SOMFY - Annual financial report 2019

04 MANAGEMENT BOARDMANAGEMENT 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 AGMs

% of voting rights at General Meetings

Shareholding structure at 31/12/19

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

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

61.39% 38,960,680 10.39% 6,591,720 5.21% 3,307,750 4.89% 3,104,381 1.02% 647,502 82.90% 52,612,033

64.03% 10.83%

3,376,695 1,653,875 1,557,321

9.13% 6,591,720 4.47% 3,307,750 4.21% 3,104,381

Compagnie Financière Industrielle***

5.44% 5.10% 1.06%

Despature family and others

Manacor Dev Pte Ltd

647,502

1.75%

647,502

TOTAL SHAREHOLDERS’ CONCERT

26,715,733 72.20% 52,612,033

86.46%

Treasury shares

2,616,647

7.07% 2,616,647

4.12%

–

–

Other holders of registered and bearer shares

7,667,620 20.72% 8,237,849

12.98% 8,237,849

13.54%

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 January 2020, Silchester International Investors, acting on behalf of funds under its management, declared that on 21 January 2020 it had a holding of 2,409,859 shares representing 6.51% 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 2019 financial year, if any, are described below in the paragraph “Disclosure of shareholding threshold crossings pursuant to Article L. 233-7 of the Commercial Code”. RECIPROCAL HOLDINGS (ARTICLES L. 233-29 AND 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 2019, the shares held by employees via the Somfy FCPE (investment fund) or directly in registered form following a free share allocation under Article L. 225-197-1 of the Commercial Code (authorised subsequent to 6 August 2015) totalled 328,530 Somfy shares, representing 0.89% of the share capital. 37,000,000 100.00% 63,466,529 100.00% 60,849,882

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SOMFY – ANNUAL FINANCIAL REPORT 2019