ENABLING EARTH AND MANKIND TO PRODUCE THE BEST

ENABLING EARTH

AND MANKIND

TO PRODUCE

THE BEST

CSR REPORT - 2018Extra-Financial Performance Report

CSR REPORT - EFPR 2018 ENABLING EARTH AND MANKIND TO PRODUCE THE BEST

EditorialPAGE 05

Enabling Earth and Mankindto produce the best

PAGE 06

Business modelsPAGE 14

Innovation and R&DPAGE 32

Internationalindustrial power

PAGE 40

A local sales forceand close partnerships

PAGE 48

Collective humanenergy

PAGE 56

MethodologyPAGE 64

SÉBASTIEN CHAUFFAUTEXECUTIVE BOARD PRESIDENT


While Corporate Social Responsibility

(CSR) has become a very popular

communication tool in a lot of

companies, the Groupe Roullier has

been committed to this approach

since 1959, with the processing of

mineral materials of natural origin.

The experience we have gained throughout the years has led us

to bolster our management of environmental, societal and social

risks.

Thanks to our 8,000 employees, the company can grow based

on a shared vision: “Enabling Earth and Mankind to produce the

best.”

Our CSR approach is fully in line with this ambition. For our

collective success, we base this approach on our four pillars:

innovation for our clients, environmentally-friendly international

industrial strength, sales teams working as closely as possible with

clients, and social capital.

This report presents the status of the Groupe Roullier’s current

activities with regard to CSR, but it primarily represents a founding

act demonstrating a desire to transfer knowledge for the benefit

of future generations in order to help structure a truly ethical and

sustainable approach.

Enabling us all to be stakeholders and proudly work for a

responsible and forward-looking company.

04 05


06 07

THE VISION AND ACTIVITIESOF THE GROUPE ROULLIER

To tackle the nutritional challengesof today and tomorrow.

OUR ROOTS SERVINGSUSTAINABLE AGRICULTURE

A responsible approach in linewith the Group’s history.

INNOVATION TO UNVEILTHE BENEFITS OF NATURE

It is in the Groupe Roullier’s spiritto keep pushing further and further.

ENABLING EARTHAND MANKINDTO PRODUCE

THE BEST

Innovation and R&Dfor successful and sustainable

agriculture

An internationalindustrial power

with safety and environmental requirements

A local sales forceand close partnerships

enablinglocalised action

Collective humanenergy

for collectiveprogress


08 09

GROUP VISION GROUP ACTIVITIES

KEY FIGURES

“OUR HISTORY IS BASED

ON OUR ABILITY TO

OVERCOME OBSTACLES

AND TRANSFORM THEM

INTO OPPORTUNITIES.

THE INDEPENDENCE WE

GIVE OUR EMPLOYEES IS

THE FERTILE GROUND IN

WHICH WE CULTIVATE

OUR PASSION WITH A

SENSE OF COMMITMENT,

ALLOWING US TO HEAD

INTO THE FUTURE

WITH AMBITION.”

HOLDING

OUR AMBITION FOCUSESON 4 STRATEGIC

PILLARS

As a major player and visionary in Plant and Animal Nutrition with a presence in the Agri-food industry, the Groupe Roullier develops its skills and expertise in service of its vision: Enabling Earth and Mankind to produce the best.

This mission is guided by 3 working principles that make up the Group’s ethics and compliance policy: respect, responsibility and integrity. Remaining faithful to its original values, the Groupe Roullier places human capital and entrepreneurial spirit at the heart of everything it does.

While fertilisers make up over a third of turnover, the Group also has a portfolio comprised of diverse activities, including a number of industrial products and services and an Agri-food division.

Sébastien Chauffaut,Executive Board President

AGROSUPPLIESCalcium supplements

Mineral, organicand water-soluble fertilisers

Biostimulants for root and leaf growthLiquid fertilisers

Fertiliser supplements

PHOSPHATESFeed phosphates

MAGNESIUMIndustrial magnesium

Agricultural magnesiumRefractory magnesium

INDUSTRIALPRODUCTS AND

SOLUTIONSMarine and land carbonate,

salt, urea, algae…

PLANT NUTRITION FOR THE GENERAL

PUBLICPLASTICS

Packaging from 15 ml to 1,000 l

AGRI-FOOD INDUSTRYCake-based specialities

(Madeleines - Pound cakes)

OTHER ACTIVITIESRenewable energiesMaritime Activities

+120employees dedicated

to innovation

96production

units

2 B€consolidated turnover

68% of which is outside France

8 000employees

(Excluding temporary workers and interns)

4,8millions of tonnes of

finished products sold

131countries in which

products are marketed

22

3

1

12

3

3

9 45 1

6 4

9

1220

1

1

2

1

112

6 AGRI-FOOD INDUSTRY

2 INDUSTRIAL PRODUCTSAND SOLUTIONS

2 MAGNESIUM

6 PHOSPHATES

75 AGROSUPPLIES*

96 PRODUCTION UNITS :

1 PLANT NUTRITIONFOR THE GENERAL PUBLIC

4 PLASTICS

BELGIUM

IRELAND

PORTUGAL

URUGUAY

MOROCCO

TUNISIA

FRANCE

AUSTRIA

ITALY

USA

CANADA

BRAZIL

SPAIN

PERU

SERBIA

UNITEDARAB

EMIRATES

*Including the Falua wine estate production unit in Portugal


10 11

OUR ROOTS SERVING SUSTAINABLE AGRICULTURE FACILITIES

INDUSTRIAL ESTABLISHMENTS:THE WORLD IN PERSPECTIVE

1959Creation of the Group

1972Construction of the first

granulation factory,“Quai Intérieur”,

in Saint-Malo

1975Diversification to include

Feed Phosphates with the establishment of the phosphates

factory in the Saint-Maloindustrial district

1979Increased globalisation

of the Group in agrosupplies, with 12 factories acquired

worldwide

1988Plastics activities begin

1989Diversification

of the Group in theAgri-food industry

Established by Daniel Roullier, the Groupe Roullier is a family-owned independent group. Born on the quays of Saint-Malo in 1959 when it acquired a deposit of calcareous algae, maerl, which improves the pH of acidic soils. Based on its marine-based raw materials, the Group very quickly developed its specialisation towards the optimisation of plant nutrition. To nourish and protect humans, animals, soils and plants, the company has held the belief since its very beginnings that it must find technological, natural and sustainable solutions to do so. This is a conviction that drives the Group forward in all of its innovations and which shapes its current course.

22

3

1

12

3

3

9 45 1

6 4

9

1220

1

1

2

1

112

6 AGRI-FOOD INDUSTRY

2 INDUSTRIAL PRODUCTSAND SOLUTIONS

2 MAGNESIUM

6 PHOSPHATES

75 AGROSUPPLIES*

96 PRODUCTION UNITS :

1 PLANT NUTRITIONFOR THE GENERAL PUBLIC

4 PLASTICS

BELGIUM

IRELAND

PORTUGAL

URUGUAY

MOROCCO

TUNISIA

FRANCE

AUSTRIA

ITALY

USA

CANADA

BRAZIL

SPAIN

PERU

SERBIA

UNITEDARAB

EMIRATES

*Including the Falua wine estate production unit in Portugal

1997International development of the Group with the acquisition of a factory in Rio Grande, Brazil

2000Diversification intoMagnesium with theacquisition of a mineand factory in Spain

2004Acquisition of the Pischelsdorf agrosupplies factory (Austria), which opened the door tothe CEEC zone

2005Opening of CERA (Centre d’Etudes et de Recherches Appliquées ) in Dinard with the creation of a pilot plant

2015Opening of the CentreMondial de l'InnovationRoullier in Saint-Malo

2018Launch of the INNOVABIOby TIMAC AGROactivity for organicagricultural producers

THE GROUP’S

DEVELOPMENT

FOCUSES ON AN

AMBITIOUS AND

CONTROLLED GROWTH

STRATEGY, BASED

ON A LOCAL DYNAMIC

AT EACH ESTABLISHMENT.

Milestones in the Group's development


12

INNOVATIONTO UNVEIL THE BENEFITS

OF NATURE

The Centre Mondial de l’Innovation Roullier (CMI)

Created in 2015, the CMI Roullier is a unique location in Saint-Malo in Brittany, close to the Group’s headquarters. Bringing together all functions related to innovation in one place makes it possible to develop highly technical products to meet the needs of crops and species on every continent and to speed up their time to market.

The CMI Roullier is based around two large research centres for plant nutrition and animal nutrition.

The aim of the plant nutrition centre is to create and design the fertilisers and soil improvers of tomorrow. An international team of doctors in chemistry, biochemistry, molecular

biology and microbiology, along with agricultural engineers, work in collaboration with universities and institutes worldwide on a number of projects pertaining to the specific characteristics of our products. This work has been the subject of several patents and scientific publications.

The aim of the animal nutrition division is to have expertise covering all species and breeders.

Engineers and doctors in chemical formulation for animal nutrition work on the implementation of new-generation active ingredients designed for ruminants, monogastric animals and aquaculture.

Partnerships have regularly increased in number ever since the opening of the CMI Roullier,

including long-term partnerships in France, Europe, South America, North America and Asia.

Partnerships with universitiesand institutes

To be able to respond to the challenges facing the agriculture of the future, the Groupe Roullier has two structures devoted to innovation: the CMI (Centre Mondial de l'Innovation Roullier) and the CERA (Centre for Applied Studies and Research).

+120employees dedicated

to innovation

+120active partnerships

with universities

5 000 M2

of dedicated research facilities

5greenhouses over 1,200 m2

THE CMI ROULLIER HASSTATE-OF-THE-ART FACILITIES

2 R&D AND DEVELOPMENT DIVISION LABORATORIES(25,000 samples/year and 140,000 analyses/year)

2 LPC(Laboratory of Physico-Chemical analyses)

AND LMH TEST CENTRES(COFRAC N0 1-1308 accredited and AFNOR member

Health and Microbiology Laboratory)

1 PHENOTYPING GREENHOUSEwith capacity for 3,000 plants

A MASS SPECTROMETER,

TWO ARTIFICIAL RUMENS,

A DIGESTER, ETC…

IDENTIFICATION

OUR INNOVATIONPROCESS

INDUSTRIALTESTING

RESEARCHING ACTIVE COMPONENTS

CHEMICAL PROPERTIES

EXPERIMENTALFARMS

FORMULATING SOLUTIONS

PHYSICAL PROPERTIES

EXPERIMENTATION

ARTIFICIAL RUMENS AND DIGESTERS

GROWTH CHAMBERS AND GREENHOUSES

PARTNERSHIP UNIVERSITIES, TECHNICAL INSTITUTES

FIELDTRIALS

ASSESSMENT ON FARMS

13

The Group’s Centre forApplied Studies and Research (CERA)

The CERA was created in 2005 and is based in Dinard. It embodies the Group’s desire to bring together our collective expertise in industrial pro-cess research, using these improved processes to aid our operatives and enhance synergy between teams.

The only one of its kind in the world, the Centre’s facilities include an analysis laboratory and an inte-grated pilot plant — an adjustable 1/30 scale replica of a production facility.


14 15GROUPBUSINESSMODELS

AGROSUPPLIES

PHOSPHATES

MAGNESIUM

AGRI-FOOD INDUSTRY

PLASTICS

PLANT NUTRITIONFOR THE GENERAL PUBLIC

RENEWABLE ENERGY

INDUSTRIAL PRODUCTSAND SOLUTIONS

MARITIME ACTIVITIES

15


16 17

AGROSUPPLIES SUCCESSFULAND SUSTAINABLE

AGRICULTURE

+120 EMPLOYEES DEDICATEDTO RESEARCH

A longstanding area of activityfor the Groupe Roullier, Agrosupplies

are the domain of TIMAC AGRO,the industrial and commercial subsidiary

specialising in soil improvement,and Plant and Animal Nutrition.

R&D dedicated to plants,soil and animals

With our investment in research and development,we aim to develop state-of-the-art solutions to respond to the needs

of our customers while preserving and respecting natural cycles.

It relies on a powerful network of agronomistsand researchers from the CMI Roullier and the CERA.

