Siemens – Business Fact Sheets

Siemens Investor Relations

Unrestricted © Siemens 2019 siemens.com
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 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 Risks in the Annual Report. Should one or more of
these risks or uncertainties materialize, should decisions, assessments or requirements of regulatory authorities deviate from our
expectations, or should underlying expectations not occur 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.

Unrestricted © Siemens 2019

Page 2 Siemens Business Fact Sheets
Siemens by numbers

Operating Companies Strategic Companies

Gas and Smart Digital Siemens *

Power* Infrastructure Industries Mobility
59%** 85%**

65,000 71,000 75,000 34,200 23,000 50,000

Employees Employees Employees Employees Employees Employees

€18.1bn €14.4bn €15.6bn €8.8bn €9.1bn €13.4bn

Revenue Revenue Revenue Revenue Revenue Revenue

4.0% 10.9% 18.6% 10.9% 5.3% 16.5%

Adjusted EBITA margin Adjusted EBITA margin Adjusted EBITA margin Adjusted EBITA margin Adjusted EBITA margin Adjusted EBITA margin

Service Companies (Financial Services, Global Business Services, Real Estate Services)

Corporate Development (e.g., IoT Services, CT, Next47, Portfolio Companies)

Governance units

*Partial spinoff of Gas and Power planned; transfer of majority stake in SGRE (59%) to new company planned ** Siemens’ share in strategic companies All figures based on FY18
Unrestricted © Siemens 2019
Page 3 Siemens Business Fact Sheets
Operating Company: Gas and Power (GP)
Lisa Davis Tim Holt Michael Becker
CEO COO CFO

Market Key Priorities

Key trends, 2018 – 2023 GP market Grow Improve Increase Deliver
Energy demand in €bn and % p.a.
(Mtoe)
+ 4%
Revenue Efficiency Profit Cash
92.3 CAGR
87.1 FY18-23 • Grow topline at • €1.5bn operational • €1bn cost out by • Cash Conversion
Electrification
+ 10% Rate of 1.0 by FY21
(TWh) market level productivity by FY23 (€700m by
Coal Renewables
Transmission + 3% • Shift business mix FY21 FY21) • Drive NWC disci-
Decarbonization for faster growth • Sharpen R&D pline and ownership
(TWh)
- 4% + 34%
• In margin band by
spend
Central Distributed Oil & Gas + 3% FY21
Decentralization
- 24% + 18% Distributed Power
(#GTs)
Generation + 1%
• Service excellence • Continue • Leverage GP setup • All levers and
Central Power
Digitalization (Share of Generation - 3% for all verticals operational for significant cost
connected LGTs in GP fleet)
~ 90% all GP
• Leading innovation productivity drive savings
FY18 FY23
• Compensation tied
Source: IHS Autonomy 2018 LGT: Large Gas Turbine
for Transmission • Point R&D • Ensure project
to cash generation
growth towards Service excellence
Portfolio / Technology • Four key growth and growth areas
Power Generation Service & areas
Oil & Gas Distributed Central Transmission Digital

Broad range of Small turbines Large turbines Solutions including high- Data driven & Key figures
compression Aero-derivative & Heavy-duty gas voltage switch gear & responsive service for
equipment and industrial gas turbines; turbines, generators, devices, power trans- maximum lifecycle (on a comparable basis as of April 1, 2019 Change in %
process solutions, up pre-designed and utility steam turbines, formers, sub-stations, grid performance; Field in € million except where otherwise stated) Fiscal 2018 Fiscal 2017 as reported
and downstream power industrial steam power plant solutions access & connection service support, main-
generation and turbines, Industrial (simple/combined cycle solutions HVDC and tenance, repairs, Orders 18,451 20,311 -9%
distribution, LNG power plant solutions power plants), MVDC transmission replacements, modern-
liquefaction and boil-off (IPPS) instrumentation and systems as well as totally izations and upgrades of Revenue 18,125 21,216 -15%
gas electrical solutions integrated solutions components
Profit 722 1,882
Main Competitors Profit Margin (Target Range 8-12%) 4.0% 8.9%
Employees 65,000

