New CEO at Siemens Financial Services – Kevin Zander to succeed Veronika Bienert julia.wiemer@s… Wed, 11/12/2025 - 14:46 Please use another Browser It looks like you are using a browser that is not fully supported. Please note that there might be constraints on site display and usability. For the best experience we suggest that you download the newest version of a supported browser: Internet Explorer, Chrome Browser, Firefox Browser, Safari BrowserContinue with the current browserPlease allow JavaScriptThis page requires JavaScript in order to be fully functional and displayed correctly. Please enable JavaScript and reload the site. How to enable JavaScript Press Release12 November 2025Siemens AGMunich New CEO at Siemens Financial Services – Kevin Zander to succeed Veronika BienertDr. Kevin Zander – currently CEO of SFS’s Commercial Finance Business Unit – to assume new position, effective January 1, 2026 Veronika Bienert to succeed Prof. Dr. Ralf P. Thomas as CFO of Siemens AG in the course of fiscal 2026 Dr. Kevin Zander (45) has been appointed to head Siemens Financial Services (SFS), effective January 1, 2026. As CEO, he will succeed Veronika Bienert (52), who has been appointed to succeed Prof. Dr. Ralf P. Thomas as CFO of Siemens AG in the course of fiscal 2026. The Managing Board at SFS, the financing arm of Siemens, will now comprise Zander together with SFS CFO Dr. Andreas Rudolf. Dr. Kevin Zander – currently CEO of SFS’s Commercial Finance Business Unit – to assume new position, effective January 1, 2026 Veronika Bienert to succeed Prof. Dr. Ralf P. Thomas as CFO of Siemens AG in the course of fiscal 2026 Dr. Kevin Zander (45) has been appointed to head Siemens Financial Services (SFS), effective January 1, 2026. As CEO, he will succeed Veronika Bienert (52), who has been appointed to succeed Prof. Dr. Ralf P. Thomas as CFO of Siemens AG in the course of fiscal 2026. The Managing Board at SFS, the financing arm of Siemens, will now comprise Zander together with SFS CFO Dr. Andreas Rudolf. “The last ten years have been characterized by a profound transformation of the real, digital and financial worlds as well as major changes in market conditions and customer requirements. It’s been a great privilege to have led and reoriented Siemens Financial Services during this time of unrelenting change and transformation, while always focusing on the creation of sustainable business value for our customers and our company. In the months ahead, I’ll be devoting myself to the transfer of the finance function of Siemens AG,” emphasized Veronika Bienert. “With his extensive expertise in the global financing business, his demonstrated understanding of technology and his sound strategic sense, Kevin is ideally suited to shape the next chapter of Siemens Financial Services, supporting our ONE Tech Company program. I’d like to wish him and the entire SFS team every success and the strategic foresight needed to provide financing that makes a difference.”Veronika Bienert has served as CEO of Siemens Financial Services since 2021. In this capacity, she has been responsible for a successful business model with a reliable return on equity and has positioned the unit as a strategic enabler for the industrial business of Siemens AG and as a bridge to partners in the wider ecosystem. As a member of Siemens’ Managing Board since 2024, Bienert has been responsible for the services portfolio of Siemens Financial Services, Siemens Real Estate and Global Business Services.“As CEO and Managing Director, I’m looking forward to assuming responsibility for Siemens Financial Services,” said Kevin Zander. “I’d particularly like to thank Veronika Bienert and the entire Siemens Managing Board for the confidence they’ve placed in me. SFS combines technological know-how with financial expertise in a unique way that enables it to act as a long-term supporter and integrator for Siemens’ businesses. My goal is to continue Veronika Bienert’s successful work and – together with Andreas Rudolf and the entire SFS team – further develop our business across our strategic priorities and to the advantage of our customers and partners.”Since 2024, Zander has been Chief Executive Officer (CEO) of the Commercial Finance Business Unit of Siemens Financial Services. He was previously Chief Risk Officer (CRO) of SFS’s Equity Finance Business Unit. Before joining SFS in 2021, he worked for McKinsey & Company and Commerzbank. Zander studied industrial engineering at the University of Karlsruhe (now the Karlsruhe Institute of Technology, KIT) and earned a doctorate from the Otto Beisheim School of Management (WHU). For this press release PDF DownloadFollow us at @siemens_pressSiemens AG (Berlin and Munich) is a leading technology company focused on industry, infrastructure, mobility, and healthcare. The company’s purpose is to create technology to transform the everyday, for everyone. By combining the real and the digital worlds, Siemens empowers customers to accelerate their digital and sustainability transformations, making factories more efficient, cities more livable, and transportation more sustainable. A leader in industrial AI, Siemens leverages its deep domain know-how to apply AI – including generative AI – to real-world applications, making AI accessible and impactful for customers across diverse industries. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a leading global medical technology provider pioneering breakthroughs in healthcare. For everyone. Everywhere. Sustainably. In fiscal 2024, which ended on September 30, 2024, the Siemens Group generated revenue of €75.9 billion and net income of €9.0 billion. As of September 30, 2024, the company employed around 312,000 people worldwide on the basis of continuing operations. Further information is available on the Internet at www.siemens.com. Read moreSiemens 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. www.siemens.com/finance. Read moreReference Number: ContactBernhard Mors+49 173 5670821 [email protected] SiemensGet in touchFollow our global channels Follow Change region Global | English

