the voice of transatlantic business

AmCham

2021Annual Report 2021 The American Chamber of Commerce in Germany (AmCham Germany) is the voice of transatlantic business. We enhance global economic and trade relations built on a strong foundation of the German-American partnership. We actively support and promote our members’ interests through our global network in business, politics and AmChams worldwide and strengthen the exchange between our members and political decision makers. AmCham Germany enables cross-cultural understanding, cooperation and new investment. We stand for transparent dialogue, unrestricted trade and a competitive and open business climate. AmCham Germany Annual Report 2021 1 Contents

Preface 2–3

Executive Committee and Board of Directors 4

Events

Signature Events 5–6

Transatlantic Evening 7

Chapters and Chairs 8

Virtual Events 9–13

Transatlantic Talks 14

Policy Activities 15–19

Business Services 20–23

Communication Activities 24–27

Staff and Departments 28–29

Interview with Messe Frankfurt GmbH (70-Year-Anniversary of Membership) 30

Selected Member Spotlights

Evonik – Engineering Process 31

Texas Instruments – Leading Beyond Chemistry 32

Membership Certificate Recipients U3

Imprint U4 AmCham Germany Annual Report 2021 2

Preface

Dear Members,

The last year has been a special and challenging one. But it also serves as a prime example of how we, as AmCham Germany, can deal with challenges through transatlantic cooperation.

The pandemic had us firmly in its grip and is still affecting all of our activities and interactions. But the year has also set some other pioneering developments in motion – in the world as well as in our organization. The US administration under President Joe Biden presents an opportunity to rebalance the transatlantic partnership. The transatlantic economic ties are on a stable footing and have been able to counter the recent turbulent years with robust

Simone Menne and trusting relations. Nevertheless, the success of the transatlantic economy should not Executive be taken for granted. We are building on a relaunch of cooperation by promoting a strong

© Jürgen Mai Vice President partnership between the US, the EU, and Germany. It means emphasizing that the US is and will remain Germany’s most important partner outside Europe with aligned values and interests.

Looking back, the last year has been characterized by many restrictions, especially in person- to-person meetings. But AmCham Germany successfully developed virtual event formats to bring our community together online with profound content and high-level speakers. Some of our event highlights were our Female Founders Award Ceremony and the Transatlantic Business Conference. Alongside the goal of revitalizing the transatlantic relationship, we have launched a new virtual event series: Transatlantic Talks 2021: Paving the Path Ahead. We also continued our top-level meetings with German political leaders, such as the Federal Minister of Health, , the Bavarian State Minister, Dr. Florian Herrmann, Daniel Andrich

© Stefan Krutsch General Manager and many other political decision makers. Lastly, the candidate for chancellor of the CDU/ CSU party, , is a keynote speaker during this year's Annual Membership Meeting.

All of this is only possible through the generous engagement and loyalty from you, our members. AmCham Germany is member-led and member-driven. It is the dedication of our regional chairs and regional committee members that keeps us actively engaged across Germany. With the expertise and commitment of our policy chairs and policy committee members, we can advocate for a healthy business climate in Germany, represent our members’ interests and meet regularly AmCham Germany Annual Report 2021 3

Preface

with top political leaders. Our board of directors is dedicated to setting the course for AmCham Germany for the next years by making relevant decisions regarding the Chamber’s strategy. You all drive the Chamber and ensure that the voice of transatlantic business – our voice – is being heard. We are all AmCham Germany.

We have to thank Frank Sportolari, who made this possible with his dedication and outstanding work as president over the last three years. Frank is one of the strongest advocates for transatlantic business and, thanks to his ideas and commitment, the Chamber was able to extend its network on both sides of the Atlantic and improve the transatlantic business partnership for our members. At the Annual Membership Meeting 2021, the membership will elect a new president and new members for the executive committee and the board of directors.

In the next year, we also want to use our network to talk with influencers and decision makers to communicate AmCham Germany’s positions and to ensure that the voice of transatlantic busi- ness is being heard. With many exciting projects and activities ahead, we will continue to offer you, our members and the transatlantic business community, a variety of high-quality events with political leaders, international trade experts and transatlantic stakeholders. We will keep the business community updated on the latest developments in transatlantic business with our various communication channels such as our podcast The Clue, our newsletters Chamber News and The Navigator, and through our website. Take the opportunity to follow AmCham Germany on social media so you won’t miss any updates.

Thank you, our members, for your dedication and support during these special times.

Simone Menne Daniel Andrich Executive Vice President General Manager AmCham Germany Annual Report 2021 4

Executive Committee and Board of Directors as of May 2021

Executive Committee Adel AL-SALEH Dr. Klaus-Peter GUSHURST Remco NIELAND CEO of T-Systems and Member of the Board of Leader Industries and Innovation Chief Financial Officer President Management PricewaterhouseCoopers GmbH ING DiBa Frank SPORTOLARI Deutsche Telekom AG Gabriele HÄSSIG Stefan OELRICH President Neil ARCHER Managing Director Communication & Member of the Board of Management United Parcel Service LLC & Co. OHG General Manager Sustainability DACH Bayer AG Bristol-Myers Squibb Procter & Gamble Service GmbH & Co. Nicole REIMER Executive Vice President Uwe BARTMANN Dirk HOKE CFO IBM DACH Simone MENNE CEO CEO Airbus Defence and Space and Member of IBM Deutschland GmbH Mitglied des Aufsichtsrates Siemens AG the Airbus Group Executive Council Gordon RISKE Deutsche Post AG Klaus BÜRG Airbus Defence and Space GmbH CEO Managing Director & General Manager Bjorn JENSEN KION GROUP AG Treasurer Amazon Web Services Germany GmbH General Manager Germany, Denmark, Finland Christine Mareen RUPP Warren MARINE Martin DAUM Coca Cola GmbH Partner and Member of Consulting Executive Partner Audit, Head of Country Practice USA Member of the Board of Management Dr. Christian KAMES Committee at Deloitte Consulting Germany KPMG AG Daimler AG Head of Investment Banking Germany Deloitte GmbH Susanne DEISSENBERGER J.P. Morgan Securities plc Frankfurt Branch Michael SCHREYÖGG Vice Presidents Managing Director Finance & Controlling Hans Jörg KLEIN Chief Program Officer Thermo Fisher Scientific GmbH Member of the Management Board MTU Aero Engines AG Ralf BRINKMANN Ralf W. DIETER Ford-Werke GmbH Dr. Rob SMITH President DACH, Central Europe, Italy, Israel & CEO David KNOWER President & CEO Russia & Chairmann of the Board Dürr AG Partner & Chief Operating Officer Konecranes Plc Petra JUMPERS Dr. Hans-Ulrich ENGEL Cerberus Deutschland Beteiligungsberatung Han STEUTEL President & General Manager Germany Hub Vice Chairman of the Board of Executive GmbH President Lilly Deutschland GmbH Directors & CFO Johannes KOCH Verband Forschender Arzneimittelhersteller e.V. Frank RIEMENSPERGER BASF SE Managing Director HPE Germany Hartmut THOMSEN Vorsitzender der Geschäftsführung Chantal FRIEBERTSHÄUSER Hewlett-Packard GmbH President Middle & Eastern Europe Accenture Dienstleistungen GmbH Managing Director Germany Prof. Dr. h.c. mult. SAP SE & Co. KG Andreas SCHWAIGER MSD Sharp & Dohme GmbH Chairman of the Supervisory Board Stefan B. WINTELS Vice President, Managing Director Germany Dr. Christoph GEHRIG UBS Europe SE Vice Chairmann & CCO Texas Instruments Deutschland GmbH Vorstand Finanzen Ambassador John C. KORNBLUM Citigroup Global Markets Europe AG Honorary President McDonald’s Deutschland LLC Senior Counsellor John GEROSA Noerr Consulting AG Ex Officio Fred B. IRWIN Managing Director, Retail Markets Germany Dirk LANGE John McCASLIN Board of Directors Google Germany GmbH Managing Director Central European Region Minister Counselor for Commercial Affairs Annette GREEN 3M Deutschland GmbH Embassy of the United States Peter ALBIEZ Vice President DACH James von MOLTKE Virginia MURRAY Country Manager Germany SAS Institute GmbH Member of the Management Board Minister Counselor for Economic Affairs Pfizer Deutschland GmbH Deutsche Bank AG Embassy of the United States AmCham Germany Annual Report 2021 5

