POC assets optimized, best owners found Best owner principle for remaining POC units Closed FY 21 Closed FY 22 Closed FY 22 Closed Q1 - 23 Portfolio Companies Successful execution of PE value creation approach, so far delivered >€3.5bn value Unrestricted | © Siemens 2024 | Equity Story Page 43 €2.0bn €0.3bn €1.1bn €0.2bn Commercial Vehicles Mail & Parcel Logistics 1 FY 23 comparable revenue in new structure (full Innomotics reported in POC). Profit margin FY 23 also on comparable basis, ex cl . €148m divestment gain from Commercial Vehicles disposal in FY 23 2 Siemens Energy Assets (SEA): certain remaining regional business activities not carved out to Siemens Energy in FY 20 due to co untry - specific regulatory restrictions or economic considerations Profit margin FY 23 ¹ 6.6% FY 23 revenue split: • Innomotics ~€3.3bn • Siemens Energy Assets ² ~€0.9bn • Airport Logistics ~€0.5bn Leading motors and large drives company Next Steps Listing of Siemens Energy India Ltd. within 2025, separation process progressing Divestment signed • Innomotics brand well received; positive customer feedback • Divestment to KPS signed, purchase price of € 3.5bn (EV) Next Steps Closing expected in H1 FY 25 with b ook gain of ~€ 2bn post tax Revenue FY 23 (comp.) ¹ €4.7bn Profit margin guide FY 24 >5% India Algeria Pakistan Greece Indonesia Assets Enterprise value in €bn, Gain from Valeo JV exit Assets transferred to Siemens Energy