Societe Bic Sa · EURONEXT:BB
Societe Bic Sa — BIC — Investor Presentation (July 2026)
47 slides from Societe Bic Sa's investor presentation, July 2026
Slide 1: Investor Presentation
Investor Presentation July 2026
Slide 2: BIC in a nutshell
BIC in a nutshell World leader in stationery, lighter, shaver and hairbrush products €2,090m 13.6% €4.74 €222m Vision Adjusted EBIT Free Cash Net Sales Adjusted EPS1 Bring simplicity and joy Margin1 Flow to everyday life. Mission Create high quality, safe, affordable, essential products, trusted by
Slide 3: In tune with the times
In tune with the times Launch of the BIC® Cristal, the first International expansion in high quality Europe, Latin Acquisition of Acquisition of Acquisition of ballpoint pen America, Africa and First BIC® First BIC® One- graphite, coloring correction correction North America lighter piece shaver and
Slide 4: BIC’s Global Manufacturing Footprint
BIC’s Global Manufacturing Footprint Europe 35%1 18 manufacturing North sites across America 36%1 5 continents Middle East & Africa 8%1 Human Expression Flame For Life Asia & Oceania Latin America 4% 1 Blade Excellence 17%1 Advertising & promotional products >95% of 1 % of 2025 Net Sales products so
Slide 5: Worldwide Leadership Positions
Worldwide Leadership Positions Human Expression Flame For Life Blade Excellence 35% Net Sales1 35% Net Sales1 29% Net Sales1 #2 in total Stationery #2 in one-piece Shavers (~8% market share in value2) #1 in branded Lighters 3 (~23% market share in value4) #1 in Ball Pens #1 in the UK and #3 #1 Corre
Slide 6: Human Expression
Human Expression BIC’s leadership position in Stationery BIC Global Rank: #2 with ~8% share Europe North America Private #1 #2 labels #1 #2 >10% <10% <30% >10% Latin America #1 #2 ~20% >10% 2025 Middle East Asia & Oceania €736m and Africa €55m #1 #14 Net Sales #1 #2 <10% <2% Adjusted EBIT ~10% <5% -
Slide 7: Core Writing Instruments: From classic to value-added products
Core Writing Instruments: From classic to value-added products 3.61 3.69 3.37 2.82 2.86 France – Modern Mass Market – in € per unit1 2.56 2.42 2.37 1.69 1.53 1.55 0.68 0.34 CRISTAL M10 4C ATLANTIS ILLUSION GELOCITY 4C 4C 4C 4C 4C 3+1 4C CRISTAL MEDIUM MEDIUM QUICK SHINE GRADIENT PASTEL VELOURS WITH
Slide 8: Flame For Life
Flame For Life BIC’s leadership position in Lighters BIC global market share: ~15%1 Europe North America >25% >60% Latin America >35% 2025 Middle East and Africa €723m €216m Asia & Oceania Net Sales Adjusted EBIT <5% <5% -6.7%1 29.9% Source: Market share in volume excluding China, BIC estimates as o
Slide 9: Flame for Life: Towards a more value-added portfolio
Flame for Life: Towards a more value-added portfolio 350 300 250 Index 100 vs J6/J261 200 200 150 120 110 100 95 80 J5/J25 J5/J25 J6/J26 J6/J26 J6/J26 J38W DJEEP U140 J6/J26 U110 U160 STANDARD SLEEVE STANDARD SLEEVE LICENCE EZ REACH MEGALIGHTER PERSONALIZED MEGALIGHTER EZ LOAD 1 2025 list price in F
Slide 10: Blade Excellence
Blade Excellence BIC’s leadership position in Shavers BIC Global Rank: #3 in total wet shave with ~7% share1 #2 in One-Piece shavers with ~23% share1 North America Europe #1 #3 #1 #3 >50% <10% >60% ~6% Latin America 2025 #1 #2 >70% >10% Middle East €602m and Africa €96m Asia & Oceania Net Sales #1 #
Slide 11: BIC’s value for money portfolio in the wet shave market
Breakdown of the total wet shave market by segment1 BIC’s value for money Double Edge portfolio in the wet 1% shave market One Piece 39% Refillable 60% Women’s shaver range2 Men’s shaver range2 Venus Extra Smooth 5 $4.74 Sensor 5 $4.99 BIC Soleil Glide 5 $3.47 BIC Flex 5 $2.99 BIC Soleil Escape 3 $2