Signature Events / Annual Membership Meeting

AMM 2020

Due to COVID-19, the 117th Annual Membership Meeting that was planned to take place on April 29–30, Platform for Transatlantic Dialogue 2020, in was cancelled. Membership voting took place in The membership “AmCham Germany is a much-needed and September and October 2020 through meeting will kick-off highly regarded facilitator for the transatlantic circulation procedure with electronic with the President's business dialogue and cooperation. and paper voting. Report, the Report of I value AmCham Germany and its members the General Manager, for their strong contributions!” and the Report of the A. Laschet Treasurer and will also include the Elections of the Executive date for , will kick-off Thank you to our event partners the conference with a keynote speech. Committee and Board of Directors. Cooperation Partner: Accenture Since our Annual Membership Meeting also Following the keynote, two high-calibre panel discussions between AmCham Ger- Platinum Sponsor: serves as an important platform for transat- BMW Group many Executive Committee and Board itemis AG lantic dialogue, it will conclude with a high- Members as well as political decision makers profile Business Conference. The event will Gold Sponsors: will provide insights and expertise. They KION Group AG be open to both AmCham Germany members Texas Instruments will engage in discussions on the present and the interested public. Silver Sponsors: and future of the transatlantic partnership, Alfred Kärcher SE & Co. KG Armin Laschet, Minister-President of North and the economic policy framework shaping Coca-Cola GmbH Delta Air Lnes #AMM2021 Rhine-Westphalia, Head of Christian Demo- Germany as a location for the transatlantic Lilly Deutschland GmbH cratic Union (CDU) and the CDU/CSU Candi- business community. Microsoft Deutschland GmbH More information about the NRW Global Business GmbH Pfizer Deutschland GmbH Annual Membership Meeting is available on our website. © Foto: Land NRW / Laurence Chaperon © Foto: AmCham Germany Annual Report 2021 6

Signature Events / Transatlantic Business Conference

th 14 transatlantic business conference The German-American Transatlantic Partnership in the Next Decade

On November 12, 2020, the 14th Transatlantic about the event Business Conference took place – for the AmCham Germany’s Transatlantic Business first time in a virtual format. The conference Conference is a unique forum to engage in Constanze Stelzenmüller outlined that we centered around the topic “The German- constructive dialogue and foster transat- need to find solutions for transatlantic trade American Transatlantic Partnership in the issues. lantic collaboration on issues of relevance Next Decade”. In addition for both Europe and the to transatlantic relations, “An investment in your US. It provides a platform the outcome of the Peter Albiez, CEO of Pfizer Deutschland transatlantic friends is an for exchange for our recent US presidential GmbH, stated in his remarks. “In this complex investment in yourself” members and top-level situation, the EU has an important role to election and economic play because it has the power to respond to Federica Mogherini, speakers from business, this global crisis.” recovery in the midst of College of Europe government, media, and the COVID-19 pandemic think tanks. Ambassador Richard Burt emphasized the were at the forefront of the conference. importance of German-American cooperation and gave the example of the joint invention “Now, after Joe Biden has won the US elec- of a vaccine against COVID-19 by the Ameri- can pharmaceutical company Pfizer and the tion,” Sportolari said, “I believe that rebuild- German company BionTech. ing trust on both sides of the Atlantic is the key to successful transatlantic trade and Thank you to our event partners

prosperity in Germany and the US.” The Cooperation partners: US and Germany need to solve their trade BDI Commerzbank AG conflicts and the WTO needs to be reformed. Deloitte GmbH

About 200 viewers on both sides of the Supporters: FrankfurtRheinMain GmbH Atlantic joined the virtual discussions on IBM Lilly Deutschland GmbH Federica Mogherini, Rector of College of the implications of the US election and Microsoft Deutschland GmbH Europe: “America and Europe share deep ties the future of the transatlantic economic Annette Green, Vice President DACH at SAS, stated: “We NRW.Global Business GmbH - that connect our societies, economies, even need to trust in politics and in business, so that we can Trade & Investment Agency families, beyond institutional relations.” partnership post COVID-19. invest in growth and gain market acceptance.” Pfizer Deutschland GmbH AmCham Germany Annual Report 2021 7

Events / Transatlantic Evening

Julia Piechotta; Hannah Helmke; Prof. Dr. Torsten Female Founders Award 2021 Oltmanns, Regional Chapter Chair - Brandenburg; Kathryn As part of the Transatlantic Evening on April 27, 2021, Harrison, Magpie; Chelsea Spieker (moderator); Krista AmCham Germany honored two successful female founders Pilot, PepsiCo; and Simone prevailed in the application process with their innovative Menne, AmCham Germany about the award Executive Vice President. and successful business models. AmCham Germany’s Female business models for the future Founders Award promotes and empowers female (co-) In addition to the innovative strength of the business model, The Winners ’21 founders in their visibility and financing and growth figures were also evaluated in the networking while inspiring and selection process. “We are very pleased to award this year motivating women to become two passionate founders whose business models are setting entrepreneurs. The award brings together the values of American signs for the future. With their ideas, both want to actively entrepreneurial spirit and shape the path towards more sustainability and the busi- German entrepreneurship as ness models have the potential to do so. It is precisely such well as the activities of AmCham innovative ideas that we need in the fight against climate Germany in the context of entre- change on both sides of the Atlantic,” said Simone Menne, preneurship and diversity/ Executive Vice President of AmCham Germany. women in leadership.

Jury member Torsten Oltmanns, chairman of the Berlin- Hannah Helmke Julia Piechotta Thank you to our event partners Founder & CEO, Founder & CMO, CFO, Brandenburg Chapter, emphasized: “The two winners are right. based on science Spoontainable In cooperation with role models for women to become entrepreneurs themselves. Microsoft Germany Far too few women start their own businesses. This has right. based on science Spoontainable Award partners: GmbH (right.) is a provider of climate has developed a sustainable plastic to change and with PepsiCo Texas Instruments metrics and software. Founded in alternative made from 100% natu- our award we want Frankfurt in 2016, right. developed ral ingredients. Since 2019, Spoon- to contribute to giv- Media partners: the X-Degree Compatibility (XDC) tainable has been on the market news aktuell ing more visibility to Digital Media Women Model to calculate the impact a com- with the first sustainable ice cream SHE works! pany, a portfolio or any other eco- spoon. With its sustainable prod- female founders.” nomic entity has on global warming ucts, Spoontainable aims to imple- Network partners: (Temperature Alignment). The aim: to ment a holistic sustainable circular Berlin Partner GERMANTECH bring maximum transparency on cli- economy approach and to provide a herCAREER mate-related risks and opportunities true alternative for the upcoming EU nushu to the market. plastic ban. Dr. Marianne Janik, Microsoft Germany Transatlantic Female Forum AmCham Germany Annual Report 2021 8

AmCham Germany Chapters and Chairs

To coordinate AmCham Germany’s lower regional chapter northern germany regional chapter regional activities, Germany is subdivided into ten chapters. The activities in the chapters are berlin-brandenburg organized by Regional Chairs and regional chapter Regional Committees.

