Overview

The Management’s Report comprises the chapter of the same name, as well as the disclosures required by takeover law, the Compensation Report and the Declaration of Corporate Governance, which are presented in the Corporate Governance chapter. The Nonfinancial Statement (NFS) is integrated into the Management’s Report.

Compensation Report and disclosures in accordance with section 315a HGB

The Compensation Report including the description of the principles of the compensation system in accordance with section 315a(2) HGB can be found in the Corporate Governance chapter, and the disclosures in accordance with section 315a(1) HGB (takeover-related disclosures). They form part of the Management’s Report, which is audited as part of the audit of the annual financial statements.

Consolidated Declaration of Corporate Governance in accordance with section 315d HGB in connection with section 289f HGB

The Consolidated Declaration of Corporate Governance in accordance with section 315d HGB in connection with section 289f HGB can be found in the Corporate Governance chapter and is a component of the Management’s Report. It comprises:

  • The Corporate Governance Report including the description of the diversity concept for the composition of the Board of Executive Directors and the Supervisory Board (excluding the disclosures required by takeover law in accordance with section 315a(1) HGB)
  • Compliance reporting
  • The Declaration of Conformity pursuant to section 161 of the German Stock Corporation Act

Pursuant to section 317(2) sentence 6 HGB, the auditor checked that the disclosures according to section 315d HGB were made.

Further information

The following symbols indicate important information:

 
The content of this section is not part of the statutory audit of the annual financial statements but has undergone a separate audit with limited assurance by our auditor.

 
The content of this section is voluntary, unaudited information, which was critically read by the auditor.