Slide 12: Strong Momentum Behind BIC’s Detangling Haircare Brand
Strong Momentum Behind BIC’s Detangling Haircare Brand • Very strong net sales growth across all key channels and markets Double- • Outperforming the hairbrush category in all main markets digit • Success of new products supported by key marketing campaigns and growth partnerships in 2025 • First Ta
Slide 13: Operational & Consolidated Results H1 2026
Operational & Consolidated Results H1 2026
Slide 14: H1 2026 Key Takeaways
H1 2026 Key Takeaways • H1 organic growth of +1.7%, fueled by all categories and key regions • Improvement in the US with net sales growth in Human Expression and Blade Excellence, and stabilization in Flame for Life • Growth accelerated at Tangle Teezer in Q2, reaching organic growth of +16% in H1
Slide 15: H1 2026 Key Financial Figures
H1 2026 Key Financial Figures Net Adjusted1 Adjusted1 Free Cash Sales EBIT EPS Flow3 Q2 €586m 2026 €166m €2.81 €64m +1.8% organic growth 16.0% €189m H1 versus €2.35 Net Cash 2026 €1,040m Adjusted in H1 2025 Position4 EBIT Margin2 +1.7% organic growth 1 Adjusted means excluding non-recurring items 2
Slide 16: Q2 2026 Net Sales Evolution
Q2 2026 Net Sales Evolution €8m €2m Perimeter FX €598m €3m €2m €586m €21m € 2m Organic growth: +1.8% (3.5) % (0.3) % Q2 2025 Peri FX Q2 2026 Q2 2025 Human Flame Blade Other Products Perimeter Q2 2026 Net Sales Expression for Life Excellence & FX impact Net Sales
Slide 17: H1 2026 Net Sales Evolution
H1 2026 Net Sales Evolution Perimeter FX €8m €2m €6m €1,077m €2m €30m €1,040m Organic growth: +1.7% € 25m (2.8) % (2.4) % H1 2025 Peri FX H1 2026 H1 2025 Human Flame Blade Other Products Perimeter H1 2026 Net Sales Expression for Life Excellence & FX impact Net Sales
Slide 18: H1 2026 Performance – Human Expression
H1 2026 Performance – Human Expression North America Middle East and Africa Robust growth fueled by Solid rebound in Q2 distribution gains in with positive Back-to- retail and e-Commerce School momentum in North Africa Europe Challenging competitive Slight negative organic environment in the H1 grow
Slide 19: H1 2026 Performance – Flame For Life
H1 2026 Performance – Flame For Life Latin America North America Solid commercial Net sales stabilization execution in Mexico with growth in the convenience channel and e-Commerce Europe Slight growth with Middle East & Africa distribution gains across Continued distribution H1 key European countrie
Slide 20: H1 2026 Performance – Blade Excellence
H1 2026 Performance – Blade Excellence Europe Latin America Distribution gains Success of trade-up supported by Flex and strategy with additional Soleil ranges. Strong distribution gains in the growth at Tangle Teezer Flex and Soleil ranges Middle East and Africa North America Return to strong growt
Slide 21: H1 2026 Performance – Tangle Teezer
H1 2026 Performance – Tangle Teezer +16% Growth acceleration in Success of premium Net Sales Q2 at +21%, driven by products, including Organic both the US and Europe recently launched growth Chrome and Matte ranges Solid market share New product launches gains and distribution and key partnerships e
Slide 22: H1 2026 Adjusted EBIT Margin Evolution
H1 2026 Adjusted EBIT1 Margin Evolution +1.2 pts 16.0% +0.3 pts +0.8 pts 13.7% H1 2025 Gross Brand Operating H1 2026 2 adjusted EBIT Profit Support and Other adjusted EBIT margin Expenses 3 margin 4 1 See glossary in appendix 2 Excluding Tangle Teezer inventory fair value adjustment in H1 2025 3 Exc
Slide 23: H1 2026 Profit & Loss Account
