The established risk management and internal control system is fundamental for assessing the overall risk position of the Fresenius Group. Potential risks for Fresenius include factors beyond our direct control. These also include the macroeconomic development, which we constantly monitor. They also include factors immediately within our control, such as operating risks, which we anticipate at as early a stage as possible and to which we react with appropriate mitigating measures, as required.

In synopsis, there are currently no recognizable risks that appear to present a long-term and significant threat to the Fresenius Group's assets, liabilities, financial position and financial performance. The overall risk position is fully covered by the Fresenius Group's risk-bearing capacity.

We have created organizational structures that provide all the conditions needed to rapidly alert us to possible risk situations and enable us to take suitable mitigating measures.