Siemens Aktiengesellschaft · XETR:SIE
Siemens Aktiengesellschaft — Siemens — Shareholder Meeting (2021)
45 slides from Siemens Aktiengesellschaft's shareholder meeting presentation, 2021
Slide 1: Annual Shareholders' Meeting 2021
Annual Shareholders‘ Meeting 2021 Joe Kaeser Report to shareholders
Slide 2: A company in transformation – What matters most!
A company in transformation – What matters most!
Slide 3: Ready for the future
Ready for the future Value Ultimate value creation Transformation Leading in all businesses and Anticipating markets shaping the transformation Focus and trends Putting focus ahead of scale effects 2019 2020 2021 2022
Slide 4: Fostering Ownership Culture and sharpening the company's focus
Ready for the future Value Ultimate value creation Transformation Leading in all businesses and Anticipating markets shaping the transformation Focus and trends Putting focus ahead of scale effects 2019 2020 2021 2022 Fostering Ownership Culture and sharpening the company‘s focus
Slide 5: Siemens, Siemens Energy, Siemens Healthineers
Siemens Siemens Energy Siemens Healthineers
Slide 6: Slide 6
Slide 7: is ar | D
is ar | D eae edn Frantefurt
Slide 8: Opportunities
Opportunities Employees Shareholder Customer Return on Growth investment Society Environmental, Social, Governance
Slide 9: Growth
SIEMENS Growth SIEMENS
Slide 10: Net Promoter Score
Net Promoter Score +72% 2013 2015 2017 2019 NPS scale ranges from -100% bis +100%
Slide 11: R&D spending in millions of €
R&D spending in millions of € +35% 4,601 3,419 2013 2020
Slide 12: Adjusted revenue in billions of €
Adjusted revenue in billions of € Siemens AG Siemens Energy 87 84 87 83 83 87 85 78 77 77 77 80 74 75 75 73 73 71 76 27 72 69 69 60 55 45 48 57 42 43 37 40 32 1990 1995 2000 2005 2010 2015 2020
Slide 13: Opportunities
Opportunities SIEMENS SIEMENS
Slide 14: Number of employees in thousands
Number of employees in thousands • About 245,000 employees are +19 Siemens shareholders* 367 386 • 220,000 new hires from 2015 to 2020 84 +9 93 • 100 million € for Fund for the Future focused on structural change +10 283 293 • More than 300 million € invested annually in employee training and educat
Slide 15: Slide 15
Slide 16: Siemens Global Employee Survey
Siemens Global Employee Survey 47% “I would recommend Siemens to a friend as a good place to 81% “In my environment, everyone is committed to finding the best solutions for our internal and +17 Ppt work.“ +10 Ppt external customers.“ 76% “I believe that I have a positive future at Siemens.“ 86% “Reg
Slide 17: Return on investment
Shareholder Return on investment
Slide 18: Total shareholder return – July 2013 to January 2021
Total shareholder return – from July 25, 2013, to January 25, 2021 132.80 €* 120.07 €* Siemens +136% 70.87 € DAX +64% Traditional Competitor -43% * Adjusted to reflect Siemens Energy spin off, historical price adjustment factor is 0.90 Dividends reinvested Source: Refinitiv; closing prices
Slide 19: EBITDA margin vs. competitors
EBITDA margin vs. competitors 20% Average margin of competitors New Siemens AG1 10% Δ~-70bps Δ~-250bps Δ~-410bps 2011 2012 2013 1 Industrial Businesses
Slide 20: EBITDA margin vs. competitors
EBITDA margin vs. competitors 20% Average margin of competitors New Siemens AG1 10% Δ~-70bps Δ~-250bps Δ~-410bps Δ~-130bps Δ~-210bps Δ~-100bps 2011 2012 2013 2014 2015 2016 1 Industrial Businesses
Slide 21: EBITDA margin vs. competitors
