SOMFY - Annual financial report 2019

10 RECENT EVENTS SINCE 2 MARCH 2020

10

RECENT EVENTS SINCE 2 MARCH 2020

PRESS RELEASE OF 23 MARCH 2020

compatible. These measures provide as much continuity of service as possible for the Group's consumers, customers, and service providers. The Group's priorities today are to ensure everyone's health as well as to continue following commitments to customers.

COVID-19: SOMFY TEMPORARILY HALTS PRODUCTION AT ITS FRENCH, ITALIAN, AND TUNISIAN SITES — Somfy announces the temporary suspension of operations at its French, Italian and Tunisian production sites, as well as the temporary suspension of operations at its Bonneville logistics site in France. This suspension reflects the Group's desire to protect employee health in the current Covid-19 context as well as to respect measures taken by local authorities for the sites affected. The suspension will enable the Group to reinforce health measures already in place at these production sites and guarantee Somfy

PRESS RELEASE OF 7 APRIL 2020

POSTPONEMENT OF THE ANNUAL GENERAL MEETING — As a result of the ongoing health crisis, the Management Board met today under the chairmanship of Jean Guillaume Despature and decided to postpone the General Meeting of shareholders, initially scheduled for 13 May, until 24 June 2020. The Management Board would like to specify that, given the current situation, it reserves the right to review the dividend amount to be paid out in respect of the 2019 financial year, which was announced on 4 March upon publication of the annual results. The Management Board would also like to inform shareholders that it will publish a press release at a later date to set out the arrangements for holding the General Meeting and providing the preparatory documents for said Meeting, and to give details of the proposed distribution of dividends.

employees a safe working environment. The sites affected by the interruption are: Production site in Cluses, France – BFT and Way production sites in Italy – Sitem production site in Tunisia – Logistics site in Bonneville, France –

To date, all other production sites in China and Poland remain operational. An assessment of the situation at each production site is being carried out daily. Somfy Group's main services are operational, thanks to remote working policies set up for all employees whose jobs are

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SOMFY – ANNUAL FINANCIAL REPORT 2019