new channel to promote the circular economy, exploring plastic recycling techniques to improve the state of the art; since 2019, the BIC Lighters division has supported the Tara ● Ocean Foundation . Its oceanographic research vessel sails the world’s oceans, bringing scientists together in an effort to Packaging is needed at various stages of BIC ® product life cycles: for their protection, shipping, storage and sale, and for promotional support. BIC’s packaging primarily consists of boxes and cases made of plastic, paper and cardboard. This packaging has an environmental impact during its manufacturing, shipping and at end of life. Historically, BIC promotes selling products without consumer packaging or in value packs. In Europe: 77% of writing products are packaged in boxes, trays or ● pouches of at least 10 products (91% in North America); 77% of lighters are sold in trays of at least 50 (66% in North ● America); and 80% of shavers are marketed in pack of five, 10 or more (75% ● in North America). BIC has launched multiple Group-wide initiatives in keeping with its “4 Rs” philosophy. A few examples are given below. The “4 Rs” ‒ Reduce the consumption of materials BIC actively seeks to reduce the weight and volume of its packaging through multiple targeted actions around the world in accordance with local distribution models. The “4 Rs” ‒ Use Recycled or alternative materials By 2021, the transition from virgin to 100% recycled plastic for the 50 lighter trays was completed. In Europe, the “Classpack”, packaging designed for school use, has been upgraded from non-recycled plastic to recycled PET. 3.2.3

understand the dynamics of plastic breakdown at sea. This research program also documents the impact of plastic waste on the oceans, with the long-term goal of identifying substitute materials; BIC has joined Bio-speed , a consortium looking to accelerate ● the emergence of a biomass economy. It brings together a number of groups, including Danone, Faurecia, Lego, Michelin and L'Oréal. Its goal is to reduce fossil fuel dependency and the environmental footprint of manufactured products by promoting the conversion of non-food biomass into polymers; in the research of alternative materials, BIC has developed ● over 100 strategic R&D partnerships with startups, cutting-edge companies, universities, research institutes and external laboratories over the past years; in 2021, BIC teamed up with the supplier Avient to ● incorporate their reSound™ recycled-content thermoplastic elastomer in BIC Soleil ® Click 5 handle. This material utilizes 62% recycled content and when combined with the razor handle it reached over 40% recycled content in total. A consumer launch is planned in 2022. BIC estimates that at the end of 2021: 52.1% recycled materials are used in BIC plastic packaging; ● 97.4% of BIC paper and cardboard packaging comes from ● certified and/or recycled sources. The “4 Rs” ‒ Design and manufacture Recyclable or reusable packaging In 2020, the Group announced that by 2025, 100% of its plastic consumer packaging will be reusable, recyclable or compostable. In 2021, BIC replaced the PET blister packaging for its BIC ® Hybrid Flex ® and BIC Soleil ® Click shaver range by a 100% recyclable cardboard made from 80% recycled content. This product range was launched in North America and Europe in early 2021. To keep the razor inside the cardboard box, a recyclable cardboard insert made from 80% recycled content was developed as well. Furthermore, the replacement blades are sold in a cardboard box made of 80% recycled material. Overall, plastic consumption decreased by more than 150 tons in 2021. Likewise in 2021, the BIC Bamboo™ shaver with a bamboo handle was launched in Sweden alongside its 100% recyclable cardboard packaging. Two new stationery lines with cardboard packaging were launched in 2021: in North America, BIC launched the BIC ® ReVolution range, ● whose products are made of at least 50% recycled content. The cardboard packaging for all products in this range is made up of 100% recycled content and are fully recyclable; in Europe, the BIC ® Cristal ® Re’New ® refillable pen with a ● metal barrel launched in April is sold in a FSC certified cardboard packaging.

APPLYING THE “4 RS” PHILOSOPHY TO PACKAGING

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• BIC GROUP - 2021 UNIVERSAL REGISTRATION DOCUMENT •