Highly-qualified employees are of key importance for an innovative company such as Continental. Fluctuation can result in the loss of key expertise. We try to commit our qualified technical and management personnel to us by means of incentive programs, performance-based remuneration systems and by offering international development prospects. We attract qualified new recruits by maintaining close contact with universities and running special recruitment programs.

The Continental Corporation operates globally. Some of our employees therefore come from different cultural backgrounds. Risks from deliberate illegal acts by individuals cannot be excluded. We reduce these risks by means of an internal control system that is monitored by the corporate internal audit department and consists of a segregation of functions, dual control, procedural guidelines in force throughout the corporation, and our Code of Conduct. We systematically investigate any possible misconduct.

However the risk cannot be excluded that in particular the recent development of Continental AG, which is primarily characterized by the new major shareholder, could result in the departure of further key management staff. The imminent realignment of the corporation and the organizational and legal separation of the Rubber Group could also give rise to an above-average fluctuation rate.