Company Welfare

In line with the best labor market standards, we include in our welfare package supplementary forms of insurance and health care.

Specifically, in the area of health care, we have joined the Metalworking Sector Health Fund, guaranteeing our employees and their tax dependent family members supplementary coverage on a well-stocked package of health care benefits.

As for supplementary forms of insurance, in line with the provisions of the company's supplementary contract, we have signed an agreement with the trade unions at the national level for the establishment of supplementary insurance coverage, with charges borne by Fincantieri. These covers guarantee welfare benefits that protect beneficiaries in cases of loss of self-sufficiency (so-called Long Term Care) and permanent disability from illness and non-occupational accidents.

We found it necessary to take action to accommodate new demands in terms of work-life balance. With this in mind, in July 2023 we signed a new smart working agreement with labor organizations at the national level that involves about 65% of the eligible population. Hybrid work mode, more generally, is an integral part of our new Work FOR Future organizational model. The philosophy behind this model puts people at the center, ensuring adequate tools to reconcile work, family and personal commitments, while protecting the collective well-being of the company's population.

Fincantieri employees have been granted paid leave for the placement of children in the first year of nursery and kindergarten, for the care of children with disabilities up to the age of 12, and for the care of elderly parents aged 75 or older if there are hospitalizations and/or discharges from nursing institutions.

We consider it essential to support our people in their self-realization process and parental aspirations. With this in mind, we have integrated specific measures into our welfare model.

These include, for example, the network of company clubs, which help to enrich the private sphere of employees by organizing activities in the recreational, sports and cultural spheres. In addition, the clubs are also a valuable support for parents: they organize, in fact, activities such as "after-school" and summer camps, and give support in the purchase of school textbooks.

Also for parents, we have also provided specific measures that facilitate the management of their children during the working day. These include our project to set up company crèche, guaranteeing the parenting aspirations of our people. Specifically, we launched in September 2022 the first school year of the daycare center built within the headquarters of the Merchant Ship Division in Trieste. Subsequently, in 2023 we built another facility in Monfalcone, at the former Albergo Operai, which can be accessed by both the children of shipyard employees and local workers. Our kindergartens are characterized by coverage of the entire working day and flexible access, in terms of time slots.

Welfare initiatives aimed at the family include Family Day, which are days when employees' family members can visit the Group's offices and production sites.

On Family Day in 2023, our Italian plants opened their doors to more than 10,000 employees and their families, offering the opportunity to explore company spaces. It was a special opportunity to get to know our industrial reality up close and discover career prospects in the industry.

To make the experience even more immersive and fun, we organized a series of entertainment activities and convivial moments, including:

• interactive workshops, where younger children could discover the world of shipbuilding through virtual reality and robotics;
• magic shows and entertainment.