Compensation Report → B. Compensation of Managing Board members Individual targets: Focus topics from the areas of Company strategy / sustainability (cont.) Prof. Dr. Implementation of portfolio measures Ralf P. Driving performance of • Successful sale of Commercial Vehicles business to Meritor Thomas Portfolio Companies • Strong operating performance, including revenue growth and increase in operating profitability year-over-year Further development of • Successful support for Siemens Xcelerator through specific SFS solutions and integration of a digital Siemens Financial Services payment and financing gateway (SFS) • Scaling of established financing solutions in new business models of the industrial business Sustainability / diversity Development of the • Development and implementation of methods for identifying SFS financing solutions with a positive sustainability-related value contribution in the sustainability area business of Siemens • Continuous further development of sustainability through innovation in financing offerings Financial Services (SFS) Judith Optimization / efficiency enhancement Wiese Further development and • Further expansion of business activities, including a first major external contract performance of Global • Revenue increase above annual planning as well as achievement of planned productivity targets Business Services (GBS) Implementation of Next • Targeted scaling of Next Work to now roughly 80,000 employees Work program • Development and provision of a Next Work training program for managers and businesses Sustainability / diversity Further development of • Launch of a project to further develop the DEGREE framework DEGREE framework • Acceleration of two DEGREE targets with adjusted, ambitious target setting and early achievement of the target regarding the share of women in top management positions 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 project design and data / IT infrastructure anchoring in Company as well as the development of business models steering Target achievement for the target dimension “Individual targets” is summarized for each Managing Board member in the following table. Individual targets: Total target achievement by each Managing Board member Weighting Key performance indicator / focus topics Target achievement Total target achievement Dr. Roland 25% CCR Siemens Group 162.50% Busch 25% Comparable revenue growth Siemens c/o 200.00% 165.63% 50% Business development 150.00% Sustainability / diversity Cedrik 25% CCR Digital Industries 100.00% Neike 25% Comparable revenue growth Digital Industries 168.00% 132.00% 50% Business development 130.00% Implementation of other strategic target setting Matthias 25% CCR Smart Infrastructure 115.00% Rebellius 25% Comparable revenue growth Smart Infrastructure 200.00% 153.75% 50% Business development 150.00% Implementation of other strategic target setting Prof. Dr. 25% CCR Siemens Group 162.50% Ralf P. Thomas 25% Comparable revenue growth Siemens c/o 200.00% 160.63% 50% Implementation of portfolio measures 140.00% Sustainability / diversity Judith 25% CCR Siemens Group 162.50% Wiese 25% Comparable revenue growth Siemens c/o 200.00% 155.63% 50% Optimization / efficiency enhancement 130.00% Sustainability / diversity Target achievement: 132.00% to 165.63% FISCAL 2023 18