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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 COMBINED GENERAL MEETING OF SHAREHOLDERS 2025
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 Agenda 1. Strategic model 2. Financial performance 3. CSR performance 4. Corporate Governance 5. Compensation 6. Presentation of the resolutions 7. Statutory auditors’ reports 8. Questions 9. Vote of the resolutions 2
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 3 Video Purpose / Values
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 Strategic model 4
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 A broad range with ~300,000 SKUs of standard products 5 Control electrical installations Make power available, incl. to workstations Ensure the flow of data and power Remotely manage / control all infrastructures Provide a secure power supply Protect electrical installations Recharge electric vehicles Measure and control energy consumption Install structured cabling Distribute audio and video signals Organize datacenters’ white-space infrastructuresProvide connected care / assisted living solutions Manage and optimize lighting Regulate temperature and sunlight Ensure safety and security of buildings Welcome and screen visitors
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 Balanced exposure1 across geographies & verticals 6 1. 2024 figures 2. 2024 Proforma ~20% with <80% white space 3 GEOGRAPHICAL REGIONS 3 MAIN END MARKETS Renovation <45% Residential Datacenters2 Non-residential North and Central America 40% Europe 40% Rest of the World 20% New economies ~25% of which ~85% white space of which <1/3 offices of which ~2/3 single family <20% >45% ~35%
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 Uniquely positioned as the only sizeable pure player in building electrical & digital infrastructure 7 ~50%~50% –Close to 5,000 local players –Strong intimacy with local customers, channel, standards, etc. –Also the core acquisition targets for Legrand SMESLARGE COMPANIES –Could be electrical giants, conglomerates, GAFAM… –Strong financial & technological capabilities –But less focus on Legrand’s core strategic markets >ɚ130 bn market
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 Continuous innovation keeps Legrand at the forefront of new demands & trends 8 SUSTAINED & CONSISTENT R&D PIONEERING PRODUCT INNOVATION ~5% of sales in the long run NOVO GO portable telecare device Smarther AC thermostats EV charging stations Green'up One Nexpand server racks Raritan Smart PDUs New Céliane range with rotary switch 0% 1% 2% 3% 4% 5% 6% 2018 2019 2020 2021 2022 2023 2024
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 Providing simple solutions that help customers to reduce their energy consumption in all buildings While reducing the whole life-cycle impact of our offering Mitigation of climate change with eco-responsible sales 9 Energy efficiency offering currently represents 23% of our sales … of which >50% of datacenters sales – Customer energy savingsup to 35% – CO2 emissions avoided (Legrand scope 4 / 14.8 mT in 2024 over 3 years) Providing Product Sustainability Profiles – to differentiate Legrand offering – Increasingly expected by customers and required by local regulation We disclose the full-life cycle impact of our products for 75% of our sales We actively deploy circular economy principles Enhanced focus since 5th CSR roadmap – Use of recycled materials, ban of single-use plastics – Eco-design 23% 2024 sales 78% Eco-responsible sales in 2024
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 Pursue customer satisfaction improvement 10 1. CSAT: Customer SATisfaction: number of satisfied and very satisfied customers on number of customers’ responses 2. NPS: Net Promoter Score: percentage of promoters minus percentage of detractors. “Great” level from 30% ~400 k surveyed customers in 77 countries in 2024 Closed-Loop Feedback process Successful initiatives on –Technical support –Trainings –Order to delivery process 2023 2022 78% 40 CSAT1 NPS2 2024 80% 51 78% 44 BEST-IN-CLASS CUSTOMER SATISFACTION INITIATIVES Legrand offers the best customer experience
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 Leverage software and firmware to enhance our offering’s value proposition 11 Connected ranges 15% of 2024 sales R&D headcount dedicated to software ~22% in 2024 Connected families >40 out of >100 in 2024 EMBEDDING MORE CONNECTIVITY INVESTING IN SOFTWARE & FIRMWARE 0% 10% 20% 30% 2010 2020 2024 2030 ~5% >25% >15% ~22%
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 Pricing Power is a strategic sustainable asset 12 1. Average from 2010 to 2024 Average1 pricing effect on sales: +2.3% Value proposition of our offering Features such as quality, availability, ease of installation and maintenance, technical support, total cost of ownership… also key for customers Skills, tools and processes POSITIVE PRICING OVER TIME… …SUSTAINED BY PROVEN LEVERS 0,0% 1,0% 2,0% 3,0% 4,0% 5,0% 6,0% 7,0% 8,0% 9,0% 10,0% 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Pricing on sales (%) Average
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 13 ENERGY & DIGITAL TRANSITION EUROPE NORTH & CENTRAL AMERICA REST OF THE WORLD ESSENTIAL ELECTRICAL INFRASTRUCTURES ~60% of acquired sales ~40% of acquired sales 1. 2020 included until Q1 2025 M&A balancing sales exposure towards Energy & Digital Transition 26 acquisitions since 20201 ~ɚ3.1 bn invested for ~ɚ1.2 bn annual sales
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 Demographic growth Urbanization New generations Aging population Health & Wellness Trends shaping our road to 2030 14 ENVIRONMENTAL URGENCY DATA EVERYWHERE SOCIETAL CHANGES Pollution Pressure on ecosystems Loss of biodiversity Depletion of natural resources Climate change. Mobility The Internet of Things Cloud computing Artificial Intelligence Augmented Reality
