Vetoquinol - Universal Registration Document - 2021

2 34 Vetoquinol Universal Registration Document 2020 Financial report STATEMENT OF NON-FINANCIAL PERFORMANCE Vetoquinol’s people 2.4 Vetoquinol’s people The year 2020 was very strongly marked by the COVID- 19 crisis and its direct and indirect impacts on our employees, our partners and our customers. The management of this unprecedented health crisis enabled us to illustrate the Group’s three values: trust, dare, collaborate. These values serve as a benchmark that guides the daily work of each employee. They help to improve coordina- tion between colleagues working in different professional areas and to increase consistency between action taken and decisions made globally. These policies and values help Vetoquinol to operate in a manner worthy of an international group. They repre- sent shared “ground rules” that apply to both working practices and general behavior. Everyone has a duty to assimilate and apply them in practice so as to uphold and strengthen the Group’s culture and character. 2.4.1 Headcount analysis at December 31, 2020 2.4.1.1 2020 changes in headcount As of December 31, 2020, the Group had 2,400 employees. The seemingly weak change compared to 2019 (up 1.2%) covers a twofold event in Brazil: a high base effect in 2019 following the acquisition of Clarion and then a decrease at the end of 2020 following the closure of the plant that Vetoquinol acquired when it entered Brazil in 2011. Excluding the impact of Clarion’s workforce in 2019 and 2020, the Group’s workforce grew by 2.4%.