LucyGroup-ARA2024_spreads web ready_FINAL

OUR LOCATIONS

BUSINESS OVERVIEW STRATEGIC REPORT CORPORATE GOVERNANCE FINANCIAL STATEMENTS SHAREHOLDER INFORMATION

Our Geographical Reach The Group trades internationally, with offices and factories in strategic locations all around the world. Our infrastructure enables us to serve geographically dispersed markets, provide efficient support to all customers, and swiftly adapt to changing demand patterns.

Our Purpose Framework

Our Purpose Lucy Group’s purpose is to improve people’s lives with intelligent power, smart lighting and sustainable homes.

deliver groundbreaking emissions reductions, and modern homes that support sustainable living. In meeting our customers’ needs, we are committed to the UN Sustainable Development Goals. While advancing the built environment, we strive to preserve the natural environment and invest in the local communities we operate in.

We put people and the planet first to achieve meaningful progress in everything we do: from power distribution infrastructure that delivers electricity to homes and businesses, to switchgear that connects renewable energy sources to the grid, charging solutions that facilitate the adoption of EVs, smart cities that

Our Culture Lucy Group’s culture is a key driver of our continued success. Reflecting our five values, it fosters innovation, collaboration, and ethical decision making.

Our culture is underpinned by a set of values that guide the way we interact with all of our stakeholders, including customers, suppliers, partners, colleagues and shareholders. These values define what it means to be a part of the Lucy family and the standards we uphold. They guide us to make the right decisions, develop our businesses and challenge the status quo.

Operating within a defined set of Group strategic priorities that are adapted for each business, every employee is encouraged to push boundaries, while ensuring that continuous improvement is sustainable. By aligning culture with our purpose, we aim to enhance employee motivation, engagement and performance. That alignment is reinforced by an unwavering belief in wellbeing, personal growth and diversity, an ethos that extends to playing an active role in bettering the communities in which we operate.

Our Values

Caring We treat all with fairness and respect. We value diversity. We recognise and develop our people. Trusted We build and maintain trusted relationships with all people and partners. Working together Teamwork and communication are at the forefront of everything we do. We share our knowledge across our organisation for the benefit of everyone.

Excellence Through ingenuity and a dedication to quality, we create smart, sustainable solutions. Daring to differentiate We are market leaders. We make bold decisions. We stand out.

1,800 employees

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12

60

continents

countries

countries we trade in

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Lucy Group Ltd Annual Report & Accounts 2024

LUCYGROUP.COM

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