2. Basis of Preparation

Audited information

The statutory financial statements of Clariant Ltd have been prepared according to the provisions of the Swiss Law on Accounting and Financial Reporting (32nd title of the Swiss Code of Obligations).

The result of exchange rate gains and losses are presented net in the line «exchange rate differences net». Exchange rate losses were previously reported under financial expenses. The prior year amounts were adjusted accordingly.

Clariant Ltd has no employees, except the members of the Board of Directors of the Clariant Group.