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110

LISI 2015 FINANCIAL REPORT

CORPORATE SOCIAL RESPONSIBILITY

More specifically in France, the sites collaborate closely with

the CFAI, AFPI, UIMM and "Pôle Emploi" (Job Center) to

implement Operational Preparation for Employment processes,

and with the local ADEFIMs in order to optimize the financing

of the training actions.

3.3

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SUBCONTRACTORS AND SUPPLIERS

The LISI Group is part of a "win - win" sustainable partnership

with its suppliers and subcontractors to ensure mutual, long-

term success.

Aside from economic considerations (quality, competitiveness

and continuous improvement), the Suppliers Charter

established by the Group dictates the terms of partnership

in accordance with the principles of ISO 14001, which are

addressed during audits for selecting new suppliers.

The approval and implementation of the ten principles of the

United Nations' "Global Compact" program (Corporate Social

Responsibility principles that include Human Rights, Labor

Standards, Environment and the Fight against Bribery) are also

mentioned in the Suppliers Charter.

The Group's Purchasing Policy includes a section on ethics,

sustainable development and corporate responsibility, with

the application of the "Global Compact" principles and the

requirement for ISO 14001 and OHSAS 18001 certification, in

particular for our strategic suppliers and subcontractors.

3.4

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LOYAL PRACTICE

3.4.1 Actions taken to prevent bribery

The LISI Group has built its growth on compliance with laws

and best practices. Each division is responsible vis-à-vis the

Group's Senior Management for the proper performance of its

subsidiaries and employees. Relationships with third parties

are dictated by the Group's scoping procedures, which are

implemented by the divisions through the dissemination of

division-specific procedures. For example, LISI disseminates

and updates a Purchasing and Supplier Relations procedure,

which specifies for example the limits and authorization

thresholds for donations and gifts.

The Group's employees are trained on business Ethics through a

specific module. In addition, the Supplier Charter that complies

with the principles set out in the United Nations' Global

Compact program is widely distributed to all LISI stakeholders.

3.4.2 Action taken in favor of the health and safety of

consumers

Although certain parts produced by the LISI Group may have

an impact on the safety of the end consumer, LISI operates

quality control systems enabling it to meet the requirements of

its customers and therefore to guarantee that all measures are

taken to guarantee this safety for the end user.

3.5

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HUMAN RIGHTS

3.5.1 Action taken in favor of human rights

The LISI Group has joined the Global Compact. The first and

second principles of the Global Compact concerning human

rights, namely:

1. businesses should support and respect the protection of

international law on human rights within their sphere of

influence;

2. they should ensure that their own corporations are not

accomplices of human right violations.