Schneider Electric : Statutory Auditors’ report on 2023 related party agreements

Schneider Electric S.E.

Statutory Auditors' report on related party agreements

(For the year ended December 31, 2023)

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PricewaterhouseCoopers Audit	Mazars
63, rue de Villiers	Tour Exaltis
92208 Neuilly-sur-Seine Cedex	61, rue Henri Regnault
	92075 Paris La Défense Cedex

Schneider Electric S.E. 35, rue Joseph Monier 92500 Rueil Malmaison

Statutory Auditors' report on related party agreements

(For the year ended December 31, 2023)

Annual General Meeting of the fiscal year ended December 31, 2023

This is a free translation into English of the Statutory Auditors' report issued in French and is provided solely for the convenience of English-speaking readers. This report includes information specifically required by European regulations or French law, such as information about the appointment of Statutory Auditors. This report should be read in conjunction with, and construed in accordance with, French law and professional auditing standards applicable in France.

To the Annual General Meeting of Schneider Electric S.E.,

In our capacity as statutory auditors of your Company, we hereby present to you our report on related party agreements.

We are required to inform you, on the basis of the information provided to us, of the terms and conditions of those agreements indicated to us, or that we may have identified in the performance of our engagement, as well as the reasons justifying why they benefit the Company. We are not required to give our opinion as to whether they are beneficial or appropriate or to ascertain the existence of other agreements. It is your responsibility, in accordance with Article R. 225-31 of the French Commercial Code (Code de commerce), to assess the relevance of these agreements prior to their approval.

We are also required, where applicable, to inform you in accordance with Article R. 225-31 of the French Commercial Code (Code de commerce) of the continuation of the implementation, during the year, of the agreements previously approved by the Annual General Meeting.

We performed those procedures which we deemed necessary in compliance with professional guidance issued by the French Institute of Statutory Auditors (Compagnie Nationale des Commissaires aux Comptes) relating to this type of engagement.

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Schneider Electric S.E.

Statutory Auditors' report on related party agreements

For the year ended December 31, 2023 - Page 2

Agreements submitted for approval to the Annual General Meeting

Agreements authorized and concluded during the past fiscal year

We hereby inform you that we have not been notified of any agreements authorized during the year to be submitted to the Annual General Meeting for approval in accordance with Article L. 225-38 of the French Commercial Code (Code de commerce).

Agreements previously approved by the Annual General Meeting

Agreements authorized and concluded during previous past fiscal years

We hereby inform you that we have not been notified of any agreements previously approved by the Annual General Meeting, whose implementation continued during the year.

February 29, 2024

The Statutory Auditors

PricewaterhouseCoopers Audit

Mazars

Séverine Scheer Jean-Christophe Georghiou

Juliette Decoux Guillemot

Mathieu Mougard

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