LISI GROUP - Integrated report 2022

ACTING RESPONSIBLY The LISI Group acts, as it has always done, in a responsible manner, whether from the standpoint of respect for human and fundamental rights, business ethics, the fight against corruption or compliance with tax laws. This conviction shared by all is the essential starting point for being profitable and sustainable. Challenges & Objectives #5 Go beyond our customers’ expectations • LISI strives to offer its customers competitive products and services that meet the highest standards: development of new products and driving force in eco-design. • Thanks to teams that are involved, motivated and in line with the Group’s CSR - 3P - approach, we have fully integrated the monitoring and evaluation of the carbon footprint of our products. • Other recognitions, such as IATF-16949 (LISI AUTOMOTIVE), EN 9100 (LISI AEROSPACE), ISO‑13 485 (LISI MEDICAL) quality certifications testify our desire to constantly seek to exceed our customers’ expectations. #6 Involve our suppliers • The Group’s performance is based on rigorous and effective standards such as the LISI SYSTEM, quality management systems, a pragmatic and effective digital transformation approach, continuously improved cybersecurity, and even responsible purchasing through consideration for the environmental and societal performance of our suppliers, guaranteeing a lasting and profitable relationship for all. • With this in mind, we want to engage our key suppliers to reducing their carbon footprint by implementing a CSR assessment plan. #7 Secure our financial resources All of the Group’s teams are striving to be agile in order to manage the short term in a satisfactory manner for all our stakeholders, while protecting and preparing for the long term. Our goals are clear: • Rigorous management of working capital and more particularly inventories. • Currency hedging for up to 3 years to secure contracts in dollars. • Differentiation of funding sources. • The roadmap provides maintaining a positive Free Cash Flow every year. Projects • Tisax certification for LISI AUTOMOTIVE, for information security management. • BVB contract performed for the financial and extra‑financial evaluation of suppliers. PROFIT 3 ACTION PRINCIPLES ACTING FOR GREATER IMPACT 39 LISI – 2022 INTEGRATED REPORT