SOMFY - Annual financial report 2019

05 REPORT ON CORPORATE GOVERNANCE

08 PARENT COMPANY FINANCIAL STATEMENTS Income statement for the year ended 31 December 2019

Corporate governance 50 Information on remuneration 57 Information on elements liable to have an impact in the event of a public offering 70 Observations of the Supervisory Board on the Management Board’s management report and the financial statements for the year just ended 71 06 SOMFY SA FINANCIAL RESULTS FOR THE LAST FIVE YEARS 07 CONSOLIDATED FINANCIAL STATEMENTS Key figures 76 2019 highlights 79 Post-balance sheet event 80 Consolidated income statement 81 Consolidated statement of comprehensive income 82 Consolidated balance sheet - Assets 83 Consolidated balance sheet - Equity and liabilities 84 Consolidated statement of changes in equity 85 Consolidated cash flow statement 86 Notes to the consolidated financial statements 87 74

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Balance sheet at 31 December 2019 131 Proposed allocation of 2019 profit 131 Notes to the Somfy SA financial statements 132

09 LEGAL DOCUMENTS

Statutory Auditors’ report on the parent company financial statements Statutory Auditors’ special report on regulated agreements Statutory Auditors’ report on the consolidated financial statements Independent Third-Party Body’s report on the consolidated Non-Financial Statement Statutory Auditors’ report on the share capital reduction Draft resolutions to the Combined General Meeting of 13 May 2020 Statement of the person responsible for the Annual Financial Report

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10 RECENT EVENTS SINCE 2 MARCH 2020

Press release of 23 March 2020 166 Press release of 7 April 2020 166

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SOMFY – ANNUAL FINANCIAL REPORT 2019