Press Conference Siemens Group Belgium - Luxembourg



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February 6 th, 2014 - Huizingen Press Conference Siemens Group Belgium - Luxembourg Restricted Siemens Group Belgium-Luxembourg Feb. 2014. All rights reserved. siemens.be/answers

New President and Chief Executive Officer: Joe Kaeser I will not try to reinvent Siemens. There's really no need for that. However, we need constant change, technological innovation capability and high productivity to survive in the fierce competitive environment. I will join all 370,000 Siemens employees in this effort. (Quote from announcement press conference 31 juli 2013) Page 2 Feb. 2014

Thinking for the long term Providing answers to the great challenges of our time Siemens the pioneer in Energy efficiency Industrial productivity Affordable and personalized healthcare Intelligent infrastructures Siemens stands for the electrification of the world. Digitization and automation are transforming this value chain. Hybrid bus of Van Hool equipped with Siemens technology from Belgium Page 3 Feb. 2014

Key figures Revenue by Sector Revenue by Region Healthcare 18% 23% Infrastructure and Cities Asia, Australia 20% 14% Germany Energy 35% 24% Industry Americas 28% 38% Europe, C.I.S., Africa, Middle East (excl. Germany) Based on customer location Revenue and employees Revenue in millions of Employees in thousands 100,000 80,000 60,000 40,000 20,000 500 400 300 200 100 0 FY 1986 1990 1995 2000 2005 2013 Continuing operations comparison with previous year In millions of FY 2012 FY 2013 New orders 75,939 82,351 Revenue 77,395 75,882 Income 4,642 4,212 Free cash flow 4,727 5,257 Employees 366,000 362,000 As reported in annual reports Page 4 Feb. 2014

A strong local partner for customers In more than 200 countries Germany 118,000 70 10.8 Americas 78,000 20.9 77 28% 27% 14% 24% Europe, C.I.S., Africa, Middle East (excl. Germany) 29.1 102,000 28% 37% 68 24% 38% 24% Asia, Australia 64,000 15.1 74 17% 20% 25% 20% 26% Employees Revenue (billions of ) Major production facilities As of September 30, 2013; all numbers refer to continuing operations Page 5 Feb. 2014

Siemens Group Belgium Luxembourg Organization and key figures FY 2013 (Oct. 1st Sep. 30th) CEO and CFO Sector Leads André Bouffioux Business Volume New orders: 954 Revenue: 1 081 Revenue per sector Peter Geilen Industry Infrastructure & Cities Eddy Nelis André Bouffioux Industry Automation Drive Technologies Customer Services Metals Technologies Rail Systems Mobility and Logistics Low and Medium Voltage Smart Grid Building Technologies Industry Healthcare 27% 34% thereof DX 26% 36% 3% Infrastructure & Cities Energy & Cities 15% Industry 80% Energy Healthcare Peter Koninckx Luc Van Overstraeten Power Generation Wind Power Power Transmission Energy Service Imaging & Therapy Systems Clinical Products Diagnostics Customer Solutions Figures according to IFRS Group-Reporting Page 6 Feb. 2014

Siemens Group Belgium Luxembourg Key Figures (according to IFRS Group Reporting) values in mio Total FY 2012 FY 2013 New Orders 1"016' 954' Revenue 1"037' 1"081' Export % of Revenue 38 % 33 % Employees FTE *) 1.691 1.644 *) Full time equivalents (FTE) Page 7 Feb. 2014

Siemens Group Belgium Luxembourg (incl. DX, excl. LMS) FY 2013 - Revenue Revenue 1"081' Industry 27% Infrastructure & cities 36% thereof DX 26% Healthcare 34% Energy 3% Industry 80% & Cities 15% Page 8 Feb. 2014

Economical Environment in Belgium Slightly better perspective GDP-Growth 2014-01: Belgium: 0,7% In the fourth quarter of 2013, economic activity increased by 0.4%. Inflation 2013-12: Belgium: 1,2% International economic perspective remains uncertain Overall Synthetic Curve The smoothed overall synthetic curve, which reflects the fundamental economic trend, is still pointing upwards. Source: NBB Long-term interest rates Source: NBB Source: NBB 2,45 1,82 Source : Eurostat 2014/01/14 Page 9 Feb. 2014

Economical Environment in Belgium but still serious factors of uncertainty Foreign Trade Balance Source : NBB Foreign trade accounts for approximately 70 percent of the Belgium's economy. About 80% of Belgium's trade is with fellow EU member states Negative trade balance since 2008 not yet turned consistently positive Salary Gap Source : ECB Salary gap with neighboring countries still increasing. Gap needs to be closed in order to safeguard industrial activity in Belgium. Page 10 Feb. 2014

Sectors and Divisions Energy Healthcare Industry Infrastructure & Cities Divisions Power Generation Wind Power Energy Service Power Transmission Divisions Imaging & Therapy Systems Clinical Products Diagnostics Customer Solutions Divisions Industry Automation Drive Technologies Customer Services Metals technologies Divisions Rail Systems Mobility and Logistics Low and Medium Voltage Smart Grid Building Technologies Page 11 Feb. 2014

