ETHICS CHARTER

Authenticity, openness, solidarity and a pioneering spirit have always been at the heart of the Isabel Marant philosophy. From the very beginning, Isabel Marant found a way to connect with the world around her without being swayed by passing trends, and that's how she created the look that is now so recognisably hers. This sincerity and integrity are essential elements of our corporate culture. Our philosophy has always been to create clothes that last and that women (and now men) can wear season after season to feel independent, strong and comfortable.
We apply this philosophy to our clothing as well as to the way we manage our relationships. At Isabel Marant, we behave with sincerity and integrity, and we champion a long-term vision of creating a company that is sustainable in every sense of the word. We have always tried to convey these values to the people we work with, whether they be our suppliers, our partners or, of course, our employees.
This Ethics Charter formalises and demonstrates our commitment to constantly striving to improve our ethical standards. We know that there is a long way to go, but we also know that we are the agents of change. 

1. INTRODUCTION

Within the Isabel Marant Group (hereafter "Isabel Marant"), we are committed to behaving in an ethical and responsible manner. As a global fashion brand, we are acutely aware of the issues specific to the fashion industry, and we strive to continually improve the way we work in order to reduce the environmental and social impact of our business. For this reason, we have formalised our commitment to corporate and social responsibility in this Ethics Charter, which sets out Isabel Marant's fundamental values and principles that underpin the way we do business around the world. It forms an integral part of Isabel Marant's internal regulations. It is also one of a number of documents (including the Supplier Code of Conduct) that help to communicate and enforce our values, principles and ethical policies

2. TO WHOM DOES THIS ETHICAL CHARTER APPLY?

The Ethics Charter applies to and serves as a reference for all Isabel Marant managers and employees in France and throughout the world, whatever their role or responsibility within the group. Every employee must be familiar with it and ensure that its principles are actively applied throughout our company.

We also expect all our manufacturers, suppliers and service providers to respect this Ethics Charter. We only select manufacturers, suppliers and service providers who share our fundamental values and principles and who comply with the applicable laws.

Consequently, this Ethics Charter is provided to all existing and new employees in their local language or in English as part of their induction. It is also published on the Isabel Marant website (www.isabelmarant.com), where it is accessible for everyone, including our customers, suppliers, partners and the general public.

3. OUR PRINCIPLES

We are a global company and as such we have a duty to apply our ethical principles globally. These fundamental values and principles are described below. They reflect the Isabel Marant philosophy and guide the way we do business.

3.1 COMPLIANCE WITH APPLICABLE LAWS AND REGULATIONS

First and foremost, we must always ensure that our conduct complies with all applicable laws and regulations. This means complying with French law, EU law where applicable, and the local laws in each country where we operate. We are particularly vigilant with regard to laws governing human rights, health, safety, quality, labour law, the environment, data protection, taxation, consumer protection and fair competition. We will always comply with the applicable standards, whether these be the Ethics Charter, local law or labour agreements. Isabel Marant expects the same commitment from its commercial partners and suppliers.

3.2 INTEGRITY

Integrity has always been at the heart of Isabel Marant's values, reflecting the way the company was founded. We believe that transparency, trust and honesty are essential to integrity, which is why we promote these values among our employees and partners. We value and respect people who are transparent and accountable, rather than trying to cover up mistakes. We encourage open dialogue to find solutions to problems rather than trying to run away from them. We believe that acting within the law and with strong moral principles is the foundation of a safe, efficient and beneficial working environment. We trust our partners and employees because we choose to work with people who share our values. If any violation of our principles is discovered, we will make every effort to find constructive solutions to remedy the situation and prevent it from happening again.

3.3 RESPECT FOR HUMAN RIGHTS

We are committed to respecting and promoting human rights and are particularly vigilant on issues such as child labour, forced labour, respect for freedom of association, the promotion of diversity, women's rights and the right to health and safety. With a presence in many countries, we are guided by international standards and conventions, including the Universal Declaration of Human Rights of 10 December 1948, the European Convention on Human Rights, the Guiding Principles on Business and Human Rights of 16 June 2011 and the fundamental conventions of the International Labour Organisation.

3.4 RESPECT FOR THE ENVIRONMENT

We believe we have a responsibility to assess and improve our impact on the environment. We aim to bring about positive change not only in our own group, but also in the fashion industry as a whole. We believe that this can be achieved together, working together with suppliers, manufacturers and partners. As such, Isabel Marant expects all its suppliers, manufacturers and partners to demonstrate a similar commitment by trying to reduce the negative impact of their activity on the environment and by encouraging more sustainable and responsible practices in their own activities. Our suppliers, manufacturers and partners must comply with local and international environmental regulations and standards. Isabel Marant is also committed to the traceability and transparency of its supply chain, which it sees as a vector for change towards more responsible environmental practices.

4. OUR COMPANY

In addition to our core values and principles, we have described the specific behaviours and standards we adhere to in conducting our business. This section applies to all internal company conduct. All Isabel Marant employees and managers are required to comply with these standards in the course of their work for the Group, regardless of their position or place of work.

