INSIGHT ISSUE 03 | 2021

7 The two Committees work hand in hand, and also work with local and business ambassadors. Sustainability is a core responsibility of the board and plays a key role in the board agenda, explained Maria Letizia Mariani, Lead Independent Board Director and Chair of the Sustainability Committee. “I see two different phases when I look at the board,” said Mariani. “A first phase is to provide help and support, and to create focus so that sustainability is seen as a strategic element. When this is done -- and this is clearly the case of Prysmian -- the role of the board is to continue to challenge and raise the bar to create value.” Prysmian’s progress was recognized only days before the November 23 event, when it was rankedfirst with87 points in the ELQ Electrical Components & Equipment sector on the Dow Jones Sustainability World index, according to the 2021 annual review conducted by S&P Global CSA. Prysmian is the only pure cable maker included in the most recognized sustainability index at global level. “The progress is really impressive,” she said. Prysmian Group’s decision to bring its net zero emission target forward to 2035 means that every region must do its part to ensure they implement Prysmian’s ESG strategy worldwide. Yet the gap between developed and developing countries about the timetable to achieve climate change goals is starker than ever after COP26. Sustainability Day 2021 was therefore an important moment to hear from executives in North America, Latin America and Turkey about the perceptions of ESG issues in their region. Battaini said that feedback from customers about these significant investments has been strongly positive, because “they know we can help them achieve their goals to reduce their emissions.” Sustainability is not an abstract concept at Prysmian Group. As Maria Cristina Bifulco said, “it is part of what we are.” People working at Prysmian and in the communities where the group does business are a central part of this effort, said Chief HR Officer Fabrizio Rutschmann. The Group’s Social Ambition 2030 goals aim tomake it a more inclusive workplace, accelerate training and increase gender equality. They are “a mission statement about how we want to see our company in 2030,” he said. Rutschmann illustrated the group’s targets in each of the plan’s five areas: Inclusion & Diversity, Local Empowerment, Digital, Engagement & Upskilling, and Health and Safety. These 16 targets build on those of 2022 and extend them to 2030, while also adding new goals such as measuring local impact and reaching zero workplace injuries. For example, among the new targets is the goal that 50% of desk workers, 25% of its global workforce and 30% of its management be female in 2030. “We set very detailed targets and indicators to measure our ability to put specific plans into action, and to measure the progress,” said Rutschmann. To make sure that Prysmian Group translates these ambitions into actions and behaviors, the company has put governance structures in place at board level and across the Group to cascade these goals around the world. In addition to a board-level Sustainability Committee, the Sustainability Steering Committee and the Diversity, Equality and Inclusion Steering Committee include executives from the main corporate functions as well as the regional CEOs. \ Inclusion & Diversity \ Local Empowerment \ Digital \ Engagement & Upskilling \ Health and Safety 16 TARGETS | 5 AREAS INSIGHT | Focus On

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