SOMFY - Annual Financial Report 2020

04 REPORT ON CORPORATE GOVERNANCE

Chairman of the Management Board

Member of the Management Board

Chairman of the Supervisory Board

2018 financial year

Remuneration as executive corporate officer

– – – –

1,040,192

666,580

96,025

Ratio to average employee salary Ratio to median employee salary

2.57 2.42

1.65 1.55

0.24 0.22

Annual change in executive corporate officer’s remuneration Annual change in average salary of non-corporate officer employees Average salary of non-corporate officer employees

-13.6%

-33.0%

22.2%

–

6.2%

6.2%

6.2%

404,577 429,716 -11.0%

– – –

– – –

– – –

Median salary of non-corporate officer employees

Annual change in company performance: consolidated net profit Annual change in company performance: consolidated current operating result

1.8%

–

–

–

Chairman of the Management Board

Member of the Management Board

Chairman of the Supervisory Board

2017 financial year

Remuneration as executive corporate officer

– – – –

1,203,993

994,566

78,600

Ratio to average employee salary Ratio to median employee salary

3.16 3.16

2.61 2.61

0.21 0.21 0.0%

Annual change in executive corporate officer’s remuneration Annual change in average salary of non-corporate officer employees Average salary of non-corporate officer employees

44.6%

63.9%

–

18.4%

18.4%

18.4%

380,906 380,906

– – –

– – –

– – –

Median salary of non-corporate officer employees

Annual change in company performance: consolidated net profit Annual change in company performance: consolidated current operating result

10.1%

-5.2%

–

–

–

Chairman of the Management Board

Member of the Management Board

Chairman of the Supervisory Board

2016 financial year

Remuneration as executive corporate officer

– – – –

832,574

606,643

78,600

Ratio to average employee salary Ratio to median employee salary

2.59 2.24 2.4%

1.89 1.63

0.24 0.21 1.3%

Annual change in executive corporate officer’s remuneration Annual change in average salary of non-corporate officer employees Average salary of non-corporate officer employees

28.6%

–

2.4%

2.4%

2.4%

321,703 371,594 -13.0%

– – –

– – –

– – –

Median salary of non-corporate officer employees

Annual change in company performance: consolidated net profit Annual change in company performance: consolidated current operating result

7.3%

–

–

–

93

SOMFY – ANNUAL FINANCIAL REPORT 2020