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• Annual Shareholders’ Meeting ratifies acts of Managing and Supervisory Boards by large majorities

At today’s 54th ordinary Annual Shareholders’ Meeting of Siemens AG, shareholders approved the distribution of a dividend of €3.90 per share for fiscal 2019, as proposed by the Managing and Supervisory Boards. The dividend for fiscal 2019 was thus €0.10 higher than the dividend for fiscal 2018. The company has now increased its dividend six years in a row.

• Purchase price of €20.00 per SGRE share
• All shares held by Siemens to be transferred to future Siemens Energy
• Cooperation agreement signed for future joint projects
• Intensified cooperation between Siemens and SGRE will create savings of up to €900 million (NPV) for SGRE 

Siemens AG will acquire all the shares of Siemens Gamesa Renewable Energy (SGRE) held by Iberdrola S.A. At its regular meeting today, the Supervisory Board of Siemens AG approved the purchase of Iberdrola’s 8.1% stake in SGRE. The purchase price is €20.00 per share, which corresponds to a 32% premium on top of the average SGRE share price for the last 30 trading days. Siemens will pay the total amount of €1.1 billion from its own resources. All legal disputes between Iberdrola and Siemens will be settled.

• ÖBB orders 11 new Desiro ML trains from Siemens Mobility
• By the end of 2021, a total of 200 ML ÖBB Cityjets will be in service
• Further trains will be retrofitted with ETCS to ensure highest safety standards

ÖBB (Austrian Federal Railways) is calling up eleven trains from the existing framework contract for 200 Desiro ML trains from Siemens Mobility, thereby completing the contract. When the new trains are delivered by the end of 2021, a total of 200 Desiro ML ÖBB Cityjets will be in service and substantially enhance the quality of travel for passengers. Equipped with WLAN, air conditioning, power outlets, tables for opposite seats and many other amenities, the trains offer local commuters all the comforts and conveniences that previously were only available on long-distance trains.

• Focus on Industrial Internet of Things
• Former head of Strategy Department, Horst J. Kayser, responsible for Siemens’ Portfolio Companies 

Peter Körte (44) has been appointed the new head of Siemens’ Strategy Department, effective February 1, 2020. In this role, he will succeed Horst J. Kayser, who has been responsible for Siemens’ Portfolio Companies since the beginning of January and has headed the Strategy Department on an acting basis since that time. As head of Strategy, Körte will report directly to Deputy CEO Roland Busch. Körte currently heads the Digital Health unit at Siemens Healthineers’ Diagnostic Imaging business.

Effective February 1, 2020, Michael Hagmann (53) will be responsible for setting up Siemens Energy’s Investor Relations Department. He will report directly to Michael Sen, designated CEO of Siemens Energy.

• Siemens' Capital is selected by Europe's second largest car manufacturer to automatically render electrical system diagrams, replacing manual processes 
• Accurate documentation helps ensure rapid and effective vehicle maintenance, helping Groupe PSA realize a 30% schedule reduction
• Capital is part of the Xcelerator portfolio of software, which is enabling tomorrow's electronic design today

Siemens today announced that Siemens' Capital™ software electrical design product for its automotive aftersales documentation has been selected by Groupe PSA , the second largest car manufacturer in Europe. Groupe PSA is an early innovator of autonomous and connected cars, manufacturing five car brands: Peugeot, Citroën, DS, Opel and Vauxhall. The company has an established process of supplying its facilities with after-sales service documentation with several types of design deliverables aiding rapid diagnosis. Using Capital's advanced technology, Groupe PSA has replaced a largely manual process and can now automatically render their electrical system diagrams using data that comes directly from the PSA electrical/electronic (E/E) engineering department and their harness suppliers to help provide "correct-by-construction" assurance. The result is accurate documentation created using "as-manufactured" data provided by Groupe PSA's suppliers which helps ensure rapid and effective vehicle maintenance when required. Groupe PSA can now better enable their digital enterprise and continue to innovate the mobile solutions of the future. 

• Guided acceptance test for safety functions in the Sinamics Startdrive engineering tool
• Extremely user-friendly thanks to acceptance wizard
• Automatically generated and standard-compliant acceptance report supports documentation

With Sinamics Startdrive commissioning software, Siemens supports machine builders in the validation of safety functions for Sinamics frequency converters with a guided acceptance test. With Sinamics Startdrive, Siemens offers a tool for the integration of drive hardware into the TIA Portal engineering framework. The integrated guided acceptance test for safety functions is available for Sinamics G and S series frequency converters and complies with EN ISO 13849-2 and IEC 62061.

• Fast 1,000 Hz sampling rate and processing time deliver high accuracy and repeatability
• Seamless, user-friendly integration into Simatic automation systems
• Wide range of applications in pharmaceutical, food and beverage, chemical, and steel industries 

Siwarex WP351 is Siemens’ newest solution for intelligent weighing automation. Measuring 20 millimeters width by 65 millimeters height, the module is one of the smallest weighing electronics units available. The device’s 1,000 Hz sampling rate and processing time combined with a digital output response time of less than one millisecond guarantee highest accuracy and repeatability. This capability represents especially in case of checking scales and high performance filling machines a big advantage, as even within very short weighing times the dosing devices are controlled in an optimal way.