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FULL-YEAR RESULTS2025 Feb. 12, 2026Full-year results2025
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FULL-YEAR RESULTS2025 FULL-YEAR RESULTS2025 1.Highlights2.2025 excellent financial and non-financial performance3.Deployment of strategic plan4.2026 full-year targets & 2030 ambitions5.Financial agenda & Corporate access6.Appendices 2 Content
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FULL-YEAR RESULTS2025 3 Highlights
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FULL-YEAR RESULTS2025 FULL-YEAR RESULTS2025 4 Record revenue growth of +13%1in 2025, driven by datacenters and acquisitions–+7.7% organic and +5.1% from acquisitionsExcellent financial and non-financial performance, fully in line with Group’s objectives–Adjusted operating margin (after acquisitions) : 20.7% of sales–Net profit attributable to the Group : 13.1% of sales–Free Cash Flow : €1.3 billion, 14.0% of sales–CSR roadmap achievement rate : +110% in 2025Deployment of strategic plan targeting €15 billion in sales by 2030–53% of 2025 sales related to the energy and digital transition–7 acquisitions announced in 2025, with 2 additional acquisitions announced today–Strong innovation momentum–Customer satisfaction high and rising2026: Legrand targets further sales growth of +10% to +15%¹ Highlights 1. Excluding currency effects
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FULL-YEAR RESULTS2025 5 2025 excellent financial and non-financial performance
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FULL-YEAR RESULTS2025110% +13.1%2LFL +7.7%, M&A +5.1% 61. For more information, see Legrand’s press releases dated February 13, July 17 & 31, and November 6, 20252. Excluding currency effects Revised upward in July+10% to12%2LFL +5% to+7%, M&A +5%2025 TARGETS1 2025 ACHIEVEMENTSales growthVery strong expansion in datacentersMuted building marketStrong acquisition momentumRevised upward in July20.5%to 21.0% of salesAdjusted EbitMargin after acquisitionsInvestment in innovation & productivityPricing power & US tariffs mitigation≥100%CSR achievement rateCompetitive advantage reinforcementFirst year of 2025-2027 roadmap 2025 - Legrand fully achieved its annual targets 20.7% of sales
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FULL-YEAR RESULTS2025 €8.6BN€9.5BN 2024 20257 +9.6% 1. Based on acquisitions announced as of today and their likely dates of consolidation, the 2026 full-year impact of scope changes would be close to +6%2. Based on the average exchange rates in January 2026 alone, the full-year exchange-rate effect on sales would be around -2.5% in 2026 +7.7% -3.1% OrganicExternal1FX2+5.1% Excl. currency effects+13.1%2025 – Change in net sales
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FULL-YEAR RESULTS2025 8 2025 – Organic sales trends by destinationREST OF THEWORLD19.8% OFGROUPAsia-Pacific +4.5%(12.6% of Group) Sharply up in India and MalaysiaDecline in Australia, sharp fall in ChinaAfrica-Middle East +5.8%(3.5% of Group) Sharp rise in the Middle East and in Africa, excluding a marked decline in AlgeriaSouth America -5.4%(3.7% of Group)Retreat in Brazil EUROPE38.0% OFGROUPMixed market overallSales increase notably in Germany, Italy, the Netherland and the United KingdomPartially offset by moderate declines in France or Spain NORTH& CENTRALAMERICA42.2% OFGROUPUnited States +17.0%(39.2% of Group) Remarkable performance of datacenters offeringsCanada & Mexico Growth in both countries+1.9%+16.0%+2.7% +7.7% organic growth, fueled by a remarkable performance in datacenters
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FULL-YEAR RESULTS2025 91. At 2024 scope of consolidation Adjusted operating marginOrganic evolution of marginAdjusted operating margin before acquisitions1Impact of acquisitionsAdjusted operating margin 202420252025 +0.1 pts 20.6%20.7% 20.5% +0.1 pts2025 – Adjusted operating margin Strength of Legrand’s strategic model and solid capacity to execute and adapt, particularly in a volatile environment linked to U.S. customs policies(around +$100M cost impact in 2025)
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FULL-YEAR RESULTS2025 101. Based on EBITDA in the last twelve months €1.2BN13.1% of salesGrowth in operating profit Stable corporate income tax rateUnfavorable change in financial result€1.3BN14.0% of sales 2025 – Solid value creation & balance sheetNET DEBT TOEBITDA1RATIONET PROFIT ATTRIBUTABLE TO THEGROUPFREECASHFLOW 1.9xend of 2025 Solid free cash flow with a conversion rate of 107% of net profit attributable to the Group,supporting sustained acquisition momentum while preserving balance sheet strength
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FULL-YEAR RESULTS2025 11 110% achievement for the first year of 2025-2027 6thCSR roadmap 2025 CSR performance - Roadmap’s achievement rates Serving our customers Being a Responsible Business MitigatingClimate ChangeDeveloping a more circular economyPromoting Diversity and Inclusion89% 123%102%123% 123%
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FULL-YEAR RESULTS2025 12 -19% reduction of Scope 1&2 CO2 emissions in 2025 PROMOTINGDIVERSITY& INCLUSIONMITIGATINGCLIMATECHANGE 31.3% of management positions (Grade Hay 14+) held by womenClose to 5,600 opportunities offered to early-in-careers in 2025 BEING ARESPONSIBLEBUSINESSDEVELOPING A MORECIRCULAR ECONOMYSERVINGOUR CUSTOMERS Close to 37% Sustainable Materials in the Group’s products-34% weight reduction of plastic primary packaging inmanufactured products6Mt CO2 emissions avoided in 2025 by our customers thanks to Legrand products74% of annual revenue covered by Product Sustainability Profiles-3% of FR2t rate (frequency rate of work accidents with and without lost time, including temporary workers)>97% of employees trained for at least 8 hours in 2025 2025 CSR performance - Examples of achievements
