LISI GROUP - Integrated report 2022

 WITH THE NEW DEAL PLAN T he New Deal plan, implemented in 2020 to deal with the health crisis, enabled the Group to get through this complex period by preserving cash flow and refocusing on activities with higher added value. he plan has entered its medium-long term phase, with adaptations to support recovery in a still chaotic environment and strengthen the Group’s positioning around its strategic activities 2022 — 2026 Refocus • Strengthen the strategic positioning and risk resistance. • Assess opportunities for portfolio development (commercial and technical efforts, disposals, acquisitions).. 2020 — 2021 Restart and resize • Cash flow management. • Adjustment of the workforce and costs. • Revisit and optimize the industrial system and the organization. • Adjust the CAPEX program. • Optimize cash and working capital management. CARRYING THE STRATEGIC VISION BEYOND 42 LISI – 2022 INTEGRATED REPORT