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Annual Shareholders’ Meeting
ratifies acts of Managing Board and Supervisory Board by large majority
Shareholders’ meeting in virtual
format due to ongoing COVID-19 pandemic
At today’s ordinary Annual Shareholders’ Meeting of Siemens AG,
shareholders endorsed by a large majority of 99.71 percent the proposal by the Managing and
Supervisory Boards to distribute a dividend of €4.00 per share for fiscal 2021,
an increase of 50 cents over the prior fiscal year and an impressive reflection
of Siemens’ progressive dividend policy. The Annual Shareholders’ Meeting also decided
by a large majority to ratify the acts of the members of the Managing and
Supervisory Boards for fiscal 2021. The shareholders’ meeting was held in a
virtual format due to the ongoing COVID-19 pandemic. The total number of people
following the virtual Annual Shareholders’ Meeting, at which about 280 questions were asked,
peaked at over 4,500.
Annual Shareholders’ Meeting
ratifies acts of Managing Board and Supervisory Board by large majority
Shareholders’ meeting in virtual
format due to ongoing COVID-19 pandemic
At today’s ordinary Annual Shareholders’ Meeting of Siemens AG,
shareholders endorsed by a large majority of 99.71 percent the proposal by the Managing and
Supervisory Boards to distribute a dividend of €4.00 per share for fiscal 2021,
an increase of 50 cents over the prior fiscal year and an impressive reflection
of Siemens’ progressive dividend policy. The Annual Shareholders’ Meeting also decided
by a large majority to ratify the acts of the members of the Managing and
Supervisory Boards for fiscal 2021. The shareholders’ meeting was held in a
virtual format due to the ongoing COVID-19 pandemic. The total number of people
following the virtual Annual Shareholders’ Meeting, at which about 280 questions were asked,
peaked at over 4,500.
“In fiscal 2021,
we kept our company on track in difficult times while further expanding our
power of innovation. Our businesses’ strong growth and high profitability speak
for themselves,” said Jim Hagemann Snabe, Chairman of the Supervisory Board of
Siemens AG. “The basis for this success was Siemens’ move to reinvent itself early
on and from a position of strength. In times of great change and uncertainty,
the orderly transition to the new Managing Board team was an invaluable
advantage for our company, too.”
“We’ve had a
very successful start as a focused technology company. Siemens can combine the
real and digital worlds like no other company. We master the interplay of
hardware and software to help customers accelerate their own digital and
sustainable transformation. This unique Siemens strength is reflected in our
extraordinary business results – from which our shareholders are also profiting.
With a progressive dividend policy, strong share price performance and our
share buyback program, we offer a highly attractive total shareholder return,” said Roland Busch, President and CEO of Siemens AG.
Active
shareholder participation in the virtual Annual Shareholders’ meeting was
extremely important to Siemens in view of the restrictions due to the COVID-19 pandemic.
For this reason, the company published the focal points of the speeches by
Supervisory Board Chairman Jim Hagemann Snabe and President and CEO Roland
Busch on the Internet already on February 3, 2022. In addition, properly registered
shareholders and their proxies could submit statements relating to the agenda
in advance of the Annual Shareholders’ Meeting for publication via the dedicated
Internet service. Video statements were also shown during the Annual
Shareholders’ Meeting.
Detailed voting results on the individual agenda items at the Annual
Shareholders’ Meeting are published at www.siemens.com/agm.
Further
information on the 2022 Annual Shareholders’ Meeting is available at www.siemens.com/press/agm.
Siemens AG (Berlin and Munich) is a technology company focused on industry, infrastructure, transport, and healthcare. From more resource-efficient factories, resilient supply chains, and smarter buildings and grids, to cleaner and more comfortable transportation as well as advanced healthcare, the company creates technology with purpose adding real value for customers. By combining the real and the digital worlds, Siemens empowers its customers to transform their industries and markets, helping them to transform the everyday for billions of people. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a globally leading medical technology provider shaping the future of healthcare. In addition, Siemens holds a minority stake in Siemens Energy, a global leader in the transmission and generation of electrical power.
In fiscal 2021, which ended on September 30, 2021, the Siemens Group generated revenue of €62.3 billion and net income of €6.7 billion. As of September 30, 2021, the company had around 303,000 employees worldwide. Further information is available on the Internet at www.siemens.com.