The industrial strengthto healthily feed the world

TIMAC AGRO’s goal is to develop modern and flexible tools.It relies on a significant local production network.

A range of productswith high added value

A wide variety of products is offered to meet the specific needs of all farms,soils and crops, in all climatic conditions. Our production consistsof unique technical solutions and conventional products.

A unique marketing model basedon proximity, with expertise and a

strong presence in the field

Thanks to a network of 2,400 technical sales agents (TSAs) around the world,TIMAC AGRO provides tailored advice to farmers

that is specifically suited to each area.

Supply of nutritional elementsThe main organic and mineral raw materials come

from 27 supply countries.

+70countries in which products

are marketed through 39 subsidiaries

Our objectives and prospectsOptimising the quality of farmers' yields and investments.

Developing the support and advice of our Regional Directors (RD)and our TSAs alongside distributors and farmers.

Leading research into innovative solutions specifically suited to the characteristicsof each type of soil, plant and livestock in order to meet farmers’ specific needs.

8 à 10 visits/dayto farmer

74production

units

15 granulation plants: material mixing, grinding, drying, granulation, cooling, screening, storage.

26 mixing units: purchase of finished products,mixing, packing, storage.

The average capacity per factory is 250,000 tonnes.

Research and Development

Profile

Manufacturing

Products sold

Marketing

Supply

RAW MATERIALSSOURCED FROM THE LAND AND THE SEA

Transport

FIELD DATAMANAGEMENT

INDUSTRIALPROCESSING

Adaptedsolutions

2 400 Sales

representativesProduction

plants

Plantnutrition

Animalnutrition

20 000farmers visited every day

Partnerships distributors

5,700employees

20,000farmers visited every day

around the world


18 19

PHOSPHATES WELL-BEINGAND PRODUCTIVITY

OF LIVESTOCK

As a global expert in phosphatessolutions for Animal Nutrition, Phosphea

produces and markets mineral rawmaterials which meet the needsof ruminants, pigs, poultry, etc.

throughout their life cycles.

Phosphea provides unique expertise and tailored solutionsto animal nutrition manufacturers. These requirements draw on nutrition experts,

a quality and regulatory department, the CMI Roullier with 6 researchers dedicatedto the Phosphates activity, and partnerships with external research centres.

CERA also develops and improves products(heat test, granulation, etc.).

A certified industrial processAs a processer, Phosphea is ISO 9001and FCA certified for all production sites.

Formula tailored to individual requirementsPhosphea develops diverse ranges

suited to the specific industry requirements of each customer:

• A range of distinctive products such as NEOPHOS, an exclusive calcium-sodium formula and MAG26, a unique combination of phosphorous and magnesium.

• A range of calcium phosphate products: MCP, MDCP, DCP

A business model basedon direct sales to the end customer

Phosphea’s organisational structure is based on proximityto its customers and targeted technical support.

MAIN CUSTOMERS

• Industrial compound feed manufacturers

• Industrial Premix manufacturers (mixture without cereals)

• Ore sectors

The main raw materials are made upof phosphoric acid (60% of sales)

and calcium sources.

37storage locations

Our objectives and prospectsSecuring our position as a leader on our markets.

Continuing our international development.

Achieving industrial, logistical and HSE excellence.

Supporting the needs of our customers with the developmentof products with high added value.

6production units

Phosphoric acid heating

Reaction with a calcium source

Granulation

Drying

Storage

The total annual production capacity is 770,000 tonnes.


Manufacturing

Products sold

Marketing

Supply

Over 40 years of experiencein innovative solutions

99countries in which products

are marketed

380employees

Profile

Our objectives and prospectsInnovation focused on optimising the efficiency of our products and the development

of new applications for Animal Nutrition, Plant Nutrition, the steel industry and the environment.

Becoming a global benchmark as a vertically integrated producer of solutionsbased on magnesium oxide for the steel industry.

Improving customer service and optimising our supply chains.

Intensifying our international development.

A model for our customers that is unique in the world.


20 21

MAGNESIUM CONTROLLINGTHE MAGNESIUM

PRODUCTIONCHAIN

Over the years, the Groupe Roullierhas formed a division of expertise

on magnesium production and trading.These different companies cover

agricultural, industrial and refractoryapplications.

With a solid approach based on 60 years of expertisein the development of products, the Groupe Roullier provides extensive

services combining longstanding knowledge with technologicaland scientific advancements.

Research and development relies on the Group’s CMI and the CERA.

High internal production capacityThe Group controls the activity’s entire production chain

from extraction to processing.

An offer based on the needfor all types of magnesium

Two types of products are manufactured for refractory,agricultural and industrial applications:

• CCM (Caustic Calcined Magnesia) for agricultural purposes (AN or PN) or industrial purposes (abrasive, cement, etc.).

• DBM (Dead Burnt Magnesia): product that goes into the manufacture of refractory mass for iron and steel applications.

Our teams’ expertise:listening to our customers

With a global presence, sales teams are able to evaluate the precise needsof their customers exactly where they are. This approach allows them to provide

tailored products in line with the specifications established by the customer.

MAIN CUSTOMERS

• FOR TIMAB: pre-mixer or mineral manufacturers, animal nutrition manufacturers, agricultural cooperatives and other industrial manufacturers implementing magnesium in their processes.

• FOR MAGNA: steel manufacturers (85 %).

• FOR MAGNESIUM DO BRASIL: distributors or processors.

MANUFACTURING PROCESS:Rock extraction, washing, heating (calcination) in horizontal furnaces with heat exchangers (Spain) or in vertical furnaces (Brazil), cooling, storage.

• For the production of CCM: heating between 700° and 1,000 °C.• For the production of DBM: heating between 1,600° and 1,800 °C.

The quality and safety of supplies are prioritiesfor the Group. The main materials are made up

of CCM (caustic calcined magnesia),for magnesium chloride and magnesiumhydroxide and originate from around ten different

supply countries.

Magnesium do Brasilis a joint venture

The total annual production capacity is 285,000 tonnes.over 1 million tonnes of minerals are extracted each year.

Manufacturing

Products sold

Marketing

Supply

Innovation at the heartof our activities

3mines for magnesium carbonate

2 in Spain and 1 in Brazil

590employees

2production units;1 in Spain and

1 in Brazil

Profile


TRADING

PRODUCTION


22 23

AGRI-FOOD INDUSTRY HEALTHYAND DELICIOUS

FOOD

The Agri-food subsidiariesPâtisseries Gourmandes and

Maison Colibri combine craftsmanshipand industrial production to be ableto offer pastries perfect for breakfastand snacking. With one objective:

coming up with characteristically Frenchproducts that reflect the Group'scommitment to developing localresources, based on sustainable

agriculture.

Improving the nutritionalprofile of products

The internal research & development department aims to constantly improvethe nutritional profile of products and how natural they are (avoiding additives,

preservatives, colourings, artificial flavourings, flavour enhancers, etc.),while taking food intolerances into account. Innovation is at the heart

of this area of activity, whether that involves recipes,packaging or manufacturing processes.

Production quality and safetyThroughout the manufacturing chain, right up to shipping, products are subject

to regular quality controls with transparency of processes and labelling.

In terms of packaging, the production facilities meet all market expectations:pre-sliced cakes, fresh packaging or easy-to-open packaging, etc.

The majority of productsare sold through large retailers

A key player in the French pastry industryA range of cakes and sweet treats is available to consumers in single unit or multi-pack packaging.

Pâtisseries Gourmandes:Customer catchment area: France, 5 % exports

80 % of products are sold throughlarge retailers (retailer or own brands).

51 % of volumes are marketed under

its own brand in supermarkets and via other means,such as vending machines.

Pâtisseries Gourmandes:Sharing cakes, individual cakes, biscuits. 50,000 tonnes of products are marketed each year across 3 brands:Ker Cadélac, Un Gourmand à Paris and Pâtisserie Tradition.

Maison Colibri:Customer catchment area: throughout France.

4 % exports: Italy, USA, South Korea.

The majority of products are soldthrough large retailers

15 % of volumes are marketed underits own brand (11 product references)

and 85 % are transfers

Maison Colibri:Pastries with 11 flagship products including madeleines, financiers, brownies and cakes.2,000 tonnes of productsare marketed.

A preference for material suppliesof French origin

Main raw materials: butter, flour, sugar, eggs, oil (no palm oil). Rapeseed oil,which is naturally rich in Omega 3 and comes primarily from French producers,is preferred. Large quantity purchases (flour, eggs, sugar) for the 2 companies

are centralised by Pâtisseries Gourmandes.


Manufacturing

Products sold

Marketing

Supply

MANUFACTURING PROCESS:Mixture of raw materials - quantities - cooking - turning out coolingpackaging - storage, sending to logistics platforms.There are few buffer stocks (short use-by dates).

Pâtisseries Gourmandes

Developing new productsfor other consumption patterns.

Developing internationally.

Maison Colibri

Large retailers in France.

Premium and organic positioning.

Our objectives and prospectsDeveloping products under own brands.

Increasing distribution networks.

5production units in Brittany

1production units in Aquitaine

520employees

70employees

Profile


24 25

PLASTICS SPECIALIST INTHE PROCESSING

OF PLASTICSMATERIALS

The Group packaging divisionspecialises in the design and

manufacture of industrial plastic injectionpackaging and extrusion blow-moldingpackaging, and is led by the subsidiary

Agriplas-Sotralentz Packaging.

Constantly seeking innovation Agriplas-Sotralentz Packaging develops, from design to manufacture,

tailored packaging (bottles, canisters, jerry cans, barrels, kegs, containers)to respond to increasingly sophisticated markets. A test centre comprisingdesigners and engineers, designs and provides ergonomic packaging

of different colours and other types of packaging for within European.

An eco-friendly approach is also on offer via solutionsfor collecting and recycling containers (IBCs) in Europe.

Safety and qualityThe manufacturing process is extrusion blow-molding or injection.

Certified "UN", the industrial packaging complies with UN recommendationsand meets ADR/RID/IMDG regulations in force.

Agriplas-Sotralentz Packaging has an internal laboratoryto carry out “UN” certification tests.

The most extensive range on the marketAgriplas-Sotralentz Packaging offers an extensive range of over 1,000 products,

including all sizes of bottles, canisters, pots, barrels, kegs and IBCswith capacities ranging from 15 ml to 1,000 litres.

Products using plasma barrier treatmentare completely recyclable.

Industrial and bespoke marketsAgriplas-Sotralentz Packaging is active on over ten different markets of industrial customers:

agri-food industry, construction, cosmetics, leisure, medical, phytosanitary, buildings,chemical, detergency, lubricants, pharmaceutical, etc.

The customer catchment area is 70 % in France and 30 % exports,in particular to Benelux, Switzerland, Austria and Germany.

Supply of raw materialsThe main raw materials (25,000 tonnes/year)

are mainly made up of HDPE.

Our objectives and prospectsDeveloping a product range from recycled materials.

New product design.

Developing locations and extending the customer catchment area.

377

Blow-molding machines

Injection machines

Approximately

90 %of products

certified “UN”


Profile

Manufacturing

Products sold

Marketing

Supply

3production units

in France

200employees

4produc-tion units

10 000truckloads/year

*UN approval of transport packaging.

Our objectives and prospectsDeveloping technologies that are compatible

with other fuels in collaboration with the CERA and the ADEME.

Developing exports to: Switzerland, Spain, Eastern Europe.

Improving energy efficiency and reducing greenhouse gases.

Our objectives and prospectsDeveloping products that can be used in organic farming and/or biocontrol,

as well as alternative solutions in partnership with the CMI Roullier.

Developing online sales.

Launching products under own brands.

Increasing distribution networks.


26 27

PLANT NUTRITION FOR THE GENERAL PUBLIC

RENEWABLEENERGY

EXPERT PARTNERFOR THE GARDEN

THE BENCHMARKFOR WOOD FUEL

Florendi manufactures, packagesand markets Plant Nutrition productsfor traditional distribution channelsand garden product manufacturers.

Weiss designs, manufacturesand installs biomass boilers for industrial,

tertiary and agricultural buildings,heating networks, etc.

