Altogether More Sustainable

ALTOGETHER MORE SUSTAINABLE Sustainability Report 2012 TABLE OF CONTENTS OUR SUSTAINABILITY CHARTER KEY PICTOGRAM INTRODUCTION Through its Sustainability Roadmap, Constellium 03 OUR SUSTAINABILITY CHARTER indentified 12 main targets. 04 EDITORIAL PIERRE VAREILLE, CEO You can find them through this WE ARE COMMITTED TO UNDERTAKING THE HIGHEST STANDARDS OF GOVERNANCE OF OUR ACTIVITIES IN LINE WITH THE CONSTELLIUM’S VALUES. 05 CORPORATE GOVERNANCE Report thanks to this symbol. 06 A GLOBAL NETWORK WE WILL 08 COMBINING EXPERIENCE WITH AMBITION 09 ALUMINIUM, SOLUTIONS FOR TODAY’S NEEDS Subscribe to the highest levels of transparency and accountability 10 LIFE CYCLE ASSESSMENT and commit to develop company and industry sustainability programs 11 OUR SUSTAINABILITY APPROACH, OBJECTIVES AND TARGETS Promote the adoption and implementation of sustainability policies by our suppliers and contractors GOVERNANCE OPERATIONS WE ARE COMMITTED TO ENSURING OUR PEOPLE ARE SAFE, SKILLED, 14 INTERVIEW WITH LAURENT MUSY, CHAIRMAN 32 ENERGY EFFICIENCY MOTIVATED AND ENGAGED. OF CONSTELLIUM’S SUSTAINABILITY COUNCIL 34 ENERGY MANAGEMENT 16 A CULTURE OF TRANSPARENCY 35 WATER WE WILL 17 PARTNERSHIPS IN THE VALUE CHAIN 36 WASTE Protect the safety and health of our employees, contractors and visitors as a top priority Strive to enhance employee engagement and development WE ARE COMMITTED TO MINIMIZING THE ENVIRONMENTAL IMPACT OF ALL OUR OPERATIONS IN TERMS OF ENERGY, WASTE AND WATER. PEOPLE PRODUCTS WE WILL 22 HEALTH AND SAFETY 40 RECYCLING 24 MOTIVATION AND ENGAGEMENT 44 ECO-DESIGN Further develop recycling 26 SKILL DEVELOPMENT 46 INNOVATION Optimize the use of natural resources, especially energy 28 ETHICAL BEHAVIOR 49 CUSTOMER SATISFACTION Prevent and minimize environmental impacts 29 COMMUNITY ENGAGEMENT GRI INDEX WE ARE COMMITTED TO DEVELOPING, PRODUCING AND SELLING SUSTAINABLE PRODUCTS 50 GLOBAL REPORTING INITIATIVE THAT MEET OUR CUSTOMER NEEDS NOW AND IN THE FUTURE. DISCLOSURE INDEX WE WILL Maximize recycling rates of our products, including after end of use life Continuously innovate and offer lighter, safer and infinitely recyclable solutions FORWARD-LOOKING STATEMENTS This Report contains statements that relate to future events and expectations and as such constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include those containing such words as “expects,” “intends,” “plans,” “scheduled,” “should,” “could,” “will,” or other words of similar meaning. All statements that reflect Constellium’s expectations, assumptions or projections about the future other than statements of historical fact are forward-looking statements. The forward-looking statements contained in this Report regarding our sustainability efforts are subject to a number of known and unknown risks, uncertainties, and other factors and are not guarantees of future performance. Constellium disclaims any obligation to update publicly any forward-looking statements, whether in response to new information, future events or otherwise, except as required by applicable law. SUSTAINABILITY REPORT 2012 • 3 • Introduction Governance People Operations Products GRI Index “Our DNA is based on a strong culture CORPORATE of safety, empowerment, and results, Governance both operational and financial.” Constellium is a public limited company incorporated in the Netherlands. Our shares trade on the New York Stock Exchange and on Euronext Paris under the symbol “CSTM”. aximizing value for all our More than any other aspect of the stakeholders over the business, safety is an area where long run is the essence of there can be no respite in our efforts Constellium answers to our shareholders, Members: Monitors the execution of the budget, and Constellium’s ambition to do more. While Constellium’s safety the Board of Directors and Committees, and Didier Fontaine, Chief Financial Officer in particular the free cash flow generation Mwith respect to sustainability. I firmly record improved significantly again operates in accordance with our “Worldwide Christophe Villemin, President, Aerospace of the business believe that for individuals, as for in 2012 and is better than the industry Code of Employee and Business Conduct” and Transportation Business Unit Submits reports, proposals and major corporations, values are the average, a tragic accident at our plant (see page 28). Laurent Musy, President, Packaging and recommendations on all matters relating to quintessence of who we are and what in Levice, Slovakia, which claimed the Automotive Rolled Products Business Unit the operations to the Executive Committee we stand for. life of a contractor in February 2013, BUSINESS GOVERNANCE Paul Warton, President, Automotive has served as a potent reminder of Structures and