Review 2014 Responsibility Social Corporate Ferring Responsibility Corporate Social Section One 4 Introduction 5 A message from Michel Pettigrew, President of the Executive Board and Chief Operating Officer

Section Two 6 Our Business 7 ‘At a glance’ facts and figures 8 Ferring Global Locator Contents Section Three 10 CSR at Ferring 11 The Ferring Philosophy 12 CSR Statement 13 CSR Taskforce

Section Four 14 Our CSR Pillars 15 CSR Structure 15 Stakeholders 16 People 18 Business Ethics 20 Environment 22 Community

Section Five 24 The Road Ahead 25 Our Plans 26 CSR Projects

Ferring In this review we describe Corporate Ferring’s initiatives and commitment Social Responsibility to Corporate Social Responsibility (CSR)

© 2015 FERRING, the Ferring logo and other Ferring product names included herein are trademarks of Ferring B.V.

2 3 4 Section One Introduction to developingour thinkingwithyouovertime. forward tosharingwithyouourstorydateand makes uswellplacedtogofurther. We look philanthropy andengagementinourcommunities our business.Equally, ourstrong historyof time builtamore formalapproach toCSRin On thisfirmfoundation,wehave forthefirst make uptheFerringcommunity. well astheexpectationswehaveofthosewho patients, employees,physiciansandpartners),as sets outwhatweexpectofourselves(towards our people atthecentre ofevery decisionwemake; People ComeFirstatFerring.Thisphilosophyputs of Ferring’s business:TheFerringPhilosophy, core, ourvisionforCSRrests onthecornerstone forward.how weintendtotakeourjourney Atits we meanbybeingagoodcorporatecitizenand Our firstCSRreview setsout toexplainjustwhat creation ofongoingemploymentopportunities. products, acontributiontowards taxesandthe beyond justthemanufacture andsaleofour an industrythat,likeothers,hasresponsibilities primary responsibility. Butwealsobelongto to thoseinneedaround theworld.Thisisour delivering safeandlife-enhancingtherapies great responsibility –thatofdevelopingand We belongtoanindustrythatischargedwith Responsibility (CSR)review. to introduce ourfirstCorporate Social approach, whichiswhyIam delighted more thanjustatraditional business the worldinwhichweoperaterequires for aliving.Butweare alsoaware that for over60years.Thisiswhatwedo and livesofpatientstheirfamilies Ferring hasbeenimproving thehealth charged withgreat responsibility...” “We belongtoanindustrythatis President oftheExecutiveBoard and ChiefOperatingOfficer Michel Pettigrew do to saythatwehaveachievedwhatsetout Taskforce todirect ourCSRefforts.Iamdelighted the creation ofaseniorcross-functional CSR the adoptionofaformalapproach toCSRand In 2012theFerringExecutiveBoard approved that wecanachievewhatsetouttodo. on thisjourney, becauseitisonlywithyoursupport have around theworld,and Iinviteyoutojoinus impressed bysomeofthe great storieswealready very proud ofourfirstformal stepsonthisjourney, We knowwecannotdoit alone. Iampersonally profits second. permission toputscienceandmedicinefirst, we resource ourbusiness.AtFerring,wehave it givesusmore control overwhere andhow private ownershipbringsoverpublic.Inshort, business, weknowtheuniqueadvantagesthat have gonebefore us. But asaprivately-owned follows inthefootstepsofothercompanieswho We acknowledgethatourapproach toCSR last sectiononTheRoadAhead. ambitions forthefuture. These youwillfindinour review), andbeguntheprocess ofsettingoutour (the highlightswhichare shared withyouinthis inventory ofouractivitiestodatearound theworld Statement andGuidelinesglobally, conductedan to date. We have President oftheExecutiveBoard rolled and ChiefOperatingOfficer out Michel Pettigrew our first formal CSR

5 Section One – Introduction from the COO ‘At a glance’

facts and figures More than 14% reinvested back into R&D €1.4 billion in 60 countries revenue (2013) with a market presence (distribution in 110 countries) – Our Business Section Two Section Two

Operations: Research & Development, Marketing & Sales, Manufacturing We develop and market innovative products in the areas of reproductive health, urology, gastroenterology, endocrinology and orthopaedics. Reproductive Orthopaedics Health Gastroenterology Our research activities and products focus on providing tailored treatments that work on the body’s own terms. This means we enable doctors to combat numerous diseases and Urology Endocrinology medical conditions by pioneering the use of peptides and proteins to work on the body’s own endocrine systems to restore patients’ balance and good health. Five Key Therapy Areas

