LISI GROUP - Integrated report 2020

LISI MEDICAL Demographics Supporting the aging of the population The aging of the population of developed countries generates additional health needs and today weighs on medical expenditure in these countries. Reducing the health bill is a global issue. • Early diagnosis and interventions, in particular for age-related orthopedic surgery (hip, knee, etc.), reduce costs and are among the promising avenues. • New techniques of minimally invasive surgery with robotic assistance limit postoperative risks and reduce the cost of operations. LISI’S RESPONSES • The Group got involved very early on in the markets driven by these challenges of reducing healthcare costs, such as the design andmanufacture of orthopedic prostheses, minimally invasive surgical instruments or medical robotics (blades, staplers, pliers, etc.). In the orthopedics andminimally invasive surgery markets, LISI MEDICAL is the global preferred supplier. Read pages 72-75 (LISI MEDICAL performance results) LISI AEROSPACE Market Anticipating post-crisis restructuring The aerospace market will go through a phase of significant concentration and rationalization across the entire supply chain. • Future productions should focus on single aisle aircraft, which implies more volume concentrated on fewer references, while maintaining diversification. • The aftermarket (MRO) is expected to experience strong growth: airplanes in flight, which must be maintained, will remain very numerous in the coming years. LISI’S RESPONSES • Preserve the agility and rebound capacity of the division, by encouraging very strongly the versatility of the teams. • Focus on high added value markets and on growing markets by relying on the Group’s expertise. • Aim for a world Top 3 position in each of the markets where the division is present. • Take advantage of LISI AEROSPACE’s global presence, which is a real advantage over local players, depending on regional customers. Read pages 64-67 (LISI AEROSPACE performance results) 2 _ ECOSYSTEM & CHALLENGES LISI, aplayer inachangingworld