Pages 31 – 53 Governance Responsible Business Practices Ethics Governance Foster a culture of trust, adhere to ethical standards, Apply state-of-the-art systems for effective and and handle data with care responsible business conduct 1 1 Our key ambitions Our key ambitions → Striving to train 100% of our people on Siemens’ → ESG-secured supply chain based on supplier Business Conduct Guidelines every three years commitment to the Supplier Code of Conduct → Long-term incentives based on ESG criteria2 Additional highlights: → Zero-tolerance approach to breaches of applicable Additional highlights laws and our own internal guidelines → Focus on human rights within supply chain: climate → A global, risk-based compliance system protection, occupational safety, and responsible → Aiming for a leading role in cybersecurity sourcing of minerals → Comprehensive environmental and social due diligence in customer business (ESG Radar) 1 Siemens without SHS. 2 Assessment based on the Siemens internal ESG/sustainability index, which is based on customer satisfaction (Net Promoter Score), CO reduction, and digital learning hours. 2 SIEMENS SUSTAINABILITY REPORT 2023 31