1、Compensation Report 2022 Siemens Aktiengesellschaft Berlin and Munich Compensation Report 2022 This Compensation Report provides an explanation and a clear and comprehensible presentation of the compensation individually awarded and due to the current and former members of the Managing Board and the

2、 Supervisory Board of Siemens AG for fiscal 2022(October 1,2021,to September 30,2022).The Report complies with the requirements of the German Stock Corporation Act(Aktiengesetz,AktG).Detailed information regarding the compensation systems for members of the Managing Board and the Supervisory Board o

3、f Siemens AG is available on the Siemens Global Website WWW.SIEMENS.COM/CORPORATE-GOVERNANCE.Due to rounding,numbers presented throughout this report may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures.Table of contents A.Fiscal 2022 in retr

4、ospect 4 B.Compensation of Managing Board members 6 B.1 The compensation system at a glance 6 B.2 Principles of the determination of compensation 10 B.2.1 Target compensation and compensation structure 10 B.2.2 Maximum compensation 12 B.2.3 Appropriateness of compensation 12 B.3 Variable compensatio

5、n in fiscal 2022 13 B.3.1 Short-term variable compensation(Bonus)14 B.3.2 Long-term variable compensation(Stock Awards)20 B.3.3 Malus and clawback regulations 26 B.4 Share Ownership Guidelines 27 B.5 Pension benefit commitment 27 B.6 Compensation awarded and due 28 B.6.1 Active Managing Board member

6、s in fiscal 2022 28 B.6.2 Former members of the Managing Board 31 B.7 Outlook for fiscal 2023 32 C.Compensation of Supervisory Board members 33 D.Comparative information on profit development and annual change in compensation 35 E.Other 38 Independent auditors report 39 Compensation Report A.Fiscal