5.1 Working at Siemens Actions and results E Equity Progress on DEGREE ambition #10: Launch of our Siemens Employer Branding campaign to attract and retain talents2 Access to employee share plans – In 2023 we launched our new employer branding campaign maintain high level and expand globally Create a better #TomorrowWithUs to win and retain talents to up to 100% by 2025 for Siemens as the inclusive employer of choice. Siemens is Siemens employee share program strengthens currently undergoing the most significant transformation in identification with the company the company’s history: transitioning from a mechanical Employee share ownership is an integral part of the engineering company to a technology company that drives Siemens DEGREE sustainability framework: We aim to sustainability. Our goal is to position Siemens as the inclusive maintain access to our employee share program at employer of choice in all our relevant talent markets. This has the 98% level and expand it globally to up to 100% by also received external recognition, as Siemens has been listed 1 Owning a stake in the company is intended to among the “World’s Most Attractive Employers 2023” by Forbes 2025. motivate our people to take personal responsibility and Universum, as well as in national rankings like LinkedIn for their own actions. This ownership culture has a “Top Company 2023” in Germany. long tradition at Siemens: Our first profit-sharing program was introduced back in 1858. Today the Fair and equitable talent process global Siemens share program, which has been We are committed to transparent and equitable access to offered annually since 2008, is one of the largest career opportunities and equal pay for equal work for our employee share programs in the world. More than people. With access to our open and transparent Job Market 102,000 employees invested in their company in fis- and by leveraging new technologies to improve our skill- - cal 2023, which means that almost 44% of all eligible based recruiting, we foster cross-organizational develop employees participated.2 In addition, Siemens AG ment. Our Siemens MyGrowth development program and distributed around 573,000 free bonus shares to talent programs are designed to help develop our people’s employees in the past fiscal year as part of the global full potential. PROFESSIONAL EDUCATION AND LIFELONG LEARNING share program. OUR DEGREE SUSTAINABILITY FRAMEWORK Right to collective bargaining and freedom of Siemens Healthineers has its own share program that association it offers to its employees. The principles of fair pay, the right to collective bargaining, and freedom of association are embedded in Siemens’ BCGs Progress and International Framework Agreement (IFA) COMPLIANCE FY 21: 98% 99.9% ~ 100% by 2025 AND ETHICS. Siemens AG reaffirmed its commitment to workers’ fundamental rights in an International Framework Agreement 1 Where legally possible and reasonable. (IFA) signed with trade unions and our employee represen- 2 Participation is open to all employees who were employee by a participating Siemens subsidiary on October 1 of the previous calendar year and continue tatives in 2012. HUMAN RIGHTS to be employed at a participating Siemens subsidiary until at least the last day of the applicable offer period. Members of the Managing Board are excluded. Siemens without SHS 2 Siemens without SHS. SIEMENS SUSTAINABILITY REPORT 2023 84