Full Year 2024 Results – February 20, 2025

Record full year results with accelerated execution in Q4

1
 Disclaimer
3 FY 2024 All forward-looking statements are Schneider Electric
Business Highlights management’s present expectations of future events
and are subject to a number of factors and
uncertainties that could cause actual results to differ

25 FY 2024 materially from those described in the forward-

looking statements. For a detailed description of
Financial Performance Highlights these factors and uncertainties, please refer to the
section “Risk Factors” in our Universal Registration
Document (which is available on www.se.com).
Schneider Electric undertakes no obligation to
41 Expected Trends & Financial Target publicly update or revise any of these forward-
looking statements.

This presentation includes information pertaining to

our markets and our competitive positions therein.
Such information is based on market data and our
44 Q&A actual revenues in those markets for the relevant
periods. We obtained this market information from
various third-party sources (industry publications,
surveys and forecasts) and our own internal
estimates. We have not independently verified these
45 Appendix third-party sources and cannot guarantee their
accuracy or completeness and our internal surveys
and estimates have not been verified by independent
experts or other independent sources.

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 FY 2024
Business
Highlights
Olivier Blum | CEO

Investor Relations – Schneider Electric Page 3

General
Making

as the #1 most 2021 2022 2023 2024 2025

sustainable company 1st 4th 7th 7th
1st

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Public
Accelerated execution drives strong growth in Q4

GROUP
Q4’24 revenues Q4 org. growth

€11bn +12.5%

BY BUSINESS
Energy Management Industrial Automation

Q4’24 revenues Q4 org. growth Q4’24 revenues Q4 org. growth

€9bn +15.2% €2bn +1.2%

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General
Record annual revenues driven by strong organic growth, with both
businesses stronger in H2
GROUP
+7% CAGR
Revenues (c.+8% org.) 38.2
35.9

€ 38.2bn exceeding +6% to +8%

org. target
34.2

28.9
27.2

8.4%
25.2

+ org.
2019 2020 2021 2022 2023 2024
Group revenues (€bn)

BY BUSINESS
Energy Management Industrial Automation

H1 H2 H1 H2
+9.4% +13.5% -5.1% -2.3%
org. growth org. growth org. growth org. growth

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General
 A consistent execution story – with further opportunities ahead

GROUP
Adjusted EBITA Adjusted Net Income Dividend
(Group share)

1
€ 7.1bn exceeding +9% to +13%
org. target 4.7bn
€ € 3.90
15 years of progressive dividend

+ 14% org. + 15% + 11%

+11% CAGR +10% CAGR
(c.+14% org.) (c.+15% org.) +9% CAGR 1
7.1 4.7 3.90
6.4 4.1
6.0 4.0 3.50

3.4 3.15
5.0
2.90
4.2 2.9
3.9 2.6 2.55 2.60

2019 2020 2021 2022 2023 2024 2019 2020 2021 2022 2023 2024 2019 2020 2021 2022 2023 2024
Adj. EBITA (€bn) Adj. Net Income - Group share (€bn) Dividend per share (€)

1. Subject to shareholder approval on May 7, 2025

Investor Relations – Schneider Electric Page 7

General
 Balanced end-market exposure positions us well to capture growth
Data Centers & Networks Buildings Industry Infrastructure
End-market exposure1: 24% 30% 33% 13%

Complementary EM and IA offers

#1 in electrical distribution #1 in electrical distribution
Market Positioning #1 #1 #1 in electrical distribution #1 in electrical distribution
Most complete portfolio Present within 1 out of 4 buildings
#1 industrial data and safety #1 in industrial data
#1 in Grid

Market CAGR 2023-272

>10% +4% to +5% +5% to +6% +5% to +7%
Key Drivers Artificial Intelligence Decarbonization Reshoring & mega-projects Big government funding

Current market dynamic:

Potential Addressable Market Estimates Group organic growth target

+6% to +7% +7% to +10%

CAGR, 2023-20272 CAGR, 2023-20272
1. Based on 2024 orders
2. 4-year CAGR

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Internal
 Data Centers end-market continues to have added levers to support
existing growth

2017
Existing levers set to continue to drive growth

Internet of Things Cloud Computing

Double-Digit
Digital Transformation Machine-learning Sales CAGR in data centers, 2017-2024