Our Business 60+ years in operation after being founded in 1950 by Dr. Frederik Paulsen Ferring Pharmaceuticals is a research-driven, in Sweden specialty biopharmaceutical group active in all key global markets

Over 5,000 people employed around the world

6 7 Ferring Global Locator Ferring’s vision is: • to become the global scientific leader in reproductive health, including obstetrics. Ferring is committed to progress in the field of Assisted Reproductive Technology (ART) to help couples that are affected by infertility worldwide. • to be a recognised specialist player in – Our Business Section Two urology, gastroenterology and orthopaedics. – Our Business Section Two ▲ • to continue to achieve excellence in peptide and endocrinology research. • to address patient and provider needs through value-added product innovation and lifecycle management. For more information on our therapies and medicines, please visit our website: www.ferring.com

Ferring around the world

▲ Headquarters in Saint-Prex, Switzerland Marketing and sales operations in 60 countries Manufacturing network in ten countries “Addressing patients’ medical need is always at the front (Argentina, China, Czech Republic, Denmark, of our minds. We focus our research on proteins and Germany, Israel, Mexico, Scotland, Switzerland peptides, we call this medicine on the body’s own terms. and US). India – under construction Our objective is to bring health benefits to patients and R&D Centres in China, Denmark, India, society as a whole.” Israel, Japan, Scotland, Switzerland and US Pascal Danglas Executive Vice President Chief Medical Officer

8 9 Ferring Philosophy – People come first at Ferring

People come first at Ferring because: At Ferring we understand that our primary Patients using our products and physicians responsibility is the delivery of therapies that prescribing them have a right to expect that: bring long-lasting benefits to patients, and in • we will only make available those products in which we have full confidence.

some instances save lives. We also understand – CSR at Ferring Section Three that we have a broader societal responsibility • we will offer the best possible products at the most reasonable cost. to do this in a way that maximises the positive, and minimises the negative impacts we have • Ferring’s employees will always display courtesy and respect, and act professionally. on the communities and the environment Ferring seeks the loyalty of these patients and in which we operate. This is what our physicians, and we are prepared to earn this loyalty Section Three stakeholders expect of us and it is what we anew every day. expect of ourselves. Ferring expects that its employees will create value for the company and its stakeholders. Our Philosophy and Business Intention Ferring’s Philosophy, ‘People come first at Ferring employees, at all levels, have a Ferring’, is the cornerstone of our business and right to expect from the company and our approach to CSR. It sets out what we expect their colleagues: of ourselves (towards our patients, employees, • respect, support and encouragement. physicians and partners), as well as the • a work environment that is safe, stimulating expectations we have of those who make up the and rewarding. Ferring community. It is this approach that drives • the freedom to make mistakes and to admit our core business intention: to them without fear of retribution. ‘Improving people’s health through • that the highest standards of integrity will be medicine on the body’s own terms’. maintained at all times. • that colleagues will never knowingly do anything to compromise their position as Ferring employees. • that all who represent Ferring will do so in ways that generate respect for the company and its employees.

CSR at Ferring Ferring asks its employees to: • always do what is right, proper and ethical, and Our approach to CSR encourage your colleagues to do so. • Speak out when you think that wrongs are being committed in Ferring’s name. – an overview • Be loyal, but only to that which is just, equitable, honourable and principled - and true to the Ferring Philosophy. No statement of principled behaviour can ever cover every situation, or deal with every contingency. It can only set the tone, making each individual responsible for applying that tone to his or her everyday practice. We strive to set that tone with five simple words:

