Universal Registration Document 2019

3.5.2  /  Subsidiaries and holdings (company data in €) Companies Capital stock Shareholders’ equity and minority interests Share of capital held (as a %) Gross book value of securities held Provisions on securities held Net book value of securities held Loans, advances granted by the company not yet repaid Loans, advances received by the company not yet repaid Amount of guarantees given by the company Sales revenues excl. VAT of the last financial year Net income or net loss of the last financial year Dividends received by the parent company during the last financial year SUBSIDIARIES: LISI AEROSPACE 2,475,200 105,536,352 100.00% 30,863,816 30,863,816 74,322,966 348,778,597 18,253,699 20,028,337 LISI AUTOMOTIVE 31,690,000 96,638,019 100.00% 93,636,481 93,636,481 73,887,274 29,831,767 (1,269,673) 9,998,195 LISI MEDICAL 26,737,000 30,633,746 100.00% 33,337,000 33,337,000 21,715,058 5,314,320 2,461,113 2,461,113 3.6  /  Identity of the consolidating company Compagnie Industrielle de Delle (CID) Limited company with share capital of €3,189,900 Head office: 6 rue Juvenal Viellard– 90600 Grandvillars The Compagnie Industrielle de Delle held, on December 31, 2019, 54.78% of the LISI S.A. capital 3.7  /  Award of performance shares Free shares and options Where an outflow of resources relating to share purchase options and free share awards on the basis of performance is probable, the amount of the future expense is provisioned in proportion to the rights acquired since the allocation date. Where relevant, provisions thus provided for take into account whether or not treasury shares are allocated to share options or relevant free allocations. The impact of the expenses relating to the awards of free performance shares is included in the payroll expenses for employees of LISI S.A. only. Acting on the recommendation of the Compensation Committee, LISI’s Board of Directors decided, onDecember 20, 2016, to allocate performance shares to members of the ExecutiveCommitteeandtomembersof themainManagement Committees for the three LISI Group divisions, subject to their meeting certain performance targets. This was also the case for 2017, 2018 and 2019 insofar as at the meetings of December 20, 2016, December 13, 2017, December 12, 2018 and December 11, 2019, the Board of Directors renewed the opening of new plans subject to similar conditions. The objectives of the 2016 planwere not achieved in 2019 and its maturity in May 2019 resulted in a provision reversal of €0.5 million. The fair value of the benefits granted for the current plans was recorded in 2019 as a provision in the amount of €0.6 million for French and foreign employees. This cost was not allocated to divisions, and remains an expense at the LISI S.A. level until the definitive realization of the plan. The impact of the expenses relating to the awards of free performance shares is included in the payroll expenses for employees of LISI S.A. only. Plans having impacted LISI S.A.’s financial statements in 2019: Plan for 2016 Plan for 2017 Plan for 2018 Plan for 2019 Total Allocation date 12/20/2016 12/13/2017 12/12/2018 12/11/2019 Acquisition date February 2019 February 2020 February 2021 February 2022 Value in thousands of euros as at 12/31/2019 0 237 339 40 616 Net expenses in thousands of euros on the income statement of LISI S.A. at 12/31/2019 (excluding social security contributions) 251 (13) (241) (40) 43 Total number of shares assigned (for an assignment with 100% of the conditions) 0 127,210 147,780 159,440 434,430 90 LISI 2019 UNIVERSAL REGISTRATION DOCUMENT Company financial statements 3