SOMFY // 2022 Annual Report

07 LEGAL DOCUMENTS

STATUTORY AUDITORS’ REPORT ON THE CONSOLIDATED FINANCIAL STATEMENTS

deduction of disposal costs, and its value in use. If the recoverable amount exceeds the net book value of the shareholding at year-end, no impairment is recognised. However, if this amount is lower than the net book value, an impairment loss equal to the difference is recognised. The work of audit teams notably consisted of, with the support of our valuation specialists: – reviewing the procedures for implementing the impairment test in relation to the shareholding in the Dooya company; – assessing the consistency of the assumptions in relation to the historic performances and operating budgets approved by the Board of Directors of Dooya, incorporating growth forecasts for subsequent years; – performing sensitivity analyses on impairment tests, comparing the recoverable amount of the shareholding in the Dooya company with the net book value; – assessing the appropriateness of the information provided in the financial statements. SPECIFIC VERIFICATIONS — In accordance with the professional standards applicable in France, we have also performed the specific verifications required by law and regulations on the information relating to the Group given in the Board of Directors’ management report. We have no observation to make with regard to the fairness of such information and its consistency with the consolidated financial statements. We certify that the consolidated non-financial statement provided for by Article L. 225-102-1 of the Commercial Code is included in the Group’s management report, it being specified that in accordance with the provisions of Article L. 823-10 of said Code, we have verified neither the fair presentation nor the consistency with the consolidated financial statements of the information contained in this statement which has to be subject to a report by an Independent Third Party. RESPONSIBILITY OF MANAGEMENT AND INDIVIDUALS IN CHARGE OF CORPORATE GOVERNANCE IN RELATION TO THE CONSOLIDATED FINANCIAL STATEMENTS — Management is responsible for the preparation and fair presentation of the consolidated financial statements in accordance with International Financial reporting Standards as adopted by the European Union, and for such internal control as Management determines is necessary to enable the preparation of consolidated financial statements that are free from material misstatement, whether due to fraud or error. In preparing the consolidated financial statements, Management is responsible for assessing the company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless it is expected toliquidate the company or to cease its operations. The consolidated financial statements have been prepared by the Board of Directors.

To the General Meeting of SOMFY SA,

OPINION —

In compliancewith the engagemententrustedto us by your General Meeting, we have audited the accompanyingconsolidatedfinancial statements of SOMFY SA for the year ended 31 December 2022. In our opinion, the consolidated financial statements provide a true and fair view of the assets and liabilities and of the financial position of the Group at 31 December 2022 and of the results of its operations for the year then ended in accordance with International Financial reporting Standards as adopted by the European Union. BASIS FOR OPINION — AUDIT FRAMEWORK We have performed our audit in accordance with professional standards applicable in France. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Our responsibilities under those standards are further described herein in the section “Statutory Auditors’ responsibilities for the audit of the consolidated financial statements” of this report. We have conducted our audit engagement in compliance with the independence rules set out by the Commercial Code and the Code of Ethics for Statutory Auditors, for the period from 1 January 2022 to the date of our report. JUSTIFICATION OF ASSESSMENTS — In accordance with the requirements of Articles L. 823-9 and R. 823-7 of the Commercial Code relating to the justification of our assessments, we inform you of the following assessments which, in our professional judgement, were of most significance in our audit of the consolidated financial statements for the year just ended. These matters were addressed in the context of our audit of the consolidated financial statements as a whole, and in forming our opinion thereon. Accordingly, we do not provide any opinion on specific items of the consolidated financial statements. At 31 December 2022, the jointly controlled shareholding in the Dooya company was valued at €192.4 million, as specified in note 13.1 “Investments in associates and joint ventures” to the consolidated financial statements. At the balance sheet date, in accordance with the same procedures as in previous financial years, your Group reassessed the value of this jointly controlled shareholding, in accordance with the policies described in note 13.1 to the consolidated financial statements. The impairment test involves comparing the recoverable amount of this shareholding with its book value. The recoverable amount of a shareholding is measured at the higher of its fair value, after INDEPENDENCE

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SOMFY – ANNUAL REPORT 2022