People

People are the key element of Brembo’s success, its most precious strategic asset that allows the Group to innovate and achieve increasingly challenging goals. Brembo pays particular attention to human capital, strongly believing that it is people’s knowledge and skills that determine the real competitive advantage that is useful for anticipating and overcoming challenges in an evolving, complex and strongly dynamic context, influenced by the digital and the technological innovation. Therefore, in line with its strategic Pillars (Global, Digital, Cool), Brembo promotes the growth, development and continual enhancement of skills.

Today, more than 13,000 employees work for Brembo every day with dedication and passion. Brembo People are over 15,000.

Aware of the strategic value of each of them, Brembo works every day both to boost the sense of belonging and the motivation and to consolidate its image as a “best place to work”.

Following this approach, it is natural that constant search for and attraction of talents are a priority for Brembo. It is for this reason that the Group has structured a search and selection process, defined within the framework of the Group’s specific Guidelines, also founded on the principles of diversity and equal opportunities, so that candidates’ skills and value are appreciated fully and without discrimination. At the same time, Brembo also acts on the internal workforce in order to provide its People with opportunities for professional growth and employment stability, pursuing a constructive dialogue with trade unions where required. As proof of this commitment on the matter of employment 80% of Group employees are hired with an indefinite-term contract. In addition, the Group, consistent with the contents of the Code of Basic Working Conditions, applies collective bargaining when the law so require.

In particular, as of today, 70.5% of the workforce is covered by a collective bargaining system.

Different ways of being Brembo people

Diversity is a strength for a global Company like Brembo, which operates and is constantly confronted with very diverse situations from the economic and cultural point of view. With a “zero-tolerance” approach towards any form of discrimination, every day Brembo is committed to promoting an inclusive environment capable of supporting sense of belonging. It encourages its People to feel they have a leading role in the Group’s success, fostering a culture of respect for diversity and inclusion and fully respecting the points of view, individualities and special qualities of each person. Indeed, Brembo is aware that discrimination harms the wellbeing of any discriminated person.

An awareness of the value and the opportunities arising on diversity has led Brembo to create a highly multicultural team in which, out of 100 Group employees, 26% work in Italy, 17.4% in Poland, 14.4% in China, 13.4% in Mexico, 7.4% in the Czech Republic, 8.4% in India and 5.2% in the United States, while the remaining 7.8% are distributed between Brazil, Denmark, Japan, the United Kingdom, Spain and other countries.

BREMBO EMPLOYEES BY GEOGRAPHICAL AREA**** AND GENDER (No.)

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People development

People and their skills are the main pillar for the deployment of the company strategy. In fact, the strengthening of skills and the promotion of talent are the primary levers of the development of each employee and at the same time an enabling factor for the strategy that can anticipate and satisfy the business-related demands and create the Group’s identity culture.

In 2023, Brembo confirmed its commitment to continuing with important investment in the training offer and launching various training initiatives with an increasingly inclusive and global approach in favour of transversal enrichment and greater collaboration between Group Companies’ employees and instrumental to the achievement of the strategic objectives.

TRAINING PROVIDED BY TYPE OF CONTENT (% ON TOTAL HOURS)

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Workers' health and wellbeing

Brembo has made the protection of Safety a distinctive element of its own business and way of being, guaranteeing braking systems of the highest quality. This focus on Health and Safety is not only directed to assuring safe products, but it also applies to all People in the Group. This commitment translates into an organised Health and Safety management, which aims on the one hand to respond positively and concretely to the needs of all interested parties, and on the other to ensure increasingly healthy and safe working environments both for Brembo employees and for all those accessing the workplace for different reasons, preventing the occurrence of work-related incidents, occupational diseases and near misses.

Training on workplace health and safety

Brembo is firmly of the belief that a safe work environment goes hand-in-hand with a continuous Health and Safety training. Because of this, the Group has defined general workplace Health and Safety courses in compliance with current legislation. The courses are provided to all company personnel, with a particular focus on new recruits.

*2023 did not present the same training hours as 2022, which was characterised by a high number of personnel from outside the company entailing a significant investment in the initial training, especially with reference to Safety and the Environment training..

With the aim of keeping its employees updated on Health and Safety matters and promoting the observance of safe behaviours, the direct training activity was also accompanied by periodic awareness-raising initiatives, such as the “10 Life Saving Behaviours”, which are designed to spread an understanding and application of the “10 Life-Saving Behaviours” with which personnel must comply in the workplace.

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* The number of Brembo People includes employees and temporary workers.
** 36 plants out of 41 are certified; SBS started the certification process.
*** It also includes the Brembo Reinsurance AG’s employee, not included in the scope of this document.
**** The three macro-areas include the following countries: Europe: Denmark, Italy, Poland, United Kingdom, Czech Republic, Spain and other European countries; America: Brazil, Mexico, United States; Asia: China, Japan and India.