People come first at Ferring

10 11 “At Ferring we have a great cross-section of Our CSR Statement expertise and wisdom in our CSR Taskforce. We also have the support and commitment of senior management and the enthusiasm of all Building on our Philosophy’s firm foundation, those who have been involved in our activities we define our CSR Statement as follows: to date. We will now be looking to colleagues around the world to further support these The start of our CSR journey – CSR at Ferring Section Three People come first at Ferring efforts because CSR is a task for each and – CSR at Ferring Section Three CSR has been a part of Ferring’s business every one of us in Ferring.” The Ferring Philosophy places people at the heart of what we do. within the countries for many years and in We will address the needs and support those on whom we have an 2012 the Ferring Executive Board agreed Helen Gallagher Senior Director Corporate Communications impact in the communities where we operate. to the initiation of a global approach for and CSR Taskforce member Our philosophy and values determine not just what we do, but CSR. A global taskforce was established how we conduct ourselves in the marketplace, with our patients, with a mandate to develop this and to give employees, regulators, business partners and local communities. direction and structure. The launch of our Our CSR Taskforce We aim to listen with respect and act with integrity. CSR Guidelines in 2013 has assisted us in In 2013 Ferring established a cross-cultural and defining our intention, our framework and cross-functional global taskforce to steer the We believe that in a resource-constrained environmentally the steps ahead. Following a global roll-out progress of CSR in the business. It also exists to challenged world, it is our duty to minimise our impact on the of these guidelines, we have completed guide and support Ferring affiliates in developing environment wherever we operate. a review of the activities currently taking their respective journeys, help define future Our approach rests on the belief that in order to have a healthy place across all the Ferring affiliates. These strategies, and to report progress to our Board tomorrow, we must think beyond the needs of today. We aim to activities provide a sound basis for moving on a regular basis. harness our research and expertise to secure a better future for all. CSR towards a more focused and integral part of how we do business at Ferring. The current members of our Taskforce (Please see our section on The Road Ahead are as below: for more details). Eric Breumier Making a difference to people’s Vice President, European Commercial Operations health and quality of life, Helen Gallagher Senior Director, Corporate Communications today and tomorrow. Aaron Graff President and COO Ferring US Julian Jenkins Senior Medical Director, Global Medical Affairs Paul Korner Senior Vice President, Development US Susanne Korsgaard Executive Director, Global Ethics Office Stefanie Lowey von Seckendorff Vice President Corporate Human Resources Caroline Serra Head of Global Environment, Health and Safety Betul Susamis Unaran Director Operational Planning Oleg Zhurov Senior Director, Global Business Intelligence

If you would like to contact the CSR Taskforce please email: [email protected]

12 13 Our CSR Structure Ferring’s Stakeholders Our approach to CSR is firmly rooted in our Our stakeholders are those we impact, directly founding philosophy and guided by our Business and indirectly, in the course of doing business. Intention. Together, these elements drive our focus They include: employees, patients, physicians on our four CSR ‘pillars’: People, Business Ethics, and healthcare community, regulators, business Environment and Community, and their respective partners, suppliers and the local communities objectives, as illustrated below. in which we operate. We have a responsibility

towards them and they are a core focus across Section Four – Our Pillars the four pillars of our CSR activities.

CSR Pillars Our Key Stakeholders

ities un Pa Section Four m tie om nt l c Sa s ca ortive fegua • Patients Lo upp a rdin a s n the nd we g s en i llbe the • Employees a itiz hich effe ing ir ng c in w ctive t h ti te ds th o ea c ra oo br er pr lt A o rh te ing ap ov h rp u era re ie id o o p al s e People c hb o va th g we lu a ei e t n P r r o e v , w i w d e a l a in • Physicians it r E ib s n h d g s y s m r s l d i l e r n a o n e p • Healthcare a n e g t o i w g n s l a o l p s p a e c o l u n y u s e o r e community e b d c g d k r u e t t p e n r , s s a g n a l R t s a

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• Suppliers S f a s a o t n t h a f m • Business partners d e e r a n r g o y t d u f it s u t s a r u a a l in n • Regulators e p r r u n ie n s d d c t; o u d p p s i p l n a c e a m t e y o g e t r h c e m in f h g p a Environment e ts q ig in s c th o a u h t e u c e b a a r e S n m l e l d e v o ity r a e g r u ir th a C tu d d a p o nn u n -e c p n pe e m a g h li m o r n lt e e p ti a rs n le Es t, ut e t tablishing hones c h t & rans d fair ns parent an ia b ic Our Pillars • Local communities usiness together ys Ph

Detailing our Pillars and Community Business partners associated activities

14 15 Examples of our work Heartbeat – Preserving the Future – US Ferring US’s Heartbeat programme is designed Support for humanitarian for women of reproductive age who have recently People disasters – global been diagnosed with cancer. In partnership with We give to causes that demand a global Walgreen’s Pharmacies / Mandell’s Pharmacy, it People Introduction response. Examples of our support include: provides free access to certain fertility medication Aligned with our philosophy, people are the cornerstone of Ferring’s CSR Project HOPE, Médecins Sans Frontières and and educational resources to women who wish

