Commentary & Deal Flow

Reoffer: 2yr: 3mE+30bp / 100 L7yr: MS+58bp / 99.942 / 3.386%
Benchmark: L7yr: DBR 2.6% 15-Aug-33 @ 99.245 / B+66.9bp / HR: 101%

2yr FRN: Final Books >€1.55bn. Peak book >€2.3bn
L7yr FXD: Final Books >€2.0bn. Peak book >€2.9bn

Launched:
2yr: €800m @ 3mE+30bp - Books > €1.75bn
L7yr: €700m @ MS+58bp - Books > €2.1bn
Guidance: 2yr: 3mE+30bp - Books > €2.3bn L7yr: MS+60+/-2bp - Books > €2.9bn
IPTs: 2yr: 3mE+55/60bp L7yr: MS+90/95bp

• Issuer: Schneider Electric SE
• Ticker: SUFP
• Country: FR
• Issuer Ratings: A2/A (Moody's/S&P)
• Expected Issue Ratings: A (S&P)
• Rating Split: Issuer: A2/A (Moody's/S&P), Issue: A (S&P)
• Format: Senior, Unsecured, Reg S Bearer Dematerialised Notes, Category 2
• Settlement: 01-Jul-26 (T+4)
• Issue Type:
• • 2yr FRN
  • Long 7yr FXD
• Maturity Date:
• • 2yr FRN: 01-Jul-28
  • L7yr FXD: 01-Dec-33
• Size:
• • 2yr FRN: €800m
  • L7yr FXD: €700m
• Reoffer:
• • 2yr FRN: 100 / 3mE+30bp
  • L7yr FXD: 99.942 / MS+58bp / 3.386%
• Coupon:
• • 2yr FRN: 3mE+30bp, Quarterly, ACT/360
  • L7yr FXD: 3.375%, Annual, ACT/ACT Short first coupon
• Benchmark:
• • L7yr FXD: DBR 2.6% 15-Aug-33 @ 99.245 / 2.717% (DBR+66.9bp / HR: 101%)
• Make-Whole Call:
• • L7yr FXD: B+10bp
• Par Call:
• • 2yr FRN: Yes, 1 month
  • L7yr FXD: Yes, 3 months
• ISIN Code:
• • 2yr FRN: FR0014019M54
  • L7yr FXD: FR0014019MF8
• Documentation: EMTN Programme
• Listing: Euronext Paris
• Governing Law: French Law
• Denominations: €100,000 + €100,000
• Other Calls: Clean-up call (75%), Change of Control Put
• Use of Proceeds: General corporate purposes
• Active Bookrunners: Credit Agricole CIB, Deutsche Bank, J.P. Morgan (B&D), HSBC, MUFG, Natixis
• Target Market: Manufacturer target market (MiFID II product governance) is eligible counterparties and professional clients only. No EU PRIIPs or UK PRIIPs key information document (KID) has been prepared as not being made available to retail in the EEA or the UK
• Issuer LEI: 969500A1YF1XUYYXS284
• Advertisement: The Base Prospectus dated 5 May 2026 and the Final Terms, when published, will be available on the website of the AMF (www.amf-france.org) and/or on the Issuer’s website
• Selling Restrictions: As per the Base Prospectus
• TOE / FTT: 15.35 UKT / 16.00 UKT