[47] Companies opting for exemption under to Section 264 (4) of the German Commercial Code Audited by KPMG

The following companies, which have been consolidated in these financial statements, have opted for exemption under Section 264 (4) of the German Commercial Code:

      • Merck Pharma GmbH, Darmstadt
      • Chemische Fabrik Lehrte Dr. Andreas Kossel GmbH, Lehrte
      • Merck Selbstmedikation GmbH, Darmstadt