<p><strong>Siemens AG </strong></p><p>August 2021 </p><p>Unrestricted | © Siemens 2021 | August 2021 </p><p><strong>Disclaimer </strong></p><p>This document contains statements related to our future business and financial </p><p>performance and future events or developments involving Siemens that may constitute forward-looking statements. These statements may be identified by </p><p>words such as “expect,” “look forward to,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project” or words of similar meaning. We may also </p><p>make forward-looking statements in other reports, in prospectuses, in presentations, in material delivered to shareholders and in press releases. In addition, our representatives may from time to time make oral forward-looking statements. Such statements are based on the current expectations and certain </p><p>assumptions of Siemens’ management, of which many are beyond Siemens’ </p><p>control. These are subject to a number of risks, uncertainties and factors, including, but not limited to, those described in disclosures, in particular in the chapter Report on expected developments and associated material opportunities and risks of the Annual Report, and in the Half-year Financial Report, which should be read in conjunction with the Annual Report. Should one or more of </p><p>these risks or uncertainties materialize, events of force majeure, such as </p><p>pandemics, occur or should underlying expectations including future events occur at a later date or not at all or assumptions prove incorrect, actual results, performance or achievements of Siemens may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forwardlooking statement. </p><p>Siemens neither intends, nor assumes any obligation, to update or revise these </p><p>forward-looking statements in light of developments which differ from those anticipated. </p><p>This document includes – in the applicable financial reporting framework not clearly defined – supplemental financial measures that are or may be alternative performance measures (non-GAAP-measures). These supplemental financial </p><p>measures should not be viewed in isolation or as alternatives to measures of </p><p>Siemens’ net assets and financial positions or results of operations as presented </p><p>in accordance with the applicable financial reporting framework in its Consolidated Financial Statements. Other companies that report or describe similarly titled alternative performance measures may calculate them differently. </p><p>Due to rounding, numbers presented throughout this and other documents may </p><p>not add up precisely to the totals provided and percentages may not precisely </p><p>reflect the absolute figures. </p><p>Financial publications are available for download at: </p><p><a href="/goto?url=http://www.siemens.com/ir" target="_blank">www.siemens.com/ir </a></p><p><strong>Page 2 </strong></p><p>Unrestricted | © Siemens 2021 | August 2021 </p><p><strong>173 years </strong></p><p><strong>of innovation and </strong></p><p><strong>social responsibility </strong></p><p><strong>Page 3 </strong></p><p>Unrestricted | © Siemens 2021 | August 2021 </p><p></p><ul style="display: flex;"><li style="flex:1"><strong>1816 – 1892 </strong></li><li style="flex:1"><strong>1866 </strong></li></ul><p></p><p></p><ul style="display: flex;"><li style="flex:1">Company founder, </li><li style="flex:1">The dynamo makes </li></ul><p>electricity part of everyday life </p><p>Siemens innovations </p><p><strong>Milestones in a 173-year history </strong></p><p>visionary and inventor </p><p></p><ul style="display: flex;"><li style="flex:1"><strong>1847 </strong></li><li style="flex:1"><strong>1879 </strong></li></ul><p></p><p>Pointer telegraph lays the </p><p>World’s first </p><p>foundation of Siemens as a </p><p>global company </p><p>electric railway </p><p><strong>Page 4 </strong></p><p>Unrestricted | © Siemens 2021 | August 2021 </p><p></p><ul style="display: flex;"><li style="flex:1"><strong>1925 </strong></li><li style="flex:1"><strong>1975 </strong></li><li style="flex:1"><strong>2010 </strong></li><li style="flex:1"><strong>2016 </strong></li><li style="flex:1"><strong>2019 </strong></li></ul><p></p><p>Siemens electrifies the Irish Free State with a hydroelectric power plant <br>Breakthrough of highvoltage direct-current (HVDC) transmission <br>TIA Portal takes automation a stage further </p><ul style="display: flex;"><li style="flex:1">MindSphere, </li><li style="flex:1">Launch of first project </li></ul><p></p><ul style="display: flex;"><li style="flex:1">for Siemensstadt 2.0 </li><li style="flex:1">the cloud-based IoT </li></ul><p>operating system </p><p></p><ul style="display: flex;"><li style="flex:1"><strong>1959 </strong></li><li style="flex:1"><strong>1983 </strong></li><li style="flex:1"><strong>2012 </strong></li><li style="flex:1"><strong>2018 </strong></li><li style="flex:1"><strong>2020 </strong></li></ul><p></p><p></p><ul style="display: flex;"><li style="flex:1">SIMATIC </li><li style="flex:1">First magnetic resonance </li><li style="flex:1">Test operation of the </li></ul><p></p><p>world‘s largest rotor for </p><p>offshore wind turbines <br>Charter of Trust: a joint </p><p>initiative for a secure </p><p>digital world <br>Comfy workplace app makes </p><p>revolutionizes </p><p>automation </p><p></p><ul style="display: flex;"><li style="flex:1">imaging scanner </li><li style="flex:1">it safe to return to the office </li></ul><p></p><p>during the coronavirus pandemic </p><p><strong>Page 5 </strong></p><p>Unrestricted | © Siemens 2021 | August 2021 </p><p><strong>Siemens has been shaping industrial revolutions </strong></p><p><strong>ever since its founding </strong></p><p><strong>Digitalization – </strong></p><p>4<sup style="top: -0.45em;">th </sup>Industrial Revolution </p><p>Combining the real and the digital worlds in industry, infrastructure, mobility and healthcare </p><p><strong>Automation – </strong></p><p>Automation of production </p><p>and computerization </p><p>3<sup style="top: -0.45em;">rd </sup>Industrial </p><p>Revolution </p><p><strong>Electrification – </strong></p><p>Introduction of the assembly line and advances in transportation </p><p>2<sup style="top: -0.45em;">nd </sup>Industrial Revolution </p><p><strong>Founding of Siemens </strong></p><p>1<sup style="top: -0.45em;">st </sup>Industrial Revolution </p><p><strong>Steam power – </strong></p><p>Shift from manual to mechanical production </p><p><strong>Page 6 </strong></p><p>Unrestricted | © Siemens 2021 | August 2021 </p><p><strong>Page 7 </strong></p><p>Unrestricted | © Siemens 2021 | August 2021 </p><p><strong>Page 8 </strong></p><p>Unrestricted | © Siemens 2021 | August 2021 </p><p><strong>Our four strategic priorities </strong></p><p><strong>Customer </strong></p><p><strong>impact </strong><br><strong>Empowered people </strong></p><p>Driving progress through empowering our customers, partners and employees. <br>We anticipate what our customers need before they even know they need it. </p><p><strong>Growth </strong></p><p><strong>mindset </strong></p><p>Rather than make yesterday last, we are </p><p>committed to building tomorrow – by learning and being open to change. </p><p><strong>Technology with purpose </strong></p><p>Innovative technology has been at the core of <br>Siemens for more than 170 years and it will remain at the core of the future we're building. </p><p><strong>Page 9 </strong></p><p>Unrestricted | © Siemens 2021 | August 2021 </p><p>… built in factories running on </p><p>Siemens automation ... </p><p>We commute in cars designed </p><p>with Siemens software… <br>… and charged by a Siemens </p><p>smart grid. </p><p><strong>Page 10 </strong></p><p>Unrestricted | © Siemens 2021 | August 2021 </p><p>We work in smart buildings that </p><p></p><ul style="display: flex;"><li style="flex:1">… that use energy </li><li style="flex:1">… and connect the physical and </li></ul><p>promote our health and safety… </p><p>with maximum efficiency ... </p><p>the digital workplace. </p><p><strong>Page 11 </strong></p><p>Unrestricted | © Siemens 2021 | August 2021 </p><p>We book our train tickets with </p><p></p><ul style="display: flex;"><li style="flex:1">… to travel on trains </li><li style="flex:1">… operated with Siemens </li></ul><p>Siemens software … </p><p>made by Siemens ... </p><p>infrastructure technology. </p><p><strong>Page 12 </strong></p><p>Unrestricted | © Siemens 2021 | August 2021 </p><p>We rely on life-saving drugs </p><p></p><ul style="display: flex;"><li style="flex:1">… as well as accurate </li><li style="flex:1">… all of which are made </li></ul><p>and treatments… </p><p>medical diagnoses, ... </p><p>possible by Siemens solutions. </p><p><strong>Page 13 </strong></p><p>Unrestricted | © Siemens 2021 | August 2021 </p><p><strong>Page 14 </strong></p><p>Unrestricted | © Siemens 2021 | August 2021 </p><p><strong>Siemens is focused on the industries that form the backbone of our economies – industry, infrastructure, mobility, and healthcare </strong></p><p><strong>Digital transformation of </strong></p><p><strong>industry, infrastructure and mobility </strong><br><strong>Healthcare </strong></p><p><strong>Energy transition </strong></p><p><strong>Siemens </strong></p><p><strong>Siemens </strong><br><strong>Healthineers</strong><sup style="top: -0.4em;"><strong>1 </strong></sup><br><strong>Siemens Energy</strong><sup style="top: -0.4em;"><strong>2 </strong></sup></p><p><strong>1 </strong>Publicly listed subsidiary of Siemens; Siemens’ share in Siemens Healthineers: 