2021 Universal Registration Document

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

Our products [NFPS]

In order to keep pace with future regulatory challenges, the Product Congress in Lyon. As well as the Perfumes & Cosmetics Congress in Safety teams participate in various annual events in Europe and Chartres on regulatory issues, and the webinars organized by the around the world. In 2021, most of these events were held FEBEA. The American team participated in the working meetings of remotely. The European team was able to participate in the working the American associations ACMI and WIMA and was trained to meetings of the European associations EWIMA and TIE, the assess the risks of chemical impurities in the California AFNOR meetings (toy standardization committee), the Biocides Proposition 65.

COMPLIANCEWITH THE REACH REGULATION

The European REACH (Registration, Evaluation, Authorization and Restriction of Chemicals) regulation establishes the regulatory framework for chemical substances and places responsibility on manufacturers to demonstrate the safety of the chemicals they use. Since 2008, in response to REACH, BIC has preregistered 168 substances for six of its legal entities. In compliance with the law, registration has been completed for all substances that needed to be registered. Following the 2018 deadline for products representing 1 to 100 tons per year, the authorities are now evaluating the compliance of the registrations received. BIC remains on the lookout for potential impact. Many countries are adopting regulations similar to the EU REACH regulation. Since 2020, the Group is compliant to the regulations in the countries where it operates including: Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia and Turkey. Following Brexit, in 2021 BIC notified more than 100 substances in the UK.

Marketing compliant products that are safe for human health and the environment To ensure consumer safety, the Group Insights & Innovation Officer, the Group Supply Chain Officer and the Group Lighter General Manager are responsible for marketing safe products that comply with regulations. To this end, they rely on: BIC’s commitment to ensure that its products comply with ● regulations and are safe for health and the environment (see above); monitoring by dedicated teams (see above); ● a product safety qualification process for all products before ● they are put on the market (see below). This solid, long-standing organization is constantly adapting and expanding to reflect changing regulations. The Executive Committee and management teams are systematically kept abreast of new developments in product safety and regulations. Systematic testing and evaluation programs Before being released onto the market, all BIC ® products, both new or modified, must undergo a comprehensive program of safety tests and qualification evaluations. These are designed to assess potential hazards, identify the chemical substances present, evaluate their risk level, verify their compliance with standards; and identify any adaptations to the formulas or substitutions that might be needed to reduce risks.

BIC faces competition from several low-cost lighters that too often do not comply with international safety standards. According to tests by independent accredited laboratories, over three quarters of the lighter models in the European market fail to meet standards. The Group has taken steps to raise awareness among the various parties involved. The European Commission is in the process of revising its General Product Safety Directive. BIC based on its market knowledge and long experience of the system’s shortcomings, in particular as a result of the infringement proceedings against the Netherlands put forward constructive proposals to fundamentally improve the European product safety oversight framework. Training In 2021, approximately 130 team members from the Legal, Group Insights & Innovation, Marketing Europe and Sales France Departments were trained on product safety (1) . The Product safety Team is also involved in the training course for new employees. Outlook In the coming years, the Group will continue to adapt its working methods and means to maintain its own standards and level of compliance concerning product safety. BIC will continue to expand its regulatory monitoring activities to remain ready to adapt its processes, products and formulas to ever more demanding regulatory expectations. BIC also plans to offer its teams training on the main principles of its product safety policy. This training will emphasize the importance of ensuring maximum safety for all BIC products and for all markets worldwide. This is particularly important given the challenges posed by e-commerce.

Excluding Flame for Life division. (1)

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• BIC GROUP - 2021 UNIVERSAL REGISTRATION DOCUMENT •