Siemens Annual Shareholders' Meeting 2017

The Nominating Committee of the Supervisory Board of Siemens AG has recommended Jim Hagemann Snabe for the office of Supervisory Board Chairman. Siemens' Supervisory Board unanimously endorsed this recommendation at its meeting on Tuesday. The regular elections to Siemens' Supervisory Board will take place at the company's Annual Shareholders' Meeting on January 31, 2018. Mr. Snabe is to be elected Chairman at the Supervisory Board's constitutive meeting immediately thereafter.

In the picture from left to right: Dr. Gerhard Cromme, Chairman of the Supervisory Board of Siemens AG and Jim Hagemann Snabe, Member of the Supervisory Board of Siemens AG.

The Managing Board and Supervisory Board reported to the shareholders on a strong fiscal 2016 and presented further plans.

During his speech, Joe Kaeser, President and Chief Executive Officer of Siemens AG, told the shareholders, "Fiscal 2016 was a strong year: We delivered everything we promised. And even more important: We've left our competitors behind us in nearly every important parameter: in share price performance, in growth and in increasing profitability."

The Managing Board and Supervisory Board reported to the shareholders on a strong fiscal 2016 and presented further plans.

Dr. Gerhard Cromme, Chairman of the Supervisory Board, welcoming the shareholders to the Annual Shareholders Meeting 2017, where he said, "Fiscal 2016 was one of the most successful years in Siemens' history. The very positive development of our business figures – above all, revenue and profit – was particularly gratifying."

The Managing Board and Supervisory Board reported to the shareholders on a strong fiscal year 2016 and presented further plans.

In the picture from left to right: Joe Kaeser, President and Chief Executive Officer of Siemens AG, and Dr. Gerhard Cromme, Chairman of the Supervisory Board of Siemens AG.

Dr. Gerhard Cromme, Chairman of the Supervisory Board, welcoming the shareholders to the Annual Shareholders Meeting 2017, where he said, "In fiscal 2016, Siemens AG significantly strengthened its businesses in the areas of electrification, automation and digitalization. We continued to implement our Vision 2020 strategy program rigorously and successfully.

Fiscal 2016 was one of the most successful years in Siemens’ history. The very positive development of our business figures – above all, revenue and profit – was particularly gratifying".

As is the case at the beginning of each year, thousands of shareholders gathered at the Olympiahalle in Munich, the venue for the Annual Shareholders' Meeting of Siemens AG.