SOMFY - Annual Financial Report 2020

02 MANAGEMENT BOARD MANAGEMENT REPORT

INFORMATION ON THE DISTRIBUTION OF SHARE CAPITAL AND HOLDINGS

DISTRIBUTION OF SHARE CAPITAL (ARTICLE L. 233-13 OF THE COMMERCIAL CODE) — To the best of the company’s knowledge, the distribution of share capital and voting rights is as follows:

Number of shares

% share capital

Theoretical voting rights

% theoretical voting rights

Voting rights at General Meetings

% voting rights at General Meetings

Shareholding structure at 31/12/20

J.P.J.S. SCA* J.P.J.2 SA**

19,480,340 52.65% 38,960,680

61.33% 38,960,680 10.50% 6,669,055 5.21% 3,307,750 4.90% 3,112,533 0.88% 560,000 82.82% 52,610,018

63.96% 10.95%

3,409,030 1,653,875 1,565,268

9.21% 6,669,055 4.47% 3,307,750 4.23% 3,112,533

Compagnie Financière industrielle***

5.43% 5.11% 0.92%

Despature family and others

Manacor Dev Pte Ltd

560,000

1.51%

560,000

TOTAL SHAREHOLDERS’ AGREEMENT

26,668,513 72.08% 52,610,018

86.37%

Treasury shares

2,616,125

7.07% 2,616,125

4.12%

–

–

Other holders of registered and bearer shares

7,715,362 20.85% 8,300,899

13.07% 8,300,899

13.63%

TOTAL 100.00% Limited partnership with share capital (registered office: 160 boulevard de Fourmies, 59100 Roubaix) controlled by Paul Georges Despature and his * children Alexis Despature, Jean Guillaume Despature (Chairman of the Management Board of Somfy SA) and Marie Bavarel-Despature (member of the Supervisory Board of Somfy SA). Limited company (registered office: 29 route de l’aéroport, 1215 Geneva 15, Switzerland) controlled by Paul Georges Despature and his children ** Alexis Despature, Jean Guillaume Despature (Chairman of the Management Board of Somfy SA) and Marie Bavarel-Despature (member of the Supervisory Board of Somfy SA). Limited company incorporated in Luxembourg (registered office: 15, boulevard Roosevelt, L-2450 Luxembourg, Grand Duchy of Luxembourg) *** controlled by Patrick Despature. In August 2020, Silchester International Investors, acting on behalf of funds under its management, declared that on 17 August 2020 it had a holding of 2,218,315 shares representing 6.00% of the share capital of Somfy SA. Due to the lack of disclosure regarding the attainment of upward or downward threshold crossings, this company is still presumed to hold between 5% and 10% of Somfy SA’s share capital. To the best of the company’s knowledge and at the date of preparation of this document, no shareholder other than those mentioned above holds, directly or indirectly, alone or in concert with others, more than 5% of the share capital or voting rights of the company. Changes to this list during the 2020 financial year, if any, are described below in the section “Disclosure of shareholding threshold crossings pursuant to Article L. 233-7 of the Commercial Code”. RECIPROCAL HOLDINGS (ARTICLES L. 233-29 ET R. 233-19 OF THE COMMERCIAL CODE) — There were no reciprocal holdings as defined by current regulations at the date of preparation of this report. EMPLOYEE SHAREHOLDING (ARTICLE L. 225-102 OF THE COMMERCIAL CODE) — At 31 December 2020, the shares held by employees via the Somfy FCPE (investment fund) or directly in registered form following a free share allocation under Article L. 22-10-59 of the Commercial Code (authorised subsequent to 6 August 2015) totalled 300,796 Somfy shares, representing 0.81% of the share capital. 37,000,000 100.00% 63,527,042 100.00% 60,910,917

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SOMFY – ANNUAL FINANCIAL REPORT 2020