List of equity interests of Royal DSM N.V. having its registered office in Heerlen in the Netherlands (situation as at December 2009)
A. group companies included in the consolidated financial statement
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ACF Industrial BV Acopal BV Agro Amino Acids BV (Triple A) Arbodienst DSM BV Baltazar Kompozyty Spzoo De Bonsberg Chemie Amsterdam BV Büfa Composites GmbH & Co KG Büfa Composites International GmbH Büfa Composites AG Büfa Composites Finland Oy Büfa Composites Baltic OÜ Büfa Composites Verwaltung GmbH Chemie Linz UK Ltd. SA Citrique Belge NV Copal BV CMT Srl DSM Advanced Polyesters Emmen BV DSM Acrylonitrile BV DSM AFA VoF DSM Agro Belgium NV DSM Agro BV DSM Agro Deutschland GmbH DSM Agro France SAS DSM Agro Services BV DSM Agro Ucam BV DSM Ahead BV DSM Anti-Infectives BV DSM Anti-Infectives Chemferm SA DSM Anti Infectives China Holding I BV DSM Anti Infectives China Holding II BV DSM Anti Infectives China Holding III BV DSM Anti Infectives China Holding IV BV DSM Anti-Infectives Egypt SAE DSM Anti-Infectives India Ltd. DSM Anti-Infectives Sweden AB DSM ASP BV DSM Aspartaam BV DSM Assurantie Kantoor BV DSM Atlas BV DSM Besin Maddeleri Ltd. Sti. DSM Beteiligungsgesellschaft mbH DSM Biologics Company BV DSM Biologics Holdings, Inc. DSM Biomedical Materials BV DSM Business Support BV DSM Capua SpA DSM Central Europe sro DSM Chemicals North America, Inc. DSM Chemical Technology R&D BV DSM China Holding AG DSM China Holding BV DSM China Holding I BV DSM China Holding II BV DSM (China) Ltd. DSM Coating Resins (China) Holding BV DSM Coating Resins Europe BV DSM Coating Resins (Far East) Co. Ltd. DSM Resins Holding (Nederland) BV DSM Coating Resins International Holding BV DSM Commercial Coordination & Participations BV DSM Composite Resins AG DSM Composite Resins (China) Holding BV DSM Composite Resins Deutschland GmbH DSM Composite Resins France SAS DSM Composite Resins Holding International BV DSM Composite Resins Italia SrL DSM Composite Resins Nederland BV DSM Composite Resins (Shanghai) Ltd. DSM Composite Resins UK Ltd. DSM Copolymer, Inc. DSM Corporate Insurances AG DSM DAB BV DSM Desotech BV DSM Desotech (China) Holding BV DSM Desotech, Inc. DSM Desotech Specialty Chemicals (Shanghai) Ltd. DSM Deutschland GmbH DSM Dyneema BV DSM Dyneema International BV DSM Dyneema, LLC DSM Dyneema Technical Services, Inc. DSM Eastern Europe, LLC DSM Elastômeros Brasil Ltda. DSM Elastomers BV DSM Elastomers Europe BV DSM Elastomers Trading BV DSM Elastomers Trading Shanghai Co.Ltd. DSM Energie (Rein) BV DSM Energy Consultants (DEC) BV DSM Engineering Plastics BV DSM Engineering Plastics Asia Pacific DSM Engineering Plastics (China) BV DSM Engineering Plastics (Emmen) BV
