This document constitutes three base prospectuses for the purposes of article 8(1) of Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017, as amended (“Prospectus Regulation”): (i) the base prospectus for Siemens Aktiengesellschaft in respect of non-equity securities within the meaning of article 2 (c) of the Prospectus Regulation (“Non-Equity Securities”), (ii) the base prospectus for Siemens Capital Company LLC in respect of Non-Equity Securities and (iii) the base prospectus for Siemens Financieringsmaatschappij N.V. in respect of Non-Equity Securities (together, “Prospectus”). SIEMENS AKTIENGESELLSCHAFT (A stock corporation incorporated in the Federal Republic of Germany) as Issuer of Instruments and as Guarantor for Instruments issued by Siemens Capital Company LLC and Siemens Financieringsmaatschappij N.V. SIEMENS CAPITAL COMPANY LLC (A limited liability company organized under the laws of the State of Delaware, United States of America) as Issuer of Instruments SIEMENS FINANCIERINGSMAATSCHAPPIJ N.V. (A public company with limited liability incorporated in The Netherlands) as Issuer of Instruments €30,000,000,000 PROGRAMME FOR THE ISSUANCE OF DEBT INSTRUMENTS Application has been made to the Luxembourg Stock Exchange for debt instruments issued under the €30,000,000,000 programme for the issuance of debt instruments (“Instruments” and such programme “Programme”) to be listed on the official list of the Luxembourg Stock Exchange and admitted to trading on the Luxembourg Stock Exchange’s regulated market (“Luxembourg Stock Exchange’s Regulated Market”), which is a regulated market for the purposes of Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU as amended (“MiFID II”). However, Instruments may also be issued under the Programme which are listed and traded on another stock exchange or which will not be listed and traded on any stock exchange. The Guarantor has unconditionally and irrevocably guaranteed to Luther Rechtsanwaltsgesellschaft mbH, acting as trustee for the holders of Instruments, the payment of all amounts due under the Instruments issued by Siemens Capital Company LLC and Siemens Financieringsmaatschappij N.V. This Prospectus has been approved by the Commission de Surveillance du Secteur Financier of the Grand Duchy of Luxembourg (“CSSF”) in its capacity as competent authority under the Prospectus Regulation and the Luxembourg law of July 16, 2019 relating to prospectuses for securities (Loi relative aux prospectus pour valeurs mobilières - “Luxembourg Prospectus Law”) and will be published in electronic form on the website of the Luxembourg Stock Exchange (www.bourse.lu). Each Issuer has requested the CSSF to provide the competent authorities in the Federal Republic of Germany (“Germany”), The Netherlands and the Republic of Austria with a certificate of approval attesting that this Prospectus has been drawn up in accordance with the Prospectus Regulation (“Notification”). Each Issuer may request the CSSF to provide competent authorities in additional Member States within the European Economic Area (“EEA”) or the United Kingdom (“UK”) with a Notification. Prospective investors of the Instruments should in particular refer to Important Notice beginning on page 1 and to Risk Factors in Part B of this Prospectus. Arranger MORGAN STANLEY Dealers BARCLAYS BNP PARIBAS BofA SECURITIES COMMERZBANK CREDIT SUISSE DEUTSCHE BANK GOLDMAN SACHS INTERNATIONAL J.P. MORGAN MORGAN STANLEY UBS INVESTMENT BANK December 8, 2020 RESPONSIBILITY STATEMENT Each of Siemens Aktiengesellschaft with its registered offices in Munich and Berlin, Germany, Siemens Capital Company LLC with its registered office in Wilmington, Delaware, USA and Siemens Financieringsmaatschappij N.V. with its registered office in The Hague, The Netherlands (each an “Issuer” and together, “Issuers”) (in each case in relation to itself and in respect of the Instruments issued by itself only) and Siemens Aktiengesellschaft in its capacity as guarantor (“Guarantor”) (in relation to itself and the Instruments only) accepts responsibility for the information contained in this Prospectus provided however that with regard to the information contained in the description of Siemens Capital Company LLC and Siemens Financieringsmaatschappij N.V. Siemens Aktiengesellschaft only accepts responsibility regarding the correct reproduction of such information. The CSSF has only approved this Prospectus as meeting the standards of completeness, comprehensibility and consistency imposed by the Prospectus Regulation. Such an approval should not be considered as an endorsement of the Issuers or the Guarantor or the quality of any Instruments that are the subject of this