Updates

2nd July 2026 National Stock Exchange of India Limited BSE Limited Scrip Code – National Stock Exchange of India Limited: SIEMENS EQ BSE Limited: 500550 Sub: Communication in respect of TDS on Dividend Dear Sir / Madam, Please find below attached communication sent to all Members of the Company regarding deduction of tax on Dividend (if declared) for the Financial Year ended 31st March 2026. The aforesaid information is also being made available on the website of the Company at: https://www.siemens.com/en-gb/company/investor-relations-india/notices-announcements/ This is for your information and records please. Yours faithfully, For Siemens Limited Ketan Thaker Company Secretary Siemens Limited Dr Annie Besant Rd. Tel.: +91 22 6251 2191 Management: Sunil Mathur 400030 Mumbai www.siemens.com INDIA Registered Office: Birla Aurora, Level 21, Plot No. 1080, Dr. Annie Besant Road, Worli, Mumbai – 400030; Corporate Identity number: L28920MH1957PLC010839; Tel.: +91 22 6251 7000; Fax: +91 22 2436 2404; Contact / Email: www.siemens.co.in/contact; Website: www.siemens.co.in. Sales Offices: Ahmedabad, Bengaluru, Chennai, Gurugram, Hyderabad, Kolkata, Mumbai, Nagpur, Kalwa, Puducherry, Pune, Vadodara. THIS COMMUNICATION IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION Dear Member(s), We hope this communication finds you safe and in good health. As you may be aware, the Board of Directors of the Company (Siemens Limited) at its meeting held on May 26, 2026, has recommended a dividend of Rs. 18/- per equity share of Rs. 2/- each for the eighteen months Financial Year ended March 31, 2026. The dividend, as recommended by the Board of Directors, if approved at the ensuing Annual General Meeting (“AGM”), will be paid to the Members holding equity shares of the Company as on Record Date. The Record Date will be announced by the Company in due course. As per the Income-tax Act, 2025 (“Act”), the Company is required to deduct tax at source at the time of payment of the dividend, if declared, at the ensuing AGM of the Company. This communication provides a brief of the applicable Tax Deduction at Source (“TDS”) provisions under the Act. Accordingly, in order to enable us to determine the appropriate withholding tax rate applicable, we request you to provide prescribed details and documents as mentioned below latest by Wednesday, July 29, 2026. PAYMENT OF DIVIDEND The dividend on equity shares for the Financial Year ended March 31, 2026, once declared by the Members of the Company at the ensuing AGM, will be paid after deducting TDS as per details provided in below pages: Sr. Index Refer Page No. 1 Resident Members (Individuals) 02 & 05(For form) 2 Resident Members (Non- Individuals) 02 & 09 (For form) 3 Non-resident Members (all categories) 02 & 11 (For form) 4 Higher TDS – Non linking of AADHAAR 03 5 Multiple accounts / different status 03 6 Updation of KYC including Bank Account details 03 SUBMISSION OF TAX RELATED DOCUMENTS: Members are requested to send the scanned copies of the aforesaid documents at the e-mail id: csgexemptforms2627@ in.mpms.mufg.com These documents should reach us latest by Wednesday, July 29, 2026 in order to enable the Company to determine and deduct appropriate TDS rate. No communication on the tax determination / deduction shall be entertained post, Wednesday, July 29, 2026. It may be further noted that in case the tax on said dividend is deducted at a higher rate in the absence of receipt of the aforementioned details/ documents from you, there would still be an option available with you to file the income-tax return and claim an appropriate refund, if eligible. We seek your co-operation and timely submission of documents, for further actions at our end. Thanking you, For Siemens Limited Ketan Thaker Company Secretary ACS: 16250 Date: June 30, 2026 Disclaimer: This communication shall not be treated as an advice on tax matters, from the Company or its Registrar & Share Transfer Agent. Enclosure: as above A. FOR RESIDENT MEMBERS: Tax is required to be deducted at source under Section 393(1) Table Sl. No. 7 of the Act, at 10% on the amount of dividend where Members have registered their valid Permanent Account Number (“PAN”). In case Members do not have PAN / have invalid PAN (due to non-linking of AADHAR)/ have not registered their valid PAN details in their folio / demat account, TDS at the rate of 20% shall be deducted under Section 397(2) of the Act, subject to the following and adjust in above line. i. Resident Individuals: No tax shall be deducted on the dividend payable to the following Resident Individuals where - • Total dividend paid is up to Rs. 10,000/- during Tax Year (TY) 2026-27 as per Section 393(4) Table Sl. No. 10. • In case they provide Form 121 (please refer Annexure 1 being the format of Form 121), provided that all the required eligibility conditions are met. The duly filled up and signed form (along with all relevant information) shall be preferably submitted through your e-mail ID. Format of Form 121 is enclosed as Annexure 1. Please note that all the fields mentioned in Form 121 are mandatory and Company may reject the form submitted if it does not fulfil the requirement of the Act. ii. Resident Non-Individuals: No tax shall be deducted on the dividend payable to the following Resident Non-Individual Members where they provide details and documents as per the format enclosed in Annexure 2. • Insurance Companies: Self-declaration that it has full beneficial interest with respect to the equity shares owned by it along with self-attested copy of PAN card. • Mutual Funds: Self-declaration that they are specified in Schedule VII (Table: Sl. No. 20 or 21) read with Section 11 of the Act along with self-attested copy of PAN card and registration certificate. • Alternative Investment Fund (AIF): Self-declaration that its income is exempt under Schedule V [Table: Sl. No. 1] read with Section 11 of the Act and they are governed by SEBI regulations as Category I or Category II AIF along with self-attested copy of the PAN card and registration certificate. • National Pension System Trust: Declaration along with self-attested copy of documentary evidence supporting the exemption and self-attested copy of PAN card. • Other Non-Individual Members: Self-attested copy of documentary evidence supporting the exemption along with self-attested copy of PAN card. iii. In case Members (Individuals or Non-Individuals) provide certificate under Section 395(1), for lower / NIL withholding of taxes, the rate specified in the said certificate shall be considered, on submission of self- attested copy of the certificate. The Resident Non-Individual Members i.e. Insurance companies, Mutual Funds and Alternative Investment Fund (AIF) established in India may alternatively submit the relevant forms / declarations / documents through their respective custodian who are registered on NSDL platform, on or before the aforesaid timelines. B. FOR NON-RESIDENT MEMBERS [including Foreign Institutional Investors (“FII”) and Foreign Portfolio Investors (“FPI”)]: i. Taxes are required to be withheld in accordance with the provisions of Section 393(2) [Table Sl. No 17] of the Act, as per the applicable rates. As per the relevant provisions of the Act, the TDS shall be at the rate of 20% (plus applicable surcharge and cess) on the amount of dividend payable to Non-Resident Members. In case Non- Resident Members provide a certificate issued under Section 395(1) of the Act for lower/ Nil withholding of taxes, the rate specified in the said certificate shall be considered, on submission of self-attested copy of the certificate. ii. Further, as per Section 159 of the Act, the Non-Resident Member has the option to be governed by the provisions of the Double Tax Avoidance Treaty (“Tax Treaty”) between India and the country of tax residence of the Member. The Non-Resident Members are required to provide the following to avail Tax Treaty benefits: • Self-attested copy [Showing first 8,000 characters — download PDF for full document]