Legrand

M&A Activity • Sep 7, 2016

PRESSRELEASE

Legrand expands further in lighting control in North America by acquiring Solarfective in Canada

Legrand today announced its eighth acquisition in 2016 with the purchase of Solarfective, a Canadian specialist in natural light control for commercial buildings. Following its acquisition of QMotion in the United States, Legrand thus further expands in North America in solutions for managing day light through control of automated shades—a market driven primarily by changes in energy codes and consumers' increasing willingness to reduce their energy spending.

Solarfective's solutions round out Legrand's product offering in highly energy-efficient lighting control (Wattstopper) and QMotion's solutions for natural light control. As such, they enable Legrand to offer solutions that combine artificial and natural lighting control for commercial and residential buildings.

Toronto-based Solarfective has 85 employees and annual sales of around €13m, of which 80% achieved in Canada and 20% in the United States.

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Key financial dates

• 2016 nine-month results: November 10, 2016
• Annual results: February 9, 2017
• General Meeting of Shareholders: May 31, 2017

ABOUT LEGRAND

Legrand is the global specialist in electrical and digital building infrastructures. Its comprehensive offering of solutions for commercial, industrial and residential markets makes it a benchmark for customers worldwide. Drawing on a nearly 10-year CSR (Corporate Social Responsibility) approach that involves all employees, Legrand is pursuing its strategy of profitable and sustainable growth driven by innovation, with a steady flow of new offerings including Eliot* connected products that enhance value in use—and acquisitions. Legrand reported sales of more than €4.8 billion in 2015. The company is listed on Euronext Paris and is a component stock of indexes including the CAC40, FTSE4Good, MSCI World, Corporate Oekom Rating, DJSI, Vigeo Euronext Eurozone 120 and Europe 120 and Ethibel Sustainability Index Excellence

(ISIN code FR0010307819). www.legrand.com

*Eliot is a program launched in 2015 by Legrand to speed up deployment of the Internet of Things in its offering. A result of the group's innovation strategy, the Eliot program aims to develop connected and interoperable solutions that deliver lasting benefits to private individual users and professionals. http://www.legrand.com/EN/eliot-program\_13238.html

Investor relations Press Relations Legrand Publicis Consultants

François Poisson Robert Amady/Vilizara Lazarova

Tel: +33 (1) 49 72 53 53 Tel: +33 (0)1 44 82 46 31 / +33 (0)1 44 82 46 34 Mob: +33 (0)6 72 63 08 91 / +33 (0)6 26 72 57 14 francois.poisson@legrand.fr robert.amady@consultants.publicis.fr vilizara.lazarova@consultants.publicis.fr

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