LISI GROUP - Integrated report 2020

A new integrated activity report Inspired by the guidelines of the reference framework published by the International Integrated Reporting Council (IIRC), this first integrated annual report introduces LISI’s ecosystem as well as its business and value creationmodel. This document reports on the Group’s activity and results for the 2020 financial year in order to strengthen dialogue with all of its stakeholders, in a voluntary process of transparency and ongoing improvement. The contents were selected in particular according to their relevance to the value created by the Group. They were nurtured by discussions with the Group’s General Management, Industrial and Financial Departments, as well as the departments in charge of HR, HSE and CSR development. It also includes the contributions of the General Management, Marketing and Innovation Departments of the three divisions, namely LISI AEROSPACE, LISI AUTOMOTIVE, and LISI MEDICAL. Unless specified otherwise, the information presented in this report relates to the 2020 financial year ended December 31, 2020. 1 _ GROUP PROFILE  1 Key Figures  2 Management’s Message  4 Shared Values  6 A Balanced Profile  8 A Balanced Business Model 10 A Diversified Offer 15 A Global Player 18 A Past that Nurtures for the Future 2 _ ECOSYSTEM & CHALLENGES 22 Dedicated Partners 24 A Changing Environment 3 _ STRATEGIC VISION 30 The NEW DEAL Plan 32 Levers for Action 4 _ IMPLEMENTATION 56 The Board of Directors 58 The Committees 59 The Management Board 60 The Remuneration Policy 61 The Main Risks 5 _ 2020 PERFORMANCE RESULTS 63 Consolidated Performance Results 64 LISI AEROSPACE 68 LISI AUTOMOTIVE 72 LISI MEDICAL 6 _ DISTRIBUTION OF VALUE 77 Distributed Value Creation 78 Stock Market Data 80 Financial Data CONTENTS