Siemens (SIE) AGM 2026 summary

Opening remarks and agenda

• The meeting was opened by the Chairman of the Supervisory Board, welcoming shareholders, board members, and journalists, and outlining the agenda and procedures for participation and voting.

• The meeting was convened in due form, with all required documents and reports made available online and onsite.

• The agenda included the presentation of annual and consolidated financial statements, management and supervisory board reports, and strategic updates.

Financial performance review

• Orders increased by 6% to EUR 88.4 billion, with Digital Industries up 8% and a total order backlog of EUR 117 billion.

• Revenue rose 5% to EUR 78.9 billion, with electrification business revenue up 16%.

• Net income grew 16% to EUR 10.4 billion, marking a historic record for the third consecutive year.

• Free cash flow reached a record EUR 10.8 billion, and basic earnings per share totaled EUR 10.71.

• The share price increased by 26% in fiscal 2025, outperforming the DAX index.

Board and executive committee updates

• Early reappointments of Veronika Bienert and Peter Körte to five-year terms starting April 2026 were confirmed.

• Veronika Bienert will become CFO on April 1, 2026, ensuring a seamless leadership transition.

• Peter Körte will assume responsibility for Smart Infrastructure from July 2026.

• Matthias Rebelius will leave the Managing Board at the end of his contract.

• Birgit Steinborn retired from the Supervisory Board, succeeded by Tobias Bömler, with Stefanie Langfeld to be appointed.

• Mark Schneider is the designated future Chairman of the Supervisory Board, with a decision due by February 2027.