LEGRAND / 2018 Registration document

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

CAPITAL EXPENDITURE

8.8 – CAPITAL EXPENDITURE

8.8.1 – Capital expenditure and capitalized development costs

Capital expenditure and capitalized development costs totaled €184.3 million in 2018 (€178.2 million in 2017 and €160.9 million in 2016), representing 3.1% of the Group’s consolidated sales (3.2%

in 2017 and 3.2% in 2016). See sections 5.5.1.2 and 5.6 of this registration document for further details on these items.

8.8.2 – Investments in equity interests: the Group’s primary acquisitions

R 8.8.2.1 THE GROUP’S PRIMARYACQUISITIONS IN 2018 Legrand continued its acquisitions strategy at a steady pace in 2018, announcing the following seven acquisitions: W the Group acquired a majority stake in Modulan in Germany, which specializes in custom cabinets for datacenters. Modulan has annual sales of approximately €8 million; W the Group acquired GemNet in the United Arab Emirates, which specializes in UPSs. GemNet has annual sales of approximately €4 million; W the Group acquired Shenzhen Clever Electronic, a leading Chinese producer of smart PDUs for datacenters. Shenzhen Clever Electronic has annual sales of approximately €24 million; W the Group acquired a majority stake in Debflex, a leading French producer of electrical equipment for the DIY segment. Debflex has annual sales of approximately €35 million; W the Group acquired Netatmo, a leading French producer of connected objects for the home, and in which the Group had already owned a minority stake since 2015. Netatmo has annual sales of approximately €51 million; W the Group acquired Kenall, a leading US producer of lighting solutions for specialist applications and critical non-residential environments (public buildings and infrastructure). Kenall has annual sales of approximately $100 million; and W the Group acquired Trical, a leading New Zealand-based producer of electrical and digital distribution boards and cabinets for residential and commercial buildings. Trical has annual sales of close to €6 million.

R 8.8.2.2 THE GROUP’S PRIMARYACQUISITIONS IN 2017 AND 2016 During the 2017 financial year, Legrand made the following six acquisitions: W the Group acquired OCL, specializing in architectural lighting solutions for commercial and high-end residential buildings in the United States. OCL has annual sales of about $15 million; W the Group acquired AFCO Systems in the US, which supplies Voice-Data-Image (VDI) cabinets for datacenters, specializing in customized solutions. AFCO Systems has annual sales of approximately $23 million; W the Group signed a joint-venture agreement to acquire 49% of Borri, an Italian specialist in UPS. Since this agreement gives the Group joint control with Borri’s core shareholders, this entity is accounted for using the equity method; W the Group acquired Finelite, a leading US player in the design of linear lighting systems for commercial buildings. Finelite has annual sales of around $200 million; W the Group acquired Milestone AV Technologies LLC, a leading US player in audio-video (AV) power supply and infrastructure. In 2016, Milestone generated sales of $464.1 million; and W the Group acquired Server Technology Inc., a leading US player in smart power distribution units (PDUs) for datacenters. Server Technology Inc. has annual sales of around $100 million.

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REGISTRATION DOCUMENT 2018