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October 5th, 2026 ©2026 Schneider Electric. All Rights Reserved. Schneider Electric + PTC Transaction announcement Creating the next level of Energy & Industrial Intelligence
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©2026 Schneider Electric. All Rights Reserved. | Page 2 Important legal information and cautionary statements The information contained in this presentation is of an indicative nature and has not been independently verified. No representation or warranty, whether express or implied, is given regarding the comprehensiveness or accuracy of the information and opinions contained in this presentation. This presentation is not meant to serve as a basis for, and shall not be used in connection with, an investment decision. This presentation includes only summary information and does not purport to be comprehensive. No person shall be entitled to rely on, or shall have any claims against Schneider Electric, PTC, any of their respective affiliates, officers, directors, employees, advisers or consultants or any other person arising from this presentation. The information contained in this presentation speaks only as at the date of this presentation and Schneider Electric expressly disclaims to the fullest extent permitted by applicable law any obligation or undertaking to update or revise any information contained herein as a result of new information or changes in events, conditions or circumstances. Forward-looking statements This presentation includes forward-looking statements, which reflect Schneider Electric management’s present expectations of future events. These forward-looking statements include, but are not limited to, statements regarding the acquisition of PTC by Schneider Electric (including the benefits, results, effects and timing of a transaction), all statements regarding Schneider Electric’s (and PTC’s and Schneider Electric’s combined) expected future financial position, results of operations, cash flows, dividends, financing plans, business strategy, budgets, capital expenditures, competitive positions, growth opportunities, synergies, plans and objectives of management, and statements containing words such as “anticipate,” “approximate,” “believe,” “plan,” “estimate,” “expect,” “project,” “could,” “would,” “should,” “will,” “intend,” “may,” “potential,” “upside,” and other similar expressions (or the negative of such expressions). Statements in this presentation concerning the business outlook or future economic performance, anticipated profitability, revenues, expenses, dividends or other financial items of Schneider Electric (and the combined businesses of Schneider Electric and PTC), together with other statements that are not historical facts, are forward-looking statements that reflect Schneider Electric management’s present expectations of future events. Such forward-looking statements are based on numerous assumptions regarding present and future business strategies and environment in which Schneider Electric and PTC operate. Forward-looking statements, by their nature, are subject to significant business, economic and competitive risks, uncertainties and contingencies, many of which are unknown and many of which Schneider Electric and PTC are unable to predict or control. Such factors may cause Schneider Electric’s actual results to differ materially from those described in such forward-looking statements. These risks and uncertainties include, but are not limited to, those identified in the section “Risk Factors” in Schneider Electric’s Universal Registration Document and other risk factors discussed or identified in public filings that have been, or will be, made by Schneider Electric with the French Autorité des marchés financiers (the “AMF”) from time to time. Any forward-looking statements made by Schneider Electric are made as of the date of this presentation and are not guarantees of future performance. Important Information This presentation contains information about Schneider Electric’s and PTC’s markets and their competitive positions therein. Unless otherwise indicated, this information is based on Schneider Electric’s and PTC’s estimates and is provided solely for information purposes. Schneider Electric’s and PTC’s estimates are based on market data and actual revenues in those markets for the relevant period, which information has been obtained from third-party sources, including company filings, broker consensus, Gartner, LEK, internal estimates and other stakeholders in the markets where Schneider Electric and PTC operate. Neither Schneider Electric or PTC nor their respective affiliates, directors, officers, advisors and employees have independently verified the accuracy of any such market data and industry forecasts and make no representations or warranties in relation thereto. Such data and forecasts are included herein for information purposes only. This presentation does not constitute or form any part of an offer to sell, exchange or purchase, or solicitation of an offer to buy or exchange, any securities in the United States, Australia, Canada, Japan or South Africa, or any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The distribution of this presentation may, in certain jurisdictions, be restricted by local legislations. Persons into whose possession this presentation comes are required to inform themselves about and to observe any such potential local restrictions. Any securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There will be no public offering of securities in the United States. This presentation is not a prospectus, information document or other offering documents for purposes of Regulation (EU) 2017/1129 of the European Parliament and of the Council of June 14, 2017, as amended. Non-IFRS financial measures This presentation contains certain financial data that was not prepared under the International Financial Reporting Standards (“IFRS”) and represents “non-IFRS financial measures”, such as “Organic sales CAGR”, “Adjusted EBITDA Margin”, “Return On Capital Employed (ROCE)”, “Weighted Average Cost of Capital (WACC)”, and “Adjusted EPS”. These non-IFRS financial measures are not recognized measures under IFRS or any other generally accepted accounting standards, and they generally have no standardized meaning and therefore may not be comparable to similarly labelled measures used by other companies. Even though the non-IFRS financial measures are used by management to analyze operating trends, financial performance and financial information, and provide additional information considered useful and relevant to investors regarding the results of Schneider Electric, they have important limitations and should not be considered in isolation from, or as a substitute for, Schneider Electric’s financial statements and related notes prepared in accordance with IFRS. Unless otherwise indicated, all amounts in this presentation are expressed in Euros. Certain calculated figures (including data expressed in thousands or millions) and percentages presented in this presentation have been rounded. Where applicable, the totals presented in this presentation may slightly differ from the totals that would have been obtained by adding the exact amounts (not rounded) for these calculated figures.
