<HTML>
<HEAD>
<TITLE>sv8</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<H5 align="left" style="page-break-before:always"><A HREF="#tocpage">Table of Contents</A></H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="right" style="font-size: 10pt; margin-top: 18pt"><B>Registration Nos. 333-&#091;<B>&#149;</B>&#093;</B>
</DIV>

<DIV align="center" style="font-size: 6pt">&nbsp;</div>
<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>






<DIV align="center" style="font-size: 14pt; margin-top: 12pt"><B>SECURITIES AND EXCHANGE COMMISSION</B>
</DIV>

<DIV align="center" style="font-size: 12pt"><B>Washington, D.C. 20549</B>
</DIV>

<DIV align="center" style="font-size: 18pt; margin-top: 12pt"><B><DIV align="center">
<DIV style="font-size: 3pt; margin-top: 16pt; width: 20%; border-top: 1px solid #000000">&nbsp;</DIV></DIV></B>
</DIV>

<DIV align="center" style="font-size: 18pt; margin-top: 12pt"><B>FORM S-8</B>
</DIV>


<DIV align="center" style="font-size: 12pt; margin-top: 12pt"><B>REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933</B>
</DIV>


<DIV align="center" style="font-size: 12pt; margin-top: 12pt">
<B><DIV align="center"><DIV style="font-size: 3pt; margin-top: 16pt; width: 20%; border-top: 1px solid #000000">&nbsp;</DIV></DIV></B>
</DIV>

<DIV align="center" style="font-size: 24pt; margin-top: 12pt"><B>Siemens Aktiengesellschaft</B>
</DIV>

<DIV align="center" style="font-size: 10pt">(Exact name of registrant as specified in its charter)</DIV>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="48%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="48%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" valign="top"><B>Federal Republic of Germany</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>Not Applicable</B></TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">(State or other jurisdiction of incorporation or organization)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(IRS Employer Identification Number)</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>Wittelsbacherplatz 2<BR>
80333 Munich<BR>
Germany<BR>
Tel.: &#043;49 (89)&nbsp;636 00</B><BR>
(Address and principal executive offices; Zip Code)</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><DIV align="center">
<DIV style="font-size: 3pt; margin-top: 16pt; width: 20%; border-top: 1px solid #000000">&nbsp;</DIV></DIV></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>Siemens Savings Plan<BR>
Siemens Savings Plan for Union Employees</B><BR>
(Full Title of the plans)</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><DIV align="center">
<DIV style="font-size: 3pt; margin-top: 16pt; width: 20%; border-top: 1px solid #000000">&nbsp;</DIV></DIV></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>Siemens Corporation<BR>
601 Lexington Avenue<BR>
New York, NY 10022<BR>
(212)&nbsp;258 4000</B><BR>
(Name, address and telephone number of agent for service)</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a
non-accelerated filer, or a smaller reporting company. See the definitions of &#147;large accelerated
filer,&#148; &#147;accelerated filer&#148; and &#147;smaller reporting company&#148; in Rule&nbsp;12b-2 of the Exchange Act.
</DIV>


<DIV align="center">
<TABLE cellspacing="0" border="0" cellpadding="0" width="100%" style="font-size: 10pt">
<TR style="font-size: 6pt">
    <TD width="10%"></TD>
    <TD width="3%"></TD>
    <TD width="10%"></TD>
    <TD width="3%"></TD>
    <TD width="10%"></TD>
    <TD width="3%"></TD>
    <TD width="10%"></TD>
</TR>
<TR valign="top">
    <TD nowrap align="center" valign="top">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Large accelerated filer
<FONT face="Wingdings">&#254;</FONT>&nbsp;</TD>

    <TD>&nbsp;</TD>
    <TD nowrap align="center" valign="top">Accelerated filer
<FONT face="Wingdings">&#111;</FONT>&nbsp;</TD>
    <TD align="center">&nbsp;</TD>
    <TD nowrap align="center">Non-accelerated filer &nbsp; <FONT face="Wingdings">&#111;</FONT><BR>
(Do not check if a smaller reporting company)</TD>
    <TD align="center">&nbsp;</TD>
    <TD nowrap align="center" valign="top">Smaller reporting company <FONT face="Wingdings">&#111;</FONT>&nbsp;</TD>

</TR>
</TABLE>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>CALCULATION OF REGISTRATION FEE</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="1%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD><!-- VRule -->
    <TD width="1%">&nbsp;</TD>
    <TD width="40%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD><!-- VRule -->
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD><!-- VRule -->
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD><!-- VRule -->
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="10%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD><!-- VRule -->
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="10%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>

    <TD width="1%">&nbsp;</TD>
</TR><TR style="font-size: 1px" valign="bottom">
    <TD nowrap align="left" colspan="24" style="border-bottom: 3px double #000000">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">    <TD width="1%">&nbsp;</TD>

    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center"><B>Amount to </B></TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 0px solid #000000"><B>Proposed <BR>Maximum</B></TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 0px solid #000000"><B>Proposed Maximum</B></TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">    <TD width="1%">&nbsp;</TD>

    <TD nowrap align="center"><B>Name</B></TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 0px solid #000000"><B>Title of Securities</B></TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 0px solid #000000"><b>be</b></TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Offering Price </B></TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Aggregate Offering</B></TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 0px solid #000000"><B>Amount of Registration </B></TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">    <TD width="1%">&nbsp;</TD>

    <TD nowrap align="center" style="border-bottom: 0px solid #000000"><B>of Plan</B></TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 0px solid #000000"><B>to be Registered</B><B>(1)</B></TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 0px solid #000000"><B>Registered</B><B>(2)(3)</B></TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>per Share</B><B>(4)</B></TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Price</B><B>(4)</B></TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 0px solid #000000"><B>Fee</B><B>(4)</B></TD>
    <TD width="1%">&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD width="1%" style="border-top: 1px solid #000000">&nbsp;</TD>
                      <TD align="center" valign="top" style="border-top: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">
Siemens Savings Plan
</DIV></TD>
    <TD style="border-right: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD align="center" valign="bottom" style="border-top: 1px solid #000000">Ordinary Shares of Siemens
Aktiengesellschaft, no par
value
</TD>
    <TD style="border-right: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD align="center" valign="bottom" style="border-top: 1px solid #000000">18,673,790<BR>
Shares
</TD>
    <TD style="border-right: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD align="center" valign="bottom" style="border-top: 1px solid #000000">$100.89</TD>
    <TD nowrap valign="bottom" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-right: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD align="center" valign="bottom" style="border-top: 1px solid #000000">$1,883,998,673</TD>
    <TD nowrap valign="bottom" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-right: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD align="center" valign="bottom" style="border-top: 1px solid #000000">$105,127</TD>
    <TD nowrap valign="bottom" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD width="1%" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD width="1%" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD valign="top" align="center" style="border-top: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">
Siemens Savings
Plan for Union
Employees
</DIV></TD>
    <TD style="border-right: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD align="center" valign="bottom" style="border-top: 1px solid #000000">Ordinary Shares of Siemens
Aktiengesellschaft, no par
value
</TD>
    <TD style="border-right: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD align="center" valign="bottom" style="border-top: 1px solid #000000">851,700<BR>
Shares
</TD>
    <TD style="border-right: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD align="center" valign="bottom" style="border-top: 1px solid #000000">$100.89</TD>
    <TD nowrap valign="bottom" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-right: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD align="center" valign="bottom" style="border-top: 1px solid #000000">$85,928,013</TD>
    <TD nowrap valign="bottom" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-right: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD align="center" valign="bottom" style="border-top: 1px solid #000000">$4,795</TD>
    <TD nowrap valign="bottom" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD width="1%" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR style="font-size: 1px" valign="bottom">
    <TD nowrap align="left" colspan="24" style="border-top: 3px double #000000">&nbsp;</TD>
</TR>

