Siemens Limited received an order from the Deputy Commissioner of Income-tax, Circle 8(2)(1) with a potential tax demand of INR 293.87 million (approx.) (the 'Order'). After considering this Order, the total cumulative amount involved in on-going litigations and disputes with the Deputy Commissioner of Income- tax, Circle 8(2) as of date is INR 774.76 million (approx.), which exceeds the current materiality threshold of the Company. Assessment year; 2015-16.

Date of receipt of order: 03-May-24. The Company has received an order giving effect to the Mumbai Tribunal order passed under section 254 of the Income-tax Act, 1961 wherein a refund of INR 166.81 million has been determined, which is yet to be received. Assessment year: 2016-17.

Date of receipt of order: 03-May-24. The Company has received an order giving effect to the Mumbai Tribunal order passed under section 254 of the Income-tax Act, 1961 wherein a refund of INR 24.08 million has been determined, which is yet to be received. Date of receipt of order: 17-Jul-24.

Assessment year: 2005-06. The Company has received a rectification order under section 154 of the Income-tax Act, 1961 wherein an amount of INR 290 million is determined as payable by the Company. The Company is in the process of determining the next steps in this regard.

Assessment year: 2006-07. Date of receipt of order: 30-Aug-24. The Company has received an assessment order passed under section 143(3) rws 144C (3) of the Income-tax Act, 1961 wherein an amount of INR 293.87 million has been determined as payable by the Company.

The Company is in the process of determining the next steps in this regard.