Supervisory Board of Siemens AG extends Managing Board contracts of Veronika Bienert and Peter Koerte ahead of schedule julia.wiemer@s… Wed, 11/12/2025 - 14:46 Please use another Browser It looks like you are using a browser that is not fully supported. Please note that there might be constraints on site display and usability. For the best experience we suggest that you download the newest version of a supported browser: Internet Explorer, Chrome Browser, Firefox Browser, Safari BrowserContinue with the current browserPlease allow JavaScriptThis page requires JavaScript in order to be fully functional and displayed correctly. Please enable JavaScript and reload the site. How to enable JavaScript Press Release12 November 2025Siemens AGMunich Supervisory Board of Siemens AG extends Managing Board contracts of Veronika Bienert and Peter Koerte ahead of scheduleThe Supervisory Board of Siemens AG has decided to extend the Managing Board contracts of Veronika Bienert and Peter Koerte – ahead of schedule – as of April 1, 2026, for another five years. Veronika Bienert is to succeed Ralf P. Thomas as CFO in the course of fiscal 2026.Peter Koerte will continue to play a key role in the implementation of the ONE Tech Company program – in particular, in the strategic orientation and development of the AI portfolio. Ralf P. Thomas will continue to serve as supervisory board chairman of Siemens Healthineers AG after his departure from Siemens AG.The early extension of the Managing Board contracts and the CFO succession plan will ensure continuity and stability. At its meeting today, the Supervisory Board of Siemens AG decided to extend the Managing Board contracts of Veronika Bienert and Peter Koerte – ahead of schedule – as of April 1, 2026, for another five years. It also decided to appoint Veronika Bienert to succeed Prof. Dr. Ralf P. Thomas as Siemens CFO in the course of fiscal 2026. As a member of the Managing Board, Veronika Bienert is currently responsible for the services portfolio of Siemens Financial Services, Siemens Real Estate and Global Business Services. She is also CEO of Siemens Financial Services. Prof. Dr. Ralf P. Thomas, who has already been CFO for over a decade and has worked at the company for a total of more than 30 years, will transfer his position to Veronika Bienert in an orderly process, after the completion of a careful transition and onboarding phase. A decision regarding the exact timing of the transfer will be made as part of the transition process. Ralf P. Thomas will continue to serve as supervisory board chairman of Siemens Healthineers AG after his departure from Siemens AG.The Supervisory Board of Siemens AG has decided to extend the Managing Board contracts of Veronika Bienert and Peter Koerte – ahead of schedule – as of April 1, 2026, for another five years. Veronika Bienert is to succeed Ralf P. Thomas as CFO in the course of fiscal 2026.Peter Koerte will continue to play a key role in the implementation of the ONE Tech Company program – in particular, in the strategic orientation and development of the AI portfolio. Ralf P. Thomas will continue to serve as supervisory board chairman of Siemens Healthineers AG after his departure from Siemens AG.The early extension of the Managing Board contracts and the CFO succession plan will ensure continuity and stability. At its meeting today, the Supervisory Board of Siemens AG decided to extend the Managing Board contracts of Veronika Bienert and Peter Koerte – ahead of schedule – as of April 1, 2026, for another five years. It also decided to appoint Veronika Bienert to succeed Prof. Dr. Ralf P. Thomas as Siemens CFO in the course of fiscal 2026. As a member of the Managing Board, Veronika Bienert is currently responsible for the services portfolio of Siemens Financial Services, Siemens Real Estate and Global Business Services. She is also CEO of Siemens Financial Services. Prof. Dr. Ralf P. Thomas, who has already been CFO for over a decade and has worked at the company for a total of more than 30 years, will transfer his position to Veronika Bienert in an orderly process, after the completion of a careful transition and onboarding phase. A decision regarding the exact timing of the transfer will be made as part of the transition process. Ralf P. Thomas will continue to serve as supervisory board chairman of Siemens Healthineers AG after his departure from Siemens AG.As a member of the Managing Board of Siemens AG, Chief Technology Officer and Chief Strategy Officer, Dr. Peter Koerte is playing a key role in the implementation of the ONE Tech Company program – in particular, in the strategic orientation and development of the AI portfolio. It is of particular importance for the Supervisory Board to ensure continuity and stability at an early stage in order to safeguard planning security in a key moment of Siemens’ transformation – a major step to strengthen the company’s leading position and launch its next growth phase.“On behalf of the entire Supervisory Board I’d like to cordially congratulate Veronika Bienert and Peter Koerte on the early extension of their contracts,” said Jim Hagemann Snabe, Chairman of the Supervisory Board of Siemens AG. “In Ms. Bienert, we’re gaining an experienced, internationally prominent and optimally networked financial expert to head our important finance portfolio. She combines wide-ranging financial expertise with extensive entrepreneurial experience in our business areas and regions. Peter Koerte is playing a key role in the company’s current transformation – in particular, in the strategic orientation and development of Siemens’ AI portfolio. At the same time, I’d like to take this opportunity to thank Ralf Thomas for his extraordinary commitment and his outstanding services over the last three decades. With his strategic foresight, steady hand and personal integrity, he’s made a major contribution to our company’s strength today. I’d particularly like to thank Ralf Thomas also for his active support in the selection and further development of his successor.”