www.se.com Schneider Electric Universal Registration Document 2021 284 Chapter 4 – Corporate Governance Report The following table shows the status of each Director with regard to the criteria for independence set out in Article 9.5 of the AFEP-MEDEF Corporate Governance Code. Criteria (1) Jean-Pascal Tricoire (2) Léo Apotheker Cécile Cabanis Rita Felix (3) Fred Kindle Willy Kissling Linda Knoll Jill Lee Xiaoyun Ma (4) Anna Ohlsson Leijon Fleur Pellerin Anders Runevad Gregory Spierkel Lip-Bu Tan Bruno Turchet (5) Criterion 1: Employee or corporate officer within the past five years Criterion 2: Cross-directorships Criterion 3: Significant business relationships Criterion 4: Family ties Criterion 5: Auditor Criterion 6: Period of office exceeding 12 years Criterion 7: Status of non-executive Corporate Officer Criterion 8: Status of the major shareholder Conclusion (1) In this table, signifies that a criterion for independence is satisfied and signifies that a criterion for independence is not satisfied. (2) Mr. Jean-Pascal Tricoire is Chairman & Chief Executive Officer of Schneider Electric SE, Chairman of the Board of Directors of Schneider Electric Industries SAS, Director of Delixi Electric Ltd, Chairman of the Board of Directors of Schneider Electric Holdings Inc., Director of Schneider Electric USA Inc. and Chairman of the Board of Directors of Schneider Electric Asia Pacific Ltd. (3) Mrs. Rita Felix has an employment contract with Schneider Electric Portugal Lda. (4) Mrs. Xiaoyun Ma has an employment contract with Schneider Electric (China) Co., Ltd. (5) Mr. Bruno Turchet has an employment contract with Schneider Electric Industries SAS. Declarations concerning the situation of the members of the administrative, supervisory, or management bodies Service contracts None of the Directors has a service contract with the Company or any of its subsidiaries providing for benefits under such contract. Absence of conviction or incrimination To the best of the Company’s knowledge, in the last five years, none of the Directors or the Chairman & CEO have been: • the subject of any convictions in relation to fraudulent offenses or of any official public incrimination and/or sanctions by statutory regulatory authorities; • disqualified by a court from acting as a member of the administrative, management, or supervisory bodies of an issuer or from acting in the management or conduct of the affairs of an issuer; • involved, as a member of an administrative, management, or supervisory body or a partner, in a bankruptcy, receivership, or liquidation. Family ties To the best of the Company’s knowledge, none of the Directors and/or the Chairman & CEO of the Company are related through family ties. Conflicts of interest To the best of the Company’s knowledge, there are no arrangements or understandings with major shareholders, customers, suppliers, or others pursuant to which a Director or the Chairman & Chief Executive Officer has been selected as a member of an administrative, management, or supervisory body or a member of senior management of the Company. To the best of the Company’s knowledge, there are no conflicts of interest between the duties of any Directors and the Chairman & Chief Executive Officer with respect to the Company in their capacity as members of those bodies or their private interests and/or other duties. To the best of the Company’s knowledge, the Directors and the Chairman & Chief Executive Officer have no restrictions on the disposal of their Company shares aside from those stipulated in Performance Share plans (see section 4.2.5 of Chapter 4 of the 2021 Universal Registration Document) for the Chairman & Chief Executive Officer and a minimum 1,000 shareholding requirement for Directors. 4.1.1.5 Director’s holding in the Company’s share capital Article 11 of the Company’s Article of Association provides that Directors are each required to hold at least 250 Schneider Electric shares during their term of office. Moreover, in accordance with Article 6 of the Board Internal Regulations, each Board member shall hold 1,000 Schneider Electric shares. The Board of Directors has set a retention target of shares representing five years of base salary for the Chairman & CEO. Calculation of the number of shares held is based on Schneider Electric SE shares and the equivalent in shares of the corporate mutual fund units invested in Schneider Electric shares held by the beneficiary. He has to retain at least 50% of the Performance Shares granted to him until this number of shares is reached. The shareholding target described above is largely met by Mr. Jean-Pascal Tricoire who owns 793,239 Schneider Electric’s shares. 4.1 Governance Report