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Press Release09 February 2023Siemens AGMunich
Siemens to pay dividend of €4.25 per share; Supervisory Board becomes even more diverse
The company’s shareholders also reelected the following four
shareholder representatives as members of the Supervisory Board for another
four years: Dr. Werner Brandt, Benoît Potier, Dr. Nathalie von
Siemens and Matthias Zachert. The shareholders also elected Regina E. Dugan
(PhD, 59), CEO of Wellcome Leap Inc., Keryn Lee James (54), former CEO of
the ERM Group, and Martina Merz (59), CEO of thyssenkrupp AG, as new members of
this oversight body. Their terms of
office will also be four years in each case. As a result, women now account for
half of the ten shareholder representatives on the Supervisory Board.
“By bringing Regina E. Dugan, Keryn Lee James and Martina
Merz on board, we have gained three outstanding
personalities for Siemens.
Their election highlights how important technology and sustainability are for the
Supervisory Board’s future. Their election also means that the composition of
this body is now more diverse than ever,” said
Jim Hagemann Snabe, Chairman of the Supervisory Board of Siemens AG.
“Despite major challenges, Siemens broke a record in fiscal 2022: for
the first time, profit in our Industrial Business exceeded €10 billion.
Our free cash flow came in at €8.2 billion. We successfully executed our
strategy, captured market shares and achieved high-value growth. Our dividend
has risen to €4.25, and the dividend yield as of September 30, 2022, was 4.2 percent. All this makes Siemens one of the best technology
investments,” said Roland Busch, President and CEO of Siemens AG.
Ensuring active
shareholder participation at the Annual Shareholders’ Meeting is extremely
important to Siemens. The format of today’s virtual Annual Shareholders’
Meeting was set up to come very close to that of in-person Annual Shareholders’
Meetings: shareholders had full rights to make statements, ask questions and
submit proposals. They had the opportunity to join the meeting live per video to
speak during the general debate. In addition, the main focal points of the
speeches held by Supervisory Board Chairman Jim Hagemann Snabe and by President
and CEO Roland Busch were published online in advance on February 1, 2023.
Further
information on the 2023 Annual Shareholders’ Meeting is available at www.siemens.com/agm
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Siemens AG (Berlin and Munich) is a technology company focused on industry, infrastructure, transport, and healthcare. From more resource-efficient factories, resilient supply chains, and smarter buildings and grids, to cleaner and more comfortable transportation as well as advanced healthcare, the company creates technology with purpose adding real value for customers. By combining the real and the digital worlds, Siemens empowers its customers to transform their industries and markets, helping them to transform the everyday for billions of people. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a globally leading medical technology provider shaping the future of healthcare. In addition, Siemens holds a minority stake in Siemens Energy, a global leader in the transmission and generation of electrical power.
In fiscal 2022, which ended on September 30, 2022, the Siemens Group generated revenue of €72.0 billion and net income of €4.4 billion. As of September 30, 2022, the company had around 311,000 employees worldwide. Further information is available on the Internet at www.siemens.com.
In fiscal 2022, which ended on September 30, 2022, the Siemens Group generated revenue of €72.0 billion and net income of €4.4 billion. As of September 30, 2022, the company had around 311,000 employees worldwide. Further information is available on the Internet at www.siemens.com.
Notes and forward-looking statements
This document contains statements related to our future business and financial performance and future events or developments involving Siemens that may constitute forward-looking statements. These statements may be identified by words such as “expect,” “look forward to,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project” or words of similar meaning. We may also make forward-looking statements in other reports, in prospectuses, in presentations, in material delivered to shareholders and in press releases. In addition, our representatives may from time to time make oral forward-looking statements. Such statements are based on the current expectations and certain assumptions of Siemens’ management, of which many are beyond Siemens’ control. These are subject to a number of risks, uncertainties and factors, including, but not limited to those described in disclosures, in particular in the chapter Report on expected developments and associated material opportunities and risks in the Combined Management Report of the Siemens Report (www.siemens.com/siemensreport), and in the Interim Group Management Report of the Half-year Financial Report (provided that it is already available for the current reporting year), which should be read in conjunction with the Combined Management Report. Should one or more of these risks or uncertainties materialize, should decisions, assessments or requirements of regulatory authorities deviate from our expectations, should events of force majeure, such as pandemics, unrest or acts of war, occur or should underlying expectations including future events occur at a later date or not at all or assumptions prove incorrect, actual results, performance or achievements of Siemens may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forward-looking statement. Siemens neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated.
This document includes – in the applicable financial reporting framework not clearly defined – supplemental financial measures that are or may be alternative performance measures (non-GAAP-measures). These supplemental financial measures should not be viewed in isolation or as alternatives to measures of Siemens’ net assets and financial positions or results of operations as presented in accordance with the applicable financial reporting framework in its Consolidated Financial Statements. Other companies that report or describe similarly titled alternative performance measures may calculate them differently.
Due to rounding, numbers presented throughout this and other documents may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures.