CSR Book Technogym 2009

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Corporate Social Responsibility


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Index.

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About our report

6 Interview with the Chairman

Wellness as a mission

10 Wellness: a sound economic, social and environmental

investment

12 What we aspire to build together

11 Wellness as a sustainable, equitable and profitable mission

Wellness for a better world

18 Physical exercise as an active prevention tool

20 From people’s needs to research and development

22 Metabolic fitness

24 Wellness for better active aging

26 Educating the future generations in wellness

28 Corporate Wellness

30 Disability and physical exercise

Wellness as a shared value

34 Scientific collaborations

36 Technogym® for our new generations

38 Wellness Foundation

40 Wellness Communication

Technogym® Social Choice

44 Taking Wellness where it is most needed

46 Social projects

48 Promoting health

50 Cultural initiatives

51 Supporting sport for the disabled

Eco-Wellness

54 Healthy bodies, healthy minds, healthy planet

56 Products that burn more calories and less natural resources

58 Clean energy that preserves the environment

60 Green Wellness centres are good for business and for the

environment

Human resources management

64 People at the very heart of the company

66 Training and development of human resources

68 Getting involved and taking part in company culture

70 Code of Ethics and protection of rights

72 Prevention and employee health and safety

74 Our suppliers

76 Wellness pays: economic performance

80 Technogym® in the world

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Interview with the Chairman.

Why has Technogym® embraced a mission with a strong commitment to social

responsibility since its beginnings?

We have always believed that the greater the number of people enjoying a wellness

lifestyle, the better the world will be. This idea has become the flagship of a transformation

and a revolution that drives each one of us to live in wellness and to spread the wellness

philosophy across the world.

What does being The Wellness Company entail?

It entails inspiring a better quality of life, one that is geared towards the prevention of

illness and the wellbeing of people and the planet by means of our products, our services

and our behaviour as individuals and as a company. In 1998, inspired by our staff’s shared

commitment to wellness, we adopted a social responsibility system in accordance with the

international social accountability 8000 standards.

How is Technogym® enacting its mission of bringing wellness to the world?

The aim of our Corporate Social Responsibility 2008 is to inform our stakeholders as to what

Technogym® is doing to ensure its social, environmental and economic commitment. In

short, what projects and strategies have been and are being carried out to make wellness

easy and accessible to all, because keeping people in good health is good for people, for our

governments, for the planet and for our future.

About our report4

This report is dedicated to our collaborators, clients, suppliers and the community as a

testament to our commitment to continuously improve the Social Responsibility System

and to make it transparent to every stakeholder.

Report guidelines:

• Provide information regarding the quality of our company’s activities

• Provide a detailed picture of the company’s performance

• Open an interactive process of social communication

• Expand and improve awareness - from a social and ethical point of view - and the opportunity for evaluation and decision-making of our stakeholders

Our stakeholders:

• Clients

• Employees, collaborators and their families

• Suppliers

• State and public authorities

• Schools and universities

• Non-profit organisations

Nerio Alessandri

Founder and Chairman of Technogym®

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It’s great when our welfare coincides with everyone else’s. It’s what wellness is all about.

Wellness as a mission6

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Wellness:a sound economic, socialand environmental investment.


For over 25 years Technogym®, a global leader in Wellness equipment and services, has been spreading its Wellness lifestyle philosophy, a way of life based on regular physical activity, a positive approach to life and healthy eating habits.

Wellness lifestyle philosophy puts the focus back on people, which means to create the best conditions for individuals in order to let them satisfy their needs for wellbeing, develop freely all his creativity and potential resources.

Wellness offers everyone a great opportunity: governments are given the chance to improve the health of the population and therefore reduce expenditure on health care, private companies can increase productivity levels and motivation, and individuals can improve their lifestyle as well as the health of the planet.

In recent years, our company has received positive recognition as a best place to work and for its constant growth, supported by our ongoing innovation and the development of unique products. Technogym® has pursued involvement not only in the technological area of the Wellness sector, but in the managerial and philosophical as well.

Technogym® has established itself in the market as the supplier of Wellness solutions, offering each client a customised solution that includes innovative equipment, workout management software and value added services including design, consultancy, training, after-sales service and marketing support.

There is a ‘Total Wellness Solution’ for the needs of every market sector: fitness clubs, YMCA’s, JCC’s, parks and recreation, public authorities, private homes, hotels, health spas, rehabilitation centres, hospital wellness centres, active aging communities, corporations, universities, schools and military facilities.

For many years now, some of the most prestigious sport teams have relied on Technogym® when training their champions, as demonstrated by Technogym’s presence in Formula One as the official supplier to Ferrari Team and McLaren Technology Centre, in football to F.C. Juventus, Inter F.C., A.C. Milan, A.S. Ajax, Real Madrid and Chelsea, and in yacht racing with Alinghi and Prada. Last but not least, Technogym® has been the Official Supplier to the Olympics and Paralympics Games of Sydney 2000, Athens 2004, Turin 2006 and Beijing 2008.

Wellness, an innovative vision that conjugates business and social responsibility.

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Our mission.

Technogym® offers innovative solutions to help people achieve Wellness through compelling physical activity. Wellness as a social and environmental responsibility and as a duty to our employees guides us and unites us.

Our mission embodies our noblest vocation. We are aware that Wellness, as a way of life, can make a contribution to society by improving everyone’s quality of life, reducing expenditures on health care and increasing productivity.

Our vision.

Technogym® wants to embody the Wellness way of life worldwide and to be recognised as a constant reference point for the market and the sole premier global consultant.

Our vision warrants Technogym’s commitment to promote an ever-increasing number of people to embrace a Wellness lifestyle.Technogym® inspires us to achieve a better quality of life and makes this choice easy and accessible to all. As of today, 30 million people are living with Wellness thanks to Technogym’s solutions.

We want to improve the quality of life to the advantage of all: community, state and individuals.


Our values.

• Not taking anything for granted:

intellectual humility

• Believing everything is possible:

positive thinking and optimism

• Taking on problems and solving them:

responsibility and reliability

• Showing initiative and a taste for challenge:

dynamism

• Accepting appropriate risks to achieve higher performances:

entrepreneurial spirit

• Showing determination and staying power:

perseverance

• Believing in people and safeguarding personal dignity at all times:

trust and respect

• Actively collaborating to achieve results:

teamwork

• Working intelligently but also in a heartfelt way:

passion and enthusiasm

• Being proud of sharing a unique experience together:

sense of belonging

• Upholding the highest standards of ethical behaviour:

integrity and honesty

• Recognising merits and reinforcing self-esteem by keeping sight of individual expectations and needs:

recognition and appreciation.11

Wellness as a profitable,equitable and sustainable mission.

Wellness as a mission

Our products are born out of real needs from the marketplace.Those needs inspire and engage us to provide effective and reliable answers.

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People’s needs

We are motivated by the desire to satisfy people’s needs with solutions that are easy to implement and provide results, so that we encourage the largest number of people possible to engage in physical exercise to improve their quality of life.

Human resources

We invest in the growth and development of people. We assign merits with fairness and motivate them to reach their personal and professional goals.

Technogym® Choice

As a company, we believe each one of us is given the choice to make a difference and build a better world together. Our economic enterprises and our behaviour as a company are geared towards the creation and promotion of a positive and sustainable Wellness lifestyle model.

Total Wellness Solution

We believe in total quality and we pursue it within every role in the company. Quality guides us in the development of products that are excellent and unique in design and content.

Environmental sustainability

We take action in favour of the planet by adopting eco-compatible methods that run throughout the life cycle of our products and by promoting environmentally-friendly initiatives.

Economic return

The continuing growth of investment in the Wellness sector proves that Wellness is good for our health as well as the health of private and public institutions.

Innovation, design and research

We invest significantly in research and development, creating innovative products that answer people’s needs and that add value to their lives.