Niculae Cantuniar Dr. Christian Nordholtz Dr. Henning C. Schneider

north rhine–westphalia regional chapter Prof. Dr. Torsten Oltmanns saxony regional chapter

northern Dr. Alexander Schröder-Frerkes Dr. Herman J. Knott regional chapter (Contact for ) rhine-main regional chapter Prof. Dr. Heribert Heckschen

Matthias Koeplin rhine-neckar triangle baden-württemberg regional chapter regional chapter bavaria regional chapter David Knower

Axel Isele Dr. Thomas Keil Prof. Dr. Gerhard Wegen Prof. Dr. Kai C. Andrejewski Christian von Sydow AmCham Germany Annual Report 2021 9

virtually together Events / Year in Review

July 6, 2020: Insights Webinar, Bavaria September 10, 2020: Insights Webinar, North ton, DC); Mike Hofmann, Melchers Group (Beijing) December 7, 2020: Insights Webinar, speaker: Prof. Dr. Michael Hüther, German Rhine-Westphalia topic: What Impact Will the US Sanctions Berlin-Brandenburg Economic Institute (IW) speaker: Prof. Dr. , Minister of Against China Have on European Businesses – speaker: Prof. Marcel Fratzscher, DIW Berlin topic: Every Man for Himself and God Against Economic Affairs, Innovation, Digitalization and Can Europe Stay Neutral? topic: Economy 2021 – What to Expect and What All – The Search for European Orientation in the Energy of the State of North Rhine-Westphalia to Prepare For October 22, 2020: Insights Webinar, Middle of the Corona Crisis topic: Intensivierung der Deutsch-Ameri- Berlin-Brandenburg kanischen Beziehungen in NRW December 15, 2020: Insights Webinar, Saxony July 14, 2020: E-Business After Hours, speaker: Cherno Jobatey, journalist and author. speaker: Dr. Norbert Röttgen, Member of the Ger- Baden-Württemberg September 22, 2020: Insights Webinar, Overseas topic: Medien in der Krise – was wird aus Presse man , CDU/CSU Parliamentary Group speaker: Viktor Schoner, Staatsoper speaker: Tom Daschle, US Senator und TV? topic: The Impact of the US Election on Germany topic: Art and Culture – How Does Culture Work topic: The 2020 US Presidential Election: A Closer and Europe November 18, 2020: E-Business After Hours, in Times of Corona? Look at the Biden Campaign and How Businesses Baden-Württemberg Might Prepare for a Potential Biden Presidency. December 17, 2020: Insights Webinar, Northern July 16, 2020: Insights Webinar, Saxony speaker: Scott Horton, attorney and author Germany speaker: Sonja Rauschütz, Vienna School of October 6, 2020: Insights Webinar, Bavaria topic: America’s 2020 Elections: What Do speakers: Vincent Warnery, Beiersdorf AG; Negotiation speaker: Johannes Koch, Hewlett Packard They Mean for Germany and the Atlantic Michael Eggenschwiler, Flughafen Hamburg topic: Re-Imagination of Cooperation Enterprise Relationship? GmbH topic: Der europäische Weg der Digitalisierung topic: Business Outlook: Current Pitfalls and November 18, 2020: Insights Webinar, August 18, 2020: Insights Webinar, Northern – Digitale Souveränität als Erfolgsfaktor im Opportunities. A View From Beiersdorf AG and Rhine-Main Germany globalen Wettbewerb Flughafen Hamburg GmbH. speaker: Rolf Habben Jansen, Hapag-Lloyd AG speaker: Shane Spyak, Delta Air Lines, Inc. topic: After the Pandemic: Where are World October 7, 2020: Insights Webinar, Rhine-Neckar topic: The New Normal – How Airlines Are Chart- January 12, 2021: Insights Webinar, Bavaria Trade and Globalization Headed? Triangle ing Safe Passage Through COVID-19 speaker: Dr. Alexander von Frankenberg, High- speaker: Annette Green, SAS Institute GmbH Tech Gründerfonds November 30, 2020: Insights Webinar, Northern August 25, 2020: Insights Webinar, topic: KI und Coronakrise – Beschleunigt Corona topic: How to Unlock the Power of Innovation Bavaria North Rhine-Westphalia die digitale Transformation? Through Startups speaker: Anthony L. Gardner, former US Ambas- speakers: Daniel Reck, Johnson, Kendall & John- sador to the European Union October 7, 2020: Concert of the Stuttgart son, Inc.; Horst Henschen and Peter Camesasca, January 14, 2021: Insights Webinar, Northern topic: US Policy Toward Europe Under a Biden Chamber Orchestra, Baden-Württemberg Covington & Burling LLP Bavaria Administration topic: Händel meets Hendrix topic: Transatlantic Investment During the speakers: Prof. Dr. Andreas Falke, German- Pandemic American Institute Nuremberg; Wayne Lempke, September 3, 2020: Summer Business Barbecue October 14, 2020: Insights Webinar, Bavaria Democrats Abroad for North and Central Bavaria December 2, 2020: Insights Webinar, Overseas (in-person), Saxony speaker: Han Steutel, German Association of topic: How Much Room for Maneuver for Biden’s speaker: , Minister President Researching Pharmaceutical Companies (vfa) speaker: risha Anderson, Covington & Burling Presidency and What to Expect for Germany and of the Free State of Saxony. topic: Manchmal ist die Wirtschaft die beste (Washington, DC); Europe? Diplomatie: Wie wir zusammenhalten, was Mark Young, Covington & Burling (); Dr. September 8, 2020: Insights Webinar, Bavaria auseinanderdriftet Moritz Hüsch, Covington & Burling (Frankfurt/M) January 26, 2021: Insights Webinar, Overseas speaker: Prof. Dieter Kempf, Federation of topic: Cybersecurity – Legal Trends to Cope With speakers: Dr. Moritz Hüsch, Covington & Burling German Industries (BDI) October 15, 2020: Insights Webinar, North Increasing Risks (Frankfurt/M); Yan Luo, Covington & Burling topic: The Role of the Transatlantic Relationship Rhine-Westphalia (Beijing); Jennifer Johnson, Covington & Burling in Overcoming the Corona Pandemic speakers: Barbara D. Linney, Baker Hostetler (Washington, DC) >>> (Washington, DC); Brian Egan, Steptoe (Washing- AmCham Germany Annual Report 2021 10

