EWE Ownership EWE Asset management EWE Development pipeline EWE Office Contents 4 Letter from the CEO 8 Financial highlights 10 Key figures and ratios 11 Outlook 14 World trends 18 Strategy 20 Power-to-X 23 Our business model 26 Business highlights 27 Main topics of the year 29 Operational activities 32 Asset management 34 Projects in development and construction 36 The people side 38 Financial performance 40 Environmental, Social and Governance 43 Risk management 46 Significant events after the end of the financial year 47 Statement by the Board of Directors and Board of Executives 48 Independent auditor's report 50 Financial statements
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