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In connection with Siemens’ organizational changes, the Supervisory Board of Siemens AG, at its meeting on March 28, 2011, appointed three new members to the company’s Managing Board. Roland Busch, currently head of Corporate Strategies, will be CEO of the newly created Infrastructure & Cities Sector. Klaus Helmrich, currently CEO of the Drive Technologies Division, will hold the Managing Board portfolio for Technology. Michael Süß, currently CEO of the Fossil Power Generation Division, will be CEO of the Energy Sector. All three will assume their Managing Board positions on April 1, 2011. Wolfgang Dehen, currently CEO of the Energy Sector, will leave the Managing Board of Siemens AG to become CEO of the Executive Board of Osram GmbH.

Siemens AG intends to be a leading participant in the dynamic growth of cities and infrastructure investments. To achieve this, the company is founding a fourth Sector – Infrastructure & Cities – that will be comprised of selected businesses from the Industry and Energy Sectors. In the future, the Industry Sector will concentrate exclusively on industry customers and reinforce its industry and service business. “We are orienting Siemens toward technology leadership in a broad spectrum of energy-efficient solutions for cities and industries. With this move, we intend to top the €100-billion mark in business volume in the next few years,” said Siemens President and CEO Peter Löscher. In addition, Siemens is planning an initial public offering (IPO) for its subsidiary Osram in the fall of 2011. This step will give Osram full entrepreneurial freedom to secure and further expand its leading position in a lighting market being swept by technological change. The Supervisory Board of Siemens AG gave its approval for the IPO at an extraordinary meeting on March 28.

Siemens plans to publicly list its subsidiary Osram GmbH in the fall of 2011. The parent company intends to retain a minority stake in Osram, in which it will remain a long-term anchor shareholder. “Osram has an outstanding position worldwide as Siemens’ lighting brand, and we intend to maintain our close ties to the future Osram AG as a long-term anchor shareholder. With the IPO, we want to give Osram complete entrepreneurial freedom to comprehensively further develop its leading competitive position in a lighting market being swept by technological changes,” said Siemens President and CEO Peter Löscher. Siemens also wants to participate in future growth in the market for new lighting technologies.

Siemens has been honored for its outstanding research and development activities in two key innovation markets. In the U.S., the company has been included for the first time on the list of the world’s 50 most innovative companies by the prestigious technology magazine “MIT Technology Review.” And in China, the leading business magazine “Global Entrepreneur” has ranked Siemens among the country’s best research centers for the third time in a row.

Siemens is conducting an international fundraising campaign to help the victims of the earthquake and its aftermath in Japan. Through March 31, 2011, Siemens will match every euro that employees around the world donate to a special bank account opened for that purpose. The company itself will set aside at least €1 million to cover these donations. In addition, Siemens is providing immediate on-site assistance, including medical equipment like mobile ultrasound devices and reagents for lab tests, as well as urgently needed water purification systems with a total value of €2 million. “We are deeply saddened by the extent of the disaster in Japan. Our fundraising campaign is a symbol of the profound solidarity we feel with our colleagues in Japan and with all the people of Japan,” said Siemens CEO Peter Löscher.

The University of Maastricht has contracted with Siemens Healthcare to deliver and install three powerful, high-field magnetic resonance tomographs (MRT). This order is one of the largest to date in the history of Siemens Healthcare in the Netherlands. The imaging devices will be used by the Brains Unlimited research project of the University of Maastricht. The objective of the project is to further investigate how the human brain functions.

Singapore is Asia's greenest metropolis. This is the conclusion of the Asian Green City Index – a study commissioned by Siemens and performed by the independent Economist Intelligence Unit (EIU). For the study, which was carried out over the past few months, the EIU analyzed the aims and achievements of 22 major Asian cities with respect to environmental and climate protection. Singapore City stands out in particular for its ambitious environmental targets and its efficient approach to achieving them. In other Asian cities as well, however, environmental awareness and climate protection guidelines are playing an increasingly important role."The Asian Green City Index supports cities in their efforts to expand their infrastructures on a sustainable basis. We want to enable Asia's up-and-coming urban centers to achieve healthy growth rates coupled with a high quality of life," said Barbara Kux, member of the Managing Board of Siemens AG and the company’s Chief Sustainability Officer.

Siemens AG intends to increase its stake in its publicly listed Indian company Siemens Ltd. from currently about 55 percent to 75 percent. To this end, the company will offer public shareholders of Siemens Ltd. INR930 per share. In the case of full acceptance of the offer, the investment will total roughly €1 billion. Siemens is expanding its stake with the aim of further developing its business in India.