<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 6pt; margin-top: 3pt">&nbsp;</div>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD width="96"></TD>
</TR>

<TR valign="top">
    <TD nowrap align="left">(1)</TD>
    <TD>&nbsp;</TD>
    <TD>American Depositary Shares (&#147;ADSs&#148;) evidenced by American Depositary Receipts (&#147;ADRs&#148;)
issuable upon deposit of the Ordinary Shares have been registered under a separate
registration statement on Form F-6. Each ADS is issued in respect of one (1)&nbsp;Share.</TD>
</TR>

<TR style="font-size: 3pt"><TD>&nbsp;</TD></TR>

<TR valign="top">
    <TD nowrap align="left">(2)</TD>
    <TD>&nbsp;</TD>
    <TD>The number of Ordinary Shares being registered also includes an indeterminate number of
Ordinary Shares that may be issuable as a result of stock splits, stock dividends or similar
anti-dilution adjustments of the outstanding Ordinary Shares in accordance with Rule&nbsp;416 of
the Securities Act of 1933, as amended (the &#147;Securities Act&#148;).</TD>
</TR>

<TR style="font-size: 3pt"><TD>&nbsp;</TD></TR>

<TR valign="top">
    <TD nowrap align="left">(3)</TD>
    <TD>&nbsp;</TD>
    <TD>In addition, pursuant to Rule 416(c) of the Securities Act, as amended, this Registration
Statement also covers an indeterminate amount of interests to be offered or sold pursuant to
the Siemens Savings Plan and the Siemens Savings Plan for Union Employees (together, the
&#147;Savings Plans&#148;) described herein.</TD>
</TR>

<TR style="font-size: 3pt"><TD>&nbsp;</TD></TR>

<TR valign="top">
    <TD nowrap align="left">(4)</TD>
    <TD>&nbsp;</TD>
    <TD>Estimated in accordance with Rule&nbsp;457(h)(1) and Rule 457(c) under the Securities Act solely
for the purpose of computing the registration fee with respect to Ordinary Shares to be
purchased under the Savings Plans, based on the average high and low price per Ordinary Share
on the Frankfurt Stock Exchange as reported by Xetra on December&nbsp;1, 2009 translated into U.S.
dollars at an exchange rate of <FONT face="'Times New Roman',times,serif">&#128;</FONT>1 to $1.5074, the euro foreign exchange reference rate as
published by the European Central Bank on December&nbsp;1, 2009.</TD>
</TR>

</TABLE>



<DIV style="width: 100%; border-bottom: 1pt solid black; margin-top: 10pt; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>





<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">





<DIV align="left">
<!-- TOC -->
</DIV>
<DIV align="left">
<A name="tocpage"></A>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B><U>TABLE OF CONTENTS</U></B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="90%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><A href="#101">PART I</A></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><A href="#102">PART II</A></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px"><A href="#103">Item&nbsp;3. Incorporation of Documents by Reference</A></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px"><A href="#104">Item&nbsp;4. Description of Securities</A></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px"><A href="#105">Item&nbsp;5. Interests of Named Experts and Counsel</A></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px"><A href="#106">Item&nbsp;6. Indemnification of Directors and Officers</A></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px"><A href="#107">Item&nbsp;7. Exemption from Registration Claimed</A></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">6</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px"><A href="#108">Item&nbsp;8. Exhibits</A></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">6</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px"><A href="#109">Item&nbsp;9. Undertakings</A></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">6</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><A href="#110">SIGNATURES</A></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">8</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><A href="#111">INDEX TO EXHIBITS</A></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">11</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
<TR><TD colspan="9"><FONT size="2">&nbsp;<A HREF="f03209exv4w2.htm">EX-4.2</A></FONT></TD></TR>
<TR><TD colspan="9"><FONT size="2">&nbsp;<A HREF="f03209exv4w3.htm">EX-4.3</A></FONT></TD></TR>
<TR><TD colspan="9"><FONT size="2">&nbsp;<A HREF="f03209exv5w1.htm">EX-5.1</A></FONT></TD></TR>
<TR><TD colspan="9"><FONT size="2">&nbsp;<A HREF="f03209exv23w1.htm">EX-23.1</A></FONT></TD></TR>
<TR><TD colspan="9"><FONT size="2">&nbsp;<A HREF="f03209exv23w2.htm">EX-23.2</A></FONT></TD></TR>
<TR><TD colspan="9"><FONT size="2">&nbsp;<A HREF="f03209exv23w3.htm">EX-23.3</A></FONT></TD></TR>
<TR><TD colspan="9"><FONT size="2">&nbsp;<A HREF="f03209exv23w4.htm">EX-23.4</A></FONT></TD></TR>
</TABLE>
</DIV>

<DIV align="left">
<!-- /TOC -->
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#tocpage">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left">
<A name="101"></A>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>PART I</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS</B>

</DIV>

<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><U>EXPLANATORY NOTE</U>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As permitted by Rule&nbsp;428 under the Securities Act, this Registration Statement omits the
information specified in Part&nbsp;I of Form S-8. Siemens Aktiengesellschaft (the &#147;Registrant&#148;, &#147;we&#148; or
&#147;us&#148;) will deliver the documents containing the information specified in Part&nbsp;I to the participants
in the Savings Plans covered by this Registration Statement as required by Rule&nbsp;428(b). We are not
filing these documents with the Securities and Exchange Commission (the &#147;Commission&#148;) as part of
this Registration Statement or as prospectuses or prospectus supplements pursuant to Rule&nbsp;424 of
the Securities Act.
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->-3-<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#tocpage">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left">
<A name="102"></A>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>PART II</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</B>