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Wellness for a better world14

‘Each day we make Wellness accessible for everyone, for all agesand in all places’.

Luca, 37

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Physical activity is the mosteffective tool to proactivelyprevent illness and promote health.

People’s state of health and quality of life can be improved by investing in their health and by encouraging the prevention of illness.

At Technogym® Wellness means contributing in a significant and proactive way towards improving society in all of these aspects:

• improving people’s quality of life, both from the physical and relational point of view • reducing expenditures on health care• growing a shared social and environmental culture and education• increasing productivity.

Physical exercise is an effective medicine to prevent and fight all those diseases that derive from a sedentary lifestyle, bad eating habits, stress and a population that is becoming increasingly older.By educating people about Wellness and by promoting physical exercise as a lifestyle that can be carried out everywhere (at the gym, at home, at work, when travelling), it is possibile to improve people’s quality of life and to reduce public and private health care expenditure.

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Technogym’s Medical and Scientific Area searches for solutions to answer the needs of the population and makes use of the best studies in non-pharmaceutical medicine, neuroscience, biomechanics, orthopedics physiatrics, sport and training methodologies to develop innovative and engaging solutions.

In order to make equipment safe and to provide for the needs of different user segments, Technogym® avails itself of scientific and academic bodies to provide support and scientific validation to each product.

Our collaborations include Seattle University’s Center for the Study of Sport and Manchester Metropolitan University and the University of L’Aquila, of Verona and the Auxologic Institute of Piancavallo in Italy.

Research is primarily aimed at evaluating the positive effects that our products generate in terms of health and global wellbeing for the user. For many years now Technogym® has been investing in important and ambitious research projects concerning subjects of public interest in collaboration with other independent bodies, to establish the effects of physical exercise on a number of disorders.

One of these projects is the Italian Diabetes Exercise Study (IDES), a study into the effects of prescribing physical exercise to patients affected by type 2 diabetes. The outcome of this study and the results of the physiological and biomechanical investigation are being analysed and shared with the international scientific community by means of magazines and conventions.The Medical and Scientific area also covers the important role of promoting within society a better quality of life based on the regular practice of physical activity.


From people’s needs to research and development.

General Services & Staff

14%

Manufacturing30%

Technical Assistance

3%

Marketing & Sales13%

Research &Development

15%

Manufacturing support

25%

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15% of our human resourcesare directed toward scientific research

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In recent years the Western world has witnessed an increase in metabolic-related diseases such as glucose intolerances, cardiovascular and coronary disorders and obesity. Metabolic Syndrome affects both sexes starting with young people and increases with the aging process, reaching 45% in individuals aged 60–69 years. (Ford ES et al. Prevalence of the metabolic syndrome among US adults: findings from the third National Health and Nutrition Examination Survey. JAMA. 2002; 287:356-359). An alarming figure, given the fact that the population is becoming older.

A number of studies and research show the importance of physical exercise combined with healthy eating habits to prevent metabolic disorders. In 1996, Technogym® contributed to the creation of the Institute on Exercise and Health (IEH). The Institute has shown evidence that the physical exercise is fundamental for both primary and secondary prevention. Research carried out by John Hopkins University Medical School has highlighted how a six-month programme of regular physical activity can reduce the number of patients affected by Metabolic Syndrome by 41%. (Source: American Journal of Preventive Medecine, January 2005). Another American Institute, The College of Sports

Medicine, invites the ‘prescription’ of physical exercise as a therapy in many disorders. (Source: American College of Sports Medicine, ACSM’s Guidelines for Exercise Testing and Prescription, 7th edition, 2005).Technogym® is also one of the main sponsors of a research project aimed at evaluating the effectiveness of physical exercise in patients affected by Metabolic Syndrome and is permanently engaged in promoting moderate and constant exercise, as suggested by the OMS campaign Move for Health in 2003.

Technogym® supports YMCA’s Activate America to help all kids, adults, families and communities in their pursuit of healthy living and wellbeing. Activate America involves more than 80% of the 2,663 YMCAs across the USA and sponsors projects such as ‘America on the Move’, ‘Healthy Kids Day’and ‘Pioneering Healthier Communities’.

Technogym’s commitment articulates itself in a highly diversified offer that makes the choice of performing regular physical activity easy and accessible to those people who do not practice it regularly, by means of innovative and engaging products and programmes.


50 million

‘Physical exercise is goodfor my weight lossand for my attitude’.

Americans suffer from metabolic syndrome

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The new Kinesis™ training method aids weight loss

Laurel Holmes lost 28 pounds in five months by incorporating Kinesis™ at the Cooper Aerobics Centre in Texas, the second centre founded by the father of aerobics, Dr. Kenneth

Cooper.The Cooper Weight Loss Program aims to promote a permanent change in people’s lifestyle and uses Kinesis™ as its main exercise

component. Clients appreciate the ease of learning

and the flexability to establish the level of training most suited

to them. Clients particularly appreciate the group sessions and are encouraged to challenge themselves, knowing they can count on the moral support

of other people in the same situation.

Cooper Aerobics Center, Texas, USA

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of the world population will be over 65 in 2050 (United Nations World

Population Prospect, 2003)

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Social and health authorities are paying ever-increasing attention to the health and wellbeing of senior citizens who represent the fastest growing segment of the population. Many studies confirm the effectiveness of cardiovascular and strength equipment to fight aging diseases and improve psychophysical wellbeing.

According to University of Maryland kinesiologist Ben Hurley, ‘Starting at age 50, people begin to lose 12% of their muscle strength and 6% of their muscle mass every decade. But weight training can reverse these effects in a big way. Two to three months of weight training three times a week can increase muscle strength and mass by one-third, making up for three decades of loss of muscle strength and muscle mass.’ (‘Exercise: The real fountain of youth’, Kathleen Doheny; USA Today, 30 July 2004).

According to another American study, strength training for active aging adults increases bone density and reduces the risk of falls, and has a profound effect on people’s mental and emotional wellbeing (Growing Strong - Strength Training for Older Americans, 1 April 2004).

Technogym’s commitment towards active ageing takes the shape of inclusive and non-intimidating equipment, testing and programmes to monitor parameters during training and diversified protocols and training methods in line with the needs of senior members. This makes training easier for those who are not regular gym users and who have to overcome personal, cultural and social barriers in the pursuit of their wellbeing.

‘We may be older, but we still want to live welland stay in shape’.

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In 2004 the management of Norwegian Skullersund Centre started targeting the over 40 segment, and in particular those over 65, using highly qualified instructors and the Easy Line Circuit for low intensity workouts (40% of maximum heart rate of 220 minus age). Hospitals are the first to recommend the Centre to their patients

due to its proven experience and to its capacity for encouraging and motivating its members with the Easy Line Circuit. Its ease

of learning, low intensity and short duration enable members to train regularly and with

good results.

Wellness at all ages: Easy Line

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The Thomas Telford School in Great Britain, the best secondary school in the country for the last seven years, has fitted the Wellness System and Technogym® equipment to encourage its students to become more active.Technogym® was chosen as Wellness Partner because of the Wellness System: students can simulate the Tour de France on their bikes or run the New York marathon and make training more fun and motivating.Data is recorded and downloaded on student’s curricula and statistics are used across disciplines,

such as math and science.

Healthy minds in healthy bodies with the Wellness System

Wellness for a better world24

With obesity and type 2 diabetes growing amongst young people, it is essential to invest in education that guides them towards a healthier lifestyle with an easy and fun approach to physical exercise. With this in mind, Technogym® is carrying out a number of initiatives in favour of young people and of the community as a whole during school and leisure hours.

In Great Britain, Technogym® conducted a national campaign to promote physical activity in schools in an innovative manner in collaboration with Youth Sport Trust. This project underlines the important role that schools play in helping young people to develop a healthy and active lifestyle. The ‘Wellness Road-Show’ competition challenged students and teachers of 90 schools in the country to come up with ideas and projects.

