Legrand: Press Release, October 20th, 2022

LIMOGES, France--(BUSINESS WIRE)--Regulatory News:

As part of the investigation of the derogation mechanism on the French market¹, one of Legrand’s (Paris:LR) French entities has been indicted and ordered to provide security in the amount of €80.5 million.

Neither this indictment nor the ordering of this security mean that Legrand will ultimately be found guilty of any wrongdoing.

Legrand rejects that these proceedings have any merit and intends to vigorously demonstrate that its trade policy is in full compliance with the applicable law.

Key financial dates:

• 2022 nine-month results: November 3, 2022
  Quiet period² starts October 4, 2022

• 2022 full-year results: February 9, 2023
  Quiet period² starts January 10, 2023

• Annual General Meeting of Shareholders: May 31, 2023

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. The Group harnesses technological and societal trends with lasting impacts on buildings, with the purpose of improving life by transforming the spaces where people live, work and meet through electrical, digital infrastructures and connected solutions that are simple, innovative and sustainable. Drawing on an approach that involves all teams and stakeholders, the Group is pursuing its strategy of profitable and responsible growth driven by acquisitions and innovation, with a steady flow of new offerings including products with enhanced value in use (faster-growing segments: datacenters, connected solutions and energy efficiency programs). Legrand reported sales of €7.0 billion in 2021. The company is listed on Euronext Paris and is a component stock of the CAC 40 and CAC 40 ESG indices (ISIN: FR0010307819).

https://www.legrandgroup.com

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¹ For more information, see Legrand press releases dated September 11, 2018 and July 5, 2022.
² Period of time in which all communication is suspended in the run-up to the publication of results.