SCH2017_DRF_EN_Livre.indb

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Corporate governance report Interests and compensation of Group Senior Management

Reported compensation and benefits (as per AFEP/MEDEF methodology)

Emmanuel Babeau Deputy Chief Executive Officer

Amounts attributable for fiscal year 2018

Amounts due for fiscal year 2017

(in euros) A- Cash Compensation Base salary

680,000 680,000

605,000 922,020

Annual incentive (at target for 2018)

Attendance fees

N/A

N/A

Sub total (A) (cash compensation)

1,360,000

1,527,020

B- Benefits in kind Valuation of the performance shares granted

[26,000 shares]

1,395,004

Fringe benefit (car)

12,330

12,330

Sub total (B) (benefits in kind)

12,330 + [26,000 shares]

1,407,334

TOTAL (A) + (B) (PACKAGE WITHOUT PENSION) C- Pension cash benefit Complementary payment for pension building (fixed amount) Complementary payment for pension building (variable part) (at target for 2018)

1,372,330 + [26,000 SHARES]

2,934,354

153,300

136,400

153,300 306,600

207,873 344,273

Sub total (C) (pension cash benefit)

TOTAL (A) + (B) + (C) (CASH COMPENSATION, BENEFITS IN KIND AND PENSION CASH BENEFIT)

1,678,930 + [26,000 SHARES]

3,278,627

Methodological note: According to the methodology prescribed by the AFEP/MEDEF Code, the compensation shall be presented on a reported basis. Accordingly, the benefits in kind to be reported for a financial year cover the performance shares granted during this same financial year, the performance period of which, by definition, has not elapsed. Their total value shall correspond to the total number of shares granted, before discount on account of performance, multiplied by the unit value of the share as determined by expert actuaries in accordance with IFRS 2 standards (see tables above ).

In order to facilitate the analyses, the benefits in kind are also presented and assessed in realized value, where the performance shares computed in the annual compensation for a given year shall comprise the shares deemed vested under plans granted in the previous years for which the rate of achievement of the performance conditions has been measured at the year-end of the past financial year (see tables below ).

2017 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC

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