Gaming and Streaming 5G Technology

2024-2027
>10%
+ Added levers Large language model Expected market CAGR 2023-20271
for Data Centers & Networks

Growth in Sales and Demand mainly driven by Ready to capture purpose-built AI Agile M&A that reinforces our unique
Cloud data centers – expected to continue data center opportunity portfolio positioning in growth markets

1. 4-year CAGR

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Internal
Pursuing a differentiated strategy for the benefit of all stakeholders

Technology Customer Impact People

leader centric company company

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Public
From EcoStruxure to Connect Technology leader 1

A complete digital architecture for the benefit of customers

IoT & Data l Software for complete Digital Twin

Design Build Operate & Maintain

Cloud and On-Premises

AI & Cybersecurity Software, Apps, Analytics and Services

Hybrid

Edge Control

Connected Products

Buildings | Data Centers | Industry | Infrastructure

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 An integrated architecture for enhanced value Technology leader 1

for our customers across end-markets

IoT & Data l Software for complete Digital Twin Software &
Advisory
Design Build Operate & Maintain
Digital Services
Cloud and On-Premises

Software, Apps, Analytics and Services Field

AI & Cybersecurity

Services

Multiple
Hybrid

customer Edge Control Automation

entry points & Control

Connected Products Connected

Products

Non-connected
Buildings | Data Centers | Industry | Infrastructure Products

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 Delivering on our promise for increased efficiency Technology leader 1

with Software and Services

+15% ARR Double-Digit

growth as of Dec. 31, 2024 organic growth in Services
at AVEVA (comprising Digital and Field
Services offers) in 2024

Key recent
customer wins:

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Public
The Digital Flywheel enhances recurring revenue and Technology leader 1

provides a compelling value proposition to customers

1 All business models contributing to

Digital Flywheel expansion

2 Recurring revenue in Agnostic Software

to increase to c.80% by 2027

3 Recurring revenue in Services to keep increasing

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 R&D bringing strong innovation to market with our Technology leader 1

2025 Hero Offers

Selected launches across both businesses

EcoCare EcoCare

EcoStruxure Galaxy VXL + Easy9 Pro TeSys Deca RM AirSeT SM AirSeT +

Building Activate EcoCare for 3 Phase Advanced EcoCare for Electrical
UPS * Distribution*

EcoStruxure
Edge I/O
EcoStruxure
Automation Expert *
Altivar Process
ATV6100
Industrial Digital
Transformation
EcoStruxure DERMS *
Services *
6% R&D cash spend as % of sales in FY24
*AI capabilities integrated
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Confidential
 Accelerated multi-hub approach enables agility to react Customer centric 2

to macro and geopolitical developments

Moving towards ~90%

Europe
North America sourcing and
Regionalization well
Increased investment in U.S.
capacity and special tax and trade
underway, mainly moving
capacity to other regions
China manufacturing within
India
status with Mexico - “Maquiladoras” Regionalization in
mature stage regional hubs
Expanding capacity by
2.5-3x to serve India and
83% the globe
Mitigation actions:
Region-for-Region
within North America1

No single country contributes Agility Resilience Pricing power

material imports individually into
North America Teams in place and ready to Through “power of 2” Agile commercial actions to counter
take actions if necessary impact of fast-evolving geopolitical
developments

1. Non-import proportion of 2023 Cost Of Goods Sold

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Confidential
 We continue to make responsible investments to Customer centric 2

support growth

c.€2bn
Incremental capacity capex plan announced at CMD
>2.5% of Group revenues

Total FY25 tangible capex expected to be >2.5%

for 2024-2027 against a 2023 baseline of c.€0.9bn of Group revenues due to timing of deployment

2024 new capacity1: We will remain agile in our approach to responsible

Scarborough, UK
Electrical equipment
capacity investments dependent on
Tennessee, USA
Electrical switchgear Dunavecse, Hungary
market evolution
and MV power distribution Hudson, USA
Medium Voltage switchgear
Barcelona, Spain Haridwar, India
Monterrey, Mexico Prefabricated UAE Hyderabad, India
Low Voltage electrical Texas, USA data center ‘TAQANA
distribution boards Integrated modular Energy Bengaluru, India Key geographies
data center solutions Solutions’ JV Cooling Factory Investment focus in the U.S., India and Middle East & Africa