</DIV>
<DIV align="left">
<A name="103"></A>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;3. Incorporation of Documents by Reference</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We incorporate by reference into this Registration Statement the following documents, to the
extent not superseded by documents or reports subsequently filed or furnished:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;Our Annual Report on Form 20-F for the fiscal year ended September&nbsp;30, 2009 filed with the
Commission on December&nbsp;4, 2009 (the &#147;2009 Form 20-F&#148;) pursuant to the Securities Exchange Act of
1934, as amended (the &#147;Exchange Act&#148;).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ernst &#038; Young GmbH Wirtschaftspr&#252;fungsgesellschaft (&#147;E&#038;Y&#148;), an independent registered public
accounting firm, has audited the Registrant&#146;s consolidated financial statements as of September&nbsp;30,
2009 and for the year then ended included in the Registrant&#146;s 2009 Form 20-F and the effectiveness
of the Registrant&#146;s internal control over financial reporting as of September&nbsp;30, 2009, as set
forth in their reports thereon included in the 2009 Form 20-F, which are incorporated by reference
in this Registration Statement. Such consolidated financial statements are incorporated herein by
reference in reliance upon such reports given on the authority of E&#038;Y as experts in accounting and
auditing.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KPMG AG Wirtschaftspr&#252;fungsgesellschaft (&#147;KPMG&#148;), a registered public accounting firm which
was independent as of the date of their audit report dated November&nbsp;21, 2008, has audited the
Registrant&#146;s consolidated financial statements as of September&nbsp;30, 2008 and for each of the years
in the two-year period then ended included in the Registrant&#146;s 2009 Form 20-F as set forth in their
report thereon included in the 2009 Form 20-F, which is incorporated by reference in this
Registration Statement. Such consolidated financial statements as of September&nbsp;30, 2008 and for
each of the years in the two-year period then ended audited by KPMG are incorporated herein by
reference in reliance on such report given on the authority of KPMG as experts in accounting and
auditing.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;Siemens Savings Plan&#146;s Annual Report on Form 11-K for the fiscal year ended December&nbsp;31,
2008, filed with the Commission on June&nbsp;29, 2009 pursuant to the Exchange Act.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;Siemens Savings Plan for Union Employees&#146; Annual Report on Form 11-K for the fiscal year
ended December&nbsp;31, 2008, filed with the Commission on June&nbsp;29, 2009 pursuant to the Exchange Act.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;J.H. Cohn LLP has audited the individual statements of net assets available for benefits of
the Siemens Savings Plan and Siemens Savings Plan for Union Employees as of December&nbsp;31, 2008, the
related individual statements of changes in net assets available for benefits for the year ended
December&nbsp;31, 2008 and the related individual supplemental Schedules H, Line 4i &#151; schedule of
assets (held at end of year) (the &#147;Plan Financial Statements&#148;) as of December&nbsp;31, 2008 as set forth
in their report thereon included in the above referenced Forms 11-K, which are incorporated by
reference in this Registration Statement. Such Plan Financial Statements are incorporated herein by
reference in reliance on such report given on the authority of J.H. Cohn LLP as experts in
accounting and auditing.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KPMG LLP has audited the individual statements of net assets available for benefits of the
Siemens Savings Plan and Siemens Savings Plan for Union Employees as of December&nbsp;31, 2007. Such
individual financial statements referred to above are incorporated herein by reference in reliance
on such report given on the authority of KPMG LLP as experts in accounting and auditing.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;The description of the Ordinary Shares contained under the heading &#147;<I>Item&nbsp;10: Additional
Information &#151;Capital Stock</I>&#148; in our Registration Statement on Form 20-F/A, filed with the
Commission on March&nbsp;14, 2001, and in &#147;<I>Item&nbsp;10: Additional Information &#151; Rights, Preferences and
Restrictions Attaching To Our Shares</I>&#148; in the 2009 Form 20-F.
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->-4-<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#tocpage">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)&nbsp;All other reports filed by us pursuant to Section 13(a) or 15(d) of the Exchange Act since
the fiscal year ended September&nbsp;30, 2009 or by the Savings Plans since the fiscal year ended
December&nbsp;31, 2008.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All documents subsequently filed by us (with respect to any Form 6-K, only to the extent
designated therein) and the Savings Plans pursuant to Sections&nbsp;13(a), 13(c), 14 and 15(d) of the
Exchange Act, prior to the filing of a post-effective amendment to this Registration Statement that
indicates that all securities offered hereby have been sold or that deregisters all securities
remaining unsold, shall be deemed to be incorporated by reference in this Registration Statement
and to be part hereof from the date of filing of such documents.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our audited consolidated financial statements to be included in subsequently filed documents
will be incorporated herein in reliance upon the reports of E&#038;Y pertaining to such financial
statements and the effectiveness of internal control over financial reporting (to the extent
covered by consents filed with the Commission) and the report of KPMG pertaining to such financial
statements (to the extent covered by consents filed with the Commission) given on the authority of
each such firm as experts in accounting and auditing.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Plan Financial Statements to be included in subsequently filed documents will be
incorporated herein in reliance upon the reports of J.H. Cohn LLP pertaining to such Plan Financial
Statements (to the extent covered by consents filed with the Commission) given on the authority of
such firm as experts in accounting and auditing.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any statement contained in a document incorporated or deemed to be incorporated by reference
herein shall be deemed to be modified or superseded for purposes of this Registration Statement to
the extent that a statement contained herein or in any other subsequently filed document that also
is deemed to be incorporated by reference herein modifies or supersedes such statement. Any such
statement so modified or superseded shall not be deemed, except as so modified or superseded, to
constitute a part of this Registration Statement.
</DIV>
<DIV align="left">
<A name="104"></A>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;4. Description of Securities</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.
</DIV>
<DIV align="left">
<A name="105"></A>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;5. Interests of Named Experts and Counsel</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The validity of the Ordinary Shares to be issued under the Savings Plans will be passed upon
for us by Solms U. Wittig, General Counsel Corporate and Finance. Mr.&nbsp;Wittig is a full time
employee of the Registrant. Mr.&nbsp;Wittig currently beneficially owns less than 0.001% of our
outstanding Ordinary Shares.
</DIV>
<DIV align="left">
<A name="106"></A>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;6. Indemnification of Directors and Officers</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Under German law, a stock corporation may indemnify its officers, and, under certain
circumstances, German labor law requires a stock corporation to do so. However, such a corporation
may not, as a general matter, indemnify members of the Managing Board or the Supervisory Board. A
German stock corporation may, however, purchase directors&#146; and officers&#146; insurance. The insurance
may be subject to any mandatory restrictions imposed by German law. In addition, German law may
permit such a corporation to indemnify a member of the Managing Board or the Supervisory Board for
attorneys&#146; fees incurred if such member is the successful party in a suit in a country, such as the
United States, where prevailing parties are required to bear their own litigation costs, if German
law would have required the losing party to pay the member&#146;s attorneys&#146; fees had the suit been
brought in Germany.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Registrant provides a group insurance policy for board and committee members and employees
of the Siemens organization which is taken out for one year and renewed annually. The insurance
covers the personal liability of the insured in the case of a financial loss associated with
employment functions. In such a case, the Registrant may, with effect from October&nbsp;1, 2005, hold
members of the Managing Board liable for such loss up to an amount equivalent to 20&nbsp;percent of the
respective Managing Board member&#146;s annual fixed salary. In the same way, each member of the
Supervisory Board has individually agreed to be held liable up to an amount equivalent to 20
percent of the fixed compensation component. The insurance policy for the 2010 fiscal year includes
a deductible for members of the Managing and Supervisory Boards subject to the requirements of the
German Stock Corporation Act (AktG) and the German Corporate Governance Code.
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->-5-<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#tocpage">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left">
<A name="107"></A>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;7. Exemption from Registration Claimed</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.
</DIV>
<DIV align="left">
<A name="108"></A>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;8. Exhibits</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="8%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="90%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 1px solid #000000">Exhibit No.</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" style="border-bottom: 1px solid #000000">Description of Document</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.2
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Siemens Savings Plan</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.3
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Siemens Savings Plan for Union Employees</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.4
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">English translation of Articles of Association of Siemens Aktiengesellschaft updated as of
March&nbsp;24, 2009 (incorporated by reference from Exhibit&nbsp;1.1 to Siemens Aktiengesellschaft&#146;s
Form&nbsp;20-F for the fiscal year ended September&nbsp;30, 2009)</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.5
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Deposit Agreement dated as of March&nbsp;1, 2001 (as amended from time to time) among the Siemens
Aktiengesellschaft, the JPMorgan Chase Bank, N.A. and all Holders and Beneficial Owners from
time to time of American Depositary Receipts issued thereunder (incorporated by reference from
the Exhibit to Registration Statement No.&nbsp;333-13208) (the &#147;Deposit Agreement&#148;)</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.6
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Amendment No.&nbsp;1 to Deposit Agreement (incorporated by reference from Exhibit (a)(2) to
Post-Effective Amendment to Registration Statement No.&nbsp;333-123425)</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">5.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Opinion of Solms U. Wittig, General Counsel Corporate and Finance of Siemens
Aktiengesellschaft</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of Ernst &#038; Young GmbH Wirtschaftspr&#252;fungsgesellschaft, independent registered public
accounting firm</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.2
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of KPMG AG Wirtschaftspr&#252;fungsgesellschaft, registered public accounting firm that
was independent as of the date of their audit report dated November&nbsp;21, 2008</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.3
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of J.H. Cohn LLP, independent registered public accounting firm</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.4
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of KPMG LLP, registered public accounting firm that was independent as of the date of
their audit report dated June&nbsp;20, 2008</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.5
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of Solms U. Wittig, General Counsel Corporate and Finance of Siemens
Aktiengesellschaft (included in Exhibit&nbsp;5.1)</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">24
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Power of Attorney (included in signature pages)</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Pursuant to Item 8(b) of Part&nbsp;II of Form S-8, the undersigned Registrant hereby undertakes that it
has, both in the past and currently, submitted the Savings Plans to the Internal Revenue Service
(the &#147;IRS&#148;) in a timely manner and it has in the past, and will currently, make all changes
required by the IRS in order to qualify the Savings Plans.
</DIV>