Registered Office Heerlen Heerlen 's Gravenhage Sittard-Geleen Straszyn Amsterdam Oldenburg Oldenburg Ittingen Espoo Tallinn Oldenburg Redditch Tienen Heerlen Brescia Heerlen Heerlen Sittard-Geleen Genk Sittard-Geleen Düsseldorf Beauvais Sittard-Geleen Sittard-Geleen Heerlen Delft Barcelona Heerlen Heerlen Heerlen Heerlen El Horia Heliopolis Toansa Strängnäs Heerlen Sittard-Geleen Heerlen Heerlen Gebze / Kocaeli Düsseldorf Groningen Montreal Heerlen Heerlen Capua Prague Wilmington Heerlen Kaiseraugst Heerlen Heerlen Heerlen Shanghai Zwolle Zwolle Hong Kong Zwolle Zwolle Heerlen Schaffhausen Zwolle Ludwigshafen Compiegne Zwolle Filago Zandpol Shanghai Ellesmere Port Wilmington Schaffhausen Heerlen Hoek van Holland Zwolle Wilmington Shanghai Düsseldorf Sittard-Geleen Heerlen Wilmington Wilmington Moscow Triunfo, Rio Grande do Sul Heerlen Heerlen Heerlen Shanghai Heerlen Heerlen Heerlen Singapore Sittard-Geleen Heerlen
Country NL NL NL NL PL NL DE DE CH FI EE DE GB BE NL IT NL NL NL BE NL DE FR NL NL NL NL ES NL NL NL NL EG IN SE NL NL NL NL TR DE NL CA NL NL IT CZ US NL CH NL NL NL CN NL NL HK NL NL NL CH NL DE FR NL IT NL CN GB US CH NL NL NL US CN DE NL NL US US RU BR NL NL NL CN NL NL NL SG NL NL
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Participation 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100
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Registered Office DSM Engineering Plastics, Inc. Wilmington DSM Engineering Plastics (India) Private Ltd. Pune DSM Engineering Plastics International BV Sittard-Geleen DSM Engineering Plastics (Jiangsu) Co. Ltd. Jiangyin DSM Engineering Plastics Korea Co Ltd. Seoul DSM Engineering Plastics Taiwan Pte. Ltd. Taipei DSM España S.A. Barcelona DSM Executive Services BV Heerlen DSM Fibre Intermediates BV Heerlen DSM Fibre Intermediates China BV Sittard-Geleen DSM Fibre Intermediates Enterprises BV Heerlen DSM Fibre Intermediates International BV Sittard-Geleen DSM Fibre Intermediates Investments BV Heerlen DSM Fibre Intermediates Trading (Shanghai) Co. Ltd. Shanghai DSM Finance BV Heerlen DSM Finance (Belgium) Comm.V. Genk DSM Finance SAS Puteaux DSM Fine Chemicals Austria Nfg. GmbH & Co KG Linz DSM Fine Chemicals BV Heerlen DSM Fine Chemicals 2 BV Heerlen DSM Fine Chemicals GmbH Linz DSM Fine Chemicals (Shanghai) Ltd. Shanghai DSM Food Specialties Argentina SA Buenos Aires DSM Food Specialties Australia Pty Ltd. Moorebank DSM Food Specialties BV Delft DSM Food Specialties Chile SA Santiago de Chile DSM Food Specialties China Holding 1 BV Delft DSM Food Specialties France SAS Seclin DSM Food Specialties Germany GmbH Dusseldorf DSM Food Specialties Italy SpA Lacchiarella DSM Food Specialties Ltd. Sti. Izmir DSM Food Specialties Meltagel BV Delft DSM Food Specialties Poland Sp.z.o.o. Warsaw DSM Food Specialties (Shanghai) Ltd Shanghai DSM Food Specialties Spain SL Barcelona DSM Food Specialties Superdex SAS St. Clar DSM Food Specialties UK Ltd. Heanor-Derbyshire DSM Food Specialties USA, Inc. Wilmington DSM France SA Puteaux DSM Functional Coatings BV Heerlen DSM Gist France SAS Seclin DSM Gist Holding BV Heerlen DSM Gist Services BV Delft DSM Group Spain 2000 SL Barcelona DSM High Performance Polyethylenes BV Heerlen DSM Holding Company USA, Inc. Wilmington DSM Hybrane BV Heerlen DSM Industrial Services BV Heerlen DSM Industriegrond BV Heerlen DSM Innovation Center BV Heerlen DSM Innovation Inc. Parsipanny DSM Innovative Synthesis BV Heerlen DSM Insurances BV Heerlen DSM International BV Heerlen DSM International Participations BV Heerlen DSM Expert Center BV Delft DSM IT BV Heerlen DSM IP Assets BV Heerlen