The business development of Daimler AG is fundamentally subject to the same risks and opportunities as the Daimler Group. Daimler AG generally participates in the risks of its subsidiaries and associated companies in line with the percentage of each holding. The risks are described in the “Risk and Opportunity Report.” For Daimler AG, we assess the probability of occurrence of the risks connected with pension plans as high. These risks increase along with a decreasing discount rate. Charges may additionally arise from relations with subsidiaries and associated companies in connection with statutory or contractual obligations (in particular with regard to financing).