• 6.8 percent stake transferred to Siemens Pension-Trust e.V.
• Transfer strengthens Siemens’ pension assets in Germany
• Move reduces Siemens’ consolidated investment in Siemens Energy AG from 31.9 percent to 25.1 percent

Siemens AG has transferred a 6.8 percent stake in Siemens Energy AG to Siemens Pension-Trust e.V. on June 28, 2023. As a result, Siemens AG’s stake in Siemens Energy AG declines to 25.1 percent. With this move, Siemens is executing its previously announced plans to reduce its investment in Siemens Energy. By transferring the shares to Siemens Pension‑Trust e.V., Siemens is strengthening its pension assets in Germany.

Siemens had already indicated before the spin-off and in conjunction with the public listing of Siemens Energy that it would further reduce its investment in Siemens Energy depending on strategic and operational developments as well as the market environment. 

Siemens Pension‑Trust e.V. manages Siemens’ pension funds independently within the framework of an investment guideline.

As part of the publication its third-quarter results, Siemens will share further information on August 10, 2023.

Notes and forward-looking statements
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