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FULL-YEAR RESULTS2025 131. Subject to the approval of shareholders at General Meeting on May 27, 2026 and payable on June 2, 2026This distribution will be made in full out of the distributable income2024 2025 €2.38€2.20+8.2% 50% payout 2025 – Attractive dividend1in line with capital allocation policy
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FULL-YEAR RESULTS2025 Deployment of strategic plan 14
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FULL-YEAR RESULTS2025 15 Energy & digital transition: 53% of our 2025 sales –Steady growth on the long run–Following building construction and renovation cycles 53%Energy and digital transition 5%Digital lifestyles 26%Datacenter 22%Energy transition2025SALES47%Essential infrastructures–Above construction market growth in the long run–Correlated to buoyant megatrends
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FULL-YEAR RESULTS2025 16 Numerous product launches throughout the year2025 – Products launched in datacenterDATACENTER ORv3 Power SystemHigh Power Track BuswayM70 Configuration tool Open Compute ORv3 RackAdvanced-SeriesContainment Door Universal outlet unitsKeor Flex 1200 HPR cabinet6,000A Busway PowerDistribution System ORV3 - Vertical DC Busbar
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FULL-YEAR RESULTS2025 17 HPi 33 Evo UPSDMX³ 2500 - 800 V ACGreen Up HomePhotovoltaic Panel Systems ENERGY TRANSITIONDIGITAL LIFESTYLESNumerous product launches throughout the year2025 – Products launched in energy transition and digital lifestyles Netatmo Advance DLM control panels Home +Pro App XL³ HP 6300 Radiant®Smart LightsGreen-I
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FULL-YEAR RESULTS2025 ESSENTIAL INFRASTRUCTURES 18 Arteor Advance NEXY Saros Duo Numerous product launches throughout the year2025 – Products launched in essential infrastructures Niloe Bonjun Zhihui Chief® Velocity Outdoor Pedestal System Seem Sweep 2 TiLED® Off-the-Wall dvLEDMounting Solutions
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FULL-YEAR RESULTS2025 191. CSAT: Customer SATisfaction: number of satisfied and very satisfied customers on number of customers’ responses2. NPS: Net Promoter Score: percentage of promoters minus percentage of detractors. “Great” level from 30 2023 2022 78%40CSAT1NPS2 2025 80%5478%44 Legrand leveraging digital innovation to strengthen customer excellence CUSTOMER SATISFACTION HIGH AND RISINGEXAMPLE OF AGENT-BASED TOOLS Customer-centric digital transformation 2024 80%51>576 k customers in 79 countriesStructured, audited, and supported by targetedimprovement plansGaia – Automated generation of product dataElia – Before and after sales product assistanceInstant responses on the full set of data across 200,000 product references
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FULL-YEAR RESULTS2025 Dutch software player in connected healthcareAsian reference specialist in power busbarsSwiss specialist in busbarsLeading Portuguese player in electricaland digital modular distribution boards20 DatacentersEnergy transition Digital Lifestyles Australian leading player in white space infrastructure French specialist in access controlM&A: strong acquisition momentum U.S. leader in load banks1 7 acquisitions announced in 2025 representing €500M in additional annualized revenue1. Load banks: equipment that simulates an electrical load to test the reliability of power supply systems
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FULL-YEAR RESULTS2025 21 M&A: 2 acquisitions announced today in datacenters Power distribution systemsDenver, USASales ~$100MTechnical infrastructure servicesSão Paulo, BrazilSales ~€45M
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FULL-YEAR RESULTS2025 2026 full-year targets2030 ambitions 22
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FULL-YEAR RESULTS2025 2026 full-year targets 231. For further information, please refer to documents published in the Capital Markets Day 2024 - Legrandsection2. For further information, please refer to documents published in the CSR Capital Markets Day 2025 - Legrandsection In 2026, the Group will continue to accelerate its profitable and responsible growth momentum, in line with its strategic roadmap1.Taking into account the current global macroeconomic outlook, a very strong datacenter market, and a modest recovery in the building sector, Legrand is targeting the following in 2026: - sales growth (excluding currency effects) of between +10% and +15%, comprising organic growth of between +4% and+7%, and growth through acquisitions of between +6% and +8%;- adjusted operating margin (after acquisitions) of 20.5% to 21.0% of sales;- a CSR achievement rate of at least 100% for the second year of its 2025-2027 roadmap2.
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FULL-YEAR RESULTS2025 2030 ambitions 24 Building on its achievements and taking into account both observed and expected market trends, Legrand is confident in itsability to reach the upper end of its2030 sales target range, around €15 billion, withaverage annual sales growth of close to+10%excluding currency effects, andaverage adjusted operating margin above 20%of sales (compared with the previouslytargeted level of around 20% in average).
