Shareholder Structure

⁽¹⁾This figure includes 5.01% shareholding of which we have been notified by the Black Rock, Inc., New York, USA.

⁽²⁾ This figure includes 1.25% over which the von Siemens-Vermögensverwaltung GmbH has voting control under powers of attorney and a 3.03% shareholding of which we have been notified by the Werner Siemens-Stiftung in Zug, Switzerland.

Regional structure

Siemens AG has issued 914.203.421 registered shares (as of September 30, 2011). Around 739,000 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 2011 showed that shareholders in Germany hold about 30% of all outstanding shares. Shareholders in the U.S. hold roughly 18% and shareholders in the UK around 11%. In addition the analysis showed that some 63% of the outstanding shares are held by institutional investors and 20% by private investors.