Saint-Gobain // Universal Registration Document 2021

Financial and accounting information Compagnie de Saint-Gobain 2021 annual financial statements (parent company)

For all of the plans, beneficiaries must wait at least four years from the grant date to exercise any options. None of the options received may be exercised until this four-year period has lapsed. Options must be exercised within 10 years of the grant date. Except in specified circumstances, grantees forfeit these options if they leave the Group. Among the plans outstanding at December 31, 2021, the 2012 plan offers subscription options, while the 2013, 2015, 2016 and 2017 plans offer purchase options. For plans

launched in 2018, the Board of Directors has decided that it would determine the type of option (subscription or purchase) at the latest on the day before the start of the exercise period, with any options exercised prior to such decision considered as subscription options. Since 2009, a performance condition has applied for all grantees in plans. No new stock option plans have been launched since 2019.

The following table presents changes in the number of outstanding options:

€4 par value exercise shares

Average exercise (in EUR)

OPTIONS OUTSTANDING AT DECEMBER 31, 2019

1,057,522

40.12

Options granted Options exercised Options forfeited Options granted Options exercised Options forfeited*

0 0

- -

(212,998) 844,524

40.43 40.04

OPTIONS OUTSTANDING AT DECEMBER 31, 2020

0

-

(151,173) (83,875) 609,476

38.59 49.38

OPTIONS OUTSTANDING AT DECEMBER 31, 2021 39.11 Including 66,875 options granted in 2017 that lapsed because the performance conditions were not met, and 17,000 options relating to rights * under said plan that were withdrawn.

The table below summarizes information about stock options outstanding at December 31, 2021, after taking into account partial fulfillment of the performance criteria attached to certain plans:

Total outstanding options

Exercisable options

Non-exercisable options

Weighted ave. residual life (in months)

Exercise price (in EUR)

Exercise price (in EUR)

Number of options

Number of options

Number of options

Type of option

Grant date

2012 2013 2014 2015 2016 2017 2018

27.71

5,432

11

- - - - - -

- - - - - -

5,432 Subscription

38.80 34.13 39.47 40.43 49.38

36,707

23 35 47 59

36,707

Purchase Purchase Purchase

-

-

38,018 45,244 193,575

38,018

45,244 Purchase

71

193,575

Purchase

8

- -

-

83

32.24

290,500 290,500 See 12.2 above

TOTAL

318,976

-

-

290,500 609,476

-

At December 31, 2021, 318,976 stock options were exercisable (at an average exercise price of €45.34) and 290,500 options (with an average exercise price of €32.24) had not yet vested.

SAINT-GOBAIN UNIVERSAL REGISTRATION DOCUMENT 2021 351