Risk management

Mikron monitors and carefully evaluates the handling of strategic, financial and operational risks. Equally, the company accounts for risks related to compliance as well as political and regulatory changes.

A holistic risk management process under the lead of the Group CFO ensures that risks with a potentially relevant impact on the business and financial situation as well as mitigation actions to handle those risks are regularly reviewed and presented to the Group Management and Board of Directors. The functioning of the risk management process as well as the main risks are described in the Corporate Governance Report (page 50), while the financial risk management is outlined in the Financial Report (pages 77 to 79) of Mikron’s Annual Report 2021.