Seb Sa · EURONEXT:SK
Seb Sa — Groupe SEB — Investor Day (December 2024)
74 slides from Seb Sa's investor day presentation, Dec 12, 2024
Slide 1: ESG Investor Day
Slide 2: Executive Summary
Executive Summary 01 ESG commitment stemming from our Mission 02 2030 ESG ambition built for greater impact 03 Our ESG pillars with well defined roadmaps 04 Driving our extra financial performance 05 Conclusion AW A A \ N 06 | \\ Q&A
Slide 3: ESG commitment stemming from our Mission
ESG commitment OT stemming from our Mission
Slide 4: Make consumers' everyday lives easier and more enjoyable
i Make consumers' ‘ma everyday lives easier sand more enjoyable ~& » Contribute to better living all around the world”
Slide 5: ESG pillars of our Mission
- q % ESG er’ A of ff EJ a 4 Make consumers’ everyday lives easier and more enjoyable Durable & circular products and solutions - Contribute to Ethics, diversity & inclusion ” better living all around Healthy and homemade (4 the world cooking 99 Value chain due diligence Health & Well being 7 —— __—
Slide 6: Growing ESG commitment and actions
- oy q | he #3 ESGINV EgBr oo ionjdipoo. “6 Growing ESG commitment and actions y ge SCIENCE = BASED Creation g Ss TARGETS ofa Sustainable 1st cookware . . tinsmith's Development range of 100% Carbon = workshop in Department recycled st neutrality x Strategic & ESG Selongey Creation aluminum Charity
Slide 7: 2030 ESG ambition built for greater impact
2030 ESG ambition built for greater O 2 impact 7
Slide 8: Positive outcome of our 2018-2023 ESG Ambition
§ * ESG INVESTOR Da 12/12/2024 one Positive outcome eon area 102% of our 2018-2023 ¥ ACT matter ° +3 ‘ FOR ESG Ambition SisTMst : == LIVINGS Climat action 95% SUSTAINABLE revolution [ies | em | |VINGS | Sustainable A TevILUTION STNOVATON. innovation ( Overall completion* rate of » 1 | O% Vs 20 KPls
Slide 9: Major achievements on ambitious targets
q és fy * ESG INVESTOR DAM 12/1/2024 iB e e one T Major achievements on ambitious targets ACT —iivines Increase in the percentage of women in management Products/packaging with growing percentage of recycled materials target balance vs % women in the Group target 50% 6B % womenmanagers OB % womenemp
Slide 10: Group's growth strategy
Group’s growth strategy Strengthen our leadership sp in Consumer ip Becomea reference player in Professional — a | Pad Supported by a strong ESG roadmap for greater impact and value creation
Slide 11: Built on ESG pillars fully integrated into the business
- q 22 SG INVESTOR Dae 12dia02 Built on 4 ESG pillars fully integrated into the business 2024 20350 Make consumers’ everyday lives easier and more enjoyable & contribute to better living all around the world G Sy re ACT FOR ALL ACT ACT AS ALEADER FOR NATURE IN CIRCULAR ECONOMY ACT RESPONSIBLY & ETHI
Slide 12: Our ESG pillars with well defined roadmaps
Our ESG pillars with well defined roadmaps
Slide 13: Act for nature
Slide 14: Act for nature: our 2030/2050 vision
y A A. S we ESGINVESTOR DANE 12/al2024 Act for nature Our 2030/2050 vision ee eel warming within +1.5°C. Limit our impact on biodiversity and planet resources Make consumers’ everyday lives easier and more enjoyable & contribute to better living all around the world G ACT FOR NATURE © Climate Substa
Slide 15: Groupe SEB carbon footprint
| fw A § ESG INVESTOR Dae 12/12f2024 “15 Groupe SEB carbon footprint %Y 5 | “%o 1% \ J 2% Purchasing Production|, Logistics Use of sold products rarer (Scope 3.1) (Scope 1&2) (Scope 3.4) zs (Scope 3.11) mobility y PEE ————— ££ ff 6 ff um
Slide 16: A more ambitious decarbonization trajectory
- q 2 ESG INVESBOR Daw 12/12/2024 A more ambitious decarbonization trajectory | 6 sore Validated by the SBTi on 12/12/2024 SCIENCE THE NET Targets approved oS SETS ZERO STANDARD DRIVING AMBITIOUS CORPORATE CLIMATE ACTION To contain global warming within +1.5°C by 2050 7 MO # £ LiL BL
Slide 17: Decarbonization trajectory towards net-zero by 2050
