Siemens 2009 Annual Report Download - page 303


www.siemens.com/supervisory-board
www.siemens.com/corporate-governance
 Managing Board statements, Independent auditors’ report, Additional information
 Notes to Consolidated Financial Statements
(in millions of €, except where otherwise
stated and per share amounts)
Further information on corporate governance at Siemens is available at:
www.siemens.com/corporate-governance
Committees Meetings
in fiscal 
Duties and responsibilities Members as of
September 30, 2009
Finance and
Investment
Committee

 decisions
by notational
voting using
written circula-
tions
The Finance and Investment Committee prepares – based on
the Company’s overall strategy, which is the focus of an annu-
al strategy meeting of the Supervisory Board – discussions
and resolutions of the Supervisory Board on questions relat-
ing to the financial situation and structure of the Company as
well as on fixed asset and financial investments. In addition,
the approval of the Finance and Investment Committee –
rather than that of the Supervisory Board – is required for
transactions and measures for which approval is required but
whose value does not equal the amount of € million. The
Finance and Investment Committee also exercises the rights
of the Supervisory Board pursuant to §  of the German
Codetermination Act – namely, to make decisions regarding
the exercise of ownership rights resulting from interests in
other companies. §  () sentence  of the German Codeter-
mination Act sets forth that resolutions made by the Finance
and Investment Committee pursuant to §  of the German
Codetermination Act only require the votes of the shareholder
representatives.
Gerhard Cromme, Dr. iur.
(Chairman)
Lothar Adler
Jean-Louis Beffa
(since April , )
Gerd von Brandenstein
Werner Mönius
(since April , )
Håkan Samuelsson
Dieter Scheitor
Birgit Steinborn
Nominating
Committee
 The Nominating Committee recommends suitable nominees
for election to the Supervisory Board at the Annual Sharehold-
ers’ Meeting.
Gerhard Cromme, Dr. iur.
(Chairman)
Josef Ackermann, Dr. oec.
Hans Michael Gaul, Dr. iur.
Mediation Committee,
§  (), §  () and
() of the German
Codetermination Act
 As stipulated by German law, the Mediation Committee
makes recommendations to the Supervisory Board regarding
the appointment or revocation of appointment of Managing
Board members, if the required two-thirds majority of Super-
visory Board member votes is not obtained on the first ballot.
Gerhard Cromme, Dr. iur.
(Chairman)
Lothar Adler
(since January , )
Ralf Heckmann
(until January , )
Josef Ackermann, Dr. oec.
Berthold Huber