Company

presentation
Siemens AG

Unrestricted | © Siemens 2025 | February 2025

Disclaimer

This document contains statements related to our future business and financial expectations, should events of force majeure, such as pandemics, unrest or acts
performance and future events or developments involving Siemens that may of war, occur or should underlying expectations including future events occur at a
constitute forward-looking statements. These statements may be identified by later date or not at all or assumptions prove incorrect, actual results, performance
words such as “expect,” “look forward to,” “anticipate,” “intend,” “plan,” “believe,” or achievements of Siemens may (negatively or positively) vary materially from
“seek,” “estimate,” “will,” “project” or words of similar meaning. those described explicitly or implicitly in the relevant forward-looking statement.
Siemens neither intends, nor assumes any obligation, to update or revise these
We may also make forward-looking statements in other reports, in prospectuses,
forward-looking statements in light of developments which differ from those
in presentations, in material delivered to shareholders and in press releases.
anticipated.
In addition, our representatives may from time to time make oral forward-looking
This document includes – in the applicable financial reporting framework not
statements. Such statements are based on the current expectations and certain
clearly defined – supplemental financial measures that are or may be alternative
assumptions of Siemens’ management, of which many are beyond Siemens’
performance measures (non-GAAP-measures). These supplemental financial
control. These are subject to a number of risks, uncertainties and factors,
measures should not be viewed in isolation or as alternatives to measures of
including, but not limited to those described in disclosures, in particular in the
Siemens’ net assets and financial positions or results of operations as presented
chapter Report on expected developments and associated material opportunities
in accordance with the applicable financial reporting framework in its
and risks in the Combined Management Report of the Siemens Report
Consolidated Financial Statements. Other companies that report or describe
(www.siemens.com/siemensreport), and in the Interim Group Management
similarly titled alternative performance measures may calculate them differently.
Report of the Half-year Financial Report (provided that it is already available for
the current reporting year), which should be read in conjunction with the Due to rounding, numbers presented throughout this and other documents may
Combined Management Report. Should one or more of these risks or not add up precisely to the totals provided and percentages may not precisely
uncertainties materialize, should decisions, assessments or requirements of reflect the absolute figures.
regulatory authorities deviate from our Financial publications are available for download at: Investors

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Our purpose

We create technology to
transform the everyday,
for everyone

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We create technology that the world needs – in
industry, infrastructure, mobility,
and healthcare.
These industries are the backbone of our economies –
and for all of them, digitalization offers tremendous
opportunities to become more competitive, more resilient,
and more sustainable.
With our technologies, we empower our customers to
accelerate their digital and sustainability transformations.
Together we’re transforming the everyday, for everyone.

Dr. Roland Busch

President and CEO of Siemens AG

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By combining the real and the digital worlds, Siemens empowers
customers to accelerate their digital and sustainability transformation

Glass Pharma- Campus Tire Mining Cement Transpor-

Production ceutical Industry Industry tation and
Industry Logistics

Panel Wind Pulp and Life Healthcare Oil and Automotive

Building Energy Paper Science Gas Manu-
Industry facturing Real Digital
world world
Airports Electronics Semi- Data Machinery Food and Water and
Industry conductors Centers and Plant Beverage Wastewater
Production Industry

Chemical Municipalities Cranes Intralogistics Aerospace Battery

Industry and DSOs Manu-
facturing

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Digital transformation has the potential to drive progress and growth
and reduce resource consumption in all countries

Industry Infrastructure Mobility

Up to 50% material savings can be Buildings are currently responsible Up to 30% higher network
realized using digital twins and for 39% of global energy related capacity can be achieved through
innovative production technologies carbon emissions. Data analytics automatic train operation and by
such as additive manufacturing. optimizing train flows and rail
and automated building management
operations.
can unlock large saving potentials.

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A leading technology company

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We have set four strategic priorities that guide our mindset, behaviors and actions

Customer impact Technology with Empowered people Growth mindset

purpose

We think and act Solving real-world Better and faster Try, learn,
customer first problems decisions improve

Everything we do is For more than We are driving progress by We think about the
motivated by creating more 175 years, Siemens has empowering our people to businesses of tomorrow as
impact for our customers and been developing technology take decisions in the best well as today, always
accelerating their with purpose. interest of the company. exploring what’s possible to
digitalization and expand our technology
sustainability journey. leadership.