WEISS primarily works on proposinginnovative solutions to its customers

which not only comply with but often surpass safety and environmentalstandards, in particular concerning the release of fumes into the atmosphere.

There are a number of partnerships with the CERAand the University of Lorraine.

WEISS proposes a range of wood-burningboilers from 500 kW to 15 MW.

They have a life cycle of 20 years. The service divisionprovides on-site maintenance services.

Florendi manufactures and marketsfertiliser solutions with high added value

from Groupe Roullier.

Manufacturing of boilersis sub-contracted in Poland

and France.

75 % of turnover in Franceand 25 % from exports.

B2B sales with large companies and industries.Marketed based on private or public bids.

Florendi manufactures and packagesPlant Nutrition products ranging from

100 ml bottles to 20 kg bags.

FLORENDI GRAND PUBLIC:Garden products for traditional distribution.

FLORENDI PROFESSIONAL®:Tailor-made solutions for plant nutrition and healthfor professional and amateur gardeners.

FLORENDI INNOVATION®:Innovative concepts based on the plant and marine expertise of the Groupe Roullier.

• Test centre

• Sub-contracting manufacturing

• Installation

• Maintenance

OrganisationResearch and Development

Manufacturing

Activities

SupplySupply

Products sold

Products sold

Profile Profile

Marketing Marketing

This is based on three pillars:• The operational segment with production and logistics teams.

• “Partner” roles made up of the purchasing, regulatory, management and communication departments.

• The segment dedicated to development: sales and marketing.

1 1production unitsin France

test and maintenance centre in France38

employees35employees

7packaging lines

10 000 m2of storage

Our objectives and prospectsDeveloping alternative products from natural solutions for Animal Nutrition,

cosmetics and nutritional health.

R&D with the CMI Roullier.

Developing internationally.

Implementing new industrial processes with the CERA.


28 29

INDUSTRIAL PRODUCTSAND SOLUTIONS

INTERNATIONALSPECIALIST FOR

MANUFACTURERS

NUWEN responds to the globalchallenges of various industrial

sectors through the processing andtrading of mineral raw minerals

and algae-based products.

The creation of precision productsThe Quality approach and constant research into new productsmake it possible to respond more effectively to the expectations

of different markets.

R&D, centred around the creation of precision products,is based at the CMI Roullier, the Centre for Applied Research and Studies,

and the internal Laboratory of Physico-Chemical Analyses in order to monitorthe quality of products and innovation projects.

A local networkWith a presence in France and internationally, sales representatives

have established local networks with customers in the field.

Sales are B2B with a global customer catchment area.

60 % of turnover from cosmetic products and nutritionalhealth products comes from exports.

Main rawmaterials:


Profile

Manufacturing

Products sold

Marketing

Supply

• Algae: from France, Ireland, Scotland Norway, Iceland, Chile, Canada, Spain.

• Lithothamnion (fossilised algae): various deposits in Iceland and Norway.

• Salt and urea: purchased in Europe.

• Calcium carbonate: extracted from an internal Group quarry.

Manufacturing process: • Processing of algae: harvesting algae (sub-contracted), drying, grinding, mixing, extraction, packaging.

• Calcium carbonate: extraction, grinding, drying, screening, storage

Products for well-being,nutrition and the environment.From everyday consumables to a full range of specialities,

NUWEN has a wide range of products on offer:

• Algae-based products: products for Animal Nutrition, Plant Nutrition and Human nutrition, aquaculture, pet food and cosmetics.

• Calcium carbonate: products for Animal Nutrition and Plant Nutrition, as well as industrial products.

• Salt and urea: direct resale to manufacturers without processing.

400,000 tonnes are sold each year, 2,500 tonnesof which are algae-based products.

2 productionunits 1calcium carbonate

quarry in France80employees

81countries delivered

by containers

Our objectives and prospectsContinuing studies to limit our potential impact on the marine environment.

Guaranteeing regulatory stability of the activity by workingwith professional organisations.


30 31

MARITIMEACTIVITIES

MARITIMEACTIVITIES

FRENCHSAND-DREDGING

GLOBAL PLAYER INMARITIME TRANSPORT

The CANCompagnie Armoricaine de Navigationoperates limestone sand concessions,

referred to as marine calcium, onthe northern coasts of Brittany, andsiliceous sand concessions in

the Atlantic. The vessel is also involvedin maritime construction works.

LDA ROULLIER is a joint venture between the Groupe Roullier and Louis Dreyfus Armateurs,

a French family group in maritimeservices and transport.

The CAN develops technical expertise and is constantly involved in improving knowledge and skills in the area of handling the

effects of extractions in marine environments.

The CAN makes use of raw materials intended for the agriculturalsector and the construction sector. These raw materials

are marine calcium and siliceous sand.

Marine calcium for the GroupSiliceous sand for the construction sector

Sub-contracting for other shipping companies.

One-off responses to public tenders.

Collection, transport and unloading of the raw material.Re-sanding of beaches and dredging.

LIMESTONE SAND:The Compagnie Armoricaine de Navigation extracts marine calcium off of the northern coasts of Brittany.It currently has three concessions.

SILICEOUS SAND:Siliceous sands have the same characteristicsas sands from land quarries.They are thus used in the manufacture of concrete.

MARITIME WORKS:Re-sanding of beaches, works on oyster farms,port dredging, etc.

Research and Development Supply

Profile Profile

Marketing

Through strategic diversification towards maritime activitieswith high added value, LDA ROULLIER provides its customers tailor-made

industrial maritime solutions.

• 4 handysize bulk carrier vessels 180 m in length: La Guimorais, La Landriais, La Briantais and La Richardais

• Mineral transport (except cement, oil and nickel), of agricultural and wood products.

LDA ROULLIER’s clientele consistsof around 20 customers,

and is characterised by loyalty in terms of commercialrelationships. Customers are mainly located in New Caledonia,

China and New Zealand.

Activities

Marketing

Activities

16employees

11,200 m3 boat, the “Côtes de Bretagne” 4 BOATSPAVILLON VALETTA

(Malta)

4concessionsin France


32 33

R&DINNOVATION

PILLAR - 1

AREAS OF RESEARCHRespect natural cycles

and provide the correct dose.

RELATIONSHIPSWITH STAKEHOLDERS

Anticipate and meet the expectationsof both farmers and society.

INTEGRATION OF BIODIVERSITYRespect and be inspired by natureto create sustainable production.

QUALITY AND SAFETY OF PRODUCTSStringent processes, monitoring and assessments.

CIRCULAR ECONOMY AND RECYCLINGTurn waste into new materials.

34 35

INNOVATION AND R&DFOR SUCCESSFUL AND SUSTAINABLE

AGRICULTURE

Areas of research

The Groupe Roullier areas of re-search rely on nature to develop innovative and biodiversity-friendly products that meet the expectations of farmers, government authorities and society.

The main working concepts involve the microbiology of soils, the reduc-tion of losses and environmental im-pacts by repurposing nutrients such as nitrogen, abiotic stress (water, salinity, global warming, etc.) and biocontrol.

Complementing its research in Plant Nutrition, the Group also works to improve the quality and diges-tibility of its animal feed products. Research efforts in this field aim to enhance animals’ growth levels and well-being, all throughout their life cycle.

In the agri-food sector, research is particularly focused on eliminating preservatives and improving the nu-tritional profile and labelling of pro-ducts to provide better information to the consumer.

Areas of researchat the Centre Mondialde l'Innovation Roullier

“Sust N Agro”

At European level, more than 20 %

of the water is polluted by nitrates1. To reduce this pollution, a European consortium bringing together research institutes and agricultural coope-

ratives has been put in place. As a partner in this project, the Centre Mondial de l'Innovation Roullier (CMI) has introduced an alternative solution incorporating issues linked to soil and to animal and plant produc-tions. The purpose of this proposal is to reduce the environmental impact by a third and to improve yields for the farmer. This project will be rea-lised by creating a digital tool that will efficiently build the diagnostic and calibrate the requirements.

“BIODERA”

Phytoparasitic nematodes are microscopic roundworms found in agricultural soils. These pests re-duce global agricultural production by about 11 %, a loss of several million tonnes of crops each year2. For environmental and health reasons, almost all of the most effective pest control measures for these parasites are gradually being withdrawn from the market, leaving farmers with very few solutions.

The BIODERA project proposes an innovative approach to crop protection, by combining fertili-sers with biocontrol solutions. It is financed by the Programme Inves-

tissements d’Avenir (Future Invest-ments Programme) and is fully in line with the objectives of the natio-nal ECOPHYTO II plan, which aims to reduce the use of pesticides by 50 % by 2025. It officially started on 16th January 2017 and will last for four years. The promising results obtained at the project’s midway point were welcomed by the various partners.

Relationshipswith stakeholders

CMI Roullier partners

National Institutefor Agricultural Research (France)

The close and multi-dimensional partnership between the Groupe Roullier and the National Institute for Agricultural Research (INRA) goes back to 2005. In almost 15 years, the Groupe Roullier has esta-blished collaborations with 8 INRA centres throughout France, in Plant and Animal Nutrition. To carry out the joint research work, about fif-teen theses were conducted in pu-blic-private partnership. The INRA and the Group worked jointly on nearly a dozen subsidised projects (FUI, ANR, ADEME) and technical partnership agreements. The re-search led to the authoring of nu-merous scientific publications, pa-tents, and the development of new products. The partnership with the INRA also enabled CMI Roullier re-search tools to be developed, such as the phenotyping greenhouse or the rhizotubes, as well as the regu-

lar provision of Animal Nutrition research in strategic materials for artificial rumens.

University of Navarra (Spain)

The University of Navarra (UNAV), one of Spain’s best-known universi-ties, has long been a partner of the Group Roullier. This relationship is mainly represented by Dr. José-Maria Garcia Mina, an internationally-re-nowned expert in humic substances, employed by the Group. The work of the partnership is the origin of many of the Groupe’s specificities in Plant Nutrition, for a sustainable and sensible agriculture.

European InvestmentBank financing

In June 2018, the European Invest-ment Bank (EIB) granted the Groupe Roullier a loan of 50 million Euros, intended to finance its R&D activi-ties in Animal and Plant Nutrition. The Group was the first to benefit from the agriculture and bioeco-nomy loan programme launched by the EIB at European level. This financing endorses the dynamism and quality of research teams wit-hin CMI Roullier and the Group.

Animal welfare

In order to contribute to the well-being of livestock, TIMAC AGRO (working alongside the CMI Roullier) designs solutions helping to ensure nutritional and health equilibrium for these animals. Among these, the subsidiary notably offers solutions pertaining to the quality of bedding, reducing quantities of ammonia in livestock buildings, and providing mineral-rich nutritional supplements in order to strengthen their immune systems and meet animal welfare standards.

Pâtisseries Gourmandes research projects

Pâtisseries Gourmandes has led several improvement projects:

• On a nutritional level: eduction of sugar and salt content in 80% of own-brand products.

• On product labelling: ssimpli-fication of recipes via the removal of additives, preservatives, dyes and artificial flavourings, or any other contentious ingredient, such as glucose-fructose syrup. Pâtisseries Gourmandes also designed the ANTICIPA collaborative project, which aims to produce pastries without preservatives.

Projects led byMaison Colibri

Maison Colibri has created a new range of organic snacks for children, called “Chocoboom”. More than 95 % of ingredients are from organic produce and it has a “Clean Label” (excluding artificial ingredients and additives). Maison Colibri manufactures its products in its Charente-Maritime factory, capitali-sing on more than 120 years in the pastry industry.

Innovation is a key performance driver, and has been an integral part of the Groupe Roullier DNA for 60 years. Tomorrow’s agricultural challenge hinges on the ability to innovate whilst integrating the principles of sustainable development. The challenge is a global one, and will affect future generations.

Inventing and experimenting with new products using natural substances and designing ever more innovative technologies is the Groupe Roullier’s mission, in order to implement the principles of an effective and sustainable global agriculture.

“ONE OF THE

GROUPE ROULLIER’S

MAJOR STRENGTHS IS ITS

ABILITY TO INNOVATE

AND DELIVER SOLUTIONS

MEETING THE NEEDS

OF ITS FARMERS

AND MANUFACTURERS

CLIENTS ALL OVER

THE WORLD.”

