SOMFY - Annual Financial Report 2020

07 LEGAL DOCUMENTS

CLASSIFICATION OF LITIGATIONS AS CONTINGENT LIABILITIES

Risk identified

Our response

The Group has contingent liabilities relating to legal, arbitration or regulatory proceedings arising in the normal course of its business. As specified in notes “2020 highlights”, 1.3 “Judgements and estimates” and 9.2 “Contingent liabilities” to the consolidated financial statements, the Management of your Group exercises its judgement, and uses estimates and assumptions when measuring these risks. Some of these risks are classified as contingent liabilities and, in this regard, no provision has been made for them in the Group’s financial statements. We have considered that the classification of litigations as contingent liabilities is a key audit matter in view of the amounts in question, and the level of judgement required from Management to determine them.

Our work as part of the audit of the Group’s consolidated financial statements specifically consisted of: reviewing the procedures implemented by your Group – to identify and assess these risks; familiarising ourselves with the risk assessment – performed by Management and the corresponding documentation, and reviewing the written consultations provided by external advisers, where applicable; assessing the written confirmations obtained from – your Group’s external advisers; assessing the main risks identified, and reviewing the – assumptions used by Management to classify these risks as contingent liabilities; assessing the appropriateness of the information – presented in notes “2020 highlights”, 1.3 “Judgements and estimates” and 9.2 “Contingent liabilities” to the consolidated financial statements. We were appointed as Statutory Auditors of Somfy SA by your General Meetings of 24 May 2016 for KPMG SA and 12 May 2010 for ERNST & YOUNG et Autres. At 31 December 2020, KPMG SA was in its fifth year of uninterrupted engagement and ERNST & YOUNG et Autres in its eleventh year. Previously, ERNST & YOUNG Audit had been Statutory Auditor from 1993. RESPONSIBILITIES OF MANAGEMENT AND INDIVIDUALS IN CHARGE OF CORPORATE GOVERNANCE IN RELATION TO THE CONSOLIDATED FINANCIAL STATEMENTS — Management is responsible for the preparation and fair presentation of the consolidated financial statements in accordance with International Financial Reporting Standards as adopted by the European Union, and for such internal control as Management determines is necessary to enable the preparation of consolidated financial statements that are free from material misstatement, whether due to fraud or error. In preparing the consolidated financial statements, Management is responsible for assessing the company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless it is expected to liquidate the company or to cease its operations. The Audit Committee is responsible for monitoring the financial reporting process and the effectiveness of internal control and risks management systems and, where applicable, its internal audit, regarding the accounting and financial reporting procedures. The consolidated financial statements have been prepared by the Management Board. APPOINTMENT OF THE STATUTORY AUDITORS

SPECIFIC VERIFICATIONS —

In accordance with the professional standards applicable in France, we have also performed the specific verifications required by law and regulations on the information relating to the Group given in the Management Board’s management report. We have no observation to make with regard to the fairness of such information and its consistency with the consolidated financial statements. We certify that the consolidated non-financial statement provided for by Article L. 225-102-1 of the Commercial Code is included in the information relating to the Group given in the management report, it being specified that in accordance with the provisions of Article L. 823-10 of said Code, we have verified neither the fair presentation nor the consistency with the consolidated financial statements of the information contained in this statement which has to be subject to a report by an Independent Third Party. OTHER VERIFICATION OR INFORMATION PROVIDED FOR BY LEGAL AND REGULATORY REQUIREMENTS — FORMAT OF PRESENTATION OF THE CONSOLIDATED FINANCIAL STATEMENTS INTENDED TO BE INCLUDED IN THE ANNUAL FINANCIAL REPORT In accordance with paragraph III of Article 222-3 of the AMF general regulations, the company’s Management informed us on its decision to postpone the presentation of the consolidated financial statements in compliance with the European single electronic format as defined in the European delegated regulation n°2019/815 of 17 December 2018 to financial years beginning on or after 1 January 2021. Therefore, this report does not include a conclusion on the compliance with this format of the presentation of the consolidated financial statements intended to be included in the Annual Financial Report mentioned in paragraph I of Article L. 451-1-2 of the Monetary and Financial Code.

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SOMFY – ANNUAL FINANCIAL REPORT 2020