Siemens 2012 Annual Report Download - page 325

135 D. Consolidated Financial Statements 239 E. Additional Information
140 D. Consolidated Statements of Changes in Equity
142 D. Notes to Consolidated Financial Statements
232 D. Supervisory Board and Managing Board
136 D. Consolidated Statements of Income
137 D. Consolidated Statements of Comprehensive Income
138 D. Consolidated Statements of Financial Position
139 D. Consolidated Statements of Cash Flow

Committees Meetings
in fiscal 
Duties and responsibilities Members
as of September , 
Finance and
Investment
Committee

 decisions by
notational
voting using
written
circulations
The duties of the Finance and Investment Committee include
laying the groundwork – on the basis of the Company’s overall
strategy, which is the subject of an annual strategy meeting of
the Supervisory Board – for the Supervisory Board’s nego-
tiations and decisions regarding the Company’s financial
situation and structure, its investments in property, plant and
equipment and its financial investments. In addition, the Com-
mittee decides on behalf of the Supervisory Board whether to
approve business transactions requiring Super visory Board
approval that have a value of less than € million. It also
exercises the Supervisory Board’s rights under Section  of
the German Codetermination Act to make decisions regarding
the exercise of ownership rights resulting from interests in
other companies. Decisions of the Finance and Investment
Committee under Section  of the Act are made only by the
Committee’s shareholder representatives.
Gerhard Cromme, Dr. iur.
(Chairman)
Lothar Adler
Jean-Louis Beffa
Gerd von Brandenstein
Jürgen Kerner
Werner Mönius
Håkan Samuelsson
Birgit Steinborn
Nominating
Committee
 The Nominating Committee makes recommendations to the
Supervisory Board’s shareholder representatives regarding
the candidates for the office of Supervisory Board shareholder
representative to be proposed for election by the Annual
Shareholders’ Meeting.
Gerhard Cromme, Dr. iur.
(Chairman)
Josef Ackermann, Dr. oec.
Hans Michael Gaul, Dr. iur.
Mediation
Committee,
under Section 
para.  and Section
 para.  and 
of the German
Codetermination
Act
 The Mediation Committee, whose establishment is mandato-
ry under German law, makes recommendations to the Super-
visory Board regarding the appointment and revocation of the
appointment of Managing Board members if the Supervisory
Board has not approved these appointments and / or revo-
cations by the required two-thirds majority on the first vote.
Gerhard Cromme, Dr. iur.
(Chairman)
Josef Ackermann, Dr. oec.
Lothar Adler
Berthold Huber
Further information on corporate governance at Siemens is available at
../-