Arnaud Wieczorek,Managing Director of CMI Roullier

Loan programmesigned by Sébastien Chauffaut,Executive Board President,and Ambroise Fayolle,Vice-President of the EuropeanInvestment Bank.

Phenotyping greenhousedesigned in technicalcollaboration withthe INRA

119research partnerships

in 2018, 75 % of which are focused onAgrosupplies

8 %of doctorates,

post-doctorates and doctorsin 2018 among positions

related to innovation


ASSOCIATED PARTNERS

ID3PT/FN3PT(R&D part of the Comité Nord

de la Pomme de terre[Northern Potato Committee])

ITB(Institut Technique de la Betterave

[Beetroot Technical Institute])

Laboratory of Glycobiologyand Plant Extracellular Matrix

(GlycoMEV)at the University

of Rouen.

(1) Report from the Commission to the Counciland the European Parliament on the implementation of Council Directive 91/676/EEC on nitrates.

(2) Agrios GN 2005 Plant Pathology 5th ed. Academic Press, San Diego, USA.

36 37

The Innovation Awards

In October 2017, CMI Roullier be-gan accepting submissions for the Innovation Awards, an internatio-nal Plant Nutrition competition that rewards the two best research pro-jects relating to Groupe Roullier’s fields of expertise.

The two 2018 competition winners:

• Dr. Laura Zanin, Department of Agricultural, Food, Environmental and Animal Sciences at the Uni-versity of Udine, for her work on improved effectiveness of nitrogen for better assimilation by the plant,

and a reduction in losses to the en-vironment.

• Professor Walter Wenzel, Natural Resources and Life Sciences, De-partment of Forest and Soil Science, Institute of Soil Research, at the Uni-versity of Vienna, for his research on soil microbiology.

These two agroecological topics re-flect a form of agriculture that aims to limit environmental impact and improve the use of existing biodi-versity to enhance crop health. The winners will benefit from a €60,000 grant and a year’s partnership with CMI Roullier, to pursue their work.

The relevance of proposed projects has led the Group to forge new partnerships with universities, to advance research in the broadest sense and to make CMI Roullier a real innovation booster.

Collectiveagreement on CMI Roullier

employees' projectinventions

During the course of 2018, Groupe Roullier signed an agreement spe-cifying the policy regarding pro-ject-related inventions and their remunerations, thus going beyond what exists in the collective agree-ment. This agreement applies to all CMI Roullier employees, whatever their status and contract (fixed term contract, part time, etc.) and is part of the Group's policy of recognising everyone's contribution to innovation and collective performance.

Compagnie Armoricainede Navigation contributes to

the progress of wildlife research

In 2012, Compagnie Armoricaine de Navigation (CAN) signed an agreement to share information with the Station Biologique de Ros-coff (CNRS and Sorbonne Univer-sité). Within the framework of this agreement, CAN annually transmits the volumes extracted on the Duons concession in the Bay of Morlaix. In return, the Roscoff station sends metadata on abundance and spe-cific quantities from wildlife invento-ries on the Pierres Noires site. The data has been collected, on the one hand within the framework of the last five-year monitoring of

the concession and, on the other hand, within the framework of a call for proposals (IMPECAPE) by the French Protected Marine Areas Agency after identifying an

indicator of physical pressure ex-perienced by benthic populations (species settled on the seabed).

Partnerships with the Station Biologique de Roscoff

(biology research centre)

NUWEN for local and natural products

The majority of seaweed processed by NUWEN is harvested just a few metres from the factory. France’s Pleubian peninsula is historically known for seaweed harvesting as it benefits from optimal geographic conditions for seaweed growth.

That is why it was named a “Natura 2000” zone by national authorities. This contributes to the preservation of optimum quality of products and their environment.

A collaboration was formed with the Station Biologique de Roscoff (a public entity specialising in re-search on marine organisms) in or-

der to study the impact of the micro-nisation process (grinding to obtain a powder) on seaweed cells.

+60candidates

from around the world

+110meetings with farmers

to raise awareness of the use of phosphorous


Integrationof biodiversity

Implementation ofa Biodiversity Management

Plan by MagnesitasNavarras

For all mining projects, Spanish law requires mining companies to draw up a Restoration Plan that sets out the actions to be carried out in terms of mining waste management

with a view to rehabilitating the area affected by the activities. Magna takes it one step further. In 2018, Magna implemented a Biodiversity Management Plan in the areas impacted by extraction activities, Borobia (Soria) and Eugui (Navarra). This Plan, in addition to the Restoration Plans, determines measures for developing different habitats in line with the presence of species and fauna considered to be of special interest because of their ecological role and their conservation status.

In addition, Magna is leading the design and presentation of the “Intelligent Recovery of At-Risk Biodiversity using Mining Environments” (CIEN – SMART BIOMINE PROJECT) at national level, in collaboration with seven other companies, research centres, the botanical garden "real jardín botánico", reference entities in the Spanish mining sector, and with the participation of the Spanish Ministries of the Environment, and of Science and Innovation.

Raising awarenessof phosphorous use with TIMAC AGRO France

Since 2015, TIMAC AGRO France has been committed to raising awareness of the use of phosphorous, an essential element for Plant Nutrition. Run by field experts, these discus-sions enable us to provide ever more accurate advice on phosphorous management.The operation was tied in with the launch of the “Phosph’Or” appli-cation, which enables farmers to self-assess the phosphorous needs on their land.

38 39


INNOVABIO by TIMAC AGRO, a new TIMAC AGRO programme, supports organic farmers and those converting to organic by offering them fertiliser and Animal Nutrition solutions with high added value. Its agronomic concept is based on strengthening the potential of natural

soil mechanisms to optimally develop the plant and crops. INNOVABIO by TIMAC AGRO favours a techni-cal approach. Its products amplify and optimise the different vectors of soil and plant dynamics to enable the organic farmer to meet all of the challenges he faces. Several ranges that can be used in organic farming are already on sale.

Launched in Portugal, Italy and France in 2018, the business will continue its global rollout in 2019 and will bring new innovative specific features to the market.

Bio-sourced productsand products that respect

the seaweed life cyclewith NUWEN

NUWEN’s French seaweed is har-vested by hand, in line with strict regulations governing size, surface area and seasonality. In order to preserve this natural resource, the French government monitors this bu-siness by granting permits to those authorised to harvest seaweed.

Every year, a prefectural order is issued to regulate the fallow areas and the harvest schedule. The coastline is divided into plots, which ensures traceability of crops and prevents the overexploitation of biomass.

Each harvester working with NUWEN is committed to respecting a charter of best practice in harvesting, each seaweed species having its own specific requirements for harves-ting. The seaweed life cycle is thus respected.

Manufactureof powdered cosmetics

to reduce CO2 emissions with NUWEN

NUWEN has been a powdered cosmetic specialist for 30 years. As well as avoiding the addition of preservatives, the manufacture of powdered cosmetics has many advantages, particularly ecologi-cal. Unlike diluted formulations, this

type of product requires less trans-port, storage, packaging, produces 100 times less CO2 emissions and consumes less water.

From January 2018, 7 of these products have been certified COSMOS NATURAL.

133raw materials

authorisations in 2018

Mediumphysicalfunctions

Nutrition :humification

minéralisation

Nutrition :solubilisation

N P K Ca

ROOT AREA(rhizosphere

+ roots)

PLANTvegetative organismharvested organism

CO2

Sun

RainOxygen

SOIL

Quality assurance process for raw materials

In order to guarantee the safety of employees, to respect the envi-ronment in and around the facto-ries and to ensure the quality of finished products, the Agrosupplies management has set up a raw material approval procedure. All of the information related to this procedure is stored in a da-tabase called RMES (Raw Material Evaluation System), which can be accessed by all stakeholders at headquarters and within the sub-sidiaries.

Quality and safety of products

Circular economy and recycling

Introduction of recycledmaterial in packaging by

Agriplas-Sotralentz Packaging

Within the framework of the circu-lar economy roadmap (feuille de route économie circulaire - FREC) governed by the French Ministry for Ecological and Solidarity Tran-sition and the measures taken at European Commission level, volun-tary commitments have been made to incorporate more recycled plas-tics into packaging.

Agriplas-Sotralentz Packaging sees finding a solution to incorporate these recycled materials as a priority ac-tion, in order to offer customers more environmentally-friendly packaging.

The Plastics subsidiary has been working internally since 2018 with the help of recyclers and suppliers to offer a range of products incor-porating between 50 % and 95 %

recycled content in 1 L containers with and without dye for the de-tergent markets.Objective: to expand the range of recycled products to larger packaging: 5 L, 10 L, 20 L, etc.

Use of 100 % recycledplastic pallets by thePlastics subsidiary

Agriplas uses reusable plastic pal-lets manufactured from recycled polyethylene. The idea is to use plastic pallets in a shuttle system and get rid of expendable wooden pallets. Recyclable, hygienic (no mould), lightweight (4 kg instead of 11 kg for expendable wooden pallets) and universal because they are designed in an international size (80 x 120), they are part of a global environmental approach.

Replacementof plastic bottles with TIMAC AGRO Brasil

Plastic liquid fertiliser packaging (Progen) has been replaced by an innovative system to improve the storage, handling and disposal of packaging. The system reduces the use of plastic by 70 %.

Weiss actions in the wood subsidiary

Today, the development of the bio-mass sector has mainly focused on the use of wood chips or recycled

wood (class A wood). Recycled wood is almost always used today, and woodchip resources are star-ting to shrink and become more expensive, compromising the eco-nomic advantage of the biomass solution.

Some biomass resources remain untapped, especially wood-waste (wood for furniture, class B wood, CSR-type waste), which represent a significant growth potential.

Weiss is closely involved with pro-fessional organisations in produ-cing a harmonised classification of these resources to define an appli-cable regulatory framework based on the qualities of wood and the technical development of solutions.

80 %

Cardboardand paper

waste

Groupe Roullier share of recycled waste

Pallets Plastics

60 %

40 %

20 %

0 %

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

80%

75%

Cartons& Papiers

Part des déchets recyclés du Groupe Roullier

Palettes Plastiques

69%

56%

60%

40%

20%

0%

81 % 82 %

62 %

CENTRAL PROCESS

LOCAL PROCESS

Regulatory environment,health, and safety inspection1

Agronomic regulatoryinspection2

Industrial inspection(CERA tests and recommendations)3

Data analysis (CMI)4

Environment, health, and safetyinspections for each industrial site5

In-plant industrial tests6

Final validation in-plant7

80 %

Cardboardand paper

waste

Groupe Roullier share of recycled waste

Pallets Plastics

60 %

40 %

20 %

0 %

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

80%

75%

Cartons& Papiers

Part des déchets recyclés du Groupe Roullier

Palettes Plastiques

69%

56%

60%

40%

20%

0%

81 % 82 %

62 %

CENTRAL PROCESS

LOCAL PROCESS

Regulatory environment,health, and safety inspection1

Agronomic regulatoryinspection2

Industrial inspection(CERA tests and recommendations)3

Data analysis (CMI)4

Environment, health, and safetyinspections for each industrial site5

In-plant industrial tests6

Final validation in-plant7

IFS Food & BRCcertifications for

Pâtisseries Gourmandes

All Pâtisseries Gourmandes sites are IFS Food (International Featured Standard) certified at higher level, and BRC (British Retail Consortium) grade AA certified.


40 41

KEEPING THE FACILITIES INA FUNCTIONAL AND SAFE CONDITION

AND WITH REGULATORY AUTHORISATIONSEnsure safety at all Groupe Roullier locations.

CONSUMPTION AND POLLUTIONTargeted action on renewable energy.

IMPACT ON THE HEALTHAND SAFETY OF EMPLOYEES

Heightened vigilance on the health and safety policyand its effective deployment.

TRANSPORTEffective carrier certification processes.

