1. General Information

Covestro⁠ ⁠AG (registered at the district trade register, or Amtsgericht, for Cologne, number: HRB 85281) is a stock exchange-listed corporation headquartered at Kaiser-Wilhelm-Allee 60, 51373⁠ ⁠Leverkusen⁠ ⁠(Germany), (Covestro⁠ ⁠AG). Its parent company is ADNOC International Germany Holding⁠ ⁠AG, Munich⁠ ⁠(Germany), and its ultimate parent company is Abu Dhabi National Oil Company (ADNOC) P.J.S.C., Abu Dhabi⁠ ⁠(United Arab Emirates). The consolidated financial statements of Covestro⁠ ⁠AG as of December⁠ ⁠31,⁠ ⁠2025, cover Covestro⁠ ⁠AG and its subsidiaries, joint arrangements and associated companies. They have been prepared according to the International Financial Reporting Standards (IFRSs) of the International Accounting Standards Board (IASB), London (United Kingdom), as endorsed by the European Union (EU) and in effect at the reporting date, the Interpretations (IFRICs) of the IFRS Interpretations Committee (IFRS IC) and the Interpretations published by the Standing Interpretations Committee (SIC), as well as the additional requirements of German commercial law pursuant to Section 315e (1) of the German Commercial Code (HGB) for the exempting IFRS consolidated financial statements.

The declaration pertaining to the German Corporate Governance Code pursuant to Section 161 of the German Stock Corporation Act (AktG) has been issued and made available to the shareholders.

If certain items in the income statement, statement of comprehensive income, statement of financial position, statement of cash flows and statement of changes in equity of the Covestro Group are condensed for the sake of clarity, this is explained in the notes. The income statement has been prepared using the cost-of-sales method. Assets and liabilities are classified by maturity. They are classified as current if they mature or are intended for sale within one year or within the normal business cycle of the Covestro Group. Trade accounts receivable and payable, inventories, and assets held for sale are consistently presented as current. Deferred tax assets, deferred tax liabilities and pension provisions are consistently presented as noncurrent.

The consolidated financial statements are drawn up in euros. Amounts are stated in millions of euros (€ million) unless otherwise noted.

The Board of Management of Covestro⁠ ⁠AG prepared the consolidated financial statements as of December⁠ ⁠31,⁠ ⁠2025, on February⁠ ⁠20,⁠ ⁠2026, submitted the prepared consolidated financial statements to the Audit Committee and the Supervisory Board for examination and approval, and authorized their publication.

Exchange Rates

In the reporting period, the following exchange rates were used for the major currencies of relevance from the Covestro Group’s perspective:

¹ Special Administrative Region (China)

¹ Special Administrative Region (China)