LEGRAND_REGISTRATION_DOCUMENT_2017

06

CORPORATE GOVERNANCE

Compensation and benefits of company officers

6.2.3 –Company officers Shareholding in the Company

Please refer to pages 337–342 of this Registration Document.

6.2.4 –Other benefits granted to company officers

The Company has not granted any loan, advance or guarantee to any of its company officers.

6.2.5 –Compensation policy attributable for the 2018 financial year to company officers and compensation elements paid or attributed for the 2017 financial year to Mr. Gilles Schnepp submitted for the approval of shareholders

R 6.2.5.1 COMPENSATION POLICYAPPLICABLE TO COMPANY OFFICERS IN RESPECT OF THE 2018 FINANCIAL YEAR, SUBMITTED FOR THE APPROVAL OF SHAREHOLDERS In accordance with article L. 225-37-2 of the French Commercial Code, the principles and criteria for the determination, breakdown and allocation of fixed, variable and exceptional components of overall compensation and any benefits attributable to the Chairman of the Board of Directors and the Chief Executive Officer for the 2018 financial year, in respect of their terms beginning on February 8, 2018 which constitute the compensation policy applicable to them, are submitted to shareholder approval at the next General Meeting of Shareholders convened in 2018 to approve the financial statements for the 2017 financial year.

The amounts that would result from the implementation of these principles and criteria will be submitted for shareholder approval at the General Meeting of Shareholders convened in 2019 to approve the financial statements for the 2018 financial year, it being specified that payment of variable and exceptional compensation components is conditional upon approval by the 2019 Annual General Meeting. It should be noted that Gilles Schnepp has waived, at his own initiative, his compensation as Chairman and Chief Executive Officer for the 2018 financial year, i.e. between January 1, and February 7, 2018. Therefore, no ex-ante vote on the compensation policy for Gilles Schnepp in his capacity as Chairman and Chief Executive Officer for the 2018 financial year will be submitted to the General Meeting of May 30, 2018.

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REGISTRATION DOCUMENT 2017 - LEGRAND