Fully committed to accelerating value creation Unrestricted | © Siemens 2024 | Equity Story Page 45 Accelerating Value Creation Profitable growth Stringent capital allocation Strong cash generation ... based on strong investment grade rating C o m p l i a n c e E x e c u t i o n T r a n s p a r e n c y 1 Stringent capital allocation priorities balancing investments and shareholder returns 2 Leveraging innovation power and continuing transformation to drive profitable growth 3 Entire organization geared toward strong cash generation Accelerating value generation for strong and sustainable shareholder return Focus on execution, transparency and compliance boosting competitiveness 4