4.1 OUR EMPLOYEES

Isabel Marant is committed to providing its employees with a safe, motivating, transparent and creative working environment that fosters talent. We recognise that a safe and positive working environment promotes efficiency, collaboration and growth. Regardless of the size of our group, we're proud to have maintained a close-knit corporate culture right from the early days of Isabel Marant. With this in mind, we make the following commitments to our employees.

RESPECT FOR HUMAN RIGHTS AND THE FIGHT AGAINST DISCRIMINATION

At Isabel Marant, we believe that all people should be treated with fairness and respect. We ensure compliance with applicable labour law wherever we operate. In particular, we adhere to the following principles:
All work is agreed to freely and voluntarily. All types of forced labour are strictly prohibited.
We do not allow child labour.
We ensure compliance with health and safety standards.
Working hours comply with applicable legislation, and we strive to ensure a work-life balance.
All employees are treated fairly in terms of recruitment, promotion, remuneration, discipline and dismissal. We do not tolerate discrimination based on gender identity, nationality, religion, age, disability, sexual orientation, marital and family status, pregnancy, political opinion, trade union membership, social or ethnic origin or any other status protected by national law.
We believe that women and men should receive equal pay for work of equal value.
We value diversity.
We respect the right to freedom of association, union membership and collective bargaining.
We encourage open dialogue and freedom of expression, while respecting the law and the individual.

INTERPERSONAL RELATIONSHIPS

We expect employees to treat each other and behave with dignity and respect. Any form of physical, sexual, psychological or verbal harassment or abuse, or any other form of harassment or intimidation is strictly prohibited. Similarly, discrimination of any kind, including discrimination based on nationality, gender identity, sexual orientation, age, disability, health or ideology, is strictly prohibited.

4.2 PROTECTION OF PERSONAL DATA

Isabel Marant undertakes to respect the confidentiality of personal data collected from its customers, employees and partners. Accordingly, we have put in place the necessary measures to ensure that all data collected is processed in accordance with all applicable laws and regulations, in particular Regulation (EU) 2016/679 of the European Parliament and of the Council of 27/4/2016 (GDPR). All Isabel Marant distributors and other partners who collect Isabel Marant customer data, both inside and outside the European Union, are also required to comply with applicable data protection regulations, including the GDPR.

4.3 HONEST COMMUNICATION AND ACCOUNTABILITY

Isabel Marant is committed to conducting all its marketing and promotional activities with transparency and honesty. While Isabel Marant respects everyone's freedom of expression, only duly authorised employees may make external representations on behalf of Isabel Marant. All Isabel Marant employees and all other partners involved in Isabel Marant marketing, advertising and public relations activities must ensure that any such communications are made honestly and transparently.

In addition, all employees are expected to reflect Isabel Marant's values of integrity and honesty. All employees are therefore asked to exercise discretion to ensure that their private activities do not harm Isabel Marant's image and reputation. All employees must ensure that there is no confusion between their personal actions and those of Isabel Marant. In particular, when employees express themselves on social networks, they must be careful to ensure that this reflects their personal opinions and is not perceived as the position of Isabel Marant.

4.4 INTEGRITY / BUSINESS PRACTICES

CORPORATE GOVERNANCE

The principles of honesty, transparency and integrity apply to the governance of Isabel Marant. Isabel Marant always strives to be a good corporate citizen and to comply with all its obligations. We keep accurate and diligent accounting records and comply with all applicable tax laws.

COMBATING CORRUPTION, FRAUD AND CONFLICTS OF INTEREST

Isabel Marant applies a "zero tolerance" policy with regard to corruption and influence peddling and implements measures designed to prevent, identify and punish any instances of corruption or influence peddling. Isabel Marant has therefore adopted an Anti-Corruption Code of Conduct for all its employees, so that they can identify the different types of behaviour to be avoided.  In particular, all Isabel Marant managers and employees are prohibited from accepting bribes of any kind. All Isabel Marant managers and employees are required to exercise discretion before accepting any gift, personally or on behalf of Isabel Marant, that could be construed as any form of bribery. Similarly, all Isabel Marant managers and employees are prohibited from making gifts, either personally or on behalf of Isabel Marant, that could be construed as any form of bribery. Finally, Isabel Marant is not affiliated with any political party, in France or abroad, and we do not make any contributions to any political party, directly or indirectly.

As an extension of the Anti-Corruption Code of Conduct, training is provided to Isabel Marant employees, in particular those who, due to their positions, are exposed to risks of corruption or influence peddling.

Furthermore, all Isabel Marant managers and employees must exercise diligence to avoid placing themselves in situations that could create a conflict of interest. This means avoiding situations that could compromise their independence of judgement or that could bring their direct or indirect personal interests into conflict with those of Isabel Marant. Any employee faced with a potential conflict of interest must report this situation immediately using the reporting system provided for this purpose: Ethics.IsabelMarant.com

5. OUR SUPPLY CHAIN

As an international fashion brand, we are aware that our global and environmental footprint is not limited to how we conduct our business internally. We are responsible for the sourcing and manufacture of Isabel Marant products. That's why we look for suppliers and manufacturers who share our values and principles, so we can work together to improve society and the environment. These ethical behaviour standards are conveyed to our suppliers and manufacturers in the Supplier Code of Conduct. Compliance with the Supplier Code of Conduct is a sine qua non condition of the commercial relationship with Isabel Marant. Regular audits are carried out to ensure compliance with the Supplier Code of Conduct. Any deviation from the Supplier Code of Conduct must, depending on the circumstances, either be remedied by the supplier or result in the termination of the commercial contract, in accordance with the laws and regulations in force.
Specific information about our efforts to eradicate forced labour throughout our supply chain is published annually on our website in our Modern Slavery Act report.

