Compensation Report → B. Compensation of Managing Board members Target compensation fiscal 2023 Dr. Roland Busch Cedrik Neike Managing Board members President and CEO since Feb. 3, 2021 Managing Board member since April 1, 2017 in office on September 30, 2023 2023 2022 2023 2022 € thousand in % of TTC € thousand in % of TTC € thousand in % of TTC € thousand in % of TTC Fixed Base salary 1,770 22% 1,770 23% 1,102 25% 1,102 26% compensation 1 + Fringe benefits 133 2% 133 2% 83 2% 83 2% + BSAV contribution / 2 amount for free disposal 991 12% 991 13% 617 14% 617 15% = Total 2,894 36% 2,894 38% 1,801 41% 1,801 43% Variable + Short-term variable compensation compensation Bonus for fiscal 2023 1,770 22% – – 1,102 25% – – Bonus for fiscal 2022 – – 1,770 23% – – 1,102 26% + Long-term variable compensation 2023 Stock Awards (vesting: 2022 – 2026) 3,340 42% – – 1,470 34% – – 2022 Stock Awards (vesting: 2021 – 2025) - - 2,954 39% - - 1,259 30% = Total target compensation (TTC) 8,004 100% 7,618 100% 4,373 100% 4,162 100% Matthias Rebellius Prof. Dr. Ralf P. Thomas Managing Board member since Oct. 1, 2020 Managing Board member since Sept. 18, 2013 2023 2022 2023 2022 € thousand in % of TTC € thousand in % of TTC € thousand in % of TTC € thousand in % of TTC Fixed Base salary 1,102 26% 1,102 27% 1,102 22% 1,102 22% compensation 1 + Fringe benefits 83 2% 83 2% 83 2% 83 2% + BSAV contribution / 2 amount for free disposal 551 13% 551 13% 617 12% 617 13% = Total 1,735 41% 1,735 42% 1,801 36% 1,801 37% Variable + Short-term variable compensation compensation Bonus for fiscal 2023 1,102 26% – – 1,102 22% – – Bonus for fiscal 2022 – – 1,102 27% – – 1,102 22% + Long-term variable compensation 2023 Stock Awards (vesting: 2022 – 2026) 1,380 33% – – 2,145 42% – – 2022 Stock Awards (vesting: 2021 – 2025) – – 1,259 31% – – 2,000 41% = Total target compensation (TTC) 4,217 100% 4,096 100% 5,048 100% 4,903 100% Judith Wiese Managing Board member since Oct. 1, 2020 2023 2022 € thousand in % of TTC € thousand in % of TTC Fixed Base salary 1,102 26% 1,102 27% compensation + 1 Fringe benefits 83 2% 83 2% + BSAV contribution / 2 amount for free disposal 551 13% 551 13% = Total 1,735 41% 1,735 42% Variable + Short-term variable compensation compensation Bonus for fiscal 2023 1,102 26% – – Bonus for fiscal 2022 – – 1,102 27% + Long-term variable compensation 2023 Stock Awards (vesting: 2022 – 2026) 1,380 33% – – 2022 Stock Awards (vesting: 2021 – 2025) – – 1,259 31% = Total target compensation (TTC) 4,217 100% 4,096 100% 1 For fiscal 2023, each Managing Board member was awarded fringe benefits equal to a maximum 7.5% of his or her base salary. The target amount reported here is also equal to the maximum amount. 2 Matthias Rebellius and Judith Wiese are not included in the Siemens Defined Contribution Pension Plan (BSAV). Instead of BSAV contributions, they receive a fixed cash amount for free disposal. FISCAL 2023 11