virtually together Events / Year in Review

topic: IoT – Recent Developments in the US, EU Europe and the Transatlantic Relationship at March 24, 2021: Webcast in Cooperation with Working Group: and Asia Harvard Kennedy School. Commerzbank AG, Saxony Corporate & Business Law Committee topic: Ein Monat im Amt – erster Blick auf die speaker: Dr. Ralph Solveen, Commerzbank AG January 27, 2021: E-Business After Hours, Regierung Biden topic: Outlook 2021: Where are the Global July 2, 2020 Baden-Württemberg Economy and Financial Markets Headed? topic: The Committee on Foreign Investment in February 22, 2021: Finissage, Bavaria speaker: Scott Horton, attorney and journalist the United States (CFIUS): Understanding the US topic: One Week Thereafter – The Way Forward speaker: Christopher Makos, American Photogra- March 24, 2021: Insights Webinar, Bavaria Foreign Investment Screening Process After Inauguration pher & Artist speaker: Stefan Hafke, Citigroup Global Markets speakers: Dr. Julia Pfeil, Dentons Europe LLP; topic: From A New Yorker's Perspective. Europe AG Joshua Jungman, US Department of the Treasury; February 10, 2021: Insights Webinar, Northern Photography by Christopher Makos topic: Digital Currencies: Transformation of the James Cerven, US Department of State Bavaria Banking and Monetary System? speaker: Prof. Manfred Berg, Heidelberg Center February 24, 2021: Insights Webinar, November 25, 2020 Baden-Württemberg for American Studies April 8, 2021: Insights Webinar, topic: Germany’s Corporate Sanctions Act and topic: A House Divided? Demografie, Ökonomie speakers: Peter Spiegel, ; Marika North Rhine-Westphalia Its Impact on Companies and Directors und Rassismus im Amerika des 21. Jahrhunderts Lulay, GFT Technologies; Wilfried Porth, Daimler speaker: , Coordinator of Trans- speakers: Dr. Eike Bicker, Gleiss Lutz Hootz AG; Dr. Ralf Hofmann, MHP, A Porsche Company; atlantic Cooperation of the German Federal Hirsch PartmbB Rechtsanwälte, Steuerberater; February 11, 2021: Insights Webinar, Rhine-Main Magdalena Mook, International Coaching Government Dr. Christoph Klahold, BCG Consulting Group and speakers: Frank Petrolli, HP Germany and Federation topic: The Transatlantic Alliance is back – wie German Institute for Compliance Valentin Kurtovic, SolidPro GmbH topic: The Language of Leadership stehen die Chancen auf eine tiefe Zusammen- topic: The Company of the Future Talks Additive arbeit mit der neuen Administration? June 2, 2021 March 9, 2021: Insights Webinar, Overseas – 3D Printing Possibilities topic: The Expansion of Collective Redress in speakers: Peter Flanagan and Stephen Rade- April 21, 2021: Insights Webinar, Northern Germany February 16, 2021: Insights Webinar, maker, both Covington & Burling (Washington, Bavaria speakers: Representatives from the US Chamber Berlin-Brandenburg DC) speaker: Dr. Daniel S. Hamilton, Johns Hopkins of Commerce in Brussels speakers: Robin Quinville, US Embassy Berlin; topic: US Sanctions and Export Control Policy: University SAIS Krista Pilot, PepsiCo; Xenia Scholl, Aitonomi Key Developments and Prospects for Change in topic: Transatlantic Economic Relations under TeleRetail the Biden Administration the Biden Administration topc: Women in Leadership – Why Is This Still an Issue for Debate? March 15, 2021: Virtual Discussion, Lower May 25, 2021: Insights Webinar, Saxony Saxony speaker: Michael Kaiser, Smart Systems Hub February 17, 2021: Insights Webinar, Lower speakers: Ambassador Boris Ruge. Munich GmbH Saxony Security Conference; Prof. Dr. Christiane Lemke, topic: Digital Product Factory: Individuality, speaker: Helge Fuhst, ARD Leibniz University Hannover; Daniel Andrich, Methodology and Agility – Central Building topic: Fake News in COVID-19 Times – a AmCham Germany; Dr. Carsten Kuhlgatz, Blocks in the Co-Innovation Process German-American Comparison Industrie-Club Hannover e.V; moderated by Nina Englert, BMW June 15, 2021: Insights Webinar, February 19, 2021: Insights Webinar, topic: Resetting the Transatlantic Partnership? North Rhine-Westphalia Berlin-Brandenburg Opportunities and Challenges speaker: Fiona Evans, US Consul General, US speakers: Prof. Dr. Johannes Beermann, Steuben- Consulate General Düsseldorf Schurz Gesellschaft; Cathryn Clüver Ashbrook, topic: NRW & USA: Shaping the Future Together: For an overview of all upcoming events, please see: Future of Diplomacy Project and the Project on A Look ahead >> www.amcham.de/events/upcoming-events AmCham Germany Annual Report 2021 11

virtually together Events / Year in Review

Amcham Germany’s NextGen Initiative Virtual NextGen Day with Michael Werz, Center for American Progress June 10, 2020 The NextGen Initiative supports the tic partnership. In bringing together During the first Virtual NextGen Day, Michael Werz of the Center for future of AmCham Germany by creat- this group of aspiring people from a American Progress, brought interesting insights regarding the current situation in the USA and its implications for the presidential election in ing an enthusiastic, digitally driven variety of sectors, it is our goal to sup- November 2020. community that is attractive for com- port tomorrow’s decision makers and ing generations of diverse talent. Each transatlantic business leaders. By par- Virtual NextGen Workshop on Best Practices for Regional Chapter year, AmCham Germany’s corporate ticipating in the NextGen Initiative, Events members nominate young profes- our member companies profit from July 16, 2020 sionals to take part in the program. employees with a transatlantic mind- speaker: Bernhard Muthsam, Ernst & Young GmbH; Oliver Karpf, B. Metzler seel. Sohn & Co. KGaA, NextGen Ulla Maren Kaeding, Ford Werke Due to COVID-19, the program had to set and an enhanced professional net- GmbH. be adjusted but is sought to continue work that spans multiple industries. NextGen-hosts Andreas Lohbeck and Meike Grisson welcomed Bernhard on its very successful path as soon as After completion of the NextGen year, Muthsam and Oliver Karpf as two longstanding members of AmCham possible. participants benefit from the grow- Germany’s Regional Committee Baden-Württemberg. Participating NextGens gained insights into how to organize successful (digital) ing NextGen alumni network. The Through the NextGen Initiative, regional chapter events themselves. AmCham Germany connects young initiative is overseen by a steering professionals who have a strong committee consisting of NextGens. Virtual NextGen Alumni Get-Together with Carla Reemtsma, Fridays for Future and Christian Weingärtner, Ford of Europe interest in fostering the transatlan- >> www.amcham.de/next-gen December 10, 2020 Organized by the NextGen Steering Committee, participants were able to get to know our new General Manager Daniel Andrich. Furthermore, Carla Reemtsma and Christian Weingärtner shared their personal opinion on the topic “Economic Freedom and the Fight against Climate Change – Antipodes or Two Sides of the Coin” and engaged in a lively discussion with NextGens.

Virtual NextGen Day with Cedrik Neike, Siemens AG February 10, 2021 NextGen-hosts Olivier Tokple and Anna Wilcke welcomed Cedrik Neike, Member of the Managing Board of Siemens AG and CEO Digital Indus- tries, Siemens AG. Neike gave insights into the impact of the COVID-19 crisis on businesses (and Siemens in particular) and the “new normal” regarding digitization and global business. AmCham Germany Annual Report 2021 12

Events / Road to Election Night & Beyond

Berlin, September 1, 2020 Berlin, October 9, 2020 Virtual Launch of #R2EN / session 1 Virtual Discussion / session 3 speakers: Congressman Ami Bera (D-CA), Chair- speakers: Peter Baker, Chief White House man of the Asia, Pacific, and Nonproliferation Correspondent for The New York Times and Co- Subcommittee of the House Foreign Affairs Author of “The Man Who Ran Washington: The Committee; Vice Chair of the House Committee Life and Times of James A. Baker III” and David on Science, Space, and Technology, United States Frum, Staff Writer for The Atlantic and Author of House of Representatives and Congressman Jim “Trumpocalypse: Restoring American Democ- Road to Election Sensenbrenner (R-WI), Member of the House racy”, moderated by Vendeline von Bredow, Foreign Affairs Committee; Ranking Member of European Business and Finance Correspondent Night & Beyond the Subcommittee on Antitrust, Commercial and for The Economist Berlin, November 3, 2020 Administrative Law of the House Judiciary Com- topic: Beyond the Campaign Trail: The Future of The transatlantic virtual event series Virtual Discussion / session 5 mittee, United States House of Representatives, the American Presidency Road to Election Night & Beyond #R2EN in a conversation with Rüdiger Lentz, Executive Peter Baker and David Frum took a look beyond speakers: John B. Emerson, Daniel Benjamin, was jointly organized and hosted by Director of the Aspen Institute Germany. the campaign trail during the final stretch Frank Sportolari, Dr. Benjamin Becker, , Prof. Dr. Michael Hüther, Dr. Meike several transatlantic institutions and topic: Transatlantic Town Hall: A Bipartisan of a contested race for the White House and Congressional Perspective on the Future of the discussed what the future of the American Zwingenberger, Christian Schmidt, Metin political foundations. Euro-American Bond presidency could look like. Hakverdi, Alexander Graf Lambsdorff, Thomas The two Congressmen provided a bipartisan Kleine-Brockhoff, Markus Ferber and Dr. Ellen More information on the virtual series assessment of the current state of transatlantic Ueberschär, moderated by Annette Riedel and the event videos can be found here: affairs. topic: Election Day in America: A Pre-Analysis from Berlin https://transatlantische-impulse.de/r2en Berlin, September 23, 2020 On the eve of the US presidential election, Virtual Discussion / session 2 leading representatives of the transatlantic speakers: Ambassador Dr. Emily Haber, Ambas- community came together in Berlin, in order to sador of the Federal Republic of Germany to the help make sense of the events unfolding across Kindly supported by United States and Ambassador John B. Emerson, the Atlantic. KPMG AG Vice Chairman at Capital Group International, Wirtschaftsprüfungsgesellschaft Chairman of the American Council on Germany, Berlin, November 13, 2020 and former Ambassador of the United States to Berlin, October 16, 2020 Virtual Discussion / session 6 the Federal Republic of Germany, moderated Virtual Discussion / session 4 by Dr. David Deißner, Executive Director of the speakers: Robert B. Zoellick, Former President speakers: Melissa Eddy, Berlin Correspondent Atlantik-Brücke e.V. of the World Bank, US Trade Representative & for The New York Times, Tina Hassel, Head and topic: Knowing Each Other? Mutual Perceptions US Deputy Secretary of State and , TV Editor-in-Chief of ARD-Hauptstadtstudio in Across the Atlantic President of the European Investment Bank, Berlin, Tonia Mastrobuoni, Berlin Correspondent The two Ambassadors shared their assessment moderated by Dr. Stormy-Annika Mildner, Head for La Repubblica and Wojciech Szymański, of how Americans currently perceive their of External Policy at the Federation of German Berlin Correspondent for the Polish Section of German partners across the Atlantic—and vice Industries (BDI) , moderated by Terry Martin, versa. topic: The Future of the Multilateral Order Senior Anchor for Deutsche Welle News The moderated discussion provided an outlook topic: Beyond Election Day: Transatlantic Media on the future of multilateralism. De-Brief >>> AmCham Germany Annual Report 2021 13