“Veronika Bienert and Peter Koerte are admired and respected members of our Managing Board team,” said Roland Busch, President and CEO of Siemens AG. “Veronika Bienert is an outstanding financial expert and entrepreneur who knows Siemens in all its facets. With his strategic vision and extensive technological know-how, Peter Koerte is decisively driving the implementation of our ONE Tech Company program. I’d also like to take this opportunity to thank Ralf Thomas for his extraordinary achievements and many years of trust-based collaboration. Siemens’ development over the past few years and our company’s rock solid financial foundation bear to a large extent his signature.”“My appointment as CFO is for me a very meaningful step and an expression of great trust,” emphasized Veronika Bienert. “I’m looking forward to continuing Ralf Thomas’s successful work and, at the same time, bringing in new perspectives so that Siemens can unlock its full potential as ONE Tech Company across all its businesses and regions and thus create sustainable value for our company. The application of digital technologies in our financial function will play a key role in this respect, and – together with our excellent teams – I’ll vigorously accelerate its use.”“I’d like to take this opportunity to sincerely thank the Supervisory Board for its trust and support. I’m very much looking forward to decisively driving the implementation of our ONE Tech Company program in order to achieve stronger customer focus, faster innovations and higher growth. In particular, I’ll further expand our technological leadership – especially in the area of industrial AI – and scale our AI offerings to create even more value for our customers,” said Peter Koerte.“I am very pleased by the Supervisory Board’s decision to appoint Veronika Bienert CFO of Siemens AG,” said Ralf P. Thomas. “It has been my privilege for many years to have supported her in her successful and wide-ranging development at our company, and I am firmly convinced that – with her extensive financial expertise and comprehensive business experience – Veronika Bienert is optimally prepared to assume this key responsibility at our company. Together, we will ensure a smooth transfer of the finance function with its extremely efficient and highly motivated teams. At the same time, I am deeply grateful that I have been permitted to serve Siemens for a total of more than 30 years and, finally, as CFO for over a decade. It was – and is – a great honor for me to have been able to actively help shape the development of this great company.”Veronika Bienert began her Siemens career in 1993 with an apprenticeship in business administration and has subsequently performed a wide range of management tasks in, for example, Hong Kong, Russia and Germany. In a variety of management, strategy and finance positions, she has supported the transition of several global businesses such as Industrial Automation and Mobility. In 2016, she was appointed CFO of Siemens Financial Services with responsibility for the risk and finance functions. Since 2021, she has served as CEO of Siemens Financial Services. In this capacity, she has been responsible for a successful business model with a reliable return on equity and has positioned the unit as a strategic enabler for Siemens’ industrial business and as a bridge to partners in the wider ecosystem. Since October 2024, Veronika Bienert has been a member of Siemens’ Managing Board and CEO of Siemens Financial Services with responsibility for the services portfolio of Siemens Real Estate and Global Business Services.After working in France, among other places, early in his career, Peter Koerte has held a number of leadership positions at Siemens and Siemens Healthineers, including an eight-year stint with Siemens Healthineers in the U.S. He has wide-ranging experience in the areas of strategy and technology and was appointed Chief Technology Officer and Chief Strategy Officer in 2020. Since October 2024, Koerte has been a member of the Managing Board of Siemens AG and Chief Technology Officer and Chief Strategy Officer with responsibility for Siemens Xcelerator and Siemens Advanta, Foundational Technologies and Data & Artificial Intelligence. Press Photos Press Photos Press PhotosFor this press release PDF DownloadFollow us at @siemens_pressSiemens AG (Berlin and Munich) is a leading technology company focused on industry, infrastructure, mobility, and healthcare. The company’s purpose is to create technology to transform the everyday, for everyone. By combining the real and the digital worlds, Siemens empowers customers to accelerate their digital and sustainability transformations, making factories more efficient, cities more livable, and transportation more sustainable. A leader in industrial AI, Siemens leverages its deep domain know-how to apply AI – including generative AI – to real-world applications, making AI accessible and impactful for customers across diverse industries. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a leading global medical technology provider pioneering breakthroughs in healthcare. For everyone. Everywhere. Sustainably. In fiscal 2024, which ended on September 30, 2024, the Siemens Group generated revenue of €75.9 billion and net income of €9.0 billion. As of September 30, 2024, the company employed around 312,000 people worldwide on the basis of continuing operations. Further information is available on the Internet at www.siemens.com. Read moreReference Number: ContactSimon Krause+49 173 4039683 [email protected] Hilpert+49 173 8934962 [email protected] SiemensGet in touchFollow our global channels Follow Change region Global | English

