431 Life Is On | Schneider Electric www.se.com Chapter 6 – Parent Company Financial Statements Financial Statements 6. 6.8 Extract of the management report for the year ended December 31, 2021 Review of the parent company financial statements In 2021, Schneider Electric SE reported an operating loss of EUR 22 million compared with EUR 17 million the previous year. Interest expense net of interest income amounted to EUR 46 million versus EUR 65 million the previous year. Income from ordinary activities before tax stood at EUR 1,437 million in 2021 compared with a loss of EUR 86 million in 2020, mainly due to the dividends of EUR 1,500 million received in 2021. The net income stood at EUR 1,498 million in 2021 compared with EUR (31) million in 2020. Net equity amounted to EUR 6,874 million at December 31, 2021 versus EUR 6,606 million at the previous year-end, after taking into account 2021 profit and dividend payments of EUR 1,447 million.