described under Water screw pump gear units page B4-VV-8-D Bevel-helical speed reduction gearbox B4

Flender/Flender Gear Units/Bevel-helical speed reduction gearbox B4

tal transformations of our business. These include our new partnership in Berlin, where we plan to advance digital manufacturing and efficient automation in our car production, using more sustainable and more energy -efficient production methods in our Merc edes Benz plants. One thing is certain: Having Siemens as partner at our side is an important asset in becoming an even better, fully digital and holistically sustainable company.] One of the oldest Mercedes plants is located in Marienfelde, locality Berlin. Were working together to transform this plant into one of the most modern facilities. Our colleagues are helping improve the carbon footprint of the factory buildings. Theyre digitalizing the production processes. And theyre helping to upskill the workforce. Mercedes is getting all this from single source from Siemens. All these examples show how the world is becoming increasingly digitalized and sustainable. And how Siemens is benefiting from this transformation. We identified these megatr ends at an early stage and positioned ourselves strategically. Since 2, weve invested 1 billion in purchasing software companies as bolt -on acquisitions that perfectly complement our offerings. Theyve strengthened our position as technology leader for industrial software. Speech by Roland Busch to the Annual Shareholders Meetin 2 Seite 8 von 1 And early on, we started offering ou customers solutions that they can use to reduce emissions and conserve resources. More on that in moment. The important thing is: Weve put our money on the right trends, and were accelerating our high-value growth with bolt-on acquisitions that com plement our offerings, new technologies and business models, plus strong partnerships in our ecosystem. Lets look first at our targeted acquisitions: Supplyframe operates digital marketplace that aligns supply and demand for electronic components. Manu facturers, suppliers and buyers work toget