Non-financial statement

Pursuant to Section 289 of the German Commercial Code (HGB), large and capital market-oriented companies must submit an annual “non-financial statement” as of financial year 2017. In addition to a brief description of the business model, the statement needs to address environmental, employee, and social concerns, respect for human rights, and anti-corruption as well as anti-bribery measures. The non-financial statement can be part of the management report or part of the sustainability report, provided that it meets the standard requirements (GRI or IIRC) for integrated reporting.