SOMFY // 2022 Annual Report

04 REPORT ON CORPORATE GOVERNANCE

04

REPORT ON CORPORATE GOVERNANCE

In accordance with Article L. 225-37 of the Commercial Code, weremind you of SOMFY SA’s corporate governance principles. The company’s Financial and Legal Departments are the major contributors to the preparation of this report under the authority of the Board of Directors. This report was forwarded to the Statutory Auditors, submitted to the Audit and Risk Committee on 6 March 2023 for review, and to the Board of Directors on 7 March 2023 for approval.

CORPORATE GOVERNANCE

COMPOSITION OF CORPORATE GOVERNANCE BODIES — At the Combined General Meeting of 2 June2021, SOMFY adopted the form of a Limited Company with a Boardof Directors. Moreover, at its meeting of 2 June 2021, the Board of Directors decided, pursuant to Article 18 of the company’s Articles of Association, to separate the roles of Chairman, entrusted to Jean Guillaume Despature, and Chief Executive Officer, entrusted to Pierre Ribeiro. It was also decided to appoint Valérie Dixmieras Deputy Chief Executive Officer in charge of People, Cultureand Organization.

COMPOSITION OF GENERAL MANAGEMENT

Members of the General Management team are appointed by the Board of Directors in accordance with legal provisions and the company’s Articles of Association. At its meeting of 2 June 2021, the Board decided to appoint the members of the General Management team for a term of four years expiring at the General Meeting held in 2025 andcalled to approve the financial statements for thefinancial year just ended.

At 31 December 2022, as at the date of this report, General Management is comprised as follows:

Name

Position

Age

Date appointed

Date term ends 2025 AGM 2025 AGM

Pierre Ribeiro Valérie Dixmier

Chief Executive Officer

56 56

2 June 2021 2 June 2021

Deputy Chief Executive Officer

76

SOMFY – ANNUAL REPORT 2022