Company Announcements

LIMOGES, France--(BUSINESS WIRE)--May 7, 2026-- Regulatory News:

Legrand (Paris:LR):

Consolidated statement of income
Consolidated balance sheet
Consolidated statement of cash flows
Notes

Consolidated statement of income

Consolidated balance sheet

ASSETS

LIABILITIES

Consolidated statement of cash flows

Notes

KEY FIGURES

NOTE 1 - INTRODUCTION
NOTE 2 - SIGNIFICANT TRANSACTIONS AND EVENTS FOR THE PERIOD
NOTE 3 - CHANGES IN THE SCOPE OF CONSOLIDATION
NOTE 4 - INVENTORIES
NOTE 5 - TRADE RECEIVABLES
NOTE 6 - SHARE CAPITAL
NOTE 7 - LONG-TERM AND SHORT-TERM BORROWINGS
NOTE 8 - SEGMENT INFORMATION
NOTE 9 - SUBSEQUENT EVENTS

KEY FIGURES

Adjusted operating profit is defined as operating profit adjusted for amortization and depreciation of revaluation of assets at the time of acquisitions and for other P&L impacts relating to acquisitions, and, where applicable, impairment of goodwill.

Free cash flow is defined as the sum of net cash from operating activities and net proceeds on asset disposals, less capital expenditure and capitalized development costs.

Net financial debt is defined as the sum of short-term borrowings and long-term borrowings, less cash and cash equivalents and marketable securities.

The reconciliation of consolidated key figures with the financial statements is available in the appendices to the first three months 2026 results press release.

NOTE 1 - INTRODUCTION

This unaudited consolidated financial information is presented for the 3 months ended March 31, 2026. It does not include all the information required by International Financial Reporting Standards (IFRS) and it should be read in conjunction with consolidated financial statements for the year ended December 31, 2025, as presented in the Universal Registration Document deposited under visa no D.26-0231 with the French Financial Markets Authority (AMF) on April 8, 2026.

All the amounts are presented in millions of euros unless otherwise indicated. Some totals may include rounding differences.

The unaudited consolidated financial information has been prepared in accordance with the International Financial Reporting Standards (IFRS) and International Financial Reporting Interpretations Committee (IFRIC) interpretations adopted by the European Union and applicable or authorized for early adoption from January 1, 2026.

The IFRS standards issued by the International Accounting Standards Board (IASB) that have not been adopted for use in the European Union are not applicable to the Group.

NOTE 2 - SIGNIFICANT TRANSACTIONS AND EVENTS FOR THE PERIOD

None.

NOTE 3 - CHANGES IN THE SCOPE OF CONSOLIDATION

The contributions to the Group’s consolidated accounts of companies acquired since the end of 2024 were as follows:

During the first three months of 2026, the main acquisitions were as follows:

• Green4T, a Brazilian specialist in the installation, maintenance and operation of technical infrastructure for datacenters. Based in São Paulo, Green4T employs nearly 750 people and generates annual sales of around €45 million;

• Kratos Industries, a U.S. specialist in low and medium voltage power distribution systems. Based in Denver, Colorado, in the United States, Kratos Industries employs nearly 325 people and generates annual sales of around $100 million;

• TES, a European specialist in power distribution systems. Based in Cookstown, United Kingdom, the company employs 280 people and generates close to €85 million in annual revenue.

NOTE 4 - INVENTORIES

Inventories are as follows:

NOTE 5 - TRADE RECEIVABLES

Trade receivables are as follows:

NOTE 6 - SHARE CAPITAL

Share capital as of March 31, 2026, amounted to €1,048,982,932 represented by 262,245,733 ordinary shares with a par value of €4 each, for 262,245,733 theoretical voting rights and 261,364,529 exercisable voting rights (after subtracting shares held in treasury by the Group as of this date).

Changes in share capital in the first 3 months of 2026 were as follows:

As of March 31, 2026, the Group held 881,204 shares in treasury, versus 612,474 shares as of December 31, 2025, i.e. 268,730 additional shares corresponding to:

• the net acquisition of 250,000 shares outside of the liquidity contract at a cost of €37.4 million mainly for transfer under performance share plans and employee share ownership plans;

• the net purchase of 18,730 shares under the liquidity contract that led to a cash outflow of €2.3 million.

NOTE 7 - LONG-TERM AND SHORT-TERM BORROWINGS

7.1 LONG-TERM BORROWINGS

Long-term borrowings can be analyzed as follows:

7.2 SHORT-TERM BORROWINGS

Short-term borrowings can be analyzed as follows:

NOTE 8 - SEGMENT INFORMATION

In accordance with IFRS 8, operating segments are determined based on the reporting made available to the chief operating decision maker of the Group and to the Group's management.

Given that Legrand’s activities are carried out locally, the Group is organized for management purposes by countries or groups of countries which have been allocated for internal reporting purposes into three operating segments:

• Europe, mainly including Benelux, France, Germany, Iberia (Portugal and Spain), Ireland, Italy, Poland, Scandinavia, Turkey, and the United Kingdom;

• North and Central America, including Canada, Mexico, the United States, and Central American countries; and

• Rest of the World, including Australia, China, India, Malaysia and South America (in particular Brazil, Chile and Colombia).

These three operating segments are under the responsibility of three segment managers who are directly accountable to the chief operating decision maker of the Group.

NOTE 9 - SUBSEQUENT EVENTS

In April 2026, Legrand achieved the acquisition of Keydak, a leading Chinese rack manufacturer based in Guangzhou. The company employs more than 330 people and generates annual revenue of more than €60 million.

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Legrand

Source: Legrand