© Siemens, 2004 Siemens Energy & Automation s Global network of innovation Financial Opportunities Siemens Energy & Automation Inc. Indiana University SCOOP Session Financial Management Training Program January 25, 2005 Bill Soukup & Kristen VanderVelde

© Siemens, 2004 Siemens Energy & Automation s Global network of innovation Financial Opportunities Siemens Energy & Automation Facts  Corporate headquarters Alpharetta, GA  Employees ~ 9460  Sales engineers ~ 750  Distributors >3000  Manufacturing/assembly/distribution locations 31  R&D facilities 3  2004 Sales Volume~$ 1.9B

© Siemens, 2004 Siemens Energy & Automation s Global network of innovation Financial Opportunities Headquartered in Atlanta, GA, Siemens Energy & Automation manufactures and markets a wide range of electrical power distribution infrastructure equipment and systems, and complete industrial control and automation systems in two general market segments Automation  Factory automation  Process automation and instrumentation  Process safety  Supervisory control (SCADA)  Programmable Logic Controllers (PLCs)  Industrial software  Industrial controls  Motors and drives  Motor control  Integrated systems Automation  Factory automation  Process automation and instrumentation  Process safety  Supervisory control (SCADA)  Programmable Logic Controllers (PLCs)  Industrial software  Industrial controls  Motors and drives  Motor control  Integrated systems Electrical Power Distribution  Power distribution equipment and solutions  Power management control  Circuit protection components  Residential distribution equipment Electrical Power Distribution  Power distribution equipment and solutions  Power management control  Circuit protection components  Residential distribution equipment Siemens Energy & Automation Inc.

© Siemens, 2004 Siemens Energy & Automation s Global network of innovation Financial Opportunities In 2003, entry level programs refocused to feed the pipeline to key leadership positions INTERN  ENTRY LEVEL LEADERSHIP PROGRAM (ELLP)  EMERGING LEADER PROGRAM (EL)  LEADERS WITH ADVANCEMENT POTENTIAL Effort to move more talent across locations and business units in order to share best practices, build business acumen and leadership skills for our “next generation” of leaders Operations Leadership Program (OLP) Human Resource Management Program (HRLP) Information Technology Leadership Program (ITLP) Financial Management Training Program (FMTP) Sales and Marketing Development Program (SMDP) Engineering Leadership Program (ELP) Entry Level Leadership Programs (ELLP)

© Siemens, 2004 Siemens Energy & Automation s Global network of innovation Financial Opportunities They are always looking for challenging new opportunities. They have the DRIVE to constantly seek the most promising situations - even if they look impossible at first sight. But they are not blind to risks and threats. They think through the influencing factors and FOCUS on a reliable strategy. They have a very clear picture of all the stakeholders involved, and because of the IMPACT they have on others, manage to get them excited about a shared idea. To make success come true they form a great team. They GUIDE their people across hurdles, and empower them to succeed in the great climate of their teams. Demonstrated Technical/Academic Achievement AND Leadership Capabilities the qualities which set apart our excellent leaders Entry Level Leadership Programs Candidate Profile

© Siemens, 2004 Siemens Energy & Automation s Global network of innovation Financial Opportunities FMTP Rotational Assignments  Corporate Accounting  Business Planning & Financial Analysis  Division/Business Unit Analyst  Internal Audit  Cost Controlling  Mergers & Acquisitions  SAP Concert Financial Management Training Program Structure

© Siemens, 2004 Siemens Energy & Automation s Global network of innovation Financial Opportunities Rotational Assignments What to Expect in 2 Years  Hands-on, practical experience with real work under the guidance for 4 different experienced rotation managers  Exposure to a broad range of people, leadership approaches, business functions and work  Deployed on projects related to critical business issues – contributions and accomplishments visible to VP level – the opportunity to build your resume with important accomplishments in 2 years E.g.. Product introductions, innovations, process standardization and improvements

© Siemens, 2004 Siemens Energy & Automation s Global network of innovation Financial Opportunities Developing Leadership and Business Acumen Learning and Development  Continuous development of leadership skills - on the job and one week every 6 months during leadership conferences with ELLP group  Web based learning to build skills from business acumen (Eg. Finance, Marketing) to computer skills (Eg. Access) to product knowledge  ELLP cross-functional team projects to build peer relationships, gain a broader business perspective and present to senior leaders  Monthly Lunch & Learn sessions with executives from the business  Feedback and Evaluation based on results/contribution and leadership skills development (mid- and final-rotation coaching, formal career discussion annually) Exposure within and Across the Organization  Extensive experience with multiple departments and exposure to senior executives  Involvement with work activities around different products and processes

© Siemens, 2004 Siemens Energy & Automation s Global network of innovation Financial Opportunities Career Models Finance/Accounting Target Positions by Career Stage 2 – 5 years Financial Analyst, Staff Accountant, Credit Analyst, Cost Accountant, Auditor 5 – 10 years Finance or Accounting Manager, Plant or BU Controller, Project Manager 10 + years BU/Division Controller, Director of BPFA, Internal Audit, Corporate Accounting

© Siemens, 2004 Siemens Energy & Automation s Global network of innovation Financial Opportunities Leadership Program Management Roles Program Managers:  Manager with experienced in discipline  Oversees hiring, discipline specific training, rotation selection Rotation Manager:  Provides daily supervision in assignment Executive Sponsors:  Functional Vice President  Sets direction and priority for program  Accountable for talent pipeline Mentor:  More experienced colleagues  Provide advise and answer questions Leadership Program Manager:  HR Professional  Oversees hiring, leadership training and project assignments  Manages Performance Management and Career Processes, off-program placement, etc.

© Siemens, 2004 Siemens Energy & Automation s Global network of innovation Financial Opportunities  Ethnicity  Age  Experience  Background  Expertise Diversity at Siemens

© Siemens, 2004 Siemens Energy & Automation s Global network of innovation Financial Opportunities  Reasonable/flexible work hours  Work Holidays  Paid Time Off  Young Work Force Work-Life Balance at Siemens

© Siemens, 2004 Siemens Energy & Automation s Global network of innovation Financial Opportunities Siemens Energy & Automation Contact Information Bill Soukup Financial Analyst-FMTP Kerin Pearson FMTP Manager/IU Recruiter Nancy Ortman ELLP Manager Kristen VanderVelde Financial Analyst-FMTP

© Siemens, 2004 Siemens Energy & Automation s Global network of innovation Financial Opportunities Questions? Siemens Energy & Automation