Vinci Sa · EURONEXT:DG
Vinci Sa — ESG Presentation (March 2022)
69 slides from Vinci Sa's sustainability presentation, March 2022
Slide 1: VINCI – Aim for an all-round performance ESG presentation
VINCI – Aim for an all-round performance ESG presentation March 2022
Slide 2: Table of contents
Table of contents 1 The VINCI Group 2 Corporate governance 3 Environmental performance 34 Social performance 2
Slide 3: The VINCI Group
VINCI Ws The VINCI Group
Slide 4: FY 2021 highlights
FY 2021 highlights Strong increase in revenue, sharp upturn in earnings VINCI Energies and VINCI Construction: revenue and earnings in excess of 2019 levels VINCI Autoroutes: positive traffic momentum, now above its 2019 levels VINCI Airports: gradual recovery in passenger numbers since the summer;
Slide 5: VINCI 2021 key figures (1/2)
VINCI 2021 key figures (1/2) €49.4 bn >100 ~3,200 >260,000* >270,000 €55 bn Group revenue countries where number of employees number of market cap. at (incl. holdings) VINCI operates business units contracts 31 December 2021 Concessions Energy Construction Immobilier Revenue: €7.0 bn Revenue: €15.1
Slide 6: VINCI 2021 key figures (2/2)
VINCI 2021 key figures (2/2) Revenue Ebit Ebitda* Free cash flow Δ FY 2021/FY 2020 Δ FY 2021/FY 2020 Δ FY 2021/FY 2020 Δ FY 2021/FY 2020 Δ FY 2021/FY 2019 Δ FY 2021/FY 2019 Δ FY 2021/FY 2019 Δ FY 2021/FY 2019 Data in € million (unless otherwise specified) 49,396 4,723 7,884 5,282 +14% +1,864 +1,965
Slide 7: Strong free cash flow generation and high level of cash conversion
Strong free cash flow generation and high level of cash conversion Free cash flow generation 2012 to 2021: €31.5 bn total FCF Net income 10-year CAGR 10-year CAGR 5.3 +18% CAGR +9.5% +3.2% 4.2 4.0 3.2 3.3 3.0 2.9 3.0 2.7 2.5 2.5 2.5 2.6 2.2 2.2 1.9 2.0 2.0 2.0 1.2 2012 x3 x4 2013 x5 x6 2014 x7 x8 20
Slide 8: Financial policy: strong liquidity and credit rating
Financial policy: strong liquidity and credit rating High level of liquidity Strong credit rating despite the acquisition of Cobra IS S&P A- Outlook stable Confirmed for VINCI SA, ASF and Cofiroute in June 2021 18.0 17.8 15.1 Moody’s A3 Outlook stable 10.0 9.3 * Confirmed for VINCI SA and ASF in Oct
Slide 9: Financial policy: optimising the average cost of debt
Financial policy: optimising the average cost of debt Decrease in the average cost of gross financial debt cost over the past 5 years Diversified sources of financing 2.7% 27% FY 2017 2.3% 2.4% 2.3% 59% 31 Dec. £ FY 2019 2.1% € 2021 FY 2018 FY 2020 8% $ FY 2021 2% PEN 4% other currencies 9
Slide 10: 2022 Outlook
2022 Outlook ✓ Although the public health situation has not yet stabilised and despite ongoing economic and geopolitical tensions, VINCI is confident going into 2022. Energy VINCI Construction Concessions VINCI Energies’s markets remain buoyant VINCI Autoroutes, following the and it should be able t
Slide 11: Dividend
Dividend 28 April 2022 2021 dividend per share to be proposed to the €2.90 Payment date (all cash) Shareholders’ General Meeting of 12 April 2022 per share 26 April 2022 Ex-date 2021 pay-out ratio: 64% 3.05 * 2.90 2.67 2.45 2.22 2.10 2.04 2.04 1.77 1.77 1.84 Total dividend (–) interim dividend Inter
Slide 12: Shareholder base at 31 December 2021
Shareholder base at 31 December 2021 Rest of the World Rest of Europe 16.5% 6.0% Individual investors 7.6% 15.0% Employees Institutional United Kingdom investors 592.4 m 9.9% 74.6% shares 3.8% Qatar Holding LLC 4.2% Treasury shares 23.4% North America 13.7% France Shareholding structure* ✓ Over 900
Slide 13: CAC 40 index outperformed over the last 10 years
CAC 40 index outperformed over the last 10 years Share price evolution from December 2011 to December 2021 110 100 100 VINCI Market capitalisation 90 31st December 2021 +175% 80 CAC 40 70 €55 bn +126% 60 50 40 30 20 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 VINCI share CAC 40
Slide 14: VINCI's DNA
VINCI’s DNA ✓ Decentralised management ✓ The men and women at the heart of actions and organisations ✓ A local and global approach, rooted in all territories ✓ An all-round performance 14
Slide 15: Aim for an all-round performance
Aim for an all-round performance A sustainable economic project is impossible without an ambitious social, workforce-related and environmental commitment. 15
