IR Thematic Seminar on Corporate Social Responsibility December 17, 2012 Forward Looking Statement This presentation contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements are statements that are not historical facts. These statements include projections and estimates and their underlying assumptions, statements regarding plans, objectives, intentions and expectations with respect to future financial results, events, operations, services, product development and potential, and statements regarding future performance. Forward-looking statements are generally identified by the words "expects", "anticipates", "believes", "intends", "estimates", "plans" and similar expressions. Although Sanofi's management believes that the expectations reflected in such forward-looking statements are reasonable, investors are cautioned that forward-looking information and statements are subject to various risks and uncertainties, many of which are difficult to predict and generally beyond the control of Sanofi, that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. These risks and uncertainties include among other things, the uncertainties inherent in research and development, future clinical data and analysis, including post marketing, decisions by regulatory authorities, such as the FDA or the EMA, regarding whether and when to approve any drug, device or biological application that may be filed for any such product candidates as well as their decisions regarding labeling and other matters that could affect the availability or commercial potential of such product candidates, the absence of guarantee that the product candidates if approved will be commercially successful, the future approval and commercial success of therapeutic alternatives, the Group's ability to benefit from external growth opportunities, trends in exchange rates and prevailing interest rates, the impact of cost containment policies and subsequent changes thereto, the average number of shares outstanding as well as those discussed or identified in the public filings with the SEC and the AMF made by Sanofi, including those listed under "Risk Factors" and "Cautionary Statement Regarding Forward-Looking Statements" in Sanofi's annual report on Form 20-F for the year ended December 31, 2011. Other than as required by applicable law, Sanofi does not undertake any obligation to update or revise any forward-looking information or statements. 2 Sanofi: a Global and Diversified Healthcare Leader Focused on Patients’ Needs Multiple Growth Platforms Large Global Workforce Balanced Geographic Presence 65% of net sales in 2011 2011 sales split by region Other Countries(2) Emerging Markets Vaccines U.S. 12.5% Diabetes Solutions Consumer Health Care Animal Health New Genzyme 29.8% ~110,000 employees(3) in 100 countries €33.4bn 30.3% Emerging Markets(1) Net Sales in 2011 27.3% Western Europe Innovative Products Important social, economic and environmental impacts (1) World less North America (USA, Canada), Western Europe (France, Germany, UK, Italy, Spain, Greece, Cyprus, Malta, Belgium, Luxembourg, Portugal, Holland, Austria, Switzerland, Sweden, Ireland, Finland, Norway, Iceland, Denmark), Japan, Australia and New Zealand (2) Japan, Canada, Australia and New Zealand (3) 2011 data 3 CSR at Sanofi Gilles Lhernould Senior Vice President, Corporate Social Responsibility 4 CSR, a driver of innovation to serve the patient and a source of inspiration for Sanofi Christopher A. Viehbacher Chief Executive Officer, Sanofi 5 Agenda CSR at Sanofi Gilles Lhernould, Senior Vice President, Corporate Social Responsibility Access to Healthcare Robert Sebbag, Vice President, Access to Medicines Ethics in R&D Claire Castaings, R&D Corporate Social Responsibility BREAK Anti-Counterfeiting Interactive Expo Caroline Atlani, Corporate Anti-Counterfeit Coordination Workforce Development Laurence Labbé-Schmitt, Head Group Learning & Leadership Development Environmental Challenges Thomas Sénac, Corporate Health Safety Environment 6 CSR: a Key Asset to Sanofi’s Strategy License to operate Image, reputation & transparency Governance Risk control Sustainable growth Compliance Human capital 7 An Organization to Drive the CSR Approach across all Sanofi Entities CSR MANAGEMENT Reports to the CEO Networks across all activities and all geographic areas Coordinates risk control via its Risk Committee Missions ● Define CSR strategy at Group level, monitor its implementation across all entities ● Pilot all Group entities in addressing major CSR topics ● Support cross-functional