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 Environmental urgency: the facts that matter 15 ELECTRIFICATION WORLDWIDE ENERGY EFFICIENCY WORLDWIDE A presence in close to 90 countries Share of renewable in electricity X 2,7 2022 30% 2050 82% Share of electricity1 X 2 2022 20% 2050 41% Certified green building (bn sqm) X 8 2021 4 2030 34 Share of buildings operations in global energy consumption 30% 1. Within global energy consumption mix
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 >4% in 2030 Data everywhere: the facts that matter 16 CUMULATIVE POWER CAPACITY (DATACENTERS, GLOBAL - GW) DATACENTERS % OF WORLD ELECTRICITY X 13 2020 47 2030 612 DATA GENERATION (GLOBAL - ZETTABYTES) X 7 2018 22 2028 152
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 Demography: the facts that matter 17 GROWING POPULATION MIDDLE CLASS AGEING A presence in close to 90 countries people by 2050 (9.7 bn, +18%) +1.5 bn A presence in close to 90 countries Next decade +37% A presence in close to 90 countries ˁơƠ4 -.*' by 2050 (1.6 bn) x2
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 Sales acceleration towards energy & digital transition 18 –Steady growth on the long run –Following building construction and renovation cycles 47% Energy and digital transition 5% Digital lifestyles 20% Datacenter 22% Energy transition 2024 SALES 53% Essential infrastructures –Above construction market growth in the long run –Correlated to buoyant megatrends
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 19 BUSWAY Revolutionary busway modular system RACKS From standard to optimized airflow to AI ready heavy duty racks EZ-PATH® Optimal protection against fire spreading, any cables load factor KVM & SERIAL CONSOLES High performance, reliable, secure monitoring of datacenter infrastructure OVERHEAD CABLE MANAGEMENT Customized solutions using strong, cleverly- designed cable trays from wire-mesh to heavy duty solutions TRANSCEIVERS Interoperability, availability and reliability from copper to fiber SMART PDU Provides reliable power distribution for IT equipment racks, offers metering and remote monitoring COOLING From optimized air flow management, cold corridors to rear-door heat exchangers CONTAINMENT Flexible and modular containment solutions STATIC TRANSFER SWITCH Ensure uninterrupted operation for critical IT equipment OPTICAL FIBER & COPPER CABLING SYSTEMS Complete solutions designed to deliver the most advanced network performance, with a variety of density and connector options for maximum compatibility BUSBARS Busbar systems offering simplicity, speed and flexibility during planning and installation MAIN DISTRIBUTION BOARD, CABINETS & PROTECTION DEVICES Reliable energy distribution, metering and protection solutions ensuring continuity of service TRANSFORMERS Wide portfolio of high-quality, environmentally friendly cast resin transformers range from 50kVA up to 20MVA UPS Power continuity and quality with 1P to modular 3P solutions including power factor correction WHITE SPACE GREY SPACE Datacenters Best-in-class mission-critical solutions
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 20 POWER PRODUCTS Ensuring safety and continuity of service with high performance solutions in all types of buildings UPS AND ENERGY QUALITY Comprehensive range of UPS (1p to modular 3p) for all types of buildings and usage, power factor correction systems DC PROTECTION FOR RENEWABLES ENERGIES Protection and management solutions for solar panels BUSBARS Busbar systems offering simplicity, speed and flexibility during planning and installation TRANSFORMERS Wide portfolio of high-quality, environmentally friendly cast resin transformers range from 50 kVA up to 20 MVA EV CHARGING STATIONS Suitable for homes, corporate and public parking areas LIGHTING CONTROLS Energy-efficient lighting management systems ensure the right amount of light when and where is needed, reduce expenses and are code compliant ENERGY MANAGEMENT Providing energy management systems for significant consumption savings Energy transition A broad dedicated offer
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 21 GUEST ROOM MANAGEMENT Management and supervision of hotel and welcoming establishments CONNECTED CARE Customized nurse call system for care facilities. Services and software for care coordination and information exchange ASSISTED LIVING Maximum comfort for users, the freedom to feel safe always and everywhere Enhanced with AI SMART HOME ECOSYSTEM - Residential security & access control - Connected comfort - Energy management RESIDENTIAL ACCESS CONTROL Turning a house into a secure, smart and comfortable home - Full smart home management Controlling home thanks to Legrand’s connected objects via smartphones, tablets or by voice Digital lifestyles A targeted offer around the smart home & connected care
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 22 WIRING DEVICES Great diversity of formats, colors, finishes and functions for all kinds of projects BUILDINGS COMPONENTS Qualitative, innovative and simple to install products for all type of building infrastructure INDUSTRIAL COMPONENTS Industrial sockets and combined units providing maximum durability EMERGENCY LIGHTING Offerings with long-life low energy LEDs that integrate seamlessly into the building’s overall look while being connected and managed remotely High-performance and customized lighting solutions LIGHTING FIXTURES NETWORKS & LOCAL AREA NETWORKS FOR ALL BUILDINGS Reliable and innovative data infrastructure systems for all types of buildings FLOOR SYSTEMS Easily deliver power and data with in- floor distribution systems TRUNKING PERIMETER AND FLOOR INSTALLATIONS Fast-fitting and cost-efficient scalable solution for supplying workstations with power and data AUDIO & VIDEO Video- conferencing integrated solutions furniture for housing equipment OVERHEAD CABLE MANAGEMENT Customised solutions using strong, cleverly- designed cable trays from wire-mesh to heavy duty solutions Essential infrastructures A vast offer addressing both commercial and residential buildings
