Siemens Healthineers

- Market site public notice named "Siemens Healthineers Ltd." with a Seoul address. - Corporate report on siemens.com listed "Siemens Healthineers Ltd., Seoul / Korea" confirming local presence. - Official Korea homepage was used as the regional market site presenting local contracting identity.

Siemens Healthineers' annual report (consolidated financial statements / subsidiaries list) shows Siemens Healthineers Ltd., Seoul as a 100% subsidiary of Siemens Healthineers AG (see Siemens Healthineers Annual Report, subsidiaries list). Source: https://cdn0.scrvt.com/0e46935d037de4ec3888566275864b37/df1896911b345f04/bc8ba64c5954/Siemens_Healthineers_Annual-Report_2021.pdf

- No official revenue figure was found for Siemens Healthineers Ltd., Seoul, from primary statutory sources for 2026. - Local aggregator sources, Incruit and DailyPharm, reported a revenue of KRW 740.4 billion for the Korea entity for fiscal year 2025. - The KRW 740.4 billion figure was converted to USD using an assumed average 2025 exchange rate of 1,255 KRW/USD, resulting in approximately USD 590 million. - A modest growth rate of 3% was applied to the 2025 USD figure to estimate the 2026 revenue, aligning with mid-single-digit group/region trends. - The estimated revenue of USD 608 million for 2026 is considered a proxy due to the absence of official statutory filings.

- Official company presentation (Siemens Korea, PDF) - Feb 2025 / As-of 2024-09-30 - Shows Siemens Korea total employees 2,240 (group-level); establishes Korea-wide workforce ceiling and confirms Healthineers presence - Third-party data aggregator - 2026 - Lists Siemens Healthineers Ltd., Seoul headcount 993 (entity-level); used as the best direct entity estimate in absence of an official subsidiary filing - LinkedIn company profile (dataset snapshot) - 2026 - Reports 385 Siemens Healthineers employees located in South Korea and global headcount 50,565; treated as a conservative lower-bound/floor due to undercounting on LinkedIn - Recency / material change - 2024–2026 - Group-level official data is Sep 30, 2024; third-party entity figure is 2026; no public evidence of major Korea restructurings that would make 2026 entity estimate implausible - Uncertainties / caveats - 2026 - No official Korea-subsidiary payroll figure found; third-party aggregator figures may vary in methodology (may include/exclude contractors); final pick (993) balances entity-level third-party data with official group ceiling and LinkedIn floor

- The target entity is Siemens Healthineers, and its primary operational location is identified as Erlangen, Germany. - The official Siemens Healthineers website and press materials explicitly state Erlangen as the corporate headquarters. - Regional operational hubs in Singapore, Riyadh, and the local legal entity in Seoul are considered secondary or regional presences, not the primary operational headquarters. - The Forchheim address is noted as a secondary corporate address but not the primary operational hub.