projects ● Ensure optimal reporting to internal and external stakeholders 8 Our CSR Strategy Includes Priorities Selected as a Result of Robust Analysis Materiality test EXTERNAL CONCERNS 12 priorities among 50 issues Material to Sanofi Materiality to Group’s stakeholders and Society Materiality of potential impact on the Group strategy INTERNAL CONCERNS 9 Our Global CSR Strategy: 4 Pillars — 12 Priorities • Access to Healthcare PATIENT • Patient Safety • Innovation for the Patient • Ethics in R&D ETHICS • Business Ethics • Human Rights • Health & Safety PEOPLE • Diversity • Workforce Development • Water PLANET • Pharmaceuticals in the Environment • Energy & Carbon Footprint 10 Focus of the Presentation: Four Global CSR Priorities • Access to Healthcare PATIENT • Patient Safety • Innovation for the Patient • Ethics in R&D ETHICS • Business Ethics • Human Rights • Health & Safety PEOPLE • Diversity • Workforce Development • Water PLANET • Pharmaceuticals in the Environment • Energy & Carbon Footprint 11 Access to Healthcare Robert Sebbag Vice President, Access to Medicines 12 Sanofi: Anticipating Patient’s Needs across the Globe Most affluent patients Middle income patients Base of the pyramid An integrated and comprehensive approach to address patient needs and pursue growth opportunities 13 Sanofi’s Diversification Helps to Respond to the Needs of the Greatest Number of Patients Sanofi Antibiotics, Diabetes, Cardiovascular drugs, Oncology, Antifungals… Sanofi Pasteur Vaccines Genzyme Rare diseases Sanofi Access to Medicines Neglected Tropical Diseases(1), Malaria, Mental disorders, Epilepsy, Tuberculosis Sanofi Espoir Fondation Development aid projects Humanitarian emergencies (1) Sleeping sickness, Leishmaniasis, Chagas disease, Buruli ulcer, Lymphatic filariasis 14 Improving Access to Healthcare is a Complex Challenge 1/3 of the global population does not have access to essential medicines and vaccines Drugs alone are not enough Development Availability Distribution Affordability Usage Do effective medicines exist? Are medicines available in a country? Are medicines getting to pharmacies & clinics? Do patients have access to medicines? Is there adequate access to Information, Education, Communication? Adjusting the business model Partnering with relevant stakeholders 15 Improving Access to Healthcare is a Shared Responsibility Patients Foundations Suppliers Endemic countries’ Ministries of Health Regulatory authorities and agencies WHO/PAHO 16 Sanofi’s Approaches Are Multi-faceted: Some Examples Sanofi Global Operations Sanofi Pasteur Genzyme Sanofi Access to Medicines Sanofi Espoir Fondation 17 Contributing to Better Access to Healthcare Creates Value for Sanofi Controls R&D cost, risk & complexity Ensures penetration of new markets Improves our license to operate • Tailored product • Local manufacturing • Training of healthcare and supply chain to the highest quality standards professionals to foster delivery of products and services offering to meet local market conditions • R&D that fulfills unmet medical needs • Partnership in R&D to foster innovation internally • Locally adapted sales and distribution • Advocacy towards health authorities for better disease management 18 Sanofi Access to Medicines Case Study: Malaria 19 Malaria: a Global Public Health Challenge ● ● ● 50% of the world’s population is exposed More than 650,000 deaths worldwide. In 2010, 91% of victims were in Africa(1) 86% of victims are children under 5 years(1) MALARIA: COUNTRIES AND REGIONS WITH RISK OF INFECTION Source: World Health Organization (WHO), 2011(1) Countries and regions where infection occurs Countries and regions with limited risk of infection (1) WHO, WHO Global Malaria Program, World Malaria report 2011 (2) WHO, Malaria media center, fact sheet no94, December 2011 ● A child dies every minute(2) 20 Our Fight Against Malaria TIERED PRICES to ensure medicine is affordable INFORMATION AND EDUCATION PROGRAMS designed for all actors in the health chain R&D PROJECTS to meet future needs INDUSTRIAL CAPABILITIES for low-cost and high-quality medicines 21 Tiered Prices to Ensure Affordability PRIVATE MARKETS Coarsucam® ● $2-3 wholesale price ● 1 blister pack / box PUBLIC MARKETS Artesunate-Amodiaquine Winthrop® ● Preferential price until the “no loss-no profit” price is reached: approx $1 for adults, <$0.50 for children ● 25 blister packs / box en attente visuels Treatments to fight over 200 million malaria attacks distributed since October 2008 22 Education Programs to Improve Awareness SCHOOL CHILDREN