SEB S A : Convening notice 2024 general meeting

PREAMBLE

The shareholders of SEB S.A. are invited to attend the Combined General Meeting (Ordinary and Extraordinary) to be held on Thursday 23 May 2024, at 2.30 p.m. at the Palais Brongniart, 16 place de la Bourse 75002 PARIS, in order to deliberate on the agenda below.

The 2024 General Meeting of SEB S.A. will be broadcast live and recorded on the company's website, www.groupeseb.com, unless technical reasons make this broadcast impossible or seriously disrupt it.

The company invites its shareholders to regularly consult the company's website www.groupeseb.comto keep abreast of the latest news and fi nal procedures relating to the 2024 Combined General Meeting of

SEB SA.

Shareholders are also encouraged to give preference to the transmission of all requests for documents and/or questions by electronic means.

We inform our shareholders that only a welcome coffee will be offered from 1:30 p.m. before the start of the General Meeting which will close at the end of the votes.

The Annual General Meeting comprises all shareholders, regardless of the number of shares they own. In accordance with Article R. 22-10-28 of the French Commercial Code (Code de commerce), shareholders shall be entitled to attend the Annual General Meeting if their shares are recorded in their name or in the name of the financial intermediary registered on their behalf (pursuant to the paragraph 7 of Article L. 228-1 of the French Commercial Code), by midnight (Paris time) on the second business day preceding the Annual General Meeting, i.e. Tuesday 21 May 2024 at midnight, either in the registered share accounts held by the company (or its agent), or in the bearer share accounts held by the authorized intermediary.

The registration or recording of shares in the bearer share accounts kept by financial intermediaries is acknowledged by a share certificate issued by such intermediaries (by electronic means where applicable) under the terms and conditions set out in Article R. 22-10-28 of the French Commercial Code. This share certificate must be provided as an annex to:

• the remote voting form;
• the voting proxy form;
• the admission card request.

All shareholders may be represented at the Annual General Meeting by any other legal or natural person of their choosing (Article L. 22-10-39 of the French Commercial Code).

Shareholders are advised not to wait until the last minute to communicate how they intend to participate in the Annual General Meeting.

• If you hold registered shares, you will receive a voting form or a proxy form by postmail.
• In all cases (whether you hold registered shares or bearer shares), check the box that corresponds to your voting choice (vote by postmail, proxy to the Chairman of the Annual General Meeting or proxy to a third party).
• When a proxy is given to the Chairman of the General Meeting, it is recalled that the vote is restricted, that is to say it is a vote "for" the resolutions proposed by the Board of Directors and "against" the draft resolutions presented by the shareholders which have not been approved by the Board of Directors.
• If you vote by postmail, tick your voting selection for each resolution, following the instructions given on the form.
• If you grant a proxy to a third party, the full name and address of the proxy must be clearly indicated.
• After completing the form, sign and date it in the "Date & signature" box, check or indicate your full name and address in the lower right portion of the form, and return it to the Annual General Meeting department at UPTEVIA in the included "T" envelope or mail it to UPTEVIA, Service Assemblées - 90-110 Esplanade du Général de Gaulle, 92931 Paris La Défense cedex.

• If you hold bearer shares, you can download a blank form from our website athttps://www.groupeseb.com/en/finance/annual-general-meetingor request the form from your account-holding institution. In all cases, you should fill in all the requested information legibly, then send your form to your financial intermediary, who will forward it to UPTEVIA along with a share certificate. In order for your duly completed and signed voting form and, where applicable, your appointment or revocation of proxy to be considered valid, it must be sent to your account-holding institution with enough lead time for it to be received by UPTEVIA within the legal deadlines mentioned in this paragraph.
• In all cases, in order to be taken into account, remote voting forms or proxy forms must be received by UPTEVIA no later than three days before the Annual General Meeting, i.e. Friday 17 May 2024. Under no circumstances should the paper forms be sent directly to SEB S.A.

Shareholders are encouraged to use VOTACCESS, an online voting platform. The platform gives shareholders a quick and easy way to electronically submit their voting instructions or to appoint or revoke a proxy prior to the Annual General Meeting.

Details for accessing the site and registering voting or proxy instructions are given below:

If you hold registered shares, please directly access VOTACCESS via the Planetshares website at the following address:https://planetshares. uptevia.pro.fr:

• if you hold direct registered shares: the ID number and password you already use to view your registered share account on this site also gives you access to voting;
• if you hold administered registered shares: please use the ID located in the top right of the paper voting form that will be sent to you. You may use this ID to obtain a password by email.

After you log in to the Planetshares site, simply follow the instructions on the screen to access the dedicated secure site for the Annual General Meeting (VOTACCESS).

If you hold bearer shares, please contact your account-holding institution to inquire whether it is a member of VOTACCESS and, where applicable, whether access is subject to any special terms of use.

• If your account-holding institution is a VOTACCESS member: log in to your institution's internet portal using your regular access credentials. Next, click on the icon that appears on the line next to your SEB S.A. shares and follow the instructions on the screen to access VOTACCESS and vote.
• If your account-holding institution is not a VOTACCESS member: you may exercise your vote under the procedures described in paragraphs 1) and 3).