INTERNATIONAL

INDUSTRIAL

POWER

PILLAR - 2

42 43

INTERNATIONAL INDUSTRIAL POWERWITH SAFETY AND ENVIRONMENTAL

REQUIREMENTS

In order for industrial sites to im-plement the necessary means to prevent harm to personnel, the en-vironment or property, the Group gave the subsidiaries a contract with Bureau Veritas. The latter helps cover the topics subject to regulatory checks and verifications, or subject to studies during project management. For French subsidiaries, 27 topics are covered by this contract such as electricity, atmospheric emissions, explosive atmospheres, wastewater, acoustics, pressure equipment...For foreign subsidiaries, 15 to 20 of these topics were taken up by Bureau Veritas, with the number depending on the country and practices which were usually developed there.

Keeping the facilities in a functional and safe conditionand with regulatory authorisations

The identity and history of Groupe Roullier are inextricably linked to its industrial development. This industrial capital is expressed through our high-performance equipment, and is the result of continuous movement through external growth and the founding of new facilities. These facilities benefit from recurrent investments and formalised checks and verifications in order to keep the 96 production units in a functional and safe condition.

“INDUSTRIAL

AND ENVIRONMENTAL

SAFETY IS A PRIORITY

FOR EACH AND

EVERY ONE OF

GROUPE ROULLIER’S

EMPLOYEES.”

Dario Giannerini,Group Risk Management Director


BREAKDOWN OF INVESTMENTS 2018

ENERGY CONSUMED BY GROUPE ROULLIER*

CONSUMED ENERGYSTANDARDS IN THE CHEMICAL

INDUSTRY*3

ENERGY CONSUMED BY AGROSUPPLIES*

% OF ISO 14001 OR EMAS SITES FOR THE 3 MAIN INDUSTRIAL TRADES OF GROUPE ROULLIER

25 %of industrial sites classified

ISO 14001 or EMAS

+8 %increase in the budget invested in industrial

facilities between2018 and 2019

Optimisation projectfor energy consumption

of Phosphea

The aim of this project is to iden-tify optimisation levers and to im-plement actions which permit the reduction of manufacturing costs as well as the environmental impact related to energy consumption (gas and electricity). This project is part of a more global performance plan launched within Phosphea called LOOP “Let’s Optimize our Opera-tions Performance.” This aims to identify and optimise all the logistic and industrial operations costs.Across Phophea, the objectives for reducing electricity and gas consumption are the following:

•1,400 megawatt-hour of electricity over 2019

•11,700 megawatt-hour of gas over 2019

Heat exchangers atMagnesitas Navarras

In order to increase its production capacities while optimising its energy efficiency, the Magnesitas Navarras factory (Spanish subsidiary for Magnesium) installed its second heat exchanger in December 2017. The principle of the exchanger is to recover some of the heat released by the rotary oven on which it is installed on in order to reuse it in the calcination process. By recy-cling the heat thus produced, the factory successfully reduced its gas consumption by 20 % and its electrical consumption by 12.5 %, whilst increasing the oven production capacity by 54 %.

New ovens and energyconsumption reduction atPâtisseries Gourmandes

In the Pâtisseries Gourmandes fac-tories, new better insulated ovens have been introduced in order to reduce heat loss.

The reduction of energy consumption is also achieved with the replacement of all the lighting at all industrial sites (Loudéac, Tourc'h, St Tugdual and Derval) by LED lighting.

The installation of LED lighting at the head office (Loudéac) led to energy savings of €1,758/year.

-- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

-- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

-- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

-- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

3 %

32 %

21%

44 %

RÉPARTITION DES INVESTISSEMENTS 2018

Improvementprocess/capacity

Environment safety

Maintenance/multi-year plan

Industrial vehicles and machinery

% DES SITES ISO 14001 OU EMASPOUR LES 3 PRINCIPAUX MÉTIERS INDUSTRIELS

DU GROUPE ROULLIER

Electricity consumption

Gas consumption

Fuel consumption

(*expressed in tons of oil equivalent) (4)

Petcoke consumption

Wood and woodequivalent consumption

Coal

Steam

-- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Phosphates

0 % 10 % 20 % 30 % 40 %

Magnesium

Agrosupplies

3 %

25 %

40 %

28 %

22 %

40 %5 %

5 %

19 %

8 %

1% 18 %

22 %

57 %

3 %

15 %

19 %

24 %

38 %

4 %

-- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

-- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

-- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

-- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

3 %

32 %

21%

44 %



Environment safety




DU GROUPE ROULLIER


Gas consumption

Fuel consumption


Petcoke consumption


Coal

Steam

-- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Phosphates

0 % 10 % 20 % 30 % 40 %

Magnesium

Agrosupplies

3 %

25 %

40 %

28 %

22 %

40 %5 %

5 %

19 %

8 %

1% 18 %

22 %

57 %

3 %

15 %

19 %

24 %

38 %

4 %

-- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

-- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

-- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

-- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

3 %

32 %

21%

44 %



Environment safety




DU GROUPE ROULLIER


Gas consumption

Fuel consumption


Petcoke consumption


Coal

Steam

-- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Phosphates

0 % 10 % 20 % 30 % 40 %

Magnesium

Agrosupplies

3 %

25 %

40 %

28 %

22 %

40 %5 %

5 %

19 %

8 %

1% 18 %

22 %

57 %

3 %

15 %

19 %

24 %

38 %

4 %

-- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

-- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

-- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

-- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

3 %

32 %

21%

44 %



Environment safety




DU GROUPE ROULLIER


Gas consumption

Fuel consumption


Petcoke consumption


Coal

Steam

-- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Phosphates

0 % 10 % 20 % 30 % 40 %

Magnesium

Agrosupplies

3 %

25 %

40 %

28 %

22 %

40 %5 %

5 %

19 %

8 %

1% 18 %

22 %

57 %

3 %

15 %

19 %

24 %

38 %

4 %

Energy consumptionGroupe Roullier has striven to reduce its fossil energy consumption by replacing it with renewable energies.Wood and analogous materials account for 38 % of Groupe Roullier’s energy sources.

Consumption and pollution

(3) Chemicals industry standards:France Chimie (www.francechimie.fr)

(4) Emissions factor source:ATEE, Club Biogaz (atee.fr)

44 45


Water use

Recycling of process water at TIMAC AGRO France

The granulation of fertilisers consists in making a granulate material or a homogenous assembly of mate-rials by an agglomeration phase which is mainly achieved by ad-ding process water (recycled water from soiled areas in the factory or outside).

TIMAC AGRO France disseminated a storm water management plan on its site on the Industrial area and differentiated management of storm water was implemented.

Dust reduction

Dust extraction filter linkedto the unloading of materials

TIMAC AGRO Italia

In 2017, the Italian subsidiary installed a filter over the phosphate unloading pit which helps extract dust released effectively.

The objective of this project initiated in 2016 is twofold:

• To allow phosphates of all origins to be unloaded while ensuring minimal dust emission.

• To reduce losses and optimise the supply of silos.

Environmental steering committee TIMAC AGRO France

An environmental steering com-mittee was launched in 2016 on the initiative of TIMAC AGRO com-munication department with the management of Saint Malo plants and the Group’s Communications group. It meets 4 times a year.The aim of the COPIL is to optimise the integration of the Saint-Malo plants of the Group into their

environment by providing more education and information, by directly addressing the questions from residents about their activities and commitments.

Awareness-raisingand actions

TIMAC AGROBrasil’s Programa ECO

The ECO program aims to raise the awareness of employees about the environmental impacts of the activity (raw materials, processing, etc.) using

twice weekly visits aimed at carrying out a qualitative assessment taking into account the evolutions and the severity of deviations. Discrepancies observed and the score obtained are regularly sent to the departments concerned in order to draw up action plans. This program is carried out by the Rio Grande industrial site.

Reduction of CO2 emissionson the Côtes de Bretagne ship

When the Carbon Footprint Assess-ment was done it was discovered that the biggest source of CO2 (T equ. CO2) came from the diesel used for the vessel’s engines. The priority action identified was to find a solution to reduce consumption.

The Compagnie Armoricaine de Navigation (CAN) worked with ECOGAZ Solution in 2017 and 2018 validated by the ADEME as part of the “Objective CO2. charter” The solution involves incorporating the ECOGAZ solution into each fuel supply with 1L for 4,000 L of diesel and measurement of the impact on consumption over a one-year period (September 2017 to August 2018).

282 litres of ECOGAZ solution were thus used for 1,129,838 L of treated fuel, resulting in a decrease of the Carbon footprint of around 250 T of CO2 over 12 months.

Onboard desulphurisationat TIMAB Magnesium

In order to reduce gaseous wastes associated with a high level of sulphur in some industrial processes effec-tively, TIMAB Magnesium offers its clients magnesium oxide-based and magnesium hydroxide-based solutions. The latter play a major role in addressing ever more stringent regulatory requirements, while ensuring cost efficiency.

Reductionof greenhouse gases

Wood fired heaters or similar

Using biomass combustion energy for large scale industry is very spe-cific to the Group’s activity and is unique in its sector. This shows its long-term commitment to reducing its consumption of fossil energy and greenhouse gases. This commitment was strengthened in 2012 with the acquisition of the company, Weiss France, which designs biomass heaters.

The companies that are currently equipped with these heaters are TIMAC AGRO (Austria, Belgium, Brazil, Spain and France) and Magnesium do Brasil, Brazilian

subsidiary for Magnesium. Biomass tests for calcination furnaces are also being tested at Magnesitas Navarras in Spain.

32 %of water recycled

out of the total waterconsumption

of Groupe Roullier

Reduction of energyconsumption for plastics

Agriplas-Sotralentz Packaging changed the motors in some of its machines such as extruders. Investing in motors with a variator helps to adjust the power of the machines depending on consumption and thus reduces energy consumption.The Plastics subsidiary also replaced some of its hydraulic machines with electric machines, achieving a reduction in electricity consumption of 20 to 25% since the first installation in October 2017.On the Drulingen site, the refrige-rated unit was replaced by a heat recovery unit. The heat recovered is propelled into the factory in the winter, which helps reduce heating consumption.

Dust extractionfilter system linkedto the unloadingof materialsTIMAC AGRO Italia

46 47


Safety days atTIMAC AGRO France

A safety day is held once a year in all TIMAC AGRO France factories. Production is then stopped and all teams are present including temporary workers.

The objective is to reiterate strong messages about essential safety issues by leading topic-related workshops (e.g. the wearing of anti-noise Personal Protective Equipment (PPE).

Actions and safetyorganisation of CAN

Every year, the Compagnie Armoricaine de Navigation (CAN) organises Emergency exercises with Civil Security. These exercises help to check the Company’s Emergency Plan to deal with the occurrence of an unforeseeable event on board the vessel (fire, abandoning ship, pollution, etc.).

Furthermore, as part of the impro-vement of management between head office and the Côtes de Bre-tagne vessel and to facilitate global management, CAN imple-

mented the SEMAPHORE software which helps manage regulatory checks of equipment on board the vessel, events occurring on board, maintenance operations, stocks and orders.

Integrated Environmental Safety Quality management

system in the Tunisiansubsidiary of Phosphea

A subsidiary of Phosphea in Tunisia, the industrial site of Fosfatos de Cartagena made a voluntary com-mitment to implement an integrated QSE management system (Quality

ISO 9001, Safety ISO 45001, Environment ISO 14001) in order to better manage the risks, and im-pacts of activities on the health and safety of any person working or intervening on-site, on the environ-ment and on client satisfaction.

These procedures are sent to em-ployees and external stakeholders (residents, associations, clients, etc.) in order to show their expectations are being taken into account.

Impact on the health and safety

of employees

The Group’s three main industrial activities (Agrosupplies, Phosphates and Magnesium) achieve better re-sults than the average ratios of the chemical industry3, respectively

5.03 % compared to 11.30 % in the frequency rate of work accidents and 0.19 % compared to 0.70 % for the severity rate.

Organisation of prevention points of contact

A coordinated prevention process was implemented by the Group.

The 3 levels of this process involve: the Risk Management service at Group level, the Coordinators at trade level and the leaders, teams and prevention contact people at subsidiary level. More than 50 people are involved in the organi-sation of this prevention.

Dangerous situationrecord at NUWEN

As part of the continuous improvement at NUWEN, an SSE (Health, Safety, Environment) point of contact was appointed on the industrial site of Billy in addition to the SSE Coordinator.

