Saint-Gobain // Universal Registration Document 2021

8 Financial and accounting information Management report Compagnie de Saint-Gobain annual financial statements www.saint-gobain.com SAINT-GOBAIN UNIVERSAL REGISTRATION DOCUMENT 2021 368 Management report Compagnie de 5. Saint-Gobain annual financial statements Compagnie de Saint-Gobain’s net income totaled German tax consolidation groups, less a net exceptional €1,458 million in 2021 (2020: €862 million). It consisted expense of €68 million (2020: €2 million) due mainly to primarily of financial income from subsidiaries and provisions for performance share plans awarded to affiliates (dividends and income transfers from subsidiaries employees. of the German branch) totaling €927 million in 2021 (2020: €690 million), reversals of impairment recognized against investments in subsidiaries and affiliates totaling €345 million (2020: €0), an income tax benefit of €261 million (2020: €185 million) from the French and Shareholders’ equity before the appropriation of income for the year totaled €17,612 million at December 31, 2021 (December 31, 2020: €17,447 million). Significant events during the year Transactions involving 1.1 shareholders’ equity The principal events that contributed to changes in capital stock and shareholders’ equity were: the May 11, 2021 increase in capital stock for €199 million ■ through the subscription of 5,562,855 shares under the Group Savings Plan at a price of €35.81; a reduction of €794 million in capital following the ■ cancellation of 5,700,000 shares on June 11, 2021 and of 8,543,174 shares on November 30, 2021; the payment on June 9, 2021 of the Company dividend ■ of €698 million. Sale of Lapeyre 1.2 On November 9, 2020, Saint-Gobain announced that it had entered into exclusive negotiations with Mutares, listed in Frankfurt, in preparation for the sale of Lapeyre, its subsidiary specialized in home improvements in France, on the basis of a firm and binding offer which follows a broad competitive process that began in September 2019. On June 1, 2021, Saint-Gobain announced that it had finalized the sale of Lapeyre to Mutares. This transaction is part of the Group’s efforts to concentrate its resources on its strategic activities. Saint-Gobain provided Lapeyre with around €245 million, leaving it with a robust cash position and a healthy financial situation to finance its operations as well as the investments and measures necessary to continue modernizing the brand and the plants, and the return to profitability. Sale of Saint-Gobain Building 1.3 Distribution the Netherlands On January 4, 2021, Saint-Gobain announced it had entered into exclusive negotiations with BME (Building Materials Europe) in preparation for the sale of Saint-Gobain Building Distribution the Netherlands (SGBD NL). This transaction was finalized in July 2021 following the information and consultation procedures with the employee representatives of the Dutch entities concerned and the approval of the European competition authority. The sale of this business was based on an enterprise value of €150 million. Sale of Saint-Gobain PAM China 1.4 On April 16, 2021, Saint-Gobain announced that it had signed an agreement concerning PAM China, pursuant to which the Group would sell 67% of its Pipe business in China to a consortium led by local management. The transaction closed in the summer of 2021, valuing the company at approximately €100 million. Sale of Graham 1.5 On July 12, 2021, Saint-Gobain signed agreements for the sale of Graham, its specialist distributor for plumbing, heating and sanitary products in the United Kingdom. The majority of the Graham outlets, as well as the Graham brand name and website name, were transferred to UK Plumbing Supplies, and a smaller number of branches divested to Wolseley.

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