Section Four – Our Pillars International Committee of the Red Cross (ICRC). to safeguard their fertility prior to the start of their Section Four – Our Pillars Objective structure. This means our patients, their families and advisers, healthcare Support, develop Project HOPE provides medical treatment to cancer treatment. Over US $300,000 has been and meet professionals that reach patients, our employees, and those on whose lives we people in areas of catastrophe through clinics committed to this ongoing programme so far. people’s needs can make a positive impact with our expertise and resources. and donations. In 2013 Ferring donated to the and rights Philippines Red Cross following Typhoon Haiyan IBD ASSURANCE Programme and also matched every donation that employees – Asia-Pacific made through the ICRC. Developed at St Vincent’s Hospital in Melbourne and the National University Hospital in Singapore, Together for Maternal Life – global the ASSURANCE programme is a web-based We look for ways to support causes or concerns Every two minutes, a woman dies from clinical guide, reporting system and database that bring medicine to patients in need. We provide complications related to pregnancy and childbirth. developed to assist in cancer surveillance in support to patient communities professionally, Most of these deaths are preventable. Ferring patients with inflammatory bowel disease (IBD). medically or financially in critical areas of therapy is collaborating with MSD (Merck in the US and The project is designed to reduce the risk of in which Ferring has expertise. This includes Canada) and the World Health Organisation patients developing colorectal cancer by offering the support that we give to patients and patient (WHO) to advance a new formulation of carbetocin physicians an easy way of monitoring patients. associations in our therapy areas, and the support (a medicine used to prevent excessive bleeding The programme was launched in January 2014, to doctors through education and training. in women after childbirth) that is designed to be initially with a 1-year grant (AUD $150,000) from stable at room temperature. This could make a Ferring Australia, Singapore and Hong Kong. For our employees we have progressive policies critical difference in developing countries where in people management and professional cold storage is a challenge. The study involves Best adoption-friendly workplace development. We integrate our philosophy of 29,000 women across 12 countries, and will In partnership with the Dave Thomas Foundation ‘People Come First’ into our working culture, inform the WHO’s decision to add carbetocin to for Adoption, in 2009 Ferring US established for example in many of our appraisal and its Essential Medicines List. company policies providing new adoptive parents remuneration systems. As a company working with financial support and leave. The company across many different cultures globally, we also Feel+ Programme – Belgium, has committed between US $25-50,000 a recognise the broader needs of our employees Denmark (Europe) year over the past five years to this initiative. In and have schemes to support further education In 2010, Ferring Belgium in collaboration with local recognition for this commitment, Ferring US came and cultural integration. Fundamentally, we provide experts, created a patient support programme to first in the Dave Thomas Foundation ranking a safe and healthy place to work. manage the side effects of androgen deprivation on best adoption-friendly workplaces in the Ferring is progressively implementing improved therapy in prostate cancer patients. The Feel+ pharmaceutical industry in 2013, and second safety standards at all our sites, including programme is endorsed by Europa Uomo, the in the overall top 100 Best Adoption-Friendly manufacturing sites. European prostate cancer patient coalition and Workplaces List. its Belgium counterpart Wij Ook. It includes a range of support of aids for patients, including a patient booklet, diary and education sessions for physiotherapists. So far 22 hospitals have “At Ferring we are proud of our commitment to implemented the programme, more than 2,000 patients have participated, and it has been science and our respect for all views. This defines extended to Denmark. how we interact with external stakeholders and build lasting partnerships to improve patient care.” Paul Korner Senior Vice President, Development US and CSR Taskforce member