§ 2 some, rengie024 7 Decarbonization trajectory towards net-zero by 2050 ie Production sites te Logistics KG Purchased materials Bho Product usage 20350 Vs. 2021 Scopes 1&2 -42% Scopes 3 -25% — —_ — S SF £ 4 ZA sAphhiiiiiiiveg @ ACTFOR NATURE 2050 Vs. 2021 -90% -90% > J
Slide 18: Our levers to reduce our own emissions
- q * ESG INVESTOR Dae 12/2/202: Our levers to reduce our own emissions fa Production sites Invest in high efficiency Invest in Nelo eraTe\ si eielel ie industrial equipments renewable energies
Slide 19: Anchor energy sobriety
§ ESG INVESTOR DAW 12/1/2024 Our levers to reduce our own emissions @ AcTroRNATURE fu Production sites | Anchor energy sobriety Exhaustive tracking of equipment consumptions to maximize energy saving Energy management system already in place in all Groupe SEB sites (ISO 50001 or internal standard eq
Slide 20: Invest in high efficiency industrial equipments
- q py ESG INVESTOR Dae 12/12/2024 +20 Our levers to reduce our own emissions fa Production sites | Invest in high efficiency industrial equipments Leverage new technologies to maximize energy efficiency in our industrial processes Electrical Injection Molding Machines (IMM): * 50% of SDA* energy co
Slide 21: Invest in renewable energies
Ss csomerogf eiffte > os ‘a f 4 21 Our levers to reduce our own emissions G AcTFORNATURE ff Production sites | Invest in renewable energies -42% by 2030 * 7sites already equipped with renewable energy installations (solar panels or biomass energy) * more than 75,000 m? solar panels * Cajica certifie
Slide 22: Our levers to reduce our indirect emissions
Ss ESG INVESTOR DAN 12/12/2024 Our levers to reduce our indirectemissions | é ronan %& Z Purchased materials Continue to increase recycled Embark our suppliers raw materials usage in the energy efficiency journey v v 500 key suppliers decarbonization program to From 48% to 60% in 2030 achieve -1.4m
Slide 23: Our levers to reduce our indirect emissions: product usage
Our levers to reduce our indirect emissions # :\\ & Product usage for the same performance as a Rowenta 900W max. vacuum cleaner” Technical innovations Smart solutions Consumer guidance
Slide 24: Technical innovations to lower energy consumption
Ss ESG INVESTOR DAN 12/12/2024 Our levers to reduce our indirect emissions B =) & Product usage| Technicalinnovations @ ACTFOR NATURE Technical innovations to lower the energy consumption of our products With no compromise on performance... Ex : Effitech motors Vacuum Fans cleaners Up to 65% Up to 5
Slide 25: Smart solutions for sustainable product use
§ ESG INVESTOR DAW 12/1/2024 +25 Our levers to reduce our indirectemissions = é sore E 2) & Product usage| Smart solutions Smart solutions encouraging more sustainable ways of using our products Adjustment to needs Ex: Linen Care Ex: Kettles Temperature selection Just reach the °C needed 20% average
Slide 26: Water consumption reduction roadmap
- q Py py ESG INVESTOR DAN 12/1/2024 +26 iB 7 Water consumption reduction roadmap G AcTFORNATURE fg Water consumption Water management already in place in all Groupe SEB sites (ISO 14001) to deploy optimization measures and water sobriety Proven track record and best practices — Rumilly process opti
Slide 27: Highest standards for substances management
§ ESG INVESTOR DAW 12/1/2024 Highest standards for substances +27 @ ACTFOR NATURE [ substances ] management way beyond regulatory constraints BECHA wWefsam FDA @ World Health “Y Organization GH RoHS GH REACH Rigorous screening process of substances of concern worldwide Based on external agencies (EC
Slide 28: Act as a leader in circular economy
Actasaleader — — in circular economy
Slide 29: Act as a leader in circular economy
§ +29 Act as a leader in circular economy Our 2030/2050 vision Lead and further accelerate the development of circular economy in our sector Pioneer and invest in all 3 phases: Reduce, Reuse and Recycle Make consumers’ everyday lives easier and more enjoyable & contribute to better living all around
Slide 30: Our eco-design practice at the center of our circular strategy
Our eco desi eB oractice the center of our circu’ - strategy ie | lg — .
