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20 19 NFR

DEVELOPING A RESPONSIBLE PURCHASING POLICY

APPROACH AND METHODOLOGY

RESULTS

The Group has developed a responsible purchasing policy that has several facets:

→ Use of the sheltered employment sector

→ Selection of responsible service providers and suppliers

To best meet its clients requirements, the ODDO BHF Group uses subcontractors and service providers for activities and functions that are not part of its core business. The Group uses the sheltered employment sector for certain products and services, such as office supplies, catering and printing.

Contracts with service providers and subcontractors are monitored and verified in terms of the following aspects:

→ Compliance with labour laws → Payment of social security

contributions

The Purchasing department incorporates a CSR clause in all tenders. In late 2014, the ODDO BHF Group joined EcoVadis, the first collaborative platform enabling companies to assess the environmental and social performance of their suppliers throughout the world.

This partnership with EcoVadis was continued in 2019 to assess around 40 providers in the purchasing area. The providers to be assessed are chosen on the basis of following criteria: the amount

of suppliers contacted by ODDO BHF were evaluated by EcoVadis in 2019.

PERFORMANCE

ODDO BHF SCA ODDO BHF AG

64% 60%

we spend with the service provider or the quality of the services and products provided. The campaign carried out by the Purchasing department in 2019 covered 47 of the ODDO BHF Group s principal suppliers (42 ODDO BHF SCA, 5 ODDO BHF AG), 30 of which were assessed.

The methodology applied by EcoVadis is based on the analysis and rating of policies, actions and results implemented by our suppliers in four key areas:

Environment / Social / Ethics / Subcontracting

This evaluation ensures that we work with suppliers that perform well in these areas.

The Purchasing department is an active member of ODDO BHF s Sustainable Development Committee , established in March 2019.