Legrand: Meetings of Shareholders of May 29, 2015

Regulatory News:

LEGRAND (Paris:LR):

The combined ordinary and extraordinary general meeting of Legrand shareholders was held on May 29, 2015, chaired by Legrand Chairman and Chief Executive Officer, Mr. Gilles Schnepp.

Legrand shareholders adopted all the resolutions proposed by the Board of Directors.

In particular, Legrand shareholders renewed for a four-year term the Director’s mandate of Ms. Eliane Rouyer-Chevalier, Chairwoman of the Audit Committee.

It should be noted that all of the 4 specialized Committees of the Board are chaired by women, all independent directors.

As before, out of a total of ten members, the Board of Directors includes:

• Seven independent Directors, i.e., a ratio of 70%, which exceeds the 50% ratio recommended by the Afep-Medef Code of Corporate Governance;
• Four women, i.e., a proportion of 40%, already compliant with both the requirements of the French Commercial Code (40% as from 2017) and the recommendations of the Afep-Medef Code of Corporate Governance (40% as from 2016); and
• Five different nationalities: Belgian, Chinese, French, Italian, and Spanish.

Membership of the Board of Directors thus reflects a great variety of talents, nationalities and cultures, in line with the diversity policy advocated by the Group.

Legrand shareholders also decided to distribute a dividend of €1.10 per share in respect of the 2014 financial year, with payment on June 4, 2015, split into two payments¹:

• €0.93 per share from distributable income;
• €0.17 per share as a repayment of the "issue premium”.

Moreover, both the Special Meeting of Shareholders holding double voting rights and subsequently the Combined General Meeting of Shareholders on May 29, 2015, adopted the cancellation of double voting rights from the Company’s Articles of Association.

As required by regulations, Legrand will, on June 2, 2015, publish on its website (http://www.legrand.com/EN/2015-regulated-information_13202.html) the total number of voting rights and number of shares comprising its share capital as of May 29, 2015. This information shall enable shareholders to assess the impact of the cancellation of double voting rights on the number of their own voting rights. It should be recalled that any variation in shareholding above or below a threshold requires a declaration to be registered with the Financial Markets Authority (AMF) pursuant to regulations and with the Company according to its Articles of Association.

Presentations to the General Meeting as well as full results of votes on resolutions and the General Meeting webcast are available on the Company’s website at www.legrand.com, under "Investors - Shareholders / Shareholders’ corner / 2015 General Meeting”.

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¹ For more detailed explanations, please refer to pages 298-299 of the 2014 Registration Document

Key financial dates

• Ex-dividend date: June 2, 2015
• Dividend payment: June 4, 2015
• 2015 first-half results: July 30, 2015
• 2015 nine-month results: November 5, 2015

ABOUT LEGRAND

Legrand is the global specialist in electrical and digital building infrastructures. Its comprehensive offering of solutions for use in commercial, industrial and residential markets makes it a benchmark for customers worldwide. Innovation for a steady flow of new products with high added value, and acquisitions are prime vectors for growth. Legrand reported sales of €4.5 billion in 2014. The company is listed on Euronext Paris and is a component stock of indexes including the CAC40, FTSE4Good, MSCI World, Corporate Oekom Rating, and DJSI (ISIN code FR0010307819). www.legrand.com

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