Several of our technologies can be applied

across all our end-markets
Newly opened at H1 241 Newly opened since H1 241

1. Non-exhaustive view of industrial sites openings or expansions

Investor Relations – Schneider Electric Page 17

Internal
 An Impact company driving Efficiency and Decarbonization Customer centric 2

Data Center Buildings Infrastructure Industry

U.K. U.S. Italy China

End to end supply of power and Optimizing space and ensuring efficient Improves grid resiliency in Milan; Design of new facilities with
cooling to a critical IT load, reducing operations and fan experience in the ensures service continuity during enhanced resiliency and reduced
risk of integration faults and brand new stadium extreme climate event & optimizes interruptions
increasing the speed of deployment urban space

Chillers EcoStruxure for Buildings AirSet Technology EcoStruxure Asset Advisor

CRAH units EcoStruxure Power EcoStruxure ADMS Drives System
LV & MV switchgear MetalClad switchgear RTU Easergy T300 MV and LV solutions
UPS Power Monitoring Expert

Customized chiller helps reduce Aim to achieve a 20% reduction in Co-design and develop 70 waterproof, Power distribution system stability:
power consumption of heat rejection energy consumption through smart underground, connected and compact +95% improvement
by up to 50% when compared with BMS MV/LV substations in 7 years
other compressor technologies Operational efficiency: 40%
Targeting a c.30% reduction in Reduce by 50% exploitation of urban improvement
downtime space compared with existing solutions

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Internal
 Customer centric 2

Achieve global ESG goals

Report on energy consumption and CO2 emissions
Generate energy efficiency
Full operational control
for Buildings
Our solution
Capgemini Campuses EcoStruxure Energy Command Centre for
integrated monitoring and control
India Full implementation of Schneider Electric hardware
and software
+ EcoCare Service Plan

30% reduction in energy

usage across 23 campuses

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 Impact company 3
Our Sustainability program exceeds target in 2024
2021-2025 2024
Q1 Q2 Q3 Q4 Target

Score 7.55 7.40

CLIMATE
SSI #2 - Help our customers save and avoid 800 million tonnes of CO 2 emissions
1
Schneider Electric’s solutions and services helped customers save and avoid more than
679M 127 million tonnes of CO2 emissions in 2024 alone.
Climate champion for the
14th consecutive year

RESOURCES SSI #5 - 100% of our primary and secondary packaging is free from single-use
plastic and uses recycled cardboard

78% In 2024, our sustainable packaging program made significant progress, achieving a 15%
increase from 2023, and now using 93% of recycled cardboard.

GENERATIONS SSI #11 – Train 1 million people in energy management A platinum medal for the
2 Schneider Electric, recognized by the World Economic Forum as a DEI Lighthouse for its 5th consecutive year

824K+ commitment to empowering young people, is dedicated to equipping them with essential
skills through initiatives like the DESFERS program, which promotes Technical and
Vocational Education in energy and supports women in rural areas of West Africa.

1. Cumulated since 2018 2. Cumulated since 2009

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General
External recognition of our Impact company 3

Wuxi
factory recognized as
Sustainability Lighthouse

4 out of 25
Global WEF
Sustainability Lighthouses
are Schneider Electric’s

Wuxi, China
Sustainability Lighthouse

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General
Strong leadership and multi-hub strategy in action People company 4

Olivier Blum
Chief Executive Officer 7 41% Multi-Hub
nationalities women strategy in action
ExCom split by locations

Business

Frédéric Godemel Barbara Frei Caspar Herzberg

Energy Management Industrial Automation One Software
Chief Executive Officer AVEVA

Operations

Aamir Paul Gwenaelle Avice-Huet Laurent Bataille Manish Pant Zheng Yin
North America Europe France International China & East Asia

Global Functions

Hilary Maxson Charise Le Chris Leong Hervé Coureil

Chief Financial Officer Chief Human Resources Officer Chief Sustainability Officer Chief Governance Officer
& Secretary General

Mourad Tamoud Nadège Petit Peter Weckesser Jing Ren

EVP Global Supply Chain Chief Innovation Officer Chief Digital Officer EVP Strategy, Brand
and Communications

Investor Relations – Schneider Electric Page 22

General
Committed to our people development driving engagement People company 4

Training & development

100% employees have access to

online training platform
in 2025
97% of employees trained on
Cybersecurity and Ethics