16 17 18 Section Four – Our Pillars ourselves ethically compliant withethicalrules and toalwaysdotherightthing.” by thephilosophy. Thephilosophysupportsourefforts tobe the waywerelate topatientsandphysiciansispermeated production, marketing,thetoneinallourofficesandlabs, and and ethicalstandards atFerring.Ourstrategy, research, “The FerringPhilosophypinpoints thevalues,principles, Business Ethics in themarket Objective Conduct place how wework. and Compliancepolicies.Upholdinggoodbusinessethicsliesattheheartof therapies. ThispartofourCSRactivityisunderpinnedbyBusinessEthics from responsible sourcing through toresponsible marketingofourproducts and suppliers andbusinesspartnersthoseworkinginoursupplychain–ranging and ethicalconduct.Italsocoversourapproach towards otherstakeholders– Business EthicsatFerringisaboutthestandards thatdefineourlegalobligations Introduction Business Ethics Global EthicsOfficer, andCSRTaskforce member Susanne Korsgaard issues that concern them. issues thatconcern encourage employeestospeakuponanyethical as atooltounderstandtheirresponsibilities and Each managerisexpectedtousethebooklet successful andethicalmanagementwithin Ferring. Philosophy intosimpleandpracticalguidelinesfor survey in2011.AhandbooktranslatestheFerring address issuesandgapsthatarose from the Our LeadtheWay programme isinplaceto on employeefeedback. progress andwillcontinuetostrengthen itbased areas, howeverweseethisinitiativeasaworkin more recent surveyindicatedimprovement inall programme,e-learning launchedin2013.A employees tothedevelopmentofethics aimed atincreasing ethicalawareness among culture. Theserangedfrom localinitiatives actions were takentoimprove ourcompany As aresult ofonesurveyin2011,anumber about howweliveuptoourownstandards. and surveystotakethecompany’s temperature Ferring regularlyassessments conductsinternal assessmentsandsurveys Internal competencies through integrityandcompliance. relationships andstrengthening leadership strong culture ofopennessandtrustbyimproving contexts andnorms.Ourgoalistoestablisha is adaptedtotakeintoaccountlocalcultural operating practice(SOP).Globallyled,thistraining Business EthicsTraining Responsibilitiesstandard in groups) onethicalbehaviourbasedour employees regularly (facetoface,online,and Our establishedEthicsOfficetrainsFerring Ethics Office Examples ofourwork support onissuesofconcern. it givesemployeesanindependentmeansof encouraged totryaddress issueslocallyfirst, 180 different languages.Whileemployeesare company runstheserviceforusinmore than in ourBusinessEthicsPolicy. Anindependent Ferring runsanalertlinetoflagupbreaches Employee AlertLine

19 Section Four – Our Pillars Examples of our work Carbon emissions (relative to sales) 2010-13 In our manufacturing sites, we have ongoing Environment efforts to reduce energy consumption, water and 0.025 waste, and improve our work environment: 0.020 Introduction 0.020 Greenhouse gases (GHG) Environment In a time of natural resource scarcity, climate change, growing populations, 0.0168 emissions reduction: 0.0144 and concerns over pollution and waste, we must play our part where we can. 0.015 0.0137 Section Four – Our Pillars Objective Our target is to reduce GHG by 10% by 2020 Section Four – Our Pillars Minimise our As a global business we want to improve the environmental footprint of our against a 2010 baseline. Some of our sites around 0.010

environmental activities throughout our full supply chain, from the sourcing of materials to the the world are already exceeding this target. Some tCO2-eq/K EUR footprint manufacture, supply and distribution of our medicines. This means the water and of our production sites now purchase additional 0.005 energy we use, the packaging we design, and the waste we generate. shares of renewable electricity delivering significant reductions in C02 emitted. Our production plant in Kiel in Germany switched to green electricity 2010 2011 2012 2013 sourcing in 2010, resulting in zero GHG emissions. GHG index scope 1&2 (group sales) Relative emissions decreased by 30% Aiming for zero work related injuries: between 2010 and 2013 In 2014, the construction of our new active There are also a number of initiatives from Our definition of environment also extends to We integrate environmental considerations into pharmaceutical ingredient (API) manufacturing our marketing and sales offices focused the working environment – namely the health the business in several ways: Quality by Design site in India achieved over 2.5 million man-hours waste reduction: and safety of our employees, contractors and and Lean Six Sigma, green purchasing policies, without any recordable injuries. anyone present on our sites. Our approach sustainable manufacturing practices, training • A multi-province waste stewardship Taking the initiative on is set out in our Global Environment, and education. All Ferring affiliates are actively programme in Canada focused on collection Health and Safety (EHS) vision and policy, encouraged to engage in activities specific to waste management: and recycling of packaging. which reinforces the need for continuous their local markets or operations. Ferring has a number of programmes around • Disposal of unused medicines in Brazil improvement in all our environment, health the world aimed at reducing the impact of our Over the next five years we plan to continue to through our Preservômetro programme. In and safety practices. medical waste and packaging including: optimise water and energy consumption, minimise 2013 we safely ensured disposal of 5,700kg waste and reduce our emissions through: • Packaging reduction in Spain. Ferring Spain of medicine. reduced the carton weight of its packaging by • Continuous improvement of environmental, 43% between 2013-14, the equivalent to 1.6 health and safety performance. Ferring tonnes of carton weight per year. is progressively implementing internationally recognised management systems to ensure • Sustainable packaging in Switzerland. our programmes are sustainable and effective. We have made a change in the secondary ISO14001/ OHSAS18001 standards are being packaging of our key medicines to reduce weight followed at all our manufacturing sites with by 10%. certification by accredited registrars. • Monitoring of key performance indicators. We routinely monitor our CO2 emissions, energy and water consumption, waste volumes and treatment methods and set stretch targets “We are conscious of our environmental impact and for improvement. we are looking for ways to optimise our resource • Training and education. Create a culture usage and save energy. We are implementing and of awareness of the environment and safe tracking progress on environmental improvements work practices. along our value chain. I truly believe everybody has • Conduct regular audits and management a role to play and our individual choices, actions and reviews. We regularly monitor our progress behaviours will make the difference.” to ensure that we are focused on achieving our goals. Caroline Serra Head of Global Environment, Health and Safety (EHS) and CSR Taskforce member