Slide 16: ESG ratings
ESG ratings 2021 2020 2019 2018 CDP Climate A A- A- A- Rating C+ CDP Water Security B B B- C submitted not CDP Forest C C not scored submitted « best in class » in 2021 (in Heavy Construction sector) 16
Slide 17: Inclusion of the TCFD and SASB tables in our 2020 URD
Inclusion of the TCFD and SASB tables in our 2020 URD 17
Slide 18: Corporate governance
VINEI “ Corporate governance
Slide 19: Composition of the Board of Directors
Composition of the Board of Directors (as of today) Independence rate*: 67% Gender parity**: 54% of women 15 Directors, including: 8 independent Directors 2 representing employees 1 representing employee shareholders Average tenure: 8 years 6 foreign nationalities Average age of Directors: 6
Slide 20: Summary of corporate governance
Summary of corporate governance (as of today) Defines the Company’s strategic choices and ensures they are properly Board of Directors implemented (15 members) Xavier Huillard Chairman and Chief Executive Officer Reinforce the connection Yves-Thibault de Silguy between the Board of Directors and VIN
Slide 21: Board of Directors
An active and diversified Board of Directors 15 Directors Board of Directors Independence rate*: 67 % 11 meetings in 2021 Gender parity**: 54% including 7 ordinary meetings 6 foreign nationalities 96% attendance at all meetings Chairman and Chief 8 independent Directors Vice Lead Director 96 % atten
Slide 22: Directors' experience and expertise
Directors’ experience and expertise PROFESSIONAL EXPERIENCE INDUSTRY SECTOR EXPERTISE Financial Technical or Construction, Aerospa Executive Manufacturing management functional Public property ce and Telecoms, Name manageme Transport Digital Services management administration development aviation En
Slide 23: The Board's goals
The Board’s goals Creating value aiming at an all-round performance: Economic performance Social performance Environmental performance Method: Ensure the sustainability of businesses Increase international exposure Require the implementation of the Group's values 23
Slide 24: A dense activity in 2021 despite the pandemic
A dense activity in 2021 despite the pandemic Mobilisation of the Board and Committees: 29 meetings in 2021 Implication of directors facilitated in times of health crisis through: Extensive use of videoconference systems Implementation of a digital plateform for the exchange of documents Main activi
Slide 25: Audit Committee in 2021
Audit Committee in 2021 Activity in 2021: 5 meetings Attendance: 90% Rene Medori* Yannick Assouad Robert Graziella Chairman Lead Independent Castaigne Gavezotti Director Composition Main assignments Activity in 2021 Independent Chairman: ✓ Monitor the process of compiling financial ✓ Examination of
Slide 26: Strategy and CSR Committee in 2021
Strategy and CSR Committee in 2021 Activity in 2021: 7 meetings Attendance: 96% Yves-Thibault de Abdullah Hamad Uwe Ana Paula Pascale Caroline Dominique Muller Joly Pessoa Silguy* Al-Attiyah** Chlebos* Sourisse Grégoire Sainte Pottuz Chairman representing employees' Marie representing employee Qatar
Slide 27: Acquisitions: a bottom-up and collective decision process
Acquisitions: a bottom-up and collective decision process M&A and PPP projects initiated and executed at HIGHWAYS the business line level… but reviewed by the Board above certain thresholds Thresholds Review by Investments or committments Strategy and CSR committee > €50 millions (Board committee) I
Slide 28: Remuneration Committee in 2021
Remuneration Committee in 2021 Activity in 2021: 3 meetings Attendance: 100% Miloud Marie-Christine Benoit Bazin Hakimi* Pascale Lombard** employees Sourisse Chairman representative Composition Main assignments Activity in 2021 Independent Chairman: ✓ Make recommendations to the Board concerning ✓ R
Slide 29: Principles and guidelines of the CEO remuneration policy
Principles and guidelines of the CEO remuneration policy from the 2022 Shareholders’ General Meeting A balanced, capped and demanding remuneration policy Application of policy as of the Item of annual remuneration Performance indicators Upper limit as an absolute value 2022 General Meeting Short-ter