Siemens enters next stage of growth with its ONE Tech Company program aniko.enderlei… Wed, 11/12/2025 - 08:39 Please use another Browser It looks like you are using a browser that is not fully supported. Please note that there might be constraints on site display and usability. For the best experience we suggest that you download the newest version of a supported browser: Internet Explorer, Chrome Browser, Firefox Browser, Safari BrowserContinue with the current browserPlease allow JavaScriptThis page requires JavaScript in order to be fully functional and displayed correctly. Please enable JavaScript and reload the site. How to enable JavaScript Press Release13 November 2025Siemens AGMunich Siemens enters next stage of growth with its ONE Tech Company program  Siemens raises mid-term revenue growth ambition to a range of 6 to 9 percent EPS pre PPA is expected to grow in the high single-digit range Siemens reaffirms its progressive dividend policy Ambition to double digital business revenue by 2030 €1 billion investment to scale AI over the next three years Record results in fiscal 2025: net income climbed 16 percent to €10.4 billion [fiscal 2024: €9.0 billion] – a historic high for the third consecutive year Increased dividend of €5.35 per share proposed [fiscal 2024: €5.20] Outlook for fiscal 2026: Siemens expects comparable revenue growth in the range of 6 percent to 8 percent and basic earnings per share before purchase price allocation accounting [EPS pre PPA] in the range of €10.40 to €11.00 With the announced plans to deconsolidate Siemens Healthineers, Siemens focuses on a highly synergistic portfolio ready to scale Siemens raises mid-term revenue growth ambition to a range of 6 to 9 percent EPS pre PPA is expected to grow in the high single-digit range Siemens reaffirms its progressive dividend policy Ambition to double digital business revenue by 2030 €1 billion investment to scale AI over the next three years Record results in fiscal 2025: net income climbed 16 percent to €10.4 billion [fiscal 2024: €9.0 billion] – a historic high for the third consecutive year Increased dividend of €5.35 per share proposed [fiscal 2024: €5.20] Outlook for fiscal 2026: Siemens expects comparable revenue growth in the range of 6 percent to 8 percent and basic earnings per share before purchase price allocation accounting [EPS pre PPA] in the range of €10.40 to €11.00 With the announced plans to deconsolidate Siemens Healthineers, Siemens focuses on a highly synergistic portfolio ready to scale Siemens today presents its strategy for achieving the next stage of growth at the “Siemens ONE Tech – Strategy & Results” event.“Siemens today is stronger than ever – with a record fiscal 2025. Our strategy works. We grow by combining the real and the digital worlds. With our ONE Tech Company program, we enter the next stage of growth and raise our mid-term ambition for revenue growth to 6 to 9 percent”, said Roland Busch, President and Chief Executive Officer of Siemens AG. “With a highly synergistic portfolio, we aim to double our digital business revenue, capitalize on growth regions and verticals, and scale our AI offerings with €1 billion investment over the next three years.”Siemens is raising its mid-term revenue growth ambition to a range of 6 to 9 percent, excluding Siemens Healthineers. Its EPS pre PPA is expected to grow in the high single-digit range, driven by increasing profitability in its industrial businesses over the coming years. At the same time, the company remains committed to maintaining its high level of ambition across all other Group targets. Siemens also reaffirms its commitment to a progressive dividend policy, which will be maintained even after the intended deconsolidation of Siemens Healthineers. To sustain the dividend trajectory, the company will temporarily, if necessary, allow a higher payout ratio. Share buybacks will continue to serve as a core pillar of shareholder return.Following the intended deconsolidation of Siemens Healthineers, Siemens will operate with reduced complexity, simplified governance, and a higher share of fast-growing digital business. Thus, the company will focus strongly on markets aligned to the secular growth drivers – automation, digitalization, electrification, sustainability, and Artificial Intelligence. With a highly synergistic portfolio across industries, infrastructure and transportation, Siemens is strategically positioned in software, hardware and services – enhanced with AI.Siemens is positioned for higher profitable growthSiemens is poised to capitalize on opportunities in its addressed markets and is actively looking to further expand them. Siemens’ addressed markets are growing at approximately 6 percent annually, reaching a Total Addressable Market of €650 billion in five years. The digital market therein grows faster by 11 percent to €175 billion in 2030. In addition to this, Siemens is tapping into expansions to its Total Addressable Market, which total €50 billion in fiscal year 2025 and are expected to grow at an average annual rate of 14 to 18 percent through 2030. Thereby, the company is pursuing expansions into attractive areas including AI applications, AI factory capabilities, and life sciences software. Siemens’ accelerated growth is driven by four key levers: Grow Digital, Grow Regions, Grow Verticals, and Grow AI. Grow Digital: The company sees substantial potential from further increasing its digital business share. In 2021, Siemens committed to 10 percent average annual growth for its digital business. With 12 percent average annual growth over five years to €9.4 billion, the company exceeded this target, including acquisitions.  