In the reporting period, the following exchange rates were used for the major currencies of relevance to the Covestro Group:

Closing rates for major currencies
Closing rates
€1/ Mar. 31, 2024 Dec. 31, 2024 Mar. 31, 2025
BRL Brazil 5.40 6.43 6.25
CNY China 7.84 7.63 7.85
HKD Hong Kong1 8.46 8.07 8.41
INR India 90.14 88.93 92.40
JPY Japan 163.45 163.06 161.60
MXN Mexico 17.92 21.55 22.06
USD United States 1.08 1.04 1.08

1 (Special Administration Region, China)

Average rates for major currencies
Average rates
€1/ 1st quarter 2024 1st quarter 2025
BRL Brazil 5.37 6.17
CNY China 7.82 7.66
HKD Hong Kong1 8.49 8.18
INR India 90.20 91.01
JPY Japan 160.97 160.49
MXN Mexico 18.46 21.49
USD United States 1.09 1.05

1 (Special Administration Region, China)