LEGRAND / 2018 Registration document

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APPENDIX APPENDIX 1

R NOTE 6 – EQUITY

6.1 SHARE CAPITAL Share capital as of December 31, 2018 amounted to €1,069,980,596 represented by 267,495,149 ordinary shares with a par value of €4 each, for 267,495,149 theoretical voting rights and 266,589,802 exercisable voting rights (after subtracting shares held in treasury by the Company as of this date). As of December 31, 2018, the Company held 905,347 shares in treasury, versus 45,128 shares as of December 31, 2017, i.e. 860,219 additional shares corresponding to: W the net acquisition of 550,000 shares outside the liquidity contract;

W the net purchase of 310,219 shares under the liquidity contract (see note 2.2.3). At December 31, 2018, the Company held 905,347 shares, acquired at a cost of €54,613,517 and allocated as follows: W 5,128 shares purchased at a cost of €238,047 and available for allocation upon exercise of performance share plans; W 350,219 shares purchased at a cost of €19,441,166 and held under the liquidity contract (see note 2.2.3); W for cancellation of 550,000 shares acquired at a cost of €34,934,304.

Changes in share capital in 2018 were as follows:

Number of shares

Par value Share capital (in euros)

Premiums (in euros)

As of December 31, 2017

266,805,751

4

1,067,223,004

790,685,656

Exercise of options under 2008 plan

263,189

4

1,052,756

4,264,978

Exercise of options under 2009 plan

148,476

4

593,904

1,314,708

Exercise of options under 2010 plan

277,733

4

1,110,932

4,832,108

Cancellation of shares Repayment of paid-in-capital*

(88,886,788)

As of December 31, 2018

267,495,149

4

1,069,980,596

712,210,665

* Portion of dividends distributed in June 2018 deducted from the premium account.

In 2018, 689,398 shares were issued under the 2008 to 2010 stock option plans, resulting in a capital increase representing a total amount of €13,169,387 (premium included).

6.2

ADDITIONAL PAID-IN CAPITAL, RESERVES AND RETAINED EARNINGS

December 31, 2018

December 31, 2017

(in € thousands)

Before appropriation of profit Additional paid-in capital

712,211

790,685

IPO costs charged to additional paid-in capital

(33,206)

(33,206)

Legal reserve

106,722

106,931

Non-distributable reserves

2,714

3,389

Other reserves and retained earnings

0

0

TOTAL

788,441

867,799

Non-distributable reserves correspond to share buybacks, excluding shares held for cancellation.

A

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LEGRAND

REGISTRATION DOCUMENT 2018