Combined Non-Financial Statement

About this combined non-financial statement

Under Sections 315b and 315c HGB [“Handelsgesetzbuch”: German Commercial Code] in conjunction with Sections 289b to 289e HGB, the Company hereby publishes this combined non-financial statement for the HUGO BOSS Group and HUGO BOSS AG. It substantively summarizes the material disclosures for the Company regarding the five required aspects of environmental, employee and social matters, respect for human rights and anti-corruption and bribery matters. In addition, the Company presents further material disclosures in the additionally defined aspect of customer matters. In the drafting of the statement, HUGO BOSS oriented itself, particularly for the definition of the reported performance indicators, toward the Global Reporting Initiative Standards.

As part of the reporting process, HUGO BOSS has analyzed whether risks exist that are associated with its own business activity, its business relationships, and its products or services, and that very likely have or will have serious adverse impacts on the aspects. HUGO BOSS has no such risks to report.

Unless otherwise noted, the disclosures made in this statement reflect equally the perspective of HUGO BOSS AG and that of the Group. With the exception of references to the chapter “Business Activities and Group Structure” as part of the combined management report, any references to information outside the combined non-financial statement comprise information going beyond the mandatory disclosures under the German Commercial Code and do not form part of the statement. The combined non-financial statement was subject to a voluntary review with limited assurance according to ISAE 3000 (Revised). (PDF:) Independent Auditor’s Limited Assurance Report

Description of the business model

HUGO BOSS is one of the leading companies in the premium segment of the global apparel market. The business model of HUGO BOSS is described in detail in the chapter on “Business Activities and Group Structure.” Business Activities and Group Structure

Derivation of material topics

The basis for selection of the topics presented in this statement is a materiality analysis conducted by HUGO BOSS in 2017, which encompassed in particular a materiality review according to Section 289c (3) HGB. It has been analyzed to which extent the topics are of particular relevance for understanding the Company’s development, performance, position and impact of its activity on the aspects. The analysis was reviewed for up-to-dateness in 2018 and was found to be valid without change. The following sections discuss the 13 topics identified as material in the course of the analysis. Sustainability Report 2017