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 2030 ambitions Sales ɚ12bn to ɚ15bn in 2030 Free Cash Flow ~ɚ10bn from 2025 to 2030 Capital allocation M&A ~ɚ5bn invested from 2025 to 2030 Dividend ~50% of net income payout Adjusted Ebit margin1 ~20% of sales Gender diversity 1/3 Key management positions (Hay Grade 20+) held by women Circular economy Phasing out single use plastic Serving customers Enable our clients to avoid 70 MtCO2 (Scope 4) between 2020 & 2030 Climate -42% Scopes 1&2 -25% Scope 3 current vs 2022 Eco-responsible sales 80% of Legrand sales 1. All-in adjusted Ebit margin: including restructuring costs 23
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 Video Innovation 24
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 25 Financial performance
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 8 416,9 8 648,9 2023 2024 26 ɚ millions +2.8% +1.0% -0.5% Organic External: +2.2% FX +2.8% Acquisitions -0.6% Russia Organic + acquisitions+3.9% 2024 – Change in net sales
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 27 REST OF THE WORLD 20% OF GROUP EUROPE 40% OF GROUP NORTH & CENTRAL AMERICA 40% OF GROUP Organic growth +1% o/w Datacenters ~+15% 2024 – Organic sales trends by destination -2.3% +4.5% +1.3%
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 28 1. At 2023 scope of consolidation Adjusted operating margin Organic evolution of margin Adjusted operating margin before acquisitions1 Impact of acquisitions Adjusted operating margin 2023 2024 2024 -0.1 pts 20.6% 20.5% 21.0% -0.4 pts High profitability demonstrates i) the quality of Legrand's commercial positions and ii) its strong ability to deliver in a market environment that remained complex in 2024 2024 – Adjusted operating margin
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 29 NET PROFIT ATTRIBUTABLE TO THE GROUP FREE CASH FLOW ɚ1,166MM 13.5% of sales Increase in operating profit Negative impact of financial result & FX 25.9% stable corporate income tax rate ɚ1,290MM 14.9% of sales Conversion rate1 111% 2024 – Value creation 1. Free cash flow / Net profit attributable to the Group
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 Last 5 years, as of 2024 Consistent & dependable integrated value creation 30 EPS +42% 5y cumulated DIVIDEND PAYOUT ROCE1 AFTER TAX 50.5% 5y average 12.4% of sales in 2024 SALES (LFL+M&A) +31% 5y cumulated ADJUSTED EBIT MARGIN FREE CASH FLOW 20.3% of sales - 5y average 15.3% of sales - 5y average Net debt/EBITDAof 1.5x Cash available ɚ2.1 bn as of Dec. 31, 2024 FCF INVESTED IN M&A 50% 5y cumulated ROBUST BALANCE SHEET 1. Return On Capital Employed
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 Balanced added value allocation over the long term (2020-2024) 1. Average data over 5 years NET SALES (A) = ~ɚ7.7BN1 PURCHASING (B) = ~ɚ3.8BNɚ1 CUSTOMERS SUPPLIERS ADDED VALUE (A-B) = ɚ3.9BN1 50% EMPLOYEES 24% INVESTMENTS IN DEVELOPMENT 26% OTHER STAKEHOLDERS –Capital expenditure (~5%) –R&D investments (~4%) –Acquisitions (~15%) –Shareholders (~14%) and Banks (~2%) –Governments (income tax) and civil society (~10%) 31
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 0,0 0,2 0,4 0,6 0,8 1,0 1,2 1,4 1,6 1,8 2019 2020 2021 2022 2023 2024 2024 pro forma 32 (CAGR +19% o/w LFL +13%) Datacenter Sales in ɚ bn 2024 - Datacenters: Rapid sales growth over 5 years 1. After taking into consideration 12 months of turnover for the companies acquired over the year 1
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 33 Keor MP | Three Phase UPS DPX³ Light Up range WEOZ LINEA 5000with Netatmo Home + Control LCS3 Fiber Optic System Linkeo PDU Cable Bus KNX Mallia Senses DATACENTERENERGY TRANSITION DIGITAL LIFESTYLE Cablobend 2024 - Numerous product launches throughout the year Products launched in energy and digital transition
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 34 Céliane Light Now Seano Ultra Thin Chief T empo flat panel wall mount system SANUSAdvanced Full-Motion 4D REV Architectural Lighting LinkeoWall-Mount cabinets 2024 - Numerous product launches throughout the year Products launched in essential infrastructures ESSENTIAL INFRASTRUCTURES
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 SALES ACQUISITIONS Colombian specialist in the technical infrastructures services New Zealand specialist of cable management systems Dutch software leader in connected healthcare Indian specialist in racks Irish specialist in low-voltage power distribution systems Australian leader in busbars >ɚ10mm >ɚ60mm ~ɚ10mm ~ɚ120mm <ɚ10mm ~ɚ30mm Australian cable management (conduit) leader >ɚ100mm 35 Datacenters Essential Infrastructures Digital Lifestyles (connected care) Leading North American specialist in Cable Bus power busbars ~ɚ70mm Dutch software player in connected healthcare >ɚ20mm 2024 - Acceleration of Legrand's acquisition policy 9 acquisitions announced, totaling ~ɚ430mm annual sales in 2024
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 36 Video Productivity / I.4.0
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 37 2,028 2,278 Q1 2024 Q1 2025 Sales in ɚMM 20.5% 20.7%Adjusted operating margin as % of sales +11.2.X% (excl. FX) TRENDS +0.2 points 2025 - first-quarter results 276 293Net profit attributable to the Group in ɚMM +6.3% Very solid Q1 2025 results, in line with our expectations
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 2025 full-year targets confirmed 38 1. All-in adjusted Ebit margin: including restructuring costs 2. The pillars of the new CSR roadmap were detailed at the dedicated virtual CMD on March 25, 2025: CSR Capital Markets Day 2025 - Legrand In 2025, the Group is pursuing the profitable and responsible development laid out in its strategic roadmap. Taking into account the world’s current macroeconomic outlook and progressively normalizing customs policies, and with confidence in its model for creating integrated value, Legrand has set the following full-year targets for 2025: - sales growth of between +6% and +10% (organic and acquisitions, excluding currency effects); - adjusted operating margin 1 (after acquisitions) holding stable overall, compared with 2024; - at least 100% CSR achievement rate for the first year of the 2025-2027 roadmap2.
