Siemens Aktiengesellschaft Provides Third Interim Update on Share Buyback Program, Purchasing 305,750 Shares in Week Ending 19 July 2026

§ 01 Executive Snapshot

• What: Siemens Aktiengesellschaft provided its third interim update on its share buyback program, indicating the purchase of 305,750 shares.
• Who: Siemens Aktiengesellschaft, a leading industrial technology company based in Germany.
• Why it matters: This program reflects Siemens' commitment to returning capital to shareholders while maintaining operational flexibility and compliance with regulatory standards.

§ 02 Key Developments

• Siemens repurchased 305,750 shares between 13 July 2026 and 19 July 2026 at weighted average prices ranging from 263.22 to 271.45 euros per share.
• Since the buyback program began on 1 July 2026, Siemens has acquired a total of 815,350 shares, averaging approximately 272,450 shares acquired weekly.
• All share repurchases are executed exclusively via Xetra, the electronic trading platform of the Frankfurt Stock Exchange, by a commissioned bank.

§ 03 Strategic Context

• The ongoing buyback program aligns with Siemens' strategy of returning capital to shareholders while managing operational investments and maintaining compliance with EU regulations.
• Siemens' diversified technology portfolio and strong cash flow generation support its ability to conduct share buybacks while investing in growth and innovation.

§ 04 Strategic Implications

• The steady pace of share repurchases indicates Siemens' confidence in long-term business prospects and enhances shareholder value through potential earnings per share increases.
• By implementing a systematic buyback strategy, Siemens minimizes market impact and regulatory scrutiny, signifying a disciplined approach to capital management.

§ 05 Risks & Constraints

• Potential risks include market volatility that could affect share prices during buyback execution, potentially leading to unfavorable purchase conditions.
• Regulatory compliance with EU securities laws and ongoing scrutiny from financial authorities could pose operational challenges in executing the buyback program.

§ 06 Watchlist / Forward Signals

• Investors should monitor future interim reports for updates on cumulative repurchase volumes, pricing trends, and any adjustments to the buyback program.
• Significant changes in market conditions or regulatory frameworks could influence Siemens' capital allocation strategies and share repurchase activities.