PressMunich, May 17, 2021

Siemens accelerates digital marketplacestrategy with acquisition of Supplyframe• Siemens to acquire Supplyframe, a leading and fast-growing marketplace
for the global electronics value chain• Combining Supplyframe’s knowhow with Siemens’ leading software
enables customers to innovate and develop products faster• Supplyframe to be the nucleus of Siemens’ digital marketplace strategy• Closing of transaction expected in fourth quarter of fiscal year 2021
Siemens has signed an agreement to acquire Supplyframe, a leading Design-toSource platform for the global electronics value chain, for USD 0.7 billion. Thetransaction unlocks significant value for customers of Supplyframe and Siemens,
providing seamless and quick access to both Siemens’ offerings and Supplyframe’smarketplace intelligence. This will help customers to reduce costs, increase agility
and make highly informed decisions. The acquisition also strengthens the Siemens
portfolio through Software as a Service (SaaS) – not only in the field of Electronic
Design Automation (EDA) and Printed Circuit Boards (PCB), but also scaling into
other domains and technology fields.
"We are very pleased to welcome Supplyframe’s highly innovative and talented
team to the Siemens family. Supplyframe will be the nucleus to accelerate ouroverall digital marketplace strategy,” said Cedrik Neike, member of the Managing
Board of Siemens AG. "Supplyframe’s ecosystem and marketplace intelligencecomplements our industrial software portfolio perfectly and strengthens ourcapabilities for the growing market of small- and mid-size customers.”“Eighteen years ago, we set out on a journey to intelligently connect the extendedelectronics value chain. It took both a dedicated team and a visionary customer
Siemens AGCommunications
Head: Judith Wiese
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Press Releasebase to gradually turn our vision into reality. This process has been further
accelerated by the recent component shortage environment, which has exposed thefragility of supply chains and created a mandate for digital transformation andintelligent decision making. I am thrilled to join forces with Siemens to scale ourinnovation and drive broader adoption of our DSI solutions globally. This is anamazing outcome for our customers, partners and employees," said Steve Flagg,CEO and founder of Supplyframe.
Supplyframe has created a strong Design-to-Source Intelligence (DSI) ecosystemwith over 10 million engineering and supply chain professionals worldwide,
transforming how businesses design, source, market and sell products in the global
electronics value chain. Supplyframe’s SaaS offerings have been growing with ca.
40% p.a. over the last years, a rate that is expected to continue mid-term.
Siemens will realize significant synergies between Supplyframe’s capabilities and its
own portfolio with an expected USD mid-triple digit net present value. EPS accretive
pre-ppa in second year after closing. Steve Flagg will continue as CEO of thecompany and join the Siemens Digital Industries Software senior leadership team.
Founded in 2003, Supplyframe is headquartered in Pasadena, California with officesin the USA, China, France, Serbia and the UK. The expected revenue ofSupplyframe for the fiscal year 2021 is around $70 million with profit margins typicalfor the software business.
Closing of the transaction is subject to customary conditions and is expected in thefourth quarter of fiscal year 2021.

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Contact for journalists:
Kate Eby
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Florian Martens
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Simon Krause
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David Petry
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Siemens Digital Industries Software is driving transformation to enable a digital enterprise where engineering,manufacturing and electronics design meet tomorrow. The company’s Siemens Xcelerator portfolio helps
companies of all sizes create and leverage digital twins that provide organizations with new insights, opportunities
and levels of automation to drive innovation. For more information on Siemens Digital Industries Software products
and services, visit www.sw.siemens.com or follow us on LinkedIn, Twitter, Facebook and Instagram. Siemens
Digital Industries Software – Where today meets tomorrow.
Siemens Digital Industries (DI) is an innovation leader in automation and digitalization. Closely collaborating withpartners and customers, DI drives the digital transformation in the process and discrete industries. With its DigitalEnterprise portfolio, DI provides companies of all sizes with an end-to-end set of products, solutions and services tointegrate and digitalize the entire value chain. Optimized for the specific needs of each industry, DI’s unique portfolio
supports customers to achieve greater productivity and flexibility. DI is constantly adding innovations to its portfolioto integrate cutting-edge future technologies. Siemens Digital Industries has its global headquarters in Nuremberg,
Germany, and has around 76,000 employees internationally.
Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence,innovation, quality, reliability and internationality for more than 170 years. Active around the world, the company
focuses on intelligent infrastructure for buildings and distributed energy systems and on automation anddigitalization in the process and manufacturing industries. Siemens brings together the real and the digital worlds tobenefit customers and society. Through Mobility, a leading supplier of intelligent mobility solutions for rail and roadtransport, Siemens is helping to shape the world market for passenger and freight services. Via its majority stake inthe publicly listed company Siemens Healthineers, Siemens is also a world-leading supplier of medical technology
and digital health services. In addition, Siemens holds a minority stake in Siemens Energy, a global leader in thetransmission and generation of electrical power that has been listed on the stock exchange since September 28,2020.
In fiscal 2020, which ended on September 30, 2020, the Siemens Group generated revenue of €55.3 billion and net

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income of €4.2 billion. As of September 30, 2020, the company had around 293,000 employees worldwide. Further
information is available on the Internet at www.siemens.com.
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