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FULL-YEAR RESULTS2025 Financial agenda & Corporate access 25
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FULL-YEAR RESULTS2025 FULL-YEAR RESULTS2025 Key Financial Dates 26 General AssemblyJuly 29, 2026Q1 2026 ReleaseMay 7 , 2026H1 2026 ReleaseMay 27 , 2026
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FULL-YEAR RESULTS2025 271. Planned dates and participants may change RoadshowsLegrand participantsLocationBrokerDate Management (C-suite)ParisBNP ParibasFeb. 13 & 16, 2026Management (C-suite)LondonGoldman SachsFeb. 18 & 19, 2026Management (C-suite)FrankfurtDeutsche BankFeb. 24, 2026Management (C-suite)New YorkJefferiesFeb. 24, 2026Management (C-suite)ChicagoJefferiesFeb. 25, 2026Management (C-suite)Australia - VirtualMacquarieFeb. 25, 2026Management (C-suite)TorontoRBC Capital MarketsFeb. 26, 2026Management (C-suite)Middle East - VirtualBank of AmericaFeb. 26, 2026Management (C-suite)StockholmKepler CheuvreuxMarch 3, 2026Management (C-suite)GenevaCIC Market SolutionsMarch 5, 2026Management (C-suite)Asia - VirtualMacquarieMarch 6, 2026IR TeamMilanCIC Market SolutionsJune 2, 2026 2026 Corporate access calendar1
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FULL-YEAR RESULTS2025 281. Planned dates and participants may change ConferencesLegrand participantsLocationConferenceDate Management (C-suite)MiamiBarclays - Industrial Select ConferenceFeb. 18, 2026Management (C-suite)MiamiCiti - Global Industrial Tech and MobilityFeb. 19, 2026Management (C-suite)ParisBarclays - European Industrial Days March 4, 2026Management (C-suite)LondonBNP Paribas - Transforming Industrials, Materials and Energy March 17, 2026IR TeamVirtualUBS - Best of Europe Virtual One-on-One May 12, 2026Management (C-suite)VirtualJP Morgan - ESG Series CallMay 18, 2026Management (C-suite)LondonJP Morgan - European Industrials ConferenceJune 17, 2026Management (C-suite)LondonNorges - Buy-Side Global Industrials ConferenceJune 18, 2026IR TeamVirtualUBS - Quo Vadis IndustrialsSep. 17, 2026IR TeamAbu DhabiBNP Paribas - Middle East ConferenceNov. 24, 2026Management (C-suite)LondonGoldman Sachs - Global Industrials Dec. 02, 2026IR TeamParisCIC Market Solutions - CIC Forum Dec. 08, 2026 2026 Corporate access calendar1
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FULL-YEAR RESULTS2025 Appendices 29
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FULL-YEAR RESULTS2025 30 Adjusted operating profitis defined as operating profit adjusted for amortization and depreciation of revaluation of assets at the time of acquisitions and for other P&Limpacts relating to acquisitions, and where applicable, impairment of goodwill.Cash flow from operationsis defined as net cash from operating activities excluding changes in working capital requirement.CSRstands for Corporate Social Responsibility.EBITDAis defined as operating profit plus depreciation and impairment of tangible and right of use assets, amortization and impairment of intangible assets (includingcapitalized development costs) and impairment of goodwill.Free cash flowis defined as the sum of net cash from operating activities and net proceeds on assets disposal, less capital expenditure and capitalized developmentcosts.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.Payoutis 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 at December 31 of that year, excluding shares held in treasury.Working capital requirementis defined as the sum of trade receivables, inventories, other current assets, income tax receivables and short-term deferred tax assets, lessthe sum of trade payables, other current liabilities, income tax payables, short-term provisions and short-term deferred tax liabilities. Glossary
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FULL-YEAR RESULTS2025 Breakdown of change in FY 2025 net sales by destination (€mm) FY 2024 FY 2025EuropeRest of the WorldNorth & Central America-3.1% FX+5.1%1Scope ofconsolidation +7.7%Organic growth+9.6%Total Change in net sales 1.Due to the consolidation of ZPE, Netrack, Enovation, Vass, Davenham, UPSistemas, APP, Power Bus Way, Performation, CRS, Linkk, Quiterios & Avtron31 8ௗ648,99ௗ480,667,4 576,7 52,7 - 302,1 437,0 831,7
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FULL-YEAR RESULTS2025 2025– net sales by destination(1) 1.Market where sales are recorded32 In € millions 2024 2025Total ChangeScope of ConsolidationLike-for-Like GrowthCurrency EffectEurope3,458.4 3,603.74.2%3.1%1.9%-0.8%North and Central America3,465.8 4,001.815.5%4.0%16.0%-4.3%Rest of the World1,724.7 1,875.18.7%11.2%2.7%-4.8%Total 8,648.9 9,480.69.6%5.1%7.7%-3.1%
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FULL-YEAR RESULTS2025 2025 First quarter – net sales by destination1 1.Market where sales are recorded33 In € millions Q1 2024 Q1 2025Total ChangeScope of ConsolidationLike-for-Like GrowthCurrency EffectEurope886.0 932.45.2%5.0%-0.3%0.5%North and Central America757.9 929.922.7%0.9%18.7%2.4%Rest of the World384.3 415.58.1%4.1%4.8%-0.9%Total 2,028.2 2,277.812.3%3.3%7.6%1.0%