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©2026 Schneider Electric. All Rights Reserved. | Page 3 “The acquisition of PTC represents an important step forward in our ambition to lead the new era of Energy and Industrial Intelligence. Together, we are creating the industry’s most complete Software & AI powerhouse and highest-quality portfolio bridging the physical and digital worlds. By connecting and contextualizing data across the lifecycle of products and assets, we will create a unique digital thread for the next generation of Industrial AI, helping customers to optimize their systems with greater intelligence from design and build to operate and maintain. Neil Barua and the PTC teams have established an outstanding track record of growth, innovation and customer success. At Schneider Electric, we have built a strong leadership position in industrial software with AVEVA under the leadership of Caspar Herzberg. Together, with Cognite’s1 unique AI capabilities, we will accelerate innovation, unlock new opportunities and create long-term value for our customers, employees and shareholders as we shape the future of Energy and Industrial Intelligence.” Olivier Blum, CEO Schneider Electric Note: 1. The completion of the Cognite transaction remains subject to customary closing conditions, including the receipt of required regulatory approvals
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Creating a differentiated & unified portfolio in Energy and Industrial Intelligence with compelling strategic and financial benefits Bridge the physical and digital worlds across the lifecycle, from design and build to operate and maintain Broaden end market exposure, accelerate digital leadership in Energy and Industry, and unlock substantial bi- directional cross-sell opportunities Establish a unified digital thread fuelled with a contextualized AI Data Foundation across products & machines and processes & energy systems, accelerating Energy & Industrial Intelligence Create a leading, scaled, open and interoperable industrial software and AI franchise, driving business outcomes for customers from any system of design, control, data and intelligence Add strong growth, high-quality recurring revenues supporting Digital Flywheel ambition, attractive margins and robust cash generation, driving compelling shareholder value creation ©2026 Schneider Electric. All Rights Reserved. | Page 4
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Energy & Industrial software Design, Operations & Asset Management 2018 · Process industries 2021 · Power systems Data platform Operational Data PI System 2021 · OSIsoft, via AVEVA AI contextualization Knowledge Graph & AI 2026 · Data Fusion · Atlas AI Product & engineering intelligence CAD Creo · Onshape PLM Windchill · Arena ALM Codebeamer SLM ServiceMax · Servigistics ©2026 Schneider Electric. All Rights Reserved. | Page 5 1 PTC complements the unique portfolio Schneider Electric has built step by step Today 2009 · Internet of Things (IoT)-enabled, software platform Note: 1. The completion of the Cognite transaction remains subject to customary closing conditions, including the receipt of required regulatory approvals Digital platform Connect physical and digital worlds 2013 · Industrial software via Invensys
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Introducing PTC: a high-quality industrial software & intelligence platform bringing product design and engineering expertise ©2026 Schneider Electric. All Rights Reserved. | Page 6 Source: Company filings, Gartner, LEK Notes: EUR/USD FX rate of 1.1255 as of 02.10.2026 1. Figures represent PTC CY25 financials, for the period 2025-2026, excludes Kepware and ThingWorx (revenue only) 2. ARR/Revenue growth as per broker consensus CY26E–29E CAGR (for the period 2025-2026, excludes Kepware and ThingWorx) 3. Adj. EBITA calculated as non-GAAP Operating Income (excluding amortization) minus stock-based compensation 30,000+ Customers €2.4Bn Revenue ~85% Gross Margin ~10% Organic ARR/ Revenue CAGR2 64% 36% PLM (inclusive of ALM and SLM) CAD 49% 36% 15% Americas Europe Asia Pacific Named a Leader in the 2026 Gartner Magic Quadrant for PLM Software in Discrete Manufacturing Industries Manages all product-related information and processes throughout the product's lifecycle, from concept to retirement PLM Create, modify, analyze, and document product designs CAD Key Stats1 Portfolio Overview By Product By Geography Designs, tests, and traces the lifecycle of software built into physical products ALM Manages the entire lifecycle of physical products after they are sold SLM ~40% Adj. EBITA Margin3 By Revenue Type By End-Market Recurring Other 96% 4% Federal, Aerospace & Defense Electronics & High-Tech Industrials MedTech & Life Sciences Automotive 7,000 + Employees
