Siemens 2009 Annual Report Download - page 127


 Managing Board statements, Independent auditors’ report, Additional information
Share Matching Plan
Number of units
Matching share entitlements
under the Share Matching Plan 
Fair value 
Matching share entitlements
under the Share Matching Plan 
(Amounts in number of units or in €  )    
Managing Board members serving as of September , 
Peter Löscher – – – –
Wolfgang Dehen  4,140 – 88,808 –
Dr. Heinrich Hiesinger 3,762 – 80,741 –
Joe Kaeser 3,855 – 82,726 –
Barbara Kux  – – – –
Prof. Dr. Hermann Requardt 3,228 – 69,346 –
Prof. Dr. Siegfried Russwurm  4,926 – 105,581 –
Peter Y. Solmssen 6,051 – 129,588 –
Former Managing Board members
Jim Reid-Anderson  – – – –
Total 25,962 – 556,790 –
1 Amounts refer to entitlements to matching shares acquired in December 2008.
2 After expiration of a three-year holding period, each participant in the Matching Share Plan is entitled to receive one free matching share of Siemens stock for every three Siemens
shares acquired and continuously held under the plan.
3 The fair values take into consideration that the shares under the Share Matching Plan were acquired at their lowest stock market price on November 14, 2008 and that a company
bonus was granted under the Base Share Program.
4 Wolfgang Dehen and Prof. Dr. Siegfried Russwurm were elected full members of the Managing Board effective January 1, 2008.
5 Barbara Kux was elected a full member of the Managing Board effective November 17, 2008.
6 Jim Reid-Anderson was elected a full member of the Managing Board effective May 1, 2008 and resigned from the Managing Board effective November 30, 2008.
B20T037_E
SAGT037
nual gross bonus payable to them in Siemens shares. After ex-
piration of a three-year holding period, each plan participant
will receive one free matching share of Siemens stock for every
three Siemens shares acquired and continuously held under
the plan. Furthermore, the members of the Managing Board
are entitled to participate in the Company ’s new Base Share
Program that has replaced the former Employee Share Pur-
chase Program. The shares acquired under the Base Share Pro-
gram may also participate in the Share Matching Plan; in this
case, they are eligible to receive matching shares under the
terms and conditions applicable to the Share Matching Plan.
The following table shows individualized details of the match-
ing share entitlements acquired by the members of the Man-
aging Board in fiscal year  and the applicable fair values.
The defined benefit obligation (DBO) of all pension commit-
ments to former members of the Managing Board and their
surviving dependents as of September ,  amounted to
€. million (: €. million), which amount is in-
cluded in Note  of the “Notes to Consolidated Financial State-
ments.”
Other. No loans from the Company are provided to members of
the Managing Board.
Since fiscal year , members of the Managing Board may
participate in the new Share Matching Plan, which is available
to approximately  percent of the employees in fiscal year
. Managing Board members participating in the Share
Matching Plan are entitled to invest up to  percent of the an-