A culture led & skills

77% of employees received
Digital upskilling ~70%
leaders participated in the
Upward Feedback campaign

first organization enabling

Engagement

73% 2024 Employee

Engagement 88% Annual engagement
campaign participation rate

Shareholding

Top 5 employee's shareholding within

top holding of shares register 61% of employees participating in
Shareholding plan in 47 countries

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 Our mission is to be the trusted partner in
Sustainability and Efficiency

Driving strong and consistent

shareholder value

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 FY 2024
Financial Performance
Highlights
Hilary Maxson | CFO

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General
Financial highlights – Strong performance in FY 2024

A strong start towards the ‘Next Frontier’

Revenues Gross Margin Adj. EBITA Margin

€38.2bn, +8% org. 42.6%, +80bps org. 18.6%, +90bps org.

Record revenues in FY24 driven by strong growth Strong gross margin driven by industrial productivity Improved SFC leverage as % of sales organically,
in Systems and Services business models and pricing in Systems while investing to support future growth

Net Income (Group share) Free Cash Flow ROCE

€4.3bn, +7% €4.2bn, 99% conversion1 14.8%, +130bps

Strong underlying growth delivers adj. Net Income of Strong FCF in excess of €4bn for a 2nd consecutive Improved profitability supported by volume, productivity
€4.7bn, up +15%; Net Income includes impairment of year, conversion benefits from non-cash impairment and mix, combined with lower net debt
investment in an associate

1. Conversion of FCF / Net Income (Group share)

Investor Relations – Schneider Electric Page 26

General
Strong growth in FY 2024 up +8% organic
Analysis of Change in Group Revenues (in €m)

+11.5% -3.7% -0.7% -1.2%

38,153

Mainly representing divestment of

35,902 the Industrial Sensors business
and Gutor, partly offset by
acquisitions of EcoAct and Planon

Includes the weakening of CNY & several new

Group +8.4% organic
economies currencies vs. EUR, partly offset by
strengthening of the GBP vs. EUR and a
positive impact from hyperinflation accounting

FY 2023 Energy Industrial Scope Forex FY 2024

Management Automation

Based on current rates, the FX impact on FY 2025 revenues is estimated to be between +€600 million to +€700 million
The FX impact at current rates on adjusted EBITA margin for FY 2025 could be around +10bps.

Investor Relations – Schneider Electric Page 27

General
Record high level of backlog at year-end

+8.4%
Org. sales growth
in 2024
+12.7% €21.4bn
Org. sales growth GROWING BACKLOG IN 2024
in 2023

€19.2bn
+€2.2bn
vs. 2023 closing backlog

• Highest ever year-end backlog

• Backlog in Products at normalized levels while
elevated in Systems and Services
Backlog end of Backlog end of • Growth driven by Energy Management
December 2023 December 2024

~5 months ~6 months ~7 months

of sales on avg of sales in 2023 of sales in 2024
(2019 to 2022) closing backlog closing backlog

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General
 Digital flywheel progresses to 57% of FY Group revenues
Moving towards 60% to 65% of Recurring revenue in Agnostic Software1
+5% Group revenues by 2027 to increase to c.80% by 2027
org. growth

SOFTWARE & DIGITAL

SERVICES 57% 77%
of FY 2024 of FY 2024
revenues revenues
8%
of FY24 Group
revenues
% of Group revenues % of agnostic software revenues

60% to 65% by 2027 ambition c.80% by 2027 ambition

EDGE
CONTROL
9%
of FY24 Group
+8% 11%
of FY24 Group
FIELD
SERVICES Key achievements of 2024:
revenues org. growth revenues
in FY 2024
-6% +12% • Innovation driving double-digit growth in Connectable Products
org. growth org. growth
• Edge control impacted by weakness of OEM and Discrete
automation market, while Energy Management offers grew
29% strongly
of FY24 Group
• +7pt YoY increase in recurring revenues in agnostic Software1
revenues
CONNECTABLE PRODUCTS • Double-digit growth in Field Services supported by increasing
installed-based
+13%
org. growth
1. Agnostic Software comprises AVEVA, ETAP and RIB Software
Investor Relations – Schneider Electric Page 29

General
Q4 2024 up +12% organic

Analysis of Change in Group Revenues (in €m)

+18.5% -0.1% +0.2% 10,669

+21.9%

+4.6%
+5.8%
9,480

Includes strengthening of the GBP vs. EUR and

Group +12.5% org. a positive impact from hyperinflation
accounting, offset by the weakening of several
new economies’ currencies vs. EUR