To promote physical exercise as a healthy daily habit at all ages, Technogym® is taking part in two innovative projects. Both rely on the use of the Easy Line training circuit to burn calories through cardiovascular and strength exercises of moderate intensity and duration. The projects include the installation of Easy Line in Liverpool Central Library (UK), to stimulate as many library users as possible to stay fit in both body and mind, and in Liverpool’s John Lennon Airport where the Local Authority wanted to offer the community the chance to stay active even when travelling.

14 million

Liverpool Central Library, UK

Thomas Thelford School, UK

overweight and 3,000 obese children in the European Union

‘The gym is like a huge playground where you can go and play even if the weather is bad’.

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is the money General Motors spends on employee healthcare for every car produced

(Jeremy Rifkin, Foundation on Economic Trends, Espresso Magazine, 19 May 2006)

$ 1,525

In the United States and in Europe, employees’ poor health weighs heavily on the economy and on productivity. Sedentary and stressful lifestyles and poor eating habits leave workers more prone to diabetes, cardiovascular and respiratory disorders, strokes and depression. The cost of medical care and loss of productivity falls back on the employers who to face these enormous expenses and the risk of paralysing business.

Many companies and organisations have adopted the message that Technogym® has been promoting for many years - preventing is better than curing - and have put in place a number of programmes aimed at the promotion of health based on regular physical activity, a well-balanced diet and a positive mental approach. For each dollar invested in promoting health, these companies save between three and eight dollars on health care costs and increase productivity due to reduced absenteeism. (Source: IHRSA Report 2005).

Technogym’s Corporate Wellness Programme includes personalised training programmes combined with education relating to physical activity, nutrition, and healthy living held in the workplace, to help fight stress, increase energy, improve health and reduce absenteeism, thus increasing performance and productivity. Technogym® is the Wellness Business Partner of many successful companies that have supported their Business Plan with a Wellness Plan, including: Ferrari, McLaren, Google, Philips, BMW, Vodafone, HSBC, The Dow Chemical Company, Adidas, IBM, Nokia, Toyota and many others.


IBM - Switzerland

‘Our employees’ health must be taken care of for their own good and the company’s’.

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Petrobras is a publicly-owned Brazilian oil company that has adopted preventive measures to safeguard employee’s health, taking on active social responsibility within the community and promoting initiatives to improve the quality of life of its employees.The Centre for Health Promotion - Centro de Promoção da Saúde - organises activities aimed at improving the health condition of its employees and their families. They are invited to take part in programmes relating to nutrition and evaluations of their physical performance from which specific training programmes are developed. The strengthening of muscles is achieved by a number of exercises performed using Technogym® cardio and strength equipment and the Wellness System for the management and evaluation of training and data analysis.

Petrobras case history

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More than 500 million disabled individuals in the world find it difficult to perform ordinary everyday activities. However, thanks to changes in social, cultural and economic conditions and scientific progress, there is a significant increase in the number of disabled people who practice physical activity of some sort. As of today, it is estimated that 45% of the disabled population performs one form of physical activity ranging from rehabilitation to high-level ability. (Source: International Paralympic Committee).

‘The pleasure of performing physical activity is without barriers’.

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Universally-accessible cardio training.Excite™ Top

It is universally recognised that physical activity can improve the quality of life of disabled people. The positive effects of physical exercise applied for rehabilitation purposes and especially for psychological and cardiovascular benefits are widely known. Technogym® is a supporter of the Inclusive Fitness Initiative (IFI). This project was launched in the UK in 1998 to answer the need of making the benefits of physical exercise accessible to all.The Excite™ line, as well as a number of machines from the Element and Selection strength lines, have been IFI certified meaning that the equipment meets the requirements for disabled users. IFI-certified equipment can be used both by able and disabled users. Criteria for inclusion require satisfying not only movement but also sight, hearing and learning impairments.

Excite™ Top is an upper body ergometer that enables those affected by lower body

movement difficulties to carry out a cyclic and continuous cardiovascular training. This type of training requires intense cardio activity because the heart has to pump blood to a higher level and represents therefore the ideal workout to increase aerobic power. The movable seat enables wheelchair access;

as well as other specific features - telescopic rotating arms, adjustable arm height, backwards

and forwards rotation - make the product extremely versatile and adaptable to different body shapes. The arms can be also positioned symmetrically for hand bike training.

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‘Wellness is a value that must be shared with the whole community. For this reason we actively participate in projects that benefit scientific research, education, younger generations and the entire community’.

Mauro, 40

Wellness as a shared value30

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15,000 athletes

Technogym® has contributed to prove the effectiveness of physical activity by taking part in important research projects such as:

• Manchester’s Metropolitan University Better Aging Project to illustrate the benefits of strength training in elderly patients.• Italian Auxologic Institute DepPAst Study on the validity of physical exercise for the obese• Italian Diabetes Exercise Study on the efficacy of physical exercise for patients affected by type 2 diabetes and metabolic syndrome• IDES (Italian Diabetes Exercise Study) involving 600 patients, 22 national diabetes centres and 22 metabolic fitness centres• Funding of a PHD research at the Cattolica University of Rome, involving product testing• Funding of a doctorate in Biomedical Engineering at Bologna University• Research doctorate in Sport and motion activity disciplines at L’Aquila University, Physical Education faculty• Consultancy to a professor of Perugia University in the matter of Biomechanics.

Research findings applied to training, to give operators added value Technogym® uses the findings of our various research projects to validate the use of our products and to provide education for our clients. We organise training courses through the Wellness Institute (www.wellnessinstitute.com) for fitness and wellness operators.

Wellness Institute CoursesTraining includes courses for Personal Trainers, Club Managers and other fitness professionals.Technogym® was the first company in Italy to develop these training formats, which have now been adopted by many other organisations and associations.

Wellness ConventionTechnogym® has organised several conventions in different locations in Italy. These conventions open to all operators each focused on a particular theme, giving participants the opportunity to listen to Italian and international scientific experts, such as Steve Blair (Director of the Cooper Research Institute), Bill Haskell (Stanford University), Marco Narici (Manchester Metropolitan University), Gunnarg Borg (father of the famous Borg scale) and many others.

From research to scientific collaborations and training.

tested Technogym® equipment at Beijing Olympic Games 2008

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Champions Train with Technogym®As exclusive supplier of fitness equipment to four of the most recent Olympics (Sydney, Athens, Turin and Beijing), Technogym® can take advantage of the unique opportunity of testing its equipment with the best athletes in the world. The results of these experiences confirm the validity of our equipment from the technical and athletic performance point of view and enable us to offer our users the most innovative and highest quality products.

Technogym® has made equipment available to organisations and universities, to enable them to carry out various research projects:

• Maugeri Foundation

• S.Orsola Hospital, Bologna

• Verona University, Faculty of Physical Education;

• L’Aquila University, Faculty of Medicine; Faculty of Physical Education

• Urbino University, Faculty of Physical Education;

• Institute of Auxology, Verbania

• Scuola del Cammino, Cuneo

• San Raffaele Hospital, Rome

• Institute for Recovery and Care for Scientific Purposes in Rome and Ancona (INRCA)

• Manchester Metropolitan University

• Seattle University, Center for the Study of Sport & Exercise

• La Sapienza University of Rome, Human Physiology and Pharmacology Institute

• Manchester Metropolitan University

• Institute of Sport Science and Medecine, Rome.

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Wellness Convention 2003 - ‘It pays to be healthy’

Technogym® is a young company and is naturally drawn to students of all ages. Following its inclination, it shares with the community its know-how and its scientific competences on the subjects of educating for a healthy lifestyle, to a solid company culture of shared values and projects, of innovation and perennial research. The company welcomes and promotes training initiatives outside school hours in collaboration with local schools, Universities and training Institutes. In the last two years Technogym® has collaborated with several local Technical Schools and has supported a number of related activities including visits to the company, lessons at school, studies and product assessments, and training stages.