Siemens now expects 15 percent average annual growth over the next five years, doubling its digital business by 2030. The successful software business in Digital Industries grew its annual recurring revenue with an average of 13 percent year over year to now €5.3 billion. Siemens won 24,000 SaaS customers – 70 percent new customers, nearly 90 percent small and medium enterprises. Grow Regions: Siemens operates as both a global and local company, with a presence in nearly every market worldwide. The company strategically grows where markets grow – and doubles down with increased investments. The United States, China, and India are key focus countries. This broad geographic footprint strengthens Siemens’ resilience against tariffs and trade restrictions, providing a competitive advantage that supports above-market growth. Siemens’ addressable markets in these three regions are projected to grow at a CAGR of approximately 6 percent in the US, nearly 4 percent in China, and more than 7 percent in India over the next five years [excluding Siemens Healthineers]. In Europe and especially Germany, Siemens remains a major contributor to innovation and growth and will keep investing. Grow Verticals: Siemens will grow faster by bringing together all its businesses for specific customer industries, offering a complete digital thread of customers’ entire value chains. Customers can optimize everything digitally before starting in the real world – from product design to operating factories, buildings, trains, signaling systems, and electrical grids. Highly attractive vertical growth markets include: Rail Transportation [CAGR: 5 percent], Aerospace & Defense [CAGR: 9 percent], Life Sciences [CAGR: 9 percent], Semiconductors [CAGR: 10 percent] and Data Centers and AI factories [CAGR: 11 percent]. Siemens aims to consistently grow faster than these markets. Grow AI: Siemens is strengthening its leadership in Industrial AI further accelerating growth. The company leverages AI in three fundamental ways: boosting innovation and productivity, enhancing offerings with AI, and building new AI offerings. Over the next three years, Siemens will invest more than €1 billion to scale its AI offerings. Today, Siemens has 1,500 AI experts working across the company.   Record results in fiscal 2025“Since cash generation is the ultimate yardstick for business performance, I’m extremely pleased that our fourth-quarter and fiscal-2025 results broke records for free cash flow,” said Ralf P. Thomas, Chief Financial Officer of Siemens AG. “Profitable growth and stringent portfolio management form the basis of our success. Our shareholders benefit directly from an increased dividend proposal and a successful, accelerated share-buyback program. We enter fiscal 2026 strengthened with an ambitious outlook.”Fiscal 2025 was a milestone for Siemens. At €10.4 billion, net income set a record for the third consecutive year, with growth in orders and revenue at a mid-single-digit rate. Despite a challenging global environment, the company continued its profitable growth trajectory and met its guidance. Shareholders are also to profit from this outstanding performance: the Supervisory and Managing Boards propose increasing the dividend to €5.35 per share from the previous year’s €5.20.In fiscal 2025, Siemens increased orders on a comparable basis [excluding currency translation and portfolio effects] 6 percent to €88.4 billion [fiscal 2024: €84.1 billion]. Revenue on a comparable basis grew 5 percent to €78.9 billion [fiscal 2024: €75.9 billion]. The book-to-bill ratio was a strong 1.12 [fiscal 2024: 1.11]. Profit Industrial Business grew 3 percent to a record high €11.8 billion [fiscal 2024: €11.4 billion]. At 15.4 percent, the profit margin of the Industrial Business nearly reached the very strong prior-year level [fiscal 2024: 15.5 percent]. Net income climbed 16 percent to €10.4 billion to reach an all-time high for the third consecutive year [fiscal 2024: €9.0 billion]. Corresponding EPS pre PPA increased to €12.95 [fiscal 2024: €11.15]. Excluding the gain from the sale of Innomotics and effects related to Altair and Dotmatics, which together totaled €2.23, EPS pre PPA was €10.71 and thus fulfilled the company’s guidance [€10.40 to €11.00].At €10.8 billion, free cash flow all-in at Group level from continuing and discontinued operations in fiscal 2025 was also at a record level [fiscal 2024: €9.5 billion]. Ambitious outlook for fiscal 2026For fiscal 2026, Siemens assumes that the global economic environment will stabilize and that global GDP growth will remain near the prior-year level.The company also anticipates that in fiscal 2026 negative currency effects will strongly burden nominal growth rates in volume as well as profit for its industrial businesses and earnings per share [EPS]. Digital Industries expects for fiscal 2026 comparable revenue growth − net of currency translation and portfolio effects − of 5 percent to 10 percent and a profit margin of 15 percent to 19 percent. Smart Infrastructure expects for fiscal 2026 comparable revenue growth of 6 percent to 9 percent and a profit margin of 18 percent to 19 percent. Mobility expects for fiscal 2026 comparable revenue growth of 8 percent to 10 percent and a profit margin of 8 percent to 10 percent. For the Siemens Group, the company expects comparable revenue growth in the range of 6 percent to 8 percent and a book-to-bill ratio above 1 for fiscal 2026.Based on the expected profitable growth of its industrial businesses and substantial burdens from currency effects, Siemens anticipates basic EPS from net income before purchase price allocation accounting [EPS pre PPA] in a range of €10.40 to €11.00 in fiscal 2026.This outlook excludes burdens from legal and regulatory matters. For this press release PDF DownloadFollow us on X @siemens_press Siemens AG (Berlin and Munich) is a leading technology company focused on industry, infrastructure, mobility, and healthcare. The company’s purpose is to create technology to transform the everyday, for everyone. By combining the real and the digital worlds, Siemens empowers customers to accelerate their digital and sustainability transformations, making factories more efficient, cities more livable, and transportation more sustainable. A leader in industrial AI, Siemens leverages its deep domain know-how to apply AI – including generative AI – to real-world applications, making AI accessible and impactful for customers across diverse industries. