Annual Report 2016
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DEPENDENT COMPANY REPORT

The Board of Management has submitted the dependent company report to the Supervisory Board. This concludes with the following declaration: “In accordance with section 312(3) of the AktG [Aktiengesetz – German Public Companies Act], we declare that our company – on the basis of the circumstances known to us at the time when the transactions were made – did not receive adequate compensation for all transactions listed in the dependent company report. Before the end of the financial year, the company was granted a legal title to an adequate benefit as compensation. No measures subject to reporting requirements were undertaken in the financial year.”

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