Siemens Aktiengesellschaft · XETR:SIE

Siemens Aktiengesellschaft — Siemens — Merger or Acquisition (September 2017)

12 slides from Siemens Aktiengesellschaft's merger presentation, Sep 27, 2017

  1. Slide 1: Creating a European champion in Mobility to better serve our customers worldwide

    Creating a European champion in Mobility to better serve our customers worldwide Analyst Call | Paris, September 27, 2017 Joe Kaeser, President and CEO Ralf P. Thomas, CFO Unrestricted © Siemens AG 2017 siemens.com

  2. Slide 2: Notes and forward looking statements

    Notes and forward looking statements This document contains statements related to our future business and financial performance and future events or developments involving Siemens that may constitute forward-looking statements. These statements may be identified by words such as “expect,” “look forw

  3. Slide 3: Our customers need an innovative and sustainable option to a dominant player

    Our customers need an innovative and sustainable option to a dominant player in the industry Revenue of rail activities (€bn) Ongoing industry consolidation over last years… Last available financial year Year1 Acquirer Target 30.5 2016 Wabtec Faiveley 2015 Stadler Vossloh Lokomotiven 2015 Hitachi An

  4. Slide 4: Create a leading Mobility company with more than €60bn order backlog

    Create a leading Mobility company with more than €60bn order backlog, €15bn revenue, and more than 60,000 experts Combined pro forma Siemens FYE 30.09.2016 Alstom FYE 31.03.2017 (Excl. synergies & implementation costs) Order backlog €26.4bn €34.8bn €61.2bn Orders €8.0bn €10.0n €18.0bn Revenue €8.0bn

  5. Slide 5: Global market presence will drive growth and localization in emerging markets

    Global market presence will drive growth and localization in emerging markets – European footprint to be consolidated over time Overview of employees by region1 Europe Alstom Siemens ∑ 20,700 22,700 43,400 Americas Asia Pacific Alstom Siemens ∑ Alstom Siemens ∑ 5,200 2,500 7,700 4,000 3,500 7,500 Mi

  6. Slide 6: Executing along Vision 2020 imperatives

    Executing along Vision 2020 imperatives Unlocking significant synergy potential in Mobility • Solid growth in mobility market with ~3-4% p.a. driven by urbanization, sustainable Areas of growth? development, economic & population growth, E-A-D • Increased scale will make combined company stronger an

  7. Slide 7: Merger of equals with listing in France and HQ in Paris

    Merger of equals with listing in France and HQ in Paris Siemens controls the combined business Pre deal Key deal terms Bouygues/ Float / other Siemens APE investors • Merger of Siemens Mobility division plus Rail Traction Drives (currently in PD) with Alstom 100% 28% 72% • Siemens’ stake will be 50%

  8. Slide 8: Unlocking substantial synergy potential

    Ensuring long-term competiveness by unlocking substantial synergy potential – 50% reached by year 2 post closing Key measures • Consolidation of supplier base and procurement activities as well as making use of best-of-best contract terms • Economies of scale in functional and operational areas • Op

  9. Slide 9: Merger goals are sustainable and attractive in the long term

    Merger goals are sustainable and attractive in the long term Financial impact for Siemens Pro-forma combined revenue (in €bn) • Deal cash-neutral for Siemens with contribution of Siemens Mobility division plus Alstom Rail Traction Drives business in exchange for shares in Alstom CAGR > 4% Siemens •

  10. Slide 10: Next steps

    Next steps Signing of Memorandum of Understanding (including agreed form of Business Combination Agreement) Alstom employee consultation process Signing Business Combination Agreement Q1 CY18 Alstom Shareholder Meeting Q2 CY18 Siemens Mobility Carve Out Until Q2/Q3 CY18 Expected Closing End CY18 Clo

  11. Slide 11: Q&A – your questions, please

    Questions and Answers Q&A – your questions, please Unrestricted © Siemens AG 2017 Page 11 Paris, September 27, 2017 Analyst Call

  12. Slide 12: Siemens Contacts Investor Relations

    Siemens Contacts Investor Relations Investor Relations Internet: www.siemens.com/investorrelations Email: investorrelations@siemens.com IR-Hotline: +49 89 636-32474 Unrestricted © Siemens AG 2017 Page 12 Paris, September 27, 2017 Analyst Call

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