Supervisory Board

Gerhard Cromme, Dr. iur. Lothar Adler* Michael Diekmann Bettina Haller* Chairman Chairman of the Central Works Chairman of the Board of Chairwoman of the Combine Works Chairman of the Supervisory Boards C­ ouncil, AG ­Management, SE Council, Siemens AG of Siemens AG and ThyssenKrupp AG Date of birth: February 22, 1949 Date of birth: December 23, 1954 Date of birth: March 14, 1959 Date of birth: February 25, 1943 Member since: January 23, 2003 Member since: January 24, 2008 Member since: April 1, 2007 Member since: January 23, 2003 External positions External positions German supervisory board positions: Jean-Louis Beffa Hans-Jürgen Hartung* German supervisory board positions: Allianz Deutschland AG, Munich Allianz SE, Munich Supervisory board member Allianz Global Investors AG, Munich Chairman of the Works Council, (Deputy Chairman) Date of birth: August 11, 1941 (Chairman) Siemens Energy Sector, Erlangen, Axel Springer AG, Berlin Member since: January 24, 2008 BASF SE, Ludwigshafen am Rhein (Deputy Chairman) ThyssenKrupp AG, Duisburg and Essen External positions Date of birth: March 10, 1952 (Chairman) Linde AG, Munich Member since: January 27, 2009 Positions outside Germany: (Deputy Chairman) Positions outside Germany: Claude Bernard Participations SAS, Compagnie de Saint-Gobain S.A., Positions outside Germany: France Allianz France SA, France France (Chairman) Harald Kern* (Deputy Chairman) Compagnie de Saint-Gobain S.A., Allianz S.p.A., Italy Memberf o the Central Works Council, France Siemens AG; Deputy Chairman of the Berthold Huber* GDF SUEZ S.A., France Siemens Europe Committee First Deputy Chairman Groupe Bruxelles Lambert, Belgium Date of birth: March 16, 1960 JL2B Conseil, France Hans Michael Gaul, Dr. iur. First Chairman, IG Metall Member since: January 24, 2008 (Chairman) Supervisory board member Date of birth: February 15, 1950 Le Monde S.A., France Date of birth: March 2, 1942 Member since: July 1, 2004 Le Monde & Partenaires Associés Member since: January 24, 2008 Nicola Leibinger-Kammüller, External positions S.A.S., France Saint-Gobain Corporation, USA External positions Dr. phil. German supervisory board positions: Société Editrice du Monde S.A., German supervisory board positions: President and Chairwoman Audi AG, Ingolstadt France Evonik Industries AG, Essen of the Managing Board, (Deputy Chairman) EWE Aktiengesellschaft, Oldenburg TRUMPF GmbH + Co. KG Porsche Automobil Holding SE, HSBC Trinkaus & Burkhardt AG, Date of birth: December 15, 1959 Stuttgart D­ üsseldorf Gerd von Brandenstein Member since: January 24, 2008 IVG Immobilien AG, Bonn Economist VNG-Verbundnetz Gas AG, Leipzig External positions Josef Ackermann, Dr. oec. Date of birth: April 6, 1942 Volkswagen AG, Wolfsburg German supervisory board positions: Second Deputy Chairman Member since: January 24, 2008 Axel Springer AG, Berlin Deutsche AG, Cologne Chairman of the Managing Board and External positions Voith AG, Heidenheim an der Brenz of the Group Executive Committee, German supervisory board positions: Peter Gruss, Prof. Dr. rer. nat. Deutsche Bank AG degewo Aktiengesellschaft, Berlin President, Max-Planck-Gesellschaft zur Date of birth: February 7, 1948 Förderung der Wissenschaften e.V. Member since: January 23, 2003 Date of birth: June 28, 1949 External positions Member since: January 24, 2008 Positions outside Germany: External positions Belenos Clean Power Holding Ltd., German supervisory board positions: Switzerland Münchener Rückversicherungs-Gesell- (Deputy Chairman) schaft Aktiengesellschaft in München, Royal Dutch Shell plc, Netherlands Munich Zurich Financial Services AG, S­ witzerland (Deputy Chairman)

6 To our shareholders 21 Corporate Governance 49 Combined management’s discussion and analysis 254 Werner Mönius* Birgit Steinborn* Chairman of the Deputy Chairwoman of the Siemens Europe Committee Central Works Council, Siemens AG Date of birth: May 16, 1954 Date of birth: March 26, 1960 Member since: January 24, 2008 Member since: January 24, 2008

Håkan Samuelsson Lord Iain Vallance of T­ ummel Supervisory board member Chairman, Amsphere Ltd. Date of birth: March 19, 1951 Date of birth: May 20, 1943 Member since: January 24, 2008 Member since: January 23, 2003 External positions German supervisory board positions: Scandferries Holding GmbH, Rostock Sibylle Wankel* (Chairman) 1 Attorney, Bavarian Scandlines GmbH, Rostock ­Regional ­Headquarters, IG Metall (Chairman) Date of birth: March 3, 1964 Positions outside Germany: Member since: April 1, 2009 Volvo Car Corporation, Sweden External positions

German supervisory board positions: Vaillant GmbH, Remscheid Dieter Scheitor* ZEPPELIN GmbH, Friedrichshafen Physicist Trade Union Commissioner for Siemens, IG Metall Date of birth: November 23, 1950 Member since: January 25, 2007

Rainer Sieg,* Dr. iur. Chairman of the Committee of Spokespersons, Siemens group; Chairman of the Central Committee of Spokespersons, Siemens AG Date of birth: December 20, 1948 Member since: January 24, 2008

1 Advisory board as comparable supervisory body

The Supervisory Board of Siemens AG has 20 members. As stipulated by the German Codetermination Act, half of the members represent Company shareholders, and half represent Company employees. The shareholder representatives were elected at the Annual Shareholders’ Meeting on January 24, 2008, and the employee representatives, whose names are marked with an asterisk (*), either were elected in accordance with the provisions of the German Codetermination Act on September 27, 2007, effective as of the end of the Annual Shareholders’ Meeting on January 24, 2008, or replaced an employee represen- tative who had resigned from the Supervisory Board. The Supervisory Board is elected for five years.

As of September 30, 2010

147 Consolidated Financial Statements 261 Additional information 255 148 Consolidated Statements of Income 152 Consolidated Statements of Changes in Equity 149 Consolidated Statements of Comprehensive Income 154 Notes to Consolidated Financial Statements 150 Consolidated Statements of Financial Position (in millions of €, except where otherwise stated 151 Consolidated Statements of Cash Flow and per share amounts)