Industry Business Unit EXECUTIVE COMMITTEE Sustainability is certainly not a new the need for constant vigilance. At Constellium is managed through two Peter Basten, Vice-President Strategic Consists of all the members of the Operations concept for Constellium – we have a Constellium, we do not tolerate any management committees, both led by Planning and Business Development Committee plus the following: century of history behind us. But it is deviation from safety regulations and Pierre Vareille, CEO and which report to Marc Boone, Vice-President Human Resources Jeremy Leach, Vice-President and Group definitely one that we are determined behaviors, and we consider safety as our Board of Directors: General Counsel to take to another level and to place at everybody’s business, every day. Operations Committee Scope of responsibilities: Nicolas Brun, Vice-President Communications the heart of our strategy. Executive Committee Develops and implements the operational Yves Merel, Vice-President Environment, As with safety, Constellium is com- business decisions, as defined by Health and Safety (EHS) and Lean Transformation By creating a Sustainability Council mitted to improving its performance OPERATIONS COMMITTEE management and the Board of Directors Daniel James Altmeyer, Vice-President, that reports directly to the Executive in environmental matters. We are Chairman: Monitors the implementation and progress Metal and Purchasing Committee and drawing up a Charter transparent about our greenhouse Pierre Vareille, Chief Executive Officer of significant operational projects and a Roadmap that set out our vision gas emissions, as a signatory to the Scope of responsibilities: and future direction with measurable targets, Constellium has Carbon Disclosure Project. We are also working with companies, Reviews all strategic issues and evaluates underlined sustainability as a critical factor of its success. industry organizations and institutions to promote standards in the BOARD STRUCTURE * Director Independence: as a foreign private all significant proposed acquisitions or supply chain – from extraction, right through to the recycling of issuer under the NYSE rules, we are not required divestments, financial restructuring, to have a majority of independent directors Our stakeholders understand that Constellium cannot be driven finished products. The Board of Directors is responsible for on our Board of Directors. However, our Board alliances and strategic partnerships by economic success alone. Our DNA is based on a strong culture our policy and day-to-day management. of Directors has determined that, under current Develops and monitors implementation of safety, empowerment and results, both operational and financial. The aluminium industry clearly faces a number of challenges, includ- The non-executive directors supervise and NYSE listing standards regarding independence, of key strategic, financial, investment and provide guidance to the Executive Director. and taking into account any applicable In 2012, the company delivered in all three areas. Our safety record ing climate change, and Constellium is determined to actively and committee standards, we have 4 independent organizational decisions continued to improve, earnings rose meaningfully and the efficiency responsibly play its part in meeting those challenges across the directors. Controls the execution of the 5-year plan BOARD OF DIRECTORS of our operations increased. overall value chain. Working with suppliers and customers, the and of the budget Members and date of appointment: company’s duty is to improve in both business performance and Richard B. Evans, Chairman, 01/05/2011 COMMITTEES Reviews reports and proposals made Without doubt, 2012 was a successful year for the business. Total sustainability. And thanks to the efforts of all our employees, I am Pierre Vareille, Director, 03/01/2012 by the Operations Committee to evaluate sales reached €3.61 billion and adjusted EBITDA rose 43% compared confident that Constellium will continue to deliver on both accounts. Gareth N. Turner, Director, 05/14/2010 Committees include Audit Committee, their economic and financial consequences * Remuneration Committee, Nominating/ to 2011. This major improvement was primarily due to the talent and Philippe Guillemot , Director, 05/21/2013 As and when required, submits reports, Matthew H. Nord, Director, 05/14/2010 Governance Committee. (Details of duties dedication of Constellium’s teams. It also reflects our commitment proposals and recommendations on Bret Clayton, Director, 01/05/2011 and responsibilities: see Constellium’s to excellence in providing innovative, value-added products to our Guy Maugis*, Director, 01/05/2011

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