Insights from

the CSR Management

Commit tee

“As every sector of our

activities continues to

experience profound and

global change, CSR is

emerging as a key lever for

value creation.

”

As every sector of our business continues to

experience profound and global change, CSR is

emerging as a key lever for value creation.

For our Group, CSR is much more than a series of

isolated initiatives, and is becoming progressively

integrated into every aspect of business strategy

and embraced fully by our strategic decision-making

bodies.

As a result, non-f inancial performance oversight

now plays a full role in the way we analyse overall

company performance and is informing our vision of

what Return on Investment really means. This holistic

approach is what enables us not only to deliver on the

socio-environmental expectations of our stakeholders,

but also to strengthen the positions we hold in our

markets as new outlets for our products emerge.

Mira Mihaylova

Chair of the

Supervisory Board

Hélène Cappe

Managing Director

and family

shareholder

As part of responding effectively to the concerns

expressed by current and future generations, CSR

must be central to our long-term vision. Not only is it

a lever for ensuring the long-term future of our Group,

but it is also a channel through which to pass on our

core values. Our CSR strategy includes a commitment

to actively supporting the 10,300 people who are the

most valuable assets of our Group; their professional

development and personal fulf ilment are essential

for maintaining the cohesion and performance of our

collective enterprise. So it is by working together,

supporting each other and acting responsibly that we

continue to build a sustainable future faithful to the

sense of family that has always been our guide.

Sophie Bigaignon

Managing Director

Having made carbon challenges and product

sustainability our CSR priorities for the past two

years, we are delighted to be shifting our focus to our

talent management policy in 2025. This formalisation

of our policy was the essential basis for redef ining

the ambition we want to set for the mechanisms

we use for employee retention and skills transfer.

This increased focus on people also extends to our

local communities through an expanded policy of

partnership and resources allocated to identif ied

needs as part of ensuring that our response is relevant

to the expectations of our ecosystem.

Non-Financial Performance Statement 2024 4