AGAINST MALARIA Teaching 200,000 children about Malaria (2008-2010)(1) In 2012 ● 4th session in Ivory Coast and Burkina Faso ● 1st sessions in Madagascar, Burundi, the Democratic Republic of Congo (DRC), Nigeria, Malawi and Congo TRAINING THE TRAINERS ● ● 34 trainers trained(1) 5,000 community health workers(1) trained (in the DRC in 2010) (1) Internal data 23 Industrial Know-How to Ensure Program Sustainability MAPHAR PLANT, a Sanofi Company (Casablanca, Morocco) for the production of ASAQ Winthrop ● ● ● GMP certified Prequalified by the WHO Over 100 million treatments/year production capacity, i.e. 30% of the plant’s activity Maphar is part of a network of 46 manufacturing sites in Emerging Markets GMP – Good Manufacturing Practices 24 Ethics in R&D Claire Castaings R&D Corporate Social Responsibility 25 Sanofi R&D: Committed to Accelerate Innovation at the Service of Patients €4.8bn invested 17 assets in late-stage in R&D in 2011 development(1) Short-term Opportunities(2) ® Multiple partnerships with external groups to accelerate innovation ® ® TM QIV IM (1) As updated in October 2012 (2) See regulatory status in relevant press releases Zaltrap® is developed in collaboration with Regeneron, Kynamro™ with Isis Pharmaceuticals and Lyxumia® is in-licensed from Zealand Pharma Genzyme is developing Lemtrada™ in MS in collaboration with Bayer HealthCare 26 The New Challenges for R&D in Pharma New therapeutic targets New target populations New public health challenges Ethical challenges Creation of a Bioethics Committee 27 Committed to Ethics in Sanofi R&D Risks Nanotechnology Stem cells Genetic material Internal communication Sanofi Sanofi Pasteur Genzyme Merial Fovea Innovation in R&D Ethics in clinical trials Animal Welfare Patient Benefit Risk Biodiversity External communication Patient community Health authorities Rating agencies Investors Partnerships NGO Outsourcing Opportunities 28 Promoting Best Practices for Clinical Studies An ethical approach to clinical studies in Emerging/Developing Markets Objectives Company-wide Initiatives Provide solid and reliable data focusing on the right safety and welfare of clinical trial participants ● Address cultural differences and vulnerable patients: ● Patient informed consent ● Country standard of care Apply the most stringent ethical and quality standards everywhere ● Study protocol ethical review and post study commitments ● ● Rebuild trust and confidence in the pharmaceutical industry ● Develop innovative internal standards Conduct audits in Emerging/ Developing countries Protect and preserve Sanofi’s reputation 29 Committed to Ethics in Sanofi R&D Risks Nanotechnology Stem cells Genetic material Internal communication Sanofi Sanofi Pasteur Genzyme Merial Fovea Innovation in R&D Ethics in clinical trials Animal Welfare Patient Benefit Risk Biodiversity External communication Patient community Health authorities Rating agencies Investors Partnerships NGO Outsourcing Opportunities 30 Define Principles in Stem Cells Research A clear strategy approved by the Sanofi Bioethics Committee Objectives Accomplish progress in medical and biological sciences that will benefit human health or patients’ quality of life Company-wide Initiatives ● ● Allows understanding of cells self-renewal ● Offers great potential in pharmaceutical testing platforms and hope for future therapeutic approaches Protect dignity and privacy of donors ● Comply with international & local principles and regulations Focus research on the understanding of biological models only Ensure traceability of samples and comply with applicable data protection guidance 31 Committed to Ethics in Sanofi R&D Risks Nanotechnology Stem cells Genetic material Internal communication Sanofi Sanofi Pasteur Genzyme Merial Fovea Innovation in R&D Ethics in clinical trials Animal Welfare Patient Benefit Risk Biodiversity External communication Patient community Health authorities Rating agencies Investors Partnerships NGO Outsourcing Opportunities 32 Promoting Best Practices for the Use of Laboratory Animals Sanofi maintains a global “Culture of Care” for all animals Objectives Limit the number of animals and when possible develop substitute methods Company-wide Initiatives ● ● Chief Veterinary Officer appointed Sanofi standards in place ● Charter on the Human Care and Use of Animals ● Internal ethics committees Optimize animal welfare and health during all phase of testing ● ● Comply with animal welfare laws and regulations 3R principles implemented (KPI on progresses made) Progress on AAALAC