<DIV align="left">
<A name="109"></A>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;9. Undertakings</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The undersigned Registrant hereby undertakes:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)&nbsp;To file, during any period in which offers or sales are being made, a post-effective
amendment to this Registration Statement:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;to include any prospectus required by Section&nbsp;10(a)(3) of the Securities Act;
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->-6-<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#tocpage">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;to reflect in the prospectus any facts or events arising after the effective date of the
Registration Statement (or the most recent post-effective amendment thereof) which, individually or
in the aggregate, represent a fundamental change in the information set forth in the Registration
Statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered
(if the total dollar value of securities offered would not exceed that which was registered) and
any deviation from the low or high end of the estimated maximum offering range may be reflected in
the form of prospectus filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the
changes in volume and price represent no more than 20&nbsp;percent change in the maximum aggregate
offering price set forth in the &#147;Calculation of Registration Fee&#148; table in the effective
Registration Statement;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii)&nbsp;To include any material information with respect to the plan of distribution not
previously disclosed in the Registration Statement or any material change to such information in
the Registration Statement;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>provided, however</I>, that: Paragraphs (1)(i) and (1)(ii) do not apply if the information
required to be included in a post-effective amendment by those paragraphs is contained in periodic
reports filed with or furnished to the Commission by the Registrant pursuant to Section&nbsp;13 or 15(d)
of the Exchange Act that are incorporated by reference in the Registration Statement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2)&nbsp;That, for the purpose of determining any liability under the Securities Act, each such
post-effective amendment shall be deemed to be a new Registration Statement relating to the
securities offered therein, and the offering of such securities at that time shall be deemed to be
the initial bona fide offering thereof.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3)&nbsp;To remove from registration by means of a post-effective amendment any of the securities
being registered which remain unsold at the termination of the offering.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;The undersigned Registrant hereby undertakes that, for purposes of determining any
liability under the Securities Act, each filing of the Registrant&#146;s annual report pursuant to
Section 13(a) or Section 15(d) of the Exchange Act that is incorporated by reference in the
Registration Statement shall be deemed to be a new registration statement relating to the
securities offered therein, and the offering of such securities at that time shall be deemed to be
the initial bona fide offering thereof.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;Insofar as indemnification for liabilities arising under the Securities Act may be
permitted to directors, officers and controlling persons of the Registrant pursuant to the
foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the
Commission such indemnification is against public policy as expressed in the Securities Act and is,
therefore, unenforceable. In the event that a claim for indemnification against such liabilities
(other than the payment by the Registrant of expenses incurred or paid by a director, officer or
controlling person of the Registrant in the successful defense of any action, suit or proceeding)
is asserted by such director, officer or controlling person in connection with the securities being
registered, the Registrant will, unless in the opinion of its counsel the matter has been settled
by controlling precedent, submit to a court of appropriate jurisdiction the question whether such
indemnification by it is against public policy as expressed in the Securities Act and will be
governed by the final adjudication of such issue.
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->-7-<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#tocpage">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left">
<A name="110"></A>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>SIGNATURES</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act, the Registrant certifies that it has
reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has
duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Munich, Germany, on December&nbsp;7, 2009.
</DIV>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left">Siemens Aktiengesellschaft<BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/ Peter L&#246;scher&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Name:&nbsp;&nbsp;</TD>
    <TD align="left">Peter L&#246;scher&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Title:&nbsp;&nbsp;</TD>
    <TD align="left">President, Chief Executive Officer and Chairman of
the Managing Board&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
</TABLE>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/ Joe Kaeser&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Name:&nbsp;&nbsp;</TD>
    <TD align="left">Joe Kaeser&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Title:&nbsp;&nbsp;</TD>
    <TD align="left">Executive Vice President, Chief Financial Officer and Member of
the Managing Board&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act, this Registration Statement has been
signed by the following persons in the capacities indicated on December&nbsp;7, 2009. In addition, each
undersigned hereby constitutes and appoints Joe Kaeser, Peter Y. Solmssen, Dr.&nbsp;Klaus Patzak, Solms
U. Wittig and Dr.&nbsp;Christian Bleiweiss, jointly and severally, his or her attorneys in fact, each
with power of substitution, in his or her name and in the capacity indicated below, to sign any and
all further amendments (including post-effective amendments) to the Registration Statement and to
file the same, with exhibits thereto and other documents on connection therewith, with the
Commission, hereby ratifying and confirming all that each of said attorneys-in-fact, or his
substitute or substitutes, may do or cause to be done by virtue hereof.
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="60%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="39%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left">Signature</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">Title</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="font-size: 18pt">
    <TD valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Peter L&#246;scher<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Peter L&#246;scher
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;President,
Chief Executive Officer and Chairman of the
Managing Board</TD>
</TR>
<TR valign="bottom" style="font-size:18pt">
    <TD valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Joe Kaeser<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Joe Kaeser
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;Executive
Vice President, Chief Financial Officer and Member of
the Managing Board</TD>
</TR>
<TR valign="bottom" style="font-size:6pt">
    <TD valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size:6pt">
    <TD valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size:6pt">
    <TD valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Klaus Patzak<DIV style="font-size: 1pt; border-top: 1px solid #000000"></DIV>
Klaus Patzak, Dr. oec.
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;Corporate
Vice President and Controller</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->-8-<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#tocpage">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="60%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="39%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Wolfgang Dehen<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Wolfgang Dehen
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;Executive
Vice President and Member of the Managing Board</TD>
</TR>
<TR valign="bottom" style="font-size: 18pt"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Heinrich Hiesinger<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Heinrich Hiesinger, Dr.-Ing.
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;Executive
Vice President and Member of the
Managing Board</TD>
</TR>
<TR valign="bottom" style="font-size: 18pt"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Barbara Kux<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Barbara Kux
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;Executive
Vice President and Member of the Managing Board</TD>
</TR>
<TR valign="bottom" style="font-size: 18pt"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Hermann Requardt<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Hermann Requardt, Prof. Dr. phil. nat., Dipl.-Phys.
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;Executive
Vice
President and Member
of the Managing Board</TD>
</TR>
<TR valign="bottom" style="font-size: 18pt"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Siegfried Russwurm<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Siegfried Russwurm, Prof. Dr.-Ing., Dipl.-Ing.
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;Executive
Vice President
and Member of the Managing
Board</TD>
</TR>
<TR valign="bottom" style="font-size: 18pt"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Peter Y. Solmssen<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Peter Y. Solmssen
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;Executive
Vice President and Member of the Managing Board</TD>
</TR>
<TR valign="bottom" style="font-size: 18pt"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ E. Robert Lupone<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
By: E. Robert Lupone<br>Siemens Corporation,<br>601 Lexington Avenue, New York, NY 10022</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;Senior Vice President,
General Counsel and Secretary<br>of Siemens Corporation &#151;
Authorized Representative<br>in the United States</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->-9-<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#tocpage">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act, the trustees (or other persons who
administer the employee benefit plan) have duly caused this Registration Statement to be signed on
its behalf by the undersigned, thereunto duly authorized, in Iselin, New Jersey, on December&nbsp;7,
2009.
</DIV>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left">SIEMENS SAVINGS PLAN<BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/ Lawrence J. Steenvoorden&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Name:&nbsp;&nbsp;</TD>
    <TD align="left">Lawrence J. Steenvoorden&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Title:&nbsp;&nbsp;</TD>
    <TD align="left">Vice President, Treasurer and Controller of Siemens
Corporation&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act, the trustees (or other persons who
administer the employee benefit plan) have duly caused this Registration Statement to be signed on
its behalf by the undersigned, thereunto duly authorized, in Iselin, New Jersey, on December&nbsp;7,
2009.
</DIV>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left">SIEMENS SAVINGS PLAN FOR UNION EMPLOYEES<BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/ Lawrence J. Steenvoorden&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Name:&nbsp;&nbsp;</TD>
    <TD align="left">Lawrence J. Steenvoorden&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Title:&nbsp;&nbsp;</TD>
    <TD align="left">Vice President, Treasurer and Controller of
Siemens Corporation&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>