Q4 2023 Western Europe Asia Pacific North America Rest of Scope Forex Q4 2024
the World

Investor Relations – Schneider Electric Page 30

General
 Strong growth in Q4 led by Systems, Software & Services

PRODUCTS SYSTEMS SOFTWARE & SERVICES

50% of FY 2024 revenues 31% of FY 2024 revenues 19% of FY 2024 revenues

+4% +27% +11%

Q4 organic growth Q4 organic growth Q4 organic growth
• Energy Management up mid-single digit with • Energy Management delivers strong growth • Agnostic software
good growth in many segments and end- with continued dynamism in Data Center • AVEVA: Strong growth in ARR, up +15%
markets and Infrastructure markets with strong upsell to existing customers,
• Industrial Automation down mid-single digit • Industrial Automation down low-single digit including uptake for SaaS offers, while
with Discrete automation not yet returned to with delays in customer investment perpetual license sales declined as planned
growth overall, despite positive evolution in decisions impacting growth in Process & • EM Software: Strong growth in recurring
specific offers Hybrid markets, while growth in Discrete revenues, though small decline in organic
automation remained slightly negative growth with perpetual licenses down due to
subscription transition

• Digital Services: Up double-digit led by growth

in EcoStruxure advisors and PPA advisory
services in Sustainability
• Field Services: Up +12%, with double-digit
growth in Energy Management, while
Industrial Automation up mid-single digit

Investor Relations – Schneider Electric Page 31

General
Energy Management +15% Q4 org. growth
W. Europe N. America Asia Pac. Rest of the World
Split of Q4 2024
revenue by geography: 23% 39% 25% 13%

North America +25% Western Europe +7%

U.S. up strong double-digit, led by Systems and continued improvement on Led by double-digit growth in Spain and Italy, while France & U.K. were up
supply chain execution high-single digit
Growth led by sales in Data Center Germany down in a challenging market environment
Double-digit growth in Products with demand across end-markets and segments; Good growth across rest of the region
strong growth in Distributed-IT, Resi stable Double-digit growth in Systems with project execution in Data Center,
Services up double-digit Infrastructure and Non-residential buildings
Continued execution on capacity investment to support demand Residential stable across the region, though varied by country
Canada up strong double-digit, Mexico up double-digit Field services up double-digit on trends of modernization and renovation

Rest of the World +18% Asia Pacific +8%

Growth led by South America, up strong double-digit India up double-digit with strength in Data Center and Non-resi buildings, with
Strong performance in Chile due to projects in MMM and Data Center; Brazil good performance across 2 brand strategy
up double-digit with strength in Buildings and Data Center China down low-single digit on continued macroeconomic weakness, though
delivering good growth in Data Center and power generation
Strong growth in Middle East & Africa, with project execution across all four
end-markets Australia up double-digit on Data Center project execution, while Residential
Growth led by countries in the Gulf region and across Africa. Saudi Arabia up buildings was flat
low-single digit against a high base of comparison Rest of the region up double-digit in aggregate driven by Data Center projects
Central & Eastern Europe up double-digit with project execution in in Malaysia and Singapore
Infrastructure

Investor Relations – Schneider Electric Page 32

General
Industrial Automation +1% Q4 org. growth
W. Europe N. America Asia Pac. Rest of the World
Split of Q4 2024
revenue by geography: 28% 23% 29% 20%

North America 0% Western Europe +1%

Strong Software growth across the region at AVEVA, offset by Strong growth at AVEVA, notably in France and Italy
weakness in traditional automation Sales in Discrete down low-single digit across the region, improving
U.S. up low-single digit, with declines in Discrete due to ongoing sequentially vs. Q3.
customer stock normalization, and lower execution in Process Germany remains heavily impacted in Discrete, with other major economies
Canada down mid-single digit and Mexico down low-single digit, faring better
both impacted by weakness in Discrete automation Sales into Process & Hybrid markets around flat, with project delays in E&C
segment and softening market demand

