LISI GROUP - Integrated report 2022

HANDING OVER OF THE KEYS TO THE FORGE 2022 SITE The new Forge 2022 building marks the completion of a major project for the Group. The first phase of the activity transfer process has been initiated from the legacy Bologne site to the new building in Chaumont (in the Grand-East region in France). The transfer will continue until the beginning of 2024. The new ultra-modern building benefits from latest generation industrial equipment and uses cogeneration processes that recover heat from industrial equipment to heat the site in winter, recycle rainwater for industrial needs or even use the green gas produced nearby. INTEGRATION OF B&E MANUFACTURING The integration of B&E Manufacturing, acquired by LISI AEROSPACE in 2021, was finalized in 2022. This company based in Garden Grove (California, USA), produces high pressure hydraulic tube fittings used in aerospace, commercial aerospace and the military industry. The integration phase resulted in the implementation of the LISI SYSTEM and the initiation of a manufacturing base for hydraulic fittings on the Saint- Ouen-l’Aumône site (Paris area in France). The objective is to set up two manufacturing centers, one in California, the other in France. Capital expenditures are focused on machining lines for laboratory equipment and the extension of a building on the French side. Know-how exchange programs are implemented between the two sites and should materialize in production in 2024. RUGBY TEAMS REWARDED The teams from the British Rugby site received The Manufacturer MX 2022 award in November 2022, in the “Humans and skills” category. The award organized by The Manufacturer magazine and considered a benchmark in the industry, is the only one where participants are evaluated and judged by their peers. BIG DATA: INTEGRATION OF AI ACCELERATED The implementation of disruptive technologies using Artificial Intelligence accelerated in 2022. The projects developed by LISI AEROSPACE with its partner WatchOut have made it possible to design and develop “self-learning” machines, capable of autonomously adjusting the machining settings on productions that they have “learned” to carry out (deep learning). The first machines of this type will be operational in 2023. HIGHLIGHTS 2022 61 LISI – 2022 INTEGRATED REPORT