Compensation Report → B. Compensation of Managing Board members The other two individual targets include focus topics from the areas of Company strategy / sustainability and were defined on the basis of the Managing Board members’ respective areas of responsibility. Individual targets: Focus topics from the areas of Company strategy / sustainability Dr. Roland Business development Busch Expansion of • Siemens Xcelerator revenue growth above fiscal-year targets Siemens Xcelerator business • Accelerated expansion of Siemens Xcelerator business through modernization and modularization as well as the extension of marketplace content and functionalities Sustainable strengthening • Market share gains in nearly all businesses with accompanying revenue growth of the businesses, including • Strengthening of value chain resilience resilience Sustainability / diversity Further development of the • Strengthening of the sustainability organization in the business units and establishment of a sustainability-related committee for sustainability-related business decisions business strategy and • Implementation and anchoring in key processes such as product design and data / IT infrastructure anchoring in Company as well as the development of business models steering Development of • Definition of basic structure and preparation of new key performance indicators for impact sustainability-related • Completion of materiality assessment pursuant to the Corporate Sustainability Reporting Directive business (CSRD) as well as sustainability scenario modeling Cedrik Business development Neike Expansion of • Positive revenue development as well as the expansion of Siemens Xcelerator scope to include Siemens Xcelerator business product design, engineering and verification • Further expansion of customer and partner landscape with, among others, NVIDIA, Microsoft and Daimler Truck Strengthening of the • Driving Regional sales transformation, among other things, through the introduction of overarching Regions in go-to-market, sales processes and steering including sector-specific • Improved sector-specific expertise in the battery and semiconductor segment – in particular, expertise through the dedicated allocation of resources and the addressing of key customers Achievement of software-as- • Transition to software-as-a-service considerably above plan and above the target communicated at a-service targets the 2021 Capital Market Day Implementation of other strategic target setting Development of • Definition of basic structure and preparation of new key performance indicators for impact sustainability-related • Implementation of sustainability and energy efficiency campaigns business Strengthening of sector- • Establishment and expansion of partnerships as well as analysis of new business opportunities specific solutions with • External communications and training of sales personnel in sector-specific aspects of sustainability regard to sustainability- related business Matthias Business development Rebellius Expansion of • Siemens Xcelerator revenue growth above fiscal-year targets for Siemens Xcelerator software, Siemens Xcelerator business internet of things (IoT) and digital services and for Siemens Xcelerator IoT hardware Strengthening of the • Planning for seven sectors in key countries for fiscal 2024 already concluded Regions in go-to-market, • Strong development in the battery and semiconductor segment, among other things, through the including sector-specific strengthening of sales structures and the conclusion of framework agreements expertise Implementation of other strategic target setting Development of • Definition and introduction of customer value in the sustainability strategy of Siemens AG sustainability-related • Determination of clear sustainability-related focus businesses and investment priorities business Strengthening of sector- • Identification of business opportunities and market-specific use cases specific solutions with • Successful, cross-sector scaling of energy-saving contracting in commercial buildings, hospitals, regard to sustainability- universities related business FISCAL 2023 17