Rest of the World +20% Asia Pacific -8%

Middle East & Africa up strong double-digit with contributions across Process China down low double-digit, with market softness in Discrete and delayed
& Hybrid, Discrete and Software project execution in Process & Hybrid
U.A.E had strong growth in Discrete and at AVEVA, while there was strong Good growth in India against double-digit base, with growth in Discrete and
growth in Morocco, South Africa, Qatar and Iraq at AVEVA
Good growth in South America was led by Chile and Colombia in the MMM Japan and Korea both around flat in Discrete automation, with Korea down
and E&C segments, while Peru had strong growth in Discrete overall against a high base in Software
Central & Eastern Europe was around flat Australia down against a double-digit base of comparison

Investor Relations – Schneider Electric Page 33

General
Adj. EBITA: Margin at 18.6%, +90bps organic
Energy Management Industrial Automation
Reported Organic
In €m FY 2023 FY 2024 change change

Revenues 35,902 38,153 +6.3% +8.4% 22.1% 14.8%

c.+110bps c.-150bps
Gross Profit 15,012 16,268 +8.4% +10.5% org. org.

Gross Margin (%) 41.8% 42.6% +80bps +80bps

• SFC higher by +7.8% organic mainly explained by

SFC1 (8,600) (9,185) +6.8% +7.8%
Group’s investments in strategic priorities and inflation,
partly offset by cost savings.
SFC1 Ratio (% Revenues) -24.0% -24.1% -10bps +10bps
• SFC/Sales ratio at 24.1% improving by +10bps organic
despite investment in strategic priorities, offset by a
Adjusted EBITA 6,412 7,083 +10.5% +14.2% negative FX impact.

Margin % 17.9% 18.6% +70bps +90bps • R&D costs in P&L up +11% organic.
• R&D/Sales ratio increases to 5.6% of sales.
R&D/Sales ratio 5.4% 5.6% +20bps +10bps • On a cash basis, R&D spend increased to 5.9% of sales,
up from 5.6% last year

1. Support Function Costs

Investor Relations – Schneider Electric Page 34

General
GM improvement of +80bps organic
Gross Margin: Analysis of Change (%)

+0.4 -0.4

+0.8 0.0 -0.1

42.6

+0.1
41.8
Driven by Systems gross margin
improvement partially offset by relative Scope impact around flat, ‘Others’
growth of Systems vs. Products consists of miscellaneous smaller items

• Net Price +€67m

• Pricing on products: +€106m
• Raw Material: -€39m

FY 2023 Net price¹ Productivity Mix R&D & Prod. Forex Scope & others FY 2024
Labor infl.

1. Price on products and raw material impact

Investor Relations – Schneider Electric Page 35

General
SFC: Delivering further structural savings and investing for future
Analysis of Change of SFC (in €m)

394 -243
97 9,185

378

8,600 -41 Investments in strategic priorities

including R&D, commercial footprint to
support future growth and digital
transformation including AI projects

Scope: -€37m; Others: +€134m,

consisting of miscellaneous small items

FY 2023 Forex Inflation Investment Cost savings Scope & Others FY 2024

Investor Relations – Schneider Electric Page 36

General
Adjusted Net Income of €4.7bn up +15%
Reported Organic
In €m FY 2023 FY 2024 change change Mainly consisting of M&A and integration costs and a
provision in respect of the French Competition Authority
Adjusted EBITA 6,412 7,083 +10% +14.2%
investigation, partly offset by a gain recognized on the
Other operating income and expenses 98 (87) carrying value of the initial investment in Planon.
Restructuring costs (147) (141)
Amortization & imp. of purchase
accounting intangibles (430) (406) Lower than last year due to an impairment recognized in
2023.
EBIT 5,933 6,449 +9%

Net financial income/(loss) (530) (409)

Lower than last year due to interest income on deposits
Income tax (1,285) (1,398) and favorable FX differences
Profit/(loss) of associates and non-
controlling interests (115) (153)
Effective Tax Rate of 23.1%, in line with the expected
Impairment of investment in associates - (220)
range of 22-24% for FY2024
Net income (Group share) 4,003 4,269 +7%
Adjusted Net income (Group share)1 4,066 4,664 +15% +18.4% The Group recorded a non-cash impairment charge of
-€220 million against the carrying value of its investment
Adjusted Earnings per share1 7.26 8.32 +15% +18.2%
in Uplight, with slower adoption at customers than was
envisaged in the business plan impacting near-term
growth, in part due to regulatory challenges

