Siemens Energy Presentation

1 Siemens Energy Company Presentation November 2020. Siemens Energy is a registered trademark licensed by Siemens AG. Siemens Energy , 2020. Information and forward-looking statements This document contains statements related to our future business and financial Siemens Energy neither intends, nor assumes any obligation, to update or revise performance, and future events or developments involving Siemens Energy that these forward-looking statements in light of developments which differ from those may constitute forward-looking statements.

2 These statements may be identified anticipated. This document includes supplemental financial measures that are by words such as expect, look forward to, anticipate intend, plan, not clearly defined in the applicable financial reporting framework and that are believe, seek, estimate, will, project, or words of similar meaning. We or may be alternative performance measures (non-GAAP-measures). These may also make forward-looking statements in other reports, prospectuses, in supplemental financial measures should not be viewed in isolation or as presentations, in material delivered to shareholders, and in press releases.

3 In alternatives to measures of Siemens Energy s net assets and financial position addition, our representatives may from time to time make oral forward-looking or results of operations as presented in accordance with the applicable financial statements. Such statements are based on the current expectations and certain reporting framework in its consolidated financial statements. Other companies assumptions of Siemens Energy s management, of which many are beyond that report or describe similarly titled alternative performance measures may Siemens Energy s control.

4 These are subject to a number of risks, uncertainties, calculate them differently. Due to rounding, numbers presented throughout this and other factors, including, but not limited to, those described in disclosures, in and other documents may not add up precisely to the totals provided and particular in the chapter Report on expected developments and associated percentages may not precisely reflect the absolute figures. material opportunities and risks in the Annual Report and in the Half-Year Financial Report, which should be read in conjunction with the Annual Report.

5 Should one or more of these risks or uncertainties materialize, should acts of force majeure, such as pandemics, occur, or should underlying expectations including future events occur at a later date or not at all, or should assumptions prove incorrect, Siemens Energy s actual results, performance, or achievements may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forward-looking statement. Company Presentation 2. 2020-11-16 Siemens Energy , 2020. 1. Our purpose 2. Our set up 3.

6 Our businesses 4. Our strategy Company Presentation 3. 2020-11-16 Siemens Energy is a registered trademark licensed by Siemens AG. Siemens Energy , 2020. Demographic change Climate change are drastically changing our environment. Company Presentation 4. 2020-11-16 Siemens Energy , 2020. At the same time, we expect a . >50% increase in global electricity generation by 2040. And still . 770 million people are living without access to electricity Source: IEA WEO 2020 IEA report from October 2020 | Company Presentation 5. 2020-11-16 Siemens Energy , 2020.

7 How can we meet the growing demand for electricity while protecting our climate? This is where we come in. Company Presentation 6. 2020-11-16 Siemens Energy , 2020. We energize society by supporting our customers in transitioning to a more sustainable world, based on our innovative technologies and our ability to turn ideas into reality. Company Presentation 7. 2020-11-16 Siemens Energy , 2020. 1. Our purpose 2. Our set up 3. Our businesses 4. Our strategy Company Presentation 8. 2020-11-16 Siemens Energy is a registered trademark licensed by Siemens AG.

8 Siemens Energy , 2020. We are a world leader in Energy Present in ~1/6 >50%. >90 countries of global electricity generation based on our technology decarbonized portfolio 9. 2020-11-16. Siemens Energy is a registered Siemens trademark Energy islicensed a registered by Siemens trademark by Siemens AG. Siemens Energy , 2020. Our setup The leading pureplay Energy company Our offering Across the value chain Broad technology portfolio Products Generation From Solutions Transmission Conventional Services Storage to Renewables Siemens Energy AG.

9 Siemens Gamesa Gas and Power ( GP ). Renewable Energy ( SGRE ). Generation Industrial Transmission New 67% owned Applications Energy Onshore Offshore Central Distributed Company Presentation 10. 2020-11-16 Siemens Energy , 2020. Our setup Innovative products support customers in transitioning to a more sustainable world Industrial New Energy Generation Applications Transmission SGRE Business NET ZERO up to 60% SF6-FREE >260 Mt 100% H2. through hybrid H2 capable gas portfolio that is GHG savings Enabling hydrogen power plants turbine portfolio1 market-leading to customers economy 1 Up to 60 dry low emission H2 capability for SGT-600 Company Presentation 11.

10 2020-11-16 Siemens Energy , 2020. Our setup Solution competence helps to transform entire societies Egypt Iraq Bolivia Khormala Burullus New Capital 40 m Kirkuk 38 m 11 m people Al-Rashhed people Entre Rios people Beni Suef Al-Sadder De Warnes Mussaib Rumalla Del Sur >$1 bn annual cost savings 11 GW being added to national grid >1 GW added to local grid 3 power plants gas-fired, 13 substations and 35 power 23 SGT-800 gas turbines and combined cycle transformers 11 SST-400 steam turbines 6 gas-insulated substations 500 MW gas-fired power plant 25 transformers Local service and training center Local service and training center Company Presentation 12.