Somfy // Annual Financial Report 2021

05 CONSOLIDATED FINANCIAL STATEMENTS

S 2 ', L + ' ** ' - , 1

QOQO

QOQP

& , %! QP D QO

;88$1: 36$8 :*1( 8$9;/:

eicLj ecLjr

fcdLd ecLgr

s d h L h r Qfi 69

;88$1: 36$8 :*1( 0 8(*1 U P /$9V

-15

-52

COR/Sales 20.9%

COR/Sales 20.4%

-2

112

-6

3

COR/Sales 20.7%

269,0

304

301

261

2020 COR

Sales growth

Impact of margin on variable costs

Impact of structure costs

Impact of ĚĞƉƌĞĐŝĂƟŽŶ and provisions

2021 COR like-for-like 2020

Forex impact

Scope impact

2021 COR

;88$1: 36$8 :*1( 8$9;/: :3: //$# ^ fcdLd 0*//*31 '38 :)$ '*1 1!* / ?$ 8I 1 *1!8$ 9$ 3' d h L h rI 1# 8$68$9$1:$# ecLgr 3' 9 /$9I 0 *1: *1*1( :)$ $>!$6:*31 / /$<$/ 3' !;88$1: 36$8 :*1( 0 8(*1 3' :)$ 68$<*3;9 '*1 1!* / ?$ 8 UecLjr *1 ececVL )*9 = 9 #8*<$1 *1 6 8:*!;/ 8 ? :)$ 83;6M9 9:831( (83=:) 1# ? :)$ !31:*1; :*31 3' !$8: *1 131Q8$!;88*1( !39: 9 <*1(9I :)$ )$ /:) 9*:; :*31 31!$ ( *1 8$9:8*!:*1( :)$ )3/#*1( 3' ;9*1$99 $<$1:9 1# /*0*:*1( :8 <$/L $9;/:9 '38 :)$ '*1 1!* / ?$ 8 =$8$ !31<$89$/? 1$( :*<$/? *06 !:$# ? :)$ 9*(1*'*! 1: 8*9$ *1 :8 19638: :*31 1# 8 = 0 :$8* / !39:9L S )$ *06 !: 3' 131Q8$!;88*1( *:$09 1# 1$: '*1 1!* / $>6$19$ = 9 13: 0 :$8* /L 38638 :*31 : > *1!8$ 9$# ;:30 :*! //? (*<$1 :)$ /$<$/ 3' 683'*:9L ) 8$ 3' 1$: 683'*: '830 993!* :$9 1# -3*1: <$1:;8$9 = 9 ^ djLc 0*//*31I 1 *0683<$0$1: :) 1.9 :3 33? M9 (33# 8$9;/:9L 3193/*# :$# 1$: 683'*: :3: //$# ^ e h lLg 0*//*31I 1 *1!8$ 9$ 3' edLkrL )$ 8$:;81 31 ! 6*: / $06/3?$# U V 9:33# : fdLgrI !306 8$# =*:) elLir :)$ 68$<*3;9 ?$ 8I :$9: 0$1: :3 :)$9$ 9:831( 8$9;/:9L

116

SOMFY – ANNUAL FINANCIAL REPORT 2021