SOMFY // 2022 Annual Report

06 PARENT COMPANY FINANCIAL STATEMENTS

TAX CONSOLIDATION NOTE 4.2

List of companies included in tax consolidation SOMFY SA Parent company

The tax consolidation agreement signed between SOMFY SA and its direct and indirect subsidiaries was renewed on 1 January 2013 for an indefinite period of time. In accordance with the agreement, the difference calculated between the income tax chargeable on the combined profits of the tax consolidation and the sum of the Group companies’ individual tax charges is credited to SOMFY SA, the Group’s parent company. At 31 December 2022, tax savings resulting from the transfer of losses from subsidiaries are considered to be tax income. Should a subsidiary cease to be a member of the tax consolidation, it will be compensated by SOMFY SA in accordance with a jointly agreed exit methodology, taking account of the situation at that date.

Cluses Cluses

SOMFY ACTIVITÉS SA

Simu CMC

Arc-les-Gray

Cluses Rumilly

Domis SA

Automatismes BFT France

Saint-Priest Épagny Metz-Tessy

Overkiz

SOMFY Protect by Myfox

Labège

Currently there are no available Group tax losses to be used.

NET PROFIT NOTE 5 — Net profit totalled €225.5 million.

NON-CURRENT ASSETS NOTE 6 — GROSS NON-CURRENT ASSETS NOTE 6.1

Gross value 31/12/21

Increase Decrease

Merger movements

Other movements

Gross value 31/12/22

€ thousands

Intangible assets

215

- -

- -

- - - - - -

- - -

215

Property, plant and equipment

2

2

Financial assets

461,767 444,346 12,783

150,679 118,001 26,683

-6,501

605,945 566,130 29,182

Equity investments*

-

3,784 -3,784

Receivables from equity investments**

-6,500

Other financial assets 10,634 * Increases consist of increases in the share capital of SOMFY Italia (€101,000 thousand) and SOMFY Protect by Myfox (€12,000 thousand), the creation of SOMFY FELGUEIRAS (€5,000 thousand) and the capitalisation of receivables from SOMFY Brasil (€3,784 thousand). ** Movements in receivables from equity investments is linked to the refunding or granting of financial advances made to certain subsidiaries (including a loan to SOMFY Italia for €24.7 million). It should be noted that the value of the equity investment in the jointly controlled entity Dooya, indirectly held by SOMFY SA, stood at €126,956 thousand at 31 December 2022. 4,639 5,995 -1 -

AMORTISATION AND DEPRECIATION NOTE 6.2

Amount at 31/12/21

Charges

Reversals

Merger movements

Other movements

Amount at 31/12/22

€ thousands

Intangible assets

214 214

- - - -

- - - -

- - - -

- - - -

214 214

Concessions, patents and licences Property, plant and equipment

2

2

216

216

143

SOMFY – ANNUAL REPORT 2022