2.4 Change in the scope of consolidation

In the 2020 financial year

Atlantic Zeiser Beijing Technology Co. Ltd: The company was liquidated in March 2020.

Orell Füssli Ltd: With retroactive effect from 1 January 2020, Orell Füssli Holding Ltd and its 100% subsidiaries in Switzerland were merged into Orell Füssli Ltd.

Provicis AG: In March 2020, a strategic investment was made in the field of e-government technology. This was recognised by applying the equity method.

In the 2019 financial year

Delivros Orell Füssli Ltd: In February 2019, the B2B business of Orell Füssli Thalia Ltd was transferred to the newly founded Delivros Orell Füssli Ltd. The holding in the new company amounts to 70%.

Atlantic Zeiser (M) SDN BHD: In the first half of 2019, Zeiser GmbH sold its subsidiary company in Malaysia.

Atlantic Zeiser SAS: In the third quarter of 2019, the subsidiary of Zeiser GmbH in France was liquidated.