The appointment of Jochen Schmitz is a further step toward the public listing of Siemens Healthineers. Siemens' intention to implement the IPO in the first half of calendar year 2018 is unchanged. Consultants and banks (in particular, global coordinators and joint bookrunners) have now been commissioned with the preparations. Michael Sen: "We're driving the public listing of Healthineers systematically and with the utmost care. The roadmap is in place and we're making good progress. With the appointment of Jochen Schmitz, we're rounding out our extremely experienced management team, which will lead Healthineers into a strong future."

Jürgen Wagner, currently head of Financial Disclosure & Corporate Performance Controlling, will succeed Jochen Schmitz as head of Accounting, Reporting and Controlling for the Siemens Group, effective December 1, 2017. In this capacity, he will report to the CFO of Siemens AG, Ralf P. Thomas.

Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for 170 years. The company is active around the globe, focusing on the areas of electrification, automation and digitalization. One of the world's largest producers of energy-efficient, resource-saving technologies, Siemens is a leading supplier of efficient power generation and power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry. The company is also a leading provider of medical imaging equipment – such as computed tomography and magnetic resonance imaging systems – and a leader in laboratory diagnostics as well as clinical IT. In fiscal 2017, which ended on September 30, 2017, Siemens generated revenue of €83.0 billion and net income of €6.2 billion. At the end of September 2017, the company had around 372,000 employees worldwide. Further information is available on the Internet at www.siemens.com.