Siemens Energy : CEO (251120 CMD-2025 CEO FINAL)

Capital Market Day 2025

Christian Bruch

President and CEO

November 2025

Siemens Energy is a trademark licensed by Siemens AG.

Safety focus

Improved safety performance

~30%

Reduction in total injury rate (TRIR)1

~40%

Reduction in high consequence injuries2

Zero Harm framework

Zero

Striving towards zero fatalities and zero high consequence injuries

Continuous improvement

<1.0

Ambition to reduce TRIR year-over-year and achieve a rate below 1.0 to become industry top performer

1. Between FY23 and FY25. Total Recordable Injury Rate (TRIR) per 1 million work hours

2. Between FY22 and FY25

© Siemens Energy, 2025 | Christian Bruch | CEO 3

November 2025 Siemens Energy is a trademark licensed by Siemens AG.

We delivered FY25 above our commitments

Profit margin before SI 6.0% 500 bps	Revenues €39.1 bn 15.2%1	Order backlog €138 bn 12.3%2	Backlog margin increase +220 bps
Net Promoter Score	Credit rating outlook3	Gas turbines4 sold 194 units 94%	Transformers
62 8	From negative to positive		capacity increase +15%

Note: All developments indicated are vs. FY24 | 1 Comparable revenue growth in FY25: Excluding currency translation and portfolio effects | 2 Nominal growth | 3 S&P long-term credit rating & outlook | 4 Gas turbines >10 MW

As a global leader in energy technology, we energize society

We benefit from electricity growth and electrification.

We act in areas where we can achieve a #1 or #2 market position.

We target financial performance in top

quartile of industrials in each business.

Guided by our North Star

We implement effective corporate structures and aim to reduce our overhead cost intensity continuously.

We focus on customers to maintain top NPS levels.

We operate in a growing market

~2x

global electricity demand grew twice as fast as total energy demand in 2025

~€1.3 tn

world investment in power generation and grids in 2025

~45%

increase in global electricity demand by 2035

Source: Siemens Energy analysis based on IEA World Energy Outlook 2025, IEA World Energy Investment 2025, DNV Energy Transition Outlook 2025

Investment programs align with our portfolio

Energy security

>50%

increase in annual gas capacity additions until 20351

Grid build-out

~2x

global transmission networks by 2035

Infrastructure replacement

~80%

of installed transformer capacity in advanced economies reaching age limits by 2035

Renewables ramp-up

~70%

share of renewables in global installed capacity by 2035

Source: Siemens Energy internal market assessment, IEA "Building the Future Transmission Grid" February 2025, IEA World Energy Outlook 2025, DNV Energy Transition Outlook 2025 | 1 Increase in annual average gross additions for 2026 - 2035 vs. 2022 - 2024 levels, including steam turbine capacity of combined cycle configuration

In a turbulent world, we elevate performance and upgrade our targets

FY25

FY26

FY28

15.2%	11 - 13%	Low-teens
6.0%	9 - 11%	14 - 16%
€4.7 bn	€4 - 5 bn

Revenue growth1 Profit margin before SI Free Cash Flow pre-tax 1 Comparable revenue growth (excluding currency translation and portfolio effects); FY28 Compound annual revenue growth rate (FY25-based)

© Siemens Energy, 2025 | Christian Bruch | CEO 9

Siemens Energy is a trademark licensed by Siemens AG.

Build the transforming

energy world

• Develop production infrastructure for fast-growing business

• Evolve business portfolio

• Build the talent pool to deliver

  Enhance resilience in

  a transforming world

• Build robust supply chains

• Optimize financial resilience

• Respond swiftly to external threats

  Transform the

  way we operate

• Continuously optimize our operating model

• Leverage data and digitalization

• Keep focus on sustainability

November 2025 Siemens Energy is a trademark licensed by Siemens AG. © Siemens Energy, 2025 | Christian Bruch | CEO 10