H1 2026 Profit & Loss Account in million euros H1 2025 H1 2026 H1 2026 non-recurring items, mainly : • €10m restructuring costs Adjusted EBIT1 147 166 • €6m transformation costs • €4m costs related to discontinued Non-recurring items (25) (8) activities • -€12m Virtual Power Purchase EBIT 122 158 Ag
Slide 24: H1 2026 Free Cash Flow Generation
H1 2026 Free Cash Flow Generation in million euros 221 107 14 4 64 31 Operating Change in Income tax paid Others 1 Capex Free Cash Flow Cash Flow Working Capital 1 Mainly includes pensions contribution 24
Slide 25: H1 2026 Net Cash Position
H1 2026 Net Cash Position in million euros Free Cash Flow: €64m 221 125 31 234 Net Cash from Operating 6 189 Activities: €96m 98 18 December 2025 Operating Change in working CAPEX Dividend Share Others June 2026 Net Cash Position cash flow capital and others paid buyback Net Cash Position 25
Slide 26: 2026 Outlook
2026 Outlook Following the first half performance, BIC now anticipates under current assumptions: Adjusted EBIT Modest Stable Free margin slightly organic growth Cash Flow above 14.0%
Slide 27: Shareholder Remuneration
Shareholder Remuneration 218 210 Ordinary dividend €2.40 for fiscal year 20251 60 59 167 134 40 40 40 39 51% 2025 Payout ratio2 119 127 110 95 up to 2026 Share €40m buyback program Ordinary 2022 2023 Exceptional 2024 Share 2025 Exceptional dividend dividend buyback share buyback in million euros 1 R
Slide 28: Corporate Social Responsibility & Sustainable Development
Corporate Social Responsibility & Sustainable Development
Slide 29: BIC’s Sustainable Development Journey
BIC’s Sustainable Development Journey Became first Upgraded the stationery iconic Twin manufacturer to Lady/Silky Touch receive the “NF razor, now Environnement” Announced featuring a handle (NF400 Writing greenhouse made from 87% Production Instruments) gas emission- recycled plastic Conducted firs
Slide 30: BIC’s Long-lasting Products with Low Environmental Impact
BIC’s Long-lasting Products with Low Environmental Impact 3km 3,000 13 Up to 3 kilometers Up to 3,000 Up to 13 shaves of writing for a flames for a with a BIC® BIC® Cristal®1 BIC® Maxi lighter Flex 5 shaver BIC® ECOlutionsTM, a complete line of products 17 flagship products in the made from recycled
Slide 31: BIC’s ESG Key Achievements in 2025
BIC’s ESG Key Achievements in 2025 -4% -50%1 lost time incidents in BIC facilities Virgin plastic in our packaging vs. 2024 compared to 2019 100% 85% of strategic suppliers involved in at of electricity used in our own least one responsible procurement operations is renewable action to ensure effici
Slide 32: Where We Stand With Our Writing The Future Commitments
Where We Stand With Our Writing The Future Commitments Baseline Our Commitments Target 2025 Results Year 100% of cardboard packaging from certified and/or recycled sources – 100% 100% recyclable, reusable, or compostable plastic in consumer packaging – 84% Product Packaging 100% PVC-free plastic pac
Slide 33: Governance
Governance
Slide 34: A Family-Controlled Company with Solid Corporate Governance
A Family-Controlled Company with Solid Corporate Governance Shareholding Structure Board of Executive • 40,861,314 number of shares Directors Committee • 57,550,944 number of voting rights 1% 32% 12 40% 7 29% Directors Independents1 Members Women 54% 14% 60% 5 6 Women1 Nationalities Nationalities Bi
Slide 35: Board of Directors (at the end of July 2026)
Board of Directors (at the end of July 2026) Non- Chief Committees Directors Executive Executive Nominations, Chair Officer Remuneration Independent director Governance and CSR Chair of Director representing Audit (C) the employees committee Édouard Bich Rob Versloot (C) Lead Independent Director Al