It has also taken part in training courses held by:

• Center for Organisational Innovation of the Advanced Management Program - Strategy, Technology and Innovation’ (in collaboration with Alma Graduate School of International Technology, Management and Communication - University of Bologna, Confindustria Emilia-Romagna and Harvard Business School professors)• Faculty of Computer Science and Engineering - University of Bologna• Luiss Guido Carli, Social Studies International University - Rome• National Student Orienteering Day in Fabriano organised by Confindustria• Macquarie Graduate School of Management (MGSM) in Australia.

Technogym® for our new generations.

Recent participation to conventions and scientific congresses:

• Report to the European College of Sport Science

(July 2006)

• Lesson at a Master Course in Shoulder Surgery

(June 2006)

• Lesson to American Students of PACE University, Rome (June 2006)

• Report to the Isokinetic Convention on winter sports

(April 2006)

• Report to Wellness Congress in Mexico

(February 2006)

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Nerio Alessandri is the founder and chairman of a non-profit organisation whose mission is to promote those behaviours and lifestyles that improve health and prevent disease. The Wellness Foundation operates in close collaboration with Technogym® in the following areas:

• scientific research• personal development• promotion of culture • creation of a Wellness Lifestyle ideological

framework.

The Foundation aims to bring together the best organisational resources in the area to develop social welfare and health care projects, and initiatives relating to education, art, culture, research, local areas conservation and promotion. The last years have seen the Foundation involved many projects, such as:

• Wellness Valley

Through its founder Nerio Alessandri, Technogym® is taking part in a pilot project - named Romagna Wellness - to create a Wellness Valley in the local territory. The project is being developed by the Wellness Foundation, in collaboration with local and regional authorities. As a consequence of the increased wellbeing of the local area residents, it is expected that there will be a stronger economic growth, a more efficient use of public spending money and better care of the environment.

• Wellness Convention in HollandAt the end of 2005 the Foundation began collaborating with the Dutch representatives from NOC*NSF (Nederland Olympic Committee - Nederland Sport Federation) to organise the convention that took place at the Papendal Congress Centre of Arnhem in January 2006 with the aim to spread the message that individual wellbeing improves the quality of life of both the person and the community as a whole.

• IHRSA Report on the benefits of physical exerciseIn 2008 Wellness Foundation and Technogym® have sponsored the publication of an innovative IHRSA report - IHRSA being the most important fitness and wellness association in the world - titled ‘The Healing Powers of Exercise: 50 Groundbreaking Studies’ which illustrates the benefits of physical exercise to prevent and cure the most widespread contemporary diseases.

• De Arte GymnasticaExclusive private sponsorship of the translation of the critic edition of Gerolamo Mercuriale’s ‘De Arte Gymnastica’, edited for the first time in Venice in 1560 and the first work of Renaissance medical gymnastics considered to be the starting point of modern sport history.

• Wellness: history and culture of good livingIn 2007 Wellness Foundation published an anthology co-written by its Chairman Nerio Alessandri and by political sociologist Maurizio Viroli, professor at Princeton University (USA) where Wellness themes are analysed from different angles, taking into consideration historical roots, the similarities between the different latitudes of the planet and the implications for the different ages of life.

The Wellness Foundation, an organisation based oncollective wellbeing.


This highly innovative project is born out of the agreement with ANFFAS association to create the ‘Gardens of Wellness-Hospitality Farm’. The project entails building a day care unit where disabled and able-bodied individuals may interact and carry out activities relating to nature, to physical activity and personal wellbeing, achieving important psychophysical benefits. The structure will built on the outskirts of Cesena, in Diegaro, on a nine acre estate provided by the Town Council of Cesena.

Gardens of Wellness

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Technogym® uses all multimedia instruments at its disposal to communicate and promote Wellness culture both within the company and outside.

Wellness MagazineFounded in 1998, the Wellness Magazine is edited by Technogym’s editorial staff. Its articles focus on product innovation and the mainplayers of the Wellness community. Available in 9 different languages, it is sent to fitness operators and opinion makers all around the world.

Wellness Marketing & CommunicationWe invest both human and economic resources to achieve brand visibility and promote Wellness lifestyle through strategic campaigns, events, articles in national and international press and sponsorships of social and sport events.

www.technogym.comA window on the Wellness world, it offers its visitors information relating to the company, its products and services and up-to-date contents concerning nutrition, physical exercise, lifestyle issues and scientific publications.

Wellness Communication.


Wellness Magazine n° 24

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Wellness TVWith the aim of achieving an ever more efficient internal communication system, the first business & brand Technogym® television, the Wellness TV, went on line May 2007.Developed as an aid to company staff in its daily work and to create value in respect to outside stakeholders, Wellness TV enables collaborators to stay informed and updated on what is happening at Technogym®.As well as surfing the index it is possible to access the For Us channel reserved to employees only and show prospect clients and existing partners the videos of the Wellness Company. The Wellness TV is a multi-platform project that

collaborators can surf via the Intranet or access from the company Wellness Centre where the Wellness TV is on air on the cardio equipment, on a dedicated channel.

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‘For Technogym® Wellness means taking an active role in non-profit projects for the wellbeing of the community’.

Olivia, 37

Technogym® Social Choice40

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Technogym® Social Choice is born

year 1999


Bringing Wellness where it is needed most.

We believe that the wellbeing of a community can be improved by caring for and investing in its most precious resource: its citizens. To do so it is necessary to invest in people and in their health, to generate opportunities for learning and socialising thus promoting a wellness culture.

In 1999 Technogym® launched the Technogym® Social Choice project - a commitment shared and enacted globally by 13 subsidiaries and over 70 distributors -that runs a number of initiatives in Italy and globally with the common objective of promoting and enhancing people’s quality of life.

In full coherence with its mission, Technogym®, has been actively collaborating at local, national and global levels with associations and non-profit organisations, in the firm belief that when promoting Wellness it is necessary to start from the most vulnerable groups (children, disabled, elderly) and that these actions are effectively only if done on a regular basis.

Technogym® actively supports events that contribute to healthy lifestyles in local areas in which the company was born and in which it operates. It is these areas from which it derives its culture and the values typical of lands rich in hospitality and products, as well as professionalism and capabilities.

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‘Rainbow Project’ in Zambia, Kenia and Tanzania

Technogym® supports the Rainbow Project, born in 1998 thanks to the Pope John XXIII Community Association, with the aim to develop those conditions that guarantee self-support and regional development in the local area. One of the projects involves agricultural microfinancing so that the poorest families can receive basic training and modest financing to invest in agricultural activity to ensure a dignified job and guarantee medical care and basic instruction to their children.

In Spain and Argentina against hunger in the world

In 2006 Technogym® and Bard International, its Argentinean distributor, collaborated with Unicef and Nike at a fund-raising initiative for extremely indigent childhood. Participants donated 1$ for each Km run on a Technogym® treadmill, moved on by the slogan ‘Running 10 Km helps your health and poor children around the world’. Technogym® Trading SA, Technogym’s Spanish subsidiary, supported the ‘Action Against Hunger’ association, in favour of indigenous population across the world, donating 1 Euro for each Km run on a Technogym® treadmill.

Support to non-profit organisations in USA and Canada

Technogym® USA participates in many initiatives in collaboration with research institutes and organisations that aim to promote wellbeing. They have supported YMCA, Augie’s Quest - the association founded by the pioneer of the fitness industry, Augie Nieto, to support ALS research - and contributed to Sick Kids Foundation, an important non-governmental organisation based in Canada that promotes scientific research and activities for improving children’s quality of life in terms of health, education and guardianship.

Other projects supported by fund raising and donations:

• Support to the international non-governmental organisation AVSI in Belo Horizonte (Brazil), where 11 centres house 2,000 children aged between 0 and 14 with social hardships.