1. Adjusted net income and EPS calculation in appendix

Investor Relations – Schneider Electric Page 37

General
Free cash flow at €4.2bn – with strong progress in H2
Record operating cash flow of €6.3bn, up +14% due to
strong profitability of the year
Analysis of net debt change in €m FY 2023 FY 2024

Net debt at opening Dec. 31 (11,225) (9,367)

DIN up +7 days vs. Dec. 2023 with Inventory build to
Operating cash flow 5,529 6,308 support focus on supply chain execution and capacity
additions. DSO improves -6 days vs. Dec 2023 due to
Capital expenditure – net (1,313) (1,364)
improved terms on systems, while DPO slightly worsened.
Operating Cash Flow net of capex 4,216 4,944
Change in trade working capital 173 (594)
Variance to 2023 primarily relates to level of bonus
Change in non-trade working capital 205 (134) accruals/payments
Free cash flow 4,594 4,216
Dividends (1,851) (2,049) FCF of €4.2bn. Cash conversion ratio of 99% benefitting
Acquisitions – net 611 (452) from non-cash impairment of associate, 94% adjusted for
this item
Net capital increase / (decrease) (484) (70)
Purchase commitments on non-controlling interests (55) (70)
FX & other (957) (355) Mainly in relation to increasing the Group’s ownership of
Planon to 80% (previously 25% ownership)
(Increase) / Decrease in net debt 1,858 1,220
Net debt at Dec. 31 (9,367) (8,147)
Including share buyback for €322 million

Investor Relations – Schneider Electric Page 38

General
Balance sheet remains strong with further progress on ROCE

1
Net Debt / Adj. EBITDA ROCE
14.8%
1.62x 15%
13.5%
12.2%
1.27x
10%
1.00x

5%

0%
Dec-22 Dec-23 Dec-24 2022 2023 2024

Main impacts in 2024: Main impacts in 2024:

• Strong free cash flow generation of €4.2bn +130bps improvement in 2024 driven by
• Payment of the 2023 dividend for €2.0bn profitability, with good volume growth, industrial
• Payment of €0.5bn to increase ownership of Planon to 80% productivity and pricing in Systems, combined with
a reduction in net debt
• Payment of €0.3bn in relation to share-buyback program

1. Trailing 12 months Adj. EBITDA; Net debt as of period end

Investor Relations – Schneider Electric Page 39

General
Proposing progressive dividend of €3.901

Progressive Dividend1 for 15th year in a row

€3.90
1
x3.8
Dividend per share
+11% vs. 2023

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 3-year TSR vs. CAC40 and peers:
150 Schneider Electric +48%
Peers average +41%2

CAC40 +3%
1-YEAR TSR3 3-YEAR TSR4 100
c. +35% c. +48%

January January January December

2022 2023 2024 2024

1. Subject to Shareholder approval on May 7, 2025 3. From January 1, 2024 to December 31, 2024
2. 11 peers as considered for long-term incentive plan (base 100: Jan. 1, 2022) 4. From January 1, 2022 to December 31, 2024

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 Expected Trends
& Financial Target
Olivier Blum | CEO

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Expected trends in 2025

• Strong and dynamic market demand to drive growth, with contribution from all four end-markets

• Continued strong demand for Systems offers, led by the Energy Management business

• A demand recovery in Discrete automation, with sales growth weighted towards H2

• Further progress on subscription transition in Software; strong growth in Services

• All four regions to contribute to growth, led by U.S., India, Middle East & Africa

• Execute on previously communicated capacity investments to support growth

• Preparing for agile commercial actions to counter the impact of fast-evolving geopolitical
developments and associated fiscal costs

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2025 Target
The Group sets its 2025 financial target as follows:

2025 Adjusted EBITA growth of between +10% and +15% organic

The target would be achieved through a combination of organic revenue growth and margin improvement, currently expected to be:

• Revenue growth of +7% to +10% organic

• Adjusted EBITA margin up +50bps to +80bps organic

This implies Adjusted EBITA margin of around 19.2% to 19.5% (including scope based on transactions completed to-date and FX
based on current estimation).

