3 - 2020 INTEGRATED REPORT C ON T E N T S MESSAGE from Patrice Caine , Chairman & Chief Executive Officer 5 THALES IN 2020 Group profile 6 Leader in aerospace, transport, defence and security 9 Building a safer, more inclusive and more environmentally friendly world 1 0 20 years of innovation for those who make the world go round 1 2 VI S ION AND STRATEGY Meeting global challenges 1 6 Our strategic priorities and ambitions 1 8 Our value creation process 20 Our contribution to the UN’s Sustainable Development Goals 22 An organisation focused on innovation 24 Digital, a growth driver in all our business lines 25 Risk control: the Group’s DNA 26 Ethics and integrity , at the heart of the corporate responsibility policy 28 Governance adapted to the challenges of the Group 30 VALUE CREAT ION A culture of dialogue and partnership 34 A responsible supply chain 36 Innovation focused on the planet 38 Committed to humanity 39 Financial and extra-financial performances 40 Principles of responsibility 42 About this report 43

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