</TABLE>

<P align="center" style="font-size: 10pt"><!-- Folio -->-10-<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#tocpage">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">


<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>

</TABLE>
<DIV align="left">
<A name="111"></A>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>INDEX TO EXHIBITS</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="8%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="90%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.2
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Siemens Savings Plan</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.3
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Siemens Savings Plan for Union Employees</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.4
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">English translation of Articles of Association of Siemens Aktiengesellschaft updated as of
March&nbsp;24, 2009 (incorporated by reference from Exhibit&nbsp;1.1 to Siemens Aktiengesellschaft&#146;s
Form&nbsp;20-F for the fiscal year ended September&nbsp;30, 2009)</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.5
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Deposit Agreement dated as of March&nbsp;1, 2001 (as amended from time to time) among the Siemens
Aktiengesellschaft, the JPMorgan Chase Bank, N.A. and all Holders and Beneficial Owners from
time to time of American Depositary Receipts issued thereunder (incorporated by reference from
the Exhibit to Registration Statement No.&nbsp;333-13208) (the &#147;Deposit Agreement&#148;)</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.6
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Amendment No.&nbsp;1 to Deposit Agreement (incorporated by reference from Exhibit (a)(2) to
Post-Effective Amendment to Registration Statement No.&nbsp;333-123425)</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">5.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Opinion of Solms U. Wittig, General Counsel Corporate and Finance of Siemens
Aktiengesellschaft</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of Ernst &#038; Young GmbH Wirtschaftspr&#252;fungsgesellschaft, independent registered public
accounting firm</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.2.
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of KPMG AG Wirtschaftspr&#252;fungsgesellschaft, registered public accounting firm that
was independent as of the date of their audit report dated November&nbsp;21, 2008</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.3
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of J.H. Cohn LLP, independent registered public accounting firm</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.4
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of KPMG LLP, registered public accounting firm that was independent as of the date of
their audit report dated June&nbsp;20, 2008</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.5
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of Solms U. Wittig, General Counsel Corporate and Finance of Siemens
Aktiengesellschaft (included in Exhibit&nbsp;5.1)</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">24
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Power of Attorney (included in signature pages)</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->-11-<!-- /Folio -->
</DIV>

