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• CEO Roland Busch and Bavarian Minister-President Markus Söder officially open one of Siemens’ largest new construction projects worldwide 
• Open section of the city as international model project for innovative construction, digitalization, research and sustainability
• Central Reception Building is new “face” of Siemens in Nuremberg metropolitan region
• New Laboratory Building as research hub on campus
• More than €1.5 billion of real estate investments in Bavaria – with around €1.2 billion of this sum invested in Nuremberg metropolitan region

• 18 Siemens inventions per workday in fiscal 2022
• Inventions range from bionic metro systems to empathetic chatbots
• €5.6 billion invested in research and development

Every year, Siemens recognizes its outstanding researchers and developers as Inventors of the Year in five categories: Newcomers, Open Innovation, Outstanding Invention, Lifetime Achievement, and Design and User Experience. These prize-winning inventors are continuing a Siemens tradition that began 175 years ago. Their inventions benefit both society and the economy by enabling people to travel more sustainably, by making industry smarter and more efficient or by improving therapeutic methods. Sixteen Inventors of the Year for 2022 were honored today. They hail from Germany, Hong Kong, India, Canada, Lebanon, Austria, Poland and Scotland. Details on the prize-winning inventions and the people behind them are available at: www.siemens.com/inventors.

• Annual Shareholders’ Meeting to be held in virtual format on February 9, 2023
• Dr. Regina E. Dugan (Wellcome Leap Inc.), Keryn Lee James (former CEO of the ERM Group, and expert for sustainability) and Martina Merz (thyssenkrupp AG) nominated for election to Supervisory Board
• Reelection of four other Supervisory Board members proposed: Dr. Werner Brandt (Chairman of the Supervisory Board of RWE AG), Benoît Potier (Chairman of the Board of Directors of ĽAir Liquide S.A.), Dr. Nathalie von Siemens (member of supervisory boards) and Matthias Zachert (Chairman of the Board of Management of LANXESS AG)
• Michael Diekmann, Dr. Norbert Reithofer and Baroness Nemat Shafik to leave Supervisory Board
• Supervisory Board and Managing Board propose increasing dividend to €4.25, up from €4.00 in prior year 

Siemens AG today published the notice for its next ordinary Annual Shareholders’ Meeting on February 9, 2023. The Managing Board of Siemens AG has decided, with Supervisory Board approval, that the Annual Shareholders’ Meeting will again be held as a virtual event. In addition, the Supervisory Board has proposed the election of three new members. Approval from the Annual Shareholders’ Meeting for all of the Supervisory Board’s election proposals would mean that, in the future, half of the ten shareholder representatives on the Supervisory Board would be female. As part of its sustainability commitments, the company will, for the first time, offset the carbon emissions caused by sending nearly a million invitations.

• Approximately 46 percent CO2 reduction in own operations since 2019
• Ambitious targets: 55 percent physical CO2 reduction by 2025 and 90 percent by 2030
• Approximately 150 million tons customer emissions avoided with Siemens’ products and solutions sold in FY 2022
• €650 million investment for own decarbonization by 2030
• €280 million investment for training and continuing education of own workforce in 2022

Siemens has been a pioneer in sustainability for many years and is continuing to accelerate its commitments. With the publication of its Sustainability Report covering environmental, societal and corporate governance (ESG) for fiscal 2022, the company announced new, more ambitious targets for its own decarbonization as well as extensive investments. Siemens also disclosed the customer emissions avoided through its products and solutions sold in 2022, approximately 150 million tons, based on an updated future impact calculation methodology in accordance with the principles outlined in the Greenhouse Gas (GHG) Protocol Reporting Standard. 