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FULL-YEAR RESULTS2025 2025 Second quarter – net sales by destination1 1.Market where sales are recorded34 In € millions Q2 2024 Q2 2025Total ChangeScope of ConsolidationLike-for-Like GrowthCurrency EffectEurope862.9 919.06.5%5.0%2.3%-0.8%North and Central America880.6 1,094.824.3%6.9%22.0%-4.7%Rest of the World438.6 482.710.1%14.0%2.1%-5.4%Total 2,182.1 2,496.514.4%7.6%10.1%-3.4%
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FULL-YEAR RESULTS2025 2025 Third quarter – net sales by destination1 1.Market where sales are recorded35 In € millions Q3 2024 Q3 2025Total ChangeScope of ConsolidationLike-for-Like GrowthCurrency EffectEurope748.8 818.39.3%7.0%2.7%-0.5%North and Central America858.4 952.210.9%4.1%13.3%-5.9%Rest of the World411.5 426.53.7%9.7%0.7%-6.2%Total 2,018.7 2,197.18.8%6.3%6.7%-4.0%
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FULL-YEAR RESULTS2025 2025 Fourth quarter – net sales by destination1 1.Market where sales are recorded36 In € millions Q4 2024 Q4 2025Total ChangeScope of ConsolidationLike-for-Like GrowthCurrency EffectEurope960.7 934.0-2.8%-3.5%3.0%-2.2%North and Central America968.9 1,024.95.8%3.6%10.7%-7.8%Rest of the World490.3 550.312.2%15.5%3.5%-6.1%Total 2,419.9 2,509.23.7%3.2%6.2%-5.4%
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FULL-YEAR RESULTS2025 2025 – net sales by origin(1) 1.Zone of origin of the product sold37 In € millions 2024 2025Total ChangeScope of ConsolidationLike-for-Like GrowthCurrency EffectEurope3,634.0 3,834.15.5%3.5%2.7%-0.7%North and Central America3,504.7 4,012.314.5%3.5%15.6%-4.3%Rest of the World1,510.2 1,634.28.2%12.5%1.7%-5.4%Total 8,648.9 9,480.69.6%5.1%7.7%-3.1%
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FULL-YEAR RESULTS20251.Zone of origin of the product sold 2025 First quarter – net sales by origin1 38 In € millions Q1 2024 Q1 2025Total ChangeScope of ConsolidationLike-for-Like GrowthCurrency EffectEurope918.9 974.06.0%5.0%0.4%0.5%North and Central America767.5 940.522.5%0.7%18.8%2.4%Rest of the World341.8 363.36.3%4.6%2.8%-1.1%Total 2,028.2 2,277.812.3%3.3%7.6%1.0%
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FULL-YEAR RESULTS20251.Zone of origin of the product sold 2025 Second quarter – net sales by origin1 39 In € millions Q2 2024 Q2 2025Total ChangeScope of ConsolidationLike-for-Like GrowthCurrency EffectEurope898.4 965.67.5%6.8%1.4%-0.8%North and Central America891.8 1,103.323.7%5.3%23.2%-4.7%Rest of the World391.9 427.69.1%14.4%1.3%-5.9%Total 2,182.1 2,496.514.4%7.6%10.1%-3.4%
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FULL-YEAR RESULTS20251.Zone of origin of the product sold 2025 Third quarter – net sales by origin1 40 In € millions Q3 2024 Q3 2025Total ChangeScope of ConsolidationLike-for-Like GrowthCurrency EffectEurope787.0 872.210.8%8.7%2.8%-0.8%North and Central America868.9 965.011.1%2.9%14.7%-5.9%Rest of the World362.8 359.9-0.8%9.5%-2.8%-6.8%Total 2,018.7 2,197.18.8%6.3%6.7%-4.0%
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FULL-YEAR RESULTS20251.Zone of origin of the product sold 2025 Fourth quarter – net sales by origin1 41 In € millions Q4 2024 Q4 2025Total ChangeScope of ConsolidationLike-for-Like GrowthCurrency EffectEurope1,029.7 1,022.3-0.7%-4.5%6.1%-2.1%North and Central America976.5 1,003.52.8%4.4%7.0%-8.0%Rest of the World413.7 483.416.8%19.4%4.8%-6.6%Total 2,419.9 2,509.23.7%3.2%6.2%-5.4%
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FULL-YEAR RESULTS2025 2025 – P&L 1.20.6% excluding acquisitions (at 2024 scope of consolidation)42 In € millions2024 2025% changeNet sales 8,648.9 9,480.6 +9.6%Gross profit 4,466.1 4,818.6 +7.9%as % of sales 51.6% 50.8%Adjusted operating profit 1,776.0 1,962.3 +10.5%as % of sales 20.5% 20.7%(1)Amortization & depreciation of revaluation of assets at the time of acquisitions and other P&L impacts relating to acquisitions(133.3) (153.8)Impairment of goodwill 0.0 0.0 Operating profit 1,642.7 1,808.5 +10.1%as % of sales 19.0% 19.1%Financial income (costs) (50.9) (92.2)Exchange gains (losses) (13.9) (25.2)Income tax expense (409.0) (438.8)Share of profits (losses) of equity-accounted entities 0.0 0.0 Profit 1,168.9 1,252.3 +7.1%Net profit attributable to the Group 1,166.4 1,244.6 +6.7%
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FULL-YEAR RESULTS2025 2025 First quarter – P&L 1.20.7% excluding acquisitions (at 2024 scope of consolidation)43 In € millionsQ1 2024 Q1 2025% changeNet sales 2,028.2 2,277.8 +12.3%Gross profit 1,076.2 1,194.0 +10.9%as % of sales 53.1% 52.4%Adjusted operating profit 415.9 470.4 +13.1%as % of sales 20.5% 20.7%(1)Amortization & depreciation of revaluation of assets at the time of acquisitions and other P&L impacts relating to acquisitions(28.4) (36.2)Impairment of goodwill 0.0 0.0 Operating profit 387.5 434.2 +12.1%as % of sales 19.1% 19.1%Financial income (costs) (5.4) (20.3)Exchange gains (losses) (9.0) (5.1)Income tax expense (97.0) (114.5)Share of profits (losses) of equity-accounted entities 0.0 0.0 Profit 276.1 294.3 +6.6%Net profit attributable to the Group 275.9 293.3 +6.3%
