SOMFY - Annual financial report 2018

CONTENTS

01 INVESTOR RELATIONS

04 MANAGEMENT BOARD MANAGEMENT REPORT

Breakdown of capital in % 8 Capital 8 Gross dividend 8 Net profit 8 Listing 8 Contract 8 2019 financial calendar 8

Highlights of the year 14 Presentation of financial statements 15

Stock market performance 17 Post-balance sheet event 17 Outlook 17 List of existing branches 17 Value of intercompany loans granted 17 Information on payment terms 18 Information on the distribution of share capital and holdings 19 Information on transactions performed by Directors during the financial year 21 Information on research and development activities 22 Non-Financial Performance Statement 25 Information on risks 43 Description of internal control and management of risks procedures relative to the preparation and processing of financial and accounting information 44 Approval of the parent company and consolidated financial statements for the year ended 31 December 2018 46 Information on non-deductible charges 46 Allocation of net profit 46 Combined General Meeting of 22 May 2019 47

02 ORGANISATION

Supervisory Board 10 Audit Committee 10 Remuneration Committee 10 Management Board 10 Auditors 10 For further information 10

03 OVERVIEWOF THE CONSOLIDATED FINANCIAL STATEMENTS

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SOMFY – ANNUAL FINANCIAL REPORT 2018