Events / Road to Election Night & Beyond

Ten days after the election an international topic: Migration, Flight, and US Immigration Berlin, January 20, 2021 press club came together in Berlin to discuss Policy under President Biden Virtual Discussion / session 10 the aftermath of the 2020 US Presidential In this panel discussion, practitioners and speakers: John B. Emerson, Chairman, American Election. Five leading journalists representing experts from the field discussed what post- Council on Germany Ambassador of the United Cham Germany) ergeben, dass 80 Prozent der be- damit die regelbasierte Liberalisierung des Welthan- fragten deutschen Unternehmen mit Standort in den gen finden kann, hat die Zusammenarbeitdels des voranzutreiben. deut- Die US-Seite muss ihrerseits ei- USA die allgemeine Verlässlichkeit der Politik als staatlich erlassene Instrumente zur Bekämpfung des schen BiotechnologieÜber-Unternehmens die AutorInn BioNTechennen konsequenten und Abbau ihrer Zölle einleiten. the United States, Germany, Italy, Poland, and Trump immigration policy might look like, and schlecht, beziehungsweise weniger gut bewerten. Klimawandels die Entscheidungsfreiheit der Unter- des US-amerikanischen Pharmakonzerns Pfizer be- nehmen nicht einschränken. Innovative Produkte und States to Germany (2013-17); Daniel Benjamin, Zum Vergleich: wiesen.2018 waren Vereinfacht es nurDaniel 50beschrieben: Prozent. Andrich Das ist BioNTech seit demNur 1.ohneentwi- November diese Hemmnisse 2020 Geschäftsführer können Lösungen von AmCham für die Ger- Vertrauen in dieckelte US-Politik den Impfstoffist demnachmany. gegen überDavor COVID die war letz- er vier RevitalisierungJahre Geschäftsführer derDienstleistungen transatlantischen des Representative im EnergieWirtschaftspart- -of und German Klimabereich In- kön- dustry and Trade,-19; RGIT, Pfizer in stelltWashington, die DC. In seiner dortigen Funktion hat er sich ten Jahre immerProduktion. weiter gesunken Nach eigenen und beeinflusst Angaben In- planennerschaft die Unter- erfolgreichnen nur umge durchsetzt die werden.freie Wahl Kürzlich der Produktionsstan- vestitionsentscheidungen deutscherfür dieUnternehmen transatlantischen in konntenWirtschaft sich diedorte EU undund der USA flexiblen auf einen zeitlichen nehmen, bis Ende des Jahres weltweit bis zu zweisbeziehungen eingesetzt und Ausgestaltung die Interessen der der Wertschöp- commented on possible repercussions what challenges—political, bureaucratic, and den USA. Die Politik muss nun Vertrauendeutschen wiederher- Wirtschaft in BurgfriedenWashington, im DC fungskettenSubventionsstreit vertreten. entwickelt Zuvor beiwar werden. AirbusAndrich undin unter- Milliarden Impfdosen herzustellen. Der wirtschaftliche schiedlichen Funktionen für den Bundesverband der Deutschen Industrie (BDI) tä- President, American Academy in Berlin, stellen und verlässlicheErfolg und Rahmenbedingungen der Wohlstand des transatlantischenfür die Boeing Wirt- verständigen:März Die 2021Zölle liegen für die nächs- tig. Andrich studierte Politikwissenschaft Einean der Voraussetzung Westf für die gemeinsame Arbeit zur Wirtschaft schaffen,schaftsraums damit die hängen transatlantischen also maßgeblich Un- vomten Koope-vier Monate auf Eis. Die Einigung markiert einen A Call for Action: Eine neue AgendaMünster fürund schlosstransatlantischen mit Magister Artium HandelBekämpfung ab. und älischendes Klimawandels Wilhelms war das Bekennt ternehmen ausrationswillen dieser schweren zwischen Krise beiden schnell Seiten und ab. guten ersten Schritt in Richtung eines verstärkten-Universität nis der neuen US-Administration zum Pariser Klimaab- Investitionenkraftvoll hervorkommen. Katharina- transatlantischen Kooperationswillens. Der seit Jahr- Luise Kittler ist seit März 2019kommen. für AmCham Auf der Germany Grundlage tätig dieses und leitetgemeinsamen on the Euro-American partnership and voiced cultural—the Biden administration is likely to Die deutsche Bundesregierungden Bereich Communications s zehnten und andauernde Government Streit Relations. sollte so Zuvor schnell arbeitete wie mög- sie als ollte sich ebenfalls in Die globalen Unsicherheiten Daniel Andrich & KatharinaVerständnisses-Luise Kittler können zukunftsweisende Energie- Ambassador-at-Large and Coordinator for Coun- der EU dafür sindeinsetzen,Referentin groß, und strategische undes liegt Redakteurin in Gesprächelich beigelegt mit und die damit verbundenen Zölle end- der Verantwortung politischer Entscheidungsträg für die Mittelstandstechnologien entwickelt und eingesetzt werden. Inter- den USA über gemeinsamedem Fokus Maßnahmenauf Öffentlichkeitser- imgültig Umgang aufgehoben werden.- und GleichesWirtschaftsunion, gilt für die ebenfalls sofor- mit Die transatlantischeInnen, fürWirtschaftspartnerschaft Vertrauen und Stabilität stehtzu sorgen. auf stabilen D Füßen und- und konnte Politikarbeit. dennationale turbulenten Kittler Wettbewerbsfähigkeit ist ausgebildete Journalistin kann nur mit investi- mit dem systemischenund studierte Wettbewerber Amerikanistik,ie Mit- undtige Politikwissenschaften RücknahmeWirt- der US- Zölleund Publicauf Stahl Relations letzten Jahren und dem angespannten politischen Verhältnis mit robusten und vertrauensvollentionsfreund Be- - und Alumini- gliedsunternehmenschaftspartner von AmCham Chinaversität Germany zu führen. sind Mit und sich seinen Univer Zöllen,umimporte der aus der EU. Donaldlichen Trump Rahmenbedingungen hatte die Zölle gelingen so- ziehungen entgegentreten. Trotzdem darf der Erfolg der transatlantischensity Wirtschaftof Houston wienicht und durch alsschloss Selbst- mutige mit InvestitionenMaster of Arts in an abKlimaschutztechno- der Uni- their expectations towards a Biden-Harris face in the coming years. einig: Deutschlandstaatlich sollte ingelenkten der EU eine Wirtschaftspolitik, Führungsrolle mit der Begründung verhängt, dass Stahl und Alumi- verständlichkeit begriffen werden. Transatlantische Unternehmen erwarten eine neue Agenda für die . einnehmen, um die transatlantischen Beziehungen seinem er- logien. terterrorism, US