Within the framework of their global operations and as a result of increasingly intense competition, Daimler’s divisions are exposed to a large number of risks which are inextricably linked with their entrepreneurial activities. These entrepreneurial activities consist not least of identifying and utilizing opportunities to secure and enhance the Group’s competitiveness. Effective management and monitoring systems are combined into a uniform risk management system, meeting the requirements of applicable law and subject to continuous improvement, which is employed for the early detection, evaluation and management of risks.

The risk management system is integrated into the Group’s value-based management and planning system. It is an integral part of the overall planning, monitoring and reporting process in all relevant legal entities and central functions, and aims to systematically identify, assess, monitor and document risks.

A detailed description of the risk management system of Daimler is available in our interactive annual report 2008 under Risk management system.

Additional information on the current assessment of opportunities and risks can be found in our Interim reports on the 1st, 2nd or 3rd quarter.