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2 INTEGRATED ANNUAL REPORT 2020 ‐ PIERRE FABRE 01 F or the second year in a row, the Pierre Fabre Group is publishing its integrated report, providing an overall view of the way it creates value for everyone. The previous edition looked in detail at the launch of our Transformation Plan for the 2020-2023 period and the formalization of our Purpose: “Every time we care for a single person, we make the whole world better.” This Purpose guided us throughout 2020 and the health crisis that we are facing so that this would not stand in the way of implementing our Transformation Plan. Far from being put on hold, this plan took the form of concrete projects, shining a light on the way in which we combine financial results and extra-financial performance. After all, creating value only has any worth when it is shared by everyone. This second integrated report also pays particular attention to a specific feature of our economic model: our comprehensive approach to health care – prevent, treat, and support. This is a triptych that only a group that is simultaneously committed to therapeutic treatments, natural health and dermo-cosmetics can afford to pursue, in line with the expectations of the world of health, patients and our consumers. Just like last year, this document has been drawn up in close collaboration with the Group’s leaders and its employees, as well as representatives of its stakeholders, forming the Editorial Committee. This joint construction reflects our approach of transparency and sincerity. Eric Ducournau, CEO of the Pierre Fabre Group This document was produced according to the guidelines established by the International Integrated Reporting Council (IIRC). It is also consistent with the results of the materiality analysis carried out by the Group in 2019 for its Declaration of Extra-Financial Performance. Use these icons to navigate the Integrated Report Stakeholders PATIENTS & CONSUMERS HEALTH CARE PROFESSIONALS Pillars of the Transformation MEDICAL & NATURALNESS PORTFOLIO EFFICIENCY Activities MEDICAL CARE DERMO-COSMETICS & PERSONAL CARE EMPLOYEES DIGITAL TECHNOLOGY REGIONS ORGANIZATION