Department of State (2009–12); Handels- und Investitionspartnerschaftzwungenen zwischenTechnologietransfer EU, Deutschland und dem undnium mangel- USA aus – dem und Ausland diese muss die nationale vor Sicherheit in den wiederzubeleben und nach gemeinsamenDieser Text Wegen stellt derdie persönliche An allem auf dem starken Kooperationswillenhaften Schutz aufgeistigen beiden Eigentums Seiten des sorgt Atlantiks USAChina fußen.gefährdeten. für Datentransfer Die Biden- Administrationrechtssicher gestaltensollte Kooperation zu suchen. Deutschlandnicht im mussNamen sich der in mit ihnen assoziiertensicht Institution.der Autorenschaft dar. Die Autorenschaft spricht ausdrücklich deutlich spürbare Spannungen im multilateralendiese Han- kostspieligen Handelsbarrieren zügig abschaf- Europa für eine Agenda der konsequenten Vertiefung delssystem. Die EU und die USA sollten gemeinsamfen. Ein weiterer Schwerpunkt der transatlantischen Zu- administration. Die Beziehungender zwischen transatlantischen denund USA selbstbewusst undPartnerschaft Deutsch- gegen einsetzenhat, Wettbewerbsverzerrungen kommen und neue wirtschaftliche sammenarbeit Herausforderun- ist eine gemeinsame Über diese Reihe Digital-Agenda. land bestehen nichtproaktiv nur zwischenauf dieund denamerikanischen un staatlichen Akt- Partnergen, zugehen. die sich – vor Auch allem strengere in den letztenAls Kontrollen Grundvoraussetzung Jahren von – in Exporten undfür digitalesInvesti- Wirtschaften Warren Marine, Treasurer, American Chamber faire Handels-, Subventions- und Investitions- euren auf Bundesebene,Denn auf der sondern anderenpraktiken basieren Seite vorgehen. desbeson- AtlantiksIn DaraufAnknüpfungeinem steht aufbauend politischPräsi- an die sollteunzuverlässigenvirtuelletionen die Veranstaltungsreihe Esowie Umfeld mussRelokalisierungen abspielen.vor allem die digitalevon Lieferketten Infrastruktur in Deutsch- U ders auf den Partnerschaftendent Joe Biden Maßnahmen zwischenvor der Herkulesaufgabe, den jeweili-wie atlantischehandelspolitische die CoronaInstitutionen- Schutzinstru- bauenund politische Handelshemmnisse landStiftungen deutlich Joe Road verbessertzwischen Bidens to Election Innen beidenwerden.- NightSeiten Das &aktuelle Beyond Trans- Aktuell sind laut Statista rund zehn Millionen Men- begleiten elf trans- gen Bundesstaaten,Pandemie Ländern zu bekämpfenund Kommunen. und die100Mit heimische Tage im Amt Wirt- hinaus aufim Rahmen und verhindern dieser Publikationsreihe. erfolgreiche, transatlantische Wir möchten Ko- das hoffnungsvolle Momentum mente für einen fairen undschen transparenten in den USA Wettbewerb arbeitslos – doppeltatlantic so Business viele im Barometer, eine und jährliche Außenpolitik Umfrage über seine ersten den umfassendenschaft Beziehungen wiederaufzubauen.für einer alle VielzahlUnternehmen Trotz an zahlreicherUn-nach vorantreiben. seiner Bekennt- Amtseinführungoperation. aufgr Wirtschaftlicherdurchgeführt Erfolg von AmCham und Resilienz Germany kön- mit Roland Ber- Vergleich zum Vorjahr. Und aucheifen an und Deutschland ge- ternehmen aufnisse beiden zur Seiten internationalen des Atlantiks Zusammenarbeit ist dendie USA, Deutschland werden undnen nurEuropa durch setzen. globaleTransatlantische Zusammenarbeit Impulse und nicht nur of Commerce in Germany e.V., Partner & Head hen die wirtschaftlichen Folgen derger, Pandemie gibt an, dassnicht 57 Prozent der für befragten die Zusammenarbeit US zwischen Wirtschaft einezunächst besonders die wichtige LösungenHandels Säule der- der heimischen trans-#TransatlantischeImpulse Probleme Bi- kleinteilige und nationale MehrLösungen Informationen erreicht werden. So -Un- und Klimapolitikspurlos zus vorbei.ammendenken Besonders der Einzelhandelternehmen leidet mit un-Standorten inzur Deutschland Reihe gibt diees Quali- atlantischen Beziehungen. Seit vielen Jahren wächst https://transatlantische - unter dem Hashtag dens politische Agenda bestimmen. Erter muss den sogenanntenVer- forschen Lockdowns. zum Beispieltät 50.000 der digitalen Geschäftedie Unternehmenimpulse.de Infrastruktur .der mit industri- schlecht oder weni- die wirtschaftliche VerflechtungEine und zentrale sorgt für AnforderungStabili-Partner: Americanan den transatlantischen Chamber of Commerce in Germany, American Council on Germany, Amerikahaus trauen wiederherstellen – auch und besonderssollen laut bei Handelsverband ellen Gesundheitswirtschaft Deutschlandger gut imbewerten. Frühjahr an neuen und innovati- tät und gesellschaftlichen Wohlstand.Wirtschaftsraum Durch imVer-München, 21. Jahrhundert AmerikaHaus äußert NRW, sich imAspen Institute Germany,Nur Deutsche mit der AtlantischeVerbesserung Gese dieses der eigenen Bevölkerung und gleichzeitig2021 in vor politi- dem Ausven stehen. Produkten BeideStandortfaktors Seitenund produzieren stehen vor kann diese Deutschland in grenzüber- wettbewerbs- trauen und Innovationsgeist investierenKlimawandel. europäische In EbertZukunft -Stiftung, müssen Friedrich Handels- und schen Institutionen und bei internationalenähnlichen Verbünde- Herausforderungen-Naumannschreitenden und- Stiftung und Netzwerken.innovationsfähig müssen für die Lösungen Freiheit, Hierfür bleiben. istThe die German Funktionsfä- Marshall Fund llschaft,of the United Friedrich Sta- of US Country Practice, KPMG Germany; Martin- Unternehmen in den USA undKlimapolitik US-amerikanische noch stärkertes, Un- Hanns zusammengedacht-Seidel werden. - -Stiftung, Heinrich ten. finden, um die Pandemiehigkeit zudes überstehen- Bölleuropäischen-Stiftung und der Binnenmarktes Wirt- und globa- ternehmen in der EU seit Jahrzehnten und haben so . Gemeinsam müssen die rasant fortschreitenden Kon- Eine wichtige Maßnahme einer neuen Digital- schaft wieder auf lerdie LieferkettenBeine zu helfen. essenziell. Es ist ZeitDie zuBekämpfung der Pan- Agenda den größten WirtschaftsraumAbbau von Handelshemmnissensequenzen der Welt geschaffen.des Klimawandels als Basis gestoppt werden. Die ist die Schaffung eines „trans Berlin, November 18, 2020 handeln. demie zeigt, dass im Pharma- und Medizintech-atlantischen Daten-

