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Software AG GB 2013. englisch

We also fully comply with the Act on Electronic Commercial Registers, Registers of Cooperatives, and Business Registers (EHUG), which came into force on January 1, 2007, by send- ing the operator of the electronic version of the Federal Gazette all documents requiring publication in electronic form as prescribed by the Act. All ad hoc disclosures, press releases, as well as presenta- tions given at press and analysts’ conferences and road shows are published promptly to the Investor Relations section on the website of Software AG (www.softwareag. com/corporate/inv_rel/). The corresponding dates can be found in our financial calendar, which is also published on our website. Software AG commissions an independent consulting firm to carry out an annual study evaluating how investors and financial analysts perceive our financial communication. Criticism and suggestions provide motivation for further im- provement. The most recent study, conducted in October 2013, resulted in a good overall rating. Opportunities and risks Software AG deals with risks and opportunities responsibly, aided by a comprehensive opportunity and risk management process that identifies and monitors all significant risks and opportunities. It is consistently refined and adjusted to cor- respond to changing conditions. We have presented our risk management concept in the Risk and Opportunity Report in this Annual Report. Opportunities that are strategic to the Company are described in the Outlook section of the Man- agement Report. Please refer to the Notes for information on our consolidated financial reporting. Changing voting shares (Disclosure pursuant to Section 26 (1) of the Securities Trading Act [WpHG]) For information on Software AG’s shareholder structure, please refer to the section on the Software AG share. Dis- closures on changes to voting shares in fiscal 2013 pursuant to Section 26 (1) of the Securities Trading Act (WpHG) are published on the Software AG website (www.softwareag. com/corporate/inv_rel/stockinfo/wphg/). Software AG | Annual Report 2013 44 Letter from the Management Board About Software AG Software AG ShareHighlights 2013