Evaluation of Overall Risk

WACKER’s risk management system serves as the basis for the Executive Board to estimate the overall risk situation. The system assesses every risk indicated by our divisions, corporate departments and regional entities. It is regularly reviewed by the Group’s management. Our goal is to further optimize risk management to detect and counter potential risks even more rapidly.

We consider the above-mentioned risks to be manageable. As per this report’s publication date, the Executive Board does not see any individual or aggregate risk that could endanger WACKER’s future in any material way. The overall risk situation has improved compared to a year earlier thanks to the strong economic rebound in 2010. We remain confident that WACKER is strategically and financially so well-positioned that we can take advantage of any opportunities that arise.