7 Capital and ownership structure Capital stock SAINT-GOBAIN UNIVERSAL REGISTRATION DOCUMENT 2021 257 Financial authorizations currently in force 1.2 The following table shows the status of delegations of authority and authorizations granted by the General Shareholders’ Meetings of June 6, 2019 and June 3, 2021 to the Board of Directors and the use made of these delegations during the 2021 fiscal year. Purpose of the Resolution and types of securities concerned Source (Resolution number) Authorization duration and expiration Maximum par value of the capital increase Issuances with preferential subscription right Capital increase (common shares or securities giving access to shares in the Company or its subsidiaries) (A) 2021 GSM 18th Resolution 26 months (August 2023) €426 million, excluding adjustments, i.e. approximately 20% of the share capital (1) (A)+(B)+(C)+(D)+(E)+(I) being limited to €426 million (the “Global Cap”) (2) Capital increase by incorporation of premiums, reserves, profits and free allocation of shares to shareholders (B) 2021 GSM 23rd Resolution 26 months (August 2023) €106 million, excluding adjustments, i.e. approximately 5% of the share capital Included in the Global Cap (2) Issuance without preferential subscription right Capital increase, by public offer, other than those referred to in Article L.411-2 of the French Monetary and Financial Code, with the option of granting a priority period for shareholders, by issuing common shares or securities giving access to the share capital of the Company or subsidiaries, or shares of the Company to which securities to be issued by subsidiaries would grant entitlement (C) 2021 GSM 19th Resolution 26 months (August 2023) €213 million (shares), excluding adjustments, i.e. approximately 10% of the share capital (1) Included in the Global Cap (C)+(D)+(E)+(I) being limited to €213 million (2) Capital increase, through a public offering referred to in paragraph 1 of Article L.411-2 of the French Monetary and Financial Code, by issuing common shares or securities giving access to the share capital of the Company or subsidiaries, or shares of the Company to which securities to be issued by subsidiaries would grant entitlement (D) 2021 GSM 20th Resolution 26 months (August 2023) €213 million (shares), excluding adjustments, i.e. approximately 10% of the share capital (1) Allocation to the cap of (C), included in the Global Cap (2) Capital increase (common shares or securities giving access to shares in the Company shares with shares as primary securities) in compensation for contributions in kind (E) 2021 GSM 22nd Resolution 26 months (August 2023) 10% of the share capital, i.e. approximately €213 million excluding adjustments Allocation to the cap of (C), included in the Global Cap (2) Issuances reserved for Group employees and Directors Capital increase (equity securities) through the Group Savings Plan (F) 2021 GSM 25th Resolution 26 months (August 2023) €52 million, excluding adjustments, i.e. approximately 2.4% of the share capital (3) Allocation of stock options for new or existing shares (G) 2019 GSM 23rd Resolution 38 months (August 2022) 1.5% of the share capital on the date of the 2019 GSM, i.e. approximately €33 million with a sub-cap of 10% of this limit of 1.5% for executive corporate officers (2) (G)+(H) being limited to 1.5% of the share capital Free allocation of existing shares (H) 2019 GSM 24th Resolution 38 months (August 2022) 1.2% of the share capital on the date of the 2019 GSM, i.e. approximately €26 million with a sub-cap of 10% of this limit of 1.2% for executive corporate officers (4) Allocation to the cap of (G) Other Option for complementary issuance in case of oversubscription of an issuance of common shares or securities giving access to the share capital with or without preferential subscription right (I) 2021 GSM 21st Resolution 26 months (August 2023) For each issuance, legal limit of 15% of the initial issuance (1) Allocation to the cap of (C) and/or included in the Global Cap depending on the initial issuance (2)
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