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a leading global medical technology provider pioneering breakthroughs in healthcare. For everyone. Everywhere. Sustainably. In fiscal 2025, which ended on September 30, 2025, the Siemens Group generated revenue of €78.9 billion and net income of €10.4 billion. As of September 30, 2025, the company employed around 318,000 people worldwide on the basis of continuing operations. Further information is available on the Internet at www.siemens.com. Read moreNotes and forward-looking statementsThis document contains statements related to our future business and financial performance and future events or developments involving Siemens that may constitute forward-looking statements. These statements may be identified by words such as “expect,” “look forward to,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project” or words of similar meaning. We may also 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 assumptions of Siemens’ management, of which many are beyond Siemens’ 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 in the Combined Management Report of the Siemens Report (www.siemens.com/siemensreport), and in the Interim Group Management 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 Combined Management Report. Should one or more of these risks or uncertainties materialize, should decrees, decisions, assessments or requirements of regulatory or governmental authorities deviate from our expectations, should events of force majeure, such as pandemics, unrest or acts of war, 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 forward-looking statement. Siemens neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated.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 measures should not be viewed in isolation or as alternatives to measures of Siemens’ net assets and financial positions or results of operations as presented 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.Due to rounding, numbers presented throughout this and other documents may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures.All information is preliminary. Read moreReference Number: ContactKatharina Hilpert Siemens AG+49 173 893-4962 [email protected] FriedleSiemens AG+49 1525 215-9076 [email protected] SiemensGet in touchFollow our global channels Follow Change region Global | English

Siemens plans to deconsolidate Siemens Healthineers aniko.enderlei… Wed, 11/12/2025 - 06:59 Please use another Browser It looks like you are using a browser that is not fully supported. Please note that there might be constraints on site display and usability. For the best experience we suggest that you download the newest version of a supported browser: Internet Explorer, Chrome Browser, Firefox Browser, Safari BrowserContinue with the current browserPlease allow JavaScriptThis page requires JavaScript in order to be fully functional and displayed correctly. Please enable JavaScript and reload the site. How to enable JavaScript Press Release12 November 2025Siemens AGMunich Siemens plans to deconsolidate Siemens Healthineers  Siemens plans to deconsolidate Siemens Healthineers by transferring 30 percent of Siemens Healthineers shares to Siemens AG shareholders by way of a spin-off In the medium term, Siemens is targeting a financial asset Spin-off expected to unlock long-term value for Siemens shareholders This step further simplifies the portfolio and positions Siemens as a focused technology company The spin-off remains subject to final regulatory clarifications and approvals by shareholder meetings of both Siemens and Siemens Healthineers Siemens announces its intention to deconsolidate its remaining stake in Siemens Healthineers (currently circa 67 percent). The company plans to transfer 30 percent of Siemens Healthineers shares to Siemens AG shareholders by way of a direct spin-off as preferable option. Thus, Siemens shareholders will benefit directly and receive shares in Siemens Healthineers. At the same time, the deconsolidation will provide potential to unlock long-term value for Siemens shareholders as a more focused technology company with a highly synergistic Siemens portfolio.  Siemens plans to deconsolidate Siemens Healthineers by transferring 30 percent of Siemens Healthineers shares to Siemens AG shareholders by way of a spin-off In the medium term, Siemens is targeting a financial asset Spin-off expected to unlock long-term value for Siemens shareholders This step further simplifies the portfolio and positions Siemens as a focused technology company The spin-off remains subject to final regulatory clarifications and approvals by shareholder meetings of both Siemens and Siemens Healthineers Siemens announces its intention to deconsolidate its remaining stake in Siemens Healthineers (currently circa 67 percent). The company plans to transfer 30 percent of Siemens Healthineers shares to Siemens AG shareholders by way of a direct spin-off as preferable option. Thus, Siemens shareholders will benefit directly and receive shares in Siemens Healthineers. At the same time, the deconsolidation will provide potential to unlock long-term value for Siemens shareholders as a more focused technology company with a highly synergistic Siemens portfolio. Siemens