417 Life Is On | Schneider Electric www.se.com Chapter 6 – Parent Company Financial Statements Financial Statements 6. Note 2: Investments 2.1 – Shares in subsidiaries and affiliates (in thousands of euros) Shares in subsidiaries and affiliates Dec. 31, 2020 Additions Disposals Dec. 31, 2021 Cost 5 , 37 7, 0 9 9 – – 5 , 37 7, 0 9 9 Provisions (30,468) – 11,000 (19,468) NET 5,346,631 – 11,000 5 , 3 57,6 31 During the financial year, the company reversed part of the provision of Schneider Electric Japan Holding for EUR 4 million and Muller SA for EUR 7 million. The main investments at December 31, 2021 were as follows: Shares in subsidiaries and affiliates Carrying value Schneider Electric Industries SAS 5,343,544 Schneider Electric Japan Holding 6,049 Muller SAS 8,038 TOTAL 5 , 3 57,6 31 2.2 – Other investment securities (in thousands of euros) Other investment securities Dec. 31, 2020 Increases Decreases Dec. 31, 2021 Schneider Electric SE shares 457,964 261,660 (82,215) 6 37, 4 0 9 Other – – – – Provisions for other Shares and own shares – – – – NET 4 57, 9 6 4 261,660 (82,215) 637,409 Other investment securities primarily include Schneider Electric SE shares acquired for allocation of performance share distribution plans. In compliance with the decision adopted by the Board of Director dated July 29, 2021, the company bought back 1,809,054 of its own shares for a total of EUR 262 million. In compliance with the Board’s decisions of February 2021, March 2021, April 2021 and July 2021 fund the performance shares of plans 30, 31, 31bis, 33 and 39 with Schneider Electric treasury shares, 1,521,169 shares for a total amount of EUR 97 million have been classified as marketable securities. 238,101 shares for EUR 15 million were reclassified from marketable securities to “Other investment securities” following the departure of the beneficiaries. 2.3 – Advances to subsidiaries and affiliates (in thousands of euros) Advances to subsidiaries and affiliates Dec. 31, 2020 Increases Decreases Dec. 31, 2021 Cost 3,982,656 54,868 (819,428) 3,218,096 NET 3,982,656 54,868 (819,428) 3,218,096 At December 31, 2021, this item mainly consisted of a loan of EUR 2,500 million granted to Schneider Electric Industries SAS with a maturity date of 2022, a loan granted in 2012 to Boissière Finance for a total amount of USD 800 million valued at EUR 706 million at the end of 2021 and with a maturity date of 2022, and accrued interests for a total amount of EUR 12 million. During the financial year, a loan granted to Schneider Electric Investment AG for a total amount of EUR 819 million matured on March 5, 2021. The revaluation of USD loan resulted in a translation gain of EUR 85 million.