The outlook prepared by METRO considers relevant facts and events that were known at the time of preparing the consolidated financial statements and that may impact the future development of our business. The outlook on economic parameters is based on an analysis of primary data used for early detection. These forecasts are derived from expert assessments on the development of energy supply, the Russian war in Ukraine and Covid-19. Strong deviations from these assumptions can lead to significant changes. Accordingly, all forecasts are subject to a high degree of uncertainties. The statements made for this report relate to the closing date at the end of October 2022. They may have become obsolete due to recent developments since then.