Siemens mobilizes regional network in relief campaign for employees in Thailand

With an estimated 3.1 million people affected and a quarter of Thailand’s 77 provinces underwater, Siemens is responding to the flood crisis today with a campaign to lend aid to its affected employees in Thailand. The ‘Siemens Peers-for-Peers’ program carried out for the first time the ASEAN-Pacific Cluster is an opportunity for Siemens employees to support their colleagues who have been hit by the unprecedented floods in Thailand. This comes on the heel of two financial aid schemes launched by the company last month for affected employees.

Currently, the homes of more than 220 employees at Siemens Thailand are either damaged by the floodwater or submerged. Sewerage problems, food and water shortages as well as water borne diseases remain a huge problem, raising concerns over relief efforts and supply of resources.

The ‘Siemens Peers-for-Peers’ donation campaign will lobby for cash donations from Siemens’ regional network of offices in the ASEAN, Pacific countries and South Korea, which has 18,000 employees. Staff will also be provided with regular news updates via an internal web portal, which features interviews, essential contact information, and details on the campaign.

Last month, Siemens Thailand provided post-flood assistance through two separate initiatives. The first is an immediate company grant of 10,000 Baht (S$420) to employees who have been impacted by the natural disaster, while the other is a Flood-Advance sum of 120,000 Baht (S$5,000), or an amount equal to three times their monthly salaries, for those who need a cash advance to tide them over this difficult period.

Siemens Thailand has also made contributions to the Thailand Red Cross society with the donation of three sets of mobile water treatment units (SM1 Auto Ultra Filtration Membrane technology) to assist in the treatment of wastewater from the floods. The units are each fully equipped to treat approximately 25,000 litres per day.

Mr Lothar Herrmann, CEO of Siemens ASEAN-Pacific Cluster, said: “This crisis has devastated many homes in Thailand and our hearts go out to all the flood victims and their families. We strongly believe in caring for our employees at Siemens. Therefore, through this ‘Peers-for-Peers’ campaign, we hope to provide fast and immediate relief by galvanising our Siemens network to lend a hand and help our fellow colleagues rebuild their lives and homes.”

“At the same time, we are committed to contributing aid to the communities in which we operate,” he added.

Siemens’ operations in Thailand have remained unaffected by the floods to date, and there are currently 1,200 employees working at Siemens Thailand.

Siemens AG (Berlin and Munich) is a global powerhouse in electronics and electrical engineering, operating in the fields of industry, energy and healthcare as well as providing infrastructure solutions, primarily for cities and metropolitan areas. For over 160 years, Siemens has stood for technological excellence, innovation, quality, reliability and internationality. The company is the world’s largest provider of environmental technologies. Around 40 percent of its total revenue stems from green products and solutions. In fiscal 2011, which ended on September 30, 2011, revenue from continuing operations totaled €73.5 billion and net income from continuing operations €7.0 billion. At the end of September 2011, Siemens had around 360,000 employees worldwide on the basis of continuing operations. The ASEAN-Pacific Cluster has 18,000 employees. Further information is available on the Internet at: www.siemens.com.

Disclaimer

Any statements in this document that are not historical facts are forward-looking statements that involve risks and uncertainties; actual results may differ from the forward-looking statements. Siemens undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

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