5.1 COMPLIANCE WITH CURRENT LEGISLATION

All suppliers and manufacturers working for Isabel Marant are required to comply with the laws applicable to their business. Applicable law and the Supplier Code of Conduct help determine the minimum standards that our responsible suppliers and manufacturers are required to meet. In the event of a conflict between applicable law and the Supplier Code of Conduct, we require that the stricter standard be applied. These standards are summarised below.

5.2 WORKERS AND EMPLOYEES

5.3 SAFETY AT WORK

5.5. RESPECT FOR THE ENVIRONMENT

As part of the overhaul of our approach to corporate social responsibility, we have taken a critical look at our practices with a view to reducing our environmental impact. We have calculated our environmental impact and are committed to improving it year after year. Reducing our carbon footprint means that we need to make conscious efforts at both microeconomic and macroeconomic levels.

At the microeconomic level, this means making environmentally-friendly decisions as part of our day-to-day activities, particularly with regard to our use of paper, business travel and energy consumption.

At the macroeconomic level, this means strengthening our links with environmentally-friendly suppliers around the world and continuing to seek out suppliers and manufacturers who are committed to sustainable practices.

Our suppliers and manufacturers must comply with local and international environmental regulations and standards. Other initiatives to reduce the harmful impact on the environment are strongly encouraged, including, but not limited to, the following:

• Waste management and reduction
• Proper management of chemical products
• Reduction of carbon emissions and other atmospheric pollutants
• Efficient use of water and energy
• Responsible and ethical sourcing of materials

Wherever possible, we ask our suppliers to prioritise:

• Organic materials, regenerated and recycled as much as possible
• Certified materials (such as GOTS/GRS cotton; RWS/RMS wool; LWG leather, etc.)

6. IMPLEMENTATION OF THE ETHICS CHARTER

6.1. GOVERNANCE

In addition to the extensive circulation of the Ethics Charter, the establishment of bodies to monitor and evaluate the application of its ethical principles is a fundamental element in the development of a culture of trust within Isabel Marant.

To this end, Isabel Marant has set up an Ethics Committee whose role is to ensure compliance with the values and ethical principles on which Isabel Marant bases its actions.

6.2. WHISTLEBLOWING PROCEDURE

It is essential that we all work together to ensure that the principles of this Ethics Charter are applied at all times. At Isabel Marant, we therefore encourage open dialogue and an environment in which employees can express their concerns.
Therefore, any concerns regarding a potential violation of this Ethics Charter should be directed to the Isabel Marant Ethics Committee via the following link: Ethics.IsabelMarant.com . The whistleblowing procedure can be used to report: a crime or offence; a serious and obvious violation of the law or regulations; a situation that contravenes the Ethics Charter; a threat or serious harm to the public interest. All Isabel Marant employees and external service providers or partners may use this reporting facility.

Reports will be treated with the utmost confidentiality and diligence in accordance with the procedure for collecting and processing allegations adopted by the Ethics Committee, which can also be accessed on the reporting website.

The usual channels of communication and exchange with direct or indirect management, the Human Resources department and staff representatives also remain open to anyone wishing to share a concern.

No whistleblower will be harassed for raising concerns in good faith about the application of the Ethics Charter. Only improper use of the whistleblowing system (e.g. malicious reporting) may result in disciplinary action against the whistleblower. Without prejudice to this strict reservation, no reprisals will be tolerated against persons who have used the whistleblowing system or against persons who have assisted a whistleblower, even if the facts reported prove to be incorrect.

6.3. AUDITS

Isabel Marant carries out regular audits and compliance checks on its suppliers and partners in order to identify, anticipate and assess risks and opportunities for improvement.

These procedures allow Isabel Marant to check that its partners are complying with the requirements of this Ethics Charter, particularly with regard to ethical, social and environmental issues.

Failure to comply with the rules set out in the Ethics Charter may, depending on the circumstances, lead to disciplinary measures, sanctions or termination of a contract or business relationship, in accordance with the laws and regulations in force.

7. PROFESSIONAL EQUALITY INDEX

Professional equality between men and women is particularly important at Isabel Marant.

In accordance with French regulations, we publish our equality index annually.

For 2024, the overall score is 98/100.

More specifically, the scores obtained for each of the key indicators are as follows:

Pay gap: 38/40

Salary raise rate gap: 20/20

Promotion rate gap: 15/15

Percentage of employees who received a pay rise in the year following their return from maternity leave: 15/15

Number of employees of the under-represented gender among the 10 highest-paid employees: 10/10

Updated: April 2025