SOMFY // 2022 Annual Report

05 CONSOLIDATED FINANCIAL STATEMENTS

EQUITY AND EARNINGS PER SHARE NOTE 6 — EQUITY NOTE 6.1

The voting right attached to shares is proportionalto the capital that they represent. Each share carries the right toa single vote. Certain shares are entitled to a double voting right, providing they are fully paid up and have been registered in nominative form for at least four years in the name of the same shareholder at the end of the calendar year preceding each General Meeting.

Transactions between shareholders Note 6.1.1

In the event of acquisition of additional interests in a subsidiary, the difference between the price paid and the book value of non-controlling interests acquired and any related acquisition costs is recognised as a reduction of the Group’s consolidated shareholders’ equity, and vice versa in case of disposal of interests without loss of control.

EARNINGS PER SHARE NOTE 6.2

Accounting principle Note 6.2.1

Net earnings per share is calculated by dividing the net profit for the financial period by the average number of shares in issue over the period net of treasury shares held. Only treasury shares held by the Group and allocated at the closing to stock options plans or free shares allocations guarantee a dilutive effect on the calculation of diluted earnings per share. The Group has not issued any securities giving future access to capital.

Treasury shares Note 6.1.2

The Group holds treasury shares for the following purposes: – to stimulate the secondary market or ensure the liquidity of the SOMFY SA share, by way of an investment service provider within a liquidity contract that complies with practices recognised by regulations; – to retain the shares purchased and subsequently exchange them or use them as payment within the framework of potential mergers, demergers, contributions and acquisitions; – to ensure the coverage of stock option plans and/or free share allocation plans (or similar) granted to employees and/or corporate officers of the Group, including related economic interest groups and companies, as well as all other shares allocated under a company or group savings scheme (or similar), in relation to employee profit-sharing and/or any other form of allocation to employees and/or corporate officers of the Group, including related economic interest groups and companies; – to cover marketable securities giving right to the allocation of shares in the company, in accordance with current regulations; – to proceed with the possible cancellation of shares acquired. Treasury shares directly held by the Group or through a liquidity contract are recognised as a reduction from equity. On their disposal, the consideration received for the disposal of treasury shares is directly recognised as an increase of Group equity, no gain or loss is thus recognised in net profit/loss for the financial year.

Detailed information Note 6.2.2

Basic earnings per share Net profit - Group share (€ thousands) Total number of shares (1) Treasury shares* (2) Number of shares used in calculation (1) – (2)

31/12/22 31/12/21

237,003

258,049

37,000,000 37,000,000 2,547,558 2,560,045

34,452,442 34,439,955

BASIC EARNINGS PER SHARE (€)

6.88

7.49

* Representing all treasury shares held by SOMFY SA.

31/12/22 31/12/21

Diluted earnings per share Net profit - Group share (€ thousands) Total number of shares (1) Treasury shares** (2) Number of shares used in calculation (1) – (2) DILUTED EARNINGS PER SHARE (€) ** Free shares are excluded.

237,003

258,049

37,000,000 37,000,000 2,476,042 2,497,483

Proposed dividends Note 6.1.3

34,523,958 34,502,517

31/12/22 31/12/21 37,000,000 37,000,000 2,547,558 2,560,045

6.86

7.48

Total number of shares

Treasury shares

Par value

€0.20 €3.90

€0.20 €2.15

Diluted earnings per share take into account shares allocated free of charge in determining the “number of shares used in calculation”.

Proposed ordinary dividend Proposed exceptional dividend

€17.00

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SOMFY – ANNUAL REPORT 2022