Communicating with stakeholders

OVERVIEW

Dialogue with stakeholders

The sustainability strategy of Prysmian is founded on continuous dialogue with our stakeholders (customers, suppliers, universities and research centers, investors and trade unions). We aim to develop a relationship of trust and transparency in an ongoing process during the many multi-stakeholder engagement events we organize throughout the year. These events help us to identify the needs, problems and expectations of stakeholders and subsequently integrate them into the Group’s strategy. These events also generate new ideas for improvements that lead to product and process innovation. Stakeholders are invited to give their feedback on the main impacts (positive and/or negative) of the Group’s activities throughout the Prysmian value chain, including additional new actions that the Group may implement to contribute to sustainable development. We also assess and prioritize stakeholders’ views on sustainability by carrying out a structured survey to be used to develop our materiality analysis.

Sustainability Week

Sustainability Week on June 27-29, 2023 featured over 28 events located in Europe, North America, Latin America, the Middle East, China, and Oceania-South East Asia dedicated to receiving feedback on our sustainability strategy. These events spotlighted regional CEOs and Sustainability Ambassadors, local leadership and stakeholders, in the regions’ language for a greater engagement.

INVESTORS

Dialogue with financial stakeholders

Prysmian’s policy of strategic and financial communication is carried out with the highest standards of accuracy, clarity and transparency. Actions and procedures are designed to provide the market with credible information about the business, with a view to boosting confidence in the company and facilitating a long-term approach to investment in our shares. Prysmian organizes conference calls to discuss its quarterly earnings with institutional investors and financial analysts, also inviting specialist media representatives to take part. In addition, the Company promptly informs existing and potential shareholders about any action or decision that could have a material impact on their investment. Relations with the financial market were intense during 2023, with more than 500 conference calls and one-on-one or group sessions. Some were held virtually, while others were held in person at the parent company’s Milan headquarters and in the world’s main financial centres such as London, Paris, New York, Sydney and Milan. Prysmian also participated in numerous industry conferences organised by leading international brokers, as well as in road shows and topic-specific events focused, for example, on Energy Transition, Digitalisation, Innovation and Sustainability. The ever-increasing attention paid by ESG investors to environmental, social and governance matters was further confirmed by their growing attendance at meetings and conferences held specifically for them .

The company has also in place a continuous engagement process with its current and potential shareholders with the aim of nurturing an open dialogue and align expectations. The engagement is focused not only on business developments, but also on governance and social aspects.

There are 19 financial analysts who regularly cover the Prysmian stock.

500

conference calls or one-on-one or group sessions

19

offices of independent agencies monitor Prysmian's stock