They are responsible for suppor-ting industrial sites in the analysis of accidents, guaranteeing regula-tory compliance of sites, training employees and providing aware-ness-raising materials.

Such material includes posters de-signed on near- misses, dangerous situations and security patrols.

Safety cultureat TIMAC AGRO Brasil

The STOP program introduced by TIMAC AGRO Brasil aims to de-velop the safety culture within the

subsidiary and to encourage the right behaviours. It is in fact an ob-servation tool of behavioural safety dedicated to the prevention of in-juries and material damage, the enhanced focus on HSE (Hygiene, Safety, Environment) matters, and the verification of understanding of procedures and their compliance.

The SIPAT Program (Internal week for Accident prevention) is organised

every year by the industrial units and the head office in Porto Ale-gre. This week aims to inform and raise the awareness of employees on matters related to safety in the workplace and to promote good practice in terms of health.

Finally, group gymnastics sessions are regularly organised in the work place in order to improve the phy-sical condition of employees and reduce the impact of their profes-sional activity on their health. The units of Porto Alegre, Candelas and Santa Luzia do Norte have adopted this practice.

TransportThe assessment framework of third parties, including transporters, is part of an overall process relating both to corruption risks and also to sanctions and embargo risks. The assessment system identifies the diligence process to apply to a third party before it enters into relations with Groupe Roullier.

Furthermore, the Group has also implemented an approval process for all vessels carrying merchandise (not including containers). This is valid for raw material and finished products and applies to all inco-terms (reciprocal obligations of the seller and buyer in the framework of an international contract), even when the Group does not directly

charter the vessel, the objective being to avoid merchandise being transported by vessels presenting a risk to the environment or to the safety of the sailors.

The procedure provides criteria for age, flags, classification and the insurance policy of the shipowner.

The ship’s recent history and technical characteristics are also assessed in order to ensure that the material can be loaded and unloaded safely without risk to either the material or the handling personnel.

3 %

32 %

21%

44 %


Améliorationprocess/capacité

Sécurité environnement

Entretien/plan pluriannuel

Engins véhicules industriels

GROUP-WIDE ORGANISATION2 PEOPLE

MAGNESIUM PHOSPHATES PLASTICS NUWEN

ORGANISATIONIN BRAZIL

1

AGRIFOODINDUSTRYAGROSUPPLIES OTHER ACTIVITIES

1 RISK PREVENTIONCOORDINATOR AND5 RISK PREVENTION

HEADS(PÂTISSERIES GOURMANDES)

1 RISKPREVENTION HEAD

(MAISON COLIBRI)

ORGANISATIONIN FRANCE

1

3 RISKPREVENTION

TEAMS

5 RISKPREVENTIONHEADS AND

1 COORDINATORFOR MALO

AND PONTRIEUX

ORGANISATION

1ORGANISATION

0,5ORGANISATION

0,5

6 RISKPREVENTIONHEADS AND

3 RISK PREVENTIONCONTACTS FOROTHER PLANTS

2 RISKPREVENTION

HEADS

3 RISKPREVENTION

HEADS

3 RISKPREVENTION

HEADS

3 RISKPREVENTION

HEADS

1 RISKPREVENTIONHEAD (CAN)

AND 8 CONTACTS

8,701internal safety visits

in 2018

126visits per industrial unit

in 2018

“EVERY MONTH,

AS WELL AS THE DAILY

REMINDERS, I HOLD ABOUT

THREE MEETINGS FOR MY

TEAM ON SECURITY TOPICS

IT IS AN OPPORTUNITY FOR

ME TO REITERATE CURRENT

AND IMPORTANT TOPICS

LINKED TO OUR ELECTRICAL

TRADE SUCH AS ELECTRICAL

LOCKOUTS, PROTECTION

RULES TO IMPLEMEN

WHEN EXPOSED TO

DANGEROUS FLUIDS,

AND SO ON. THESE

WORKSHOP EVENTS

ENABLE US TO IMPROVE

OUR PERFORMANCE

IN ON-SITE INTERVENTION

FOR PREVENTION SAFETY

ON A DAILY BASIS.”

Benjamin Benoist,Electrical Sector Manager

on the Tarnos plant(TIMAC AGRO France)

since 2013, testifieson the security day

0,31in severity rate

of work accidents across the Group

7,49in frequency rateof work accidentsacross the Group

16 %of industrial sites

classified OHSAS 18001

PREVENTION ORGANISATION AT GROUPE LEVEL

(3) Chemicals industry standards: France Chimie (www.francechimie.fr)


48 49

A LOCALSALES FORCEAND CLOSE

PARTNERSHIPS

PILLAR - 3

SALES FORCE LOYALTYInformation and training materials are constantly

updated in orderly to continuously develop employabilityand performance levels among our sales staff.

CUSTOMER SATISFACTIONRegular monitoring of customer expectations and feedback

from the field, ensuring we are able to meet their precise needs.

PARTNERSHIPS WITH THE AREAApproaches which fall within a wider dynamic,encouraging dialogue between all stakeholders.

50 51

A LOCAL SALES FORCEAND CLOSE PARTNERSHIPS

ENABLING LOCALISED ACTION

Customersatisfaction

Customersatisfaction programmeat TIMAC AGRO Italia

The objectives of the customer sa-tisfaction programme “Working towards excellence” fall into two major categories:

- Raising awareness of the impor-tance of quality in order to facili-tate the work of the TSAs, increase performance levels for services and products, optimise resources used, and reduce quantities of waste ge-nerated;

- The development of a system of continuous improvement for customer satisfaction.

In order to assess the effectiveness of this programme, 1,156 customers were interviewed between 2017 and 2018.

For 60 years, the Groupe Roullier has been forging a unique economic model based on close-knit relationships with our customers on the ground. Our sales staff (Technical Sales Agents, Market Managers, etc.) meet directly with customers on a daily basis at their farms or their facilities, in order to get a feel for local conditions and offer tailored solutions. The Group’s strength also resides in the quality of the partnerships we have established at local and international level.

“WE REFUSE

TO EMBRACE

STANDARDISED SOLUTIONS.

WE THINK ‘GLOBALLY’ IN

ORDER TO ACT ‘LOCALLY’,

SO WE CAN BE RIGHT

THERE ALONGSIDE

OUR CUSTOMERS AND

RESPOND TO THEIR

SPECIFIC NEEDS.”

Philippe Vignon,Managing Director

of TIMAC AGRO Brasil

TIMAC AGRO Italia's"Working towards

excellence"program:


25 %staff turnover at Group level*

+20meetings

+50people mobilised

+100areas for improvement identified

* Includes short-termand seasonal contracts,

temporary staff and voluntarydepartures..

TSA from father to son

The role of Technical Sales Agent is a true vocation. Take Ahmet in Turkey, who is passing on his experience to his son Mustafa. This profession entices talent from generation to generation, thereby engendering a natural sense of loyalty and galvanising trusted partnerships with the local agricultural community.

“I have been working for TIMAC AGRO Avrasya since 2015. My father is a farmer and a TSA. That’s how I got to know about TIMAC AGRO products before I joined the company. Today, I am proud to support the farmers: for me, TIMAC AGRO is a byword for quality and reliability. From my own experience, I can say that it’s been an advantage to work with my father: we’re stronger together!”

Mustafa Altinisik,TSA in Turkey

EVOLUTION OF SATISFACTION LEVELS FOR TECHNICAL ASPECTS

AGRONOMIC RESPONSE AVAILABILITY OF TSAS TECHNICAL SKILLS

2017 2018 2017 2018 2017 2018

91.2 % 95.8 % 85.2 % 89.2 % 85.2 % 88.4 %

8.8 % 4.2 % 14.8 % 10.8 % 14.8 % 11.6 %

DEGREE OF SATISFACTION

Satisfaction

Dissatisfaction

EVOLUTION OF SATISFACTION LEVELS FOR TECHNOLOGICAL ASPECTS

PHYSICAL DIVERSITY PACKAGING PACKAGING ASPECT OF FORMULAS QUALITY TRANSPARENCY

2017 2018 2017 2018 2017 2018 2017 2018

97.8 % 98.0 % 92.0 % 98.7 % 99.0 % 99.3 % 97.8 % 97.8 %

2.2 % 2.0 % 8.0 % 1.3 % 1.0 % 0.7 % 2.2 % 2.2 %

DEGREE OF SATISFACTION

Satisfaction

Dissatisfaction

Sales forceloyalty

The Group implements, through its subsidiaries, training and expe-rience handover programs for roles that are particularly demanding in terms of involvement and the ability to adapt.

The Agrileader Programme at TIMAC AGRO Brasil

Agrileader is a programme whose aim is to develop the commercial strategy and performance levels of our teams. It enables them to or-ganise, consolidate and pass on a base of expertise, so that the Sales Directors are equipped with all the tools they need in order to effectively manage their team of TSAs (Technical Sales Agents).

Prioritisinglocal recruitment

The Groupe Roullier is a local partner to its customers, wherever they are in the world. It maintains close-knit relationships in order to understand and satisfy our contacts, with the overarching im-perative of aligning ourselves with

the unique cultural characteristics of each local setting. This is why the Group recruits men and women from these local areas, regardless of the hierarchical level of the po-sition in question. This orientation encourages multiculturalism, which is regarded as a true asset for the company.

Expert trainingat TIMAC AGRO

All Product Managers and Regional Directors at TIMAC AGRO subsi-diaries are given the opportunity to attend presentations and exchange workshops in Saint-Malo, each addressing specific agronomy topics

(photosynthesis, nitrogen efficiency, bio-stimulation, fertigation, stress management, etc.).

These events, which take place several times each year and are organised by our Agrosupplies division and the Centre Mondial de l’Innovation Roullier, are new training programmes designed for the exchange of best practices and agronomic expertise.

52 53

NUWEN customersatisfaction survey

As part of a wider approach to continuous improvement in terms of quality, NUWEN carried out a survey of its customers in spring 2018 in order to assess their satisfaction levels and allow them to express their views. The customers were asked about a number of topics, including services, products, and organisation.All the findings were published online via the company’s website, indicating the full results of the sur-vey and testimonials from customers. The survey’s findings led to a new action plan being implemented.

Partnershipswith the area

Technical partnershipsand skills transfer

Partnership between TIMAC AGRO Italia and the Navarre Brothers

Agriculture Foundation

TIMAC AGRO Italia has been working with the Navarre Brothers Agriculture Foundation (Fondazione per l’Agricoltura Fratelli Navarra), a major experimentation centre specialising in fruit farming. An innovation agreement between the two bodies, signed in 2017, would lead in 2019 to the introduction of new technological measures to aid with decision-making. This three-year techno-scientific partnership aims to develop new farming techniques, guaranteeing improved quality and yield levels for the main fruit and vegetable crops, all achieved in an environmentally friendly way.

Partnership between the Cameroon Development Corporation

and TIMAC AGRO

A sub-contracting agreement, per-taining to the fertilising of 400 ha of banana plantations over various locations, has been signed between the Cameroon Development Corporation (CDC) and TIMAC AGRO.

TIMAC AGRO is sharing its considerable expertise in banana farming, and implementing training programmes for the CDC teams.

Considering stakeholderexpectations with Florendi

Always eager to provide the best possible response to its clients’ needs, Florendi has mobilised its resources to place customers at the heart of its development process via several initiatives:

- Meetings with consumers are organised in order to combine the creation of new products with an opportunity for them to express their needs and expectations;

- Partnerships with local councils were initiated in 2018 and forma-lised in 2019, in order to provide support and guidance in the search for alternative solutions to the use of phytosanitary productions for the upkeep of green spaces.

Sustainable operation of Natura 2000 zones by the Compagnie

Armoricaine de Navigation

All of our sourcing plots for marine limestone sand are located in sea-side Natura 2000 zones. We are able to operate at these sites thanks to feedback reports demonstrating the anticipated impact of opera-tions, which are controlled and restricted, as well as scientific and environmental studies enabling ins-

pections and activity monitoring to be carried out.

The Groupe Roullier’s maritime sub-sidiary, the Compagnie Armoricaine de Navigation (or CAN), has been involved in consultation for Natura 2000 sites, and has participated in working groups in order to develop activity rosters and area assess-ments, actively sharing its data on given areas.