</BODY>
</HTML>
[{"type": "S-8", "sequence": "1", "filename": "f03209sv8.htm", "description": "FORM S-8", "secsgml_size_bytes": 67346}]
{"company-data": {"conformed-name": "SIEMENS AKTIENGESELLSCHAFT", "cik": "0001135644", "assigned-sic": "3600", "irs-number": "000000000", "state-of-incorporation": "2M", "fiscal-year-end": "0930"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-163522", "film-number": "091225163"}, "business-address": {"street1": "WITTELSBACHERPLATZ 2 D-80333 MUNICH", "street2": "FEDERAL REPUBLIC OF GERMANY", "city": "GERMANY", "state": "2M", "zip": "00000", "phone": "4908963634840"}, "mail-address": {"street1": "WITTELSBACHERPLATZ 2", "street2": "FEDERAL REPUBLIC OF GERMANY", "city": "MUNICH", "state": "2M", "zip": "80333"}}
sv8
Table of Contents
Registration Nos. 333-[
•
]
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
Siemens Aktiengesellschaft
(Exact name of registrant as specified in its charter)
Federal Republic of Germany
Not Applicable
(State or other jurisdiction of incorporation or organization)
(IRS Employer Identification Number)
Wittelsbacherplatz 2
80333 Munich
Germany
Tel.: +49 (89) 636 00
(Address and principal executive offices; Zip Code)
Siemens Savings Plan
Siemens Savings Plan for Union Employees
(Full Title of the plans)
Siemens Corporation
601 Lexington Avenue
New York, NY 10022
(212) 258 4000
(Name, address and telephone number of agent for service)
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a
non-accelerated filer, or a smaller reporting company. See the definitions of "large accelerated
filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act.
Large accelerated filer
þ
Accelerated filer
o
Non-accelerated filer
o
(Do not check if a smaller reporting company)
Smaller reporting company
o
CALCULATION OF REGISTRATION FEE
Amount to
Proposed
Maximum
Proposed Maximum
Name
Title of Securities
be
Offering Price
Aggregate Offering
Amount of Registration
of Plan
to be Registered
(1)
Registered
(2)(3)
per Share
(4)
Price
(4)
Fee
(4)
Siemens Savings Plan
Ordinary Shares of Siemens
Aktiengesellschaft, no par
value
18,673,790
Shares
$100.89
$1,883,998,673
$105,127
Siemens Savings
Plan for Union
Employees
Ordinary Shares of Siemens
Aktiengesellschaft, no par
value
851,700
Shares
$100.89
$85,928,013
$4,795
(1)
American Depositary Shares ("ADSs") evidenced by American Depositary Receipts ("ADRs")
issuable upon deposit of the Ordinary Shares have been registered under a separate
registration statement on Form F-6. Each ADS is issued in respect of one (1) Share.
(2)
The number of Ordinary Shares being registered also includes an indeterminate number of
Ordinary Shares that may be issuable as a result of stock splits, stock dividends or similar
anti-dilution adjustments of the outstanding Ordinary Shares in accordance with Rule 416 of
the Securities Act of 1933, as amended (the "Securities Act").
(3)
In addition, pursuant to Rule 416(c) of the Securities Act, as amended, this Registration
Statement also covers an indeterminate amount of interests to be offered or sold pursuant to
the Siemens Savings Plan and the Siemens Savings Plan for Union Employees (together, the
"Savings Plans") described herein.
(4)
Estimated in accordance with Rule 457(h)(1) and Rule 457(c) under the Securities Act solely
for the purpose of computing the registration fee with respect to Ordinary Shares to be
purchased under the Savings Plans, based on the average high and low price per Ordinary Share
on the Frankfurt Stock Exchange as reported by Xetra on December 1, 2009 translated into U.S.
dollars at an exchange rate of
€
1 to $1.5074, the euro foreign exchange reference rate as
published by the European Central Bank on December 1, 2009.
TABLE OF CONTENTS
PART I
3
PART II
4
Item 3. Incorporation of Documents by Reference
4
Item 4. Description of Securities
5
Item 5. Interests of Named Experts and Counsel
5
Item 6. Indemnification of Directors and Officers
5
Item 7. Exemption from Registration Claimed
6
Item 8. Exhibits
6
Item 9. Undertakings
6
SIGNATURES
8
INDEX TO EXHIBITS
11
EX-4.2
EX-4.3
EX-5.1
EX-23.1
EX-23.2
EX-23.3
EX-23.4
Table of Contents
PART I
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
EXPLANATORY NOTE
As permitted by Rule 428 under the Securities Act, this Registration Statement omits the
information specified in Part I of Form S-8. Siemens Aktiengesellschaft (the "Registrant", "we" or
"us") will deliver the documents containing the information specified in Part I to the participants
in the Savings Plans covered by this Registration Statement as required by Rule 428(b). We are not
filing these documents with the Securities and Exchange Commission (the "Commission") as part of
this Registration Statement or as prospectuses or prospectus supplements pursuant to Rule 424 of
the Securities Act.
-3-
Table of Contents
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Documents by Reference
We incorporate by reference into this Registration Statement the following documents, to the
extent not superseded by documents or reports subsequently filed or furnished:
(a) Our Annual Report on Form 20-F for the fiscal year ended September 30, 2009 filed with the
Commission on December 4, 2009 (the "2009 Form 20-F") pursuant to the Securities Exchange Act of
1934, as amended (the "Exchange Act").
Ernst & Young GmbH Wirtschaftsprüfungsgesellschaft ("E&Y"), an independent registered public
accounting firm, has audited the Registrant's consolidated financial statements as of September 30,
2009 and for the year then ended included in the Registrant's 2009 Form 20-F and the effectiveness
of the Registrant's internal control over financial reporting as of September 30, 2009, as set
forth in their reports thereon included in the 2009 Form 20-F, which are incorporated by reference
in this Registration Statement. Such consolidated financial statements are incorporated herein by
reference in reliance upon such reports given on the authority of E&Y as experts in accounting and
auditing.
KPMG AG Wirtschaftsprüfungsgesellschaft ("KPMG"), a registered public accounting firm which
was independent as of the date of their audit report dated November 21, 2008, has audited the
Registrant's consolidated financial statements as of September 30, 2008 and for each of the years
in the two-year period then ended included in the Registrant's 2009 Form 20-F as set forth in their
report thereon included in the 2009 Form 20-F, which is incorporated by reference in this
Registration Statement. Such consolidated financial statements as of September 30, 2008 and for
each of the years in the two-year period then ended audited by KPMG are incorporated herein by
reference in reliance on such report given on the authority of KPMG as experts in accounting and
auditing.
(b) Siemens Savings Plan's Annual Report on Form 11-K for the fiscal year ended December 31,
2008, filed with the Commission on June 29, 2009 pursuant to the Exchange Act.
(c) Siemens Savings Plan for Union Employees' Annual Report on Form 11-K for the fiscal year
ended December 31, 2008, filed with the Commission on June 29, 2009 pursuant to the Exchange Act.
J.H. Cohn LLP has audited the individual statements of net assets available for benefits of
the Siemens Savings Plan and Siemens Savings Plan for Union Employees as of December 31, 2008, the
related individual statements of changes in net assets available for benefits for the year ended
December 31, 2008 and the related individual supplemental Schedules H, Line 4i — schedule of
assets (held at end of year) (the "Plan Financial Statements") as of December 31, 2008 as set forth
in their report thereon included in the above referenced Forms 11-K, which are incorporated by
reference in this Registration Statement. Such Plan Financial Statements are incorporated herein by
reference in reliance on such report given on the authority of J.H. Cohn LLP as experts in
accounting and auditing.
KPMG LLP has audited the individual statements of net assets available for benefits of the
