Strange Alarm Siren Issue

Well, just over a year into my ownership experience with my 2011 E92 M3, a little problem has showed up. My alarm appears to be activating based on the clown nose blinking, but I no longer get the chip sound nor will I get the siren sound when I press the panic button (still get lights flashing). Worked fine up until last week and it just stopped.



Other than this, the car has been more solid than my E46!!! (knocking on wood)



Any clues? My guess is a bad connector or fuse, but it just seems strange.



Thanks guys.