www.se.com Schneider Electric Universal Registration Document 2021 320 Chapter 4 – Corporate Governance Report Other benefits €56,637 received in 2021 Reminder: €36,124 received in 2020 Reminder of the 2021 compensation policy The Compensation policy provides that the Chairman and CEO may benefit from: • the employer matching contributions; • the profit-sharing; • a company car; • supplementary Life & Disability scheme. Application of the 2021 compensation policy For the fiscal year 2021, the Chairman and CEO was eligible for profit-sharing and the employer matching contributions paid to Employee Saving Plan subscribers. In addition, he was eligible for the employer matching contributions paid to subscribers to the collective pension fund (PERCO) for the retirement of workers in France. The use of a company car in 2021 represented an equivalent cost of €44,931. Employer matching contributions to Employee Saving Plan Employer matching contributions to collective pension saving plan (PERCO) Profit-sharing Company car Total 2021 benefits €1,404 €800 €9,502 €44,931 €56,637 The Chairman and CEO is eligible for (i) the collective welfare plan applicable to employees of Schneider Electric SE and Schneider Electric Industries SAS covering the risks of illness, incapacity, disability, and death and (ii) additional coverages conditional on the fulfilment of some conditions as described in the compensation policy (see Chapter 4, section 2.3.1 of the Universal Registration Document). Termination benefits No payment Involuntary Severance Pay The Chairman and CEO is entitled to involuntary termination benefits in case of change of control or strategy and taking into account the non-compete compensation described below, is capped at twice the arithmetical average of his annual fixed and variable compensation paid over the last three years (see Chapter 4, section 2.3.1 of the Universal Registration Document). Non-compete compensation The Chairman and CEO is entitled to non-compete compensation for a period of one year capped at 6/10ths of his average gross compensation ( i.e. including annual complementary payments – fixed and target variable) over the last 12 months of service (see Chapter 4, section 2.3.1 of the Universal Registration Document). For 2021, Mr. Jean-Pascal Tricoire was not awarded nor benefited from multi-annual variable compensation, exceptional compensation, stock options, welcome bonus, or Directors’ fees. Employer social contributions paid by the Group’s companies in respect of Mr. Jean-Pascal Tricoire’s compensation amounted to €324,278.92 in 2021. Mr. Jean-Pascal Tricoire is granted 30% of his cash compensation described above (fixed compensation, annual variable compensation and pension complementary payments) in consideration for his duties as a Corporate Officer (Chairman & CEO) of Schneider Electric SE exclusively. The remainder is granted to him for the discharge of his operational duties as Regional Asia President, Chairman of Schneider Electric Asia Pacific and executive Director of Schneider Electric USA Inc. Details relating to the 2019 Long-term Incentive Plan realized in 2021 (LTIP 2019) The performance period for shares granted in 2019 finished on December 31, 2021 and shares under the Plans n° 32 and 33 are therefore deemed vested. Their final acquisition is, however, still subject to the satisfaction of the presence condition at the delivery date. At its meeting of February 16, 2022, the Board assessed the achievement rate of the performance criteria based on the Group’s performance over the three-year period 2019 – 2021 and set the final rate of achievement at 96.86%, i.e. a reduction of 3.14% in relation to the number of shares originally granted. The Chairman and CEO was conditionally granted 18,000 shares under Plan n° 32 and 42,000 shares under Plan n° 33. After applying the reduction for performance not achieved, the resulting outcomes were as follows: Corporate Officer Number of Shares (Plan n° 32) (1) Number of Shares (Plan n° 33) Number of shares deemed vested No of shares lapsed Value of deemed vested shares (2) Jean-Pascal Tricoire 18,000 42,000 5 8 ,117 1,883 €10,022,858 Vesting date March 28, 2022 March 28, 2022 (1) Plan n° 32 – Performance Shares granted under this plan to Corporate Officer is subject to one-year holding period following vesting, therefore shares will only become unrestricted on March 27, 2023. (2) Vested shares are valued at the closing share price of December 31, 2021, i.e. €172.46. 4.2 Compensation Report