Siemens Financial Services, SFS www.siemens.com/finance-publications ............................................................................................................................................................. 3 ............................................................................................................................... 4 .............................................................................................................................................. 4 .............................................................................................................................................. 5 — ........................................................................................................................ 8 — ............................................................................................... 9 ........................................................................................................................................ 10 ........................................................................................................................................................... 11 ............................................................................................................................................................11 2 11 80 OEM 84% 64% “ ” 68% 2020 61% 3 11 ”1 …… 2 3 4 630 50-249 5 2004-2008 7% 6 1 2 PMI 3 4 5 6 2012 2013 5 2013 2012 6 3 7 2013 2012 6 1 IPEDR Joaobing 2011 Yuanyi 11 7 7 A Silbert 2011 4 11 2008-2011 5 11 2007-2012 % 2007-2012 % UKTI 7 5 3300 2 2016 7100 2 6200 8 2012 120 67 7 8 MIA 98 40 78 2012 7 6 2013 6 11 SEZ 2020 9 2009 2010 2011 SMAF 10 9 FDI 2013 2 13 10 — http://ec.europa.eu/enterprise/policies/finance/data/enterprise-financeindex/situations-in-member-states/pl/ 7 11 — VSD ” 25% 50% ” ” 8 11 — 80 55% ” 84% 64% 68% 2020 ” 61% 55% 9 11 10 11 2020 2013 80 OEM MindMetre Research www.mindmetre.com 11 11