Der transatlantische Handel sichertEU und 15 USA Millionen müssen Ar- verantwortungsvoll mit den na- raums“ für europäische und US für Kooperation niksektor Lieferketten durch offene Grenzen, freien-Unternehmen, in beitsplätze und steht für etwatürlichen 30 Prozent Ressourcen des welt- haushaltenVertrauen und alsinnovative Grundvoraussetzung Lö- Handel und globaledem Kooperationinternationale wichtig Datentransfers sind und pro- rechtssicher, Sebastian Abel, Board Member, Freundeskreis weiten Handels.Es Über wird die jetzt Hälfte sungenentscheidend der globalen für klimaneutrales auf Investi- Europa ankommen,Wirtschaften fördern. Die nachhaltig und auf gleichwertigem Schutzniveau tionen in den USA kommen aus Europa und fast zwei Doch wie kann nuntektionistische eine neue Agenda Maßnahmen für die transat- abgebaut werden müs- Impulse für Wachstum,neue US-Administration Handel und bietetInvestitionen jetzt die möglich sind. Kurzfrist Drittel der US-Investitionen gehen nach Europa. lantische Handelseinzigartigesen,- und umInvestitionspartnerschaft die Versorgung mit aus-Medikamentenig muss und Deutschland Me- mit der durch systematischenChance, zuAbbau belastbaren sämtlicher Vereinbarungen Handels- zu kommen: EU Virtual Discussion / session 7 sehen? Im ersten dizinproduktenSchritt muss die sicherzustellen.Revitalisierung-Kommission der auf die US-Regierung zugehen, um hemmnisse zu setzen. Die Bundesregierung sollte Die Corona-Pandemie zeigtVon jedoch, einer wie effektiven verletzlich CO2 -Bepreisungtransatlantischen über ein Beziehungen globa- angestorganisatorischeoßen werden. und technische Übergangsmaßnah- sich für ein Moratorium der Wohlstand in Europa undles Levelden USA-fürPlaying alleist, Zölle wennField und bis handelspoli-hinDie zuPräsidentschaft InvestitionenZiele Donaldin er-und TrumpsHerausforderungenmen zuhat vereinbaren. die Bezie- Perspektivischdefinieren braucht es einen AmerikaHaus NRW e.V., Director, MSL Germany, beide Wirtschaftsräumetischen Strafm in dieneuerbareaßnahmen größte Krise Energien der seit EU dem sowie liegen für großes einen kla- Potential in der hungen zwischen der EU und den„Digitalen USA verändert:Transatlantischen Wirtschaftsraum“ mit Die EU und USA sollten mit einer neuen transat Zweiten Weltkrenrieg Fahrplan geraten. derZuZusammenarbeit derEU -gesundheitlichenKommission beider zur notfallsWirtschaftsräume.Vertrauen einsei- spielt hier eine zentraledem Rolle. erklärten 2020 Ziel, hat die Wettbewelanti- Überdiesschen Agenda gemeinsame Herausforderungenrbs und- und Innovati- Katastrophe, welchetigen Reduzierung die Pandemiesollte diealler hervorgerufen Bundesregierung Zölle einsetzen. darauf eineEin Befragungdeutli- hinwirken, unter Heraus- den Mitgliedsunternehmenonsfähigkeit der EUder und der USA in einem extrem dy- ches Zeichenforderungen ist notwendig, und um Chancen das Bekenntnis desAmerican EU Green zur Chamber DealsZiele of wett- identifizieren.Commerce in GermanyAn erster (Am-Stelle ist hier die Bewäl- namischen globalen Wettbewerbsumfeld zu erhalten. speakers: Heather A. Conley, Senior Vice tigung der Corona-Krise zu nennen. Wie man in der transatlantischenbewerbsfreundlich Kooperation zu in untermauern allen Wertschöpfungsstufen und Tina Hassel, Head and TV Editor-in-Chief of ARD- gemeinsamen Krisenbewältigung innovative Lösun- umzusetzen sowie eine effektive CO2 -Bepreisung als Leitinstrument zu verankern. Gleichzeitig dürfen Herausgeberschaft: Aspen Germany Transatlantische Impulse Nr. 1 / März 2021 Redaktion:1 Laura et al. Senftleben/Dr. Design: Laura Senftleben Stormy-Annika Mildner President for Europe, Eurasia, and the Arctic & Transatlantische Impulse Nr. 1 / März 2021 Layout: Laura Senftleben 2 Hauptstadtstudio in Berlin; Prof. Dr. Michael Transatlantische Impulse Nr. 1 / März 2021

3 Transatlantische Impulse Nr. 1 / März 2021

Director of the Europe Program at the Center Hüther, Vice Chairman, Atlantik-Brücke e.V.; 5 for Strategic & International Studies (CSIS), and Director and Member of the Presidium, German , Parliamentary State Secre- Economic Institute; Dr. Meike Zwingenberger, Publication Series tary at the German Federal Ministry of Defence Executive Director, Bavarian Center for Transat- and Member of Bundestag (CSU), moderated lantic Relations; Prof. Dr. Stefan Fröhlich, Board Transatlantic Impulses by Andrea Rotter, Head of Division Foreign and Member, German Atlantic Association, Chairman, The participating institutions will continue Security Policy at the Hanns Seidel Foundation University of Erlangen-Nuremberg Institute of Berlin, December 9, 2020 to foster debate on a healthy and strong topic: Safeguarding Transatlantic Security: A Political Science; Knut Dethlefsen, Representa- Virtual Discussion / session 9 Euro-American partnership by assessing Joe “New Deal” in Euro-American Relations? tive to the US and Canada, Biden’s domestic and foreign policies from Heather A. Conley and Thomas Silberhorn speakers: Daniel Andrich, General Manager, Foundation; Michael Link, Board Member, a transatlantic perspective by means of the discussed what we can expect from the incoming American Chamber of Commerce in Germany e.V., Friedrich Naumann Foundation for Freedom, publication series Transatlantische Impulse Biden administration in terms of foreign policy, Dr. Christina Gommlich, Deputy Head of Berlin Member of the German Bundestag (FDP); Mareike (in German). how the US and its allies can safeguard transat- Office, Corporate Government Relations, BASF Ohlberg, Senior Fellow, Asia Program, German AmCham Germany has contributed a “Call for lantic security cooperation and what Europeans SE, Dr. F.- Hans Grandin, CEO, HUESKER Synthetic Marshall Fund of the United States; Markus Action” in March 2021: Both sides, the US and should be prepared to bring to the table. GmbH and HUESKER Group and Peter Riehle, Ferber, Chairman, Hanns Seidel Foundation, Europe, must equally explore new ways to President & CEO, Head of Region AMERICAS, Member of the European Parliament (CSU); define common interests and challenges. WITTENSTEIN US, Welcome remarks by Frank Bastian Hermisson, Executive Director North Berlin, December 3, 2020 Sportolari, President, American Chamber of America, Heinrich-Böll-Fundation, the discussion >> https://transatlantische-impulse.de Virtual Discussion / session 8 Commerce in Germany e.V., moderated by Annett was moderated by Terry Martin. speakers: T. Alexander Aleinikoff, University Pro- Meiritz, US Correspondent in Washington, DC, topic: Inauguration Day in America: Linking fessor and Director of the Zolberg Institute on Handelsblatt Washington and Berlin Migration and Mobility at The New School (NYC), topic: Why Trade Matters! The Future of To conclude the Road to Election Night & Beyond, Roberto Suro, Professor of Journalism and Public Transatlantic Economic Relations leading representatives of the transatlantic Policy at the University of Southern California, The speakers discussed the future of the trade community came together in Berlin, in order to moderated by Berit Ebert, Vice President of relationship between the United States and the help make sense of the inaugural process and its Programs, American Academy in Berlin European Union and the challenges it faces. implications across the Atlantic. >>> AmCham Germany Annual Report 2021 14