However, in accordance with the provisions of Article R. 225-79 of the French Commercial Code, you may give notice of the appointment or revocation of a proxy by electronic means, as described below:

• the shareholder must send an email to the following email address: paris.cts.france.mandats@uptevia.com;
• the email must contain the following information: the fi rst and last names, address and banking details of the principal, as well as the first and last names and address of the appointed or revoked agent. Next, the shareholder must ask the financial intermediary that manages his or her share account to send a confirmation to the Annual General Meetings department at UPTEVIA.

Only notices of proxy appointment or revocation may be sent to the email address given above. No other requests or notices on any other topic shall be considered and/or processed.

In all cases, in order to be taken into account, proxies must be received, under the terms described above, by UPTEVIA no later than the day before the Annual General Meeting, at 3:00 pm (Paris time). Notices of proxy appointment or revocation submitted in hard copy must be received no later than three calendar days before the date of the Annual General Meeting, i.e. Friday 17 May 2024.

The secure website for voting prior to the Annual General Meeting (VOTACCESS) shall open on Monday 22 April 2024 at 10:00 a.m.

The ability to vote by internet prior to the Annual General Meeting shall end the day before the meeting, i.e. Wednesday 22 May 2024 at

3:00 p.m., Paris time.

However, shareholders are advised not to wait until the date of the deadline to log in to the site, so as to allow for any delays in receiving their passwords.

Shareholders who wish to attend the Annual General Meeting in person may request an admission card as described below:

• for registered shareholders: Request an admission card by shading in box "A" on the voting form, then date and sign the form and return it in the envelope provided to UPTEVIA, Service Assemblées
  - 90-110 Esplanade du Général de Gaulle, 92931 Paris La Défense cedex. The admission card request must be received no later than Friday 17 May 2024. Alternatively, you may go directly to the special admission desk on the day of the Annual General Meeting, with proof of identity;

• for bearer shareholders: Ask the authorized intermediary that manages your share account to request an admission card. Alternatively, you may go directly to the special admission desk on the day of the Annual General Meeting, with proof of identity and a share certificate provided by your financial intermediary;
• or online, via the VOTACCESS website.

Those who wish to attend the Annual General Meeting in person must follow all existing health and safety guidelines and present a proof of identity.

C) WRITTEN QUESTIONS

WRITTEN QUESTIONS

Each shareholder is entitled to submit written questions to the Board of Directors. Such written questions must be sent by registered mail with acknowledgment of receipt to the following address: SEB S.A., Service Actionnaires, 112 Chemin du Moulin Carron, 69130 Écully. Alternatively, they may be sent by email to: assemblee.generale@groupeseb.com.

In order to be considered, questions must be received by the company no later than the fourth business day prior to the date of the Annual General Meeting, i.e. Thursday 16 May 2024 at the latest.

How do I take part in the Annual General Meeting?

For holders of bearer shares, these questions must be accompanied by a certificate of shareholder registration dated no earlier than the day on which the written question is sent.

Responses to written questions may be published directly on the company's website, at the following address: www.groupeseb.com.

D) SHAREHOLDERS' RIGHT TO INFORMATION

All the documents and information required under Article R. 22-10-23 of the French Commercial Code may be examined at the company's registered office at 112 Chemin du Moulin Carron, 69130 Écully, and

on the company's website, www.groupeseb.com,from the twenty-first day prior to the Annual General Meeting, in accordance with applicable laws and regulations.

1. You wish to attend the Annual General Meeting:

Fill in this box.

2. You wish to vote by post:

Fill in this box and follow the instructions.

You can find all documents related to the Annual General Meeting on the Group's website

www.groupeseb.com,

Finances, Shareholders' area.

Important : Avant d'exercer votre choix, veuillez prendre connaissance des instruction Quelle que soit l'option choisie, noircir comme ceci la ou les cases correspondantes, da

JE DÉSIRE ASSISTER À CETTE ASSEMBLÉE et demande une carte d'admission : dater et sign

Si des amendements ou des résolutions nouvelles étaient présentés en assemblée , je vote NON sauf si je signale un autre choix en noircissant la case c In case amendments or new resolutions are proposed during the meeting, I vote NO unless I indicate another choice by shading the corresponding box: - Je donne pouvoir au Président de l'assemblée Générale. / I appoint the Chairman of the general meeting ………………………………………….…

• Je m'abstiens. / I abstain from voting ........................................................................................................................................................................
• Je donne procuration [cf. au verso renvoi (4)] à M., Mme ou Mlle, Raison Sociale pour voter en mon nom ..................................................................... ....
  I appoint [see reverse (4)] Mr, Mrs or Miss, Corporate Name to vote on my behalf................................................................................. ..............................

Pour être pris en considération, tout formulaire doit parvenir au plus tard :

To be considered, this completed form must be returned no later than:

Service Assemblées

90-110 Esplanade du Général de Gaulle

92931 Paris La Défense Cedex

« Si le formulaire est renvoyé daté et signé mais qu'aucun choix n'est coché (carte d'a 'If the form is returned dated and signed but no choice is checked (admission card / post

4. You wish to give your proxy to a person of your choice:

How do I take part in the Annual General Meeting?

14 MEMBERS