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Overall assessment of Schaeffler Group opportunities and risks

The Board of Managing Directors estimates that the Schaeffler Group’s situation with respect to risks has deteriorated compared to the prior year. This change is due to new risks being included and a change in the assessed impact of certain medium and high risks.

In addition to the specific risks described in the group management report, unexpected developments significantly damaging or harming the company’s production process, customer relationship, or reputation can occur at any time.

The overall assessment of the significant opportunities and risks does not indicate any risks which, either individually or in combination with other risks, jeopardize the company’s continued existence as a going concern.

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