DSM Italia SrL Como DSM Japan Engineering Plastics KK Tokyo DSM Japan KK Tokyo DSM Kunstharze GmbH Meppen DSM Life Science Products International GmbH Linz DSM Limburg BV Sittard-Geleen DSM Manufacturing Center BV Sittard-Geleen DSM Melamine Americas, Inc., Wilmington DSM Melamine BV Heerlen DSM Melamine UK Ltd. Inkberrow DSM Melamine Trading (Shanghai) Ltd. Shanghai DSM Micabs BV Heerlen DSM Nederland BV Heerlen DSM NeoResins BV Waalwijk DSM NeoResins China BV Waalwijk DSM NeoResins Comercial de Produtos Quimicos e ImpoSao Paulo DSM NeoResins Holdings BV Waalwijk DSM NeoResins Inc. Wilmington DSM NeoResins SARL Evry DSM NeoResins SL Barcelona DSM New Business Development BV Heerlen DSM Nutritional Products AG Kaiseraugst DSM Nutritional Products Argentina SA Buenos Aires DSM Nutritional Products A/S Hvidovre DSM Nutritional Products Asia Pacific Pte Ltd. Singapore DSM Nutritional Products Australia Pty Ltd. Wagga Wagga DSM Nutritional Products Canada Inc. Ayr DSM Nutritional Products Centroamérica y El Caribe SA Puerto Cortés DSM Nutritional Products Chile SA Santiago de Chile DSM Nutritional products China Holding BV Heerlen DSM Nutritional Products China Holding GmbH Kaiseraugst DSM Nutritional Products Colombia SA Bogota DSM Nutritional Products Costa Rica SA San José DSM Nutritional Products Dominicana SA Santo Domingo DSM Nutritional Products Ecuador SA Quito DSM Nutritional Products Europe AG Birsfelden DSM Nutritional Products France SAS Village-Neuf DSM Nutritional Products GmbH Grenzach-Wyhlen DSM Nutritional Products Guatemala SA Villa Nueva DSM Nutritional Products Hellas EPE Erythrea
Country US IN NL CN KR TW ES NL NL NL NL NL NL CN NL BE FR AT NL NL AT CN AR AU NL CL NL FR DE IT TR NL PL CN ES FR GB US FR NL FR NL NL ES NL US NL NL NL NL US NL NL NL NL NL NL NL IT JP JP DE AT NL NL US NL GB CN NL NL NL NL BR NL US FR ES NL CH AR DK SG AU CA HN CL NL CH CO CR DO EC CH FR DE GT GR
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Participation 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100
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DSM Nutritional Products Holding AG DSM Nutritional Products Hungary Ltd DSM Nutritional Products Iberia SA DSM Nutritional Products Inc. DSM Nutritional Products India Pvt. Ltd. DSM Nutritional Products Interamérica SA DSM Nutritional Products Malaysia Sdn. Bhd. DSM Nutritional Products Mexico SA de CV DSM Nutritional Products Nederland BV DSM Nutritional Products NV DSM Nutritional Products Peru SA DSM Nutritional Products Philippines, Inc. DSM Nutritional Products South Africa (Pty) Ltd. DSM Nutritional Products Sp.z.o.o. DSM Nutritional Products Taiwan Ltd. DSM Nutritional Products (UK) Ltd. DSM Nutritional Products Uruguay SA DSM Nutritional Products Venezuela SA DSM Nutritional Products Vietnam Ltd. DSM Nutrition Japan KK DSM Nutrition Korea Ltd. DSM Nylatron BV DSM Onroerend Goed Exploitatie Maatschappij BV DSM Pension Services BV DSM Biosolutions BV DSM Pharmaceutical Products, Inc. DSM Pharmaceuticals, Inc. DSM Pharma Chemicals North America, Inc. DSM Pharma Chemicals Regensburg GmbH DSM Pharma Chemicals Venlo BV DSM Plastomers BV DSM PremiTest BV DSM Produtos