Services of an actuary in the context of personnel provisions / Leistungen eines Aktuars im Rahmen von Personalrückstellungen

Procedure
Title : Services of an actuary in the context of personnel provisions

Description : (1) Task: The contractor is obliged to carry out the following activities both for the consolidated financial statements of the KfW banking group and for the individual financial statements of the companies belonging to the KfW Group: (a) Preparation of actuarial reports on pension and benefit obligations for the annual financial statements as of December 31st. (b) Actuarial valuation of pension and benefit obligations for the quarterly financial statements - with the exception of FuB mbH - as of March 31st, June 30th and September 30th. (c) Other actuarial calculations for the individual companies in the KfW Group. (d) Ongoing advice to the individual companies in the KfW Group in connection with their pension and benefit obligations. (e) Advice to individual companies in the KfW Group in the event of changes to the legal and/or organizational framework that affect either just the individual company in question or several or all of the group companies. Further details - in particular on the number of reports, pension schemes and KfW employees - are set out in more detail in the service description. (2) Service recipients: Companies in the KfW Group and thus recipients of the aforementioned services are: • KfW, Frankfurt a. M. (parent company), (hereinafter: KfW). • KfW IPEX-Bank GmbH, Frankfurt a. M., (hereinafter: IPEX-Bank). • DEG-Deutsche Investitions- und Entwicklungsgesellschaft mbH, Cologne, (hereinafter: DEG). • DEG Impulse gGmbH (hereinafter: DEG Impulse). • Finanzierungs- und Beratungsgesellschaft mbH (hereinafter: FuB). • KfW Capital GmbH (hereinafter: Capital). There are the following company-specific peculiarities that must be taken into account: • DEG currently has no early retirement obligations. • DEG Impulse currently has no early retirement obligations. Due to the lack of consolidation in the consolidated financial statements, no reports in accordance with IAS/IFRS are required for DEG Impulse. • IPEX currently has no partial retirement obligations • Capital only has pension obligations. • FuB still has pension commitments and early retirement commitments. Due to the lack of consolidation in the consolidated financial statements, no reports in accordance with IAS/IFRS are required for FuB. However, the reports in accordance with the German
Commercial Code and the tax balance sheet for FuB are the subject of the required services. (3) Service period: The contractor must provide the services incumbent upon him to the aforementioned companies of the KfW Group starting from January 1, 2025 for at least four years (financial years 2025, 2026, 2027 and 2028).

Internal identifier: KfW-2024-0002

Identifier of the contract: CON-0001 - Heubeck AG

Estimated duration
Duration: 4 Years

Techniques:
Framework agreement: No framework agreement
Information about the dynamic purchasing system: No dynamic purchase system