• Northern Uganda Emergency, in collaboration with AMREF (African Medical and Research Foundation) to provide vaccines and medical care to child war victims.

• ‘Operation Smile’ in Ethiopia, to finance plastic surgery for serious facial malformations.

• Projects to safeguard children facing abandonment in collaboration with the Friends of the Children Association of Milan both in Italy and abroad.

• Support to the Community of San Patrignano (Rimini) with donations of fitness equipment to their facilities in Italy and to auctions to aid the rehabilitation of drug addicts and their re-introduction into society.

• Requalification and support to the Sheltered Home ‘Casa Insieme’ of Mercato Saraceno (FC) run by Ipab, a public institute that is responsible for providing social and health care assistance to elderly patients, some of which affected by Alzheimer’s disease.

• Support to scientific research of several national and international research institutes, including Telethon, the Italian Association Against Cancer and the Italian Association for Cancer Research.

Social Projects.

Technogym® Social Choice44

helps your health and poor children around the world’

‘Running 10km

Rainbow Project

NIKE 10K

45

Physical activity for all with WOW!

‘Wellness on Wheels’ (United Kingdom)

The objectives of WOW are to direct an ever-increasing number of people towards a healthy and active lifestyle, to reach the poorest and most isolated areas and to get the people that don’t normally perform physical activity involved. Technogym® has equipped a travelling gym inside a truck with 16 machines equipped with Wellness System in collaboration with the Wear Valley District (Durham Dales & Valley - UK). The project will run for three years and will provide data to monitor the benefits and improvement achieved by performing physical activity. An evaluation of the most effective programmes will follow, with specific attention to child obesity, diabetes prevention, cardiac and injury rehabilitation. Thanks to Technogym® UK, Sport England, Wear Valley Sport Action Zone and Durham Dales Primary Care Trust more than 1.5 million Euro has been financed for this programme.

Physical activity in hospital (Norway and Denmark)

Radiation and chemotherapy treatments weaken the physical conditions of cancer patients. Norsk Fitness Handel, Technogym’s partner in Norway, supports rehabilitation programmes and helps patients staying at the Norwegian Hospital for the Treatment of Cancer through the installation of machines to enable patients to perform adequate physical activity during treatment and to regain body and mind functionality afterwards.Pedan, Technogym’s partner in Denmark, has equipped a Wellness Centre inside a hospital where cancer patients are treated and research is being carried out to prove the relationship between physical activity and positive reaction to therapies. Pedan has also given a significant contribution to several charity associations and has been acknowledged as one of the best national examples of Corporate Social Responsibility.

Physical Activity for the disabled with the ‘Disability

Access’ (United Kingdom) and ‘Gardens of Wellness -

Hospitality Farm’ (Italy) projects

Technogym® is actively engaged in making physical activity accessible to disabled users, by developing dedicated equipment, programmes and services. To mention a few of the projects under way, we support ‘Disability Access’ in the UK and we equipped a dedicated Wellness Centre within the Hospitality Farm (Diegaro, Cesena - FC). The latter initiative is carried out in collaboration with Cesena ANFFAS Association and with the support of local authorities.

Promoting health.


‘Wellness on Wheels’, United Kingdom

46

Physical activity for the elderly in Singapore

As the population becomes increasingly older, it becomes important to stay active to maintain quality of life. We can contribute to the prevention and fight against aging illnesses (diabetes, osteoporosis, cardiovascular disorders) by promoting more active lifestyles, as Dynaforce, Technogym’s distributor in Singapore, has done, by installing an Easy Line circuit at Lions Befrienders Association, a recreational centre for senior citizens affected by health disorders and economic difficulties.

Events for the promotion of health in Italy

Between 2005 and 2007 Technogym® has participated in the following projects:• ‘Cesena, a city that walks - Check-up your health’, in collaboration with Cesena town council• ‘World Heart Day’, in collaboration with the Milan Cardiological Research Centre• ‘Health in the Square’, in collaboration with the Milan De Gasperis Foundation• ‘Wellness Week’ in Parma, Italy.

47

Technogym® supports those projects that enhance the cultural resources of its surrounding areas such as the initiatives related to the ancient Malatestiana Library of Cesena and the Tito Balestra Foundation of Longiano.

Malatestiana Library of Cesena Expositions (Italy)Amongst the many we recall the one celebrating the Cesena-born artist Alberto Sughi in 2007.

Initiatives by Tito Balestra Foundation of Longiano (Cesena, Italy)Support to the initiatives of the Art Foundation located inside Longiano’s Malatesta castle. We recall the days dedicated to poetry, the ‘Myth of Baccus between art and wine’ exhibition, Renato Guttuso’s exhibition, the annual editions of the ‘Wise

are the Muses’ festival, dedicated to Michel Butor, and art and sculpture laboratories.

International Festival of Creativity and Economic DevelopmentTechnogym® sponsored an event organised by the Institute for Economic Development Policy (University of Birmingham) and by the association Interactus, in collaboration with the Municipality of Gambettola (Cesena, Italy) to stimulate an active dialogue on ‘creativity and economy’, where new opportunities for development are expressed and created through art, poetry, theatre, science, cinema and other forms of creativity.

Cultural events in LongianoSponsorship of Petrella Theatre’s programme support to the Longiano Nativity Scene Exhibition.


Cultural initiatives.

48

Technogym® has given its support to a number of important events to support sport activity in disabled athletes:

• Summer Special Olympic World Games Shanghai 2007 and Special Olympics in Italy to encourage activities in disabled athletes

• National Convention on disability and sport activity (Pisa, Italy), in collaboration with CONI

• Cesenatico Open - International Tennis Tournament for the Disabled (Cesenatico, Italy).

Supporting sport for the disabled.

49

‘Wellness to Technogym® also means promoting and protecting the environment’.

Lara, 38

Eco-Wellness50

51

Eco-Wellness52

Healthy bodies, healthy minds, healthy planet.

The welfare of the population and that of the planet go hand in hand. In full coherence with its mission of bringing Wellness to the world, Technogym®, puts the health of our planet at the forefront, selecting systems and behaviours that protect the environment and its natural resources.

Our company politics, as much as our individual choices, can make a difference and inspire towards more eco-compatible behaviours.

‘Total Quality drives us; Social Commitment and the safety of our workers guides us; Safeguarding the environment involves us’ is the declaration of intents with which the company accompanies its own Environmental Management System project which together with the Total Quality and Social Responsibility certifications completes the company’s process of certification.

Protecting the environment is something we bear in mind in every process - from production to distribution - and which goes beyond the boundaries of the headquarters to reach our subsidiaries and our distributors, as well as our clients, to whom we offer the possibility of using energy-saving products to create eco-compatible facilities.

In 2003 Technogym® received the UNI ISO 14001 certification according to the international Environmental Management System standard for its two main productive sites: • Via De Gasperi n° 90 - Gambettola (FC) - Italy• Via Pietà n° 96 - Savignano sul Rubicone (FC) - Italy

!

53

Our commitment to Wellness is apparent in the attention we pay to the health of the environment, achieved by means of energy-saving initiatives such as recycling materials from all our production sites, reducing waste materials and by employing clean electrical energy, produced by renewable resources.

Since 2003 Technogym® has put in place a number of manufacturing accomodations, in accordance to UNI ISO 14001 certification requirements, primarily aimed at product and process environmental compatibility. The following criteria form the basis of development of Technogym® products during their entire life cycle:

• Use of renewable materialsTechnogym® products are built with highly renewable - more than 95% in weight - materials (plastic and metal). The easy and simple process of disassembly of the components allows us the salvage of secondary raw materials at the end of the lifecycle.

• Reduction/replacement of dangerous, toxic or environmentally unsuitable substances.The Excite™ line uses water-based instead of solvent-based paint and avoids chrome plating. All products sold globally contain electrical and electronic components in full conformity to RoHS directive*.

