BIC announces their earnings report

BOILERPLATE

A world leader in stationery, lighters and shavers, BIC brings simplicity and joy to everyday life.
For more than 75 years, the Company has honored the tradition of providing high-quality,
affordable, essential products to consumers everywhere. Through this unwavering dedication,
BIC has become one of the most recognized brands and is a trademark registered worldwide.
Today, BIC products are sold in more than 160 countries around the world and feature iconic
brands such as BIC ® Kids, BIC FlexTM, BodyMarkTM by BIC ®, Cello®, Djeep ®, Lucky ®
Stationery, Rocketbook ®, Soleil®, Tipp-Ex®, Us.TM, Wite-Out®, Inkbox TM and more. In 2021,
BIC Net Sales were 1,831.9 million euros. The Company is listed on “Euronext Paris,” is part of
the SBF120 and CAC Mid 60 indexes and is recognized for its commitment to sustainable
development and education. It received an A- Leadership score from CDP. For more, visit
about.bic.com or follow us on LinkedIn, Instagram, Twitter, or YouTube.

COMPANY VISION:
At BIC, we bring simplicity and joy to everyday life.

COMPANY MISSION:
We create high-quality, safe, affordable, essential products, trusted by everyone.

COMPANY VALUES:
●Integrity: We are honest, open and fair, and demand an environment where everyone
feels respected, included and heard.
●Ingenuity: We dream big and create clever, simple, yet bold solutions for our
consumers, customers, and teams.
●Responsibility: We make courageous, timely decisions and deliver ambitious results
that delight consumers across the world.
●Sustainability: We drive sustainable growth while making meaningful contributions to
our team members, communities, and the world.
●Simplicity: We believe that simple solutions are often the best solutions when faced
with complexity, we respond with clarity.
●Teamwork: We set high standards, trust each other, and work together across
boundaries, holding ourselves and each other accountable.

BIC IN NUMBERS:
●Employees: 11,000+ worldwide

●Factories: 26 plants on five continents
○Stationery plants: 15
○Lighters plants: 6

○Shavers plants: 6

●Net sales by geography:
○Global: 1,395.1M€ (as of 9M 2021)
○North America: 43%
○Latin America: 14%
○Europe: 32%
○Middle East/Africa: 6%
○Asia & Oceania (including India): 5%

●Earnings per share: 6.4€ (as of 9M 2021)
●Website here.
●Investor information here.
● Annual report here.

BIC SOUTH AFRICA – PRESENCE
The BIC head office for the Southern region is located in Johannesburg in South Africa. Both
commercial and manufacturing teams are based in Johannesburg with XX employees. BIC
South Africa is considered a hub for the Africa region due to its historic presence and
phenomenal impact on the overall business and the local communities. BIC stationery lines are
manufactured in South Africa (for local use and exports).

BIC HORIZON PLAN:
In November 2020, BIC unveiled Horizon, a multi-year strategic plan designed to drive
sustainable growth and maintain robust cash flow by reframing its historical core categories
through a consumer lens. With Horizon, Human Expression goes beyond Stationery into
Creative Expression and Digital Writing, Flame for Life expands the Lighter category to all
lighting occasions and moves to a value driven business model, and Blade Excellence
reinforces the Shaver category through consumer-driven and sustainable products while
leveraging our capabilities to transform into a high-precision blade manufacturer for other
Brands.

WRITING THE FUTURE, TOGETHER
At BIC, we believe in providing everyday essentials that are part of every heart and home. And
we believe in doing so responsibly – with the planet, society and future generations in mind.
Our approach to sustainability is deeply rooted in our values and is an integral part of our day-
to day operations. We believe we positively impact the world by driving innovation and
offering sustainable solutions through smart design and the creation of products that last.
In 2018 we launched the “Writing the Future, Together” sustainable development program
because we believe that achieving our five commitments – improving our environmental and
societal product footprint, acting against climate change, providing our employees with a safe
workplace, making our supply chain more responsible and reinforcing our commitment to
education – are key in shaping our business tomorrow so that we can write a sustainable future
for all.

The 2025 commitments to sustainable development include:
1.Fostering sustainable innovation in BIC products: By 2025, the environmental and/or
societal footprint of BIC® products will be improved. In 2019, 90% of the BIC product
portfolio was evaluated. Nine products improved in 2020.

