www.se.com Schneider Electric Universal Registration Document 2021 306 Chapter 4 – Corporate Governance Report 4.1 Governance Report Individual attendance rate in 2021 • Léo Apotheker 100% • Fred Kindle 67% • Anders Runevad 67% • Greg Spierkel 100% • Lip-Bu Tan 100% • Bruno Turchet 100% Operating procedures • The Committee meets at the initiative of its Chairperson or at the request of the Chairman & CEO. • The agenda is drawn up by the Chairperson, after consulting with the Chairman & CEO. • The Committee shall meet three times a year, less or more depending on the circumstances. • In order to carry out its assignments, the committee may hear any person it wishes and call upon the Chief Strategy & Sustainability Officer. • The Chief Strategy & Sustainability Officer, Mr. Olivier Blum, is the secretary of the Committee. Responsibilities Items Details of missions Preparation of the Board of Directors’ deliberations on investment policy • The Committee: − Elaborates recommendations for the Board on major capital deployment decisions − Advises the management team on capital deployment strategies − Launches, at the Board’s request, or suggests research projects leading to material investments for the Company, typically for capital deployment decisions of EUR 250 million or above − Investigates matters of smaller scale, if the strategic significance warrants it or the Board/ Chairman of the Board specifically requires it − Provides recommendations on major merger, alliances, and acquisition projects − Pays special attention to reconfiguration or consolidation scenarios happening in the sectors the Company is operating in or likely to operate in − Examines portfolio optimizations and divestment projects of financial or strategic significance − Supports the management in the elaboration of investment policies linked to the long-term positioning of Schneider Electric, such as innovation and R&D strategies or any major organic growth investments − Presents to the Board, social and environmental aspects of the strategic projects submitted to it such as M&A projects Activity in 2021 The Investment Committee reported on its work at the Board’s meetings of February 10, July 29, and December 15, 2021 and during the Strategy session. Items Details of missions Proposals to the Board of Directors • Follow-up of investment projects and opportunities • Strategic minority investment in Uplight • Acquisition of Qmerit, squeeze-out of RIB’s minority shareholders and merger with IGE+XAO • Portfolio review 4.1.4.5 Digital Committee 5 5 75% 100% meetings in 2021* members of independent Directors** average attendance rate Composition as of December 31, 2021 The Board of Directors’ internal regulations and procedures provide that the Digital Committee must have at least three members. • Greg Spierkel Chairman Independent • Léo Apotheker Member Non-independent • Xiaoyun Ma Member since February 10, 2021 Employee Director • Fleur Pellerin Member Independent • Lip - Bu Tan Member Independent * Including the joint meeting with the Audit & Risks Committee relating to cybersecurity risk review. ** Employee Directors excluded as prescribed by the AFEP-MEDEF Corporate Governance Code.