The SolarWorld Group as an internationally operating group of companies is subject to market, liquidity and default risks within the framework of its business activities with regard to its assets, liabilities and future transactions either fixed or planned. The task and objective of risk management regarding financial instruments is to monitor these risks continuously and to limit them by way of operational and financial measures.

The monitoring of the risks involved lies in the responsibility of the respective board members and managing directors of the subsidiaries who report to the Board of Management of SolarWorld AG on existing and newly emerging risks. For the use and handling of financial instruments there are rules and regulations designed specifically to make sure that no major financial transactions take place without coordination with the Board of Management of SolarWorld AG. Derivative financial instruments are regularly only used for hedging purposes. Apart from this we refer you to the following information on the respective individual risks and the remarks in the  Notes/Principles and Goals of Financial Risk Management.

Financial risks such as price, currency, and interest rate risks arising through our increasing international business are countered by means of general contracts, maturity structures and hedges in line with our risk management.