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Letter from the Executive Board Chairman

Dear Sir, dear Madam,

Our employees at Continental are working all over the world to offer our customers the best possible safety and convenience products for driving on the road. Nowadays, the success and competitiveness of a company cannot simply be defined by its growth and profitability: Even the best products are of no use when environmental and social requirements are not taken into account. We are committed to Corporate Social Responsibility (CSR) because corporate activity involves a constructive dialogue with different target groups. This represents a challenge, but it is also an opportunity that we want to use.

Treating people and the environment in a responsible manner plays a fundamental role in our success as a global corporation in the automotive supplier industry. For this reason, it is in the interests of the Corporation to offer and continually improve resource-saving products. We are also convinced that the well-being, skills and motivation of our employees play a decisive role in achieving our economic goals. We are therefore committed, among other things, to active health management, to supporting projects that promote harmony between family and employment, and to providing training and further qualification opportunities which establish a secure basis for the future. As partner to a large number of social groups, we also support projects and campaigns beyond the actual activities of our Corporation - above all in the field of social improvement, safety, education, science and sport. Here, we make systematic use of the potential offered from being a corporate group that is organized in a decentralized manner, with strong levels of responsibility on site.

When producing this first CSR report for Continental AG, we used the international Global Reporting Initiative guidelines (GRI) as a framework. The report covers our corporate regulations and codes of behavior through to projects and measures undertaken by the Continental divisions and locations that have been committed to environmental protection and social responsibility for many years.

To us, achieving sustainability means establishing an acceptable balance between the economic requirements of the Corporation and the valid expectations of our interest groups. At the same time, we are open to ideas and constructive suggestions as to how we can put our corporate responsibility into practice more efficiently and how we can advance changes - for ours is a policy of continuous improvement.

On behalf of the entire Executive Board

Sincerely,

Dr. Karl-Thomas Neumann

Chairman of the Executive Board

CSR, Letter from the Executive Board Chairman, Global Reporting Initiative,
Dr. Karl-Thomas Neumann, Chairman of the Executive Board