SASB Report 2020

EY S.p.A. Sede Legale: Via Lombardia, 31 - 00187 Roma Capit ale Sociale Euro 2.525.000,00 i.v. Iscrit t a alla S.O. del Regist ro delle Imprese presso la C.C.I.A.A. di Roma Codice f iscale e numero di iscrizione 00434000584 - numero R.E.A. 250904 P.IVA 00891231003 Iscrit t a al Regist ro Revisori Legali al n. 70945 Pubblicat o sulla G.U. Suppl. 13 - IV Serie Speciale del 17/ 2/ 1998 Iscrit t a all’Albo Speciale delle società di revisione Consob al progressivo n. 2 delibera n.10831 del 16/ 7/ 1997 A member f irm of Ernst & Young Global Limit ed EY S.p.A. Via Meravigli, 12 20123 Milano Tel: +39 02 722121 Fax: +39 02 722122037 ey.com Independent auditors’ repor t on t he “ SASB Repor t 2020” To the Board of Directors of Prysmian S.p.A. We have been appointed to perform a limited assurance engagement on the “ SASB Report 2020” of Prysmian Group (hereinaf ter also ” t he Group” ) for the year ended on 31 st December 2020 (hereinafter "SASB Report " ). Responsibil it ies of Directors for t he SASB Repor t The Directors of Prysmian S.p.A. are responsible for the preparat ion of the SASB Report in accordance with the “ Engineering & Const ruct ion Services Sustainability Account ing Standards 2018” and with the “ Elect r ical & Elect ronic Equipment Sustainability Account ing Standards 2018” defined by SASB - Sustainabilit y Account ing Standards Board (hereinafter “ SASB Standards” ), as described in the paragraph “Methodological Note” of the SASB Report . The Directors are also responsible for that part of internal cont rol that they consider necessary in order to allow the preparat ion of a SASB Report that is f ree f rom mater ial misstatements caused by f raud or not intent ional behaviors or events. Audit ors’ independence and qual it y cont rol We are independent in accordance wit h the ethics and independence principles of the Code of Et hics for Professional Accountants issued by the Internat ional Ethics Standards Board for Accountants, based on fundamental pr inciples of integr ity, object ivity, professional competence and diligence, conf ident iality and professional behavior. Our audit f irm applies the Internat ional Standard on Qualit y Cont rol 1 (ISQC Italia 1) and, as a result , maintains a quality cont rol system that includes documented policies and procedures regarding compliance with et hical requirements, professional standards and applicable laws and regulat ions. Audit ors’ responsibi lit y It is our responsibilit y to express, on the basis of the procedures performed, a conclusion about the compliance of the SASB Report with the requirements of the SASB Standards. Our work has been performed in accordance with the pr inciple " Internat ional Standard on Assurance Engagements ISAE 3000 (Revised) - Assurance Engagements Other than Audits or Reviews of Hist orical Financial Informat ion" (hereinaf ter " ISAE 3000 Revised"), issued by the Internat ional Audit ing and Assurance Standards Board (IAASB) for limited assurance engagements. This principle requires the planning and execut ion of work in order to obtain a limited assurance that the SASB Report is f ree f rom mater ial misstatements. Therefore, the extent of work performed in our examinat ion was lower than that required for a full examinat ion according to the ISAE 3000 Revised (" reasonable assurance engagement ") and, hence, it does not provide assurance that we have become aware of all signif icant mat ters and events that would be ident ified dur ing a reasonable assurance engagement . The procedures performed on the SASBReport were based on our professional judgment and included inquir ies, pr imar ily with company’s personnel responsible for the preparat ion of the informat ion 26 _ 27 Prysmian Group