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FULL-YEAR RESULTS2025 2025 Second quarter – P&L 1.21.1% excluding acquisitions (at 2024 scope of consolidation)44 In € millionsQ2 2024 Q2 2025% changeNet sales 2,182.1 2,496.5 +14.4%Gross profit 1,138.0 1,278.4 +12.3%as % of sales 52.2% 51.2%Adjusted operating profit 457.2 533.0 +16.6%as % of sales 21.0% 21.3%(1)Amortization & depreciation of revaluation of assets at the time of acquisitions and other P&L impacts relating to acquisitions(33.2) (36.2)Impairment of goodwill 0.0 0.0 Operating profit 424.0 496.8 +17.2%as % of sales 19.4% 19.9%Financial income (costs) (6.3) (18.3)Exchange gains (losses) 0.3 (12.7)Income tax expense (116.4) (130.3)Share of profits (losses) of equity-accounted entities 0.0 0.0 Profit 301.6 335.5 +11.2%Net profit attributable to the Group 301.7 334.8 +11.0%
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FULL-YEAR RESULTS2025 2025 Third quarter – P&L 1.19.8% excluding acquisitions (at 2024 scope of consolidation)45 In € millionsQ3 2024 Q3 2025% changeNet sales 2,018.7 2,197.1 +8.8%Gross profit 1,032.2 1,110.5 +7.6%as % of sales 51.1% 50.5%Adjusted operating profit 403.0 440.4 +9.3%as % of sales 20.0% 20.0%(1)Amortization & depreciation of revaluation of assets at the time of acquisitions and other P&L impacts relating to acquisitions(24.8) (38.9)Impairment of goodwillOperating profit 378.2 401.5 +6.2%as % of sales 18.7% 18.3%Financial income (costs) (19.9) (30.6)Exchange gains (losses) (7.7) (3.1)Income tax expense (94.4) (103.2)Share of profits (losses) of equity-accounted entities 0.0 0.0 Profit 256.2 264.6 +3.3%Net profit attributable to the Group 256.1 264.2 +3.2%
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FULL-YEAR RESULTS2025 2025 Fourth quarter – P&L 1.20.6% excluding acquisitions (at 2025 scope of consolidation)46 In € millionsQ4 2024 Q4 2025% changeNet sales 2,419.9 2,509.2 +3.7%Gross profit 1,219.7 1,235.7 +1.3%as % of sales 50.4% 49.2%Adjusted operating profit 499.9 518.5 +3.7%as % of sales 20.7% 20.7%(1)Amortization & depreciation of revaluation of assets at the time of acquisitions and other P&L impacts relating to acquisitions(46.9) (42.5)Impairment of goodwillOperating profit 453.0 476.0 +5.1%as % of sales 18.7% 19.0%Financial income (costs) (19.3) (23.0)Exchange gains (losses) 2.5 (4.3)Income tax expense (101.2) (90.8)Share of profits (losses) of equity-accounted entitiesProfit 335.0 357.9 +6.8%Net profit attributable to the Group 332.7 352.3 +5.9%
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FULL-YEAR RESULTS2025 2025– adjusted operating profit before and after other operating income (expense) by geographical region 1.Restructuring (€64.6m) and other miscellaneous items (€87.7m)47 2025(in € millions)EuropeNorth and Central AmericaRest ofthe WorldTotalNet sales 3,834.1 4,012.3 1,634.2 9,480.6 Cost of sales (1,749.2) (1,988.3) (924.5) (4,662.0)Administrative and selling expenses, R&D costs (1,219.5) (1,225.2) (413.1) (2,857.8)Reversal of (i) amortization & depreciation of revaluation of assets at the time of acquisitions and other P&L impacts relating to acquisitions and, (ii) where applicable, impairment of goodwill54.1 89.7 10.0 153.8Adjusted operating profit before other operating income (expense)919.5 888.5 306.6 2,114.6 as % of sales 24.0% 22.1% 18.8% 22.3%Other operating income (expense) (54.7) (67.0) (30.6) (152.3)(1)Reversal of (i) amortization & depreciation of revaluation of assets at the time of acquisitions and other P&L impacts relating to acquisitions and, (ii) where applicable, impairment of goodwill0.0 0.0 0.0 0.0 Adjusted operating profit 864.8 821.5 276.0 1,962.3 as % of sales 22.6% 20.5% 16.9% 20.7%
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FULL-YEAR RESULTS2025 2024– adjusted operating profit before and after other operating income (expense) by geographical region 1.Restructuring (€76.8m) and other miscellaneous items (€62.9m)48 2024(in € millions)EuropeNorth and Central AmericaRest ofthe WorldTotalNet sales 3,634.0 3,504.7 1,510.2 8,648.9 Cost of sales (1,668.2) (1,686.7) (827.9) (4,182.8)Administrative and selling expenses, R&D costs (1,128.8) (1,153.6) (401.3) (2,683.7)Reversal of (i) amortization & depreciation of revaluation of assets at the time of acquisitions and other P&L impacts relating to acquisitions and, (ii) where applicable, impairment of goodwill34.6 83.0 13.5 131.1Adjusted operating profit before other operating income (expense)871.6 747.4 294.5 1,913.5 as % of sales 24.0% 21.3% 19.5% 22.1%Other operating income (expense) (35.8) (86.0) (17.9) (139.7)(1)Reversal of (i) amortization & depreciation of revaluation of assets at the time of acquisitions and other P&L impacts relating to acquisitions and, (ii) where applicable, impairment of goodwill2.2 0.0 0.0 2.2 Adjusted operating profit 838.0 661.4 276.6 1,776.0 as % of sales 23.1% 18.9% 18.3% 20.5%