Nutricionais Brasil Ltda. DSM Polymer Technology Group Inc. DSM Raffinaderij BV DSM Research BV DSM Resins BV DSM Resins España SA DSM Resins (Far East) Ltd. DSM Resins Scandinavia AB DSM Powder Coating Resins, Inc. DSM RE Switzerland AG DSM RIM Nylon BV DSM R&D Solutions BV DSM Sales Offices BV DSM Scandinavia AB DSM Schadeverzekeringsmij NV DSM Services Mexico SA de CV DSM Services USA, Inc. DSM Sourcing BV DSM South America Ltda DSM Special Products BV DSM Specialty Adhesives BV DSM Specialty Compounds NV DSM Specialty Intermediates BV DSM Specialty Packaging BV DSM Specialty Polyethylenes BV USG Swentibold BV DSM Syntech Synthetic Resin (Foshan) Company Ltd. DSM Taipei Ltd. DSM TCG BV DSM Thermoplastic Elastomers BV DSM Thermoplastic Elastomers, Inc. DSM Thortan BV DSM Trading (Shanghai) Co Ltd. DSM United Kingdom Ltd. DSM Valley Research, Inc. DSM Venturing BV DSM Verwaltungs-GmbH DSM Vision 2005 BV DSM Vitamins (Hunan) Ltd. DSM Vitamins (Shandong) Ltd. DSM Vitamins (Shanghai) Ltd. DSM Vitamins (Shangchun) Ltd. DSM Vitamins Trading (Shanghai) Co. Ltd. DSM White Biotechnology BV DSM Zibo Pharmaceutical Co. Ltd. EdeA VoF Euroresins Benelux BV Euroresins France SAS Euroresins Italia SrL Euroresins Kompozit Urunler Ticaret Ltd.Sirketi (in TRL) Euroresins SA Euroresins Scandinavia A/S Euroresins Europe Holding GmbH & Co KG Euroresins Europe Holding verwaltung GmbH Euroresins UK Ltd. De Feijenoordsche Victualiënhandel BV Fermentass NV Ferres BV Fersinsa GB SA de CV Fersinsa International BV Fersinsa GB Sintesis SA de CV Fersinsa Mexico SA de CV Finalor Ltd. Gist-Brocades/ Bio-Intermediair Holding BV Geleen Utility Leidingen BV Georgia Monomers Company, LLC Gist-Brocades Beheer BV
Registered Office Basel Budapest Madrid New Castle Mumbai El Dorado Kuala Lumpur Jalisco Venlo Deinze Lima Makati City Isando Mszczonów Taipei Ayrshire Montevideo Caracas Ho Chi Minh City Ohta-ku Tokyo Seoul Heerlen Heerlen Heerlen Heerlen Wilmington Wilmington Parsippany Regensburg Venlo Heerlen Heerlen Sao Paulo Berkeley Heerlen Heerlen Zwolle Barcelona Ping-Tung Hsien Landskrona New Jersey Schaffhausen Heerlen Heerlen Heerlen Gråbo Heerlen El Salto Parsippany Heerlen Sao Paulo Rotterdam Heerlen Genk Heerlen Heerlen Heerlen Swentibold Shunde Taipei Eindhoven Heerlen Wilmington Heerlen Shanghai Redditch South Bend Heerlen Düsseldorf Heerlen Heng Yang City Shandong Shanghai Changchun Shanghai Delft Zibo Sittard-Geleen Weert Compiegne Filago Istanbul Barcelona Lysaker Böblingen Böblingen Ellesmere Port Heerlen Curaçao Delft Ramos Arizpe Delft Ramos Arizpe Ramos Arizpe Altdorf Groningen Heerlen Augusta Delft
Country CH HU ES US IN PA MY MX NL BE PE PH ZA PL TW GB UY VE VN JP KR NL NL NL NL US US US DE NL NL NL BR US NL NL NL ES TW SE US CH NL NL NL SE NL MX US NL BR NL NL BE NL NL NL NL CN TW NL NL US NL CN GB US NL DE NL CN CN CN CN CN NL CN NL NL FR IT TR ES NO DE DE GB NL AN NL MX NL MX MX CH NL NL US NL
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Participation 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 60 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 70 50 100 100 100 100 100 100 75 75 100 100 100 100 100 100 100 100 100 100 100 51 100
