Press
Munich, February 14, 2023

Siemens issues first digital bond onblockchain• First digital bond on a public blockchain in accordance with Germany’s
Electronic Securities Act (eWpG)• Siemens is a pioneer in the ongoing digital transformation of capital andsecurities markets• The bond has a volume of €60 million and maturity of one year
• Bond sold directly to investors• Classic payment via bank accountSiemens is one of the first companies in Germany to issue a digital bond, inaccordance with Germany’s Electronic Securities Act (Gesetz über elektronische
Wertpapiere, eWpG). Worth 60 million, it has a maturity of one year and isunderpinned by a public blockchain. Issuing the bond on a blockchain offers anumber of benefits compared to previous processes. For instance, it makes paperbased global certificates and central clearing unnecessary. What’s more, the bondcan be sold directly to investors without needing a bank to function as anintermediary.
“With our innovative products and technologies, Siemens supports the digitaltransformation of its customers with great success. It is therefore only logical that wetest and utilize the latest digital solutions in finance, too. We are proud to be one of
the first German companies to have successfully issued a blockchain-based bond.
This makes Siemens a pioneer in the ongoing development of digital solutions forthe capital and securities markets,” said Ralf P. Thomas, Chief Financial Officer ofSiemens AG.

Siemens AG
Head of Communications: Lynette Jackson
Press Release No.: HQCOPR202302136650EN

Werner-von-Siemens-Straße 180333 Munich
Germany
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Siemens AGPress Release

It has been possible to issue blockchain-based digital bonds in Germany since theElectronic Securities Act came into effect in June 2021.
Siemens has used the new possibilities of the Electronic Securities Act and sold thesecurities directly to investors without engaging established central securities
depositories. Payments were made using classic methods as the digital euro was
not yet available at the time of the transaction. The transaction was able to becompleted within two days.
“By moving away from paper and toward public blockchains for issuing securities,
we can execute transactions significantly faster and more efficiently than whenissuing bonds in the past. Thanks to our successful cooperation with our project
partners, we have reached an important milestone in the development of digital
securities in Germany,” said Peter Rathgeb, Corporate Treasurer at Siemens AG,“We are going to actively drive their ongoing development.”
Hauck Aufhäuser Lampe Privatbank AG acted as the bond registrar for thetransaction. DekaBank, DZ Bank, and Union Investment invested in the bond.

This press release is available at: https://sie.ag/40U7vfu

Contact for media inquiries
Simon Friedle
Phone: +49 1525 2159076, e-mail: simon.friedle@siemens.com

Stefania Demuro
Phone: +49 172 2488490, e-mail: stefania.demuro@siemens.com

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Siemens AG

Press Release

Siemens AG (Berlin and Munich) is a technology company focused on industry, infrastructure, transport, andhealthcare. From more resource-efficient factories, resilient supply chains, and smarter buildings and grids, tocleaner and more comfortable transportation as well as advanced healthcare, the company creates technology withpurpose adding real value for customers. By combining the real and the digital worlds, Siemens empowers its
customers to transform their industries and markets, helping them to transform the everyday for billions of people.
Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a globally leading medicaltechnology provider shaping the future of healthcare. In addition, Siemens holds a minority stake in Siemens
Energy, a global leader in the transmission and generation of electrical power.
In fiscal 2022, which ended on September 30, 2022, the Siemens Group generated revenue of €72.0 billion and net
income of €4.4 billion. As of September 30, 2022, the company had around 311,000 employees worldwide. Further
information is available on the Internet at www.siemens.com.

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