369 Life Is On | Schneider Electric www.se.com Financial Statements 5. Chapter 5 – Consolidated financial statements at December 31, 2021 The sensitivity analysis on the test hypothesis shows that no impairment losses would be recognized in the following scenarios: • a 0.5 point increase in the discount rate; • a 1.0 point decrease in growth rate; • a 0.5 point decrease in the royalty rate. Note 11: Property, plant and equipment Changes in property, plant and equipment in 2021 are mainly related to the scope changes mentioned in the Note 2 and include the impacts of IFRS 16 – Leases . Gross value (in millions of euros) Land Buildings Machinery and equipment Other Rights of use of assets (IFRS 16) Total Dec. 31, 2019 141 1,943 4,565 1,15 4 1,407 9,210 Acquisitions 3 44 91 361 296 795 Disposals (2) (41) (158) (78) (57) (336) Translation adjustments (12) (79) (183) (64) (71) (409) Reclassifications (2) 66 193 (262) – (5) Changes in scope of consolidation and other 53 57 89 35 44 278 Dec. 31, 2020 181 1,990 4,597 1,14 6 1,619 9,533 Acquisitions 1 32 102 401 349 885 Disposals (3) (81) (198) (109) (113) (504) Translation adjustments 7 64 170 52 61 354 Reclassifications 4 48 150 (234) – (32) Changes in scope of consolidation and other 9 (10) (26) (3) 53 23 Dec. 31, 2021 199 2,043 4,795 1,253 1,969 10,259 Amortization and impairment (in millions of euros) Land Buildings Machinery and equipment Other Rights of use of assets (IFRS 16) Total Dec. 31, 2019 (18) (1,070) (3,568) (582) (292) (5,530) Depreciation and impairment (1) (85) (245) (67) (306) (704) Reversals 1 29 137 46 4 217 Translation adjustments (3) 29 130 25 16 197 Reclassifications – (4) 2 10 – 8 Changes in scope of consolidation and other (2) (21) (49) (24) (6) (102) Dec. 31, 2020 (23) (1,12 2) (3,593) (592) (584) (5,914) Depreciation and impairment (7) (93) (255) (79) (310) (74 4) Reversals 1 67 178 77 18 341 Translation adjustments (1) (35) (125) (23) (14) (198) Reclassifications 1 2 26 (2) – 27 Changes in scope of consolidation and other 1 14 30 11 (1) 55 Dec. 31, 2021 (28) (1,167) (3,739) (608) (891) (6,433) Net value (in millions of euros) Land Buildings Machinery and equipment Other Rights of use of assets (IFRS 16) Total Dec. 31, 2019 123 873 997 572 1,115 3,680 Dec. 31, 2020 158 868 1,004 554 1,035 3,619 Dec. 31, 2021 171 876 1,056 645 1,078 3,826 Reclassifications primarily correspond to assets put into use.