General Basis for Preparation of the Non-Financial Statement

With this statement, Beiersdorf provides information on material sustainability matters within the Management Report. The Non-Financial Statement (NFS) was prepared in accordance with §§ 289b ff. Handelsgesetzbuch (German Commercial Code, HGB) as well as 315b to 315c HGB and thus represents the combined NFS of the Beiersdorf Group and Beiersdorf AG as the parent company. Unless otherwise stated, the qualitative information regarding the Consumer Business Segment also applies to Beiersdorf AG. The results of the concepts for Beiersdorf AG are comparable to the presentation for the Consumer Business Segment.

Beiersdorf reports partially in accordance with the first set of the “European Sustainability Reporting Standards” (ESRS) as a framework for non-financial reporting in accordance with § 315c HGB in conjunction with § 289d HGB. This means that not all components of our NFS were prepared in compliance with the ESRS. An overview of all disclosure requirements included in the NFS is provided in “Annex A.” This shows which disclosure requirements have been fully or partially implemented. All applicable phase-in options are used, including the provisions of the “Quick-fix Delegated Act.” Accordingly, consolidated reporting is provided in the chapters ESRS S2, S3, and S4. Previous year’s figures are generally not reported; exceptions apply to the emissions and energy metrics in ESRS E1 as well as specific targets in ESRS S1. For the NFS relating to Beiersdorf AG pursuant to § 289b HGB, we did not apply a framework. For our stakeholders, a (at least partially ESRS-compliant) NFS at Group level is relevant.

Beiersdorf reports in accordance with Article 8 of the EU Taxonomy Regulation on turnover, capital expenditure, and operating expenditure associated with environmentally sustainable activities.

The scope of consolidation of the NFS is the same as that for the Annual Report (see “Notes to the Consolidated Financial Statements”) with the exceptions of our joint venture NIVEA-Kao, our majority shareholding S-Biomedic, and the Chantecaille, La Prairie, and Coppertone brands. Deviations exist in chapters ESRS E1, ESRS E2, ESRS E5, ESRS S1, ESRS S2, and ESRS G1. The corporate entities mentioned are partially included in the figures there. These discrepancies are explained at the appropriate points in the report. The metrics reported under ESRS E3 refer solely to our production sites.

In the materiality assessment, impacts, risks, and opportunities in own operations and along the upstream and downstream value chain have been considered. A detailed overview of the positive and negative impacts, financial risks, and opportunities identified as material is provided in the respective topic chapters. There are no material risks arising from our own business activities, or from our business relationships, products, and services, that are very likely to have severe negative impacts on the non-financial aspects pursuant to § 289c HGB.

Policies, actions, targets, and metrics relating to the material topics are presented in the following chapters. Whether these concern own operations or the upstream and/or downstream value chain depends on the materiality assessment of the respective sustainability matter and its location in the value chain.

The reported key figures were validated solely by our auditing firm as part of the limited assurance engagement for our NFS and were not audited by any additional external party.

The safeguard clause is not applicable; no information on intellectual property, know-how, or results of innovation has been omitted.