www.se.com Schneider Electric 4 2021 People Report 1 2025 peopl e strategy and v ision The w o rld i s r apidly e v olving a nd ne w mega-trends a re emer g ing. Massive acceleration in the adoption of digital technologies and connectivity has changed the way we all live and work. The s ense o f ur g ency a round c limate c hange ha s in tensified. S ocial a spirations, including demand for equality, have soared. New ways o f o rganizing w orkforces ha ve emer ged. N ew c apabilities a re being developed to maximize the human-to-digital intersection. T here has been a shift in the balance of the global versus local economies a midst ge opolitical d ifferences. 1.1 Schneider Electric’s People Vision – E mployee Value Proposition, Core Values, and L eadership E xpectations People V ision Great people make Schneider Electric a great company. To t ransform our culture and create a great place to work for, we launched our new People Vision in 2018. The People Vision provided the impetus to change the way S chneider w orks a nd ac celerate t he c u ltural t ransformation a t t he Company. With an Employee Value Proposition (EVP), a set of Core Values and Leadership Expectations, there is a strong anchor to the people strategy. During t he p andemic, t he P eople Vision hel ped us r emain re silient and rebound on business performance. Th e People Vision consists of the following: 1 Our EVP is our commitment to engage existing and future talent. It’s the reason why people join, stay, and remain engaged and shows how we differentiate ourselves as an employer. 2 Our Core Values determine who we are, what we do, and define the way we work together and deliver on our EVP promises. Our values guide our choices and illustrate the behaviors we expect our employees to demonstrate. 3 Our Leadership Expectations show how we expect leaders to drive the Company for the future. They emphasize how our leaders will transform Schneider Electric by stepping up individually and collectively. Employee Value Proposition The Group is also looking to establish a strong name as an employer and communicate around its Employee Value Proposition, which is our promise to current and future employees. We believe that great people make Schneider Electric a great company. We are driven by our meaningful purpose and continuously create an inclusive environment where employees are empowered to be at their best and innovate. Our Employee Value Proposition continues to evolve in line with the business. Making the emotional connection as to “Why Schneider Electric?” is fundamental in the ability to not only attract the best talent and be an “employer of choice”, but also to have it resonate as authentic with employees as a form of encouragement, motivation and inspiration. Employee Value Proposition MEANINGFUL We empower all to make the most of their energy and resources , ensuring Life Is On everywhere, for everyone, at every moment. Our mission is to provide energy and automation digital solutions for efficiency and sustainability . We adhere to the highest standards of governance and ethics . INCLUSIVE We want to be the most diverse, inclusive and equitable company, globally. We value differences , and welcome people from all walks of life. We believe in equal opportunities for everyone, everywhere. EMPOWERED Freedom breeds innovation . We believe that empowerment generates high performance, personal fulfillment and fun . We empower our people to use their judgement , do the best for our customers , and make the most of their energy .