accreditation planned in 2013 3R – Replacement, Reduction and Refinement AAALAC – Association for Assessment and Accreditation of Laboratory Animal Care KPI – Key Performance Indicator 33 Sanofi Has Created a Committee Dedicated Exclusively to Addressing Ethical Issues Sanofi Bioethics Committee addressing R&D ethics issues and supporting transparency for stakeholders Risks Nanotechnology Innovation in R&D Stem cells Genetic material Internal communication Sanofi Sanofi Pasteur Genzyme Merial Fovea Ethics in clinical trials Bioethics committee Animal Welfare Patient Benefit Risk Biodiversity External communication Patient community Health authorities Rating agencies Investors Partnerships NGO Outsourcing Opportunities 34 The Sanofi Bioethics Committee Establishes Rules of Conduct and New Approaches to Biomedicine Chairman Chief Medical Officer Secretary R&D CSR Correspondent 15 Members(1) Representatives of R&D operations and support functions Propose internal standards Foster awareness of ethical issues Follow progresses of science and regulations External experts (1) Permanent members as of November 2012 35 Sanofi Workforce Development Laurence Labbé-Schmitt Head Group Learning & Leadership Development 36 By 2015, our Growth Platforms Are Expected to Represent Over 80% of Sales Emerging Markets Consumer Health Care Vaccines Animal Health Diabetes Solutions Innovative Products New Genzyme 37 Five Strategic Priorities in Human Resources to Reach our Goal 1 2 3 4 5 Build Next Generation of Leaders Build Critical Capabilities Maximize Organization Efficiency Strengthen Performance Driven Organization Embed Sanofi Culture throughout the Company Build HR Capabilities (Operating model, systems, processes) 38 Three Workforce Development Priorities 1.1. Diversity Diversity Reflect Reflectthe theSanofi Sanofiofoftoday todayand andofoftomorrow tomorrow 2.2. Adaptation Adaptation The Theright rightcompetencies competenciesatatthe theright rightplace place 3.3. Sustainability Sustainability Invest in mid longand term programs Develop ourand people retain talent in the long run 39 Workforce Development Priorities 1.1. Diversity Diversity Reflect Reflectthe theSanofi Sanofiofoftoday todayand andofoftomorrow tomorrow 2.2. Adaptation Adaptation The Theright rightcompetencies competenciesatatthe theright rightplace place 3.3. Sustainability Sustainability Invest in mid longand term programs Develop ourand people retain talents in the long run 40 Workforce Global Footprint: Major Evolutions(1) 16% Total Headcount 2008 98,213 9% Europe 14% North America 17,429 2011 113,860 VS 53,515 19,956 Middle East / Central Latin America 6,958 43% 9,959 55% 1,102 708 6% Japan 58,275 3,121 Asia Pacific 12,659 3,311 39% 17,621 Africa 3,823 3,636 5% (1) Source: International Social Reports 2008 & 2011 41 Gender Balance: Ongoing Progress 11% Top Management 18% Senior Leadership 39% Key Positions INITIATIVES TO IMPROVE GENDER BALANCE ON THE WAY 37% People Managers 46% Workforce Source: Executives Report September 2012 and International Social Report SR 2011 42 Gender Balance: More Initiatives 1 2 Identification of female talent Development of next generation of women leaders 3 4 Promotion of Work Life Balance Increase awareness SHARING Women talent pools: Top 50 list Actively seek female candidates for open positions short-list Mentorship Launch programs Speed networking Pilot Leadership Program for Women of Flex-work in North America Telework in France KPI – Key Performance Indicators GLT – Global Leadership Team KPI in Group dashboard Expansion of regional and international networks Gender Balance events (Women’s Forum, GLT, conferences) 43 Workforce Development Priorities 1.1. Diversity Diversity Reflect Reflectthe theSanofi Sanofiofoftoday todayand andofoftomorrow tomorrow 2.2. Adaptation Adaptation The Theright rightcompetencies competenciesatatthe theright rightplace place 3.3. Sustainability Sustainability Invest in mid longand term programs Develop ourand people retain talents in the long run 44 Development: Training Is Not the Only Solution! Individual training External coaching Internal coaching Collective training Developing competencies and behaviors Co-development On the job implementation Job rotation Mentoring 45 Reinforcing Technical Competencies for Today and Tomorrow TRANSVERSAL 1 PROGRAM Business Partnering 4 HSE PROGRAMS LEGAL 4 PROGRAMS PROCUREMENT 3 PROGRAMS 2012: North America and France 2013: Latin America HSE – Health, Safety and Environment COMMUNICATIONS 4 PROGRAMS 3 FINANCE PROGRAMS 46 Offering