Slide 36: Executive Committee (at the end of July 2026)
Executive Committee (at the end of July 2026) Rob Versloot Chief Executive Officer François Clément-Grandcourt Alina Asiminei David Cabero Chief Business Development, Chief Commercial Officer, Chief Growth Officer Sustainability & Public Affairs International Officer Alexandra Malak Haven Cockerham
Slide 37: Appendix
Appendix
Slide 38: BIC’s Horizon Plan (2020-2025) Capital Allocation Policy
BIC’s Horizon Plan (2020-2025) Capital Allocation Policy 1. 2. 3. 4. Investments Targeted Ordinary Share into operations acquisitions dividend buyback (CAPEX) Payout ratio On average Approximately in the range Regular program approximately €100m per year of 40-50% of (up to €40m) €100m per year adju
Slide 39: Group Figures
Group Figures in million euros Q1 25 Q2 25 H1 25 Q3 25 Q4 25 FY 25 Q1 26 Q2 26 H1 26 Net Sales 478 598 1,077 519 495 2,090 453 586 1,040 Reported growth (8.3) % (3.1) % (5.5) % (3.9) % (4.4) % (4.8) % (5.3) % (2.0) % (3.5) % Organic growth1 (10.9) % (2.7) % (6.4) % (3.3) % (2.3) % (4.7) % +1.6% +1.8
Slide 40: Group Quarterly Figures by Geography
Group Quarterly Figures by Geography in million euros Q1 25 Q2 25 Q3 25 Q4 25 FY 25 Q1 26 Q2 26 Europe Net Sales 168 226 183 158 736 168 221 Reported growth +4.7% +6.6% +4.6% +5.7% +5.5% +0.0% (2.2) % Organic growth1 (3.5) % (0.2) % (0.9) % (2.4) % (1.6) % +1.5% +0.0% Growth at constant currency1 +4
Slide 41: Human Expression
Human Expression in million euros Q1 25 Q2 25 H1 25 Q3 25 Q4 25 FY 25 Q1 26 Q2 26 H1 26 Net Sales 153 253 406 192 138 736 141 235 377 Reported growth (11.9) % (9.3) % (10.3) % (4.0) % (14.7) % (9.6) % (7.7) % (6.9) % (7.2) % Organic growth1 (10.5) % (6.1) % (7.8) % (0.5) % (5.8) % (5.6) % +3.0% (1.0
Slide 42: Flame For Life
Flame For Life in million euros Q1 25 Q2 25 H1 25 Q3 25 Q4 25 FY 25 Q1 26 Q2 26 H1 26 Net Sales 172 183 354 175 194 723 165 186 351 Reported growth (17.1) % (6.4) % (11.9) % (8.8) % (10.4) % (10.8) % (3.9) % +1.7% (1.0) % Organic growth1 (15.9) % (0.9) % (8.6) % (4.3) % (5.2) % (6.7) % +1.7% +1.7% +
Slide 43: Blade Excellence
Blade Excellence1 in million euros Q1 25 Q2 25 H1 25 Q3 25 Q4 25 FY 25 Q1 26 Q2 26 H1 26 Net Sales 145 157 302 146 154 602 139 158 296 Reported growth +9.4% +13.7% +11.6% +2.6% +18.1% +10.8% (4.3) % +0.1% (2.0) % Organic growth2 (4.5) % +1.6% (1.4) % (6.1) % +6.4% (0.8) % +0.6% +5.1% +2.9% Growth at
Slide 44: Other Products
Other Products in million euros Q1 25 Q2 25 H1 25 Q3 25 Q4 25 FY 25 Q1 26 Q2 26 H1 26 Net Sales 9 5 14 7 9 30 8 8 16 Reported growth +4.6% (0.9) % +2.4% +2.0% (0.7) % +1.3% (5.0) % +38.9% +12.1% Organic growth1 +4.6% (1.2) % +2.3% +2.0% (0.7) % +1.3% (5.3) % +38.5% +11.8% Growth at constant currency
Slide 45: Unallocated Costs
Unallocated Costs in million euros H1 25 FY 25 H1 26 EBIT (42) (79) (47) Adjusted EBIT (42) (79) (41) 45
Slide 46: Glossary
Glossary • Adjusted: Adjusted means excluding non-recurring items. • Constant currency: Growth at constant currency figures are calculated by translating the current year figures at prior year average exchange rates. • EBIT: Earnings Before Interest and Taxes. • Adjusted EBIT margin: Adjusted EBIT a
Slide 47: Disclaimer
Disclaimer This document contains forward-looking statements. Although BIC believes its estimates are based on reasonable assumptions, these statements are subject to numerous risks and uncertainties. A description of the main risks that could impact BIC appears in the chapter “Risk Factors and Mana