Ownership structure at December 31, 2019

Number of shares: 241,036,743
Number of voting rights: 246,723,074

• Harris Associates LP: 5.16% of share capital, 5.04% of voting rights
• BpiFrance Participations: 5.13% of share capital, 5.13% of voting rights
• Norges Bank: 5.12% of share capital, 5.00% of voting rights
• BlackRock inc. : 5.11% of share capital, 5.00% of voting rights
• Others: 79.48% of share capital, 79.95% of voting rights

Capital Structure | Valeo

The aforementioned graph concerning the Company’s capital and voting rights has been prepared based on disclosures made to the Company in accordance with Articles L.223- 7 and L.233-12 of the French Commercial Code, as well as information voluntarily provided by shareholders. The percentage of shares and voting rights held by each shareholder is based on Company’s capital at December 31, 2019, corresponding to 241,036,743 shares and 246,723,074 voting rights.