Siemens Savings Plan and Siemens Savings Plan for Union Employees as of December 31, 2007. Such
individual financial statements referred to above are incorporated herein by reference in reliance
on such report given on the authority of KPMG LLP as experts in accounting and auditing.
(d) The description of the Ordinary Shares contained under the heading "
Item 10: Additional
Information —Capital Stock
" in our Registration Statement on Form 20-F/A, filed with the
Commission on March 14, 2001, and in "
Item 10: Additional Information — Rights, Preferences and
Restrictions Attaching To Our Shares
" in the 2009 Form 20-F.
-4-
Table of Contents
(e) All other reports filed by us pursuant to Section 13(a) or 15(d) of the Exchange Act since
the fiscal year ended September 30, 2009 or by the Savings Plans since the fiscal year ended
December 31, 2008.
All documents subsequently filed by us (with respect to any Form 6-K, only to the extent
designated therein) and the Savings Plans pursuant to Sections 13(a), 13(c), 14 and 15(d) of the
Exchange Act, prior to the filing of a post-effective amendment to this Registration Statement that
indicates that all securities offered hereby have been sold or that deregisters all securities
remaining unsold, shall be deemed to be incorporated by reference in this Registration Statement
and to be part hereof from the date of filing of such documents.
Our audited consolidated financial statements to be included in subsequently filed documents
will be incorporated herein in reliance upon the reports of E&Y pertaining to such financial
statements and the effectiveness of internal control over financial reporting (to the extent
covered by consents filed with the Commission) and the report of KPMG pertaining to such financial
statements (to the extent covered by consents filed with the Commission) given on the authority of
each such firm as experts in accounting and auditing.
The Plan Financial Statements to be included in subsequently filed documents will be
incorporated herein in reliance upon the reports of J.H. Cohn LLP pertaining to such Plan Financial
Statements (to the extent covered by consents filed with the Commission) given on the authority of
such firm as experts in accounting and auditing.
Any statement contained in a document incorporated or deemed to be incorporated by reference
herein shall be deemed to be modified or superseded for purposes of this Registration Statement to
the extent that a statement contained herein or in any other subsequently filed document that also
is deemed to be incorporated by reference herein modifies or supersedes such statement. Any such
statement so modified or superseded shall not be deemed, except as so modified or superseded, to
constitute a part of this Registration Statement.
Item 4. Description of Securities
Not applicable.
Item 5. Interests of Named Experts and Counsel
The validity of the Ordinary Shares to be issued under the Savings Plans will be passed upon
for us by Solms U. Wittig, General Counsel Corporate and Finance. Mr. Wittig is a full time
employee of the Registrant. Mr. Wittig currently beneficially owns less than 0.001% of our
outstanding Ordinary Shares.
Item 6. Indemnification of Directors and Officers
Under German law, a stock corporation may indemnify its officers, and, under certain
circumstances, German labor law requires a stock corporation to do so. However, such a corporation
may not, as a general matter, indemnify members of the Managing Board or the Supervisory Board. A
German stock corporation may, however, purchase directors' and officers' insurance. The insurance
may be subject to any mandatory restrictions imposed by German law. In addition, German law may
permit such a corporation to indemnify a member of the Managing Board or the Supervisory Board for
attorneys' fees incurred if such member is the successful party in a suit in a country, such as the
United States, where prevailing parties are required to bear their own litigation costs, if German
law would have required the losing party to pay the member's attorneys' fees had the suit been
brought in Germany.
The Registrant provides a group insurance policy for board and committee members and employees
of the Siemens organization which is taken out for one year and renewed annually. The insurance
covers the personal liability of the insured in the case of a financial loss associated with
employment functions. In such a case, the Registrant may, with effect from October 1, 2005, hold
members of the Managing Board liable for such loss up to an amount equivalent to 20 percent of the
respective Managing Board member's annual fixed salary. In the same way, each member of the
Supervisory Board has individually agreed to be held liable up to an amount equivalent to 20
percent of the fixed compensation component. The insurance policy for the 2010 fiscal year includes
a deductible for members of the Managing and Supervisory Boards subject to the requirements of the
German Stock Corporation Act (AktG) and the German Corporate Governance Code.
-5-
Table of Contents
Item 7. Exemption from Registration Claimed
Not applicable.
Item 8. Exhibits
Exhibit No.
Description of Document
4.2
Siemens Savings Plan
4.3
Siemens Savings Plan for Union Employees
4.4
English translation of Articles of Association of Siemens Aktiengesellschaft updated as of
March 24, 2009 (incorporated by reference from Exhibit 1.1 to Siemens Aktiengesellschaft's
Form 20-F for the fiscal year ended September 30, 2009)
4.5
Deposit Agreement dated as of March 1, 2001 (as amended from time to time) among the Siemens
Aktiengesellschaft, the JPMorgan Chase Bank, N.A. and all Holders and Beneficial Owners from
time to time of American Depositary Receipts issued thereunder (incorporated by reference from
the Exhibit to Registration Statement No. 333-13208) (the "Deposit Agreement")
4.6
Amendment No. 1 to Deposit Agreement (incorporated by reference from Exhibit (a)(2) to
Post-Effective Amendment to Registration Statement No. 333-123425)
5.1
Opinion of Solms U. Wittig, General Counsel Corporate and Finance of Siemens
Aktiengesellschaft
23.1
Consent of Ernst & Young GmbH Wirtschaftsprüfungsgesellschaft, independent registered public
accounting firm
23.2
Consent of KPMG AG Wirtschaftsprüfungsgesellschaft, registered public accounting firm that
was independent as of the date of their audit report dated November 21, 2008
23.3
Consent of J.H. Cohn LLP, independent registered public accounting firm
23.4
Consent of KPMG LLP, registered public accounting firm that was independent as of the date of
their audit report dated June 20, 2008
23.5
Consent of Solms U. Wittig, General Counsel Corporate and Finance of Siemens
Aktiengesellschaft (included in Exhibit 5.1)
24
Power of Attorney (included in signature pages)
Pursuant to Item 8(b) of Part II of Form S-8, the undersigned Registrant hereby undertakes that it
has, both in the past and currently, submitted the Savings Plans to the Internal Revenue Service
(the "IRS") in a timely manner and it has in the past, and will currently, make all changes
required by the IRS in order to qualify the Savings Plans.
Item 9. Undertakings
The undersigned Registrant hereby undertakes:
(1) To file, during any period in which offers or sales are being made, a post-effective
amendment to this Registration Statement:
(i) to include any prospectus required by Section 10(a)(3) of the Securities Act;
-6-
Table of Contents
(ii) to reflect in the prospectus any facts or events arising after the effective date of the
Registration Statement (or the most recent post-effective amendment thereof) which, individually or
in the aggregate, represent a fundamental change in the information set forth in the Registration
Statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered
(if the total dollar value of securities offered would not exceed that which was registered) and
any deviation from the low or high end of the estimated maximum offering range may be reflected in
the form of prospectus filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the
