Page 28 DI SW – Annual Recurring Revenue (ARR) Q2 22 18% Q1 23 24% Q2 23 27% Q3 23 30 % Q2 24 37% 3.1 3.5 3.6 3.7 4.0 3.9 4.1 Q1 24 33% Q4 23 9% +14% 1) +15% 1 ) SaaS transition with high momentum 1 ARR: FX comparable Share of Cloud ARR €bn Cloud ARR: • Up 1.8x y - o - y to €1.5bn 60% Q2 22 79% Q1 23 81% Q2 23 82% Q3 23 84% Q4 23 84% Q1 24 85% Q2 24 ~ 1,250 ~ 5,450 ~ 7,520 ~ 9,260 ~11,300 ~ 12,590 ~14,760 # Customers (accumulated): Customer transformation rate to SaaS: 69% 84% 59% 94% 87% 87% 89% 80% 75% 78% 79% 81% 89% Q2 22 Q1 23 Q2 23 Q3 23 Q4 23 Q1 24 Q2 24 Cloud invest: • €120m in H1 FY24 | FY24: targeted invest ~€250m Share of renewals based on total contract value (TCV) Therein 75% new customers SME customers Rolling 4Q Unrestricted Unrestricted | © Siemens 2024 | Equity Story Combining the real and digital worlds Strong underlying growth momentum with SaaS transformation at high pace TARGET 4 0 % C l o u d A R R b y F Y 2 0 2 4