S & P GLOBAL RATINGS REVIEWS NEXANS OUTLOOK FROM NEGATIVE TO POSITIVE ON 'BB' LONG-TERM RATING Paris, February 17, 2021 âNexans announces today that S & P Global Ratings reviewed its outlook from negative to positive and confirmed its 'BB/B' rating. S & P Global Ratings mentioned: 'a solid credit profile in 2020 with a significant buffer and significantly better ratios than we forecast in our previous review.' Jean-Christophe Juillard, Nexans' Chief Financial Officer, stated: 'This is a true recognition of the transformation and work undertaken by the Company since 2019, and a proof that Nexans is on the right track. A recognition by our investors, and now by our credit rating agency. Nexans is ready for its next strategic step to be unveiled at its Capital Markets Day.'