In connection with the annual general meeting (AGM) of Siemens AG (ISIN DE0007236101) the following schedule applies for processing in CASCADE-RS:

In the interests of the shareholders of the company, compliance is required with the statutory obligation of banks to re-register/register the positions in the name of the shareholders pursuant to §67, 4 (1) Stock Corporation Act (AktG).

If the registration does not take place, there will be discrepancies in the share register. Therefore, re-registrations must be entered as soon as possible after a purchase transaction has been settled. In addition to registrations in the names of shareholders, it is also possible to register shares in the name of a depository bank acting as nominee.

Information on instructions in CASCADE-RS

For the participation of shareholders in the AGM and the associated exercise of voting rights, the shareholding shown in the share register of the company on the last re-registration date/technical record date is decisive. Instructions to re-register the share register that the company receives after the end of the registration closing day in the period from 25 January 2018 to 31 January 2018 inclusive will only be completed and taken into account after the AGM on 31 January 2018. The relevant technical record date is therefore 24 January 2018.

Re-registrations for shareholders who would like to participate in or be represented at the AGM, may be entered in CASCADE-RS no later than on the last re-registration date/technical record date (status "K" - checked).

• Transfer times for instructions that are planned for processing in the 3rd allocation run:
  
  Until 16:30    data upload via the Investors Portal
  Until 16:45    SWIFT, File Transfer
  Until 17:00    online via CASCADE-RS in status "K"
• Transfer times for instructions that are planned for processing in the 4th allocation run:
  
  Until 18:20    data upload via the Investors Portal
  Until 18:45    SWIFT, File Transfer
  Until 19:00    online via CASCADE-RS in status "K"

Considering the processing timeframe at the register companies on the last re-registration date/technical record date, we recommend that the number of the instructions, transferred in the 4th allocation run, is as small as possible.

4th allocation run

Allocation runs for the shares of Siemens AG are conducted on business days at 10:30, 13:30, 17:00 and until further notice also at 21:00.

The information and instructions in the CBF Announcement RS13176 of 13 December 2013 apply.

Delivery remains unaffected

Clearstream Banking¹ will not block holdings at any time.
After confirmation of the re-registration by the share register, securities of the registered holdings are managed in CASCADE-RS in registered positions. The entering and processing of instructions for position transfers both from the allocated positions following successful allocation processing as well as from registered positions into the deliverable unregistered positions in order to fulfill delivery obligations is possible, without restrictions and at any time during the planned processing cycles if there are sufficient holdings. Schedules to be observed when instructing position transfers before the AGM are described in the above table.

Contact data of registrar

The share register is managed by ADEUS Aktienregister-Service-GmbH.

Persons responsible there can be contacted via the following options:

Email:                       hv@adeus.de
Telephone:             +49 (0)69 / 256270-57

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1. This Announcement is published by Clearstream Banking AG (CBF), registered office at Mergenthalerallee 61, 65760 Eschborn, Germany, registered with the Commercial Register of the District Court in Frankfurt am Main, Germany, under number HRB 7500.