20 21 Examples of our work We are also proud to support many other community projects around the world: Ferring CSR for the next generation – Mexico Israel’s sponsorship of a scientific support Community Ferring Mexico engages the community in CSR programme at Netsach Israel elementary activities by conducting a drawing contest for school encourages young children to take an Introduction Ferring children and relatives aged between three interest in science; our Czech office’s support Community and thirteen. The children are asked to draw a At Ferring we want to be known as a company that engages actively with the of training to nurses gives them the ‘soft picture describing CSR to inspire families to discuss local communities in which we operate. It is part of our philosophy and it is a communications skills’ they need to support Section Four – Our Pillars what CSR means. This engages employees and Section Four – Our Pillars Objective women going through IVF. Engage with and great way for colleagues to get involved in local issues and causes that are helps to build awareness of CSR and pride. support the close to their hearts and their work community. For a full inventory of our activities around the communities ‘Adopt a Spot’ – US world please see the appendix of this Review. around us Ferring US initiated a “Living the Philosophy” programme which grants employees one day per quarter to volunteer in their local community. A key area of focus is on housing for the poor or homeless. There is a particular emphasis on building transient housing for returning military The activities within this pillar are typically the veterans suffering from Post-Traumatic Stress philanthropic or ‘giving’ parts of our CSR work and Syndrome (PTSD) coupled with substance abuse. are linked to charities or projects that are either: In 2014 Ferring US helped raise over one million • Relevant to Ferring’s areas of expertise USD through COMMUNITY HOPE, a local New (e.g. health, education) that enable access to, Jersey not-for-profit organisation dedicated to advice on treatment or care; or housing at-risk military veterans. • Focused on what local colleagues Voluntary work – Austria believe are important and relevant to the Six years ago Ferring Austria established a communities in which they operate around our volunteering policy that allows employees to manufacturing and operational sites. take time off from work to support a social organisation. Ferring provides employees with two to three days of paid leave towards a week of volunteering. Volunteers have supported charities where they provide homeless with warm meals, clothing and support from social workers to reintegrate them back into society. Employees tell us the volunteering gives them greater job satisfaction and a sense of reward that they can contribute to the local community. Since the policy was established six years ago 20% of employees have been involved. Supporting learning in obstetrics – Ilumens, France In 2012 Ferring France began sponsoring the Medical Teaching University Laboratory in University of Paris-Descartes to support and “Supporting the communities where we answer healthcare professionals’ growing demand live and work reinforces the true spirit of for virtual learning in obstetrics. The lab specialises in using digital technologies and simulations for the Ferring Philosophy.” innovative and structuring learning of scientific Aaron Graff literature. Ferring organises medical simulation President and COO of Ferring Pharmaceuticals US, workshops with healthcare professionals. These and CSR Taskforce member innovative and high quality workshops are developed with obstetricians, anesthetists and midwives every other month.