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 Legrand is attentive to its shareholders Historical trends in return to shareholders 39 1. From April 6, 2006 to December 31, 2024 and compared to the CAC 40 over the same period 2. Average annual growth rate % CAGR2 SHARE TRENDS SINCE IPO1 ANNUALIZED SHAREHOLDER RETURN WITH REINVESTED DIVIDENDS +376% +41% 0 10 20 30 40 50 60 70 80 90 100 110In ɚ Legrand CAC 40
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 Legrand is attentive to its shareholders Proposed dividend per share1 40 1. Subject to shareholder approval at the Annual General Meeting on May 27, 2025 and payable on June 2, 2025 This distribution will be made entirely from distributable earnings Proposal close to 50% payout 2023 2024 2.09ɚ +5.3% 2.20ɚ
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 Legrand is attentive to its shareholders Communication with our shareholders and stakeholders 41 ACCESS TO REGULATED INFORMATION & NEWS SHAREHOLDER INFORMATION TOOLS TO TAKE PART IN COMPANY LIFE - Responsive website (www.legrandgroup.com) - Dedicated shareholder page - Quarterly earnings releases - Regulated releases ˗ Letters to shareholders ˗ Shareholder’s guide ˗ Site visits ˗ Toll-free number - E-voting - Questions during general meetings (audience, written and by email) - Materiality surveys among stakeholders (latest conducted in 2023)
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 CSR performance 42
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 CSR makes Legrand a better company 43 CSR MAKES US MORE EFFICIENT CSR MAKES US MORE RELEVANT TO OUR CUSTOMERS CSR MAKES US A MORE ATTRACTIVE EMPLOYER Significant cost reduction through programs to cut energy consumption and reduce accidents Process optimizationthroughout the company Focusing on improving customer satisfactionwith precise KPIs and targets Helping our customers achieve their objectives with our products, by usage and by design Better retention by building a thriving environment for our employees More attractive by providing opportunities & developing talents Uniting Legrand around purpose and values, fostering a strong corporate culture
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 44 122% 136% 85% 108% 113% 2024 achievement rate on 2022-2024 5th CSR Roadmap 2024 - 5th CSR roadmap's achievement rates
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 45 DIVERSITY & INCLUSION CARBON FOOTPRINT CIRCULAR ECONOMY RESPONSIBLE BUSINESS 96% employees trained at least 7 hours -26% workplace accidents with and without lost time over 3 years 98% achievement on Business Ethics ~10% recycled plastics and ~44% recycled metals in products 75% of sales made with product sustainability profiles including PEPs (Product environmental profile) -53% direct and indirect carbon emissions (current Scopes 1&2, over 3 years), far better than targeted ~330 key suppliers committed to reducing their CO2 emissions 30.5% feminized management1 94% employees working in GEEIS-Diversity2 labeled entities Close to 4,300 new opportunities provided for early-in-careers 1. Hay Grade 14+ positions 2. GEEIS-Diversity: Gender Equality European & International Standard Stake in Circul’R French company specializing in circular economy expertise and consulting 2024 achievement examples on CSR performance
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 Last 5 years, as of 2024 Consistent CSR results 46 ACCIDENT FREQUENCY RATE (FR2) -32% 5y cumulated CARBON EMISSIONS SCOPE 1 & 2 -61% 5y cumulated WOMEN MANAGERS HAY GRADE 14+ EMISSIONS AVOIDED BY CUSTOMERS +30% weight over 5 years with 30.5% in 2024 21 Mt of CO2 5y cumulated thanks to Legrand energy efficiency products
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 2025-2027 6th CSR Roadmap 5 pillars Serving our customers Being a Responsible Business Mitigating Climate Change Developing a more circular economy Promoting Diversity and Inclusion 47
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 48 Video presenting the new CSR Roadmap
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 2025-2027 6th CSR Roadmap 5 pillars (1/2) 49 -10% Scope 1&2 CO2 emissions reduction (direct and indirect emissions) between 2024 and 2027 -30% reduction in CO2 emissions from our suppliers’ operations by 2030, representing 70% of our purchased goods emissions PROMOTING DIVERSITY & INCLUSION MITIGATING CLIMATE CHANGE 35% of management positions (Hay Grade 14+) held by women 100% of headcount working in a diversity-labelled organization (GEEIS label) 4,000 positions offered to early-in-careerseach year 100 new businesses developed with suppliers committed to Diversity & Inclusion
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 50 BEING A RESPONSIBLE BUSINESSDEVELOPING A MORE CIRCULAR ECONOMY SERVING OUR CUSTOMERS 50% of new and redesigned projects meeting Legrand’s Eco- Design Index Criteria1 More than 1/3 Sustainable materials in products manufactured by the Group Remove 80% of Plastic Primary packaging in manufactured finished goods by weight 20Mt of CO2 emissions (Scope 4) avoided over 3 years by our customers Customer Experience: maintain 80% CSAT and 50 NPS 72% of annual revenue covered by Product Sustainability Profiles 100% of major suppliers engaged & compliant with EcovadisHuman Rights score and 100% of risky suppliers engaged Business Ethics 100% on framing, training and complying Introduce and reduce by -20% the FR2t2 rate against 2024 Provide training to 90% of employees each year and reach 10 hours of annual training for each employee by 2027 2025-2027 CSR Roadmap 5 pillars (2/2) 1. the project must follow Legrand’s Eco-design process, no Single Use Plastic in packaging, compliance with all environmental regulations and improvement on at least CO2 impact or Reparability Index 2. Workplace accident frequency rate with and with lots time, including temporary workers
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 2024 - Non-financial ratings 51 DJSI World & DJSI Europe [Score ESG : 68] CDP Climate Change “A” list “Gold” rating [Top 5% - all companies] “Prime” Status since 2011 Constituent since 2007 “Low risk” 10 out of 300 companies in Electrical Equipment “AA” rating since 2013 Score : 67/100 Euronext Eurozone 120 Euronext Europe 120 CAC 40 ESG CAC SBT 1.5
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 Corporate Governance 5252
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 Compliance with the highest standards of governance 53 SEPARATE CORPORATE GOVERNANCE STRUCTURE BOARD COMPOSITION IN LINE WITH BEST PRACTICES STRONG INVOLVEMENT COMPLEMENTARY EXPERTISE Separation of duties between non-executive Chair and CEO « Comply or explain » rule: compliance with all the Afep-Medef Code’s recommendations Independence and diversity of the Board: − 82%(1) of Directors are independent − 55%(1) of women − 7(1) nationalities 27 meetings in 2024 (Board & Committees) An average attendance rate of 97%(2) The skills represented within the Board include: − audit, finance and risk management − strategy and external growth − International experience − CSR − experience of P&L management − knowledge of industrial operations − digital technology, innovation and new technologies − governance and compensation − consumers knowledge and distribution channels 1. These rates are calculated excluding Directors representing employees and subject to approval by the 2025 Combined General Meeting of the reappointment and appointment proposed. 2. Average attendance rate at Board of Directors and Committees’ meetings in 2024.
