---

The company's code of ethics covers subcontractors and provides evidence of compliance for the same.

URD 2019, pg. 88

"Code of Ethics

Kering’s approach to responsibility with regard to stakeholders is shaped by the principles set out in its Code of Ethics, and by a strong determination to implement these principles internally and externally. The Code of Ethics, which includes the Suppliers’ Charter, setting out what is expected of all Kering suppliers, forms the cornerstone of the commitment taken by Kering, its Houses and its suppliers, especially with regard to human rights, fundamental freedoms, human health and safety, and the environment. Suppliers are required to abide by these principles themselves and to extend these requirements to their own suppliers and subcontractors"

pg. 90

"supplier database: All Kering’s Houses have access to a common supplier database. At the end of 2019, this database listed 4,243 suppliers; for 2019, the supply chain audit and security teams carried out a total of 3,441 audits."

pg. 91

"Kering group supply chains

-Human rights and fundamental freedoms

Indicators

Number of third - party due diligence procedures in 2019: more than 60,000(1)

Supplier compliance monitoring in 2019:

89% of suppliers audited wholly or partially compliant

-Individual health and safety

Indicators

Supplier compliance monitoring in 2019:

89% of suppliers audited wholly or partially compliant

-Environment

Indicators

Environmental Profit & Loss account (EP&L) – Tiers 1 to 4: €455.6m

11.7% reduction in EP&L intensity from 2015 to 2018 (Tiers 1 to 4)

15.6% reduction in carbon intensity from 2015 to 2018(Tiers 1 to 4)

(greenhouse gas emissions/gross margin)

Measurement and regulation of carbon footprint,

EP&L 2018 results published in 2019: greenhouse gases account for 32% of supply chain impacts (Tiers 1 to 4)"