LEGRAND / 2018 Registration document

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CORPORATE GOVERNANCE

COMPENSATION AND BENEFITS OF COMPANY OFFICERS

Table 10 – Summary of multi-year variable compensation attributed to Mr. Gilles Schnepp for previous financial years by the Company and by any Group company

2013

2014

2013 Future Performance Unit Plan

2014 Future Performance Unit Plan

Gilles Schnepp

Date of plan

March 6, 2013

March 5, 2014

Min Target Max (as a % of fixed compensation)

0% 100% 150%

0% 100% 150%

IFRS valuation (in euros) before indexation to stock price and application of performance criteria

605,221

600,508

For a description of the applicable performance criteria, see pages 222-223 of this registration document.

Performance criteria

Date on which presence and performance criteria were verified

March 6, 2016

March 6, 2017

92.2% of the target and 61.5% of the maximum

Future performance criteria achievement rate

100.2%

For a description of the method used to index the value of Future Performance Units to the stock price during the two-year lock-in period, please refer to page 223 of this registration document

Method used to index the value of Future Performance Units to the share price

Under the 2013 Performance Unit Plan, the value of Future Performance Units is equal to €63 each, which was Legrand’s closing share price on NYSE Euronext Paris on the last day of the two-year lock-in period, i.e. on March 7, 2018. The total theoretical amount calculated (on the basis of the future performance criteria achievement rate of 100.2% and the share price of €63), which is €1,237,670.28, has been capped at €937,500 in accordance with the rule mentioned on pages 172 and 173 of the 2013 registration document. Under the 2014 Performance Unit Plan, the value of Future Performance Units is equal to €60.33 each, Legrand’s average daily closing share price on NYSE Euronext Paris on the last day of the two-year lock-in period, i.e. on March 7, 2019. The total theoretical amount calculated – on the basis of the future performance criteria achievement rate (92.2%), the average share price (€60.33) and the capitalization of 2017 and 2018 dividends – is €849,037. Existing performance unit plans For 2013 and 2014, the long-term variable compensation approved by the Board of Directors and presented in the table above consists of Future Performance Unit Plans. On the recommendation of the Compensation Committee, the Board of Directors, at its meetings of March 6, 2013 and March 5, 2014, decided to put in place Future Performance Unit plans (the “ 2013 Performance Unit Plan ” and the “ 2014 Performance Unit Plan ” respectively) which benefit Mr. Gilles Schnepp in particular. The target value of these plans was set at 100% of fixed compensation (for 2013 and 2014) and may vary between 0% and indexing to the share price and 150% (maximum) of said fixed compensation, depending on the achievement of external and internal performance criteria, and depending on indexation to the share price.

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LEGRAND

REGISTRATION DOCUMENT 2018