100 % FUTURE - ALNO

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The internal controlling and risk management system relating to the accounting processes, whose
key characteristics were described above, ensures that business matters are reported, prepared
and assessed correctly in balance sheet terms, and are transferred on this basis to the external
accounting. The clear organizational, corporate, and controlling and supervisory structures, and the
sufficient equipping of the accounting function in terms of both personnel and materials, create the
basis that allows the areas involved to work efficiently on the accounts. Clear legal and companyinternal
rules and guidelines ensure that the accounting process is standardized and proper. The
clearly defined checking mechanisms within the areas that are involved in accounting, checks by
the controlling function, and early risk identification by the risk management function, ensure that
accounting is both free of errors and coherent.
ALNO AG’s internal controlling and risk management system ensures that accounting at ALNO AG
and that all companies included in the consolidated financial statements occurs on a standardized
basis, and complies with statutory and legal requirements, as well as internal guidelines. In particular,
the standard Group risk management system, which fully complies with statutory requirements,
has the task of identifying risks at the right time, of measuring them, and of communicating them
appropriately. This allows appropriate, relevant and reliable information to the provided promptly to
the recipients of the reports.
IV. BASIC ASPECTS OF THE REMUNERATION SYSTEM PURSUANT TO SECTIONS 289 (2) NO. 5
AND 315 (2) NO. 4 OF THE GERMAN COMMERCIAL CODE (HGB)
The total remuneration of Managing Board members complies with the statutory requirements of the
German Stock Corporation Act (AktG). Managing Board members received fix compensation, which
also includes benefits in kind, particularly the provision of company cars. The fixed components
ensure basic compensation that allows Managing Board members to orientate their official duties to
the well-understood interests of the company, and to the duties of a proper businessman, without
depending on purely short-term profit targets. Employment contracts also include variable special
compensation that depends on the company’s financial results.
The remuneration report, which is included in the notes to the single-entity annual financial statements
according to the German Commercial Code (HGB), and in the notes to the IFRS consolidated
financial statements, includes more details, including individualized compensation. The remuneration
report forms part of the management report.
V. REPORT ON DEPENDENT COMPANIES
The Managing Board has prepared the report concerning relations between ALNO AG and associated
companies (report on dependent companies) for the 2010 fiscal year, and has presented it to
the auditor. The Managing Board declares that, in the case of legal transactions listed in the report
concerning relations with associated companies, the company received an appropriate consideration
for each legal transaction according to the circumstances that were known at the time when the
legal transactions were performed.
Düsseldorf, May 30, 2011
ALNO Aktiengesellschaft
The Managing Board