plans to reduce its stake in Siemens Healthineers to a significant minority to allow greater capital allocation flexibility. Thereby, Siemens also continues to participate in the attractive business of Siemens Healthineers as a minority shareholder. In the medium term it is targeted to reduce the shareholding to a financial asset. Siemens is committed to managing its investment in Siemens Healthineers in a responsible and shareholder-focused manner. Moreover, Siemens reaffirms its commitment to a progressive dividend policy, which will be maintained even after the deconsolidation of Siemens Healthineers. “Today marks the beginning of the next stage of growth for Siemens. By giving up the controlling majority in Siemens Healthineers, we are focusing on a highly synergistic Siemens portfolio” said Roland Busch, President and Chief Executive Officer of Siemens AG. “This is a logical next step in executing our strategy of combining the real and the digital worlds, focusing on accelerated profitable growth of our digital businesses, connected and software defined hardware and industrial AI.” “Each of the two companies has a strong financial profile offering strategic flexibility to accelerate value creation in their respective core markets through tailored capital allocation – enabling both organizations to operate with greater agility and focus. For Siemens, the deconsolidation gives additional leeway, increases transparency while reducing complexity for the capital market, and simplifies governance structures. At the same time, the way of spin-off is a market-friendly transfer of shares,” said Ralf P. Thomas, Chief Financial Officer of Siemens AG. As previously announced, the decision follows a thorough assessment and strategic review of how both companies can best realize their full potential, accelerate their respective transformations, and successfully tap into new areas of growth. This sharpens Siemens’ profile as ONE Tech Company, driving stronger customer focus, faster innovation, and accelerated profitable growth. At the same time, Siemens Healthineers is benefiting from a significantly higher free float, and therefore greater attractiveness for the capital market as a leading pure-play MedTech champion. The intended transaction is subject to final regulatory clarifications and approvals by shareholder meetings of both companies, Siemens and Siemens Healthineers. In the coming months, Siemens will continue to work closely with the relevant parties on detailing the structure and timing of the transaction. Further details will be provided in early Q2, calendar year 2026. On Thursday, November 13, 2025, Siemens will present at its “Siemens ONE Tech – Strategy & Results” event an update on its business performance, strategy, as well as technology and innovation agenda. For this press release PDF DownloadFollow us on X @siemens_pressSiemens AG (Berlin and Munich) is a leading technology company focused on industry, infrastructure, mobility, and healthcare. The company’s purpose is to create technology to transform the everyday, for everyone. By combining the real and the digital worlds, Siemens empowers customers to accelerate their digital and sustainability transformations, making factories more efficient, cities more livable, and transportation more sustainable. A leader in industrial AI, Siemens leverages its deep domain know-how to apply AI – including generative AI – to real-world applications, making AI accessible and impactful for customers across diverse industries. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a leading global medical technology provider pioneering breakthroughs in healthcare. For everyone. Everywhere. Sustainably. In fiscal 2024, which ended on September 30, 2024, the Siemens Group generated revenue of €75.9 billion and net income of €9.0 billion. As of September 30, 2024, the company employed around 312,000 people worldwide on the basis of continuing operations. Further information is available on the Internet at www.siemens.com. Read more Notes and forward-looking statements This document contains statements related to our future business and financial performance and future events or developments involving Siemens that may constitute forward-looking statements. These statements may be identified by words such as “expect,” “look forward to,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project” or words of similar meaning. We may also 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 assumptions of Siemens’ management, of which many are beyond Siemens’ 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 in the Combined Management Report of the Siemens Report ( www.siemens.com/siemensreport), and in the Interim Group Management 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 Combined Management Report. Should one or more of these risks or uncertainties materialize, should decrees, decisions, assessments or requirements of regulatory or governmental authorities deviate from our expectations, should events of force majeure, such as pandemics, unrest or acts of war, 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 forward-looking statement. Siemens neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated. 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 measures should not be viewed in isolation or as alternatives to measures of Siemens’ net assets and financial positions or results of operations as presented 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. Due to rounding, numbers presented throughout this and other documents may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures. Read moreReference Number: ContactSimon FriedleSiemens AG+49 1525 215-9076  [email protected] Katharina HilpertSiemens AG+49 173 893-4962 [email protected] Contact SiemensGet in touchFollow our global channels Follow Change region Global | English