NUWEN partnership with local seaweed harvesters

The NUWEN process focuses on the processing of seaweed through the processes of harvesting, was-hing, drying, and grinding.

Seaweed has been harvested lo-cally by generations of Bretons, working on the foreshore at low tide. These workers carry a license from the French maritime authority, and adhere to best practices for the harvesting of seaweed as defined in the codes and regulations for biomass preservation. NUWEN is developing reliable, long-term relationships with these seaweed farmers The company supports them in the development of their production tools, including the acquisition of drying units.

Each year, 600 tonnes of fresh seaweed are processed by the company.


98 %of customers reported

they were satisfied by NUWEN services in 2018

54 55

Open Days forthe Group's factories

Demonstrating our sense of transpa-rency and community spirit, several of the Group’s industrial sites ope-ned their doors to local residents, associations and employees’ fami-lies in 2018.

Since January 2018, TIMAC AGRO France and Phosphea production sites in Saint-Malo have launched the “Come in, we’re open” concept.

This initiative has allowed staff to organise one visit every other mon-th at each of the Group’s four facto-ries in Saint-Malo.

The Group’s doors are also open in Calvados, at the calcium carbo-nate extraction and processing site operated by Billy (NUWEN). Here, staff felt that it was necessary to forge closer ties with the local po-pulation. The launch of these two open-door schemes in 2018 has helped demonstrate the value of our

staff’s roles to their families, and to share information about activities at the sites and the specific exper-tise involved in calcium carbonate processing.

Working with schoolsand students

Partnership betweenMaison Colibri and the Marketing MA II programme at the University

of Cergy-Pontoise

Working towards the launch of a new brand, Maison Colibri collaborated with the Marketing MA II programme at the University of Cergy-Pontoise to develop a plan for the launch of their new brand on the mass market.

The Groupe Roullier’s collaboration with the ‘Land & Sea’ MA programme

at Sciences Po Rennes

The “Terre & Mer” (‘Land & Sea’) MA programme is a training course co-designed between Sciences Po Rennes and companies from the Brittany region, of which the Groupe Roullier is a top-tier partner. The degree course was established in response to demand on the ground, in order to create a link between technical experts and the social and political realms.

Several employees from the Group have given classes at the university based on their area of expertise, including project financing, change management within a company or contractual engineering and compliance.

As part of this partnership, the Group has also hosted students in work-study programmes for financial management of innovative projects within the CMI Roullier.

Startup sponsorship throughthe Village by CA initiative

By becoming the 15th ‘Ambassador’ for the Village by CA Ille et Vilaine (a subsidiary of the Crédit Agricole Ille et Vilaine bank) at the end of 2018, and by participating in the 5th Selection Committee for innovative startups, the Groupe Roullier is throwing its weight behind local innovation, development and employment.

As an ‘Ambassadeur du Village’, the Groupe Roullier will actively participate in the development of startups selected along with the other Ambassadors: this includes invol-vement in the support programme (mentoring, hosting workshops and conferences), and enhancing their visibility via communication chan-nels and media. This initiative brings together business, experimentation and even potential partnerships.


Information and dialogue initiatives

Environmental communications operations for the general public

by TIMAC AGRO France

In 2016, TIMAC AGRO France implemented its new communica-tions concept, “Objectif Nourrir Demain” (the ‘Feed Tomorrow Ob-jective’), throughout its Saint-Malo factories, accompanied by a website: www.objectifnourrirdemain.fr. The project was rolled out across all TIMAC AGRO France factories,

and was also the subject of a bro-chure distributed to local residents, explaining the company’s vision and organisational structure, as well as its commitments, manufacturing procedures and expertise. In 2017, a booklet entitled “On vous dit tout” (‘everything you need to know’) was compiled for all TIMAC AGRO France staff, in order to provide answers to any questions they might have regarding the environmental impact of our factories. This booklet was then extended, and distributed to all the Group’s 8000 employees.

Community initiatives

Community initiatives bythe Phosphea Spain teams

In December 2018 and January 2019, Phosphea’s Spanish subsi-diaries were engaged in a number of community and charity-based initiatives for various associations.

In groups of two, Phosphea’s Spain-based staff volunteered their after-noons to help with various Food Bank initiatives, including helping to collect food items.

At the same time, the subsidiary col-lected over 100 kg of food items for the Hospitalidad de Santa Teresa Institution.

Donations of pastriesat the Food Bank

Maison Colibri contributes to the fight against waste by engaging with Food Banks. In 2018, 3.2 tons of unsold pastries were donated to Charente-Maritime (located in Péri-gny) to be distributed to people in precarious situations.

Maison Colibri’s partnershipwith the Secours Catholique

and Chef Damien

Maison Colibri also worked in partnership with the Secours Ca-tholique organisation and Chef Damien to develop a Christmas cake with a unique recipe. The cake, named “Le Fraternel” (meaning

‘brotherhood’), was launched in late 2018 and was sold at Secours Ca-tholique centres and on the website of the Epicery start-up. Profits from sales of the cake were donated to the Secours Catholique.

Partnership signature between the Groupe Roullier and Village by CA.From left to right :

Olivier Auffray,CA35 Vice-Presidentand Village by CA President,

Eric Dudognon,Groupe Roullier's Financial Director,

Jean-Pierre Besnardfrom the Groupe Ouest France

Bernard Muselet,CA35 Deputy CEO et General Directorof the Village by CA.


56 57

COLLECTIVEHUMANENERGY

PILLAR - 4 COMPLIANCEThe Ethics and Conformity Programme is a base of reference

and ethics guide for all professional practices.

PURCHASES“Win-win” practices that closely match the expectations

of external stakeholders.

TRAINING AND EMPLOYABILITYTailor-made training for continuous development

of all employees’ skills.

RECRUITMENTFor today's new talents to become the ambassadorsof the company of tomorrow and share the passion

and commitment of our employees.

EQUALITY AND DIVERSITYMoving towards greater equity between employees and a greater

proportion of women in the Group's management bodies.

COLLECTIVE AGREEMENTSConstructive, active partnerships.

SOCIAL DIALOGUE AND QUALITYOF LIFE IN THE WORKPLACE

Listening and fulfilment at workas performance drivers.

58 59

COLLECTIVE HUMAN ENERGYFOR COLLECTIVE PROGRESS

Compliance

Launch of the Ethics and Conformity Programme

After a year of work, the Ethics and Conformity Programme was launched in 2018 with the creation of a reference document: the Ethics and Conformity Charter.

Its aim is to help employees, directors and company representatives to embody the Group's ethical

approach on a daily basis in their professional practices.

The principles of Respect, Responsi-bility and Integrity form the basis of policies and procedures for res-pecting people's rights, respecting health, safety and the environment, and fighting corruption.

Reporting to the Management Board and made up of the Directors of the primary central divisions, the Ethics and Conformity Committee meets regularly. It provides advice

and ensures that the Group's po-licies are properly deployed with the implementation of procedures that outline the Charter and monitor alerts.

In 2018, three alerts relating to non-compliant actions were reported and handled appropriately.

The deployment of the program and its tools is ongoing primarily in France and also internationally.

Purchases and supplier relationships

The Group's purchasing and sup-plier relations policy is based on strict procedures in terms of certi-fication, quality, procurement lead times with an elaborate system of exchange rate hedging, and se-cure payments by COFACE credit insurance. It is structured globally by the Group's Code of Ethics and Compliance.

Feeding the world is an exciting project. As a specialist in Plant Nutrition, Animal Nutrition and involved in Agri-food, this is a challenge that the Groupe Roullier faces by relying on a solid and dynamic structure, where human collaborative energy, whether internal or external, shapes its current course.

Exercising ethics and respect, giving employees a sense of responsibility, daring to innovate, and challenging to perform – these are the values that the Group wishes to bring to all its stakeholders: employees, partners, suppliers, etc.


• Whistleblowing System •

• HR •

• HR •

• Platform •

It is not an alert.

It is an alert if:- I am acting impartially

- I am acting in good faith- I had personal

knowledge of the factsIf more appropriateor your HR representative

is unavailable

Does my problem involve one of

the following topics?

Breach of the principles set out by the Code of Ethics and Compliance;

Crime/Offence;Serious violation of a

law/international convention.

Does my problem concern the ordinary execution of

my employment contract?

Working conditions, pay, etc.

Does my problem involve current operational

topics?

Is there a serious threat to public

interest?

• Chain of command •(Manager; manager’s manager; etc.)

442people trained

in the Ethics and ConformityProgramme in 2018

“AS A KEY

PLAYER ON

OUR MARKETS,

WE NEED

TO PROMOTE

BEST PRACTICES.”

Jory Lacaze,Group General Counsel

and President of the Ethicsand Conformity Committee

THIRD-PARTY VERIFICATION PROCESS

Third Party(beginning of contact)

Risk ofSanctions

Systematicchecks for third parties

(legal entities and/or natural persons)before beginningcontact using an

up-to-datedatabase of

sanctions lists(OFAC, DGT, EU)

Stage 1

Risk ofcorruption

Beyondconsideration

Lowrisk

Mediumrisk

Highrisk

Stage 2

Embargoedlocations

Checking thecountries involved

in transaction:

Stage 3

• destination and origin of the merchandise• location of the third parties

Sanctionedvessels

• Checking the vessel’s IMO• Checking the vessel’s name

Customer/supplier partnerships to optimise

product use

Magnesitas Navarras offers its customers a tailored partnership to optimise the use of its products.

The partnership is signed for three to four years to ensure that it is completely efficient. Cooperation starts with a diagnostic of the si-tuation, on which the proposal and the implementation of optimisation measures are based, with an aim to share the benefits of this optimi-sation with the customer.

The success of these partnerships relies as much on the transparency of the relationship between the two parties as on the quality and responsiveness of the technical assistance provided on-site by the Technical and R&D departments at Magna.

Training and employability

Individual and collective training programmes

Groupe Roullier activities are highly specific. They require that products, different environments and exper-tise be methodically learned. This is why training courses are custo-mised, so that every employee can perform to the best of their ability within their field of expertise and have prospects for hierarchal or transverse career progression.Training within the Groupe Roullier has three different aspects: exter-nal training for employability, skills sharing, and digitisation.The significant number of hours of training per employee helps to ensure their employability and that they can rise to future challen-ges. While the training carried out by external service providers

constitutes the largest volumes, the Group is also betting on the success of transversality. The Corporate departments regularly provide training for operational staff, parti-cularly on the latest regulatory and legislative developments.The training policy also aims to make things more international and digital. From 2019, more and more training programmes will be available in e-learning format.

Internal collaborative training

The Phosphea HR department has initiated a process of sharing skills internally, which involves combining the skills of certain em-ployees to develop those of their colleagues. Carrying out this exer-cise makes it possible to improve the autonomy of operation and productivity, to strengthen the links between employees, and to exploit

their value. For example, the inter-nal training programmes proposed in 2018 primarily involved the use of tools such as PowerPoint, Office 365 and pivot tables.

23 %are under

30 years old

59 %are between

30 and 50 years old

18 %are over

50 years old

Distribution of workforce by age bracket

37 %of employees dedicated

to innovation

43 %dedicated

to marketing

119 557hours of training in 2018

(internal and external)With an average of 16 hours

of training per employee

56 %of employees have benefited from

at least one external training session

60 61


BOOST

The “Boost - Sales Talents” pro-gramme is intended to create an incubator of sales experts with a very fast integration to operatio-nal functions, in order to learn, convince and evolve.

After 15 days of immersion and learning about the Group's challen-ges, candidates are expected to prove themselves on two field mis-sions lasting one month each.The programme ends with a three-month pre-integration mission

aimed at filling a definitive position.The Group commits itself to attrac-tive variable pay linked to results.Designed in 2018, this program

was officially launched on 9 March, 2019 with the first day of candidate selection.

International BusinessLeadership

International Business Leadership (IBL) is a fully immersive programme created by the Agrosupplies divi-sion, which alternates work in the field supervised by a coach with practical on-site training. It was

created to allow candidates to be-come leaders of the agri-industrial sector of tomorrow, thanks to a unique 15-month training process for experienced professionals.At the end of the programme, the candidate becomes an autonomous Regional Director in the country individually assigned to them.

