Annual Report 2022

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Report on risks and opportunities

Transparent handling of risks as part of the risk management system

No going concern risks to the Group identified

Exploiting business opportunities important element for sustainable increase in enterprise value

The success of HUGO BOSS is based on the systematic exploitation of opportunities as part of the Group’s “CLAIM 5” growth strategy. The risks and opportunities policy of HUGO BOSS aims at achieving strategic and financial corporate objectives. In addition to pursuing the target of securing the Group’s continuation as a going concern, it primarily aims at successfully implementing the “CLAIM 5” strategy and sustainably increasing enterprise value. The reporting of risks and opportunities in the combined management report refers to a one-year period.