- Annual Shareholders’ Meeting to be
held on February 8, 2024
- Main
content of speeches to be given by Supervisory Board Chairman Jim Hagemann Snabe
as well as President and CEO Roland Busch are expected to be published by no
later than January 31, 2024
- Supervisory Board and Managing Board propose increasing dividend to €4.70 (fiscal
2022: €4.25)
- PwC is being proposed to 2024 Annual
Shareholders’ Meeting as new independent auditors for fiscal 2024
Siemens AG has
published its Notice of Annual
Shareholders’ Meeting, along with the agenda of this meeting, which is to be
held on February 8, 2024. Based on an authorization approved by a large
majority at Siemens’ 2023 Annual Shareholders’ Meeting, the Annual
Shareholders’ Meeting will again be held in a virtual format.
- Siemens one of few companies out of 21,000 to secure a place in the CDP Climate Change A List
- CDP rating recognizes Siemens’ strong approach in the area of climate change
In recognition
of its environmental leadership and comprehensive disclosure in the area of
climate change, Siemens has been included by the CDP on its annual Climate
Change A List, the highest possible performance ranking. CDP is a leading organization
evaluating corporate action on climate strategies. The non-profit assessed more
than 21,000 companies on the basis of data reported in its 2023 climate change
questionnaire. Siemens is one of the few companies to have received an “A” rating.
Roland Chalons-Browne (53) has been appointed CEO of Siemens Financial Services, effective February 1, 2010. He will succeed Dominik Asam, who is leaving Siemens in March 2010 at his own request. Roland Chalons-Browne, a U.S. citizen, began his career in 1977 at Lloyds Bank International, where he rose from the position of Assistant Vice President to Branch Manager in New York. From 1981 to 1989, he worked at Mellon Bank. In 1989, he moved to WestLB, where, among other things, he was responsible, as a Managing Director, for the European and American market until 2005.
- Bavarian Minister-President Dr. Markus Söder kicks off H2lighthouse project for energy transition in Germany
- With 8.75 megawatts of electrical power, it will be one of Germany’s
largest carbon-free hydrogen generation plants
- Siemens Financial Services, Rießner Gase GmbH and SWW Wunsiedel GmbH
are investors in Wunsiedel’s WUN H2 operating company
- Plant to go into operation in
summer 2022 with an annual production of up to 1,350 tons of hydrogen and CO2savings of up to 13,500 tons
- WUN H2 to supply Northern Bavaria, Thuringia and neighboring part of
Czech Republic with hydrogen
Kickoff
for one of the largest green hydrogen projects in Germany: The official
groundbreaking ceremony in Wunsiedel marked the start of construction of a
hydrogen generation plant with a capacity of 8.75 megawatts. The facility will
produce up to 1,350 tons of hydrogen per year using only renewable energy, for
example from solar or wind power. Using the generated hydrogen in
transportation and industry allows for CO2savings of up to 13,500
annually.
- New
leadership appointments effective October 1, 2022
- Jenny
Bofinger, currently head of Sustainability, will join the board of the newly
formed International Sustainability Standards Board
Siemens AG
today announced new leadership appointments in its Sustainability and Investor Relations
departments, effective October 1. Eva Riesenhuber (49), currently head of Investor
Relations, will assume the role of global head of Sustainability and Eva
Scherer (38), currently Chief Financial Officer (CFO) of the Rail
Infrastructure and Software Business Units at Siemens Mobility, is appointed
head of Investor Relations.
- More space for locomotive production and service business
- Floor area to be increased by around 30,000 m2
- New capacities to meet growing demand
Siemens
Mobility is expanding its manufacturing and services facility in Munich-Allach
in order to meet the growing demand for locomotives and services. The factory
will be enlarged to 80,000 m2 from its current 50,000 m2
to provide additional capacities for processing new orders, optimizing
production and logistics flows within the facility, and add more office space.
- Zsolt Sluitner to hand over leadership
of the business as of March 1, 2024
- Jörg Vocke has been working at
Siemens for 20 years and has many years of experience in Siemens Real Estate’s business
- Current focus areas: Sustainable and
value-oriented growth as well as transformation of global office and production
locations
Effective
March 1, 2024, Jörg Vocke (55) will become the new CEO of Siemens Real
Estate (SRE), the real estate company of Siemens. In this role, he will report
directly to Ralf P. Thomas, Chief Financial Officer and member of the
Managing Board of Siemens AG. As a corporate real estate manager, SRE is
responsible for Siemens’ global real estate portfolio and continuously drives
the further development of this portfolio in a sustainable, socially
responsible and value-oriented manner. SRE also plays a key role in Siemens’ €2
billion global investment strategy for getting production locations fit for the
future.
- Siemens intends to acquire 18% in
Siemens Ltd. India for a purchase price of 2.1 billion euro
- Siemens and Siemens Energy will
jointly propose to the Board of Directors of Siemens Ltd. India to separate the
energy business by way of a demerger
- Simplification of corporate setup in
one of the fastest growing and strategically important markets
- Siemens has agreed with Siemens
Energy indirect financial measures totaling one billion euro to allow third
parties to arrange guarantees for Siemens Energy
Siemens AG has taken measures to support the stability
of Siemens Energy AG and accelerate separation in India – in the best possible
interests of all parties. Specifically, Siemens intends to enter into a share
purchase agreement with Siemens Energy to acquire an 18% stake in Siemens Ltd.
India from Siemens Energy for a purchase price of 2.1 billion euro in cash.
This would increase Siemens’ stake in the publicly listed Siemens Ltd. India from
51% to 69%, while Siemens Energy’s stake would decrease from 24% to 6%. With
the intended acquisition, Siemens and Siemens Energy accelerate unbundling the
business activities of the Indian subsidiary of Siemens. The
purchase price reflects a customary discount of 15% on the 5-trading-days volume-weighted
average price before the day of signing. Siemens will provide no new guarantees to Siemens Energy.
- Further 8 percent
stake transferred to Siemens Pension-Trust e. V.
- Transfer strengthens Siemens’
pension assets in Germany
- Move reduces Siemens’ investment in Siemens
Energy AG to 17.1 percent from 25.1 percent
- Prof. Dr. Ralf P. Thomas to resign
from the supervisory board of Siemens Energy AG
Today, on December 18, 2023, Siemens AG is transferring an 8 percent stake in Siemens Energy AG to Siemens Pension-Trust
e. V. As a result, Siemens AG’s stake in Siemens Energy AG is declining to
17.1 percent. With this move, Siemens is executing its previously announced
plans to further reduce its investment in Siemens Energy. By transferring the
shares to Siemens Pension‑Trust e.V., Siemens is strengthening
its pension assets in Germany.
- AWS IoT SiteWise Edge now available as application on Siemens Industrial Edge Marketplace
- Seamless integration of edge and cloud helps customers optimize industrial operations
- Collect, organize, and analyze Industrial Internet of Things (IIoT) data at scale to make better, data-driven decisions
AWS IoT SiteWise Edgeis now available on the Siemens Industrial Edge Marketplace. From there,
customers can deploy it on Siemens Industrial Edge for centralized app and
device management and combine it with a variety of other apps and edge devices,
from Siemens and other vendors, to configure an IoT solution for their specific
challenges. AWS IoT SiteWise Edge is an on-premises software that is part of the Industrial
IoT services portfolio of Amazon Web Services Inc. (AWS) and can collect,
process, and monitor equipment data locally, even without an internet
connection.