Over the years, the Group has always focused on aligning its organisation with international best practices.

In 2022, also considering the gradual changes in the impacts of the COVID-19 emergency, Piaggio adopted organisational initiatives to support commercial, innovation and new product development objectives, while maintaining efficiency and productivity targets.

As of 31 December 2022, Group employees totalled 5,838, an overall increase of 2.4% compared to 31 December 2021.

COMPANY EMPLOYEES BY GEOGRAPHIC SEGMENT AS OF 31 DECEMBER

AVERAGE NUMBER OF COMPANY EMPLOYEES BY PROFESSIONAL CATEGORY

An entry turnover rate of 6.4% and leaving turnover rate of 7.3% were recorded in Italy in 2022 (excluding staff on a fixed-term contract).

GROUP EMPLOYEE TURNOVER AS OF 31 DECEMBER 2022

The use of external workers within the Group is essentially limited to the Indian and Vietnamese plants and is related to the need to cope with temporary peaks in demand, so external workers are recruited during these periods.

In addition, internships and external collaborations are used for the gradual inclusion of new graduates in the company, to complete training activities and taking into account the specific aspects and local regulations of each country. The number of external workers at 31 December 2022 was 996.

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