Status of Implementation

Extension of the Compliance organization

A new, central Compliance organization was created in early 2006. At present, the organization has some 60 employees at the headquarters. In addition, approximately 90 qualified local compliance managers (LCMs) supervise more than 180 companies and divisions around the world.

In the third quarter of 2010, the Supervisory Board decided to create a new Board of Management position, Integrity and Legal, thus further developing the Compliance organization. The tasks of the new Board of Management member include managing the global legal and compliance organization, business ethics, and the sustained anchoring of integrity and compliance throughout the Group.

The Group Compliance (GC) unit defines the annual anti-corruption program and supports its global implementation.

The Chief Compliance Officer is the head of the Group Compliance division.

Compliance is more than the fight against corruption

Avoiding and combating corruption remains a top priority within the Daimler Group. However, compliance is by no means restricted to anti-corruption measures in high-risk countries.

Rather, compliance requires observance of all relevant laws and regulations, the respective internal rules and procedures as well as self-elected obligations everywhere at Daimler. To this end, managers and employees must take appropriate measures to minimize all risks. Special attention must be paid to avoiding financial damage and loss of reputation due to fraud, misappropriation, and embezzlement, complying with capital market legislation, environmental protection, occupational safety, and product liability. Daimler has a worldwide "zero tolerance" policy.

Extensive range of training and information

To support managers and their employees in their responsibility for compliance, Daimler offers an extensive range of training and information aimed at corruption prevention.