SOMFY - Annual financial report 2018

04 MANAGEMENT BOARD MANAGEMENT REPORT

INFORMATION ON THE DISTRIBUTION OF SHARE CAPITAL AND HOLDINGS

DISTRIBUTION OF SHARE CAPITAL (ARTICLE L. 233-13 OF THE COMMERCIAL CODE) — To the best of the company’s knowledge, the distribution of share capital and voting rights is as follows:

Number of shares

% share capital

Theoretical voting rights

% theoretical voting rights

Voting rights at AGMs

% of voting rights at AGMs

Shareholding structure at 31/12/18

J.P.J.S. SCA J.P.J.2 SA

19,480,340 52.65% 38,774,350

61.29% 38,774,350 10.40% 6,534,720 5.23% 3,307,750 4.89% 3,094,645 1.02% 647,502 82.83% 52,358,967

64.02% 10.79%

3,364,695 1,653,875 1,547,595

9.09% 6,579,720* 4.47% 3,307,750 4.18% 3,094,645

Compagnie Financière Industrielle

5.46% 5.11% 1.07%

Despature family and other

Manacor Dev Pte Ltd

647,502

1.75%

647,502

TOTAL CONCERT Treasury shares

26,694,007 72.15% 52,403,967

86.45%

2,656,833

7.18% 2,656,833

4.20%

–

–

Other holders of registered and bearer shares

7,649,160 20.67% 8,204,725

12.97% 8,204,725

13.55%

TOTAL

37,000,000 100.00% 63,265,525

100.00% 60,563,692

100.00%

* Including 45,000 voting rights not exercisable until 09/01/19, due to late declaration of threshold crossing. The identity of controlling individuals is detailed in the section “Disclosure of shareholding threshold crossings pursuant to Article L. 233-7 of the Commercial Code”. In November 2010, Silchester International Investors, acting on behalf of funds under its management, declared that on 1 November 2010 it had a holding of 2,978,875 shares representing 8.05% of the share capital of Somfy SA. Due to the lack of disclosure regarding the attainment of upward or downward threshold crossings, this company is still presumed to hold between 5% and 10% of Somfy SA’s share capital. To the best of the company’s knowledge and at the date of preparation of this document, no shareholder other than those mentioned above holds, directly or indirectly, alone or in concert with others, more than 5% of the share capital or voting rights of the company. Changes to this list during the 2018 financial year are described below in the section “Disclosure of shareholding threshold crossings pursuant to Article L. 233-7 of the Commercial Code”. RECIPROCAL SHAREHOLDINGS (ARTICLES L. 233-29 AND R. 233-19 OF THE COMMERCIAL CODE) — There were no reciprocal holdings as defined by current regulations at the date of preparation of this report. INFORMATION ON EMPLOYEE SHAREHOLDING (ARTICLE L 225-102 OF THE COMMERCIAL CODE) — At 31 December 2018, the FCPE Somfy (Somfy Investment Fund Scheme) held 287,000 Somfy SA shares amounting to 0.78% of the company’s share capital.

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SOMFY – ANNUAL FINANCIAL REPORT 2018