A HUMAN-DRIVEN COMPANY HUMAN RIGHTS IN OUR SUPPLY CHAIN We are aware of the actual and potential human-rights impacts generated throughout our value chain. We are engaged in an ongoing process of human-rights due diligence, progressively taking steps to identify, prioritize, and address salient issues. In our supply base, we recognize our responsibility to make investment and purchasing decisions that support the highest standards in conformity with our corporate policies, and choose to work only with those suppliers who engage with us in this. Our supply base consists of more than 3,000 Our FRAGRANCES & BEAUTY activity has suppliers around the world, split between what over 900 suppliers, 69 percent of which we term “direct procurement” (i.e., finished provide raw materials. 27 percent supply goods, components, and raw materials) and natural raw materials of strategic importance “indirect procurement” (i.e., sales, promotional for the brand, and we have direct access to and marketing materials, such as shopping the origin of such materials. bags and displays). Our WATCHES & FINE JEWELRY activity Our FASHION activity has over 1,400 supply- has 34 suppliers, supplying gold, diamonds, chain partners, 69 percent of which supply and other precious stones. For indirect finished goods, and the majority of which are procurement of customer-related items, based in Europe (France and Italy). we have over 670 suppliers.
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