Visibility and Clarity on Development: Corporate Programs Leadership & Management Individual Development Business Acumen LEADERSHIP Program (soon) IMPACTFUL COMMUNICATING DISCOVER Seniors Leaders INNOVATE BUSINESS Partnering MENTORING DISCOVER Manager of Managers EXPLORE PILOT BUSINESS Partnering COACHING Sanofi Academies ONE HR First Line Managers EXPLORE EVOLVE Rotation programs Sanofi Academies EVOLVE Rotation programs Sanofi Academies Executives Individual Contributors Technical Skills Sanofi Academies 47 Offering Self Development Opportunities (USA) Online / Self-Directed courses Stepping up to Management and Harvard Manage Mentor Sanofi offers online courses via the Learning Gateway 48 Workforce Development Priorities 1.1. Diversity Diversity Reflect Reflectthe theSanofi Sanofiofoftoday todayand andofoftomorrow tomorrow 2.2. Adaptation Adaptation The Theright rightcompetencies competenciesatatthe theright rightplace place 3.3. Sustainability Sustainability Invest in mid longand term programs Develop ourand people retain talent in the long run 49 Ensuring Sustainable People Development Performance Review and Individual Development Plan A thorough process enabling employees to have a discussion with their manager on performance, areas of strengths and development as well as next step opportunities Talent Development Processes Talent reviews enable HR and Managers to identify critical skills and positions, gaps in succession planning and to optimize career development for our best people Workforce Planning Initiatives Anticipate evolution in skills required, enhance cross countries and cross activities mobility, allow each individual to take active part to his/her own “R&D” 50 Focus on International Rotation Programs SWAP Short-term Work Assignment Program Dedicated programs according to population profile SWAP: Junior employees, identified as early potential SEED: High potentials, with a majority of candidates coming from Emerging Markets SEED Sanofi Early Executive Development Program A minimum of 6 to 18 months international assignments, swapping from Mature to Emerging Markets 51 Focus on “Actor of your Employability” Workforce Planning Initiative in Europe Visibility Anticipation Transparency ● Describe job evolutions by 2015 at Region Level ● Identify trends that impact jobs & skills (quantitative and qualitative impact) in relation to market environment & Sanofi strategy ● Develop staff employability ● Develop attractiveness towards external talent 52 Environmental Challenges Products in Pharmaceutical Environment Thomas Sénac Corporate Health Safety Environment 53 HSE Contribution to Sanofi’s CSR Performance Healthcare leader Environmental impact HSE and CSR 54 HSE Team and Policy Reflecting Commitment to Environmental Issues HSE Policy: Top Management commitment towards stakeholders Policy and tools designed to meet regulatory requirements and go beyond when possible Policy endorsed by our CEO Strong HSE Organization ● 800 experts devoted to HSE, with involvement at each company’s site Multiple Tools ● Annual HSE action plan ● Integration of new entities ● HSE risk analysis at site level ● Training ● Audits ● Rules, standards & guides ● Learning from experience 55 Water Pharmaceuticals in the Environment Planet 2012: 3 CSR priorities Energy & Carbon Footprint 56 Environment Reflecting Human Activities Phthalates PAHs PCB Disinfectants Alkylphenols Bromide-based flame retardants Organochlorinated pesticides Perfluorinated substances Cosmetics Hormones … 57 Presence of Pharmaceuticals in the Environment Pharmaceuticals in the Environment (PiE) is not a new issue ● First published works: end of 70s Raising awareness since 2000 ● Evolution of analysis technologies ● Public, media and health authorities awareness Concerns both human and animal medicines RELEVANT FIGURES ● 200 substances identified in the environment 15% of marketed products ● 3,000 human and animal medicines 58 Sources for Human Medicines in the Environment Sanofi plant 2% from production Waste water treatment 90% patients 8% unused medicines ? Public waste treatment center Incineration Drinking water treatment ? 