Siemens 2009 Annual Report Download - page 302

2
 Reports Supervisory Board /
Managing Board  Corporate Governance  Management’s discussion and analysis  Consolidated Financial Statements
 Consolidated Statements of Income  Consolidated Statements of Income
and Expense Recognized in Equity
 Consolidated Balance Sheets  Consolidated Statements of Cash Flow
The Supervisory Board of Siemens AG has established six standing committees. Information on their activities in fiscal  is provided
on pages - of Book II.
SUPERVISORY BOARD COMMITTEES
Committees Meetings
in fiscal 
Duties and responsibilities Members as of
September 30, 2009
Chairman’s
Committee

 decisions
by notational
voting using
written circula-
tions
The Chairman’s Committee of the Supervisory Board is respon-
sible for reviewing basic issues of business policy and manage-
ment, particularly matters concerning the Managing Board.
The Committee makes recommendations to the Supervisory
Board on the appointment and dismissal of Managing Board
members and prepares the Supervisory Board proposal for
Managing Board compensation and for the determination of
the total compensation of individual Managing Board mem-
bers. In connection with this Supervisory Board proposal, the
Committee executes the employment contracts with Managing
Board members. The Committee makes recommendations
to the Supervisory Board on the composition of Supervisory
Board committees. The Committee decides whether to approve
business transactions with Managing Board members and
related parties. The Committee’s duties include regularly
reviewing the Company’s corporate governance principles and
formulating proposals to improve the Company’s approach to
corporate governance issues.
Gerhard Cromme, Dr. iur.
(Chairman)
Lothar Adler
(since January , )
Ralf Heckmann
(until January , )
Josef Ackermann, Dr. oec.
Berthold Huber
Audit Committee  The Audit Committee’s duties include, in particular, preparing
Supervisory Board reviews of the annual financial statements
of Siemens AG and of the consolidated financial statements
of Siemens worldwide. The Committee also reviews the quar-
terly financial statements and the half-year financial report
and liaises with Siemens’ internal financial auditors and with
the independent auditors (particularly with regard to awarding
the audit contract, defining the focal points of the audit, deter-
mining the auditors’ fee and monitoring their independence).
Hans Michael Gaul, Dr. iur.
(Chairman)
Gerhard Cromme, Dr. iur.
Bettina Haller
(since April , )
Ralf Heckmann
(until January , )
Heinz Hawreliuk
(until March , )
Dieter Scheitor
Birgit Steinborn
(since January , )
Lord Iain Vallance of Tummel
Compliance
Committee
 The Compliance Committee’s duties include, in particular,
monitoring the Company’s adherence to statutory provisions,
official regulations and internal company policies
(compliance).
Gerhard Cromme, Dr. iur.
(Chairman)
Lothar Adler
(since January , )
Ralf Heckmann
(until January , )
Hans Michael Gaul, Dr. iur.
Bettina Haller
Heinz Hawreliuk
(until March , )
Lord Iain Vallance of Tummel
Sibylle Wankel
(since April , )
 Audit committee financial expert as defined by the Sarbanes-Oxley Act