22 23 Our Plans In the coming period we want to: • build a strategy that will allow us to become an Ferring is taking a gradual approach, acknowledged CSR practitioner in our industry, combining the many local initiatives to fit over the mid-term. into a global CSR strategy, that reflects • Integrate CSR into the business thinking both our aspirations as well as the of our management so that the regular business decisions we take reflect our practical daily realities of running a global wider responsibility to society. business. To date, we have achieved • Consolidate and grow our current what we set out to do: following a clear scope of activities to cover all our Section Five – The Road Ahead mandate from the Executive Board in global business regions. 2012 to initiate an approach to CSR, • Identify CSR champions and advocates

Section Five across the business to support our work we have established an international globally and locally. taskforce, written and published our • Engage and work with our stakeholders on CSR Guidelines, and developed an our sustainability programmes. inventory of our global activities. We We recognise that we need leadership and have at the same time incorporated commitment from all our senior management around the world in order to progress and achieve CSR intentions into our official Global the above. We will also need the continued Business Plan for 2015-19. support of our stakeholders.

Our direction for the coming two to three years will, as well as embracing the objectives The Road Ahead above, focus on progressing key activities across our four pillars as follows: People Environment Building aspirations • Develop a signature global • Focus on building a global project to which Ferring sustainable sourcing strategy can make a unique and that fully integrates best into daily realities transformational difference practice EHS policies with our “The inclusion of CSR in our global business plan this year is through its medical expertise. key suppliers and third parties. a clear demonstration of our commitment to it as a strategic We will work with a global team • Ensure we meet our imperative. Our plans outlined must be seen as part of a and senior managers to identify established targets on energy/ this project. process of culture change at Ferring that aims to keep us water/waste reduction. on track as we strive to set and achieve more measureable outputs under each pillar in the future. Through training, sharing Business Ethics Community ideas, rewarding good practice and making CSR objectives • CSR outreach: consider • Facilitate the adoption part of individual performance, we can enable this change. We initiating a formal and sharing of locally- look forward to hearing your feedback and sharing our future consultation with some of recognised community progress with you.” our key opinion leaders, programmes across the business academic, regions and markets. Michel Pettigrew commercial and research President of the Executive Board and Chief Operating Officer • Encourage individual partners as well as employees markets to adopt volunteering to inform, challenge and guide policies to support and embed our approach and reporting. this work.

