SOMFY - Annual Financial Report 2020

04 REPORT ON CORPORATE GOVERNANCE

COMPOSITION OF THE SUPERVISORY BOARD

At the date of preparation of this document, the Somfy SA Supervisory Board consisted of nine members, including a member representing employees:

Name

Position Age Nationality Date appointed Date term ends

Audit Committee

Remuneration Committee

Member of the Supervisory Board: 15 May 2012 Chairman of the Supervisory Board: 16 May 2013

Chairman Independent member

Michel Rollier

76

French

2022 AGM

–

Chairman

Victor Despature

Vice-Chairman 71

French

15 May 2007

2021 AGM Chairman

Member

Independent member

Paule Cellard

65

French

16 May 2013

2021 AGM Member

–

Anthony Stahl

Member

47

French

28 June 2002

2023 AGM

–

–

Marie Bavarel-Despature

Member

40 French-Swiss

17 May 2017

2024 AGM

–

–

Independent member Independent member Independent member Member representing employees

Sophie Desormière

54

French

17 May 2017

2021 AGM

–

–

Florence Noblot

57

French

17 May 2017

2021 AGM

–

–

Bertrand Parmentier

65

French

24 June 2020

2024 AGM Member

_

Arthur Watin-Augouard

40

French 17 September 2020 16 September 2024

–

–

Equal representation of men and women on the Board

Relevant expertise and experience are detailed in the section “Expertise and experience of the members of the Supervisory Board”. During the financial year, the composition of the Board changed as follows: Bertrand Parmentier was appointed as a member of the Supervisory Board for a term of four years by the Annual General Meeting of 24 June 2020, to expire at the end of the General Meeting to be held in 2024 to approve the financial statements for the year then ended, and Arthur Watin-Augouard was appointed on 17 September 2020 by the Group Committee as a member of the Supervisory Board representing employees for a term of four years, to expire on 16 September 2024, as noted by the Supervisory Board meeting of 19 November 2020. It is also specified that the term of office of Victor Despature as a member of the Supervisory Board was renewed for a term of one year by the Annual General Meeting of 24 June 2020, to expire at the end of the General Meeting to be held in 2021 to approve the financial statements for the financial year then ended, and that the term of office of Marie Bavarel-Despature as a member of the Supervisory Board was renewed for a term of four years by the Annual General Meeting of 24 June 2020, to expire at the end of the General Meeting to be held in 2024 to approve the financial statements for the financial year then ended.

To date, excluding the member representing employees on the Board (who must not be taken into account when assessing gender parity – Commercial Code, Article L. 225-79-2 II paragraph 2 and L. 225-79 paragraph 3), the Board comprises eight members, including four women, meaning there is no gender imbalance within the Board. As such, the company complies with the legal provisions regarding gender equality namely, given the size of the Board, a maximum difference of two between the number of members of each gender. Self-assessment of the Supervisory Board During the financial year 2020, an update on the assessment of the operation and the work of the Board and its Audit and Remuneration Committees was carried out at the Supervisory Board meeting of 9 September 2020. It highlighted overall satisfaction and some areas for improvement, which were also discussed on 9 July 2020 between the Chairman and members of the Supervisory Board with no members of the Management Board present. It was agreed to take these findings into account in the future.

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SOMFY – ANNUAL FINANCIAL REPORT 2020