SOMFY - Annual financial report 2018

04 MANAGEMENT BOARD MANAGEMENT REPORT

431 employees taking part in a Solidarity Mission (103 employees from the subsidiaries participating in A House is A Home programme). The number of employees participating in these Solidarity Missions has increased steadily since these actions were launched in July 2012. In addition, making the Foundation’s actions international has been made possible thanks to the very active involvement of Somfy’s subsidiaries. The latter have made both financial and human commitments: organising their HR and legal framework enabling their employees to be involved in solidarity initiatives during working hours. Action to support top athletes Somfy has been a partner of the French Ski Federation and the French Biathlon Team since 2005, and all Nordic Skiing since 2014 (Biathlon, Cross Country, Ski Jumping, Nordic Combined). A committed supporter of sporting initiatives for more than 20 years, the Group also sponsors four talented athletes individually: Martin Fourcade, Anaïs Bescond, Simon Fourcade and Clément Parisse. In 2014, Somfy created Somfy Ski Talents, a sponsorship programme for promising top skiers: Émilien Jacquelin, Enora Latuillière and Antonin Guigonnat. In addition to supporting athletes financially, Somfy offers to help them in the preparation for their transition into, or in finding out about, the business world. Lastly, the Group helps these athletes to build their reputations by passing on their news via our social networks. Somfy employees are also engaged in local and national initiatives, primarily through professional associations but also through local charitable organisations thereby boosting the attractiveness of the local area. Consideration of the impact on neighbouring and resident populations in Haute-Savoie Auvergne-Rhône-Alpes region, in part thanks to its role as a founding member of the Université Savoie Mont Blanc (USMB) Foundation alongside the Assemblée des Pays de Savoie (regional government) and the Université Savoie Mont Blanc Club des Entreprises (Business Club). This selection forms part of the longstanding relationship between the University and Somfy, which has continued since the creation in 1991 of the Club des Entreprises. Somfy is working alongside the University to bring the academic world closer to the business world. As such, as part of this Business Club, the University has links to help identify opportunities for its students who are seeking professional training contracts. This helps them forge strong links with local training and generates a talent pool for the company. This can be seen in particular in Somfy’s presence at “work-placement job dating” events and on work placement events organised by the Business Club. It can also be seen in its presence on the Boards of Directors of training organisations and particularly on the Board of the Polytech Annecy-Chambéry Engineering School which Somfy has chaired since 2012. A new training course was launched at the beginning of the 2018 academic year at Polytech Annecy-Chambéry University: computerised data use. This course is in tune with Somfy’s move towards a connected world. We contributed to setting up the course by active participation in curriculum design and by arguing for its adoption at the Engineering Qualifications Committee. Somfy is heavily involved in competitiveness centres and technology or methodology expertise clusters active in the Arve ENGAGEMENT WITH LOCAL STAKEHOLDERS In order to promote regional development, the Group helps to support higher education and research in the

The same goals lie at the heart of both the A House is A Home and Les Petites Pierres programmes: steadily forging the bonds of humanity that form the basis of a balanced society, developing lasting relationships, and working hand-in-hand with community partners identified as stakeholders and project leaders. This helps promote the values of solidarity within the company. Les Petites Pierres The endowment fund Les Petites Pierres is a digital crowdfunding platform initiated by the Somfy Foundation. It enables anyone to donate to community projects in the area of access to decent housing, with every donation by an individual being matched ( i.e. doubled) by the Somfy Foundation and other partner companies. In 2017, faced with the strong development potential of the crowdfunding approach and ever-increasing challenges in the fight against poor housing, the Somfy Foundation decided to open the Les Petites Pierres endowment fund to allow contributions from other sponsors willing to support and develop the platform’s activities to be included. This enabled Les Petites Pierres, in a spirit of co-construction, to welcome on Board the Schneider Electric Foundation and the BTP Plus Foundation. For 2018, the Somfy Foundation granted funding of €152,218 to Les Petites Pierres endowment fund, including an employer donation of €145,000. In the 2018 financial year, 65 non-profit projects were financially supported by Les Petites Pierres endowment fund of a total of €751,194 awarded to non-profit organisations. In the course of the 2018 financial year, the symbolic milestones of €2 million collected, 11,000 donations and 200 projects financed on Les Petites Pierres platform since it was created were reached. In addition to project funding, non-profit organisations receive assistance with digital skills learning, thereby helping them to leverage their various communities and other partners independently. A House is A Home It is important to promote citizen engagement in those countries in which the Group has a presence and consequently the Somfy Foundation operates internationally. A House is A Home was launched in January 2015. Through this programme, Somfy subsidiaries work alongside the Somfy Foundation. In consultation with the Foundation, subsidiaries identify projects which promote decent living conditions for the most underprivileged, and provide financial support, often topped up by skill-based patronage from their workers. In 2018, seven projects received financial support in collaboration with Somfy subsidiaries. Through its socially-responsible commitment, the Somfy Foundation gives real substance to the values of responsibility, openness and respect of the company. The A House is A Home programme was consolidated in 2017 with the introduction of human philanthropy in certain subsidiaries in addition to the financial support provided. Employee involvement Human philanthropy serves both the A House is A Home and Les Petites Pierres programmes. As part of the Somfy Foundation’s Solidarity Missions , all employees have the opportunity to commit some of their working time, together with the Foundation, to offer their energy and skills to the charitable organisations. In France, in particular, employees have a right to three solidarity days each year . This is part of a people-oriented, pro-bono , sponsorship approach which offers organisations essential support and also creates value for company employees. It has led to the setting up of 59 Solidarity Missions, 25 organisations benefitting from the engagement of Somfy employees and, in 2018, in France,

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SOMFY – ANNUAL FINANCIAL REPORT 2018