• Durability and longevityTechnogym® products have a very long average life, enhanced further by the second-hand market. This allows us to reduce raw materials use and product disposal.

• Energy efficiencyWhere possible, Technogym® products are planned using energy efficiency criteria to provide the same performance using less energy: our Excite™ Run professional treadmills use high efficiency motors and inverters with power factor correction system. The Excite™ cardiovascular line features totally self-powered products that self-generate the energy necessary to function (Excite™ SP).

• Re-usable PackagingOur main suppliers deliver re-usable packing material, as they use foldable containers that can be used over and over to reduce the need for new packaging material. We also re-use part of the wood pallets where possible.

• Reducing waste quantity and increasing recyclingWe regenerate the cloths used for cleaning our products and we recycle printer toners, paper, cardboard and wood products. We use only recycled office paper and have been limiting the use of paper to print user manuals, substituting them with digital documents.

• Increasing awareness of the correct environmental behaviour Company culture relating to environment issues influences both behaviour within the company and our external suppliers that work in Technogym® sites.

Products that burn more caloriesand less natural resources.

Eco-Wellness54

* RoHS directive:European Directive 2002/95/EC (RoHS) requires the substitution in new electrical and electronic equipment of various heavy metals (lead, mercury, cadmium, and hexavalent chromium) and brominated flame retardants (polybrominated biphenyls (PBB) or polybrominated diphenyl ethers (PBDE), considered to be hazardous for the environment in the final disposal phase.

55

The production of electricity through fossil fuels is responsible for the largest global emission of greenhouse gas - and carbon dioxide in particular.

Starting from year 2008 Technogym® Spa will use only clean electrical energy, produced by renewable resources, thus contributing to reducing its carbon footprint. This commitment will bring to a reduction of carbon dioxide emissions in the range of 1,400.000 kgs per year. For us, environmental stewardship begins at home. Our new headquarters, the Technogym Village, which is currently

under construction - will use innovative solutions to minimise environmental impact while maximising wellness:

• Bio-architecture principles• Solar cell system: the roof has been built to hold a solar

electricity system capable of producing 980 Kw, the total consumption of the Technogym Village. Technical arrangements have been made so that installation will be simple and will not impact on the architecture or the environment.

• High-insulation building materials such as reflective aluminum for the roof and wood for the structure

• A multi boiler ‘Cascade’ centralised heating system with three condensing units to ensure maximum heat efficiency and saving

• Automatic opening and closure of the large windows as the temperature requires to cool the rooms without the use of an air conditioning system

• T5 high-efficiency fluorescent lights that adjust to external light conditions to offer a constant degree of illumination without waste

• Electricity-operated motors and automations and high-efficiency electromechanical systems with inverters

• Low-power consumption PCs (5W instead of 80W each PC) that consume 94% less energy than traditional ones

• Every cubic metre of unearthed soil has been used to create natural soundproofing barriers.

Clean energy for a clean environment.

less of carbon dioxide emissionsin the atmosphere thanks to our

renewable energy sources

1,400,000 kgs

Eco-Wellness

Clean electric energy in collaboration with Edison

56

57

From Brazil to the United States a number of Wellness Centres have shown that it is possible to collaborate for a greener planet and achieve economic and social benefits at the same time. These eco-compatible centres save on electricity and earn in attraction, appealing to users who are careful about environmental sustainability-with some help from Technogym®.

Eco-Fit, Brazil‘Our mission is to improve people’s lives. We cannot detach quality of life from ecology; it is impossible to speak about health if we are not concerned about the environment in which we live. We want to give a good example and show how even a small company can and must do something, not only multinational companies. We should always ask ourselves what inheritance we want to leave our children’ says Toni Gandra, manager of the centre.Eco-Fit defines itself as the ‘only ecologic gym in Brazil’, and this because of the approach adopted in three aspects: architecture, culture and philosophy. Eco-Fit uses rain water, warms the pool with solar energy, uses recycled paper and natural light, implements waste recycling - also for batteries and oil - and uses organic waste as fertiliser.It partners non-governmental bodies and associations such as Greenpeace and Sos Mata Atlântica, it takes on itself to divulge information through brochures and events; and 95% of equipment fitted in the gym’s 3,200 sq.m. - the majority of which is self-powered - is Technogym’s. ‘Our 2,300 members appreciate our philosophy and it attracts media interest’ claims Gandra. ‘The satisfaction of belonging to an ecological project is shared by our members who, like us, believe this is the only way to ensure ourselves a better future.’

Hearst Tower, New York Headquarters of Hearst Corporation, the world-known communication company, Hearst Tower received the Golden Seal for its green initiatives by The Leadership in Energy and Environmental Design (LEED), the classification system for ecologic buildings. The 836 sq.m. of The Club fitness centre, on the 14th floor demonstrates its eco friendly philosophy with its wide windows to let the natural light in, the self-powered Technogym® machines and the use of organic and recycled material. ‘Technogym® equipment plays an important role in the centre’s green philosophy’ says Tom Maraday the senior vice-president of Plus One Health Management that runs the centre. ‘The majority of the equipment is Selection and Excite™ self-powered machines, with the addition of Run treadmills featuring Active Wellness TV, selected because of their energy saving engines. Technogym’s use of recycled plastic materials and non-toxic substances in the production cycle coincides with the Club’s philosophy. Hearst’s staff has embraced ecology and is enthusiastic of the fact that the objectives shared by both the company and the club concerns energy saving and sustainable development’.

Green Wellness centres are good for business and for the environment.

Hearst Tower, NY

Eco-Wellness58

Plant an oak tree with Technogym®

We can do our part for the environment using a bit of fantasy, like AVV Turkey, Technogym’s Turkish distributors: instead of a gadget to wish its clients a happy new year, it planted 45 oak seeds for each client, in ground that will become a forest in time. AVV planted a total of 22,500 seeds: ‘The aim is to make the world a better place to live and to fight global warming’- said Vittorio Zagaia of AVV - ‘We have sent our clients a certificate issued by TEMA (Turkish Association that combats erosion and protects natural beauties), as a statement of Technogym’s commitment to environmental issues’.

TIPS TO MAKE A GREENER FACILITY

• Invest in solar cell power and consider alterative power sources to power your facility, save on electricity and reduce carbon footprint

• Study your layout to make the most of natural sunlight and heat

• Choose floor heating and programme your thermostat for maximum energy saving

• Install high-insulation glass windows to keep heat in and cold out

• Install skylights to gather more natural light and reduce electricity consumption

• Change all light bulbs to the energy saving kind and install motion sensors to light only the rooms that are being used

• Insulate all your water pipes and heaters, install low-flow faucets, showers and toilets and consider using recycled water for watering, laundry and bathroom facilities

• Use ecologic paints that are water-based and free from heavy metals

• Use lime plaster that reduces the risk of mould, allowing the walls to ‘breathe’

• Try natural wood flooring that helps regulate humidity and temperature inside the rooms by absorbing and releasing the water particles in the air

• Have recycling receptacles for paper and plastic

• Use high efficiency exercise equipment

• Look for personal entertainment systems that are only on when the machine is on.

QI, Kinesis Athletic Club, Denver - Colorado, USA

59

Human Resources Management

‘Wellness in Technogym® is something we experience everyday and of which we feel part of. Everyone in our team has the opportunity to grow and our merits are recognised and rewarded’.

Natascia, 38

60

61

Every year Technogym® sets amongst its main objectives the achievement of staff effectiveness and motivation with the full understanding that global leadership can only be attained by creating a team that shares the same values as the company.

Responsibility, reliability, dynamism, trust, teamwork, passion, enthusiasm, transparency, loyalty, respect, recognition, appreciation are the values we appreciate most in our staff.

Technogym® is committed to developing and spreading strategic competences amongst its collaborators to ensure everyone possesses the know-how, the capacities and the experience required to pursue the company vision.For this reason it organises training, development and internal communication programmes to create value and support the growth of human resources in line with its company culture and challenges.