Further notes on 2025 FX & Scope available in slide 46

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 Q&A

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 Appendix

Investor Relations – Schneider Electric Page 45

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2025 additional notes

Foreign Exchange impact: Based on current rates1, the FX impact on FY 2025

revenues is estimated to be between +€600 million to +€700 million. The FX impact at
current rates on adjusted EBITA margin for FY 2025 could be around +10bps

Scope impact: Around +€100 million on 2025 revenues and around flat on 2025
adjusted EBITA margin, based on transactions completed to-date
Tax rate: The ETR is expected to be in a 23-25% range in 2025
Restructuring: The Group expects restructuring costs to decrease towards target
of around €100 million per year

1. Forward exchange rates are volatile and difficult to predict. Consequently, the impact of such movement and possible impacts from hyperinflation technical accounting (IAS29) are not
factored at this stage.

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Adj. EBITA +14% org. due to strong gross margin performance and
SFC leverage
Analysis of Change of Adjusted EBITA (in €m)
162 -139
331 -663
1,181 67
-151
-117 7,083

6,412

FY 2023 Volume Net price1 Productivity Mix R&D & SFC Forex Scope & FY 2024
Production others
Labor infl.
1. Price on products and raw material impact

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Adjusted Net Income calculation

In €m FY 2023 FY 2024

Adjusted EBITA 6,412 7,083

Amortization of purchase accounting intangibles (396) (406)

Net financial income/(loss) (530) (409)

Income tax with impact from adjusted items (1,305) (1,451)

Profit/(loss) of associates and non-controlling interests (115) (153)

Adjusted Net Income (Group share) 4,066 4,664

Adjusted EPS (€) 7.26 8.32

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 Recap of medium-term targets as announced at CMD
The Next Frontier

Well positioned on structurally

The Next Frontier +7% to +10% CAGR
growing markets and will
of organic growth organic growth, 2023-20271
outperform market growth
Financial
targets
Agile operating model and c.+50bps CAGR
Ambition to grow
strong Gross Margin adj. EBITA margin organic expansion, 2023-20271
drive further profitability

Across-cycle Organic Sales growth of Consistently be a Cash conversion ratio3 expected

ambitions 5%+ on average Company of 252 to be around 100% on average

1 4-year CAGR
2 Across the economic cycle, sum of organic revenue growth % and adj. EBITA margin %
3 Free cash flow as a proportion of Net Income – Group share

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 2024
Q1 Q2 Q3 Q4 Target

Q4 2024 Results Score 7.55 7.40

6 long-term commitments Baseline1 Q4 2024 2025 Ambition

CLIMATE 1. Grow Schneider Impact revenues2 70% 0% 74% 80%

2. Help our customers save and avoid millions of tonnes of CO2 emissions3 263M 0 679M 800M
3. Reduce CO2 emissions from top 1,000 suppliers' operations 0% 0% 40% 50%

RESOURCES 4. Increase green material content in our products 7% 0% 38% 50%

5. Primary and secondary packaging free from single-use plastic, using recycled cardboard 13% 0% 78% 100%

TRUST 6. Strategic suppliers who provide decent work to their employees 4 1% 0% 63% 100%
7. Level of confidence of our employees to report unethical conduct 5 81% 0% 83% 91%

EQUAL 8. Increase gender diversity in6: hiring (50%), 41% 0% 42% 50%
front-line management (40%), 23% 0% 30% 40%
and leadership teams (30%) 24% 0% 31% 30%

9. Provide access to green electricity to 50M people7 30M 0 53.4M 50M

GENERATIONS 10. Double hiring opportunities for interns, apprentices and fresh graduates 8 4,939 x1 x1.59 x2
11. Train people in energy management7 281,737 0 824,404 1M

LOCAL +1. Country and Zone Presidents with local commitments that impact their communities 0% 0% 100% 100%
1 Currentcycle baseline 2 Per Schneider Electric definition and methodology; 2019 baseline 3 cumulated since 2018 4 2022 baseline
5 2021baseline 6 Diversity targets shall not apply to countries or entities that prohibit the establishment of such targets
7 cumulated since 2009 8 2019 baseline

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Public
Investor Relations ready to engage

Investor Relations contacts

Amit Bhalla – [email protected]
20 February 2024 Full Year Results

29 April Q1 2025 Revenues Graham Phillips – [email protected]

7 May Shareholders’ Meeting (Paris)

5 June BNP Paribas Exane CEO conference (Paris) Andrew Gamwell – [email protected]
11 June JP Morgan European Industrials conference (London)
David Le Goascoz – [email protected]

Kira Popper – [email protected]

To schedule an interaction with Schneider Electric please
contact [email protected]

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