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Registered Office Gist-Brocades Beheer II BV Delft Gist-Brocades Beheer III BV Delft Chemelot Real Estate B.V. Sittard-Geleen Gist-Brocades Holding AG Schaffhausen Gist-Brocades Holding BV Delft Gist-Brocades Holdings Ltd. Heanor Derbyshire Gist-Brocades Holdings Pty Ltd. Moorebank Gist-Brocades International BV Heerlen Gist-Brocades NV Curaçao Graetheide BV Heerlen Holland Sweetener Company VoF Sittard-Geleen Holland Sweetener North America, Inc. Wilmington Industriële Handelmaatschappij Basileia BV Schiedam Interferm BV Heerlen Istituto della Vitamine SpA Segrate Japan Fine Coatings Co. Ltd. Tokyo Jinling DSM Resins Comp. Ltd. Nanjing Knowfort Technologies BV Sittard-Geleen Koninklijke DSM N.V. (Royal DSM N.V.) Heerlen Kunstmesthandel van Breen BV Rotterdam Limburg Raffinaderij BV Heerlen Limburgs Scheepvaart Kantoor BV Maasbracht LTP Lipid Technologies Provider AB Karlshamn Sitech Manufacturing Services Beheer BV Sittard-Geleen Sitech Manufacturing Services CV Sittard-Geleen Melamine (China) Holding BV Sittard-Geleen Meltagel VoF Foxhol Mij tot Exploitatie van Kooksovengassen ‘Mekog’ BV Ijmuiden Nederlandse Dieetzoutenfabriek BV Heerlen NeoResins de Mexico SA de CV Toluca NeoResins Inc. Saint John NeoResins Polymeren Vertrieb GmbH Vienna NeoResins Srl Milan Noordgastransport BV 's Gravenhage Nylon Polymer Company, LLC Augusta Ontwikkelings- en Participatiemij OPM BV Heerlen Pamako Engineering AG Flaach Pentapharm AG Basel Pentapharm do Brasil Ltda Uberlandia P.T. DSM Kaltim Melamine Jakarta P.T. DSM Nutritional Products Indonesia Jakarta Reko BV Sittard-Geleen Re-tech BV Sittard-Geleen Rovigypt SAE Tamouh-Giza Rovithai Ltd. Bangkok Shanxi Fenghe Melamine Co., Ltd. Yuncheng City, Shanxi Provence Site Grond BV Heerlen Sitech IAZI BV Sittard-Geleen Sitech Services BV Sittard-Geleen Sitech Site Services BV Sittard-Geleen Sitech Utility Holding Beheer BV Sittard-Geleen Sprova BV Heerlen Trident BV Sittard-Geleen Sitech Utility Holding CV Sittard-Geleen Utility Support Group (USG) BV Heerlen Welschenheuvel BV Heerlen Zhang Jia Kou DSM Hayao Pharmaceutical Co.Ltd. Zhang Jia Kou Zhang Jia Kou Gist-Brocades Pharmaceutical Company LZhang Jia Kou DSM Biopract Gmbh Berlin DEX-Plastomers VoF Heerlen DSM Eternal Resins (Kunshan) Co. Ltd. Jiangsun DSM Nanjing Chemical Company Co. Ltd. Nanjing
Country NL NL NL CH NL GB AU NL AN NL NL US NL NL IT JP CN NL NL NL NL NL SE NL NL NL NL NL NL MX CA AT IT NL US NL CH CH BR ID ID NL NL EG TH CN NL NL NL NL NL NL NL NL NL NL CN CN DE NL CN CN
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Participation 100 100 100 100 100 100 100 100 100 100 50 50 100 100 100 50 75 100 100 100 100 100 100 100 100 50 100 100 100 100 100 100 40 100 100 100 100 100 60 100 100 100 100 91 49 51 100 100 100 100 100 100 100 100 100 74 80 100 50 50 60
B. Other participations (non-consolidated)
