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Investor Presentaiton

| CURRENT OPERATING RESULT Data in € millions 30/06/19 30/06/20 Change 2020/19 Sales 615.1 568.9 -7.5% Current operating result 114.9 102.6 -10.7% Current operating margin (COR/Sales) 18.7% 18.0% -70 bps COR/Sales 18.7% 114.9 COR/Sales 18.0% COR/Sales 18.0% 1.7 4.3 25.7 0.1 17.4 2019 H1 COR Sales growth Impact of margin on variable costs 102.8 102.6 Impact of cost savings Impact of investment maintained Impact of Depreciation and provisions 2020 H1 COR like- for-like 2019 Forex impact 2020 H1 COR 28 Decline in current operating result slightly higher than fall in sales Implementation of measures in response to the crisis, resulting in a control of salaries and a reduction in commercial costs and overheads Current operating margin maintained at a high level (COR/Sales: 18.0%) SOMFY
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