The following domestic subsidiaries exercise the right of exemption under Section 264 (3) HGB in respect of the disclosure of their annual accounts and the preparation of the management report and notes for financial year 2020:
MAX Management GmbH, Dusseldorf
ELWEMA Automotive GmbH, Ellwangen
MA micro automation GmbH, St. Leon-Rot
AIM Micro Systems GmbH, Triptis
iNDAT Robotics GmbH, Ginsheim-Gustavsburg
bdtronic GmbH, Weikersheim
IWM Automation GmbH, Porta Westfalica
NSM Magnettechnik GmbH, Olfen-Vinnum
Mess- und Regeltechnik Jücker GmbH, Dillingen
Vecoplan AG, Bad Marienberg
In addition, if they were obliged to prepare subgroup financial statements, the companies make use of the exemption provision of Section 291 of the German Commercial Code (HGB), since they are included as a subsidiary in the IFRS Consolidated Financial Statements of MAX Automation SE, Dusseldorf.
MAX Automation SE publishes its Consolidated Financial Statements for the year and its Group Management Report in the Federal Gazette (Bundesanzeiger), duly exempting these companies from this duty.
Dusseldorf, 12 March 2021
The Managing Directors
Dr. Christian Diekmann Werner Berens Dr. Guido Hild Patrick Vandenrhijn