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39

Relations with local communities represent

the starting point for the creation of value

around Prysmian.

Once again in 2015, the Group pursued its

commitment through specific initiatives. In

addition to direct economic contributions

and donations in kind as allowed by the

"Corporate Citizenship and Philanthropy

Policy", Prysmian indirectly helps to

support social projects via the hours paid to

employees involved in charitable activities.

With a viewto defining common, shared rules

within the Group for identifying corporate

citizenship and philanthropy initiatives,

since 2014 Prysmian has updated its policy

regarding activities that benefit local

communities.

The Group believes that, in the twenty-

first century, access to energy and

telecommunications is a fundamental

prerequisite for the economic and social

development of local communities. This is

why corporate citizenship and philanthropy

activities promoted by the Group must be

primarily directed at supporting initiatives

that facilitate access to energy and

telecommunications by local communities,

especially those in developing countries.

The Prysmian Group is aware

of the importance of the people

and local areas in which it operates

and undertakes to pursue socially

responsible business by supporting

the economic, social and cultural

development of such areas.

IN THE HEART OF COMMUNITIES

Energy and telecommunications for growth

thanks to work in Italy, Britain, Finland,

Sweden, Germany, Spain, Romania, Estonia,

Hungary, North America, Argentina and China.

Prysmian worked with UNHCR (United Nations High Commission for Refugees)

to provide rapid assistance to the victims of the earthquake that hit Nepal

on 25 April 2015. The Group invited its some 20,000 employees to make a

donation, even of a symbolic nature, which it then matched for the same amount.

These donations allowed the purchase of 19,000 plastic tarpaulins to provide

immediate shelter to the earthquake survivors and 8,000 solar-powered lamps,

needed because the earthquake had not only destroyed homes, offices and public

buildings, it had also disrupted the electricity supply in the worst hit areas.