Unrestricted © Siemens 2019

Page 4 Siemens Business Fact Sheets
Operating Company: Smart Infrastructure (SI)
Cedrik Neike Matthias Rebellius Axel Meier
CEO COO CFO

Market Key Priorities

Trends Core market High growth fields Top-line annual Adj. EBITA margin Cash conversion rate
• Decarbonization Distributed Energy revenue growth of 11-13% by FY 2021, 1 - growth in

~€150bn
Systems 4-5%1) 13-15% by FY 2023 FY 2019
• Decentralization
• Urbanization eMobility Infrastructure
with ~3% CAGR Secure Leverage Expand
• Sustainability 2018–2024
Energy Storage base business combination of strength in high growth fields
• Digitalization Space and user • Further grow product • Grow with focus on • Energy & performance
efficiency business verticals services
• Continue focus on Asia • Extend service scope • Grid edge portfolio
Portfolio / Technology

Digitalization
1 based on market growth of ~3% CAGR18-24

Control Low Voltage Building Distribution Digital Grid Regional Key figures
Products Products Products Systems substation Solutions and (on a comparable basis as of April 1, 2019 Change in %
contactors, low-voltage building medium/low- automation, grid Services in € million except where otherwise stated) Fiscal 2018 Fiscal 2017 as reported
motor starter protection, automation and voltage switch- planning, building
protectors, soft switching fire protection gears, simulation and Orders 15,198 14,977 1%
automation, fire
starters devices systems distribution operation safety, security Revenue 14,445 14,150 2%
transformers
Profit 1,574 1,571
Main Competitors Profit Margin (Target Range 10-15%) 10.9% 11.1%
39%
Employees 71,000

Unrestricted © Siemens 2019

Page 5 Siemens Business Fact Sheets
Operating Company: Digital Industries (DI)
Klaus Helmrich Jan Mrosik Maria Ferraro
CEO COO CFO

Market Key Priorities

Market potential Market potential
DI market size 2018 in €bn Europe, DI market size 2018 in €bn Automation
CAGR over the cycle CIS,
MEA
CAGR over the cycle Process
Industries
#3
Asia,
Australia Industrial Growth:
28
44 45
+4.5%
+4%
Software
#1
32

121
+4.5%
+4%
1 Closer alignment and integration of regional organization Volume growth
121
+5% #1 +3% Integrate lean and business-focused setup in Cost efficiency
+4% +7% 2 regions, headquarters, and corporate functions and adaptability
32 61

Geography
Americas
Business mix
Automation
Discrete
Industries#1 3 Shared platforms for discrete, process, and hybrid industries Focus on innovation

Portfolio / Technology Accountability

4 Global responsibility of Business Units
and speed

Software Factory Motion Process Customer

(industrial) Automation Control Automation Services Key figures
#1 market position #1 market position #1 market position #3 market position (on a comparable basis as of April 1, 2019 Change in %
• Integrated portfolio of • Automation products • • Automation systems & • Lifecycle services
industrial software
Drives in € million except where otherwise stated) Fiscal 2018 Fiscal 2017 as reported
• Motors software for process • Digital services
• Cloud-based, open IoT • Engineering software
• Machine Tool Systems industries • Digital Enterprise
operating system • SCADA software
• Systems for production
• Additive Manufacturing • Process instrumentation consulting and Orders 16,287 14,085 16%
• Rapid application • Digitalization and & analytics integration
machines
development platforms
• Industrial Edge Edge Computing for • Industrial communication Revenue 15,587 13,775 13%
machine tools and & identification
drive technology • Power supply systems
Profit 2,898 2,333
Main Competitors Profit Margin (Target Range 17-23%) 18.6% 16.9%
39%
Employees 75,000