75% | <strong>2 </strong>Non-controlled publicly listed associate </p><p><strong>Page 15&nbsp;</strong>Unrestricted | © Siemens 2021 | August 2021 </p><p><strong>By combining the real and the digital worlds, Siemens empowers its customers to master their digital transformation and sustainability challenges </strong></p><p><strong>Real </strong></p><p><strong>world </strong></p><p><strong>Digital </strong></p><p><strong>world </strong></p><p><strong>Page 16 </strong></p><p>Unrestricted | © Siemens 2021 | August 2021 </p><p><strong>Businesses and Services of Siemens AG </strong></p><p><strong>Industrial Businesses </strong></p><p>Digital Industries <br>Smart Infrastructure <br>Siemens </p><ul style="display: flex;"><li style="flex:1">Healthineers<sup style="top: -0.4em;">1 </sup></li><li style="flex:1">Mobility </li></ul><p></p><p></p><ul style="display: flex;"><li style="flex:1"><strong>Other Businesses </strong></li><li style="flex:1"><strong>Services </strong></li></ul><p></p><p>Portfolio Companies <br>Siemens Advanta </p><p>Siemens </p><p>Financial Services&nbsp;Real Estate </p><p>Siemens </p><p>Global Business Services </p><p><strong>1 </strong>Publicly listed subsidiary of Siemens; Siemens’ share in Siemens Healthineers: 75% </p><p><strong>Page 17&nbsp;</strong>Unrestricted | © Siemens 2021 | August 2021 </p><p><strong>Management </strong></p><p>Managing Board of Siemens AG </p><p><strong>Dr. Roland </strong></p><p><strong>Busch </strong></p><p>President and CEO </p><p><strong>Matthias Rebellius </strong></p><ul style="display: flex;"><li style="flex:1"><strong>Judith </strong></li><li style="flex:1"><strong>Cedrik </strong></li></ul><p></p><p><strong>Neike </strong><br><strong>Prof. Dr. Ralf P. </strong><br><strong>Wiese </strong></p><p>CHRO </p><p><strong>Thomas </strong></p><p>CFO </p><p><strong>1 </strong>Until March 31, 2021 </p><p><strong>Page 18 </strong></p><p>Unrestricted | © Siemens 2021 | August 2021 </p><p><strong>Management of Siemens’ Businesses </strong></p><p><strong>Digital Industries </strong><br><strong>Smart Infrastructure </strong></p><ul style="display: flex;"><li style="flex:1"><strong>Mobility </strong></li><li style="flex:1"><strong>Siemens </strong></li></ul><p><strong>Advanta </strong><br><strong>Portfolio Companies </strong><br><strong>Siemens Healthineers </strong></p><p></p><ul style="display: flex;"><li style="flex:1"><strong>Cedrik Neike </strong></li><li style="flex:1"><strong>Matthias Rebellius </strong></li><li style="flex:1"><strong>Michael Peter </strong></li><li style="flex:1"><strong>Aymeric Sarrazin </strong></li><li style="flex:1"><strong>Dr. Horst J. Kayser </strong></li><li style="flex:1"><strong>Dr. Bernd Montag </strong></li><li style="flex:1"><strong>Darleen Caron </strong></li></ul><p></p><p></p><ul style="display: flex;"><li style="flex:1">CEO </li><li style="flex:1">CEO </li><li style="flex:1">CEO </li><li style="flex:1">CEO </li><li style="flex:1">Chairman </li><li style="flex:1">CEO </li><li style="flex:1">CHRO </li></ul><p></p><p></p><ul style="display: flex;"><li style="flex:1"><strong>Rudolf Basson </strong></li><li style="flex:1"><strong>Axel Meier </strong></li><li style="flex:1"><strong>Karl Blaim </strong></li><li style="flex:1"><strong>Ariane Hemmer </strong></li><li style="flex:1"><strong>Dr. Martin Meyer </strong></li><li style="flex:1"><strong>Dr. Jochen </strong></li></ul><p><strong>Schmitz </strong><br><strong>Dr. Christoph Zindel </strong></p><p></p><ul style="display: flex;"><li style="flex:1">CFO </li><li style="flex:1">CFO </li><li style="flex:1">CFO </li><li style="flex:1">CFO </li><li style="flex:1">Head of Finance </li></ul><p></p><ul style="display: flex;"><li style="flex:1">CFO </li><li style="flex:1">Board member </li></ul><p></p><p><strong>Page 19 </strong></p><p>Unrestricted | © Siemens 2021 | August 2021 </p><p><strong>We leverage our Company Core Technologies across all businesses for the long-term success of Siemens and its customers </strong></p><p>Additive manufacturing <br>Autonomous robotics <br>Blockchain applications <br>Connected (e)mobility <br>Connectivity and edge </p><p></p><ul style="display: flex;"><li style="flex:1">Data analytics, </li><li style="flex:1">Distributed </li><li style="flex:1">Storage </li><li style="flex:1">Future of </li></ul><p></p><ul style="display: flex;"><li style="flex:1">Cybersecurity </li><li style="flex:1">artificial intelligence&nbsp;energy systems </li><li style="flex:1">applications </li><li style="flex:1">automation </li></ul><p></p><p>Materials &amp; </p><p>Manufacturing </p><p>Power </p><p>electronics </p><p>Simulation and </p><p>digital twins </p><p>Software systems </p><p>and processes </p><p><strong>Page 20 </strong></p><p>Unrestricted | © Siemens 2021 | August 2021 </p>