“We’re looking forward to the 2024 Annual Shareholders’ Meeting and to
interacting with our shareholders. After a record-breaking fiscal year, we can
be very proud that our strategy is paying off. Siemens AG is making an
important contribution to shaping a digital and sustainability transformation,”
said Jim Hagemann Snabe, Chairman of the Supervisory Board of Siemens AG.
very pleased that we met our raised targets in fiscal 2023 and
created significant value for all our stakeholders. With the format chosen for our Annual Shareholders’ Meeting, we’re integrating
all our shareholders and offering them a simple way to actively participate,”
said Roland Busch, President and CEO of Siemens AG.
proposal, change to PwC as independent auditors and approval of compensation
system for Managing Board members
Annual Shareholders’ Meeting will vote on, among other things, the dividend for
fiscal 2023, which ended on September 30, 2023. In line
with the company’s progressive dividend policy, the Supervisory and Managing
Boards are proposing to the Annual Shareholders’ Meeting – which will take
place in February 2024 – a dividend of €4.70. This figure corresponds to a clear
increase of €0.45 year-over-year. Based on the company’s closing share price of
€135.66 at the end of September 2023, this amount would result in an attractive
dividend yield of 3.5 percent.
the basis of its Audit Committee’s recommendation, the Supervisory Board is
proposing to the Annual Shareholders’ Meeting that PricewaterhouseCoopers GmbH
Wirtschaftsprüfungsgesellschaft be appointed to serve as independent auditors
of the Annual Financial Statements and the Consolidated Financial Statements
for fiscal 2024 and as auditors for the review of the condensed Financial
Statements and the Interim Management Report for the Siemens Group for the
first half of fiscal 2024. This proposal is the result of an intensive dialogue
among the Supervisory Board, the Audit Committee and the Managing Board of Siemens
AG and of a comprehensive tendering process in accordance with applicable
European legal standards.
of the 2024 Annual Shareholders’ Meeting includes – among other things – resolving
on approval of the compensation system for the Managing Board members. Such a
resolution is required every four years. It is also required due to the
amendments adopted by the Supervisory Board, effective October 1, 2023.
Live video connection
the general debate at the upcoming Annual Shareholders’ Meeting, shareholders
can become part of the webcast live per video to speak or ask questions. They do
not need to submit their questions in advance.
addition, the main content of the speeches to be given by the Supervisory Board
Chairman as well as by the President and CEO will be published online in
advance of the event. This publication is expected by no later than January 31,
information, please see Siemens’ Notice of Annual Shareholders’ Meeting, which
was published today and is available at: www.siemens.com/agm