Slide 31: Eco-design practice
§ a ££ 24 +31 Eco-design practice X @ cimcuLaR Economy Quality + Repairability = Durability 5 Product energy efficiency eco-design = drivers Recyclability Ga aaa Recycled materials Eco-packaging 7 —— ——_ - SF J f J Jf suns ee
Slide 32: Eco-design practice: durability
§ a ££ 24 4 A 332 Eco-design practice XN @ cimcuLaR Economy Quality + Repairability = Durability 5 eco-design drivers a = oe —— ZF SF J JS JLA:SASS ee g
Slide 33: Our products are developed to last
Ss ESG INVESBOR D, First, our products are developed to last... & . Repairability Our products are developed to last, thanks to robust design and quality testing process Assessment of critical usages and.components at risk of failure Intensive life tests in product development process EXAMPLES* 660,
Slide 34: Repairable products, a high and historical commitment
«and are repairable, a high & historical commitment & . Repairability % of electrical appliances with a 15 years repairability at fair price commitment* spare parts spare parts repair centers in stock references worldwide
Slide 35: Extended repair services
Sie LL Extended repair services ELL oanay Eco-design ] to ease access to reparation x Repairability Warranty extension Self-repair Repair corners Repair packs Technical support 7 _——__——— ££ LF SF fF £ ff fimo
Slide 36: Durability recognized by retailers in SDA
Durability recognized by retailers in SDA —ssssssww \ Repairability pn" dit + lon, Barométre du SAV PNT | Airfryers example FNAC DARTY = SEB Durability : 157 MOULINEX Durability : 149 TEFAL 03 | Durability : 181 | PLAYER 4 | Durability: 95 PLAYER 5 | Durability: 90 — —_ £- SF SF 2 ff ff Jum
Slide 37: Repairability, key pillar in Professional business
§ Repairability, key pillar in Professional business & , Repairability Spare parts availability 8 years Preventive maintenance Worldwide service network, including its own service technicians
Slide 38: Eco-design practice: recyclability
_ q i” es ESG oe LAS SeB £ LE Eco-design practice © CIRCULAR ECONOMY Eco-design 5 eco-design drivers Recyclability ar — _——_ + SF J J Jf Js:
Slide 39: High level of recyclability and support to recycling
Mew £ SL : 2 ESG INVEg Rog i a +39 High level of recyclability © omeuiansconomy and active support to recycling a = .%) Recyclability 2023 =Target 2030 80% Cookware Eee 80% Thanks to endlessly recyclable aluminum Small Domestic 80% High Appliances oO 85% Priorities : plastics & metal recyclability*
Slide 40: Eco-design practice: recycled materials and packaging
. q _ PY : 2 ESGINVESTOR Da@P r2/1dle024 of) Eco-Design practi ce S @ CIRCULARECONOMY 5 eco-design = drivers Recycled materials Eco-packaging = eS es SF SF JA AAsAJAAASs*N¢*AUe
Slide 41: Further increase the use of recycled aluminum
Ss ESG INVESTOR Da 12/12/2024 “41 iB PY by Further increase the use @ cincutar economy of recycled aluminum ay Recycled materials | 65% Most impactful lever among metals — Aluminum: 10% of our direct purchasing & 50% of associated carbon emissions 40% — Up to 90% CO, savings with recycled aluminum A
Slide 42: Acceleration on recycled plastics in our products
+42 Acceleration on recycled plastics © cincuLareconomy in our products ay Recycled materials | 20% 5% 2023 2030 Recycled plastics 2030 targets Act on sourcing & facilitate integration — Upto 70% CO, savings with recycled plastics — Collaboration with suppliers to co-develop new recycled plastics —
Slide 43: Impact reduction with eco packaging
Impact reduction with eco packaging @ cincuar economy i | | Eco-packaging 2023 Target 2030 90% >90% OC cardboard No expanded 90% >95% polystyrene’ @D Noinner 47% 100%** virgin plastic @i bags* * Ranges launched after 2019 excl. SUPOR brand ** Bags with >50% recycled plastic. 7 —_—_—_—— £*- SF fF ff
Slide 44: Eco-design practice: product energy efficiency
- q ‘i py ESG INVESTOR D, oS +44 iB Eco-design practice @ cimcuLaR Economy 5 Product energy efficiency eco-design drivers 7 __—_———< £- LS SF fF J fF Zone
Slide 45: Eco-design, already an active dimension
§ Eco-design, already an active dimension © emeuiarsconomy Embedded in our product Good sales performance development process of “eco-design positioned” products r] v Industrialization Box volume optimization Top 10 20% v in GfK hit list* of category sales RP4 = Production & Launch Full Auto Evidenc
Slide 46: Ambitious targets on eco design
PY a Le 4 A - THe Ambitious targets on eco design @ circurareconomy C) Eco-Design Achieved Maintarget 2023 2030 nd Reeyolability «task 3.9 9 ne epepoute to scope 3 5 47% 100% decarbonization Eco-packaging °° parget a =25% Product energy efficiency *Metal, components and plastic a” eT eS es es ee a
Slide 47: Develop business models on product refurbishment
Fs t i {Ee al i ” Develop business m aa J on produgig bishme =
Slide 48: Refurbish plan, to grow our second-hand business model
§ somefhrol offic iB Refurbish plan, to grow our second-hand business model Industrial operations Building of a new centre of expertise in France Strong learning curve in France, Germany and Spain Clear ambitious sales target by 2030 *Scope: SDA products in FR/BE/NL/IT/IB/GE - Eligible products: €1.
