SOMFY // 2022 Annual Report

03 NON-FINANCIAL STATEMENT

PUTTING BUSINESS ETHICS INTO PRACTICE

PROMOTING THE GROUP’S CODE OF ETHICS

Since 2015, SOMFY has had a Code of Ethics that provides guidelines for individual and collective behaviour. Updated in 2021, this document is a framework that guides employees in their daily actions and decision-making. This Code is systematically provided to every employee joining the Group and is available on the Group’s website and intranet in 23 languages. The Ethics Committee, supported by the Audit and Risk Committee and General Management, ensures a collective vision of ethics and monitors the application of the principles outlined in the Code. In 2022, an e-learning module was deployed to all connected people to remind them of the importance of ethics, and to make it an open subject known to all. This module was taken by 81.1% of the target group. A whistleblowing system is also in place, notably via a platform that can be easily accessed by a QR code, allowing the reporting of any behaviour in breach of the Code of Ethics, in a confidential and secure manner. A specific procedure, formally set out in 23 languages, presents this system and the conditions of its use. The Group’s approach to human rights is based on three principles: – full compliance and application of the laws of the countries in which it operates; – support and promote human rights at all its operational sites and subsidiaries; – support human rights beyond its own operations and leverage its extensive network of partners and stakeholders to promote measures to ensure respect for human rights. The Group adheres to the following principles and guidelines: – the ILO Declaration on Fundamental Principles and Rights at Work; – the international human rights principles enshrined in the Universal Declaration of Human Rights, which sets a common standard for all types of organisations; –the OECD Guidelines for Multinational Enterprises, which provide recommendations for companies, including on human rights. In 2021, SOMFY decided to join the UN Global Compact. RESPECT FOR HUMAN RIGHTS

The indicator used to monitor the performance of the ethics mechanism is the number of ethics alerts reported to the Committee, which was 15 in 2022 (against 11 in 2021 and 5 in 2020). This figure, which has increased slightly, can be explained in particular by the increased communication about the existence of the whistleblowing system. Out of the 15 reports received, 10 were closed at 31 December 2022. Since 2021, a new indicator has been calculated: the percentage of connected employees who have taken at least one training course related to ethics and compliance over the last two years. At 31 December 2022, this indicator reached 86.4% of the employees present in the Group at that date, i.e. 3,843 people (compared with 657 in 2021). Beyond this rate, the objective is to keep the number of trained employees at around 3,000 to ensure that this knowledge is regularly updated. The strong growth in this figure is explained by the fact that three new modules were rolled out in 2022. The actions mentioned above or below illustrate SOMFY’s commitment to promoting diversity and inclusion, decent working conditions in terms of health & safety, personal data protection, and skills development. In addition, SOMFY remains committed to setting an example in all areas of human rights. The Group considers freedom of association as the basis for regular dialogue between the company and its employees. It respects the individual right of its employees to freely join, participate in or leave trade union organisations to promote and defend their interests. It also recognises the importance of dialogue with freely appointed employee representatives, employee representative bodies (such as works councils and employee forums) or organisations (such as trade unions), and supports collective bargaining. Targeted communication actions were carried out in 2022 to raise internal awareness of other fundamental rights such as those concerning child labour or forced labour. More generally, the Group is committed to ensuring healthy and respectful relationships at work between individuals and teams, and with communities.

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SOMFY – ANNUAL REPORT 2022