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FULL-YEAR RESULTS2025 2025 First quarter – adjusted operating profit before and after other operating income (expense) by geographical region 1.Restructuring (€16.7m) and other miscellaneous items (€27.5m)49 Q1 2025(in € millions)EuropeNorth and Central AmericaRest ofthe WorldTotalNet sales 974.0 940.5 363.3 2,277.8 Cost of sales (433.2) (446.9) (203.7) (1,083.8)Administrative and selling expenses, R&D costs (318.5) (301.1) (96.0) (715.6)Reversal of (i) amortization & depreciation of revaluation of assets at the time of acquisitions and other P&L impacts relating to acquisitions and, (ii) where applicable, impairment of goodwill12.2 21.9 2.1 36.2Adjusted operating profit before other operating income (expense)234.5 214.4 65.7 514.6 as % of sales 24.1% 22.8% 18.1% 22.6%Other operating income (expense) (14.8) (22.3) (7.1) (44.2)(1)Reversal of (i) amortization & depreciation of revaluation of assets at the time of acquisitions and other P&L impacts relating to acquisitions and, (ii) where applicable, impairment of goodwill0.0 0.0 0.0 0.0 Adjusted operating profit 219.7 192.1 58.6 470.4 as % of sales 22.6% 20.4% 16.1% 20.7%
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FULL-YEAR RESULTS20251.Restructuring (€12.7m) and other miscellaneous items (€19.5m) 2024 First quarter – adjusted operating profit before and after other operating income (expense) by geographical region 50 Q1 2024(in € millions)EuropeNorth and Central AmericaRest ofthe WorldTotalNet sales 918.9 767.5 341.8 2,028.2 Cost of sales (411.2) (357.3) (183.5) (952.0)Administrative and selling expenses, R&D costs (286.3) (276.9) (93.3) (656.5)Reversal of (i) amortization & depreciation of revaluation of assets at the time of acquisitions and other P&L impacts relating to acquisitions and, (ii) where applicable, impairment of goodwill5.4 18.8 2.0 26.2Adjusted operating profit before other operating income (expense)226.8 152.1 67.0 445.9 as % of sales 24.7% 19.8% 19.6% 22.0%Other operating income (expense) (15.5) (11.9) (4.8) (32.2)(1)Reversal of (i) amortization & depreciation of revaluation of assets at the time of acquisitions and other P&L impacts relating to acquisitions and, (ii) where applicable, impairment of goodwill2.2 0.0 0.0 2.2 Adjusted operating profit 213.5 140.2 62.2 415.9 as % of sales 23.2% 18.3% 18.2% 20.5%
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FULL-YEAR RESULTS2025 2025 Second quarter – adjusted operating profit before and after other operating income (expense) by geographical region 1.Restructuring (€17.5m) and other miscellaneous items (€28.7m)51 Q2 2025(in € millions)EuropeNorth and Central AmericaRest ofthe WorldTotalNet sales 965.6 1,103.3 427.6 2,496.5 Cost of sales (432.1) (552.5) (233.5) (1,218.1)Administrative and selling expenses, R&D costs (306.1) (321.3) (108.0) (735.4)Reversal of (i) amortization & depreciation of revaluation of assets at the time of acquisitions and other P&L impacts relating to acquisitions and, (ii) where applicable, impairment of goodwill13.4 20.3 2.5 36.2Adjusted operating profit before other operating income (expense)240.8 249.8 88.6 579.2 as % of sales 24.9% 22.6% 20.7% 23.2%Other operating income (expense) (22.3) (12.5) (11.4) (46.2)(1)Reversal of (i) amortization & depreciation of revaluation of assets at the time of acquisitions and other P&L impacts relating to acquisitions and, (ii) where applicable, impairment of goodwill0.0 0.0 0.0 0.0 Adjusted operating profit 218.5 237.3 77.2 533.0 as % of sales 22.6% 21.5% 18.1% 21.3%
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FULL-YEAR RESULTS2025 2024 Second quarter – adjusted operating profit before and after other operating income (expense) by geographical region 1.Restructuring (€29.3m) and other miscellaneous items (€8.1m)52 Q2 2024(in € millions)EuropeNorth and Central AmericaRest ofthe WorldTotalNet sales 898.4 891.8 391.9 2,182.1 Cost of sales (399.5) (433.6) (211.0) (1,044.1)Administrative and selling expenses, R&D costs (285.8) (289.3) (101.5) (676.6)Reversal of (i) amortization & depreciation of revaluation of assets at the time of acquisitions and other P&L impacts relating to acquisitions and, (ii) where applicable, impairment of goodwill10.7 20.3 2.2 33.2Adjusted operating profit before other operating income (expense)223.8 189.2 81.6 494.6 as % of sales 24.9% 21.2% 20.8% 22.7%Other operating income (expense) (4.8) (30.6) (2.0) (37.4)(1)Reversal of (i) amortization & depreciation of revaluation of assets at the time of acquisitions and other P&L impacts relating to acquisitions and, (ii) where applicable, impairment of goodwill0.0 0.0 0.0 0.0 Adjusted operating profit 219.0 158.6 79.6 457.2 as % of sales 24.4% 17.8% 20.3% 21.0%