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Businesses and Services of Siemens AG

Industrial Business
Digital Smart Siemens Siemens
Industries Infrastructure Mobility Healthineers1 Advanta

Services
Siemens Financial Siemens Real Global Business Foundational
Services Estate Services Technologies

1 Publicly listed subsidiary of Siemens; Siemens’ share in Siemens Healthineers is 75%

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Managing Board of Siemens AG

Matthias Rebellius Cedrik Neike Judith Wiese Dr. Roland Busch Prof. Dr. Ralf Veronika Bienert Dr. Peter Koerte
CPSO and Labor Director President and CEO P. Thomas CTO and CSO
CFO

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Our digital portfolio

Top 10 €6.5 bn
Siemens is one of the Data Simulation
AI and IoT
top 10 software digital revenue1 with analytics tools
companies1 10% CAGR until FY 2025

>1,200 €14 bn
New business Secure
digital offerings on Cyber-
models connectivity
Siemens Xcelerator invested in digital security
Marketplace2 companies since 20071

1 As of September 30, 2022

2 Includes offerings by Siemens Xcelerator Marketplace sellers as well as Siemens offerings, as of February 3, 2025

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Siemens Xcelerator accelerates the digital and sustainability transformation of our customers.
The business platform is the way we bring our strategy to life and create exponential growth.

A comprehensive, curated portfolio that

includes digital and IoT-enabled offerings
Our Purpose
from Siemens and certified partners
We create technology to transform
the everyday, for everyone

Our Strategy A continuously growing, powerful

ecosystem of partners

An evolving marketplace, enabling education,

Combining the real and the digital worlds
exchange and transaction with a community
of customers, partners and experts

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Siemens Xcelerator simplifies digital transformation
and increases value for all ecosystem participants

Customers benefit from faster and easier

integration of Xcelerator offerings and its
scalability, resulting into higher efficiency,
Siemens resilience and sustainability.
Partners benefit from a global exposure, co-
creation and marketing opportunities.
Customers
Our 5 design principles (openness, aaS,
Developers
interoperability, flexibility, cybersecurity) set
industry standards in digital transformation

A clear technical and commercial

governance secures highest safety standards
and a vivid exchange, based on trust

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Focus on eleven Company Core Technologies
Strategic R&D across all Siemens businesses

Siemens R&D
(FY 2024)

€6.3 bn

~ €530 m

stringent investments
in future growth fields

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Innovation is the basis
for our success

€6.3 bn 51,600
R&D expenditures1 R&D employees2

5,250 2,900
inventions1 patent applications1

Cooperation
with universities, research
institutes, and start-ups

16
Siemens Research and Innovation
Ecosystems (Siemens RIEs)

1 In FY 2024 | 2 On average during FY 2024

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Scaling sustainability impact

By combining the real

and the digital worlds,

>90% we support our customers

along key impact areas.
of Siemens’ business
enables customers
to achieve a positive
sustainability impact* Decarbonization Resource efficiency People centricity
& energy efficiency & circularity & societal impact

*Calculation based on revenue. <10% is excluded as it relates

to products that contain SF6-gas, or stems from business with
sectors like oil and gas, coal mining, or coal power generation.
We anticipate reducing this number over time. Applies to Siemens
without Siemens Healthineers.

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 Our DEGREE sustainability framework

Support the 1.5°C target

Decarbonization to fight global warming

Foster a culture of trust, adhere to ethical

Ethics standards, and handle data with care
A 360°
Governance
Apply state-of-the-art systems for effective
and responsible business conduct
approach
to our core
Resource efficiency
Achieve circularity, dematerialize,
and conserve biodiversity sustainability
Foster diversity, equity, inclusion, and
values
Equity community development to create a sense of
belonging

Enable people to stay resilient and relevant

Employability in a permanently changing environment

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Compliance
Zero tolerance for misconduct

High rankings
in Dow Jones Sustainability Index
in the category “Business Ethics” since 2009

US$120 m
since 2009 to support organizations and
projects fighting corruption and fraud

>418,000
web-based compliance trainings
of employees each year, averaged1

1 Including Siemens Healthineers

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Siemens in figures

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We empower our customers to become more competitive,
resilient, and sustainable
FY 2024

312,000 €75.9 bn €84.1 bn

Employees1,2 Revenue Orders

€9.0 bn 15.5% €9.5 bn

Profit margin
Net income3 Industrial Business Free Cash Flow3

Continuing and discontinued operations

1 As of September 30, 2024 | 2 Continuing operations | 3 Continuing and discontinued operations

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FY 2024 in detail

Revenue by industrial business1 Revenue by region1

32%
29% 30% Europe, CIS2,
Smart Siemens 22% Africa, Middle East
Infrastructure Healthineers Asia, Australia (excluding Germany)

25% 15% 31% 15%

Digital Industries Mobility Americas Germany

1 All figures rounded | 2 Commonwealth of Independent States

Note: Due to rounding, numbers might not add up to 100%

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First quarter of FY 2025
(1/2)

