423 Life Is On | Schneider Electric www.se.com Chapter 6 – Parent Company Financial Statements Financial Statements 6. 18.3 – Financial instruments Schneider Electric Group hedging transactions, exchange guarantees and the establishment of financial instruments are carried out by the manager of the Group cash pool, Boissière Finance, a wholly- owned subsidiary of Schneider Electric Industries SAS, which in turn is wholly-owned by Schneider Electric SE. Schneider Electric SE does not hold any hedging instruments at December 31, 2021. Note 19: Contingencies As part of its normal operations, the Group is exposed to a number of potential claims and litigations. Except for those for which it is probable that the Group will incur a liability and for which a provision is established for such outcome, the Group is not aware of other potentially material claims and litigations. Investigations were conducted in September 2018 by the French judicial and antitrust authorities at Schneider Electric’s head office and other premises concerning electrical distribution activities in France. Schneider Electric is cooperating with the French authorities. Such investigations could lead to formal proceedings against the Group for which the probability and the potential impact, which could be significant on the financial statements of Schneider Electric SE, cannot be determined at this time. Note 20: Other information 20.1 – Workforce The average number of employees is 1 over 2021. 20.2 – Consolidated financial statements Schneider Electric SE is the parent company of the Group and accordingly publishes the consolidated financial statements of the Schneider Electric Group. 20.3 – Subsequent events Trademark Schneider Electric As the temporary transfer of usufruct for the Schneider Electric trademark made by Schneider Electric SE in 2007 to the Belgian company Schneider Electric Services International ends contractually on 31 December 2021, Schneider Electric SE once again holds full ownership of the Schneider Electric trademark. Consequently, as of 1 January 2022, the royalties for the Schneider Electric trademark will be invoiced to all group companies by Schneider Electric SE. IGE+X AO Following the completion of a simplified public tender offer, the Group now holds 83.93% of the issued capital of IGE+XAO. In accordance with the Group’s intentions as presented in the Information Note and the previously stated strategy to consolidate the various independent software entities within the Energy Management Software Division, the Group intends to implement a merger of IGE+XAO with Schneider Electric during fiscal year 2022. The Boards of Directors of Schneider Electric and IGE+XAO have met on February 16, 2022 and approved the economic, financial and legal terms of the merger, including the merger parity of 5 Schneider Electric shares for 3 IGE+XAO shares. The merger agreement as well as the merger appraisers’ reports will be available on the websites of Schneider Electric and IGE+XAO. The Group will seek confirmation from the AMF that the merger would not require Schneider Electric to file a buy-out offer for the shares of IGE+XAO. In addition, the merger will be subject to the approval of the annual general shareholder meetings of the shareholders of IGE+XAO and Schneider Electric to be held on May 4 and 5, 2022 respectively.