Siemens (SIE) AGM 2026 summary

Opening remarks and agenda

• The meeting was formally opened by the Chairman, welcoming shareholders, board members, and guests, and confirming proper convening and legal compliance.

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

• Instructions for participation, voting procedures, and accessibility were provided, with emphasis on digital access and live broadcast options.

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; electrification business grew 16%.

• Industrial business profit reached a record EUR 11.8 billion (15.4% margin); net income up 16% to EUR 10.4 billion.

• Free cash flow hit a record EUR 10.8 billion; basic earnings per share were EUR 10.71.

• Share price increased 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; Bienert to become CFO.

• Matthias Rebelius to leave the Managing Board in July 2026; Peter Körte to assume Smart Infrastructure responsibility.

• Birgit Steinborn retired from the Supervisory Board; Tobias Bömler and Stefanie Langfeld to join.

• Mark Schneider designated as future Supervisory Board Chairman, with transition planned by February 2027.