7 Life Is On | Schneider Electric www.se.com Integrated report “ Two technologies underpin the global economy’s transition to a sustainable, more resilient and lower-carbon future: digitization and electrification” Jean-Pascal Tricoire Chairman and CEO And then there’s our sustainability business . Companies all over the world are increasingly eager to become more sustainable, and to reduce their carbon footprints. Our expertise on these fronts has allowed us to develop a full-service offering, spanning ESG consulting services, right through to digital technologies that can bolster energy and operational efficiency, to support customers at all stages of their journey. Unique operating model to support the transition All of these growth opportunities are supported by our operating model. We’ve strategically built and scaled this around four distinct characteristics: the integration of all aspects of our business operations, from sales, to supply chain, to marketing and software; the nurturing of the largest, open ecosystem of partners ; the principle of having ESG values at the heart of everything we do – both by being leaders in our own ecosystem, and by helping our customers along their ESG journeys. And lastly, our multi-hub model . With four regional hubs around the world (North America, Europe, China and India), our local teams can adapt and respond quickly to changing circumstances. It also helps us to attract the best talent anywhere in the world. Of course, none of this would be possible without our SE Great People , who participate and believe in our purpose and mission. Throughout 2021, our 128,000 colleagues demonstrated their adaptability, and their openness to collaboration and innovation, as we all learned and grew in this new, hybrid-working world. They’re also central to the trust we’ve built with our entire ecosystem. This trust has ensured our resilience through tough times, and strengthened our relationships for the future. Trust is our highest value, reinforced by the establishment of our Trust Char ter in 2021. A sustainable future built on trust Inevitably, many of the challenges of 2020 and 2021 will continue in 2022. But our strategic positioning, our operating model, and our guiding principles make us confident in our future. Around the globe, companies, governments and people have realized that humanity needs to act fast to make the world both fairer and cleaner – that we need to avert the worst effects of the looming climate crisis. The tools to do so exist: digitization and electrification can help us get towards net-zero. What we need to do now is act. Fast. Jean-Pascal Tricoire, Chairman and CEO