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 Changes in the composition of the Board of Directors Process of appointment of Directors 54 Appointed by the Central Workforce and Economic Committee (the « CWEC ») PROCESS FOR APPOINTMENT OF DIRECTORS REPRESENTING EMPLOYEES PROCESS FOR APPOINTMENT OF DIRECTORS BY THE GENERAL MEETING OF SHAREHOLDERS The Board of Directors, based on the work performed by the Nomination and Governance Committee (NGC), sets the objectives of its composition, the profiles targeted, and the requisite skills identified The NGC may be assisted by a recruitment firm with the process of identifying candidates who match the target profiles set by the Board of Directors The Chair of the Board of Directors and the NGC Chair draw up a shortlist of candidates and hold individual interviews The NGC discusses on the proposed profiles regarding the predefined selection criteria, the compliance with the rules of the Afep-Medef Code and proxy advisors’ and investors’ voting policies (independence, multiple directorships) and their availability The candidates chosen then meet with the other members of the NGC and with management The NGC considers the results of these interviews and submits its recommendations to the Board of Directors The Board of Directors approves the draft resolutions for the appointment of any new directors for the Shareholders’ Meeting
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 Changes in the composition of the Board of Directors Appointment of Stéphane Pallez 55 FDJ UNITED (1) –Chairwoman and CEO SKILLS Nationality: French Age: 65 Experience of senior executive of a listed group Audit / Finance & Risks Strategy Digital, Innovation and New technologies DIRECTORSHIPS EDUCATION Institut d’Études Politiques (IEP) École nationale d’administration (ENA – Louise Michel cohort) 2014 – current 2024 – current 1. Listed company OTHER ROLES 2018 – current Alliance pour l’Éducation –Member of the Board of Directors Conservatoire National Supérieur de Musique et de Danse de Paris –Chairwoman of the Board of Directors Institut Pasteur –Member of the Board of Directors 2020 – current 10th resolution Stéphane Pallez
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 56 Video Stéphane Pallez
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 Changes in the composition of the Board of Directors Renewal of the term of office of Patrick Koller 57 Independent Director Member of the Nomination and Governance Committee Member of the Compensation Committee SKILLS Nationality: Dual French/German Age: 66 Attendance rate(3) in 2024: 100% Experience of senior executive of a large listed industrial group DIRECTORSHIPS AND OTHER ROLES WITHIN LEGRAND(1) EDUCATION POL YTECH Nancy – ex-ESSTIN (École Supérieure des Sciences et Technologies de l’Ingénieur de Nancy) IFG (Institut Français de Gestion) 2018 – current 2018 – current 2019 - current 1. Listed company. 2. Patrick Koller’s term of office as a director of Forvia(1) will end at Forvia’s(1) Shareholders’ Meeting on May 28, 2025. 3. Attendance rate at Legrand Board and Committee meetings in 2024. DIRECTORSHIPS AND OTHER ROLES OUTSIDE LEGRAND (1) 2017 – current FORVIA SE(1)(2) –Director 11th resolution Patrick Koller
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 Changes in the composition of the Board of Directors Renewal of the term of office of Florent Menegaux 58 Independent Director Member of the Audit Committee SKILLS Nationality: French Age: 62 Attendance rate(2) in 2024: 85% Experience of senior executive of a large listed industrial group DIRECTORSHIPS AND OTHER ROLES WITHIN LEGRAND1 EDUCATION Diploma in finance, management and economic science from Paris Dauphine University. 2022 – current 2024 – current 1. Listed company. 2. Attendance rate at Legrand Board and Committee meetings in 2024. DIRECTORSHIPS AND OTHER ROLES OUTSIDE LEGRAND 1 2018 – current 2019 – current Companies COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELIN(1)(“MICHELIN”) –Managing General Partner –Managing Chairman MANUFACTURE FRANCAISE DES PNEUMATIQUES MICHELIN –Chairman Non-corporate roles GLOBAL COMPACT FRANCE NETWORK –President 12th resolution Florent Menegaux 2019 – current 2023 – current
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 Changes in the composition of the Board of Directors Best-practice composition(1) maintained 59 1. Composition at the close of the Annual General Meeting 2025, subject to approval of the appointment and reappointments proposed. 2. These rates are calculated excluding Directors representing employees and subject to approval by the 2025 Combined General Meeting of the appointment and reappointments proposed. 82%(2) Of independent 55%(2) Of women 7 Nationalities represented 55%(2) Of CEO and ex-CEO of listed companies 9 Key Group expertises represented COMPOSITION IN LINE WITH THE BEST PRACTICES(1)ANGELES GARCIA- POVEDA Chair of the Board of Directors BENOÎT COQUART Chief Executive Officer and Director ISABELLE BOCCON- GIBOD Independent Director SOPHIE BOURDAIS Director representing employees MICHEL LANDEL Independent Lead Director PHILIPPE BOURDOLLE JEAN-MARC CHÉRY VALÉRIE CHORT PATRICK KOLLER Independent Director REKHA MEHROTRA MENON FLORENT MENEGAUX CLARE SCHERRER STÉPHANE PALLEZ Director whose reappointment is submitted for approval at this Annual General Meeting. Director whose appointment is subject to the approval of this Annual General Meeting. Independent Director Independent Director Independent Director Independent Director Independent Director Independent Director Director representing employees
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 A diversified Board of Directors with a complementary mix of skills and expertise(1) 60 92% 85% 69% 62% 62% 54% 54% 46% 31% AUDIT / FINANCE & RISKS STRATEGY / EXTERNAL GROWTH INTERNATIONAL CSR P&L MANAGEMENT INDUSTRIAL OPERATIONS DIGITAL, INNOVATION, NEW TECHNOLOGIES GOVERNANCE / COMPENSATION CONSUMERS / DISTRIBUTION CHANNELS (2) (3) 1. Composition at the close of the Annual General Meeting 2025, subject to approval of the proposed appointment and reappointments. 2. Corporate Social Responsibility. 3. Profit and Loss.