24 25 26 Section Five – CSR Projects campaign. Belgium STOP colorectal cancersupportfordiseaseawareness Prostate Cancerfundraising.Canada education. Ireland Pharmaceutical andrelated societysupportfor Open dayoffice“Bringyourkids”.Austria Denmark, FICSA,Mexico,US Movember atFerring.Canada,CzechRepublic, enuresis. Italy Web project providing informationaboutnoctural Ireland Irish medicalsocietiessupportforeducationalmeetings. ILUMENS medicaleducationprogram inobstetrics.France Heartbeat –Preserving the Future program. US awareness andresearch fundingforIBD.FICSA Ferring-DigestScience CyclotourduLacLemantoraise Australia, Singapore, HongKong Ferring supportfortheASSURANCEProgramme. Ferring Philanthropy /Donations.Austria therapy. Belgium Feel+ program donationforeducationonhormone Austria Feel+ gymnasticsforpatientsunderhormonaltreatment. Educational supportof“end-of-lifecare”. Austria return totheworkforce. US Dress forSuccessdisadvantagedwomenseekingto Drawing contestforchildren. Mexico research. Belgium Crohn RCUHAssociationWallonia donationforIBD research. Belgium Crohn ColitisAssociationFlandersdonationforIBD Company CaringSystem.HongKong Czech Republic Communication skillstrainingforIVFnurses. Communication andpeopledevelopmentinSMP. FICSA Colon CancerCanadarun. medicine. Ireland Clinical supportinvestinginimproving thepracticeof Barnardos. Ireland Charitable supportforPituitaryFoundationand Canadian CancerSocietyfundraising.Canada Best Adoption-FriendlyWorkplace. US PEOPLE PILLAR CSR Projects Lake Geneva.FICSA Elemo Program helpingresearchers more learn about Canada Donation ofusedcomputerandprinting equipment. Disposal program forunusedmedicines.Brazil IS systems.FICSA Data Centre migrationtoimprove energyefficiencyfor management. France DASTRI creation ofeco-organismforwaste CO2 taxexemptionproject. FICSA FICSA Chair ofAquaticScienceandLimnologysponsorship. Car poolingprogram. FICSA Argentina Capacitive reactive energyatmanufacturingsite. Air changeratereduction forHVAC systems.FICSA Acetone managementprogram. FICSA 5-ASA wastemanagement.FICSA beautification ofapark.US “Adopt-a-Spot” Program providing upkeepand ENVIRONMENT PILLAR Tribute toWomen Veterans eventsponsorship.US Transparent businessdata.Italy formulation. FICSA Together lifecollaborationfornew formaternal Sales Force EthicalCertification.CzechRepublic Law 231Project. Italy for parents ofchildren withGHdeficiency. Italy Endocrinology Green toll-free numberfordevicesupport Canada Collaboration withCanadianNaturopathic College. Breakfast andapplesforemployees.Canada Italy Adoption ofaISO9001QualityManagementSystem. BUSINESS ETHICSPILLAR donation. Belgium WIJ OOK-Prostate CancerPatientOrganisation VSL #3AnniversarySale.Canada Verano Ferringworkexperienceprogram. Mexico Theodora Foundationsubsidy. FICSA Support ofFrench IBDpatientassociationAFA. France Czech Republic Employment supportforpeoplewith specialneeds. Brazil Donation tothechildren’s hospitalPequeno Príncipe. Donation forvictimsoffloods.Argentina Community SoupKitchen.US multi-unit homeforveterans.US Community Hope/HabitatforHumanityrepair ofa Christmas JewelleySalefundraising.Canada livestock. FICSA Agreement withSt-Prex farmertosupplyhayforhis 2014 InfertilityAwareness Year funding.Canada COMMUNITY PILLAR FICSA Yield PentasaManufacturingimprovement project. recycling. Argentina Waste recycling donatedtoapublichospitalfor Waste management program. FICSA Transport managementoptimisation.FICSA Temperature monitorsimplemented.Canada Argentina Re-use ofpaperonbothsidestoreduce waste. Reforestation program. Mexico Germany Reduce electronic wasteandsupportthecommunity. FICSA PW systemmodificationtoreduce waterconsumption. Provincial post-consumerrecycling programs. Canada Packaging wastedisposalreduction project. Spain environment. Canada Office environment Project tominimisetheimpacton the Needle donation.Ireland Argentina Maintenance ofairconditioningtoreduce noisepollution. LED installationprogram. FICSA ISO 14001andOHSAS18001Certifications.FICSA and upgradingtechnology. Argentina Hazardous wasteminimisationbyimproving procedures Environmental awareness policy. Ireland Energy savingthrough aswitchtoLEDlamps.Argentina savings. Israel Energy ManagementSystemtoidentifypotentialenergy foundation. CzechRepublic Wall calendartoraisefundssupportamaleinfertility Italy VSL#3 webproject providing informationonprobiotics. Troopon collection. US fortunate children inthearea. US Toys forTots sharingnew, unwrappedtoysforless The PajamaProgram forchildren inshelters.US Take ourkidstowork.Canada elementary school.Israel Sponsorship ofascientificsupportprogramme atan Austria Sponsored volunteerworkatsocialorganisations. Soap donationstoCleantheWorld Foundation.US Royal Textile AcademyofBhutandonation.FICSA Provision oftheUrology NursingService.Italy simple manualpackagingactivities.FICSA Partnership withPolyvaltoemployhandicappeoplefor Romania education andsupportforchildren from familiesinneed. Partnership withKinderzukunfttoassistcare, Orphanage support.Poland US Operation Shoeboxprovides treats toUSmilitarytroops. Mural paintingdonation.Argentina live inthestreet inColumbia.FICSA IRIS StiftungfürStrassenkindersupportingchildren who after catastrophes. FICSA CommitteeoftheRedCrossInternational (ICRC)support US Habitat forHumanityparticipationbyFerringemployees. to volunteering.US Habitat forHumanityExecutiveLeadershipteamouting Food PantryDonation(communitysoupkitchen).US families withHIV. Argentina Food donationtoFundamind,anNGOdedicated relatives. Argentina First JobProgram forFerring fortwomonthinternships First AidTraining forFerringemployees.Argentina Financing ofacarforsocialservices.CzechRepublic Ferring forLifeFoundation.TheNetherlands 27 Section Five – CSR Projects paper using de-inked fibres. Printed onto 100% recycled – Corporate Social Responsibility – Corporate Review 2014

Ferring Corporate Social Responsibility