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We are advancing Energy Tech, from IoT to Data & AI, connecting physical and digital worlds for our customers… ©2026 Schneider Electric. All Rights Reserved. | Page 7 ASSETS ENTERPRISE Decisions and actions to drive business outcomes Data from applications distributed across systems Applications running on top of assets across the full lifecycle DATA APPLICATIONS Connected products, machines, processes and energy systems generating data PHYSICAL D I G I TA L
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… providing structured digital systems to deliver business outcomes across the lifecycle ©2026 Schneider Electric. All Rights Reserved. | Page 8 PRODUCTS & MACHINES | PROCESSES | ENERGY SYSTEMS P H Y S I C A L D I G I T A L I N T E L L I G E N C EE N T E R P R I S E D A T A F A B R I CD A T A D E S I G N C O N T R O LA P P L I C A T I O N S A S S E T S Design Build Operate Maintain
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… providing structured digital systems to deliver business outcomes across the lifecycle ©2026 Schneider Electric. All Rights Reserved. | Page 9 PRODUCTS & MACHINES | PROCESSES | ENERGY SYSTEMS I N T E L L I G E N C E E N T E R P R I S E D A T A APPLICATIONS A S S E T S Permissions · Governance · Domain constraints Contextualization · Knowledge graph · Foundational models Agentic orchestration & autonomous agents for automation and energy systems CAD · Engineering Machine Automation · Industrial & Power SCADA · MES PLM · ALM · SLM · Historian Design Build Operate Maintain D A T A F A B R I C D E S I G N C O N T R O L Agentic Layer Trusted Action AI Data Foundation Energy Systems Processes Products & Machines
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Systems of Design, Control and Data Fabric are the foundation of the AI- powered industrial operations era, where we’ve built concrete stacks ©2026 Schneider Electric. All Rights Reserved. | Page 10 I N T E L L I G E N C E Data Cube Powered by 1 PLM · ALM · SLM · PI System D E S I G N C O N T R O L Unified Engineering CAD + 3rd Party Ecosystem Design Build Operate Maintain Note: 1. The completion of the Cognite transaction remains subject to customary closing conditions, including the receipt of required regulatory approvals D A T A F A B R I C E N T E R P R I S E D A T A APPLICATIONS A S S E T S Agentic Layer Trusted Action AI Data Foundation Energy Systems Processes Products & Machines
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And today, together with PTC, we are creating one of the most comprehensive Digital Systems of our industry ©2026 Schneider Electric. All Rights Reserved. | Page 11 I N T E L L I G E N C E Data Cube Powered by 1 Note: 1. The completion of the Cognite transaction remains subject to customary closing conditions, including the receipt of required regulatory approvals D E S I G N C O N T R O L CAD + 3rd Party Ecosystem PLM · ALM · SLM · Unified Engineering Design Build Operate Maintain D A T A F A B R I C PI System E N T E R P R I S E D A T A APPLICATIONS A S S E T S Agentic Layer Trusted Action AI Data Foundation Energy Systems Processes Products & Machines
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AI agents act on the physical world in a trusted context ©2026 Schneider Electric. All Rights Reserved. | Page 12 + How it runs and uses energy How it was designed and built EFFICIENCY PRODUCTIVITY RESILIENCY SUSTAINABILITY Act Verify & Improve DecideUnderstand D a t a F a b r i c I n t e l l i g e n c e C o n t r o l D e s i g n Trusted Energy & Industrial Intelligence at every level will deliver superior business outcomes for our customers
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©2026 Schneider Electric. All Rights Reserved. | Page 13 Unlocking real-world value across industries and use cases Combine Electrical Design Intelligence into Mechanical Design Inject Open Software Defined Automation: design once, build right, run smarter Enable autonomous operations based on trusted intelligence Optimize design and production through a contextualized digital thread + +Automation Expert + + 1 1 Note: 1. The completion of the Cognite transaction remains subject to customary closing conditions, including the receipt of required regulatory approvals Energy Storage Manufacturer Machine Builder Data Center Genset Plant