Regular internal surveys that involve a representative sample of the company population - including the international subsidiaries - enable Technogym® to verify the company climate and to plan activities and implement projects aimed at solving gaps which may have revealed themselves.


People at the heart of our company.

Italy: 33.9Rest of the World: 34.9

average age

62

How the organisation is distributed across the world

Staff composition according to category Staff composition according to sex

0

300

600

900

1200

1500Factory workers

Employees

Managers

200720062005

tot. 991

338

447

465

624731

881

29 34 36

tot. 1.212

tot. 1.382

0

300

600

900

1200

1500Women

Men

200720062005

tot. 991

309

389

455

682823

927

tot. 1.212

tot. 1.382

In 2007 170 new staff members joined the Technogym® group.At the end of 2007, Technogym® employed 1,382 people of which 58% work in Italy.

ASIA

CINA

JAP

USA

CH

FR

ES

SLO

DE

NL

UK

IT803 22

93 3

81 93

66 42

113 26

34 6

63

Training within Technogym® is aimed at improving performance and organisational capacities to meet business objectives and to satisfy needs arising from performance evaluation. The latter is assessed using a method that defines objectives and provides qualitative and quantitative parameters for evaluation and by surveys on company organisation.

Training is a personal and professional development process that entails:• generating and reinforcing a person’s awareness of the contribution his/her own work makes to the achievement of the vision• increasing a person’s skill so that he/she might better fill his professional role• supporting the achievement of professional objectives.

The training process is characterised by the following phases:• analysis of learning priorities, on the basis of expected results and position of current responsibility• planning training development taking into account the various training formats like classroom training, coaching, e-learning, training through experience and outdoor training• implementing planned development activities• analysing the effectiveness of training through appraisal by its participants and evaluation of performance by the person in charge of training.

These training processes are implemented following a 360 degree evaluation that aims to support development activities, to evidence organisational needs and to create a transparent and impartial confrontation between head and collaborator to increase awareness and direct development towards the key competences to achieve the company vision and strengthen company culture.

Human Resources trainingand development.

60,000 hours of trainingwere issued by Technogym® Italy in

2007, involving 600 collaborators

Human Resources Management64

The following evaluation model has been developed internally by human resources in collaboration with top and middle management:• Top down: assessment of collaborators by their head• Bottom up: evaluation of the head by collaborators• Self: self-evaluation• Peer to peer: evaluation amongst colleagues

Since 2007 Technogym® has added an anonymous evaluation of the head by his/her collaborators to the assessment system.

Technogym® has also implemented the three-year Ready-to-Jump project especially developed to monitor, reinforce and spread company culture and strategic competences.The project foresees the involvement of all collaborators and will coach people to achieve the level of quality required by Technogym® Vision 2009.

65

Involvement and participation in company culture.

Technogym® is actively involved in building a positive and efficient environment within the company by involving its collaborators, motivating personnel, promoting collaboration and team work, facilitating working practices, the exchange of information and know-how transferral and making available information concerning the company and the market.

Besides the usual communication systems, such as newsletters, video, posters and notice boards (the latest being the Corner of Ideas), an interactive company intranet and the W4W - Working for Wellness - project have been implemented to improve working environment and climate.

The projects include a number of services and activities for wellbeing at work.


• Legal Opinion is a free legal consultancy service to help solve personal problems.• Counselling on pay packets, an on-line support system giving personal assistance with the reading of pay packets.• Corporate Social Responsibility Communication provides a bottom up service, with an anonymity option, on issues relating to the social responsibility system at Technogym®.• Corporate Wellness makes available to all staff Wellness initiatives and the use of the company Wellness centre at its Italian headquarters.

The social network of the collaborator, and its family in particular, contributes to the achievement of company results, and for this reason Technogym® likes to offer families the opportunity to take part in company events, to get to know the values and the spirit guiding the company. To this end Open Days are held when the company opens its doors to families, and guided tours and other events are organised to involve the family the children in particular.

• Educational It provides information on physical activity and Wellness. Several subjects have been examined such as nutrition, relaxation techniques, marathon experiences and stretching.

• Oudoor running and mountain bike outingsCorporate Wellness initiatives include running outdoors and mountain bike outings with a pacer to guide the group.

• Beach volley and beach tennis Every year a beach volley tournament and a beach tennis tournament are organised by the company.

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Through its Socially responsible management system, Technogym® reinforces its commitment to its collaborators, by guaranteeing them maximum protection. With reference to the aspects covered by the SA8000 legislation Technogym® has adopted the following code of practice.

Child labourTechnogym® affirms its refusal to sustain child labor in any form, and states it has never employed children in its work in the past nor wishes to do so in the future. The company respects apprenticeships and regards them as a form of professional training for young people. The company, therefore, undertakes to comply with the CCNL and related legislation and to assign to the apprentice tasks appropriate to his age, and which involve no risk to his health. In short this means assigning the apprentice tasks which do not require physical effort and which can be carried out at regular hours.

Forced LabourTechnogym® states it does not use nor support the use of forced labour. In accordance with related legislation, employees are free to terminate their obligation to the company at any time, respecting the terms of notice laid down in the CCNL. Through the company intranet HR Direct Technogym® informs its personnel how to formally discontinue a contract of work, highlighting the obligations to be met to ensure they operate correctly both formally and substantially.

Health and SafetyTechnogym® guarantees a safe workplace for its collaborators, adopting the necessary measures to prevent the instance of accidents and injuries while undertaking working activities. In relation to tasks to be performed, personnel will be given training in matters of health and safety, and will be issued with individual appropriate protective apparatus. Technogym® makes available to its personnel healthy working environments maintained to high standards of hygiene and cleanliness. Particular attention is paid to changing-rooms, hygiene services and to places where food is stored and consumed.

Code of Ethics and protection of rights.


Freedom to join unions and collective negotiating rightsTechnogym® respects the right of its collaborators to adhere to trades unions, in accordance with current legislation, safeguarding the freedom of membership and the possibility of electing its own representatives as stipulated by the Italian Republican Constitution, The Workers Statute, the CCNL in force and with reference to various Interconfederal Agreements.Technogym® fully recognises the right to collective bargaining. It has signed a collective contract with the local area trade union organisations and with the Representatives of the single Unions which is valid until the end of 2011. Technogym® guarantees it has never nor will it ever discriminate against union representatives in terms of retribution, organisation or training.Each decision takes into account factors which characterise the Technogym® management system: for example the importance of the job, performance evaluation and analysis of responsibility.

DiscriminationNever in the phases of recruitment, training, promotion, dismissal, retirement, or in determining retribution, or enhancements, nor in any other managerial situation has Technogym® put into effect or shown support for any form of discrimination on the basis of race, religion, ethnic origin, sex, handicap, sexual preference, political or union membership. It is, therefore, evident in all company management documents that Technogym® bases all decisions relating to its retribution policy, and the development of the personnel on responsibilities, skills, role, results and motivation.Technogym® does not obstruct but consents and encourages full participation on the part of its collaborators in the right to openly express their own religious and political beliefs and union affiliation, designating specific areas for these uses in accordance with the Workers Statute and the CCNL.Technogym® does not tolerate physical or verbal behaviour which might be interpreted as offensive or threatening by its collaborators or seen to threaten the dignity of the individual.

Disciplinary ProcedureTechnogym® recognises fairness, as a point of principle, when dealing with disciplinary issues. The company disciplinary code refers to the CCNL one and this is made available to collaborators on company notice boards. Technogym’s policy is to endeavour to avoid disciplinary proceedings that might compromise the future of its relationship with the collaborator. To this end ‘Day by Day’ and the company Intranet represent useful means of communication for all collaborators.