• Siemens to bundle qualification programs for technical training and continuing education in new, Germany-wide SiTecSkills Academy
• Certified continuing education offerings to strengthen employability in digital transformation
• Academy to advise Siemens’ units and partners on concrete, demand-oriented qualification measures
• SiTecSkills Academy to also be open for external partners

Siemens is launching an academy for continuing education that will focus on technical up- and reskilling. At 19 regional training centers across Germany, the SiTecSkills Academy will make a comprehensive, certified portfolio of qualification measures available in new areas of digitalization and sustainability. This initiative aims to enhance employee skillsets to meet the requirements of the digital transformation within the work environment. The Academy primarily aims to provide training to employees in manufacturing, service, sales, finance, controlling and business support functions. In doing so, the SiTecSkills Academy supplements the portfolio offered by the Siemens Professional Education training unit by providing targeted occupational and technical learning opportunities. Thus, the Academy seamlessly fits into Siemens’ existing continuing education offerings. The new aspect is that this offering is available to both internal and external partners within the learning ecosystem.

The sale of Siemens Commercial Vehicles business to Meritor closed successfully on November 30. In May 2022, Siemens had announced the contract signing to sell Commercial Vehicles business to Meritor, Inc. for a purchase price of around €190 million (Enterprise Value).

• Revenue for the fourth quarter climbed 18% year-over-year, to €20.6 billion, while orders increased 14% year-over-year, reaching €21.8 billion, for a book-to-bill ratio of 1.06
• Revenue rose 12% and orders grew 7% on a comparable basis, excluding currency translation and portfolio effects
• Profit Industrial Business climbed 38%, to €3.2 billion, with a profit margin of 16.2%, on profit increases in all industrial businesses
• Net income more than doubled to €2.9 billion for the quarter due to the strong performance of the Industrial Business and benefiting from a gain on the sale of the mail and parcel-handling business of Siemens Logistics; corresponding basic earnings per share (EPS) rose to €3.39 and EPS before purchase price allocation accounting (EPS pre PPA) climbed to €3.59
• Free cash flow from continuing and discontinued operations was €3.5 billion
• In a strong operating performance for the full fiscal year 2022, orders rose 25%, to €89.0 billion and revenue increased 16%, to €72.0 billion, for a book-to-bill-ratio of 1.24; on a comparable basis, orders were up 17% and comparable revenue growth of 8.2% exceeded our guidance
• Fiscal 2022 Profit Industrial Business grew 17% year-over-year to a record-high €10.3 billion; net income came in at €4.4 billion, corresponding basic EPS was €4.65, and EPS pre PPA was €5.47 thus fulfilling our guidance from Q3 FY 2022; both basic EPS and EPS pre PPA included burdens of €3.37 per share related to the non-cash impairment of our stake in Siemens Energy AG in Q3 FY 2022; Free cash flow from continuing and discontinued operations was €8.2 billion, at the record level of fiscal 2021
• Siemens proposes to increase the dividend from €4.00 a year earlier to €4.25 per share

• Orders in fiscal 2022 climbed 17 percent on a comparable basis to €89.0 billion (fiscal 2021: €71.4 billion)
• Revenue in fiscal 2022 grew 8.2 percent on a comparable basis to €72.0 billion (fiscal 2021: €62.3 billion)
• Profit Industrial Business at record level of €10.3 billion (fiscal 2021: €8.8 billion) – Profit margin of the Industrial Business rose to 15.1 percent (fiscal 2021: 15.0 percent)
• Once again excellent free cash flow at Group level of €8.2 billion (fiscal 2021: €8.2 billion)
• Digital business revenue grew around 15 percent to €6.5 billion (fiscal 2021: €5.6 billion)
• Increased dividend of €4.25 per share (fiscal 2021: €4.00) proposed
• Outlook for fiscal 2023: Siemens expects revenue growth of 6 percent to 9 percent on a comparable basis and basic earnings per share before purchase price allocation accounting in a range of €8.70 to €9.20

Siemens once again delivered an outstanding performance in fiscal 2022 (as of September 30, 2022). Based on strong growth momentum, all four industrial businesses recorded increases in order intake and revenue. In some cases, these increases were significant. Despite a continuing complex macroeconomic environment influenced, among other things, by economic sanctions on Russia, high inflation and the impact of the COVID-19 pandemic, Siemens grew again in all key markets. In addition, major interruptions in fiscal 2022 could be avoided despite supply chain risks in the areas of electronic components, raw materials and logistics.