59 Health and Environmental Impact of PiE Pharmaceuticals in the Environment May be found in very low concentrations and are measured in nanograms (10-9g/l) or micrograms (10-6g/l) per liter Specific concerns for some pharmaceutical products classes (hormonal substances, cytotoxic drugs and antibiotics) Health impact Environmental impact Negligible taking into account existing data Existing data suggest unlikely short term effects Developing scientific knowledge on long term effects Assessing possible impact on aquatic species Collaborating with public and private stakeholders 60 Sanofi Actions Evaluating Group products ● Regulatory ERAs (EMA/FDA) ● Voluntary ERAs ● ERA of 30 major Group’s products completed Assessing impact of activities ● Screening for API and degradation products and quantification in sites’ effluents ● Risk based evaluation of environmental impacts due to API present in effluents ERA – Environmental Risk Assessment EMA – Evaluation Medicines Agency (EU) Supporting collection programs for unused medicines ● Public information (e.g. website) ● Actively support local programs to collect and destroy unused medicines Acting as a stakeholder ● Relations with health and environment authorities ● Public communication API – Active Pharmaceutical Ingredient FDA – Food and Drug Administration (U.S.) 61 Case Study: Peres Center for Peace RESEARCH PROJECT IN A HIGH WATER SCARCITY REGION Sanofi supports a joint Israeli-Palestinian project addressing the removal of pharmaceutical materials from treated waste water Two-year sponsorship by Sanofi HSE department September 2012: first series of research results Identification of promising methods to improve the water quality after treatment (irrigation water, etc.) Research scope: stability studies and removal methods such as biological treatment, advance membrane filtration and absorption technologies 62 Water Pharmaceuticals in the Environment Planet 2012: 3 CSR priorities Energy & Carbon Footprint 63 Continued Reduction in Water Consumption In m3 Objective 2020: 25% reduction in water usage vs. 2010 -20% since 2005 60,000,000 60 000 000 50,000,000 50 000 000 City water 40,000,000 40 000 000 Well water 30 000 000 30,000,000 Surface water 20 000 000 20,000,000 10 000 000 10,000,000 00 Total water consumption 2009 variation 2010 variation 58,682,317 -2.94% 56,958,242 -5.03% (1) Genzyme not included 2011(1) 54,090,658 64 Water Pharmaceuticals in the Environment Planet 2012: 3 CSR priorities Energy & Carbon Footprint 65 Encouraging Reduction in CO2 Emissions In tons Objective 2020: 20% reduction in CO2 emissions target vs. 2010 (on a comparable perimeter) 1,400,000 1400000 Medical sales fleet vehicles (estimated) 1,200,000 1200000 1000000 1,000,000 Production of electricity and steam (indirect CO2) 800000 800,000 600000 600,000 Fossil Fuel 400000 400,000 (direct CO2) 200000 200,000 0 0 2009 (1) Genzyme not included 2010 2011(1) 66 CO2 Emission Indicators Show Progress in Various Sources of Energy Consumption 2005-2011 variation in CO2 emissions per unit produced: ● -9.5% for direct CO2 emissions ● -15.6% for indirect CO2 emissions 2005-2011 variation in CO2 emissions per km traveled (emissions generated by medical sales vehicles): -20% Green Supply Chain / product logistic: 23,000 tons CO2 saved (2006-2011) ● Sea transportation increase (switch from air) ● Better long range trucks utilization ● Low CO2 emitting "last kilometer " ● Natural gas or electric vehicles ● Tricycle for town-center deliveries ● Rail and barge transportation ● From distribution centers to seaport: rail for intra-european shipments 67 Conclusion Gilles Lhernould Senior Vice President, Corporate Social Responsibility 68 Recognition of Sanofi CSR Performance ● ● ● Sanofi included in the DJSI for the 6th consecutive year (one of 7 pharma companies selected in 2012 out of 60 evaluated) Sanofi evaluated as Best in Class on ● Corporate Governance (90/100) ● Marketing Practices (97/100) ● Climate Strategy (100/100) ● Bioethics (100/100) ● Strategy to Improve Access to Drugs or Products (100/100) ● ● ● ● Sanofi has moved up to 3rd position in 2012 (among 20 pharma companies assessed) ● Based on significant improvements in access to healthcare and a leading position in public policy Sanofi score increased to 93/100 from 58/100 (in 2011) Disclosure level “B” achieved in 2012 (from “D” beginners level in 2011) #3 ranking in terms of disclosure, #4 for performance among 38 global healthcare companies assessed New comer in the Carbon Disclosure Leadership Index (CDLI) SBF 250 69 CSR Internal Tools CSR Blog CSR e-awareness CSR Intranet site Awards 70 CSR External Tools 2011–2012 Brochure 2010 on-line CSR Report: http://csrreporting.sanofi.com 71 CSR Enhances Sanofi’s Strategy and Sustainability Competitiveness Innovation CSR, a driver for Performance License to Operate Talent Risk Control Management Our focus on CSR is key for all the investment community and not solely SRI Funds 72