SOMFY - Half-Year Financial 2020

02 2020 CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS

NOTES TOTHECONSOLIDATEDFINANCIALSTATEMENTS

HIGHLIGHTS NOTE 1 15

24

DIVIDENDS AND EARNINGS NOTE 7 PER SHARE

Note 1.1 15 Note 1.2 16 Note 1.3 16 Note 1.4 16

Covid-19 health crisis

Note 7.1 24 Note 7.2 24

Dividends

New organisational structure

Earnings per share

Changes to the consolidation scope

Contingent liabilities

FINANCIAL ITEMS NOTE 8 25

POST BALANCE-SHEET EVENT NOTE 2 16 ACCOUNTING RULES AND NOTE 3 METHODS 16 Compliance with accounting standards Note 3.1 16 Judgements and estimates Note 3.2 17 New applicable standards and interpretations Note 3.3 17 Seasonality Note 3.4 18 SEGMENT REPORTING NOTE 4 18 PERFORMANCE-RELATED DATA NOTE 5 19 Sales by customer location Note 5.1 19 Other operating income and expenses Note 5.2 19 Alternative performance measures Note 5.3 19 Inventories Note 5.4 20 Other non-current and current receivables Note 5.5 20

Note 8.1 25 Note 8.2 25

Net financial income/(expense) Financial assets and liabilities

27

ANALYSIS OF CASH FLOW NOTE 9 STATEMENT

Note 9.1 27 Note 9.2 27

Cash and cash equivalents

Change in working capital requirements

27

PROVISIONS AND CONTINGENT NOTE 10 LIABILITIES

Note 10.1 27 Note 10.2 28

Provisions

Contingent liabilities

WORKFORCE NOTE 11 28 INCOME TAX NOTE 12 28

29

INVESTMENTS IN ASSOCIATES NOTE 13 AND JOINT VENTURES AND RELATED PARTIES

21

INTANGIBLE ASSETS AND NOTE 6 PROPERTY, PLANT AND EQUIPMENT

Note 13.1 29 Note 13.2 29

Investments in associates and joint ventures

Related parties

Note 6.1 21 Note 6.2 22 Note 6.3 23

Goodwill and impairment test

Other intangible assets

LIST OF CONSOLIDATED ENTITIES NOTE 14 30

Property, plant and equipment

14

SOMFY – HALF-YEAR FINANCIAL REPORT 2020