The currently applicable provisions on the Supervisory Board’s compensation are set out in Section 17 of the Articles of Association of Siemens AG. They apply as from October 1, 2021 and date back to a resolution adopted by the Annual Shareholders’ Meeting on February 3, 2021.
The system of Supervisory Board compensation and proposed amendment to Section 17 of the Articles of Association presented to the Annual Shareholders’ Meeting were adopted by a majority of 97.49% of the valid votes cast.
The adopted compensation system can be found in Agenda Item 7 a) and the adopted amendment to Section 17 of the Articles of Association in Agenda Item 7 b) in the Notice of Annual Shareholders’ Meeting 2021. The voting results at the Annual Shareholders’ Meeting 2021 can be found here.