SOMFY - Annual Financial Report 2020

02

MANAGEMENT BOARD MANAGEMENT REPORT

Highlights of the year 20 Presentation of financial statements 22

Stock market performance 23 Post-balance sheet events 23 Outlook 24 Risk management and internal control 25 Non-financial statement 31 Information on research and development activities 31 List of existing branches 32 Value of intercompany loans granted 32 Information on payment terms 32 Information on the distribution of share capital and holdings 33 Information on transactions performed by Directors during the financial year 35 Approval of the parent company and consolidated financial statements for the year ended 31 December 2020 36 Information on non-deductible charges 36 Allocation of net profit 36 Combined General Meeting of 2 June 2021 36 Appendix: Somfy SA financial results for the last five years 42

19

SOMFY – ANNUAL FINANCIAL REPORT 2020