SOMFY // 2022 Annual Report

03 NON-FINANCIAL STATEMENT

The change in eligibility ratios between 2021 and 2022 is due to: – a stable breakdown of SOMFY sales; – an increase in the share of capital expenditure on the new ERP that is not eligible for the Taxonomy’s CAPEX ratio; – stable R&D costs dedicated to products eligible forthe OPEX ratio. The difference between the eligibility andalignment ratios is due to: – the use of substantial contribution criteria for the determination of eligible sales, resulting in an equivalent ratio for eligibility and alignment; – the exclusion from the CAPEX ratio of capital expenditure on buildings and vehicles given that they do not yet meet the alignment criteria; – the exclusion from the OPEX ratio of operating expenses related to buildings and vehicles that do not currently meet the alignment criteria.

ANALYSIS OF ELIGIBILITY

The methodology for calculating theeligibility ratios was unchanged compared to 2021. Sales

The proportion of economic activities eligible for the Taxonomy was calculated as the share of sales from products and services associated with economic activities eligible for the Taxonomy (numerator) divided by sales (denominator) for the period from 1 January 2022 to 31 December 2022. The numerator of the indicator relating to sales is based on analytical reporting of the products deemed to be eligible. This analysis does not use distribution keys. The denominator of the sales indicator is based on consolidated sales and can be directly reconciled with the consolidated income statement on page 88 of the 2022 annual report. CAPEX The CAPEX indicator is defined as the CAPEX eligible for theTaxonomy (numerator) divided by the total CAPEX (denominator). The numerator of the CAPEX indicator is determined by adding the capital expenditure of eligible activities and the individually eligible capital expenditure as described in the section Determining eligible activities within the meaning of the Taxonomy. It should be noted that, to simplify matters, only the capital expenditure connected with the sites producing an eligible product has been used, that related to a site producing several products one of which doesnot qualify as eligible has not been used. SOMFY’s activities are not highly capital-intensive. In addition to the investments relating to non-eligible activities, a significant proportion of capital expenditure also covers types that are non-eligible within the meaning of Taxonomy, such as those related to IT hardware and the capitalised portion of the costs of the SAP ERP implementation. The denominator of the CAPEX indicator consists of acquisitions of property, plant & equipment and intangible assets excluding goodwill during the year, before depreciation, amortisation and writedowns, and excluding changes in fair value. It includes acquisitions of property, plant & equipment (IAS 16) and intangible assets (IAS 38) and acquisitions of rights of use mainly associated with leases of buildings and vehicles (IFRS 16). The reconciliation of the denominator of the CAPEXindicator with the consolidated financial statements is asfollows:

CAPEX ratio denominator (cash approach)

-108,367

IFRS 16 CAPEX restatement with no cash impact

22,005

Change in payables and receivables related to non-current assets

-1,022

Cash outflows related to the acquisition of intangible assets and property, plant & equipment (Cash flow statement p 89 of the 2022 annual report)

-87,385

OPEX

The OPEX indicator is defined as OPEX eligible for the Taxonomy (numerator) divided by total OPEX (denominator). The numerator of the OPEX indicator is determined in accordance with the same methodology as for capital expenditure. To simplify matters, only research and development expenditure related to an eligible product has been used, that related to several products one of which does not qualify as eligible has not been used. The OPEX indicator denominator used by the Group pursuant to the provisions of Appendix 1 to European Commission delegated regulation 2021/2178of 6 July 2021 was restricted to the following categories: – Research and Development expenditure, including in particular the related staff costs, excluding management as specified in the Commission’s draft communication on the interpretation of certain provisions of the delegated regulation; – short-term lease expenditure for vehicles (non-capitalised); – maintenance, upkeep, renovationand repair costs for industrial equipment and buildings; – any other direct expenditure, related to the routine upkeep of tangible assets by the company or by third parties to whom these activities are outsourced, which isnecessary to ensure these assets continue to operate properly.

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SOMFY – ANNUAL REPORT 2022