Saint-Gobain // Universal Registration Document 2021

Financial and accounting information 2021 Consolidated Financial Statements

Earnings per share 11.2 Basic earnings per share 11.2.1 Basic earnings per share are calculated by dividing net income by the weighted average number of shares of the Group outstanding during the period. Basic earnings per share are as follows:

2021 2,521

2020

Group share of net income (in EUR millions) Weighted average number of shares in issue

456

526,244,506

536,452,195

BASIC EARNINGS (LOSS) PER SHARE, GROUP SHARE ( in EUR )

4.79

0.85

Diluted earnings per share 11.2.2 Diluted earnings per share are calculated by adjusting earnings per share and the average number of shares outstanding for the effects of all potential dilutive common shares, such as stock options and performance shares. Diluted earnings per share are as follows:

2021 2,521

2020

Group share of net income (in EUR millions)

456

Weighted average number of shares assuming full dilution DILUTED EARNINGS (LOSS) PER SHARE, GROUP SHARE ( in EUR )

529,905,261

539,325,415

4.76

0.85

The weighted average number of shares assuming full dilution is calculated based on the weighted average number of shares outstanding, assuming conversion of all dilutive instruments. The Group’s dilutive instruments include stock options and performance share grants, corresponding to a weighted average of 170,339 and 3,490,416 instruments, respectively, at December 31, 2021.

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