EBITDA margin vs. competitors New 20% Siemens AG1 17.7%2 15.4%2 Average margin of com- petitors 10% Δ~-70bps Δ~-250bps Δ~-410bps Δ~-130bps Δ~-210bps Δ~-100bps Δ~-120bps Δ~+40bps Δ~+60bps Δ~+80bps 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Organizational structure as of April 1, 2020 1 Industr
Slide 22: Fiscal year 2020: new orders and revenue
Fiscal year 2020 New orders Revenue Book-to-bill in billions of € in billions of € -7%* -2%* 64.7 € 60.0 € 58.5 € 57.1 € >1 FY 2019 FY 2020 FY 2019 FY 2020 * Comparable, i.e. adjusted for portfolio and currency effects
Slide 23: Fiscal year 2020: Adjusted EBITA margin and EPS
Fiscal year 2020 Adjusted EBITA margin Basic earnings per share Industrial Business -10 bps -22% 14.4% 14.3% 6.41 € 5.00 € FY 2019 FY 2020 FY 2019 FY 2020
Slide 24: Dividend per share and payout ratio
Dividend per share 3.30 € 3.50 € 3.60 € 3.70 € 3.80 € 3.90 € 3.50 € FY 14 FY 15 FY 16 FY 17 FY 18 FY 19 FY 20 Payout ratio 61% 50% 52% 49% 53% 38%
Slide 25: Annual forecasts met
Annual forecasts met FY FY FY FY FY FY FY FY FY FY FY FY 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Slide 26: Priorities
Priorities • The health and safety of employees • Business continuity Effective crisis management is global and local • Coordination is centralized • Implementation is decentralized
Slide 27: Share price development June 2020 to January 2021
Share price development from June 30, 2020, to January 25, 2021 All-time high +40% Siemens Energy Siemens Energy spin-off +49% +9% Siemens Extraordinary AGM, decision to spin off +35% Siemens Energy DAX +10%
Slide 28: Environmental, Social, Governance
Society Environmental, Social, Governance
Slide 29: Environmental
Environmental
Slide 30: CO2 emissions avoided thanks to Siemens and Siemens Energy
million tons of CO2 emissions avoided thanks to Siemens and Siemens Energy
Slide 31: Siemens CO2 neutral target
or sooner Siemens will be CO2 neutral reduction in CO2 emissions since FY 2014
Slide 32: Social
Social
Slide 33: Aid projects by Caring Hands
million euros provided for aid projects by Caring Hands
Slide 34: One-time COVID-19 bonus
One-time COVID-19 bonus of up to 1,000 € per employee
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Slide 36: Change vs. previous fiscal year
Change vs. previous fiscal year Net income 4.3 billion € -17% Dividend 3.50 € -10% Managing Board compensation 26.5 million € -20% R&D intensity* 8.1% +/- 0 Ppt Number of employees* 293,000 -1% * Continuing operations
Slide 37: Siemens ranking #1
2020 1 Siemens #1 #1 #1 #1 #1 22 No.1 competitor 27 No. 2 competitor 2016 2017 2018 2019 2020 72 No. 3 competitor
Slide 38: Governance
Governance
Slide 39: Siemens in the headlines 2006
Siemens in the headlines 2006 Siemens-Skandal alarmiert Bandenkriminalität US-Börsenaufsicht bei Siemens Siemens scandals 250 Fahnder durchsuchen claim scalp of chairman Siemens Objekte Weltkonzern mit Großrazzia bei Siemens tiefen Rissen Legal action planned against Siemens 200 Millionen Schwarzgel
Slide 40: Slide 40
Slide 41: | Pe ON
| Pe ON 7
Slide 42: Our path forward: Inclusive Capitalism
Our path forward Inclusive Capitalism
Slide 43: The transformation never ends
The never ends + Ultimate value creation Transformation Leading in all businesses and Anticipating markets shaping the transformation and trends
Slide 44: Siemens
SIEMENS
Slide 45: Annual Shareholders' Meeting 2021
Annual Shareholders‘ Meeting 2021 Joe Kaeser Report to shareholders