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Thermador- Groupe LETTER TO SHAREHOLDERS Nº104 October 15 , 2021 Dear Shareholder , Here are the main indicators on the current situation of our group . TURNOVER AT SEPTEMBER 30 , + 27.3 % AT CONSTANT SCOPE : + 24.7 % 2021 In thousands of euros 2021 Constant scope * 2020 Variation 2021/2020 Variation 2021 Constant scope * Variation 2021 Constant scope * / 2020 / 2019 Total at 30 September - according to IFRS 15 376,836 369,293 296,075 27.3 % 24.7 % 25.6 % 1st quarter 127,007 121,513 94,952 33.8 % 28.0 % 28.7 % 2nd quarter 3rd quarter 135,742 133,693 92,917 114,087 114,087 108,206 46.1 % 43.9 % 31.1 % 5.4 % 5.4 % 16.6 % Breakdown by business : Mecafer and Domac , equipment tools 27,165 27,165 23,478 15.7 % 15.7 % 23.9 % Dipra / Rousseau , pumps , technical plumbing 54,589 54,589 47,536 14.8 % 14.8 % 27.1 % accessories and taps Isocel , supply of components to OEM 6,434 6,434 4,567 40.9 % 40.9 % 37.1 % Aello , equipment for swimming pools 16,852 16,852 11,003 53.2 % 53.2 % 113.1 % Jetly , pumps 45,197 45,197 39,255 15.1 % 15.1 % 15.0 % Thermador , central heating and domestic water accessories 54,651 54,651 34,565 58.1 % 58.1 % 62.6 % PBtub Heating cooling surfaces 21,780 21,780 16,875 29.1 % 29.1 % 13.9 % Thermacome and piping systems 17,362 9,819 7,638 127.3 % 28.6 % Not available ** Axelair , ventilation equipment and accessories 4,551 4,551 4,935 -7.8 % -7.8 % -3.7 % Sferaco , valves , meters and connectors 53,447 53,447 40,776 31.1 % 31.1 % 20.3 % Sectoriel , motorised valves 19,882 19,882 16,084 23.6 % 23.6 % 22.5 % and air compressors Distrilabo , measure and control FGinox , stainless steel connectors , flanges , 4,655 12,679 12,679 10,714 4,655 3,586 29.8 % 29.8 % Not available ** 18.3 % 18.3 % 4.0 % valves and accessories Syveco , international Sodeco Valves , industrial valves Other structures 239 22,489 22,489 14,864 14,864 239 19,290 16.6 % 16.6 % 9.4 % 15,534 239 -4.3 % -4.3 % 2.0 % 0.0 % 0.0 % 2.6 % * 2021 turnover : with the acquisition of Thermacome on April 30 , 2020 by Thermador Groupe , its sales are consolidated since 1 May 2020 . ** Distrilabo and Thermacome were acquired on December 31 , 2019 and April 30 , 2020 respectively . Sales data for 2019 are not available . ../ .. Head office : Parc d'Activités de Chesnes - 80 , rue du Ruisseau - CS 10710-38297 SAINT - QUENTIN - FALLAVIER CEDEX - FRANCE Tel . +33 474 95 63 28 - email : actionnaires@thermador-groupe.fr - Website : www.thermador-groupe.fr Private limited company with capital of € 36,803,396 - 339 159 402 companies register of Vienne - SIRET n ° : 339 159 402 00017