Saint-Gobain // Universal Registration Document 2021

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

Performance share plans 12.3 Various performance share plans have been set up by Saint-Gobain since 2009. These plans concern both managerial-grade employees and senior managers of the Group both within and outside France. At December 31, 2021, there were four outstanding performance share plans, approved by the Board of

Directors in 2018, 2019 and 2020 and on November 25, 2021. All plans are subject to service and performance conditions. The vesting period for the plans is four years and the shares will be delivered on the fourth day after the end of the vesting period.

The table below shows changes in the number of performance share rights:

Number of rights

NUMBER OF PERFORMANCE SHARE RIGHTS (NOT YET VESTED) AT DECEMBER 31, 2019

4,927,869 1,268,295 (733,024) (497,306) 4,965,834 1,184,475 (904,712) (324,838)

performance share rights granted in November 2020 ■

shares issued/delivered ■ lapsed and canceled rights ■

NUMBER OF PERFORMANCE SHARE RIGHTS (NOT YET VESTED) AT DECEMBER 31, 2020

performance share rights granted in November 2021 ■

shares issued/delivered ■ lapsed and canceled rights* ■

NUMBER OF PERFORMANCE SHARE RIGHTS (NOT YET VESTED) AT DECEMBER 31, 2021 4,920,759 Rights granted under the 2017 plan including 237,758 rights that lapsed because the performance condition had only been partly met and * 87,080 rights that lapsed after they had been withdrawn.

The following table shows the expected dates when shares under the four performance share plans outstanding at December 31, 2021 will be delivered (except in the case of early release following the grantee’s death or disability, along with the service and performance conditions remaining to be fulfilled):

Performance share plans Information on the number of performance share rights (not yet vested) at December 31, 2021

Number of rights granted at inception of Plan

Outstanding rights at Dec. 31, 2021*

Type of shares existing existing existing existing

Grant date 11/22/2018 11/21/2019 11/26/2020 11/25/2021

Deliveries

11/25/2022 11/24/2023 11/29/2024 11/28/2025

1,219,619 1,251,770 1,268,295 1,184,475 4,924,159

2,500

1,217,119 1,251,270

1,217,119

500

1,251,270

400 1,267,895

1,267,895

0

1,184,475

1,184,475 1,184,475

TOTAL

3,400 4,920,759

1,217,119

1,251,270 1,267,895

Subject to fulfillment of the service and performance conditions applicable to each plan. *

12.4

Performance unit plans

after the grant date), the amount of which will be determined by reference to Saint-Gobain’s share price. No long-term compensation plan in the form of performance units has been set up since 2016, as all beneficiaries received rights to performance shares (see above). As of 2019, there are no more unvested performance unit plans.

Performance unit plans subject to service and performance conditions were set up every year between 2012 and 2015 for certain management-grade employees and senior managers of the Group in France. These plans do not give rise to the delivery of shares, but entitle grantees to receive cash compensation deferred over the long term (exercise period between four and ten years

SAINT-GOBAIN UNIVERSAL REGISTRATION DOCUMENT 2021 352

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