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FULL-YEAR RESULTS2025 2025 Third quarter – adjusted operating profit before and after other operating income (expense) by geographical region 1.Restructuring (€17.7m) and other miscellaneous items (€13.5m)53 Q3 2025(in € millions)EuropeNorth and Central AmericaRest ofthe WorldTotalNet sales 872.2 965.0 359.9 2,197.1 Cost of sales (413.5) (471.9) (201.2) (1,086.6)Administrative and selling expenses, R&D costs (285.1) (293.2) (99.5) (677.8)Reversal of (i) amortization & depreciation of revaluation of assets at the time of acquisitions and other P&L impacts relating to acquisitions and, (ii) where applicable, impairment of goodwill12.1 23.6 3.2 38.9Adjusted operating profit before other operating income (expense)185.7 223.5 62.4 471.6 as % of sales 21.3% 23.2% 17.3% 21.5%Other operating income (expense) (18.1) (11.1) (2.0) (31.2)(1)Reversal of (i) amortization & depreciation of revaluation of assets at the time of acquisitions and other P&L impacts relating to acquisitions and, (ii) where applicable, impairment of goodwill0.0 0.0 0.0 0.0 Adjusted operating profit 167.6 212.4 60.4 440.4 as % of sales 19.2% 22.0% 16.8% 20.0%
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FULL-YEAR RESULTS2025 2024 Third quarter – adjusted operating profit before and after other operating income (expense) by geographical region 1.Restructuring (€11.2m) and other miscellaneous items (€20.9m)54 Q3 2024(in € millions)EuropeNorth and Central AmericaRest ofthe WorldTotalNet sales 787.0 868.9 362.8 2,018.7 Cost of sales (368.6) (417.9) (200.0) (986.5)Administrative and selling expenses, R&D costs (251.6) (273.6) (96.7) (621.9)Reversal of (i) amortization & depreciation of revaluation of assets at the time of acquisitions and other P&L impacts relating to acquisitions and, (ii) where applicable, impairment of goodwill3.3 18.6 2.9 24.8Adjusted operating profit before other operating income (expense)170.1 196.0 69.0 435.1 as % of sales 21.6% 22.6% 19.0% 21.6%Other operating income (expense) (13.0) (16.5) (2.6) (32.1)(1)Reversal of (i) amortization & depreciation of revaluation of assets at the time of acquisitions and other P&L impacts relating to acquisitions and, (ii) where applicable, impairment of goodwill0.0 0.0 0.0 0.0Adjusted operating profit 157.1 179.5 66.4 403.0 as % of sales 20.0% 20.7% 18.3% 20.0%
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FULL-YEAR RESULTS2025 2025 Fourth quarter – adjusted operating profit before and after other operating income (expense) by geographical region 1.Restructuring (€12.7m) and other miscellaneous items (€18.0m)55 Q4 2025(in € millions)EuropeNorth and Central AmericaRest ofthe WorldTotalNet sales 1,022.3 1,003.5 483.4 2,509.2 Cost of sales (470.4) (517.0) (286.1) (1,273.5)Administrative and selling expenses, R&D costs (309.8) (309.6) (109.6) (729.0)Reversal of (i) amortization & depreciation of revaluation of assets at the time of acquisitions and other P&L impacts relating to acquisitions and, (ii) where applicable, impairment of goodwill16.4 23.9 2.2 42.5Adjusted operating profit before other operating income (expense)258.5 200.8 89.9 549.2 as % of sales 25.3% 20.0% 18.6% 21.9%Other operating income (expense) 0.5 (21.1) (10.1) (30.7)(1)Reversal of (i) amortization & depreciation of revaluation of assets at the time of acquisitions and other P&L impacts relating to acquisitions and, (ii) where applicable, impairment of goodwill0.0 0.0 0.0 0.0 Adjusted operating profit 259.0 179.7 79.8 518.5 as % of sales 25.3% 17.9% 16.5% 20.7%
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FULL-YEAR RESULTS2025 2024 Fourth quarter – adjusted operating profit before and after other operating income (expense) by geographical region 1.Restructuring (€23.6m) and other miscellaneous items (€14.4m)56 Q4 2024(in € millions)EuropeNorth and Central AmericaRest ofthe WorldTotalNet sales 1,029.7 976.5 413.7 2,419.9 Cost of sales (488.9) (477.9) (233.4) (1,200.2)Administrative and selling expenses, R&D costs (305.1) (313.8) (109.8) (728.7)Reversal of (i) amortization & depreciation of revaluation of assets at the time of acquisitions and other P&L impacts relating to acquisitions and, (ii) where applicable, impairment of goodwill15.2 25.3 6.4 46.9Adjusted operating profit before other operating income (expense)250.9 210.1 76.9 537.9 as % of sales 24.4% 21.5% 18.6% 22.2%Other operating income (expense) (2.5) (27.0) (8.5) (38.0)(1)Reversal of (i) amortization & depreciation of revaluation of assets at the time of acquisitions and other P&L impacts relating to acquisitions and, (ii) where applicable, impairment of goodwill0.0 0.0 0.0 0.0 Adjusted operating profit 248.4 183.1 68.4 499.9 as % of sales 24.1% 18.8% 16.5% 20.7%
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FULL-YEAR RESULTS2025 2025 – reconciliation of cash flow from operations with profit 57 In € millions2024 2025Profit 1,168.9 1,252.3Depreciation, amortization and impairment 384.9 415.2Changes in other non-current assets and liabilities and long-term deferred taxes 35.5 31.4 Unrealized exchange (gains)/losses 0.1 1.0 (Gains)/losses on sales of assets, net 1.4 4.4 Other adjustments 7.8 11.3 Cash flow from operations 1,598.6 1,715.6
