Siemens Aktiengesellschaft announced that Mr. Gaul, Ms. Sabanci, Mr. Mestrallet and Ms. Wankel and Mr. Bolduan, will be leaving the supervisory board at the end of Annual Shareholder Meeting held on January 31, 2018. Michael Gaul was Chairman of the audit Committee for 10 years. The proposals for the members to represent the shareholders are based on recommendation from the nomination committee. The supervisory board has decided that 4 new supervisory board members will be proposed as shareholder representatives. The members are Dr. Werner Brandt, Benoît Potier, Matthias Zachert and Minouche Shafik.