BIC : Factsheet as of 9M2020 (in english)

WHO IS BIC

2019 FINANCIAL PERFORMANCE

BIC is a world leader in stationery, lighters and shavers. For 75 years, BIC has honored the tradition of providing high-quality,

40%

Net Sales

Earnings per share

affordable products to consumers everywhere. Through this unwavering dedication, BIC has become one of the most

1,949.4 M€

(Group share)

recognized brands and is a trademark registered worldwide for identifying BIC products which are sold in more than 160

countries around the world.

Of Net Sales

10% of Net Sales

€3.91

through new

Free cash flow (3)

12,777 Employees

25 Factories on 4 continents

35%

products(1)

198.0 M€

Normalized(2) Income

Of Net Sales

Net cash position

from Operations

146.9 M€

The Company is listed on "Euronext Paris" and is part of the SBF120 and CAC Mid 60 indexes. BIC is also part of the following Socially Responsible Investment

331.8 M€

indexes: CDP A list and CDP "Supplier Engagement rating Leader board," Euronext Vigeo - Eurozone 120, FTSE4Good indexes, Ethibel Pioneer and Ethibel

24%

NIFO margin

Ordinary Dividend (4)

Excellence Investment Registers, Ethibel Sustainability Index (ESI) Excellence Europe, Stoxx Global ESG Leaders Index.

"

WE OFFER SIMPLE,

Of Net Sales

17.0%

€3.45 per share

BOARD OF DIRECTORS

INVENTIVE AND

RELIABLE CHOICES

50% of independent

(1) A product is considered as new during the year of its launch and the three following years.

94% rate of

7 Meetings in 2019

50% women*

FOR EVERYONE,

(2) Normalized: excluding exceptional items.

members*

attendance in 2019

EVERYWHERE,

"

(3) Before acquisitions and disposals.

(4) 2018 Dividend paid in June 2020.

EVERY TIME

* In accordance with the APEP-MEDEF code, Directors who represent employees were not considered when assessing the ratio of independents and women.

EXECUTIVE COMMITTEE

Pierre Vareille (i)

Gonzalve Bich

Elizabeth Bastoni

Vincent Bedhome

Share capital breakdown

(i)

December 2019

Gonzalve Bich

Chad Spooner

Thomas Brette

Director & Chief

Director

Chairman

Executive Officer

Director

representing BIC

1%

BICH Family

Group Insights & Innovation

employees

Chief Executive Officer

Chief Financial Officer

(61% of

Officer

Timothée Bich

Marie-Pauline

John Glen (i)

Maëlys Castella (i)

Chandon-Moët

45%

voting rights)

François Clément-

Mallory Martino

Peter Dalsberg

Free Float

Director

Director

Director

Director

Grandcourt

Group Lighters General

Chief Human Resources

Group Supply Chain Officer

Manager

Officer

Candace

Marie-Aimée

Jake Schwartz (i)

Edouard Bich

Treasury

Matthews (i)

Bich-Dufour

54%

Chester Twigg

Charles Morgan

Shares

Sara LaPorta

Director

Director

Director

Director

Representative of

Chief Strategy &

MBD

Business Development

Group Commercial Officer

Chief Administrative Officer

(i)=Independent

Officer

1

WORDWIDE MANUFACTURING FOOTPRINT

2019: % of Net Sales by Geography

29%

EUROPE

39%

NORTH

AMERICA

32%

DEVELOPING

MARKETS

Stationery** (16 plants)	Lighters (5 plants)	Shavers (4 plants)
**Including BIC Graphic , Updated on 30 July 2020

2025 COMMITMENTS TO SUSTAINABLE DEVELOPMENT

#1 By 2025, the environmental and/or societal footprint of BIC® products will be improved. In 2019, 90% of the BIC product portfolio was

evaluated. 6% of the plastic used in Stationery product manufacturing were recycled plastics.

#2 By 2025, BIC will use 80% renewable electricity. In 2019, BIC reached

76% renewable electricity across the Group, compared to 68% in 2018.

#3 By 2025, BIC aims for zero accidents across all operations. The number

of accidents decreased by 12% in 2019 and more than 46,000 hours of training on health and safety delivered.

#4 By 2025, BIC will work responsibly with its strategic suppliers to ensure the most secure, innovative and efficient sourcing. In 2019, 292

strategic suppliers and 95 risks were identified, and 43% of contract manufacturers audited.

#5 By 2025, BIC will improve learning conditions for 250 million children

globally. The learning conditions for more than 61 million children were improved since 2018 through direct actions with children or actions with teachers.

Net Sales Evolution (in M€)

1,993.4

1,949.4

2015

2016

2017

2018

2019

NIFO Margin Evolution (in %)

20.1%

17.0%

2015 2016 2017 2018 2019

2019 Value Sharing

		-2.0			Communities
	-	113.6			CAPEX
		-77.2			Governments
				0.9	Banks
	-	155.2			shareholders
-989.7					Suppliers
	-498.9				Employees

Key Non-Financial Indicators	2018	2019
ENERGY CONSUMPTION	12.14	12.59
(Gigajoules/tons)
WATER CONSUMPTION (M3/tons)	5.32	4.87
GREENHOUSE GAS EMISSIONS	1.014	1.07
(CO2/tons)

2019 FINANCIAL PERFORMANCE

	Results (in million €)	2016		2017	2018		2019	2020
	Net Sales	1,993.4	2,025.8	2,041.4	1,949.8	1,949.4
	Income from Operations	424.4		403.4		374.9		258.8	257.2
	(IFO)
	IFO margin	21.3%	19.9%	18.4%	13.3%	13.0%
	NIFO1	419.4		409.1		399.6		352.4	331.8
	NIFO1 margin	21.0%	20.2%	19.6%	18.1%	17.0%
	Net income Group Share	325.1		249.7		287.3		173.4	176.1
	Capital expenditures	121		181		186			125	114
	Free cash flow2	203.6		119.8		262.2		180.0	198.0
	Net cash position	448.0		222.2		204.9		161.5	146.9
	Earning per share Group	6.89		5.32		6.18			3.80	3.91
	Share
	Dividend per share	5.90 3		3.45		3.45			3.45	2.45
	Payout ratio	49%		65%		56%			91%	63%
	1/ Normalized IFO: excluding non-recurring items
	2/ After acquisitions and disposals
	3/ Of which exceptional dividend: 2.50 EUR
9M 2020 KEY FINANCIAL INDICATORS
(in million €)		9M 2019 9M 2020 Change as	Change (2)
									reported
Net Sales		1,448.2 1,217.8		-15.9	-13.2%
NIFO(1)		241.1	176.2
NIFO(1) margin		16.7%	14.5%
Net income Group Share	152.6	90.1
EPS Group Share (in Euros)			3.39	2.00
											2