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 The Lead Director ensuring a balanced governance 61 LEAD DIRECTOR The Lead Director, an additional guarantee of the proper functioning and balance of power within the Board The Lead Director: •Ensures regular dialogue with each director, preventing and managing potential conflicts of interest •Oversees work on the Board's succession plan •Conducts or supervises evaluations of Board operation •Chairs and moderates annual meetings of non-executive directors •In the event that the Chair of the Board is not independent, and unless the shareholders request otherwise, to ensure dialogue with the Company's shareholders Works in 2024: •Supervision of the internal evaluation of the Board and its committees, and of work on the succession plan for directors •Chairing of two meetings of non-executive directors •Regular meetings with Executive Management, the Chair and directors INTERNAL BOARD EVALUATION FOR 2024 Evaluation following a three-year cycle that alternates between external evaluation (including evaluation of individual directors' contributions) and internal evaluation Positive assessment of Board and Committee operations Exemplary Board composition and commitment Efficient functioning of the Board, with a balanced governance structure Free, rich and open dialogue between directors Quality of Committees’ work A relationship of trust with Executive Management, the Chair and the Lead Director Recognition of the Board's continuous improvement process for the Board’s operating procedures
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 An active and committed Board of Directors 62 KEY FIGURES FOR 2024 8 MEETING OF THE BOARD OF DIRECTORS 19 MEETINGS OF THE COMMITTEES 2 MEETINGS OF THE NON EXECUTIVE DIRECTORS 96% ATTENDANCE RATE OF DIRECTORS AT BOARD MEETINGS 98% ATTENDANCE RATE OF DIRECTORS AT COMMITTEES MEETINGS 1 STRATEGIC SEMINAR OF THE BOARD
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 Changes in Committee membership at the close of the Annual General Meeting of May 27, 2025(1) 63 AUDIT COMMITTEE •I. Boccon-Gibod •P. Bourdolle •V. Chort •F. Menegaux •C. Scherrer COMMITMENTS AND CSR COMMITTEE •JM. Chéry •I. Boccon-Gibod •V. Chort •A. Garcia-Poveda •M. Landel •S. Bourdais •V. Chort •P. Koller NOMINATION AND GOVERNANCE COMMITTEE •M. Landel •P. Koller •R. M. Menon COMPENSATION COMMITTEE 100% OF INDEPENDENTS(2) 6 MEETINGS IN 2024 97% OF ATTENDANCE RATE 100% OF INDEPENDENTS(2) 2 MEETINGS IN 2024 100% OF ATTENDANCE RATE 100% OF INDEPENDENTS 4 MEETINGS IN 2024 93% OF ATTENDANCE RATE 1. Subject to approval of the proposed appointment and reappointments at the 2025 Combined General Meeting. 2. These ratios do not include the 2 directors representing employees 75% OF INDEPENDENTS 7 MEETINGS IN 2024 100% OF ATTENDANCE RATE
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 Compensation 64
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 Simple, transparent and responsible compensation policy for corporate officers 65 CHAIR OF THE BOARD OF DIRECTORS DIRECTORS In accordance with best governance practices, the compensation policy does not provide for any annual variable compensation or long-term compensation, neither compensation for serving as a director In line with the Afep-Medef Code, the compensation policy states that the variable portion of the compensation granted to directors is predominant Structure of compensation aligned with the interests of stakeholders and the Company’s objectives, notably in line with the medium- term corporate strategy Demanding performance conditions, corresponding to the key factors of the Company's profitable, sustainable and responsible growth CHIEF EXECUTIVE OFFICER
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 Compensation of the Chair of the Board of Directors 2024 EX-POST FIXED COMPENSATION NoneANNUAL AND LONG-TERM VARIABLE COMPENSATION NoneEXCEPTIONAL COMPENSATION NoneCOMPENSATION FOR SERVING AS A DIRECTOR ɚ625,000 2025 compensation policy identical to 2024 2025 EX-ANTE ɚ625,000 None None ɚ625,000 Angeles Garcia-Poveda TOTAL COMPENSATION ɚ625,000 None 5th resolution 7th resolution 66
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 Compensation of the Chief Executive Officer 2024 EX-POST FIXED COMPENSATION ɚ1,059,300ANNUAL VARIABLE COMPENSATION ɚ1,610,877(1)LONG-TERM VARIABLE COMPENSATION ɚ3,692BENEFITS IN KIND ɚ3,573,869 2025 compensation policy identical to 2024 2025 EX-ANTE ɚ900,000 ɚ900,000 (target) ɚ6,135 €3,606,135 Benoît Coquart TOTAL COMPENSATION ɚ900,000 €1,800,000 (target) 6th resolution 8th resolution 2024 TARGET ɚ900,000 ɚ1,800,000 €7,097 ɚ3,607,097 ɚ900,000 1. Amount determined by an independent expert pursuant to IFRS 2. 67
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 Compensation of the Chief Executive Officer Structure of 2025 compensation •80% Quantifiable − Organic sales growth − Adjusted operating margin before acquisitions − External growth − Rate of achievement of the CSR Roadmap •20% Qualitative − Innovation and market position − Quality of external growth − People Development 25% Fixed compensation 50% Long-term variable compensation (target) 25% Annual variable compensation (target) Breakdown of fixed and variable portions •25% Organic sales growth excluding currency effects •25% Adjusted operating margin after acquisitions •25% Rate of achievement of the CSR Roadmap •25% Performance over 3 years of Legrand’s share price relative to the EURO STOXX Industrial Goods & Services index CSR: a significant component of the Chief Executive Officer’s compensation 25% of the long-term variable compensation at target value 20% of the annual variable compensation at target value 17.5% of the target value for total annual compensation 68