2.Acting against climate change: By 2025, BIC will use 80% renewable electricity. In
2020, BIC reached 80% renewable electricity across the Group, compared to 76% in
2019.

3.Committing to a safe work environment: By 2025, BIC aims for zero accidents across
all operations. The number of accidents decreased by 32% in 2020.

4.Proactively involving supplier: By 2025, BIC will work responsibly with its strategic
suppliers to ensure the most secure, innovative, and efficient sourcing. At the end of
2020, 25.8% of BIC’s strategic suppliers have integrated the responsible purchasing
program.

5.Improving lives through education by 2025: BIC will improve learning conditions for
250 million children globally. The learning conditions for more than 188 million
children have improved since 2018 through direct actions with children or actions with
teachers.

LEADERSHIP AND GOVERNANCE

BIC SOUTH AFRICA : EXECUTIVE TEAM
●Marc D’Oliviera – General Manager, Southern and Eastern Africa (SEA)
●Mark Dias – Finance Director, Southern and East Africa (SEA)
●Kim Hopping-Mills – Sales Director, South Africa (SA)
●Ettiene Jacobs – Plant Director (SA)
●Lilian Henderson – Marketing Director Southern and East Africa (SEA)

BIOGRAPHIES

Marc D’Oliveira
General Manager, Southern and East Africa (SEA)

Marc currently oversees the BIC operations in Southern and East
Africa (SEA). He is responsible for the success of the overall
commercial and manufacturing operations across the region.

Marc has been with BIC for over 14 years where he previously served as the Director of
Finance for the Middle East and Africa region, where he led all finance operations across the
region. In his previous roles, Marc led the transition of five distributors from BIC’s
headquarters in Clichy, France to South Africa. He also contributed to the growth of the
business. Under his leadership, BIC expanded in Africa through the acquisition and the
subsidiary establishment in Kenya and Nigeria.

Prior to joining BIC, Marc held finance positions including at Gidani and Sentech where he was
involved in business forecasting, reporting, as well as leadership and business decision making.

Marc has a Honors degree in Accounting Science from the University of South Africa. He is a
qualified Chartered Accountant (CA (SA)).

Lilian Henderson
Marketing Director, Southern and East Africa (SEA)

Lilian currently oversees marketing activity and operations across
SEA. She is responsible for the strategic marketing direction in line
with the overall business objectives, as well as the seamless execution
of all marketing activity.
Lilian has over 30 years of experience in marketing and in the Fast
Moving Consumer Goods (FMCG) industry. She leads teams across
the business, drives collaboration, and helps teams realize their full
potential to achieve impactful results.
Prior to joining BIC, Lilian worked at key FMCG companies, including Mars, where she held
positions including Sales Manager, Marketing Manager, and Marketing Director.
Lilian has a Bachelor of XX in XX.

Kutlwano Tshetlhane
Marketing Manager, Blade Excellence and Flame for Life, BIC
Southern Africa

Kutlwano is currently the Marketing Manager for the Blade
Excellence and Flame for Life categories at BIC in the Southern
Africa region.
Through her work with BIC, Kutlwano has managed projects that
aimed to identify challenges amongst consumers in South Africa and
proposed solutions through innovative concepts.
Prior to joining BIC, Kutlwano held marketing and brand positions at key international FMCG
brands including Nestle, Loreal, and Adcock Ingram.
Kutlwano has a Bachelor of Commerce degree in Marketing from the Rand Afrikaans
University (RAU), and a Management Advancement Programs certificate from Wits Business
School.

Simone Dolley
Digital and E-Commerce Manager, BIC Southern Africa

Simone is currently the digital and e-commerce manager at BIC
Southern Africa. She oversees all digital activity in the region and works
closely with experts across the BIC network to elevate and enhance
BIC’s e-commerce offering and platforms.

Simone has extensive experience in the digital space. Prior to joining
BIC, she held digital manager roles in companies and agencies including
Good News Lab; Dave’s World Design and Advertising; Tavcor Motor Group; and FGX Studios.

Simone has a Bachelor of Arts degree in Media, Communication and Culture and an Honors
Degree in Corporate Communications from the Nelson Mandela University.

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