AMENDMENT NO. 1 TO DEPOSIT AGREEMENTDeposit Agreement • May 16th, 2014 • Deutsche Bank Trust Co Americas/ ADR Group • Electronic & other electrical equipment (no computer equip) • New York
AMENDMENT NO. 1 dated as of May , 2014 (the "Amendment") to the Amended and Restated Deposit Agreement, dated as of February 28, 2012 (the "Deposit Agreement"), as amended, by and among Siemens Aktiengesellschaft, a company incorporated under the laws of the Federal Republic of Germany (the "Company") , Deutsche Bank Trust Company Americas, as depositary (the "Depositary"), and all Holders and Beneficial Owners from time to time of American Depositary Receipts ("ADR") issued thereunder.
