Prysmian Group Overview

– 16 – STREAMLINED, SUSTAINABLE SOURCING Prysmian Group adopts a system for managing its supply chain based on quality standards and sustainability criteria in the selection of its suppliers that take account of a series of factors to create value over the long term throughout the distribution flow. With a global presence in over 50 countries and a high level of diversification of its product applications, Prysmian Group manages a complex supply chain that requires constant interaction with a large number of suppliers of various sizes and cultural background. Suppliers are qualified through a process of technical, economic and financial analysis. The Group also performs an integrated analysis , at a central level, of all types of risks and opportunities relating to the supply chain, adopting a strategy that applies to the entire process, in order to monitor the sustainability of its supply chain and reduce the possible negative impacts. During this process, audits are regularly performed on suppliers, following which they and the Group formulate any plans of action to be implemented. In this way, the Group thus constantly enhances relations with strategic suppliers, with a view to creating a common organisational process oriented towards sustainability that takes account of the goals included in the Group’s Sustainability Scorecard. In order to ensure compliance to ethical, economic, environmental and social principles throughout its value chain, Prysmian Group has adopted a Code of Business Conduct that is applied to all employees and commercial relations. The Code covers issues relating to integrity in its business, human and workers’ rights and the environment. In any event, suppliers are asked to sign the Group’s Code of Ethics when they are awarded a contract. Prysmian Group