€18.4 bn €20.1 bn €2.5 bn

Revenue Orders Profit Industrial Business

€3.9 bn €1.6 bn 14.1%

Profit margin
Net income1 Free Cash Flow1 Industrial Business

1 Continuing and discontinued operations

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First quarter of FY 2025
(2/2)

Results of operations
Industrial Business

Siemens
Digital Smart Siemens Financial
(in millions of €) Industries Infrastructure Mobility Healthineers Services
Orders 4,213 6,196 2,660 6,336 No indication

Revenue 4,052 5,286 2,972 5,482 No indication

Profit 588 891 249 789 1131

Profit margin 14.5% 16.9% 8.4% 14.4% 13.3%2

1 Income before income taxes | 2 Return on equity (RoE); after tax

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Siemens AG shareholder structure

Type of investor Regional Structure

21% 66% 27% 27%

Private investors Institutional investors USA Germany

6% 12%
UK
Siemens family1 4%
Unidentified

7% 8% 9%
France Rest of Europe
Unidentified
investors
7% 6%
Switzerland Rest of World

Shareholder structure based on shares outstanding in November 2024

1 Including family members and foundations established by the family

Note: Due to rounding, numbers might not add up to 100%

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Highlights in the first quarter of FY 2025

Siemens and Compass

Siemens to deliver Datacenters sign multi-year
photorealism-enhanced digital custom electrical solution
twin with NVIDIA Omniverse agreement, critical to scaling
and Teamcenter Digital targets for data center
Reality Viewer construction

Siemens Mobility secures JetZero selects Siemens

infrastructure and service Xcelerator Platform
contracts for Britain’s second
high-speed rail line

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Businesses and Services

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Digital Industries

Complexity in the industrial world has never been

greater than today: Supply chain disruptions,
glocalization, and demographic change go hand in
70,100
hand with technological upheavals, shifts in global people1
markets, and the overall need for sustainability.
Embracing a digital-first approach enables industrial
companies to cope with this increasing complexity.
At Siemens Digital Industries, we create technologies
to transform the everyday, for everyone by
seamlessly combining the real and digital worlds.
18.9%
Thanks to cutting-edge technologies such as profit margin2
comprehensive Digital Twins and industrial AI we
enable our customers to make better decisions and
accelerate their transformation into sustainable

€18.5 bn
Digital Enterprises.
And with Siemens Xcelerator – our open digital
business platform – we make this process even
easier, faster, and more scalable for them. in revenue2
CEO Cedrik Neike
CFO Rudolf Basson
HQ Nuremberg, Germany

1 As of September 30, 2024 | 2 For FY 2024

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Smart Infrastructure

We create technology to transform the everyday,

for everyone. 78,500
Our world is changing at an unprecedented rate. people1
Demographic change, urbanization, glocalization,
environmental change, resource efficiency, and
digitalization are presenting new challenges and
opportunities.

Siemens Smart Infrastructure addresses these

topics by combining the real and the digital worlds.
17.3%
profit margin2
Our technology transforms infrastructure, across
buildings, electrification, and grids, at speed and
scale, enabling collaborative ecosystems to
accelerate our customers’ digital journey to become
more competitive, more resilient, and more
sustainable. €21.4 bn
in revenue2
CEO Matthias Rebellius
CFO Axel Meier
HQ Zug, Switzerland

1 As of September 30, 2024 | 2 For FY 2024

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Mobility

Today, transport providers face multiple challenges

to move more people and goods on tracks. At
Siemens Mobility, we enable our customers
41,900
worldwide to realize sustainable mobility solutions. people1
As a leading technology company, we combine the
real and digital worlds like no other in rail.
In an open ecosystem, we bring together rolling
stock, rail infrastructure, rail services, and software to
provide sustainable, comfortable, and cost-effective
rail traffic today.
8.9%
profit margin2
Together with our customers and partners, we move
people and goods seamlessly and transform mobility
for everyone.

€11.4 bn
in revenue2
CEO Michael Peter
CFO Karl Blaim
HQ Munich, Germany

1 As of September 30, 2024 | 2 For FY 2024

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Siemens Healthineers

At Siemens Healthineers1, we pioneer

breakthroughs in healthcare. For everyone.
Everywhere. Sustainably. As a leader in medical
~72,000
technology, we want to advance a world in which people3
breakthroughs in healthcare create new possibilities
with a minimal impact on our planet. By consistently
bringing innovations to the market, we enable
healthcare professionals to innovate personalized
care, achieve operational excellence, and transform
the system of care. 14.2%
With the unique combination of our strengths in profit margin4
patient twinning2, precision therapy, as well as
digital, data, and artificial intelligence (AI), we are
well positioned to take on the greatest challenges
in healthcare. We will continue to build on these
strengths to help overcome the world’s most
threatening diseases, enable efficient operations,
and expand access to care.
€22.4 bn CEO Dr. Bernd Montag
in revenue4 CFO Dr. Jochen Schmitz
CHRO Darleen Caron
MBM Elisabeth Staudinger
HQ Forchheim, Germany
1 Siemens Healthineers AG is a listed company | 2 Personalization of diagnosis, therapy selection and monitoring, aftercare, and managing
health | 3 As of 30 September, 2024 | 4 For fiscal year 2024

