2017 Sustainability Overview | Prysmian Group

PRYSMIAN GROUP 2017 SUSTAINABILITY OVERVIEW TAKING ACTION The sustainability strategy adopted by Prysmian is marked by the importance recognised to the Group's numerous stakeholders. A TRUST-BASED RELATIONSHIP In pursuing its corporate objectives, among which stands out the capability of doing business in a sustainable and responsible fashion, it is fundamental for Prysmian to develop forms of constant dialogue and interaction with both the internal and external stakeholders, in order to understand the various needs, interests and expectations, from the social, economic, professional and human ones, of all the actors involved. Against a background that is dynamic, competitive and subject to major changes, being able to foresee changes and identify emerging trends enables the Group to generate constant and shared added value over the long term. Establishing and developing trust-based relationships, founded on the principles of transparency, openness and listening, enables Prysmian to understand the constantly changing expectations and requirements of those stakeholders that, directly or indirectly, influence the activities of the Group or that, in turn, are influenced by us. The approach used by the Group to communicate with stakeholders has evolved steadily over time, involving various initiatives intended to make best use of the multiple channels available. To define and implement its stakeholder engagement path, the Prysmian Group follows the guidelines of the AA1000SES International Standard, according to the latest updated version of 2015, developed by the Institute of Social and Ethical Accountability. In 2017, continuing from past years, Prysmian organised a multi- stakeholder event late in 2017 in the Netherlands, to which about 15 local representatives of 4 stakeholder categories participated: Customer and Business partners, Suppliers, NGOs, Public Administration. In the meeting in the Dutch town of Delft, where the Group has a factory, stakeholders were invited to actively participate in a discussion aimed at: • identifying the main impact (positive and / or negative) of the Group's activities along the entire Prysmian value chain; • assessing and prioritising sustainability issues through a structured materiality survey; • evaluating, through an interactive workshop, the perception of stakeholders with respect to Prysmian's initiatives and activities related to the Sustainability Development Goals; • stakeholders were also asked to identify further new actions that the Group could implement to contribute to sustainable development. A dynamic approach International standard Multi-Stakeholder Engagement initiatives have thus become an integral part of the Group's growth strategy, as well as an effective communications channel. These initiatives and events are organised in pursuit of some key objectives, among which to receive external cues that lead to product and process innovation, to improve the management of reputational risk, to inform, sensitise and engage stakeholders by developing a virtuous circle that generates positive impact, to contribute to the development of relations with stakeholders based on trust and transparency. Employees Customersand BussinessPartners Societyand Communities Shareholdersand FinacialInstitutions Suppliersand Sub-contractors Institutionand Government Universitisand ReseachCentres MAP OF PRYSMIAN GROUP STAKEHOLDERS