Slide 30: Xavier Huillard's compensation for 2021
Xavier Huillard’s compensation for 2021 2020 (in Upper limit as an 2021 (in €) €)* absolute value (in €) Short-term fixed 1,200,000 1,200,000* 1,200,000** component Earning per share attributable to the 384,000 0 384,000 owners of the parent Economic part Recurring Short-term 384,000 0 384,000 opera
Slide 31: Focus on managerial and ESG performance indicators in 2021
Focus on managerial and ESG performance indicators in 2021 Performance relative to Indicator Factors taken into account prior year - Maintenance of the percentage of revenue generated outside France Managerial performance 100% - Management and dialogue with stakeholders - Maintenance of the CDP Carb
Slide 32: Appointments and Corporate Governance Committee in 2021
Appointments and Corporate Governance Committee in 2021 Activity 2021: 3 meetings Attendance: 100% Yannick Robert Marie- Benoit Bazin Yves-Thibault Assouad Castaigne Christine de Silguy* Chairman Lombard** Composition Main assignments Activity in 2021 Independent Chairman: ✓ Make proposals on the se
Slide 33: Succession plans: a monitored process
Succession plans: a monitored process The Appointments and Corporate Governance Committee makes sure that it always has a succession plan in place for the Chairman and Chief Executive Officer in the event of the latter’s incapacity. The natural succession process for the Chairman and Chief Execu
Slide 34: Shareholders' General Meeting: Calendar
Shareholders’ General Meeting: Calendar Dec. Feb. 2022 March 2022 April 2022 2021 31 December: 4 February: 4 March: 8 April: Closing of annual Publication of 2021 Publication of Shareholders’ Record date* accounts annual results General Meeting Agenda in French journal of compulsory legal notices 25
Slide 35: Directors: Mandates expiring in 2022
Directors: Mandates expiring in 2022 Year of first Renewal proposed to appointment the general meeting Position of 12 April 2022 for a period of 4 years Xavier Huillard Chairman and Chief Executive Officer of 2006 x VINCI Yves-Thibault de Silguy** Vice-Chairman of the Board of Directors of 2000 VINC
Slide 36: Directors: Mandates expiring in 2022
Directors: Mandates expiring in 2022 Year of first Renewal proposed to appointment the general meeting Position of 12 April 2022 for a period of 4 years René Medori* Non-executive Chairman of Petrofac Ltd (UK) 2018 x Chair of the Audit Committee Qatar Holding LLC* Qatar Holding LLC, a company contro
Slide 37: Directors representing employees: Mandates expiring in 2022
Directors representing employees: Mandates expiring in 2022 Year of first Directors appointment representing Position employees as of the general meeting of 12 April 2022 Uwe Chlebos* Director representing employees Insulation Installer, G+H Isolierung GmbH 2014 Roberto Migliardi** Member of the Str
Slide 38: Renewal of the Chairman and Chief Executive Officer
Renewal of the Chairman and Chief Executive Officer If the shareholders vote in favour of the renewal of Mr Huillard’s term of office as director, the Board plans to renew his term of office as Chairman and Chief Executive Officer. Decision motivated by the Board’s wish : to see Mr. Huillard a
Slide 39: Environmental performance
VINCI Ws Environmental performance
Slide 40: Forging a sustainable world
VINCI Environmental Ambition (2020-2030) Forging a sustainable world Implementation by the • Spread an environmental culture & train employees businesses, with our internal • Work in collaboration with our suppliers and subcontractors and external stakeholders • Develop environmental solutions for o
Slide 41: VINCI Environment Awards and the deployment of environmental solutions
VINCI Environment Awards and the deployment of environmental solutions The VINCI Environment Awards reward the best initiatives The results submitted by employees in the field around the world. In June 2021, 190 initiatives received a regional award. It is the Group's way of giving its employees the
Slide 42: Act for the climate
Act for the climate Our commitments 2030 Ambition 2021 key figures • Reduce our direct greenhouse gases 2.3 million tonnes emissions (scopes 1 and 2) by 40% by Net zero emission by 2050 greenhouse gas emissions in 2021 (scope 1 & 2) 2030 compared to 2018 (scope 1 & 2) -8% greenhouse gas emissions in