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Siemens Advanta

We are a strategic advisor and trusted implementation

partner for digital and sustainability transformations on
an enterprise level.

Drawing on the Siemens tech stack, we deliver end-

to-end solutions, from strategy and operations
consulting to solution architecture and implementation.
With comprehensive expertise in IT and OT, we
combine extensive experience from Siemens’ own
transformation journey with an established reliability
stemming from customer projects across diverse
industries and countries.

By leveraging the power of Siemens businesses and

its partners, we help customers unlock the full value of
Siemens technologies across their entire value chain.

CEO Todd Weatherby

CFO Gerlinde Sturm
HQ Munich, Germany

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Siemens Financial Services

Siemens Financial Services (SFS) – the B2B financing arm of Siemens – provides
financing that makes a difference.
At SFS, we empower customers around the globe to access technology with
purpose and increase their competitiveness. Based on our unique combination of
financial expertise, risk management and industry know-how, we provide tailored
financing solutions – including flexible leasing and working capital products,
project-related and structured financing, corporate lending, equity investments,
finance advisory, as well as trade and receivables financing.
With highly experienced and passionate teams in 20+ countries, SFS paves the
way for industrial productivity, smart infrastructure and sustainable mobility,
facilitating the energy transition and enabling high-quality healthcare. Supporting
the Siemens DEGREE framework, SFS is one of the leading providers in financing
greenfield renewable projects.

FY 2024 FY 2023 CEO Veronika Bienert

Total assets in millions of € 32,841 32,915 CFO Dr. Andreas Rudolf
HQ Munich, Germany
Employees1 2,739 2,684

1 As of September 30, 2024

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Global Business Services

Siemens Global Business Services (GBS) enables

Siemens AG units worldwide and external customers
to accelerate their business transformation into a
sustainable and digital future.
Its portfolio comprises services driven by expertise
and the latest technology – with a strong focus on
innovation and digitalization in areas like business
administration, human resources, supply chain
management, sales, marketing, and engineering.
Siemens GBS provides business services for
Siemens AG, Siemens Energy AG, and Siemens
Healthineers AG and serves its clients globally out of
four major Hubs and one service unit. Siemens GBS
headquarters are based in Munich, Germany.

For more information, visit www.siemens.com/gbs

CEO Eckard Eberle

CFO Sigrid Dengler
HQ Munich, Germany

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Siemens Real Estate

Siemens Real Estate (SRE) provides holistic

solutions for the entire real estate lifecycle – from
strategy to development to operation.
As a pioneer in corporate real estate management,
SRE drives the transformation of office and
production sites around the globe and significantly
increases the efficiency and flexibility of its
customers.
This embraces the implementation of innovative
workplace concepts that support future-oriented
hybrid working, as well as the use of intelligent and
sustainable solutions to strengthen the future viability
and resilience of industrial sites.
As such, SRE is also making a substantial
contribution to the company’s target of being carbon
neutral by 2030.

CEO Jörg Vocke

CFO Dr. Patrik Dresen
HQ Munich, Germany

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Foundational Technologies

Siemens Foundational Technologies (FT) serves both

– our businesses and our ecosystem.
It provides the tech backbone for Siemens Xcelerator.
This is our open digital business platform which
combines the real and the digital worlds, accelerating
the digital transformation. Our customers and partners
need solutions that tie into each other seamlessly
along a digital thread.
Siemens FT helps to address that need: We define
the right customer experience for our Siemens
Xcelerator offerings. We codify them with services
ranging from access management and licensing to
billing and data handling. Utilizing these services as a
foundation, our global development and software
engineering teams build digital products for our
Siemens businesses. Finally, we develop the next
generation of cutting-edge software and hardware to
equip our customers and our own organization for a
connected, digital future.
Head Dirk Didascalou
For more information, visit
www.siemens.com/innovation
HQ Munich, Germany

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 Contact
Siemens AG
Werner-von-Siemens-Straße 1
80333 Munich | Deutschland

Website Siemens
E-Mail contact

For further information:

About Siemens
Press
Investors
Innovations
Careers
Siemens Xcelerator

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