Mobility and Solidarity: the PSA Peugeot Citroën Foundation Publishes Its First Annual Report

  Mobility and Solidarity: the PSA Peugeot Citroën Foundation Publishes Its
  First Annual Report

Business Wire

PARIS -- January 18, 2013

Regulatory News :

A year and a half after its creation, the PSA Peugeot Citroën (Paris:UG)
Foundation “A World on the Move” has published its first Annual Report, which
presents an initial review of its activities over the period. It illustrates
the wealth and diversity of projects it supports to encourage sustainable,
socially responsible mobility.

The PSA Peugeot Citroën Foundation was created in June 2011, as part of the
Group’s commitment to taking an active role in the development of socially
responsible mobility. Today, it is a key component in the Group’s corporate
social responsibility strategy, which provides support for often innovative
local initiatives. These projects demonstrate the involvement of the Group in
local communities around the world.

For Foundation Chairman Philippe Varin, “it is not a case of pitting financial
performance on the one hand against social responsibility on the other, or
business against the greater good. By strengthening one, we nurture the other.
In these particularly challenging times, I think that it is even more urgent
for us to take firm action to support the development of local projects for
the good of all.”

The Foundation is working to develop socially responsible mobility projects,
with a focus on:

  *Mobility as a critical enabler in integrating people into society and the
  *Mobility to support educational and cultural initiatives.
  *Mobility to support disabled people.
  *Environmentally friendly mobility.

In the 18 months it has been up and running, the Foundation has supported 138
projects implemented by associations, NGOs or local authorities. Compelling
examples include initiatives designed to network driving schools, social car
rental companies or community garages. It mainly operates in France,
reflecting the strong national presence of PSA Peugeot Citroën, but it also
has a role in other host countries. Currently around 20% of supported projects
are being deployed outside France, notably in Spain and Portugal but also in
China and Argentina.

Alongside many local projects, of which more than two-thirds are sponsored by
employees, the Foundation is now involved in large-scale, multi-year projects
and is building innovative partnerships with leading associations and NGOs
such as Samusocial in Paris, the French Red Cross and A.N.D.E.S, a French
network of social and solidarity food stores.

The Foundation’s Annual Report will be distributed to all of the associations
involved, as well as to the philanthropy community in France. It may be viewed
online at and

About the PSA Peugeot Citroën Foundation
The PSA Peugeot Citroën Foundation supports social, educational, cultural and
environmental projects in the field of mobility, an area in which the Group
has been active for more than 100 years. As expressed in its "A World on the
Move" baseline, the Foundation helps to develop projects implemented by
associations or international NGOs. Operating globally, it relies in
particular on Group facilities in each host community to tailor its
initiatives to local needs and practices. It is actively deploying a five-year
action plan backed by a €10 million budget. The Board of Directors is chaired
by Philippe Varin, the Chairman of the Group’s Managing Board, with
Marie-Hélène Roncoroni, a member of the Supervisory Board, as Vice-Chairman.

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