449 Life Is On | Schneider Electric www.se.com Chapter 8 – Annual Shareholders’ Meeting Shareholder Information 8. 8.1.1 Ordinary Shareholders’ Meeting 1 st , 2 nd , and 3 rd resolutions: Approval of annual financial statements and setting the distribution Explanatory statement Under the 1 st and the 2 nd resolutions , shareholders are invited to approve: • the statutory financial statements of Schneider Electric SE for the year 2021 which show a profit of €1,498,235,274.60; and • the consolidated financial statements for the year 2021 which show a net income for the Group of €3,204 million. The activity and the results for the 2021 fiscal year are presented in the 2021 Universal Registration Document as well as in the Notice of meeting available on the Company’s website. Under the 3 rd resolution , we recommend a distribution of €2.90 per share, representing a distribution rate of 47% of the Group’s net adjusted income and an estimated total distribution of €1,614,075,092.20 (1) (based on the number of shares ranking for dividends at December 31, 2021). No dividend will be paid on treasury shares held by the Company on the payment date. This distribution will be paid out of the distributable earnings amounting to €1,943,015,112.95. The proposed dividend is an integral part of Schneider Electric’s policy to reward shareholders over the long term. It represents an increase of 11.5 % versus last year (and of more than 70% since 2012). The distribution will be paid according to the following schedule: • Dividend ex-date: May 17, 2022 • Record date: May 18, 2022 • Dividend payment date: May 19, 2022 For individual beneficiaries who are tax resident in France, the dividend is subject upon payment to a social security tax of 17.2% and, in principle, to a mandatory non-definitive levy of 12.8%. This tax is levied at source and is computed on the gross amount of the dividend. For its taxation in 2023, this dividend will fully be eligible for the 40% tax rebate referred to in Article 158.3.2° of the French Tax Code where an express, global, and irrevocable election is made for taxation under the progressive scale of personal income tax. Where this option is not made, the dividend will be taxed at a final flat-rate income 12.8% and will not be eligible for this 40% rebate. In both cases, the levy of 12.8% borne at the time of the payment of the dividend is deducted from the individual income tax due. Text of the first resolution (Approval of statutory financial statements for the 2021 fiscal year) The Annual Shareholders’ Meeting, having satisfied the quorum and majority requirements for ordinary meetings, having heard the Board of Directors’ report and the statutory auditors’ report, approves the statutory financial statements for the 2021 fiscal year as presented, as well as the transactions reflected in these statements or summarized in these reports showing a net profit of €1,498,235,274.60. In addition, pursuant to Article 223 quater of the French Tax Code (Code général des impôts), the Shareholders’ Meeting approves the value of expenses and charges non-deductible from taxable result liable to corporate income tax and amounting to €2,508.02 as well as the theoretical tax borne as a result of these charges amounting to €666.89. Text of the second resolution (Approval of consolidated financial statements for the 2021 fiscal year) The Annual Shareholders’ Meeting, having satisfied the quorum and majority requirements for ordinary meetings, having heard the Board of Directors’ report and the statutory auditors’ report, approves the consolidated statements for the 2021 fiscal year as presented, as well as the transactions reflected in these statements or summarized in these reports. Text of the third resolution (Appropriation of profit for the financial year and setting the dividend) The Annual Shareholders’ Meeting, having satisfied the quorum and majority requirements for ordinary meetings, having noted that the Company’s fiscal year ending December 31, 2021 closed with a net profit of €1,498,235,274.60 and, considering the retained earnings amounted to €444,779,838.35, the distributable earnings amounted to €1,943,015,112.95, upon proposal of the Board of Directors, decides: • the distribution to the shareholders of a dividend of €2.90 per share, i.e., €1,614,075,092.20 (1) on the basis of the number of shares ranking for dividends at December 31, 2021 paid from the distributable earnings; and • the allocation of the balance of the distributable earnings after distribution to the retained earnings. (1) This amount is calculated based on the number of shares ranking for dividends at December 31, 2021 and could therefore change if this number varies between January 1, 2022 and the ex-dividend date.