Slide 43: VINCI's scope 1 and 2 emissions in 2021
VINCI’s scope 1 and 2 emissions in 2021 2.3m tCO2eq Scopes 1 and 2 44% 22% 22% 12% Industrial activities Worksite machinery Company cars, utility vehicles Buildings 43 43
Slide 44: Main actions to reduce scopes 1&2 emissions
Main actions to reduce scopes 1&2 emissions OPTIMISING ENERGY FOR WORKSITE MACHINERY AND HEAVY INDUSTRIAL ACTIVITIES AND VEHICLES ENVIRONMENTAL EMPLOYEE MOBILITY DECARBONISING THE ENERGY BUILDINGS PERFORMANCE • Monitoring/audit of • Monitoring of energy • Travel optimisation and • Installation and s
Slide 45: VINCI's scope 3 emissions
VINCI’s scope 3 emissions c. 41m tCO2eq Scope 3 23% 5% 4% 8% 43% 8% 5% 5% UPSTREAM DOWNSTREAM 1/3 2/3 Purchases of materials Traffic on concessions Other purchases (incl. transport) Use of power equipment Subcontractors, works contracts Buildings Other upstream impacts Other downstream impacts 45 45
Slide 46: Main actions to reduce the scope 3 emissions
Main actions to reduce the scope 3 emissions USE OF EQUIPEMENTS & MATERIALS SUB-CONTRACTORS CONCESSIONS’ TRAFFIC BUILDINGS • Eco-design to optimize • Optimization of travels • Low Carbone Motorways • Eco-desgin approach for the quantities of materials • Renewing the fleet of Ex: VINCI Autoroutes, wi
Slide 47: Examples of winning initiatives from the Environment Awards
Examples of winning initiatives from the Environment Awards EXEGY REHASKEEN MONITORING AIRCRAFT REVE CARBON FOOTPRINT Real-time monitoring of carbon Solar energy self-consumption to Mainstreaming Exegy very low and Industrialisation of thermal power electric vehicle charging emissions and fuel consu
Slide 48: Optimize resources thanks to circular economy
Optimize resources thanks to circular economy Our Our commitments commitments 2030 Ambition 2021 key figures • Promote low-resource building > 20 mt recycled aggregates produced 14 mt techniques and materials by Eurovia of recycled aggregate mix out of Eurovia’s total annual production in 2021 • Imp
Slide 49: Examples of winning initiatives from the Environment Awards
Examples of winning initiatives from the Environment Awards REDUCING CO2 EMISSIONS FROM THE LIFELONG QUARRY ECO LINE MARKER: THE ZERO PLASTIC WASTE FREE SERVICE MOTORWAY MAINTENANCE WASTE PAINT BOMB AREAS WORK BY 49% Using mixed inert excavated material Accompanying commercial facilities at Maximisi
Slide 50: Preserve natural environments
Preserve natural environments Our commitments 2030 Ambition 2021 key figures • Prevent pollution and incidents by systematically implementing zero net loss of Towards biodiversity 37 sites environmental management plan in using zero-phytosanitary products for VINCI Airports all our activities • Opti
Slide 51: Examples of winning initiatives from the Environment Awards
Examples of winning initiatives from the Environment Awards REUSING WATER FROM AIR VALUING THE WASTELANDS IN ZINC PAINT REDUCTION TO OPTIMISATION AND ECO-USE OF CONDITIONERS URBAN AREAS INCREASE LIFE OF TOWER STEEL WATER IN AREAS OF WATER STRESS Encouraging the development of urban A panoply of acti
Slide 52: Social performance
VINCI Ws Social performance
Slide 53: VINCI's social performance in 2021
VINCI’s social performance in 2021 Aiming for an all-round performance and sharing with our stakeholders the benefits of our performance 2 million 73% 21.6% 4,132,250 198,000 of companies without lost-time of female managers in hours of training provided in 2021 Employees eligible to hours of integr
Slide 54: Zero accidents on worksites
Zero accidents on worksites 70% 73% 6.84 5.74 2016 2021 2016 2021 • An in-house network of 2,500 health and safety specialists • Trainings and best practices : • 37% of training hours on health & safety • 1,540,904 hours of in health & safety trainings • Subcontracting and customer awareness 54
Slide 55: Equality and diversity
Equality and diversity Percentage of women in managerial positions 18.5 % 21.6 % in 2016 in 2021 Targets for 2023: • Increase the percentage of women reaching management positions through hiring or promotion to 28% • Increase the percentage of women on Group’s management committees to almost 17%, i.