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Expand addressable market in industrial software by ~3x ©2026 Schneider Electric. All Rights Reserved. | Page 14 Schneider Electric’s existing Industrial Software TAM New Industrial Software TAM (including additional TAM from PTC from CAD, PLM, ALM, SLM)1 Source: L.E.K. analysis Note: 1. ALM = application lifecycle management; CAD = computer-aided design; PLM = product lifecycle management; SLM = service lifecyclemanagement
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©2026 Schneider Electric. All Rights Reserved. | Page 15 Product lifecycle CAD, PLM, ALM, SLM Automation & operations SCADA, MES, APM Energy & electrification Power design, EMS Product + asset data & AI Contextual data Industry coverage Discrete to process Open by design Hardware-agnostic Positioning Schneider Electric today Schneider Electric + PTC Gap bridged – and open by design Gap Differentiation Open by design Agnostic across vendors and hardware AI-native data foundation Agents on product, asset and energy data Energy & Process in all end markets Building, Data Centers, Industry and Infra Industrial Intelligence & AI Capabilities Full Strong Partial Limited None Where PTC is additive Combined scale Schneider Electric + PTC + Cognite1 Software & Services 2 ~24% of CY25 PF Group revenue +5 pts vs Schneider Electric alone Software customers4 50k+ Across process, hybrid and discrete industries Source: Company filings and information, S&P Capital IQ, Visible Alpha Notes: FX rate based on EUR/USD of 1.1255 as of 02.10.2026. Figures represent PTC CY25 financials, for the period (2025-2026), excludes Kepware and ThingWorx (revenue and recurring revenue only) 1. The completion of the Cognite transaction remains subject to customary closing conditions, including the receipt of required regulatory approvals 2. PF Software & Services revenue as % of PF Group revenue 3. PF recurring revenue as % of PF agnostic software revenue 4. Based on customer counts disclosed by AVEVA and PTC 5. Software employees include AVEVA, PTC and Cognite. R&D spend includes Schneider Electric Software & Digital Services and PTC Software employees5 ~15k ~€0.9Bn annual R&D firepower Recurring revenue3 ~89% of CY25 PF agnostic software revenue +10 pts vs Schneider Electric alone Closing our portfolio gap, differentiating through openness and access into energy markets and contributing to the Digital Flywheel ambition
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Schneider Electric wins PTC wins Geographic reach Schneider Electric’s global footprint + PTC’s presence in US = uniquely scaled platform across the world’s largest industrial markets Product offering Product design, engineering & service Operations data, AI contextualization & installed baseProducts Engineer Build Service Optimize Assets Design Build Operate Maintain End markets Discrete & hybrid access, beyond operations Access to all other end markets Data centers Buildings Infrastructure Industry Schneider Electric core markets FA&D Automotive Electronics Medical Discrete & hybrid ©2026 Schneider Electric. All Rights Reserved. | Page 16 Schneider Electric is uniquely positioned to accelerate PTC’s growth while gaining deeper access to discrete and hybrid industries
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A clear synergy pathway from cross-sell to AI-enabled digital threads | Page 17 1 Cross-sell into complementary footprints Complementary customer bases CAD, PLM & service cross-sell Discrete & hybrid expansion 2 Extend channels and market access Leverage partner networks New logos incl. Federal, Aerospace & Defense Broader geographic reach 3 AI-enabled digital threads drive growth Agentic lifecycle workflows Product, ops & energy intelligence New ecosystem opportunities ©2026 Schneider Electric. All Rights Reserved. Revenue synergies: €800m One-time implementation costs: c.€250m2 Notes: 1. Across SG&A, shared geographies and IT/R&D efficiencies, by Year 3 2. By Year 2 Cost synergies: €250m1
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PTC immediately accretive to Schneider Electric across key financial metrics | Page 18©2026 Schneider Electric. All Rights Reserved. 2030 Targets as per CMD 2025 Cash conversion ~100% Cash conversion4 >100% Cash conversion4 Profitability +250bps Adj. EBITA margin organic expansion (cumulatively 2026-2030) Strong gross margin ~40% Adj. EBITA margin3 before synergies ~85% gross margin 1 Top line growth ↑ 7–10% Organic revenue CAGR ~10% Organic ARR / revenue CAGR2 (CY26E-29E) Notes: FX rate based on EUR/USD of 1.1255 as of 02.10.2026 1. Figures represent PTC’s CY25 financials, for the period (2025-2026), excludes Kepware and ThingWorx (revenue only) 2. Revenue growth as per broker consensus CY26E–29E CAGR, for the period (2025-2026), excludes Kepware and ThingWorx 3. Adj. EBITA calculated as non-GAAP Operating Income (excluding amortization) minus stock-based compensation 4. Average cash conversion as % of net income (group share) CY26E-30E for Schneider Electric
