LEGRAND / 2018 Registration document

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CONSOLIDATED FINANCIAL INFORMATION CONCERNING THE GROUP’S ASSETS, LIABILITIES, FINANCIAL POSITION AND RESULTS

CONSOLIDATED FINANCIAL STATEMENTS IN ACCORDANCE WITH IFRS FOR THE YEARS ENDED DECEMBER 31, 2018 AND DECEMBER 31, 2017

5.2 RELATED-PARTY INFORMATION The only individuals qualifying as related parties within the meaning of IAS 24 are the corporate officers who serve on the Executive Committee and the Chairman of the Board of Directors.

As a reminder, the offices of Chairman and of Chief Executive Officer have been separated since the beginning of 2018, which implied changes in the compensation of the related parties.

Compensation and benefits provided to the members of the Executive Committee and to the Chairman of the Board of Directors for their services are detailed in the following table:

12 months ended

December 31, 2018

December 31, 2017

Compensation (amounts paid during the period)

7.6 4.6 2.9 0.1 6.1 0.0

7.3 3.9 3.3 0.1 4.8 0.0 0.3

out of which fixed compensation out of which variable compensation out of which other short-term benefits (1)

Long-term compensation (charge for the period) (2)(3) Termination benefits (charge for the period) Pension and other post-employment benefits (4)

(0.3)

(1) Other short-term benefits include benefits in kind. (2) As per the long-term employee benefit plans described in Note 4.5.2, with a 100% pay-out rate assumption. (3) As per the performance share plans described in Note 4.2.1, with a 100% pay-out rate assumption. (4) Change in the obligation’s present value (in accordance with IAS 19).

5.3

OFF-BALANCE SHEET COMMITMENTS AND CONTINGENT LIABILITIES

5.3.1 Specific transactions Specific commitments and their expiry dates are discussed in the following notes: W Note 3.3: Property, plant and equipment; W Note 4.5.1: Pension and other post-employment benefit obligations.

5.3.2 Routine transactions

5.3.2.1 Financial guarantees

December 31, 2018

December 31, 2017

(in € millions)

Guarantees given to banks

136.5

128.2

Guarantees given to other organizations

46.1

52.7

TOTAL

182.6

180.9

Most of these guarantees are given by the Company to banks for Group subsidiaries located outside of France.

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LEGRAND

REGISTRATION DOCUMENT 2018