Slide 56: Give Me Five Programme
Give Me Five Programme Launched in 2018, the Give Me Five programme aims to tackle social inequalities, targeting young people from priority neighbourhoods or people far away from the job market. It is structured around five initiatives: 1 GUIDANCE 2 INDIVIDUAL SUPPORT Offer week internships for hig
Slide 57: Give Me Five Programme
Give Me Five Programme At the end of 2021: GUIDANCE INDIVIDUAL SUPPORT 1 2 • + 4,000 high-school students reached • 1,000 high-school students supported in 5 pilot academies The programme extends the actions of VINCI’s social enterprise structure ‘VINCI Insertion Emploi’ (ViE) which manages over a m
Slide 58: Encouraging teams' professional fulfilment
Encouraging teams’ professional fulfilment 19 hours of training on • Encouraging employee training through average per online and offline courses employee €359 M paid out to French • employees through Sharing the benefits of performance employer contributions, (91% of employees can subscribe from pr
Slide 59: Ethics and Human Rights
Ethics and Human Rights Documents available in 30 languages and for 99 % of employees 59
Slide 60: VINCI's whistleblowing platform
VINCI’s whistleblowing platform https://www.vinci-integrity.com Accessible to : • Group’s employees • External or occasional employees • Other stakeholders in projects run by Group entities 60
Slide 61: VINCI's guide on human rights
VINCI’s guide on human rights DEDICATED E-LEARNING AVAILABLE TO ALL EMPLOYEES IN ENGLISH, FRENCH, SPANISH, PORTUGUESE AND POLISH THE GUIDE: • identifies VINCI’s salient issues (5 areas divided into 17 themes) and associated guidelines for each theme; • has a universal dimension within the group; • a
Slide 62: Deployment of the approach
Deployment of the approach i ° MAPPING OF KEY HUMAN RIGHTS RISKS ATGROUP LEVEL — - reamunc es | FBR) oattttcing eet wen © VINCI’s Guide on human rights and its appendix. 20 \ PRIORITISATION AND RISKS MAPPING AT COUNTRY LEVEL + TRANG © At social responsibility team level working with business lines,
Slide 63: Human rights assessments at end of 2021
Human rights assessments at end of 2021 29 countries 70 subsidiaries 19 000 employees (vs. 26 end of 2020) (vs 67 end of 2020) (vs. 17 003 end of 2020) 16 % of the 45 % of the Group’s 72 % of workforce Group’s workforce workforce in non- in very high-priority (excluding France) OECD member countries
Slide 64: Collaborative initiatives
Collaborative initiatives 64
Slide 65: Founding member of BUILDING RESPONSIBLY
Founding member of BUILDING RESPONSIBLY Group of leading engineering and construction companies working together to raise the bar in promoting the rights and welfare of workers across the industry and to facilitate the dissemination of workers’ welfare standards throughout the value chain (subcontra
Slide 66: Socio-economic footprint of VINCI's activities in France by Utopies
Socio-economic footprint of VINCI’s activities in France by Utopies© TO REPLY TO VINCI’S TERRITORIAL RESPONSIBILITY • Measure and optimize local anchorage • Cooperate with local actors to promote territorial development 66
Slide 67: Diffusion, communication and adoption of the study
Diffusion, communication and adoption of the study • Syntheses for each business line and territory • Dedicated platform on the Group’s intranet A new study will be conducted in 2022 on 2021 data 67
Slide 68: Contacts
Contacts Investor Relations Governance CSR Isabelle SPIEGEL Head of Environment Grégoire THIBAULT Patrick RICHARD isabelle.spiegel@vinci.com Head of Investor Relations General Counsel and Secretary to the Board of VINCI Tel: +33 1 57 98 63 72 gregoire.thibault@vinci.com patrick.richard@vinci.com Tel
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