www.se.com Schneider Electric Universal Registration Document 2021 470 Chapter 8 – Annual Shareholders’ Meeting 8.2.3 Statutory Auditors’ report on the issuance of shares or securities reserved for a category of beneficiaries with cancellation of preferential subscription rights To the Shareholders, In our capacity as Statutory auditors of your company and in compliance with articles L. 228-92 and L. 225-135 et seq. of the French Commercial Code ( Code de commerce ), we hereby report on the proposal to delegate to the board of directors the competence to decide on the issue of ordinary shares or securities giving access to the share capital of the company, with cancellation of preferential subscription rights, reserved for (i) employees and officers of companies of the Schneider Electric Group affiliated with the Company under the terms and conditions set forth in Article L. 225-180 of the French Commercial Code ( Code de commerce ) and Article L. 3344-1 of the French Labour Code ( Code du travail ) and the head office of which is located outside France; (ii) and/or OPC mutual investment funds or other entities, with or without legal personality, of employee shareholders invested in equity securities of the company, the unit holders or shareholders of which consist of persons described in (i) of this paragraph; (iii) and/or any banking institution or affiliate or subsidiary of such institution acting at the Company’s request for purposes of implementing and giving effect to a shareholder incentive or investment or savings plan for the benefit of the persons described in (i) of this paragraph, an operation upon which you are called to vote. The maximum nominal amount of the increase in capital that may result from these issues is 1% of the share capital on the date of this shareholders’ meeting, it being specified that this amount shall be deducted from the ceiling set under the sixteenth resolution of this annual shareholders’ meeting. Your board of directors proposes that, on the basis of its report, it be authorized, for a period of eighteen months, to decide on whether to proceed with an increase in capital and to cancel your preferential subscription rights to the ordinary shares and securities to be issued. If applicable, it shall determine the final conditions of these operations. It is the responsibility of the board of directors to prepare a report in accordance with articles R. 225-113 et seq. of the French Commercial code ( Code de commerce ). Our role is to report on the fairness of the financial information taken from the accounts, on the proposed cancellation of preferential subscription rights, and on other information relating to the share issues provided in this report. We have performed those procedures which we considered necessary to comply with the professional guidance issued by the French national auditing body ( Compagnie Nationale des Commissaires aux Comptes ) for this type of engagement. These procedures consisted in verifying the information provided in the board of director’s report relating to these operations and the methods used to determine the issue price of the equity securities to be issued. Subject to a subsequent examination of the conditions for the issues that would be decided, we have no matters to report as to the methods used to determine the issue price of the equity securities to be issued provided in the board of director’s report. As the final conditions for the issues have not yet been determined, we cannot report on these conditions and, consequently, on the proposed cancellation of preferential subscription rights. In accordance with article R. 225-116 of the French Commercial Code ( Code de commerce ), we will issue a supplementary report, if necessary, when your board of directors has exercised this authorization. Paris-La Défense, March 11, 2022 The Statutory Auditors French original signed by MAZARS ERNST & YOUNG et Autres Loïc Wallaert Mathieu Mougard Alexandre Resten 8.2 Statutory auditors’ special reports