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 Compensation of the Directors 69 FIXED PORTION BOARD OF DIRECTORS -AUDIT COMMITTEE -OTHER BOARD COMMITTEES ɚ25,000 VARIABLE PORTION PER MEETING ATTENDED(1) ɚ3,000 ɚ3,000 ɚ5,000 ADDITIONAL FIXED PORTION FOR CHAIRING RESPONSIBILITIES ɚ20,000 ɚ10,000 - ADDITIONAL FIXED PORTION FOR THE LEAD DIRECTOR - - ɚ20,000 2024 and 2025 9th resolution 4th resolution 1. An additional ɚ2,500 per trip is paid to directors residing outside Europe, in addition to variable compensation. This indemnity would not be paid in the event of attendance via videoconference or conference call.
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 Presentation of the resolutions 7070
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 Presentation of the resolutions Ordinary resolutions (1/2) 71 RESOLUTION RESOLUTION’S CONTENT N° 1 to 3 N° 4 N° 5 Approval of the financial statements, allocation of result and dividend distribution Approval of the information referred to in Article L.22-10-9 I of the French Commercial Code, in accordance with Article L.22-10-34 I of the French Commercial Code Ex-post Say on Pay of Angeles Garcia-Poveda N° 6 N° 7 Ex-post Say on Pay of Benoît Coquart Ex-ante Say on Pay of the Chair of the Board of Directors N° 8 Ex-ante Say on Pay of the Chief Executive Officer
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 Presentation of the resolutions Ordinary resolutions (2/2) 72 RESOLUTION RESOLUTION’S CONTENT N° 9 N° 10 to 12 N° 17 Ex-ante Say on Pay of the Directors Appointment and renewals of directors Power for formalities
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 Presentation of the resolutions Resolutions relating to the repurchase and cancellation of the Company's shares & resolution relating to the issue of performance shares 73 RESOLUTION RESOLUTION’S CONTENT N° 13 N° 14 N° 15 Authorization granted to the Board of Directors to allow the Company to trade its own shares •for a maximum price of ɚ150 per share (excluding purchase expenses) Authorization granted to the Board of Directors to reduce the share capital by canceling treasury shares •cancelation of shares held in treasury following a share buyback •duration of the authorization: 18 months Authorization granted to the Board of Directors to issue free shares •duration of the authorization: 38 months CAPS 10% of the share capital Maximum amount allocated: €2bn 10% of the share capital by period of 24 months 1.5% of the share capital (0.5% by year)
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 Presentation of the resolutions Extraordinary resolution – changes to the articles of association 74 RESOLUTION RESOLUTION’S CONTENT N° 16 Amendment to article 9.5 of the company’s articles of association to reflect legislative changes on the organization of the Board of Directors
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 Statutory auditors’ reports 7575
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 Statutory auditors’ reports Reports on the annual and consolidated accounts 76 ANNUAL ACCOUNTS CONSOLIDATED ACCOUNTS References Pages 470 - 473 of the Universal Registration Document Pages 413 - 416 of the Universal Registration Document Our mission Certification that the annual financial statements give a true and fair view of the financial position and assets and liabilities of Legrand SA on December 31, 2024, and of the results of its operations for the year then ended, in accordance with French accounting rules and principles Certification that the consolidated financial statements give a true and fair view of the financial position and assets and liabilities of the Legrand Group on December 31, 2024, and of the results of its operations for the year then ended in accordance with IFRS standards as adopted by the European Union Key points of the audit •Value in use of equity interests •Recoverable amount of goodwill and trademarks with indefinite useful lives •Valuation of litigation and potential liabilities Specific verifications No comments on the information on corporate governance and on compensation and benefits paid to corporate officers given in the management report No comments on the information on the Group given in the management report Certification without reservations of the annual and consolidated accounts
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 Statutory auditors’ reports Other reports (1/2) 77 Report on the sustainability information (pages 234 – 238 of the Universal Registration Document) Information verified by the College of Statutory Auditors in the context of the limited assurance engagement on the certification of sustainability reporting and the verification of the disclosure requirements set out in Article 8 of Regulation (EU) 2020/852. OBJECTIVE OBSERVATION ELEMENTS THAT RECEIVED PARTICULAR ATTENTION CONCLUSION Compliance of the double- materiality analysis process with the ESRS(1) No observations - Identification of shareholders - Identification of impacts, risks and opportunities - Impact and financial materiality assessment Compliance of the sustainability information with the ESRS(1) Observation relating to the context of the first year of application of the ESRS(1): - scope of data collection (recently acquired entities, etc.) - uncertainties relating to certain estimates /interpretations that may be refined - data points that could not be published or could only be partially published - Greenhouse gas emissions report - Transition plan for climate change mitigation Absence of errors, omissions or significant inconsistencies Compliance with taxonomy publication requirements No observations - Mapping process to identify eligible activities - Compliance with alignment criteria, in particular for activities contributing to climate change reduction - Compliance with technical alignment criteria DNSH(2) principles, in particular pollution 1. European Sustainability Reporting Standards. 2. Do No Significant Harm.
