Safran signs agreement to support the employment of disabled persons

Paris, April 6, 2012

The Safran group signed an agreement today with all unions representing its personnel to support the employment of disabled persons in France.

Safran created a Diversity and Corporate Social Responsibility department as part of Corporate Human Resources in 2008, clearly expressing its commitment to equal opportunity; Safran also signed the French Diversity Charter in 2010. Through the agreement signed today, Safran bolsters its commitment to hiring more disabled persons, facilitating their professional development and improving their work environment.

The three-year agreement is based on five major commitments: a proactive recruitment plan covering more than 70 disabled employees, 65 persons in work-study programs and 100 interns; strengthened measures for the integration and training of these employees; establishing a process to maintain their employment and provide support for career development; increased collaboration with sheltered workshops and adapted enterprises*; and in-house communications actions targeting all Group employees, designed to raise awareness about disabilities.

"The Group-wide agreement marks a new step in the deployment of the Safran group social model, based on full respect for all persons and their ability to work together and develop their capabilities," commented Jean-Luc Bérard, Safran Vice President for Human Resources. "We consider diversity a factor that drives performance and innovation. Our aim is to ensure the integration of all types of talents, and enable everybody to achieve their professional goals, within a strict context of equal opportunity."

Safran currently employs some 1,480 persons with disabilities, equal to 4.3% of the total workforce. Every year it provides training for about 50 disabled persons through internships and work-study programs. Today, the Safran group has nearly 40,000 employees in France.

* Sheltered workshops, also called work centers or social enterprises, allow people with heavy disabilities to perform jobs under appropriate conditions. They are distinguished from adapted enterprises, which are part of the commercial sector and have a workforce including at least 80% disabled employees (in France).

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Safran is a leading international high-technology group with three core businesses: Aerospace (propulsion and equipment), Defence and Security.
Operating worldwide, the Safran group has close to 60,000 employees and generated sales of 11.7 billion euros in 2011.
Working alone or in partnership, Safran holds world or European leadership positions in its core markets.
The Group invests heavily in Research & Development to meet the requirements of changing markets, including expenditures of 1.3 billion euros in 2011.
Safran is listed on NYSE Euronext Paris and is part of the CAC40 index.

Communications Department
Catherine Malek
Tel : +33 (0)1 40 60 80 28
Email:catherine.malek@safran.fr

Safran
2, bd du Général Martial Valin
75724 Paris Cedex 15 - France