Competitiveness needs permanent attention Page 12 Feb. 2014

Inauguration Mont Saint Guibert Close to our customers Strengthened presence in Wallonia Siemens businesses stick with Walloon megatrends Get closer to our customers and partners in Wallonia Regional events e.g. Liège Créative Innovation & Energy issues Benefit from LMS Samtech s experience and knowledge Page 13 Feb. 2014

Strong partnership with local companies ABM (Fleurus): Siemens European Assembly Center Siemens Assembly Center (ASC) Pour les motoréducteurs de la gamme Siemens Simogear Les services d ABM : L ASSEMBLAGE LA POSE LA DÉPOSE LA RÉVISION LE SUIVI 24h/24, 7 jours sur 7. Page 14 Feb. 2014

Industrial production unit OEM & Project Business (Energy Mobility Industry) ~ 50.000 cabinets / year 20.000 Low Voltage Motors 350 Medium Voltage Motors Page 15 Feb. 2014

Innovation: no future without it! In 2013: we boosted innovation Innovation Game 270 participants Results Business: 4 ideas ready for market 10 under investigation Results Process: 3 ideas ready for roll out 6 under investigation In 2014: continuous innovation Innovation platform Page 16 Feb. 2014

Innovation mindset Page 17 Feb. 2014

New Regional organization: Lead Country Concept for Business & Support Functions 30 Lead Countries with > 85% of Siemens business Benefits of new organization Focus on Countries and increased customer proximity by direct interaction between Lead Countries and global headquarters Overview of Lead Countries: Germany Great Britain Netherlands Sweden Poland Belgium France Spain Portugal Switzerland Italy Austria Czech Republic Turkey Russia United Arab Emirates Saudi Arabia South Africa China India Korea Singapore Indonesia Australia Japan USA Canada Mexico Brazil Colombia Page 18 Feb. 2014

Why Siemens Belgium has been chosen? Proven experience in various countries in all sectors since 1976 Belgium Assigned Countries Luxembourg Tunisia Algeria Morocco Assigned Countries without own setup Benin Burkina Faso Burundi Cameroon Central African Republic Chad Congo Congo, the Democratic Republic of the Côte d'ivoire Equatorial Guinea Gabon Gambia Guinea Guinea Bissau Liberia Mali Mauritania Niger Rwanda Senegal Sierra Leone Togo Page 19 Feb. 2014

Industry activities Water & Wastewater Projects Low Voltage / CE distribution through Sogelec in Ivory Coast BE Branch Office used by water & wastewater exclusively BE Branch Office used by water & wastewater and other Sectors BE Branch Office NOT used by water & wastewater Athmania (Algérie) new pumping stations counter Algerian drought Page 20 Feb. 2014

Smart Grid activities Business responsibility for North Africa Present in 10 other countries > 25 years of experience in export activities BE Branch Office used by Infrastructure and Cities Smart Grid in Cameroon and RDC SCADA (Cameroun) Center of Competence Page 21 Feb. 2014

Healthcare activities Successfactors: historical relationships, customer intimacy on all levels, financing possibilities, training African doctors in Belgian hospitals Zone Belgium Saint-Camille, Burkina Faso - MR A long tradition of export to WCA countries. Page 22 Feb. 2014

Energy activities Our Siemens Belgium team works directly for Center of Competence Erlangen services for the Oil & Gas solutions market in Algeria Aïn Ouessera for Sonelgaz (Algeria) - electrical substation 220/60/30 kv, to secure the supply of energy in a large region Page 23 Feb. 2014

References in Belgium Page 24 Feb. 2014

Industry 1 2 27% 3 4 5 1. Kaneka installation of a secured IT system with link to the existing Siemens process control system (PCS 7) 2. Q8 update of 100-year-old lubricating oil plant, integration of an MES layer with Simatic IT on the existing PCS 7 control system 3. New Holland retrofit of the production line for drive systems for agricultural vehicles 4. NMBS driver s cabs Efficient production of control cabinets for NMBS in Huizingen 5. Aperam prepares its hot strip mills for the future Page 25 Feb. 2014

Energy 1 2 3% 1. Elia - Projects for first 70kV GIS substations running in Schelle, Beerse, Bévercé and Namur. 2. Electrabel Upgrade of the complete DCS system for the Combined Cycle power plant of Drogenbos owned by Electrabel (GDF Suez Group), with the SPPA-T3000 control system. Page 26 Feb. 2014

Healthcare 1 2 34% thereof DX 26% Industry 80% & 15% Cities 3 4 1. Centre Hospitalier de Wallonie Picarde Notre Dame - Aptio Automation project 2. Centre Hospitalier Emile Mayrisch & Centre Hospitalier Luxembourg - 2 flash dual source CT scanners 3. UZ Gent - Mammomat Inspiration Prime (Right Dose) 4. Cliniques Universitaires Saint-Luc & Clinique Saint-Joseph Arlon Q-technology Page 27 Feb. 2014

Infrastructure & Cities 1 2 36% 3 4 5 1. Butendiek - Switchgear for Offshore Windpark 2. Eandis - Intelligent Security Solutions (Remote Terminal Unit) 3. NATO - Advanced security system for new NATO headquarters in Brussels 4. Brussels Mobility - Traffic Management System 5. De Lijn Antwerp - Renewal and extension automatic tram protection system Pre-metro Page 28 Feb. 2014

Page 29 Feb. 2014