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FULL-YEAR RESULTS2025 2025 – reconciliation of free cash flow with cash flow from operations 58 In € millions2024 2025% changeCash flow from operations 1,598.6 1,715.6 +7.3%as % of sales 18.5% 18.1%Decrease (Increase) in working capital requirement (75.3) (138.8)Net cash provided from operating activities 1,523.3 1,576.8 +3.5%as % of sales 17.6% 16.6%Capital expenditure (including capitalized development costs) (239.6) (248.7)Net proceeds on asset disposals 6.8 2.7 Free cash flow 1,290.5 1,330.8 +3.1%as % of sales 14.9% 14.0%
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FULL-YEAR RESULTS2025 FY9MH1Q12024Full consolidated method12 months9 months6 monthsBalance sheet onlyMSS 12 monthsBalance sheet onlyBalance sheet onlyBalance sheet onlyZPE SYSTEMS7 monthsBalance sheet onlyBalance sheet onlyENOVATION9 monthsBalance sheet onlyBalance sheet onlyNETRACK6 monthsBalance sheet onlyBalance sheet onlyDAVENHAM7 monthsBalance sheet onlyBalance sheet onlyVASS Balance sheet onlyBalance sheet onlyUPSISTEMASBalance sheet onlyAPP Balance sheet onlyPOWERBUSWAY Scope of consolidation (1/2) 59
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FULL-YEAR RESULTS2025 Scope of consolidation (2/2) 60 FY9MH1Q12025Full consolidated method12 months9 months6 months3 monthsMSS 12 months9 months6 months3 monthsZPE SYSTEMS12 months9 months6 months3 monthsENOVATION12 months9 months6 months3 monthsNETRACK12 months9 months6 months3 monthsDAVENHAM12 months9 months6 months3 monthsVASS 12 months9 months6 months3 monthsUPSISTEMAS12 months9 months6 monthsBalance sheet onlyAPP 12 months9 months6 monthsBalance sheet onlyPOWERBUSWAY 11 monthsBalance sheet onlyBalance sheet onlyBalance sheet onlyPERFORMATION9 monthsBalance sheet onlyBalance sheet onlyBalance sheet onlyCRS 6 monthsBalance sheet onlyLINKKBUSWAYSYSTEMSBalance sheet onlyBalance sheet onlyAMPERIOPROJECT5 monthsBalance sheet onlyQUITÉRIOSBalance sheet onlyCOGELEC2 monthsAVTRONPOWERS.
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FULL-YEAR RESULTS2025 FULL-YEAR RESULTS2025 61 INVESTOR RELATIONSLEGRANDRonan MARCTel: +33 (0)1 49 72 53 53ronan.marc@legrand.comPRESS RELATIONSTBWA CorporateLucie DAUDIGNYMob: +33 (0)6 77 20 71 11lucie.daudigny@tbwa-corporate.com
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FULL-YEAR RESULTS2025 62 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 relianceshould 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 reportsthat cover or address its markets. Legrand assembles information on its markets through its subsidiaries, which in turn compile information on their own local marketsannually from formal and informal contacts with industry professionals, electrical-product distributors, building statistics, and macroeconomic data. Legrand estimates itsposition in its markets based on the 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, themselves derived from reasonable hypothesis and opinions, including regarding the financialsituation, the situation regarding relevant sustainability matters, results and strategy of Legrand. Such estimates and statements are generally identified by the words“expect, ” “believe, ” “plan, ” “anticipate, ” “could, ” “forecast, ” , “intend” , “potential” , or “outlook” as well as other similar terms.These estimates/forward-looking statements do not constitute forecasts regarding Legrand’s results or any other performance indicator, but rather describe trends ortargets, 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 ofwhich are outside Legrand’s control, including, but not limited to the risks described in Legrand’s 2024 Universal Registration Document, filed with the Autorité desmarchés financiers (the French Financial Markets Authority, AMF) on 9 April 2025 under number D. 25-0236, and available on its Internet website (www.legrand.com).These statements do not reflect future performance of Legrand, which may materially differ. These statements are made only as of the date of this presentation andLegrand 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 aconsequence, Legrand, its affiliates, directors, advisors, employees and representatives, expressly do not assume any liability whatsoever for such estimates and/orforward-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 theacquisition 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 buysecurities of Legrand or its subsidiaries in any jurisdiction.Unsponsored ADRsLegrand does not sponsor an American Depositary Receipts (ADR) facility in respect of its shares. Any ADR facility currently in existence is “unsponsored” and has noties whatsoever to Legrand. Legrand disclaims any liability in respect of any such facility. Disclaimer