Unrestricted © Siemens 2019

Page 6 Siemens Business Fact Sheets
Strategic Company: Siemens Mobility (MO)
Michael Peter Sabrina Soussan Karl Blaim
CEO CEO CFO

Market Key Priorities

in €bn1 +2.7%
84.5
Services 72.0
24.4
Rail and Road 20.4
Infrastructure 26.0
21.6
Rolling
Stock 30.0 34.1 Shape the digital future of mobility

FY 16-18 FY 20-22 Above market growth with competitive products, systems & projects, innovative
1 Siemens Mobility accessible market, adjusted to own portfolio. Based on UNIFE World Rail Market Study 2018 (Rail) and ITS Market Study services and digital mobility solutions
Portfolio / Technology Drive innovations in infrastructure, rolling stock and intermodal portfolio:
differentiation through digitalization
Maintain profit leadership with best-in-class project management and operational
excellence

Rolling Rail Intelligent Customer Intermodal Turnkey Key figures 1)

Stock Infrastructure Traffic Systems Services Solutions Projects (on a comparable basis as of April 1, 2019 Change in %
Short-distance, Products & solutions Solutions for Intelligent Services for Rolling Apps & backend Complete rail solutions
in € million except where otherwise stated) Fiscal 2018 Fiscal 2017 as reported
regional & long- for Rail Automation Traffic Management Stock and Rail & Road systems for passenger integrating the entire
distance Rolling Stock, and Infrastructure, information, booking, portfolio
product & system Rail Electrification throughout the entire payment and Orders 11,025 9,034 22%
solutions for lifecycle management of data,
Passenger and Freight infrastructure & fleets Revenue 8,821 8,150 8%
Transport
Profit 958 811
Main Competitors Profit Margin (Target Range 9-12%) 10.9% 10.0%
39%
Employees 34,200 31,000

Unrestricted © Siemens 2019 1) incl. Traction Drives business

Page 7 Siemens Business Fact Sheets
Strategic Company: (SGRE)
Markus Tacke David Mesonero
CEO CFO

Market SGRE on track to global leadership

Source: Wood Mackenzie market outlook Q1 19. 2018

based on GWEC statistics published in April 2019.

Portfolio / Technology
Onshore Offshore Service

Key figures 1)
(on a comparable basis as of April 1, 2019 Change in %
#2 in global Onshore #1 in global #2 in service backlog in € million except where otherwise stated) Fiscal 2018 Fiscal 2017 as reported
market Offshore market & 89GW installed base Orders 11,875 8,768 35%
Revenue 9,122 7,922 15%
Profit 483 339
Main Competitors Profit Margin (Target Range 7-11%) 5.3% 4.3%
Employees 23,000 25,000

Unrestricted © Siemens 2019 1) Figures as reported by Siemens AG

Page 8 Siemens Business Fact Sheets
Strategic Company: (SHS)
Bernd Montag Jochen Schmitz Michael Reitermann
CEO CFO Board Member

Market Strategic priorities: Capture short-term potential and ensure

market leadership beyond 2025

1)

2)

1)

Source: Siemens Healthineers market model

Portfolio / Technology

3)
Key figures
(on a comparable basis as of April 1, 2019 Change in %
in € million except where otherwise stated) Fiscal 2018 Fiscal 2017 as reported
Orders 14,506 14,272 2%
Revenue 13,425 13,671 -2%
Profit 2,221 2,423
Main Competitors Profit Margin (Target Range 17-21%) 16.5% 17.7%
Employees 50,000 48,400

Unrestricted © Siemens 2019 1) Figures for Imaging and Advanced Therapies for equipment only. Service included in Value Added Services market. 3) Figures as reported by Siemens AG
2) Diagnostics market includes Lab Diagnostics, POC Diagnostics and Molecular Diagnostics.
Page 9 Siemens Business Fact Sheets