Compensation Report → B. Compensation of Managing Board members ESG key performance indicators for 2023 Stock Awards tranche Key performance indicator Definition Derived from Ambition CO2 emissions Amount of greenhouse gases emitted Sustainability Net zero emissions in business operations by 2030 with 55% by the Company's business operations strategy emission reduction by 2025 and 90% by 2030. This ambition, in tons of CO2 equivalent, excluding (DEGREE which was raised in fiscal 2022, also contributes to 1 carbon offsets (for example, certificates). framework) compliance with the SBTi pathway and the fulfilment of the obligations arising from membership in the RE100, EV100 2 and EP100 initiatives. Digital learning The total number of digital learning hours Sustainability Siemens' success is inseparably linked with highly qualified hours per completed in virtual trainer-led training ses- strategy employees. The right employees with the right expertise are employee sions, self-paced learning, learning on (DEGREE decisive for our further growth. That is why we place a strong the job, community-based virtual learning framework) emphasis on learning in order to sustainably anchor it in and hybrid training sessions, divided by the and Company our day-to-day working environment while continuously total number of employees. priorities increasing learning hours. (Growth mindset) Net Promoter Customer intention to recommend us, Company Customer satisfaction is Siemens' top priority. For us, this Score (NPS) measured on a scale of 1 (extremely unlikely) priorities means identifying customer requirements as early as to 10 (extremely likely) and based on (Customer possible, strengthening partnerships and maintaining and comprehensive annual customer satisfaction impact) building trust. As a result, we systematically measure 3 surveys. customer satisfaction and take steps to improve it. 1 Science Based Target Initiative (SBTi): Reduction targets for 2030 based on the scientific requirements for limiting global warming to 1.5 degrees Celsius. 2 Use of renewable energy (RE): 100% green electricity by 2030; use of electric vehicles (EV): 100% electric vehicles; improving energy productivity (EP): 100% CO2-neutral buildings. 3 The NPS is calculated by subtracting the percentage of detractors from the percentage of promoters. Customers that rate Siemens high on the scale are promoters. Customers that find it unlikely to recommend Siemens to others are named detractors. Example: promoters (55%) minus detractors (10%) = NPS (45%). The Supervisory Board set the allocation date for the 2023 Stock Awards tranche at November 18, 2022. The timeline of this tranche is as follows. Timeline for the 2023 Stock Awards tranche Allocation and four-year vesting period Transfer Process sequence OCT '22 | NOV '22 OCT '23 NOV '23 2024 2025 SEPT '26 OCT '26 j NOV '26 ▲ k ▲ 1 ♦ ▼♦ 1F * ♦ Performance measurement TSR reference period TSR performance period ESG performance measurement based on interim targets for each fiscal year The target amounts, the maximum allocation amounts, the maximum number of Stock Awards allocated and the fair value at allocation date in accordance with IFRS 2 Share-based Payment are shown in the following table. The allocation price applicable for the 2023 tranche was €114.22. FISCAL 2023 22