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 Statutory auditors’ reports Other reports (2/2) 78 Special report on the related-party agreements (page 357 of the Universal Registration Document) •No new agreements authorised during the year under review that require the approval of the General Meeting •No agreements already approved by the General Meeting which continued to apply during the year just ended Special reports on capital transactions •Report on the capital reduction through the cancellation of treasury shares (resolution 14) •Report on the authorisation to grant existing shares or shares to be issued without pre- emptive subscription rights (resolution 15) No observations to make on the information given in the Board of Directors' report. Issuance of a supplementary report, if necessary, when the Board of Directors makes use of these delegations.
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 Questions 7979
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 80 Vote of the resolutions 80
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 8181
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 82 Appendices Glossary Adjusted operating profit is defined as operating profit adjusted for (i) amortization and depreciation of revaluation of assets at the time of acquisitions and for other P&L impacts relating to acquisitions, (ii) assets impairment in Russia and, (iii) where applicable, for impairment of goodwill. Cash flowfrom operations is defined as net cash from operating activities excluding changes in working capital requirement. CSR stands for Corporate Social Responsibility. EBITDA is defined as operating profit plus depreciation and impairment of tangible and of right of use assets, amortization and impairment of intangible assets (including capitalized development costs), reversal of inventory step-up and impairment of goodwill. ESG stands for Environmental, Societal and Governance. Free cash flow is defined as the sum of net cash from operating activities and net proceeds from sales of fixed and financial assets, less capital expenditure and capitalized development costs. Net financial debtis defined as the sum of short-term borrowings and long-term borrowings, less cash and cash equivalents and marketable securities. Organic growthis defined as the change in sales at constant structure (scope of consolidation) and exchange rates. Payout is defined as the ratio between the proposed dividend per share for a given year, divided by the net profit attributable to the Group per share of the same year, calculated on the basis of the average number of ordinary shares on December 31 of that year, excluding shares held in treasury. Working capital requirement is defined as the sum of trade receivables, inventories, other current assets, income tax receivables and short-term deferred tax assets, less the sum of trade payables, other current liabilities, income tax payables, short-term provisions and short-term deferred tax liabilities.
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COMBINED GENERAL MEETING OF SHAREHOLDERS 2025 83 Disclaimer The information contained in this presentation has not been independently verified and no representation or warranty expressed or implied is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained herein. This presentation contains information about Legrand’s markets and its competitive position therein. Legrand is not aware of any authoritative industry or market reports that cover or address its market. Legrand assembles information on its markets through its subsidiaries, which in turn compile information on its local markets annually from formal and informal contacts with industry professionals, electrical-product distributors, building statistics, and macroeconomic data. Legrand estimates its position in its markets based on market data referred to above and on its actual sales in the relevant market for the same period. This document contains estimates and/or forward-looking statements including the financial situation, results and strategy of Legrand. Such statements do not constitute forecasts regarding Legrand’s results or any other performance indicator, but rather trends or targets, as the case may be. Investors and holders of Legrand securities are advised that these statements are by their nature subject to risks and uncertainties, many of which are outside Legrand’s control, including, but not limited to the risks described in Legrand’s 2024 Universal Registration Document, filed with the Autorité des marchés financiers (the French Financial Markets Authority, AMF) on April 9, 2025, under number D. 25-0236, and available on its Internet website (www.legrandgroup.com). These statements do not reflect future performance of Legrand, which may materially differ. These statements are made only as the date of this presentation and Legrand does not undertake to provide updates of these statements to reflect events that occur or circumstances that arise after the date of this document. As a consequence, Legrand, its affiliates, directors, advisors, employees and representatives, expressly do not assume any liability whatsoever for such estimates and/or forward-looking statements. The information set out in this document does not constitute or form part of, and should not be construed as, any recommendation for taking any action, including the acquisition or sale of any asset or any securities of Legrand or its subsidiaries. This document does not constitute an offer to sell, or a solicitation of an offer to buy securities of Legrand or its subsidiaries in any jurisdiction. Unsponsored ADRs Legrand does not sponsor an American Depositary Receipt (ADR) facility in respect of its shares. Any ADR facility currently in existence is “unsponsored” and has no ties whatsoever to Legrand. Legrand disclaims any liability in respect of any such facility.