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Compelling transaction with significant value creation Attractive transaction terms • Acquisition of 100% of PTC for $205 per share in cash, implying a ~€21Bn Enterprise Value • 42% premium over PTC’s last closing share price before announcement1, 46% premium over 30-trading-days VWAP • 21x 27E Adj. EBITA before synergies and 13x including full run-rate synergies Significant synergies • €250m of highly executable cost synergies, to be achieved within 3 years • Revenue synergies of €800m including the joint development of digital thread solutions • One-time implementation costs of €250m Compelling value creation • Immediately2 accretive to Schneider Electric across key financial metrics • Immediately2 accretive to Adj. EPS (pre-PPA3) and mid-to-high single digit accretive including full run-rate synergies • Transaction ROCE above WACC by Year 5 post-closing including full run-rate synergies Financing consistent with category A • Total cash consideration of €22Bn, with a bridge loan underwritten by banks • Transaction to be funded with equity raise of €5-6Bn (expected to take the form of an ABO) and new debt issuance of €16-17Bn Financial policy confirmed • 4 pillars confirmed: maintaining category A credit rating, progressive dividend, reaffirmed share buyback commitment and active portfolio management Clear path to closing • Closing anticipated by Q3 2027 • Subject to customary closing conditions including PTC’s shareholder vote (majority of outstanding shares) and regulatory approvals | Page 19©2026 Schneider Electric. All Rights Reserved. Notes: FX rate based on EUR/USD of 1.1255 as of 02.10.2026 1. As of October 2, 2026 2. Within 1st year of full consolidation 3. Purchase Price Accounting impacts as per Schneider Electric definition
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Significant shareholder value creation and returns Before synergies Including run-rate cost synergies Including full run- rate synergies ✓ High growth business ✓ >95% recurring ✓ Immediately gross margin & Adj. EBITA margin accretive before synergies ✓ Above 100% cash conversion Year 5 Including full run- rate synergies Low single digit Mid-to- High single digit Notes: 1. Adj. EBITA calculated as non-GAAP Operating Income (excluding amortization) minus stock-based compensation 2. Purchase Price Accounting impacts as per Schneider Electric definition 3. Within 1st year of full consolidation 27E Adj. EBITA1 multiple ROCE > WACCImmediately Adj. EPS accretive3 High-quality growth, profit and cash Attractive synergized multiples Adj. EPS % pre-PPA2 impact Adj. EPS % pre-PPA2 impact including full run-rate synergies | Page 20©2026 Schneider Electric. All Rights Reserved. 21x 17x 13x
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Share buyback commitment reaffirmed1 Transaction financing consistent with 2025 CMD capital allocation framework Financing plan overview Financial policy pillars reiterated €22Bn €16-17Bn €5-6Bn Cash Consideration Senior Debt Equity Issuance Bridge underwritten by banks Continued focus on progressive dividend Active portfolio management Strong investment grade credit ratings (category A) | Page 21 Note: 1. The Group expects to complete €600 million of share buyback in 2026 in accordance with its systematic program previously announced, with the expectation for a pause in 2027 and 2028 with acceleration thereafter, before completion of the program by the end of 2030 within the envelope previously announced (ABO)(Across several currencies) ©2026 Schneider Electric. All Rights Reserved.
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The logical next step that further enhances Schneider Electric strategically and financially, creating the digital thread to lead the future of Energy and Industrial Intelligence powered by AI | Page 22©2026 Schneider Electric. All Rights Reserved. CUSTOMER Differentiation OPERATIONAL Excellence TECHNOLOGY Leadership Differentiated Energy and Industrial Intelligence platform Compelling growth and synergy opportunity Disciplined shareholder value creation
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ADVANCING ENERGY TECH to the Next Level of INTELLIGENCE