Compensation Report → B. Compensation of Managing Board members B.4 Share Ownership Guidelines The deadlines by which the individual Managing Board members must first verify compliance with the Share Ownership Guidelines (SOG) vary from member to member, depending on when they were appointed to the Managing Board. For Managing Board members in office on September 30, 2023, the following table shows the number of Siemens shares that each held in order to comply with the SOG on March 10, 2023, the verification date. It also shows the number of shares to be held throughout the Managing Board members’ terms of office with a view to future verification dates. Obligations under the Share Ownership Guidelines Required Verified Managing Board members in office on September 30, 2023, and required to verify Percentage of Value Number of Percentage of Amount Number of compliance on March 10, 2023 1 2 1 2 3 base salary in € shares base salary in € shares Dr. Roland Busch 300% 4,704,300 39,163 316% 4,956,271 41,261 Cedrik Neike 200% 2,203,200 18,342 247% 2,718,676 22,633 Prof. Dr. Ralf P. Thomas 200% 2,203,200 18,342 466% 5,131,887 42,723 Total 9,110,700 75,847 12,806,834 106,617 1 The amount of the obligation is based on the average base salary during the four years prior to the respective verification dates. 2 Based on the average Xetra opening price of €120.12 for the fourth quarter of 2022 (October to December). 3 As of March 10, 2023 (verification date). B.5 Pension benefit commitment Most of the members of the Managing Board are included in the Siemens Defined Contribution Pension Plan (BSAV). Since fiscal 2020, newly appointed members of the Managing Board can be awarded, instead of BSAV contributions, a fixed cash amount for free disposal. Contributions under the BSAV are credited to the individual members’ pension accounts in the January following each fiscal year. Until pension payments begin, members’ pension accounts are credited with an annual interest payment (guaranteed interest) on January 1 of each year. The interest rate is currently 0.25%. Information regarding the Siemens Defined Contribution Pension Plan (BSAV) Defined benefit obligation for all pension commitments 1 2 Contributions Service costs according to IAS 19R excluding deferred compensation (Amounts in €) 2023 2022 2023 2022 2023 2022 Managing Board members in office on September 30, 2023 Dr. Roland Busch 991,200 991,200 792,442 913,079 8,569,123 7,814,364 Cedrik Neike 616,896 616,896 502,591 581,069 4,350,198 4,026,008 Prof. Dr. Ralf P. Thomas 616,896 616,896 518,342 578,296 8,707,501 7,572,833 Total 2,224,992 2,224,992 1,813,375 2,072,444 21,626,822 19,413,205 1 A total of €12,325 is attributable to the funding of personal pension benefit commitments earned prior to the transfer to the BSAV. 2 Deferred compensation for Prof. Dr. Ralf P. Thomas totals €59,980 (2022: €57,419). Judith Wiese and Matthias Rebellius, who were appointed to the Managing Board as of October 1, 2020, are not included in the BSAV. Instead of BSAV contributions, the Supervisory Board awarded these members for fiscal 2023 a fixed cash amount of €550,800 each for free disposal. This amount will be paid in January 2024. FISCAL 2023 26