Shareholder Structure

⁽¹⁾This figure includes a 5.02% stake in Siemens’ capital stock held by BlackRock Holdco 2, Inc., Wilmington, U.S., a 5.01% stake in Siemens’ capital stock held by BlackRock, Inc., New York, U.S., and a 3.04% stake in Siemens’ capital stock held by the State of Qatar, Doha, Qatar (represented by the DIC Company Limited, George Town, Grand Cayman), as reported to us by these organizations.

⁽²⁾ This figure includes a 1.30% stake in Siemens capital stock for which the von Siemens-Vermögensverwaltung GmbH exercises voting rights under powers of attorney and a 3.03% stake held by the Werner von Siemens Stiftung, Zug, Switzerland, as reported to us by the Stiftung.

Regional structure

Siemens AG has issued 881.000.000 registered shares (as of September 30, 2012). Around 740,000 shareholders are listed in the Shareholder Register. According to the guidelines of the Deutsche Boerse stock indices, the family holdings of Siemens' founder, Werner von Siemens, are currently defined as a "non-free float". Furthermore, holdings of the company (Treasury Shares) are considered as non-free float. The non-free float holding is not accounted for in the company's weighting in the DAX (German stock index), as only the freely tradable shares of the authorized capital are taken into account. This so-called "free float" currently amounts to approximately 90% of Siemens AG's shares.

An analysis of our shareholder structure conducted in August 2012 showed that shareholders in Germany hold about 30% of all outstanding shares. Shareholders in the U.S. hold roughly 16% and shareholders in the UK around 9%. In addition the analysis showed that some 59% of the outstanding shares are held by institutional investors and 20% by private investors.