Prospectus. Neither does the CSSF give any undertaking as to the economic and financial soundness of the operation or the quality or solvency of the Issuers or the Guarantor pursuant to Article 6(4) Luxembourg Prospectus Law by approving this Prospectus. Investors should make their own assessment as to the suitability of investing in the Instruments. Each of the Issuers declares that, to the best of its knowledge, the information contained in this Prospectus, for which it is responsible, is in accordance with the facts and that this Prospectus makes no omission likely to affect the import of such information. IMPORTANT NOTICE Prospectus This Prospectus is to be read and construed together with any supplement(s) thereto and with any other documents incorporated by reference herein. Full information on the Issuers and any Tranches (as defined herein) of Instruments, is only available on the basis of the combination of this Prospectus and the Final Terms (as defined herein) relating to such Tranche. For the avoidance of doubt, the information on any website referred to in this Prospectus except for the information on the website www.bourse.lu in the context of the documents incorporated by reference, does not form part of this Prospectus and has not been scrutinized or approved by the CSSF. Exclusiveness No person has been authorized to give any information or to make any representation which is not contained in or not consistent with this Prospectus or any information supplied by the relevant Issuer in connection with the Programme and, if given or made, such information or representation should not be relied upon as having been authorized by or on behalf of the Issuers, the Guarantor, the Dealers (as defined below) or any of them. No Responsibility of the Dealers The arranger and the dealers (including any further dealer appointed according to the dealership agreement relating to the Programme dated December 8, 2020 (“Dealers”)) to the extent permitted by the laws of any relevant jurisdiction do not accept any responsibility as to the accuracy or completeness of the information contained in this Prospectus. Non-Significance of Delivery This Prospectus is valid until its expiration on December 8, 2021. There is no obligation to supplement this Prospectus in the event of significant new factors, material mistakes or material inaccuracies when this Prospectus is no longer valid. This Prospectus and any supplement(s) thereto as well as any Final Terms reflect the status as of their respective dates of issue. Neither the delivery of this Prospectus or any Final Terms nor the offering, sale or delivery of any Instrument, in any circumstances, creates any implication that the information contained in such documents is accurate and complete subsequent to their respective dates of issue or that there has been no adverse change in the financial situation of any of the Issuers or the Guarantor since such date or, that any other information supplied in connection with the Programme is accurate at any time subsequent to the date indicated in the document containing the same. 1 Restriction on Distribution, Offer and Sale Law may restrict the distribution of this Prospectus, any supplement(s) thereto and any Final Terms and the offering, sale and delivery of the Instruments in certain jurisdictions. Persons into whose possession this Prospectus, any supplement(s) thereto or any Final Terms fall, are required to inform themselves about and to observe any such restrictions. For a description of certain restrictions on offers, sales and deliveries of Instruments and on the distribution of this Prospectus, any supplement(s) thereto or any Final Terms and other offering material relating to the Instruments, see “Part I: Subscription and Sale”. Neither the Instruments nor the SCC Guarantee (as defined herein) nor the SFM Guarantee (as defined herein) have been, or will be, registered under the United States Securities Act of 1933, as amended (“Securities Act”), or with any securities regulatory authority of any state or other jurisdiction of the United States and are being sold pursuant to an exemption from the registration requirements of the Securities Act. The Instruments may include Instruments in bearer form that are subject to U.S. Tax Law requirements. Accordingly, the Instruments are being offered and sold only outside the United States of America to non-U.S. persons (as such term is defined in Regulation S under the Securities Act (“Regulation S”)) in reliance on Regulation S. For further details, see “Part I: Subscription and Sale”. The Instruments have not been approved or disapproved by the United States Commodity Futures Trading Commission, by the United