FFP_REGISTRATION_DOCUMENT_2017

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GROUP PRESENTATION

Employee-related, environmental and social information

Workforce-related: new global company agreement The group entered into a number of collective agreements in 2017, with the aim of preparing for the future: O at the global level, on 7 March 2017 the PSA Group, the IndustriALL Global Union and the IndustriAll European Trade Union signed a new global framework agreement regarding the group’s social responsibility. The agreement reflects the PSA Group’s desire to work with staff representatives around the world when preparing for the future, and to involve all employees in its global human resources policy. The aim is to create a common base regarding respect for fundamental human rights and workforce-related practices that are based on the expression of personal and collective talent; O in France, the group celebrated the first anniversary of its New Momentum for Growth plan with staff representative bodies; O in Germany, it signed the Social Framework Agreement for a Sustainable Future. Opel’s “PACE!” turnaround plan was presented 100 days after the company was acquired from General Motors. A month later, a company agreement for Germany, allowing the PACE! plan to be implemented, was signed by Opel representatives, the General Works Council, the Works Council Bochum and the IG Metall union. The agreement includes measures that protect the company in the best interests of its employees.

2017 HIGHLIGHTS

Environment: fighting climate change The PSA Group is committed to reducing its emissions by 55% between 2012 and 2035. On its brands’ websites, the group provides customers with a tool to calculate their real fuel consumption. That tool is the result of 18 months of testing on 60 vehicles, some 430 on-road trials and more than 40,000 km of driving, carried out in collaboration with the France Nature Environnement (FNE) and Transport & Environnement (T&E) NGOs, under the supervision of Bureau Veritas. This method of measuring fuel consumption in real-world conditions was rewarded with the ECOBEST prize in 2017. In 2017, to support its aim of offering electric or hybrid versions of 80% of its models by 2023, the PSA Group set up a department focusing on electric vehicles and on 4 December 2017 announced an electric engine joint venture with Nidec Leroy-Somer. Under this agreement, work to design and produce the main components of the electric powertrain will take place in France. Environment: air quality In 2017, the PSA Group, again in collaboration with the Transport & Environnement (T&E) and France Nature Environnement (FNE) NGOs and Bureau Veritas, developed a protocol for measuring vehicles’ NOx and particle number (PN) emissions that reflects customers’ real usage of low-mileage vehicles. The first results – which, like the real fuel consumption figures, are being audited by Bureau Veritas – will be presented in the 2018 Geneva Motor Show.

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FFP

2017 REGISTRATION DOCUMENT