Hours of WorkTechnogym® complies with current legislation and the CCNL in matters relating to hours of work. The hours of work are made available to all collaborators through the company Intranet and notice boards. Overtime will be used to meet moments of intense activity, remaining at all times within the limits of the law. In order to contain the level of overtime in production, Technogym® has signed an agreement with the representatives of trade unions authorising the use of a flexible system of hours of work following high and low season requirements.

69

The frequency and gravity of accidents has more than halved itself between 1998 and 2007.

It is Technogym’s primary objective to ensure its employees with the highest possible level of safety in the workplace. The company’s commitment on a daily basis consists in planning and developing projects for improving Health and Safety at work, in order to reduce risk to its minimum and to achieve the best situation of wellbeing when working.

In order to attain the challenging objective of zero injuries as set by Technogym®, it is quintessential that everyone be collaborative and committed to organising safety.

The company’s approach to prevention across time has become 360 degree to include: • a more structured approach to identifying and evaluating risks and defining future objective• continuous in-depth investigation into and control of potentially critical issues;• study and analysis of information relevant to health and safety matters;• regular and constant information and training aimed at developing awareness amongst collaborators of Health and Safety issues (in the year 2007 the company issued 3,000 hours of training)• a greater involvement of personnel to improve Health and Safety conditions within the company • the application of procedures and operative instructions to guarantee safety at work.

Prevention and employeehealth and safety.


Accident Gravity Index

0,2

0,4

0,6

0,8

1,0

2007200620052004 200320022001 200019991998

0,96

0,70

0,76

0,58

0,94

0,66

0,49

0,39

0,45

0,37

70

0

20

40

60

80

100

2007200620052004200320022001200019991998

92,7

70,3

79,672,2

73

62,7

42,6

31,4 31,327,1

The Gravity Index has improved by 71% from 0,96 (1998) to 0,37 (2007).

Technogym’s Social Responsibility Management System

was certified in October 2006.

Certification:Since 2006 Technogym® has developed a Health and Safety Management System certified according to OHSAS 18001 that integrates the other certifications concerning Quality, the Environment and Social Responsibility.

Accidents at work Frequency Index

71


worked with Technogym® in 2007

850 suppliers

Technogym® wishes to create partnership relationships with its main suppliers. For this reason the larger purchases are carried out with a limited number of suppliers considered partners. Technogym® shares its business with these companies, constantly stimulating growth and improvement, also by requiring them to share the Social Responsibility commitment.

With the aim of simplifying the relationship with the suppliers and of promoting total quality, Technogym® avails itself of innovative and functional working systems.

Global Supply Chain:The project allows the sharing of expertise relating to the Supply Chain and achieves more efficient and effective activities management of this activity, on behalf of both Technogym® and of its suppliers.

GSCOnline:An electronic platform which enables suppliers real time updating on Technogym’s production plans, and consequently, to programme delivery of Technogym® materials well in advance. Potential suppliers:An electronic database through which it is possible to find out which suppliers have expressed their wish to work with Technogym® by filling in an application form. From this initial contact, Technogym® asks the supplier to share the values of the SA8000 legislation.

The values we share with our suppliers are flexibility, collaboration and competitiveness.

73


Technogym® group is proud to be a company experiencing healthy growth. This growth has allowed us to expand globally into new markets such as China and the United Arab Emirates. Our growth is a result of strong company investments in 360 degree innovation in research and development - that employs more than 150 between engineers and technicians - and to the many activities to promote the brand at international level - the 2008 Beijing Olympics being an exemplary case. At Beijing Technogym® was Official Exclusive Supplier of fitness equipment to the 25 training centres dedicated to the preparation of Olympic athletes: a unique showcase not just for Technogym® but more in general for Made in Italy in the world.

The economic results of Wellness.

Subsidiaries in 13 major countries

Exclusive distributors in more than 100 countries

74

75

76

77

Technogym® in the world

ITALYTECHNOGYM SpA Via G. Perticari, 20 47035 Gambettola(FC) Ph. +39 0547 56047 Fax +39 0547 650505E-mail: [email protected]

UNITED KINGDOM TECHNOGYM UK Ltd. Doncastle HouseDoncastle Road - BracknellBerkshire RG12 8PE Ph. +44 1344 300236 Fax +44 1344 300238 E-mail: [email protected]

GERMANYTECHNOGYM Wellness & Biomedical GmbHIm Geisbaum 1063329 Egelsbach Ph. +49 6103 201240 Fax +49 6103 2012410 E-mail: [email protected]

NETHERLANDSTECHNOGYM BENELUX B.V. Rhijnspoor 2592901 LB Capelle Aan Den IjsselPh. +31 (0) 10 422 32 22Fax. +31 (0) 10 422 25 68E-mail: [email protected]

BELGIUM AND LUXEMBOURG TECHNOGYM BENELUX B.V. Chausseé de Louvain 555/21930 Zavantem (Bruxelles)Ph. +32 (0) 2 709 05 50Fax.+32 (0) 2 721 36 99E-mail: [email protected]

FRANCE TECHNOGYM FRANCE SAS4, Rue Nieuport B.P. N.10978143 Velizy CEDEX Ph. +33 1 34582585 Fax +33 1 34582588 E-mail: [email protected]

SPAINTECHNOGYM TRADING S.A.Parque de negocios Mas BlauEd. Océano 1 c/Garrotxa, 10-12 Bajos 3ª08820 El Prat de Llobregat, Barcelona Ph. +34 902 101 093 Fax. +34 933 704 736 E-mail: [email protected]

PORTUGALTECHNOGYM TRADING S.A. Lagoas Park - Edif. 8 - Piso 12740-244 Porto SalvoLISBOAPh. +351 21 893 40 30 Fax. +351 21 893 40 39 E-mail: [email protected]

RUSSIATECHNOGYM Z.A.O. BC ‘Vereyskaya Plaza’Vereyskaya Street, 29, Office 42121357 MoscowPh. +7 495 933 38 36Fax. +7 495 933 38 34E-mail: [email protected]

U.S.A.TECHNOGYM USA Corp.830 Fourth Avenue South - Suite 300Seattle WA 98134 Ph. +1 206 6231488 Toll free: 800 8040952 Fax. +1 206 6231898 E-mail: [email protected]

UNITED ARAB EMIRATESTECHNOGYM EMIRATES LLCUmm Harair building, shop 9Za’ Abeel RoadDubai, United Arab EmiratesPh. +971 4 3375337Fax. +971 4 3372660E-mail: [email protected]

JAPAN TECHNOGYM JAPAN Ltd.Shibakoen Bldg. 3F3-5-5 Shiba, Minato-kuTokyo, 105-0014 Japan Ph.+81 3 5765 7788Fax. +81 3 5765 7789E-mail: [email protected]

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CHINA TECHNOGYM (Shanghai)INTERNATIONAL TRADING Co., Ltd. Room 101, No.98-4 Yanping Road, Jingan District, ShanghaiZip Code: 200042Ph : +86 21 5888 6355Fax: +86 21 5888 6950E-mail: [email protected]

HONG KONGTECHNOGYM ASIA Ltd.30/F, Unit 300825 Canton Road, The Gateway Tower 2Tsim Sha Tsui, Kowloon, Hong KongPh: +852 31162622Fax : +852 31162625E-mail: [email protected]

ASIA PACIFICTECHNOGYM INTERNATIONAL B.V.331 North Bridge Road#05-03 Odeon Towers188720 - SingaporePh: +65 63386048Fax: +65 64665935E-mail: [email protected]

AUSTRALIATECHNOGYM AUSTRALIA PTY Ltd.Suite E204,24-32 Lexington DriveBella Vista NSW 2153Ph / Fax: +61 2 8883 0172Toll free: 1800 615 440E-mail: [email protected]

OTHER COUNTRIES TECHNOGYM SpA Via G. Perticari, 20 47035 Gambettola (FC) ITALY Ph. +39 0547 650500 Fax +39 0547 650591 E-mail: [email protected]

websitewww.technogym.com

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