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Prysmian Group – 2015 Sustainability Report

Prysmian’s People

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The global mobility policy and processes were reviewed and became operational on 1 January 2016.

The purpose of this review is to align Prysmian's policy with the most advanced market practices, in

order to facilitate expatriation even outside of the Group's headquarters, align the conditions and

segment the various types of assignment.

At the end of 2015 a new section of the Academy was created, for Manufacturing professionals. This

involved the setting up of a practical training programme at the Mudanya plant in Turkey.

With regard to transparency on pay issues, the Group has implemented a job weighting system, which

is designed to enable a quick analysis of fairness and alignment with market pay practices. It has also

issued guidelines in accordance with local laws, to link pay measures to all levels of the organisation,

while variable pay schemes will be linked to individual performance appraisal.

COMMITMENTS FOR THE FUTURE

In 2016 the Prysmian Group expects to launch a further series of initiatives for its employees and external

stakeholders.

The global recruitment programme “Make it”, which was launched at the end of 2015 and whose aim

is to introduce key figures to the Production, Logistics, Quality and R&D divisions, will bring in 40-50

staff with experience, and will be repeated in the future.

The results of the Group survey will be published and action will be taken to respond to any issues

that arise.

The "Build the future" recruitment programme for new graduates will be held for the fifth time, with the

aim of making recruitment a key element of the Group's workforce and skills planning strategy.

The P3 performance management process will be further improved, by giving staff the opportunity to

state their objectives to their superiors in order to boost engagement and participation. In the near

future, this system will also allow the exchange of peer-to-peer feedback.

The Senior Leadership Program, which is addressed to senior managers with the aim of creating a

common corporate language to deal with managerial challenges, will be completed within the

Leadership Academy.

TOTAL GROUP EMPLOYMENT AS OF 31 DECEMBER 2015

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The Prysmian Group employs 19,316 people, comprising 4,899 white-collar staff including executives and

14,417 blue-collar workers.

There were 119 fewer employees compared to the previous year. This net reduction includes departures as

a result of industrial restructuring and reorganisation in Europe and also the efficiency-enhancing

programmes in South America. There are also increases resulting from new investments in certain countries.

In addition, the “Graduate Program” saw its fourth intake (41 new graduates) during 2015.

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Data expressed in FTE (Full Time Equivalents), including the employees and temporary staff of companies that are Group

subsidiaries or subject to management and control.