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1 A. To our Shareholders 49 C. Combined Management Report 21 B. Corporate Governance

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September ,  September , 

(in millions of €) Total Domestic Foreign Total Domestic Foreign

Change in deﬁned beneﬁt obligations:

Deﬁned beneﬁt obligation at beginning of year 28,721 17,147 11,574 31,475 18,897 12,578

Foreign currency exchange rate changes 523 – 523 234 – 234

Service cost 446 319 127 491 316 175

Interest cost 1,318 806 512 1,292 768 524

Settlements and curtailments (25) – (25) (970) (18) (952)

Plan participants’ contributions 119 64 55 137 81 56

Amendments and other 165 – 165 98 20 78

Actuarial (gains) losses 5,212 3,359 1,853 (1,766) (1,611) (155)

Acquisitions 82 6 76 46 25 21

Beneﬁts paid (1,617) (1,040) (577) (1,553) (1,005) (548)

Divestments (29) (5) (24) (763) (326) (437)

Reclassiﬁcation to assets and to liabilities associated

with assets classiﬁed as held for disposal for OSRAM (1,895) (658) (1,237) (1,600) (523) (1,077)

Deﬁned beneﬁt obligation at end of year 33,020 19,999 13,021 27,121 16,624 10,497

Germany 19,999 19,999 16,624 16,624

U.S. 4,091 4,091 3,429 3,429

U.K. 4,006 4,006 3,053 3,053

Other 4,924 4,924 4,015 4,015

September ,  September , 

(in millions of €) Total Domestic Foreign Total Domestic Foreign

Change in plan assets:

Fair value of plan assets at beginning of year 22,193 12,700 9,493 24,107 14,059 10,048

Foreign currency exchange rate changes 486 – 486 208 – 208

Expected return on plan assets 1,390 790 600 1,475 886 589

Actuarial gains (losses) on plan assets 2,000 1,533 467 (1,653) (1,357) (296)

Acquisitions and other 198 1 197 79 1 78

Settlements (19) – (19) (773) – (773)

Employer contributions 730 376 354 849 276 573

Plan participants' contributions 119 64 55 137 81 56

Beneﬁts paid (1,530) (998) (532) (1,470) (973) (497)

Divestments and other (36) – (36) (766) (273) (493)

Reclassiﬁcation to assets and to liabilities associated

with assets classiﬁed as held for disposal for OSRAM (1,480) (509) (971) (1,228) (391) (837)

Fair value of plan assets at end of year 24,052 13,956 10,096 20,965 12,309 8,656

Germany 13,956 13,956 12,309 12,309

U.S. 2,815 2,815 2,346 2,346

U.K. 3,758 3,758 3,201 3,201

Other 3,523 3,523 3,109 3,109