Registered Office The Compliers Group Austria GmbH Wien DSM Citric Acid (Wuxi) Ltd. Wuxi City Agennix Inc. Houston Ampersand Specialty Materials & Chemicals III Lim.partn Wellesley Ampersand Specialty Materials & Chemicals IV Lim.partn Wellesley Augusta Service Company, Inc. Augusta BEC AG Rheinfelden Beypi AS Beypazari Bioprocess Control Lund BKV Beteiligungs-& Kunststoffverwertungsgesellschaft Frankfurt Büfa Reaktionsharze Verwaltungs GmbH Rastede Büfa Gelcoat Plus GmbH & Co. KG Rastede ChemConnect, Inc. San Francisco Chemelot Site Permit BV Sittard-Geleen Chiralix BV Nijmegen Driehoek SA Matoseinhos DSM (Hong Kong) Limited Hong Kong DSM Trustee Company Ltd. Heanor Elemica Holdings Inc. Wayne Emma IV Schinnen CV Ubbergen Emerald technology ventures II St.Peter Cort European Composite Recycling Services Company Brussel Endex European Energy Derivatives Exchange NV Amsterdam European Pipeline Development Company BV Venlo Food Ingredients Deutschland GmbH & Co KG Werne Food Ingredients Deutschland Verwaltungsgesellschaft mWerne Ganeden Biotech Inc. Cleveland Harland Medical Systems, Inc. Eden Prairie Hindustan Max-GB Ltd. Pimpri, Pune InMat, Inc. Hillsborough
AT CN US US US US CH TR SE DE DE DE US NL NL PT HK UK US NL GG BE NL NL DE DE US US IN US
Participation percentage 100 100 8 3 3 50 10 5 14 1 10 10 0 50 25 100 100 1 10 2 11 0 7 50 50 6 22 50 6
IntegraGen SA Accelerated Technologies II LP IQ Therapeutics BV KGW Kraftwerk Grenzach-Wyhlen GmbH Kyodo Shiryo Co. Ltd. Life Sciences Partners II BV LSP II Pooling BV LSP III Pooling BV L.S. Venturing BV Limburg Ventures BV Millennium Materials Technologies Fund II L.P. Next Gen Enabling Technologies Fund L.P. Ngen II L.P. Nippon Dyneema Co. Ltd. Novomer, Inc. Nutritec Co. Ltd. Plantzyme Vof Per. C6 Developmentcenter, LLC Provexis PLC Sherbrook Capital Health and Wellness II L.P. Sol-Gel Technologies Ltd. SupraPolix BV Syncom BV Terreco Holding BV The Burrill Nutraceuticals Capital Fund, L.P. The Burrill Life Science II The Silicon Mine BV Tianjin Green Bio-Science Co. Ltd. Ultra-Centrifuge Nederland NV Upfront Chromatography A/S Van Technologies, Inc. Xinhui Meida - DSM Nylon Chips Co. Ltd. Xylos Corporation, Inc. Accelarated technoligies II LP Wuxi NutriRice Co. Ltd. The Maastricht Forensic Institute He Xin Clean Energy (Beijing) Technology Co.Ltd.
Registered Office Evry Hackensack Groningen Grenzach-Wyhlen Tokyo Amsterdam Amsterdam Amsterdam Heerlen Maastricht Tel Aviv Santa Barbara Santa Barbara Osaka New York Shizuoka Enkhuizen Wilmington London Newton Lower Falls Bet-Shemesh Eindhoven Groningen Sittard-Geleen San Francisco San Francisco Sittard-Geleen Tianjin Groningen Copenhagen Duluth Xinhui City Langhorne Hackensack
Country FR US NL DE JP NL NL NL NL NL IL US US JP US JP NL US GB US IL NL NL NL US US NL CN NL DK US CN US US
Maastricht Beijing
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Alteration
Participation 7 17 34 5 20 5 1 1 50 58 8 4 1 50 3 50
Remarks: * With regard to these Group companies, which have their registered office in the Netherlands, a declaration of liability under the terms of Article 403, Book 2 of the Dutch Civil Code has been issued, which means that not all requirements of title 9 and Book 2 of the Dutch Civil Code have to be met. ** These equity interests are interests in which Royal DSM N.V. participates directly (in accordance with Article 379, Book 2 of the Dutch Civil Code).
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