Saint-Gobain // Universal Registration Document 2021

Message from Pierre-André de Chalendar Chairman of the Board of Directors of Saint-Gobain Governance, strategy, social and environmental commitment: in 2021, Saint-Gobain opened a new chapter in its history and achieved a historic performance that I would like to salute here. Our Group has once again demonstrated its resilience and its unwavering ability to reinvent itself. This performance is the result of the ever-renewed commitment of Saint-Gobain teams on all continents, around an ambitious and demanding purpose. It is also the translation of a consistent strategy and a clear vision; finally, it is the result of a historical culture of transmission, based on trust and empowerment of all. With such assets, the Group is ready to pursue profitable and sustainable growth. As Chairman of the Board of Directors, I am delighted by this for our employees, for our customers and for all our stakeholders. The 2021 figures, announced on February 24, h i gh l i gh t Sa i n t -Goba i n ’ s f i nanc i a l performance as well as its progress in terms of corporate social responsibility. These results open a new page in the Group’s history, and build on the profound and successful transformation of the company, initiated at the end of 2018 through the Transform & Grow plan. They also reflect Saint-Gobain’s determination to create value by taking into account, more than ever, the interests of all its stakeholders. Guided by the strength of its purpose, Making the World a Better Home, the Group has a unique business model that combines profitable performance and contribution to sustainable development. The non-financial key performance indicators show strong environmental and social progress in 2021, enabling Saint-Gobain to reduce its footprint while maximizing its positive impact across its entire value chain. I would like to remind you that the Group, which had already announced its target to reduce its CO2 emissions by 20% between 2010 and 2025, is committed to achieving the target of “net zero emissions” by 2050. The Board of Directors is pleased with this progress as well as with this strategy implemented by Senior Management. In this respect, I am pleased with the Board’s decision to follow my proposition and appoint Benoit Bazin to succeed me as Chief Executive Officer. This transition reflects Saint-Gobain’s image; it underlines its trust in talent and its commitment to the transmission of its values and vision. I am also delighted by the quality of the collaboration between the Group’s governance bodies and within its Board of Directors, whose work benefits from the broad international experience and diversity of its members, keeping with Saint-Gobain’s global dimension and diversity. The Board of Directors is thus very confident in the Group’s ability to fully achieve its growth and development objectives in 2022 and well beyond. Saint-Gobain has a unique business model that combines profitable performance and contribution to sustainable development.