Notice of unaudited sections in the Combined Management Report of United Internet AG for the Company and the Group as of December 31, 2020
In addition to regular management report disclosures, it is possible that reporting may also include non-management report-related disclosures (those not required by law) which are not subject to a substantive audit by the auditor. Moreover, certain information may not be verifiable by the auditor: such “non-auditable information” cannot be assessed by the auditor due to the nature of the disclosures or the absence of suitable criteria.
In the Combined Management Report of United Internet AG for the Company and the Group as of December 31, 2020, the following chapters or disclosures were identified as “non-audited management report disclosures”:
- The disclosures made in the subsection “1.4 Main focus areas for products and innovations” are “non-audited management report disclosures”, as the content of “non-management report-related disclosures” is not audited.
- The “quarterly development” tables contained in the subsections “2.2 Business development” and “2.3 Position of the Group” with key financial figures on a quarterly basis for the segments and the Group are “non-audited management report disclosures” as United Internet does not subject its Interim Financial Statements to a review or audit.
- The disclosures made in chapter “7. Declaration on Company Management” are “non-audited management report disclosures” as an audit of the disclosures contained in the Declaration on Company Management in accordance with section 317 (2) sentence 6 HGB is limited to the fact that the information has been provided and the Corporate Governance Report in chapter 7 constitutes a “non-management report-related disclosure” which is not subject to a substantive audit.