Timeline

Voting rights breakdown

Declared beneficial owners · 4

A single, collectively filed disclosure: the voting-rights rate applies to the whole group, not to each person.

• Teachers Insurance and Annuity Association of America2.986%
• TIAA-CREF Asset Management, Inc2.986%
• TIAA-CREF Investment Management, LLC2.986%
• Teachers Advisors, Inc2.986%

Notice details

Beneficial owner

Teachers Insurance and Annuity Association of America

The above entitles are part of TIAA-CREF, a financial services group and a leading provider of retirement benefits in the USA, offering financial services, including retirement plans, IRAs, variable annuities, mutual funds, brokerage services, life insurance, and college savings plans. TIAA-CREF Investment Management, LLC ("TCIM") acts as the sole investment manager for one of the direct shareholders, College Retirement Equities Fund - Stock Account ("CREF"). Teachers Advisors, Inc. ("TAI") acts as sole investment manager of the other two direct shareholders: (I) the TIAA- CREF Life Funds - International Equity Fund ("TCLF") and (II) the TIAA-CREF Funds - International Equity Funds ("TCF"). TCIM and TIA are wholly owned by an intermediate holding company, TIAA-CREF Asset Management, Inc., which in turn is wholly-owned by Teachers Insurance and Annuity Associatio of America ("TIAA"). Both investment managers, TCIM and TAI, exercise exclusive investment power or investment discretion over the investment in the shares of Clariant AG. TIAA exercises the voting rights relating to the shares of Clariant AG held by the direct shareholders (CREF, TCLF and TCF), pursuant to a global proxy voting policy (TIAA-CREF Policy Statement on Corporate Governance) for investments held by TIAA-CRE- related entities.