Slide 49: Act for all
Slide 50: Act for All: our 2030/2050 vision
ESG INVESTOR Da 12/12/2024 +50 Act for All Our 2030/2050 vision Be acompany that is inclusive for all, cares for and develops its employees, and is responsible along its value chain everyday lives easier and more enjoyable Make consumers’ & contribute to better living all around the world ACT RESPON
Slide 51: Reinforced responsible purchasing policy
+51 - q * ESG INVESTOR DAW 12/12/2024 as Reinforced responsible purchasing policy | a) iS | High standards Top 500 in responsible suppliers sourcing strategic plan
Slide 52: Commit to the highest standards in responsible sourcing
- q - * ESG INVESTOR DAW 12/\2/2024 Commit to the highest standards in responsible sourcing Purchasing charter coverage 80% coverage of our Direct and Finished Goods suppliers Tier 1 suppliers requested to engage their Tier 2 & Tier 3 suppliers Commitment to no controversial sourcing including confl
Slide 53: Act to engage our strategic suppliers
Ss ey & 4 +53 iB Act to engage our 500 strategic suppliers & cron QED E New specific program set-up, covering 80% of our CO, footprint coming from purchasing Increase suppliers’ social Proactively engage supplier & environmental standards towards decarbonization Train our suppliers and develop their
Slide 54: Ensure products safety standards and inspire changes in consumers' habits
8 compofahe, Ensure products safety standards and inspire changes in consumers’ habits u Ensure consumers safety a Champion healthy, home-made cooking Guide & accompany more sustainable behaviours a a a
Slide 55: Ensure consumer safety
§ £3 ESGINVESTOR DANE 12/18/2024 +55 Ensure consumer safety Quality management system & product security in all Groupe SEB sites (ISO 9001) A robust product recall policy in all geographies Preventive action plan ¥%& Keep high level standards — Maintain 100% entities certified ISO 9001 — Test at eac
Slide 56: Champion healthy, home-made cooking
Champion healthy, #4 ACTFORALL home-made cooking Thanks to our products Cookeo Rice Cooker Conseiation boxes — - eN aol ———— SZ e = 3 ~ @ srerinn Fast Healthier Fresh om ‘ve &easy (-20% carbohydrates) longer @& é Facilitate “Home Cooking” Inspire with Promote Delegation, secure perfect results, thou
Slide 57: Guide and accompany more sustainable behaviours
Guide & accompany # actroraLL more sustainable behaviours 4 Tefat Easy Fry COOK UP TO 50% FASTER Pilot prdject in East Africa Communicate Offer more Develop cleaner on virtuous energy efficient & faster alternative usages alternatives to traditional ways of cooking ak C5ORING Zab [terme ALLIANCE —UK
Slide 58: Act for a better workplace for all employees
Act for a better workplace Employees for all employees e Ca High standard working conditions Health & safety Equal opportunities & development forall 2, ose a Diversity & inclusion
Slide 59: Everyone acts for health & safety
Ss ESG INVESTOR DAW 12/\2/2024 Everyone acts for health & safety a a Health: Safety: Global social protection and Training programs, deployed for working conditions program since both industrial & tertiary sites 2018 (WeCare@Seb) wW Lost Time Injury Rate* continuous improvement over the years Target
Slide 60: Everyone acts for Diversity
Ss ESG INVESTOR DAW 12/\2/2024 Everyone acts for Diversity 2023 2030 2023 2030 Total women managers / % of women in senior total women in the Group positions (top 200 worldwide) % women managers % women in the Group Included in long-term incentive +60
