LEGRAND_REGISTRATION_DOCUMENT_2017

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APPENDIX Appendix 1

During 2017, transactions under the liquidity contract led to a cash inflow of €1,850,895 corresponding to net sales of 20,433 shares.

Cash and short-term investments held in the liquidity account amounted to €20,390,348 as of December 31, 2017, recorded under “Other long-term receivables”. Details of shares purchased for allocation to employees are provided in note 4 on marketable securities.

R NOTE 3 – RECEIVABLES

Current receivables are as follows:

Cost

Maturity

December 31, 2017 (in € thousands)

Net value

Within one year

Beyond one year

Trade account receivables

5,890

5,890

Prepaid and recoverable taxes

11,344

11,344

Recoverable value-added tax

595

595

Group relief receivables

7,242

7,242

Other receivables

24,945

24,945

TOTAL AT THE END OF THE PERIOD

50,016

50,016

0

TOTAL AT THE BEGINNING OF THE PERIOD

16,024

16,024

0

The current account balance of the Company with Legrand France SA stood at €24,942 thousand as of December 31, 2017. This current account is governed by a cash pooling agreement signed with Legrand France SA on January 25, 2006.

R NOTE 4 – MARKETABLE SECURITIES

In 2017 and 2016, this item exclusively comprised Legrand shares purchased for allocation to employees.

December 31, 2017

December 31, 2016

Cost

Impairment

Net

Net

(in € thousands)

Performance share plans

238

0

238

238

TOTAL

238

0

238

238

Details of the objectives and terms of the current share buyback program, which represents a maximum of €1 billion, are provided in the program description published on May 31, 2017. A breakdown of shares held in treasury for allocation to employees is provided in note 6.1.

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REGISTRATION DOCUMENT 2017 - LEGRAND