INSIGHT ISSUE 02 | 2021

6 Enabling the Digital and Energy transition The role of Chief Operating Officer (COO) has been enhanced to oversee Group operational strategy and the performance and results of the Regions, in alignment with the Group’s three Business Divisions. This enables the Group to better leverage its broader geographical presence and enhanced customer proximity, while at the same time delivering business synergies. Massimo Battaini has been named COO by the board of directors. The new organization therefore does not call for the role of a General Manager. In addition, the heads of the business units guide all key decisions regarding product technology, production allocation and the most significant business projects. Francesco Fanciulli is confirmed as head of the Business Energy Division, the Telecom Division remains entrusted to Philippe Vanhille and the Projects Division to Hakan Ozmen. Pier Francesco Facchini has been reappointed as Chief Financial Officer. The Group Functions, reporting directly to the Chief Executive Officer, guide the governance and harmonization of the main corporate processes, guaranteeing operational support to all Group entities. With the aim of strengthening the focus on ESG objectives, Maria Cristina Bifulco, in addition to her current role as Head of Investor Relations, has been appointed Group Chief Sustainability Officer. Group COO Massimo Battaini will act as the main sponsor of the Group’s overall ESG commitment and strategy. Bifulco will also lead the Sustainability Steering Committee, which has operative responsibilities such as developing, designing and implementing ESG policies and targets; effectively managing resources; and monitoring sustainability activities. Shareholders also approved new appointments for the Diversity & Inclusion Steering Committee, led by Prysmian Turkey Human Resources Director Aysun Kalmik, acting as Leader, and Prasha Sarwate, Product Development Manager at Prysmian Group’s plant in Lincoln, Rhode Island, as Deputy Leader. It will monitor and discuss the progress to improve gender diversity within the Group. Srinivas Siripurapu is appointed Chief Innovation Officer, in addition to his current role as R&D Manager. The Business Divisions, which report directly to the CEO, are focused on the strategic development of their different segments, overseeing the profit and loss performance of the global Business Units in collaboration with the COO. Prysmian Group had a front row seat during the outbreak of the pandemic because of its operations in China. It quickly developed three guidelines to tackle the disruption of the pandemic: “People First,” technological innovation, and protection of the business. “People First” meant making the staff’s safety the top priority, and called for an increased investment in health and safety (+29% to €17 million). The Group strengthened its commitment to technological innovation by extensive use of remote working, by moving its training program (Prysmian Academy) online and in digitalizing its manufacturing processes (through its Fast Forward Project). Putting health and safety first allowed the Group to ensure its supply chain and business continuity. The operations at production sites never dropped below 80%, thus maintaining the ability to serve customers nearly unaltered (on time delivery exceeded 94%). THREE PARAMETERS TO TACKLE COVID-19 PRYSMIAN GROUP EDITORIAL STAFF