REXEL ANNUAL SHAREHOLDERS’ MEETING OF APRIL 22nd, 2021

REXEL ANNUAL SHAREHOLDERS’ MEETING OF APRIL 22^nd, 2021

The combined Shareholders' Meeting of Rexel was held today in camera at the Registered Office, under the Chairmanship of François Henrot, Vice-Chairman of the Board of Directors, in accordance with the derogatory measures adapting the rules for meetings and deliberations of shareholders’ meetings adopted by the French authorities due to the Covid-19 pandemic.

The shareholders approved all the resolutions. The results of the votes and the video webcast are available on the Company's website:
https://www.rexel.com/en/medias/events/2021-annual-general-shareholder ...

Distribution of 0.46 euro per share

The Shareholders‘ Meeting approved the distribution of an amount of 0.46 euro per share, by deduction from the issue premium after clearance of the negative carry forward.

It will be paid in full in cash. The ex-dividend date for this distribution on the regulated market of Euronext Paris is April 29, 2021. The payment date will be May 3, 2021.

Compensation of the Chairman of the Board of Directors, the Directors and the Chief Executive Officer
All the resolutions relating to the compensation of the Chairman of the Board of Directors, the Directors and the Chief Executive Officer (whether it be Patrick Berard's compensation or that of his successor, Guillaume Texier) were approved.

Financial authorizations

All the financial delegations and authorizations whose adoption or renewal was submitted to the Shareholders’ Meeting were approved.

Renewal of the term of office of three Directors/ Appointment of a new director effective September 1, 2021

The terms of office of François Henrot, Marcus Alexanderson and Maria Richter were renewed for a period of four years.

As part of Patrick Berard's succession plan, Guillaume Texier was also appointed as a Director for a four-year term of office effective September 1, 2021.

Composition of the Board of Directors

Following the Shareholders’ Meeting, the Board of Directors still comprises 12 members. Excluding the Directors representing the employees, the Board comprises five are women i.e 50% of the Board members, in accordance with Article L. 225-18-1 of the French Commercial Code.

The Board of Directors meeting held after the Shareholders’ Meeting renewed the term of office of François Henrot as Senior Independent Director and Vice- Chairman of the Board of Directors for the duration of his term of office.