LEGRAND_REGISTRATION_DOCUMENT_2017

CORPORATE GOVERNANCE

Compensation and benefits of company officers

Compensation policy for the Chairman of the Board of Directors for 2018 financial year submitted to the approval of shareholders, by virtue of his office as from February 8, 2018 The components that make up the policy relating to the compensation attributable to the Chairman of the Board of Directors are presented in the table below:

Compensation components attributable in respect of the 2018 financial year

Amounts/weighting as a percentage of fixed compensation Details

Gross annual fixed compensation approved by the Board of Directors on March 20, 2018, on the recommendation of the Compensation Committee and corresponding to the amount attributable to Mr. Gilles Schnepp, in respect of his office as Chairman and Chief Executive Officer before the separation of the offices of Chairman and Chief Executive Officer. This amount of annual fixed compensation for the Chairman of the Board of Directors was determined by the Board of Directors, upon a proposal from the Compensation Committee, in accordance with the principles recalled in section 6.2.1.1 of this chapter, and in line with the responsibilities and duties assumed by the Chairman and related to the office, as provided by the law, the Articles of Association and the internal rules. The main elements taken into account in determining this compensation were (i) the key role of the Chairman of the Board of Directors in connection with all the responsibilities that fall upon the Board and its committees as well as the expertise and experience required to carry out these responsibilities and (ii) the analysis, through market studies, of practices relating to compensation paid to non-executive chairmen of CAC 40 companies. There are no plans to allocate any annual variable compensation. The Chairman of the Board of Directors is excluded from all variable compensation systems, including performance share plans or any other long-term compensation components existing in the Company, in accordance with the recommendations of the Code of Corporate Governance There are no plans to allocate any long term cash compensation. The Chairman of the Board of Directors is excluded from all variable compensation systems, including performance share plans or any other long-term compensation components existing in the Company, in accordance with the recommendations of the Code of Corporate Governance. There are no plans to allocate any stock options. The Chairman of the Board of Directors is excluded from all variable compensation systems, including performance share plans or any other long-term compensation components existing in the Company, in accordance with the recommendations of the Code of Corporate Governance. There are no plans to allocate any performance shares. The Chairman of the Board of Directors is excluded from all variable compensation systems, including performance share plans or any other long-term compensation components existing in the Company, in accordance with the recommendations of the Code of Corporate Governance. Nevertheless, he could receive performance shares allocated before February 2018 under the 2015, 2016 and 2017 performance share plans provided that performance criteria are met. There are no plans to allocate securities. The Chairman of the Board of Directors is excluded from all variable compensation systems, including performance share plans or any other long-term compensation components existing in the Company, in accordance with the recommendations of the Code of Corporate Governance. There are no plans to allocate any deferred variable compensation.

Fixed compensation

€625,000

Annual variable compensation

Not applicable

Deferred variable compensation

Not applicable

06

Long-term cash compensation

Not applicable

Stock options: Not applicable

Stock options, performance shares or any other long- term compensation component

Performance shares

Other allocation of securities: Not applicable

Extraordinary compensation

Not applicable There are no plans to allocate an extraordinary compensation.

The Chairman of the Board of Directors does not receive attendance fees in respect of his offices within the Company or its subsidiaries.

Attendance fees

Not applicable

Valuation of all types of benefits

Not applicable

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REGISTRATION DOCUMENT 2017 - LEGRAND