Compensation Report → E. Other E. Other The Company provides a group insurance policy for Supervisory and Managing Board members and certain other employees of the Siemens Group. The policy is taken out for one year at a time or renewed annually. It covers the personal liability of the insured individuals in cases of financial loss associated with their activities on behalf of the Company. The insurance policy for fiscal 2023 includes a deductible for the members of the Managing Board that complies with the requirements of the German Stock Corporation Act (AktG). For the Managing Board For the Supervisory Board Dr. Roland Busch Prof. Dr. Ralf P. Thomas Jim Hagemann Snabe President and Chief Executive Officer Chief Financial Officer Chairman of the Supervisory Board of Siemens AG of Siemens AG of Siemens AG FISCAL 2023 37
Siemens Report FY2023 Page 187 Page 189