O n e v i s i o n

O n e m i s s i o n

O n e G R O U P

3

A w O R d f r o m O l i v i e r S A L A U NP r e s i d e n t a n d C E O, P S B I n d u s t r i e s

For over a century, the success of PSB Industries has been

based on its values and the combined strengths of the

three brands — Baikowski, CGL Pack, and Texen. Each is

a market leader, and each has decisive advantages and a

genuine culture of accomplishment.

This exceptional industrial heritage forms the base upon

which PSB Industries has established new objectives, as

set out in the ‘Ambition 2020’ plan. The following pages

show how this winning strategy will take shape — in

stages and in clearly defined markets. This is a winning

strategy for customers, partners, employees and

shareholders.

The strategy will encourage us to nurture the values

shared by our 1,430 employees, the complementary fit of

our skill sets, our passion for innovation, and our rich array

of talents.

By focusing ever more intently on satisfying customers

and development both in France and internationally, we

will build tomorrow’s PSB Industries group together.

« To the person who

does not know where

he wants to go there

is no favorable wind » (Seneca)

4 5

P S B I N d U S T R I E S TO d AY

Over

60%

of sales from international operations

An international group founded in 1904 For over a century, the PSB Industries group has steadily advanced with growth and innovation.

Listed on the stock exchange since 1955, PSB Industries is fully international and resolutely

entrepreneurial — recognized as a key strategic partner in each of its markets, combining

technological expertise and French know-how.

Actively involved shareholders from industry:

Leadership positionsThe three PSB Industries business units (Baikowski, CGL Pack, Texen) have the same

commitment to excellence and the same determination to deliver customer satisfaction.

These strong values have enabled the Group to achieve leadership positions in all its markets.

Attention non vect !!!

Cachat family 18,0 %

Entremont family21,2 %

Provendis10,4 %

Institutions and public

32,1 %

Treasury stock 1.4%

Wirth family 16,9 %

World number 4in beauty packaging

>

World number 1in fine mineral products for lighting

>

Number 1 in France for custom packaging

>

P r e s t i g i o u s r e F e r e N c e s

Excellence is demanding. In each of its markets, PSB Industries partners

with leading brands to deliver innovation and expertise.

Luxury & Beauty L’Oréal Paris, Lancôme, Chanel, Coty, Yves Saint-Laurent, Clarins, Dior, Yves Rocher, Estée Lauder, Cacharel, Kenzo, Helena Rubinstein, Givenchy, Guerlain,Van Cleef & Arpels, Lanvin, Armani…

Food& consumer goodsBigard, Bonduelle, Mix’Buffet, Bongrain Martinet, Marvinpac, Eurial, Dim, Seb...

Healthcare & Hygiene Nice-Pak, Atrium Medical,Smiths Medical,BD Pharmaceuticals,bioMérieux, Sanofi,

Lilly, St Jude Medical...

Lighting& High-tech industries Philips, General Electric,Osram, Sony, Toshiba,Air Products, WD40,Schneider Electric, Autoliv, Bosch …

Clearly identified markets

> lighting&High-tech industries• Position ourselves as leaders in high-end

LEDs and anticipate changes in conventional Lighting

• Continue to innovate and co-develop to serve high value niche markets (Ceramics, Batteries, Crystals, Precision polishing)

• Expand downstream in the value chain with formulation

> food&retail • Improve profitability by optimizing

customer portfolios and develop horizontal and vertical opportunities

• Develop private label products

> Healthcare&Hygiene• Substantially grow in the

healthcare area with greater presence in the United States, acquisitions in France, and investment

> luxury&Beauty• Strengthen manufacturing presence in the Americas and set up operations in Asia to benefit from growth in emerging countries

• Gain new customers in beauty • Expand in the spirits market

Foster industrial excellence Have state-of-the-art manufacturing facilities in terms of know-how and effectiveness through investments and continuous improvement.

>

Make winning marketing choicesDisengage from non-core markets and develop, in particular internationally, to position ourselves as a leader on our core markets and acquire new customers.

>

continuously innovate Be a permanent source of innovation and improvement to ensure the success of our partners through co-development.

>

stay true to our sustainable and human valuesConsider social responsibility (safety, environment) and our talents (development and promotion of our key competencies) as our utmost priority.

>

Anticipate the future through strict financial managementContinuously improve our financial performance to provide the means to achieve our ambitions and ensure the Group’s future.

>

7 8

o u r s t r At e g i c F o c u s A r e A s

* Return on Capital Employed

• satisfy customers

• reinforce Our leadership, our brands, our expertise, our competencies

• double sales in our strategic markets • Acquisitions in France and internationally • Targeted investments• A dynamic culture of innovation and continuous improvement

• Generate a rOCe* of over 13 percent

PrOfitaBle GrOwtH strateGy

6

P S B I N d U S T R I E S TO M O R R O w

P s B INDUSTR IES

o u r VA L u e s

Assume our corporate responsibility, leveraging the human and environmental dimensions.

> Respect

> Ethics

>Team spirit

Focus on innovation and know-how as long-term factors of success.

> Performance

> Excellence

> Creativity

Exceed customers’ expectations as we co-create values.

> Engagement

> Professionalism

> Continuous improvement

Be the preferred industrial partner in the following markets:• Food,

• Lighting and high-tech industries,

• Luxury & Beauty,• Healthcare & Hygiene

> Through responsibility, passion and innovation, to promote progress and well-being.

our VisioN

Anticipate and satisfy the needs of our customers

> Through our teams’ efficiency and unique know-how.

our MissioN

PSB Industries conceives, develops and produces innovative and tailor-made solutions

> To optimize the performance of its industrial partners leaders on their markets.

our PositioNiNg

BP 22 - 74001 Annecy Cedex - France

Tél. +33 (0)4 50 09 00 02www.psbindus.com

© P

SB In

dust

ries