Slide 61: Everyone acts for communities
Everyone acts for communities Fonds Groupe SEB supports philanthropic projects in line with the SDGs from UN Global Compact €3,6m donations in 2023 Annual Charity Week : over the past 10 years with thousands of employees participating on AIREPp © “in eg, Ss a < # poss Lead partner to raise €1m/year
Slide 62: Driving our extra financial performance
Driving our extra financial performance O04
Slide 63: ESG embedded in corporate governance
- q * ESG INVESTOR Da 12/)2)202: ESG embedded in corporate governance... Board of Directors Strategic and ESG Committee approves the ESG strategy Governance and Remuneration Committee defines and monitors ESG incentives Audit and Compliance Committee reviews non-financial information Management Gene
Slide 64: Cross-functional governance for efficient CSRD implementation
allowing for an.efficient implementatio of the CSRD | KRUPS | General Management Committee Sponsorship Cross-functional Governance Business Leadership Sustainable Development Team Finance Function IT Function Responsible for achieving cross-functional goals (including Climate, Resources and Circular
Slide 65: Key ESG KPIs for 2030 roadmap (1/2)
§ f 5 ESG INVE; R Di i) Fy y 4 “65 Key ESG KPIs for 2030 roadmap (2) 2030 TARGET 6 Scopes 1 & 2 emission reduction STI @) =42% (vs 2021) ACT FOR NATURE Scope 3 emission reduction -25% (vs 2021) Water consumption reduction -25% (vs 2021) SDA products repairable (% of sales) >90% 2 Average SDA recycla
Slide 66: Key ESG KPIs for 2030 roadmap (2/2)
§ S36 ESG o£ L oY +66 Key ESG KPIs for 2030 roadmap (2/2) i) 2030 TARGET ACT FOR ALL Responsible purchasing charter Tier 1 coverage 100% SUPPLIERS Key suppliers decarbonization -1.4m tCO, eq. (vs. 2021) CONSUMER Quality management - Entities ISO 9001 certified 100% Workplace accidents (LTIR) @) <0.5
Slide 67: Conclusion
4 q * ESG INVESTOR DAY — 12/12/2024 MM’ 35 V4 ESGI STOR DAY r Conclusion OS
Slide 68: Groupe SEB: a sustainable growth trajectory past, present and future
- q sd ESG eof fe J y SeB , +68 Groupe SEB: a sustainable growth trajectory past, present and future Aclear growth strategy supported by an ESG ambition and roadmap for greater impact and value creation Commitment to sustainable development ACT ACT AS ALEADER ronhaune eee 4 integrated throughout the
Slide 69: Q&A
Slide 70: Listen to the replay
: A t ] 4 ° le, the replay
Slide 71: Key dates 2025
4 q * ESG INVESTOR DAY—12/12/2024 iB Agenda Key dates 2025 23 January After market closes Provisional sales 2024 27 February Before market opens Annual results 2024 24 April After market closes Q1 2025 sales and financial data 20 May 14:30 Annual General Meeting 23 July After market closes H1 2025 s
Slide 72: Contacts
$ ssonvesronoay—raeon n Contacts Analyst/Investor Relations Media Relations Groupe SEB Groupe SEB Image Sept Financial Communication and Investor Relations Corporate Communication Caroline Simon Department Department caroline.simon@image7.fr Raphaél Hoffstetter Guillaume Baron Florence Candianides C
Slide 73: Appendix
lan2i2024 ESG INVESTOR DAY Appendix +73
Slide 74: A recognized ESG performance
- q ~. > A recognized ESG performance International ESG standards Extra-financial rating agencies PLATINUM | Wepp ke) S&P Global sswnarnes MSCI.... © ISS ESG> Sailings DISCLOSURE INSIGHT ACTION \ (Rare Z [eee] 8 ao Aa [an] Climate change CAMEO 48/100 Medium risk /22.1 BBB B- Prime go/i00 | aia oe (2