This fast-track programme means candidates can acquire essential operational skills and an overall strategic vision of the Agrosupplies industry and the Group.

1-3 MONTHS

3-6 MONTHS

6-12MONTHS

12-15MONTHS

LET’S STARTThey acclimatize to the Group, its culture and acquire our business model

A 4 step program to make them successful

A JOB ASSIGNMENT

MEETINGTHE CHALLENGES AHEADThey take over their positionand start to run their teamand business

DEVELOPINGITS BUSINESSThey build and managetheir own team and demonstratetheir first success

LET’S MAKEIT REALTheir confirm their potentieland succeed their final assessment

Cooptation

Thanks to the co-option programme launched in France in 2018, em-ployees can, if they so wish, recom-mend a person they know for a po-sition within the Group. Also known as “participatory recruitment”, this initiative is a positive procedure that means employees can identify a person with whom they would be proud to work, while being rewar-ded with a specific bonus.

Orientation

Welcoming new employees to the Group is a key part of HR policy.Therefore, each new employee benefits from a personalised intro-duction with their Human Resources Manager, so they can get to grips with all the practical aspects of life at the company (booking time off, employee representative com-mittee, profit-sharing, etc.). On the team level, each subsidiary will offer orientation for newly recruited employees to find out

about the Group’s careers in their entirety, through conferences with experienced speakers and visits to research and/or production sites. This is also an opportunity for em-ployees with different profiles to meet each other. In the Agrosupplies division, this orientation may be complemented by a “culture” day, which is a day with a Technical Sales Representative to get to grips with the marketing model, as close to the products and farmers as possible.

Recruitment

In competition with other attractive sectors and due to the geographical location of its various sites, in 2018 the Group launched original initiatives to discover, in a very personalised way, the potential of the positions offered within the company and to attract new talent.

The Graduate Program

In July 2018, the very first graduating class was selected to become the young talent of the Groupe Roullier. Having joined in mid-September, their mission is to accompany the development of the company for the years to come.

The programme was launched with a very special day organised in Saint Malo on 7 July 2018, and na-med “007” for the occasion. At the end of the day, 41 young graduates out of the 55 present expressed their desire to join the Group.

Around 15 of the young candi-dates have now been selected and recruited directly on a permanent contract, with a probationary pe-riod of four months. The first month of training is spent learning about the Group’s business lines and work environment. Then, the newly quali-fied young people each have two periods of ten weeks to perform two operational assignments for different business lines and mana-gement departments within the com-pany. In the interest of fairness, they have all been hired starting on the same salary.

intensivetraining

exchanges, presentationsand factory visits for them

to be immersed inthe Group’s environment

a coach will help thembuild their skills

to validate their choiceof career path and

confirm their potential

Assignment#1

Assignment#1

4 stagesto accelerate their careerand quickly find a position of importance

Assessmenttraining session

of 2 days every 6 weeks

2weeks

3months

6months

5months1/2

red thread assignment

“THE GROUP’S

DESIRE IS TO SUPPORT

AND TRAIN EACH

EMPLOYEE TO ENSURE

THEIR FUTURE

AND TO PROMOTE

BEST PRACTICES.”

Olivier Poli,Human RessourcesStrategic Director

GRADUATE PROGRAMMECLASS OF 2018/2019

Around 15permanent contracts

1/3are women

2areas of expertise

(sales development and finance)

6 monthsof internal training

1 recruitment“event” day

2 operationalmissions

20individuals from the Group

sought out for selection

55young people evaluated

RECRUITMENT PROCESS OF THE GRADUATE PROGRAM

94 %permanent contracts

in 2018

62 63


26 %are women

23 %of the total number

of Managers are women

Equality and diversity

Feminization of the Group's governance bodies

Parity within Groupe Roullier’s governance bodies is one of the pillars of its action to promote professional equality. The feminization of these bodies is observed by the almost exclusively female composition of the Supervisory Board and the equal share in the number of men and women among the members of the Strategic Committee and the Executive Board.

Ty Mousses Babilou creche

As part of its campaigns to promote a better work/life balance, thus addressing an issue of equality, Groupe Roullier offers access to the “Ty Mousses” creche in Saint-Malo.

This partnership provides access to regular places in the creche.

Awarenessof disability issues

On 8 October 2018, sensory experiences and conferences were organised in Saint-Malo to raise awareness of disabled employees. Guided by visually impaired people, employees were invited to walk through the “Dark Lab” specially installed for the occasion, to learn how to use senses other than sight.

Working with adapted companies and associations

Groupe Roullier is appealing to several adapted companies and associations for disabled people to provide services related to the work environment. They are working in particular with CAT Armor to main-tain green spaces across their sites, as well as the association “Les bou-chons d’émeraude” (support for fa-milies with ill or disabled children), who recover plastic lids.

Collective agreements

Numerous human resources topics are subject to agreements with staff representative bodies: social dia-logue, profit-sharing, share-holding, work hours, supplemental health in-surance, etc.

In 2018, the collective agreement on strategic workforce planning, in place in France since 2009, was brought up to date. The preamble to the agreement sets out the impor-tance of employees to the Group’s growth.

Training, orientation, mobility, and professional development, in line with the strategic direction of the Group, are approached and im-plemented operationally and all the company’s actors are involved in this continuous improvement ap-proach. Particular attention is paid to the employment of young people and disabled people.

Timac Agro Italia:Great Place to Work

For the first time in 2016, TIMAC AGRO Italia participated in the Great Place to Work scheme, which rewards companies that offer positive employee experiences.

Proudly ranking 23rd nationally (for companies of between 50 and 500 employees), the Italian subsidiary took part in the Great Place to Work scheme again and came 20th in the 2017 rankings across all categories and achieved 3rd place in the classification for millennials (under 35 years old).

In 2018, TIMAC AGRO Italia continued their work on a continuous improvement approach for the well-being of their employees and published a “sustainability report”, which not only monitors the social dimension of their commitment but also the environmental and economic dimensions.

Timac Agro Brasil:Love Mondays

In Brazil, employees can express themselves through the Love Mondays platform. This website allows employees to evaluate their employer and make comments anonymously. The survey covers pay, quality of life, career opportunities and company culture. 96 % of the respondents recommend TIMAC AGRO Brasil. Thanks to this score, the Brazilian Agrosupplies subsidiary is in 17th position out of 70,000 companies.

Roullier OlympicGames 2018

On 21 September 2018, the first edition of the Roullier Olympic Games, open to French employees in the Grand Ouest region, took place on the beach in Lancieux.

500 people responded to the invi-tation, then forming 37 teams who competed against each other for a half-day of sport in the spirit of com-munity and good fun. A series of 10 activities (paddle-boarding, beach rugby, sumo fighting, blind racing, etc.) was offered, in teams of 10 to 12 employees. The event was cove-red by the company’s social media network, Yammer.

Through the R'JO, the employees reaffirmed their attachment to the pillars of the Group's culture: challenge as a cardinal value and a taste for surpassing oneself. Their obvious enthusiasm has greatly contributed to the success of this operation and its renewal in 2019.

Sporting association(AS Timac)

From the Sunday jogging sessions to which Daniel Roullier invited his employees, to the recent “Roullier Olympic Games 2018”, sport is used as a unifying tool within the Group. By way of example, the Group’s sporting association, AS Timac, allows employees from Saint-Malo and Dinard, as well as their families, to practice a sporting, cultural or manual activity. Over

30 activities are offered, including sailing, yoga, basketball, dance, scrapbooking, sewing, and so on.

Yammer

Yammer is Groupe Roullier’s inter-nal social media network. Launched in late 2017, it now has 2000 users worldwide and is currently being rolled out to ultimately bring all Group employees together.

It is provided to employees to facilitate communication and infor-mation-sharing and allow them to share discussions around thematic communities, areas of professional interest, and project groups. The users can find messages from Ma-nagement, best practices and testi-monies from other subsidiaries and job groups, team-building sessions or even expert publications explai-ning the basics of Animal and Plant Nutrition. Yammer thus helps unify employees, promote the transfer of knowledge, and encourage a fee-ling of belonging to the Group, in spite of the great range of different jobs and geographic distance.

Social dialogue and Quality of life in the workplace

Happy Trainees

Groupe Roullier are offering em-powering internships across our en-tire business. Constantly looking to improve this support, the Group has signed up to the Happy Trainees

certification programme. This certi-fication is awarded by Choose My Company, and is a confirmation of the quality and the mentoring of the offered internships.

For their first involvement in the programme, the Group came 19th in the French ranking of companies and groups with between 100 and 499 trainees

All the French trainees responded to an 18-point questionnaire.

The variety of tasks assigned as well as the trust placed in the trainees are the advantages most cited by respondents.

Happy Candidates

Beyond their commitment to young people, the Group chose to enter into a candidate experience impro-vement procedure by getting invol-ved in the Happy Candidates certi-fication programme. Also awarded by Choose My Company, this certi-fication testifies to the quality of the recruitment process.

For their first participation in the programme, the Group came 5th in the French ranking of companies or groups with between 1 and 1000 candidates, with an overall score of 3.9/5 and a recommendation rate of 78 %.


64 65

METHODOLOGY

SCOPE OF THE DPEF

The scope of the DPEF (Declaration of Non-Financial Performance) which has been applied for the 2018 period covers all entities with at least 1 employee, and which are either Proportionally or Fully integrated and active as of 31/12/2018. As such, dormant / non-active entities have been excluded, as have entities which were liquidated or sold off in 2018, those with no employees and those where equity method accounting is applied.

The scope of environmental information applies only to industrial sites.

INDICATOR PARAMETERS

The number of Group employees and positions includes our workforce as of 31/12/2018, excluding temporary workers and interns. The total number of training hours (internal and external) does not include the entities Candeias and Santa Luzia do Norte / Maceio, both owned by TIMAC AGRO Brasil.The number of employees having benefitted from at least one external training program does not include the entities Candeias, Santa Luzia do Norte, Cerrado, Sudoeste, São Paulo, Sul, as all six belong to TIMAC AGRO Brasil.

The quantity of network water consumed takes into account 2017 data for the Magnesitas Navarras company.

IDENTIFICATION OF RISKS

Risks were identified based on the ISO 26000 industrial standard. Using business models as a basis, natural risks were identified working from the central questions set by the standard and the scale of our activities’ social and environmental impact. The elements presented in the 4 key areas directly reflected the analysis of these risks.

ORGANISATION

A CSR committee involving the Directors responsible for core positions and support functions was established in July 2018. This committee was in charge of setting out a CSR dynamic coherent with the company’s objectives, and carrying out the collection of information for the DPEF.

VERIFICATION

The 2018 DPEF was the subject of an independent verification process carried out by a third party: the MAZARS agency.

66 67

The DPEF is published by Groupe RoullierC.F.P.R. - 27, avenue Franklin Roosevelt35408 Saint-Malowww.roullier.com

Tél. : 02 99 20 65 20

E-mail : [email protected]

By using CyclusPrint instead of non-recycled paper, your environmental impact is reduced by: 138 kg of material sent to be recycled, 27 kg of CO2, 278 km travelled in an average European car, 4 418 litres of water, 389 kWh of energy, 225 kg of wood.

Sources box: Calculations are based on comparing the recycled paper in question produced by Arjowiggins Graphic with an equivalent wood-free paper (data from European BREF for virgin fibre paper – manufacturing not included). Carbon footprint assessment is carried out by Labelia Conseil in compliance with methods drawn up by Bilan Carbone®. The results are based on technical information and are subject to change.

Publication director: Sébastien Chauffaut

Editor-in-chief: Marine Fillaut

Design, editorial content and graphics:Group Communication department& Fin Août Début Septembre Agency

Editor: Groupe Roullier

Photo credits: Groupe Roullier and its subsidiaries Marc Josse, Emmanuel Pain, Stéphane Maillard, Saulo Brandao, Pixabay, iStock, Adobe Stock.


www.roullier.com

ENABLING EARTH AND MANKIND TO PRODUCE THE BEST

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