World Premiere: Siemens Proves Unique Signaling X Solution In Live Metro Operation nikoleta.petro… Tue, 11/11/2025 - 16:24 Please use another Browser It looks like you are using a browser that is not fully supported. Please note that there might be constraints on site display and usability. For the best experience we suggest that you download the newest version of a supported browser: Internet Explorer, Chrome Browser, Firefox Browser, Safari BrowserContinue with the current browserPlease allow JavaScriptThis page requires JavaScript in order to be fully functional and displayed correctly. Please enable JavaScript and reload the site. How to enable JavaScript Press Release12 November 2025Siemens AGMunich World Premiere: Siemens Proves Unique Signaling X Solution In Live Metro Operation Signaling X live demonstration in Singapore shows that Communications-Based Train Control (CBTC) functions in a real-world environment in the private cloud at the Singapore Rail Test Centre Proven CBTC and interlocking software runs on standard IT hardware in a Signaling Data Center – scalable, cyber-secure and the data available for AI applications in the future Major leap for cities: Up to 20% higher operational efficiency and up to 30% energy savings - more trains, shorter waits, more sustainable mobility Signaling X live demonstration in Singapore shows that Communications-Based Train Control (CBTC) functions in a real-world environment in the private cloud at the Singapore Rail Test Centre Proven CBTC and interlocking software runs on standard IT hardware in a Signaling Data Center – scalable, cyber-secure and the data available for AI applications in the future Major leap for cities: Up to 20% higher operational efficiency and up to 30% energy savings - more trains, shorter waits, more sustainable mobility World Premiere: Siemens Proves Unique Signaling X Solution In Live Metro Operation. Photosource: Siemens MobilityThis week, Siemens Mobility carries out the world’s first live demonstration of metro operations with Signaling X at the Singapore Rail Test Center (SRTC), in front of mass transit operators and journalists from around the world. As global mobility demand continues to rise, this breakthrough brings Communications-Based Train Control (CBTC), the state-of-the-art system for metro and urban networks, into a centralized cloud-ready infrastructure, a signaling data center. Safety-critical functions run on commercial off-the-shelf (COTS) hardware with Siemens Mobility’s Distributed Smart Safe System (DS3) platform. The result: up to 20% higher operational efficiency and up to 30% energy savings – delivering more capacity and sustainable mobility by enabling more trains to run safely at closer intervals. Following its launch at InnoTrans 2024 and successful introduction in mainline rail, Signaling X is now ready for the mass transit market."Today marks a milestone in the digital transformation of mass transit as we unveil Signaling X in a live urban rail environment here in Singapore. Signaling X brings together various signaling systems onto one platform, expanding capabilities through open interfaces," says Marc Ludwig, CEO of Rail Infrastructure at Siemens Mobility. "Our groundbreaking solution has already demonstrated its reliability in mainline applications as a globally proven platform with a strong track record. Today is the first live showcase in a CBTC mass transit test setting, and we are grateful to MSI Global for partnering with us to present Signaling X." Cloud-ready platform: Future of Railway Signaling X represents a groundbreaking advancement in signaling and control for both mainline and urban rail. This cloud-ready platform integrates interlockings, signaling systems, and control systems into a centralized, virtualized data center. By deploying safety-critical railway functions, like interlocking logic, and non-safety systems such as timetable management and traffic optimization on the same type of commercial off-the-shelf hardware and through standardized APIs, it provides a seamless, efficient approach to rail operations. Unlike proprietary systems that rely on older chip technology and occupy entire rooms with specially built electronics, Signaling X demonstrates that the software can run in systems worldwide on COTS standard hardware - simplifying infrastructure and reducing complexity.The foundation of this innovation is the DS3, introduced in 2020, which utilizes COTS hardware to ensure safety-critical applications operate securely within a scalable, redundant network. This cyber-secure environment enhances operational efficiency, offers significant energy savings, and reduces headways, paving the way for a more flexible and future-proof rail ecosystem.For this press release PDF DownloadFollow us on X @siemens_press Siemens Mobility  is a separately managed company of Siemens AG. As a leader in intelligent transport solutions for more than 175 years, Siemens Mobility is constantly innovating its portfolio. Its core areas include rolling stock, rail automation and electrification, a comprehensive software portfolio, turnkey systems as well as related services. With digital products and solutions, and the use of industrial AI, Siemens Mobility is enabling mobility operators worldwide to make their infrastructure intelligent, increase value sustainably over the entire lifecycle, enhance passenger experience, and guarantee availability. In fiscal year 2024, which ended on September 30, 2024, Siemens Mobility posted revenue of €11.4 billion and employed around 41,900 people worldwide. Further information is available at:  www.siemens.com/mobility Read moreReference Number: ContactMoritz Krause  Siemens Mobility+49 162 3480575 [email protected] BellingSiemens Mobility+49 173 6901586 [email protected] SiemensGet in touchFollow our global channels Follow Change region Global | English