Legrand — Capital/Financing Update 2020

Jan 13, 2020

Limoges, January 13, 2020

Amendment and extension of syndicated loan:

Maximum maturity extended to December 2026 Improved financing terms

CSR¹ performance integrated into margin computation

Legrand announced today that it has signed a new agreement amending and extending the syndicated multi-currency loan initially signed in October 2011, then modified in July 2014, with all banks previously party to this contract.

Under this agreement, the maximum maturity of this €900 million revolving credit line is extended by five and a half years – i.e., until December 2026 – at improved financial conditions compared with July 2014.

Legrand is confirming its CSR¹ commitment by introducing a non-financial performance criterion for the margin computation, which will now be adjusted each year to reflect the Group's CSR¹ roadmap achievement rate.

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¹ CSR: Corporate Social Responsibility.

KEY FINANCIAL DATES:

• 2019 annual results: February 13, 2020 "Quiet period¹ " starts January 14, 2020
• 2020 first-quarter results: May 7, 2020 "Quiet period¹ " starts April 7, 2020
• General Meeting of Shareholders: May 27, 2020

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 an approach that involves all teams and stakeholders, Legrand is pursuing its strategy of profitable and sustainable growth driven by acquisitions and innovation, with a steady flow of new offerings—including Eliot* connected products with enhanced value in use. Legrand reported sales of close to €6 billion in 2018. The company is listed on Euronext Paris and is notably a component stock of the CAC 40 index. (code ISIN FR0010307819)

https://www.legrandgroup.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, Eliot aims to develop connected and interoperable solutions that deliver lasting benefits to private individual users and professionals.

https://www.legrandgroup.com/en/group/eliot-legrands-connected-objectsprogram

Investor relations Legrand Ronan Marc Tel: +33 (0)1 49 72 53 53

ronan.marc@legrand.fr

Press relations Publicis Consultants Vilizara Lazarova Tel: +33 (0)1 44 82 46 34 Mob: +33 (0)6 26 72 57 14 vilizara.lazarova@consultants.publicis.fr

¹ Period of time when all communication is suspended in the run-up to publication of results.