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• Siemens announces projects for Golden Stretch Round
• Committed funding to total US$20.5 million
• Volume of Siemens Integrity Initiative above US$100 million

Building on the first three rounds of the Siemens Integrity Initiative, Siemens AG has again announced projects to receive funding to drive and support clean markets. Initially launched in 2010, the initiative has a volume of more than US$100 million. The new projects will enhance the initiative’s portfolio to reach a total of 85 projects in over 50 countries and increase its committed funding to nearly US$120 million. 

• Creating maximum customer impact by uniquely combining the real and digital worlds 
• Focus on sustainability with ambitious “DEGREE” framework
• Updated Financial Framework with new financial targets for accelerated, high-value growth
• Comparable annual revenue growth of 5 percent to 7 percent over the business cycle (previously: 4 percent to 5 percent)
• Annual increase in earnings per share before purchase price allocations (EPS pre PPA) in high-single-digit percentage range
• Progressive dividend policy; new share buyback program of up to €3 billion – to begin in fiscal 2022 and run until 2026
• Outlook Fiscal 2021: Net income continues to be expected in the range of €5.7 billion to €6.2 billion, however now including the previously announced burdens in connection with the acquisition of Varian

As part of its virtual Capital Market Day entitled “Accelerating High Value Growth,” Siemens AG is presenting its new growth strategy today. This strategy is also reflected in ambitious new Financial Framework targets, and it includes a comprehensive sustainability agenda. 

• Focus on ecofriendly vehicles to help make company carbon neutral by 2030
• New app enables executives to switch company cars flexibly anytime based on their specific requirements
• Under the EV100 initiative, Siemens wants to have a fully electric fleet by 2030

In January 2022, Siemens will introduce a new model for the company cars used by its executive-level employees. Currently in the pilot phase, the new model is to be implemented Germany-wide by the beginning of next year. The goal is to provide employees with greater access to cars with ecofriendly drive systems and thus give them an additional incentive to use electric vehicles. Siemens’ fleet organization will also be more flexible and sustainable since employees will be able choose the type of electric vehicle they want at any time based on their requirements. This spring, the company joined the Climate Group’s EV100 initiative and thus set a target of transitioning its global fleet to 100 percent electric mobility by 2030.

• Siemens Arts Program boosts efforts to foster young talent in new cooperative initiative with Berliner Philharmoniker’s Karajan Academy
• Siemens Conductors Scholarship includes position as assistant to chief conductor of the Berliner Philharmoniker, Kirill Petrenko
• Conducting competition to take place in Berlin from October 22 to 24, 2021
• Winner to receive academy scholarship for two-year program of study as well as conduct a dedicated portrait concert 

The Siemens Arts Program is collaborating with the Berliner Philharmoniker’s Karajan Academy to hold a conducting competition in the Berlin Philharmonie concert hall from October 22 to 24, 2021. The winner will be awarded a scholarship as part of a two-year program of study at the academy. The honors include a position as assistant to the chief conductor of the Berliner Philharmoniker, Kirill Petrenko. The winner will have the opportunity to conduct his or her own portrait concert with the Karajan Academy’s Chamber Orchestra in the Chamber Music Hall at the Berliner Philharmonie. The competition begins on Friday, October 22, 2021, and will consist of three separate rounds held over three days. The winner will then be announced on the evening of Sunday, October 24, 2021.

• Unlocking digital model data along the product lifecycle for drive systems
• Accessing CAD data in web, Augmented Reality and Virtual Reality 
• Combining IIoT with visual computing for design collaboration and troubleshooting

Drive systems are core assets in industrial processes. Key aspects of the structural design and functionality are reflected in digital twins. Visualizing digital model data along the product lifecycle of a drive system is key in operational tasks from collaboration in design to remote service or troubleshooting. Moreover, the introduction of augmented reality and virtual reality in the industrial domain yields the potential to become a productivity driver for the human interaction with data. 

• Siemens Caring Hands to make 100 oxygen concentrators available to medical institutions in India through Caritas international
• Concentrators to be delivered to hospitals in Bengaluru, Goa and Chennai
• Donations from Siemens to be used to provide further medical equipment, hygiene kits, masks and food to affected families

The Siemens Caring Hands e.V. charity is making a long-term contribution toward fighting the pandemic in India and is providing 100 oxygen concentrators to hospitals in Bengaluru, Goa and Chennai. The concentrators are to be delivered by mid‑June 2021 to facilitate the treatment of COVID-19 patients. India is one of the countries hardest hit by the corona crisis. The World Health Organization estimates that about 29 million people have contracted COVID-19 in India since the pandemic began and that about 350,000 of them have died.

At FC Bayern Munich’s season finale against FC Augsburg on May 22, Siemens, FC Bayern and the #WeKickCorona initiative launched a donation campaign with the slogan: #HeartBeatFinal. The Bayern fans were asked to measure their heartrate during the match using activity trackers – and make the data available for #FCBayernPulse, a Siemens and FC Bayern project. Siemens will donate €0.01 per measured heartbeat to #WeKickCorona, an initiative that supports social institutions. 936,318 heartbeats were measured during Bayern’s 5-2 win. Siemens will duplicate the achieved donation amount of €9.363,18 to €18.800.

• Siemens to acquire Supplyframe, a leading and fast-growing marketplace for the global electronics value chain
• Combining Supplyframe’s knowhow with Siemens’ leading software enables customers to innovate and develop products faster
• Supplyframe to be the nucleus of Siemens’ digital marketplace strategy
• Closing of transaction expected in fourth quarter of fiscal year 2021

Siemens has signed an agreement to acquire Supplyframe, a leading Design-to-Source platform for the global electronics value chain, for USD 0.7 billion. The transaction unlocks significant value for customers of Supplyframe and Siemens, providing seamless and quick access to both Siemens’ offerings and Supplyframe’s marketplace intelligence. This will help customers to reduce costs, increase agility and make highly informed decisions. The acquisition also strengthens the Siemens portfolio through Software as a Service (SaaS) – not only in the field of Electronic Design Automation (EDA) and Printed Circuit Boards (PCB), but also scaling into other domains and technology fields.