Vallourec : Presentation of the General Shareholders' Meeting of 23 May 2024

GENERAL MEETING

May 23, 2024

INTRODUCTION

Philippe Guillemot

Chairman of the Board of Directors & Chief Executive Officer

OUR VALUE CREATION MODEL

A trustworthy	For cutting edge steel	That makes energy
partner	solutions	transformation a reality

We believe our legacy, since the 19th century, is the best asset to make the impossible possible, all the way to hydrogen storage and beyond

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HEALTH & SAFETY, AN ABSOLUTE PRIORITY SIGNIFICANT PROGRESS IN 2023

2.96

-20.4%*	2.35
	2
	4 LIFE
	CHANGING
	EVENTS
	IN 2023

TRIR**

<0.2

LCE***

0

2022

2023

2024

2025

2026

2027

2038

2029

2030

*Percentage reduction in accidents with and without lost time between 2022 and 2023 after reclassification of accidents in Brazil **Total Recordable Incident Rate

*** Life Changing Event .

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Our ambition

Become best

in class

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CAP 2030

Health & Safety Roadmap 2030

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OBJECTIVE OF

Zero

Life Changing

Events

& TRIR <0.2

TRIR : Total Recordable Injury Rate

Zero

Occupational

Disease

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3	CAP	OF	ZERO
OBJECTIVE
events
2030		life changing	ZERO
	& TRIR <0.2	occupational
pillars		TRIR:	disease
		Total Recordable Injury Rate
of the roadmap

2

HEALTH & SAFETY

MANAGEMENT

SYSTEM

Risk reduction

Plan

ActDo

Check

1

LEADERSHIP

Visible managerial

commitment

3

HEALTH & SAFETY

CULTURE

Autonomous

interdependent

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HEALTH & SAFETY

CAMPAIGN

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FOCUS ON QUALITY

10

4.3

3.25

2022	2023	Target 2024
*Number of external claims per month		May 23, 2024 9
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STRONG ESG GOVERNANCE TO DRIVE

THE GROUP'S EXTRA-FINANCIAL PERFORMANCE

					ESG
					Board Committees
			CSR
				CSR Executive Committee
	Climate		Environment		Safety		People
	Committee		Committee		Global & Eastern		HR organization
	• GHG reduction		• Water, Waste, Air, Noise,		Hemisphere		• Labor/Employee
	(industrial		Soil, Land, Use		organization		development
	decarbonization)		• Chemicals		• Safety		• Employee well-being
	• Energy
		(Environment & Health)				• Diversity & inclusion
	• Biodiversity
						women@vallourec
	• Circular Economy						• Societal investments

Audit

Compliance

Committee

• Ethics
• Anti-corruption
• Competition
• Duty of care

Nomination

• Governance Remuneration

Corporate

governance

• Structure
• Compensation & benefits

Foundation

Board of Directors Committees Environment Social/Societal Governance

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