changes in volume and price represent no more than 20 percent change in the maximum aggregate
offering price set forth in the "Calculation of Registration Fee" table in the effective
Registration Statement;
(iii) To include any material information with respect to the plan of distribution not
previously disclosed in the Registration Statement or any material change to such information in
the Registration Statement;
provided, however
, that: Paragraphs (1)(i) and (1)(ii) do not apply if the information
required to be included in a post-effective amendment by those paragraphs is contained in periodic
reports filed with or furnished to the Commission by the Registrant pursuant to Section 13 or 15(d)
of the Exchange Act that are incorporated by reference in the Registration Statement.
(2) That, for the purpose of determining any liability under the Securities Act, each such
post-effective amendment shall be deemed to be a new Registration Statement relating to the
securities offered therein, and the offering of such securities at that time shall be deemed to be
the initial bona fide offering thereof.
(3) To remove from registration by means of a post-effective amendment any of the securities
being registered which remain unsold at the termination of the offering.
(b) The undersigned Registrant hereby undertakes that, for purposes of determining any
liability under the Securities Act, each filing of the Registrant's annual report pursuant to
Section 13(a) or Section 15(d) of the Exchange Act that is incorporated by reference in the
Registration Statement shall be deemed to be a new registration statement relating to the
securities offered therein, and the offering of such securities at that time shall be deemed to be
the initial bona fide offering thereof.
(c) Insofar as indemnification for liabilities arising under the Securities Act may be
permitted to directors, officers and controlling persons of the Registrant pursuant to the
foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the
Commission such indemnification is against public policy as expressed in the Securities Act and is,
therefore, unenforceable. In the event that a claim for indemnification against such liabilities
(other than the payment by the Registrant of expenses incurred or paid by a director, officer or
controlling person of the Registrant in the successful defense of any action, suit or proceeding)
is asserted by such director, officer or controlling person in connection with the securities being
registered, the Registrant will, unless in the opinion of its counsel the matter has been settled
by controlling precedent, submit to a court of appropriate jurisdiction the question whether such
indemnification by it is against public policy as expressed in the Securities Act and will be
governed by the final adjudication of such issue.
-7-
Table of Contents
SIGNATURES
Pursuant to the requirements of the Securities Act, the Registrant certifies that it has
reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has
duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Munich, Germany, on December 7, 2009.
Siemens Aktiengesellschaft
By:
/s/ Peter Löscher
Name:
Peter Löscher
Title:
President, Chief Executive Officer and Chairman of
the Managing Board
By:
/s/ Joe Kaeser
Name:
Joe Kaeser
Title:
Executive Vice President, Chief Financial Officer and Member of
the Managing Board
Pursuant to the requirements of the Securities Act, this Registration Statement has been
signed by the following persons in the capacities indicated on December 7, 2009. In addition, each
undersigned hereby constitutes and appoints Joe Kaeser, Peter Y. Solmssen, Dr. Klaus Patzak, Solms
U. Wittig and Dr. Christian Bleiweiss, jointly and severally, his or her attorneys in fact, each
with power of substitution, in his or her name and in the capacity indicated below, to sign any and
all further amendments (including post-effective amendments) to the Registration Statement and to
file the same, with exhibits thereto and other documents on connection therewith, with the
Commission, hereby ratifying and confirming all that each of said attorneys-in-fact, or his
substitute or substitutes, may do or cause to be done by virtue hereof.
Signature
Title
/s/ Peter Löscher
Peter Löscher
President,
Chief Executive Officer and Chairman of the
Managing Board
/s/ Joe Kaeser
Joe Kaeser
Executive
Vice President, Chief Financial Officer and Member of
the Managing Board
/s/ Klaus Patzak
Klaus Patzak, Dr. oec.
Corporate
Vice President and Controller
-8-
Table of Contents
/s/ Wolfgang Dehen
Wolfgang Dehen
Executive
Vice President and Member of the Managing Board
/s/ Heinrich Hiesinger
Heinrich Hiesinger, Dr.-Ing.
Executive
Vice President and Member of the
Managing Board
/s/ Barbara Kux
Barbara Kux
Executive
Vice President and Member of the Managing Board
/s/ Hermann Requardt
Hermann Requardt, Prof. Dr. phil. nat., Dipl.-Phys.
Executive
Vice
President and Member
of the Managing Board
/s/ Siegfried Russwurm
Siegfried Russwurm, Prof. Dr.-Ing., Dipl.-Ing.
Executive
Vice President
and Member of the Managing
Board
/s/ Peter Y. Solmssen
Peter Y. Solmssen
Executive
Vice President and Member of the Managing Board
/s/ E. Robert Lupone
By: E. Robert Lupone
Siemens Corporation,
601 Lexington Avenue, New York, NY 10022
Senior Vice President,
General Counsel and Secretary
of Siemens Corporation —
Authorized Representative
in the United States
-9-
Table of Contents
Pursuant to the requirements of the Securities Act, the trustees (or other persons who
administer the employee benefit plan) have duly caused this Registration Statement to be signed on
its behalf by the undersigned, thereunto duly authorized, in Iselin, New Jersey, on December 7,
2009.
SIEMENS SAVINGS PLAN
By:
/s/ Lawrence J. Steenvoorden
Name:
Lawrence J. Steenvoorden
Title:
Vice President, Treasurer and Controller of Siemens
Corporation
Pursuant to the requirements of the Securities Act, the trustees (or other persons who
administer the employee benefit plan) have duly caused this Registration Statement to be signed on
its behalf by the undersigned, thereunto duly authorized, in Iselin, New Jersey, on December 7,
2009.
SIEMENS SAVINGS PLAN FOR UNION EMPLOYEES
By:
/s/ Lawrence J. Steenvoorden
Name:
Lawrence J. Steenvoorden
Title:
Vice President, Treasurer and Controller of
Siemens Corporation
-10-
Table of Contents
INDEX TO EXHIBITS
4.2
Siemens Savings Plan
4.3
Siemens Savings Plan for Union Employees
4.4
English translation of Articles of Association of Siemens Aktiengesellschaft updated as of
March 24, 2009 (incorporated by reference from Exhibit 1.1 to Siemens Aktiengesellschaft's
Form 20-F for the fiscal year ended September 30, 2009)
4.5
Deposit Agreement dated as of March 1, 2001 (as amended from time to time) among the Siemens
Aktiengesellschaft, the JPMorgan Chase Bank, N.A. and all Holders and Beneficial Owners from
time to time of American Depositary Receipts issued thereunder (incorporated by reference from
the Exhibit to Registration Statement No. 333-13208) (the "Deposit Agreement")
4.6
Amendment No. 1 to Deposit Agreement (incorporated by reference from Exhibit (a)(2) to
Post-Effective Amendment to Registration Statement No. 333-123425)
5.1
Opinion of Solms U. Wittig, General Counsel Corporate and Finance of Siemens
Aktiengesellschaft
23.1
Consent of Ernst & Young GmbH Wirtschaftsprüfungsgesellschaft, independent registered public
accounting firm
23.2.
Consent of KPMG AG Wirtschaftsprüfungsgesellschaft, registered public accounting firm that
was independent as of the date of their audit report dated November 21, 2008
23.3
Consent of J.H. Cohn LLP, independent registered public accounting firm
23.4
Consent of KPMG LLP, registered public accounting firm that was independent as of the date of
their audit report dated June 20, 2008
23.5
Consent of Solms U. Wittig, General Counsel Corporate and Finance of Siemens
Aktiengesellschaft (included in Exhibit 5.1)
24
Power of Attorney (included in signature pages)
-11-