Epstein Secrets

g so much effort? Because of a demanding and steadily growing group of customers—not the children themselves, but their parents. From Shanghai to Sao Paulo, a growing middle class with increasing disposable income is buying more and more modern diapers that promise dry baby bottoms, quieter nights and

ons taken at committee meetings. The Supervisory Board therefore always had extensive and well-founded information on all matters of significance in the Evonik Group. At its meeting in March, the Supervisory Board focused on examining the annual financial state- ments, which had first been considered in detail by

Evonik Degussa Antwerpen . Antwerp (Belgium) 100.00 Evonik Degussa Argentina S.A. Buenos Aires (Argentina) 100.00 Evonik Degussa Brasil Ltda. Sao Paulo (Brazil) 100.00 Evonik Degussa Carbons, Inc. Wilmington (Delaware, USA) 100.00 Evonik Degussa Chile S.A. Santiago (Chile) 99.99 Evonik Deguss

ting, for example, from legal disputes such as claims for compensation, and from administrative proceedings and fines. In its operating busi- ness, the Evonik Group is exposed to liability risks, especially in connection with product liability, patent law, tax law, com- petition law, antitrust law and environmen

Industries a) Citigroup Global Markets Deutschland AG Solar Tower Technologies AG (until July 31, 2015) b) CERONA Companhia de Energia Renovavel, Sao Paulo (Brazil) OSF Merchant Banking, Sao Paulo (Brazil) Perstorp Holding AB, Malm0 (Sweden) Dr. Christian Wildmoser, Surpierre (Switzerland) Managing D

PPLEMENTARY INFORMATION Independent Auditor's Report Report on the Group Management Report We have audited the accompanying management report for the Evonik Group, which is combined with the management report of the company, Evonik Industries AG, Essen, for the business year from January 1 to December 31, 201