Events / Transatlantic Talks

Transatlantic Talks 2021 Paving the Path Ahead

Revitalizing the Transatlantic Relationship: Advancing Our Shared Economic Interests May 11, 2021 In light of the new US Administration and alongside speaker: Ambassador Philipp T. Reeker, Acting Assistant the goal of revitalizing the transatlantic relationship, Secretary, Bureau of European and Eurasian Affairs, US AmCham Germany has launched a new virtual event Department of State series, Transatlantic Talks 2021: Paving the Path Ahead. Ambassador Reeker provided insights on diverse topics The series aims to offer insights on what to expect from of current relevance for the transatlantic community. He KICKOFF EVENT outlined the importance of this moment in time, with the Biden Administration and the 117th United States What to Expect for the Transatlantic Business changes taking place in both the German and US admin- Congress on transatlantic topics. This format provides Community from the New US Administration istrations this year. He emphasized the challenges facing the transatlantic community: In a globalized world, policy a platform for exchange between distinguished US March 16, 2021 experts and decision makers, AmCham Germany issues are no longer limited to a single country or issue speakers: Senator Barbara Boxer and Congressman Charles area, but overlap and affect a multitude of countries and members, as well as the broader transatlantic business Boustany stakeholders. These challenges, which are regarded by the community. Both speakers provided insights into the expectations, Biden administration as focal points, include the effects of opportunities and challenges for the current US administra- the COVID-19 pandemic, climate change, and China’s rise. Discussions will focus around a number of AmCham tion. They gave AmCham Germany members an extensive Germany’s policy areas, including trade; digital policy; and bipartisan overview on diverse policy areas of focus on Ambassador Reeker provided an overview of areas in energy and climate; healthcare and life sciences; and a national and international level. They identified possibili- which transatlantic cooperation is needed as a means to ties for transatlantic cooperation in areas such as trade, strengthen mutual engagement: transatlantic security, aerospace and defense, and highlight the importance digital policy and health. Overall, the statements of both which involves climate change and its challenges, infra- of transatlantic cooperation to address and overcome speakers highlighted the current window of opportunity for structure, the digital economy, and finding innovative mutual global challenges. The Transatlantic Talks the transatlantic community. solutions together for a prosperous future. events will take place throughout the year and are Thank you to our Regional Chapter Rhine-Main and Chapter Thank you to our Regional Chapter Baden-Württemberg and organized in cooperation with AmCham Germany’s Chair David Knower for the organization of the event. Thank Chapter Chair Prof. Dr. Gerhard Wegen for the organization Regional Chapters. you to our sponsor Cerberus Beteiligungsberatung GmbH. of this event. AmCham Germany Annual Report 2021 15

Policy Activities / Overview of Policy Committees and Chairs

The voice of transatlantic AmCham Germany Policy Advisors Energy & Climate Committee business AmCham Germany’s public affairs and govern- ment relations activities revolve around the work of six specialized policy committees. The policy committees constitute AmCham Germany's forum for discussing and defining Advisor Dr. Wolfgang Dierker Advisor Philipp Braun Chair Ursula Menhart Chair Dr. Birgit Ortlieb policy recommendations on critical trans- Managing Director, Policy & Director, Head Government Head of Government Director Governmental Strategy Central Europe Region Relations Germany Affairs Germany atlantic business and government issues. Apple GmbH 3M Shell Deutschland GmbH Dow Deutschland Inc. They are the voice of transatlantic business and foster the dialogue between AmCham Germany’s member companies and decision Digital Policy Committee Healthcare & Life Sciences Committee makers in Berlin, Brussels and Washington, DC as well as other stakeholders in politics, business and civil society. Position state- ments and press releases are developed in order to deliver members’ opinions to govern- ment, the public and relevant stakeholders. Chair Dr. Guido Brinkel Chair Nina Keim Chair Christine Wenzel Chair Dr. Gerd Kräh Chair Dorothee Stamm Two Policy Advisors coordinate all advoc- Leiter Regulierungspolitik/ Director Government Head of Corporate Affairs Senior Director Govern- Government Affairs Director Corporate Affairs Affairs & Public Policy DACH & Head of Berlin Office ment Affairs Manager, Leiterin Haupt- acy activities beyond the committee-specific Microsoft Deutschland Salesforce.com Germany Hewlett Packard Enterprise Lilly Deutschland GmbH stadtrepräsentanz issues. GmbH GmbH Medtronic GmbH

Aerospace and Defense Committee Tax Committee Trade Committee policy committees: • Aerospace & Defense • Digital Policy • Energy & Climate • Healthcare & Life Sciences • Tax • Trade

Chair James E. Monroe Chair Felix Hierstetter Chair Christof K. Letzgus Chair Dr. Clemens Doepgen Chair Dr. Christina Gommlich Geschäftsführer/CEO International Tax Director Partner, StB, RA Mitglied der Geschäftsfüh- Senior Manager Economic P rung für Europa- und Regie- olicy & International Networks Monroe Atlantic GmbH General Electric Deutsch- PricewaterhouseCoopers land Holding GmbH GmbH Wirtschaftsprüfungs- rungsangelegenheiten BASF SE gesellschaft Ford-Werke GmbH AmCham Germany Annual Report 2021 16

Policy Activities / Committee Meetings

Standing up for transatlantic business

From keeping our members informed on what Selected policy committee meetings (July 2020–June 2021) matters most to promoting their dialogue with July 6, 2020 October 22, 2020 February 22, 2021 political leaders – AmCham Germany’s advocacy Aerospace & Defense Energy & Climate Committee Healthcare & Life Sciences work is committed to supporting fair and free trade Committee Meeting Meeting Committee Meeting between the US and Europe and promoting a regula- with Dr. Peter Beyer, MdB, Transat- with Dr. Guido Wustlich, Head of with , MdB, lantic Coordinator, Federal Foreign Unit III B 2, Renewable Energy Act member of the Committee of Health, tory framework that encourages investment and Office and General Energy Law, Federal CDU/CSU Parliamentary Group fosters economic growth. topic: Germany’s security priorities Ministry of Economic Affairs and topic: Use of data for research and in the EU Council presidency Energy development; current health policy Currently, more than 180 of AmCham Germany’s topic: Renewable energy act 2021 issues (COVID-19 vaccine production) corporate members are actively engaged in our September 16, 2020 six industry- and issue-specific policy committees. Joint Committee Meeting November 10, 2020 February 23, 2021 Together, we devise positions and submit policy Trade Committee and Energy & Digital Policy Committee Meeting Joint Committee Meeting Energy & Climate Committee with Andreas Mundt, President of Climate Committee and Trade recommendations to political decision makers in with , MdB, Spokes- the Federal Cartel Office Committee Germany, the EU and the US. Our regular committee man for Economic and Energy Policy, topic: 10. GWB-Novelle; new compe- with Thorsten Herdan, Head of meetings with political stakeholders serve as a SPD Parliamentary Group tition tool and gatekeeper-regula- Department II, Energy Policy – Heat platform for our members to address their concerns topic: Future trade relations of the tion and Efficiency, Federal Ministry of EU, green recovery in times of the Economic Affairs and Energy directly and simultaneously use the weight of a COVID-19 pandemic December 10, 2020 topic: Transatlantic energy coopera- unified voice. Tax Committee Meeting tion, CBAM, hydrogen October 13, 2020 with , MdB, Member Healthcare & Life Sciences Finance Committee, CDU/CSU March 3, 2021 policy committee activities Committee Meeting Parliamentary Group Aerospace & Defense Committee 2020/2021 with , MdB, Chair- topic: ATAD Implementation act, Meeting man of the CDU/CSU Parliamentary extraterritorial taxation of royalty with Dr. Julia Monar, Export Control Group in the Committee on Edu- payments and IP transfers Officer at the Federal Foreign Office 18 + cation, Research and Technology and Secretary of State Dr. Christina Committee meetings Assessment February 9, 2021 Decker at BMWi topic: Research funding, current Trade Committee Meeting topic: German Government arms health policy issues with Michael Klor-Berchtold, Head of export report; future of transatlantic 8+ relations in security policy Papers and statements Department for Economy & Sustain- able Development, Federal Foreign Office 4 + topic: New impetus for the trans- Top level meetings atlantic cooperation with the new administration >>> AmCham Germany Annual Report 2021 17

Policy Activities / Committee Meetings / Papers & Statements

Papers & Statements 2020/2021

March 17, 2021 July 2020 October 2020 Trade Committee Meeting Open Letter to Wilbur Ross, US Secretary Supplementary Statement on “Referen- with L. Daniel Mullaney, Assistant US of Commerce on recent court ruling on tenentwurf eines Gesetzes zur Umset- Trade Representative for Europe and the EU-US Privacy Shield zung der Anti-Steuervermeidungsricht- the Middle East at Executive June 3, 2021 linie - § 4k EStG-E” Office of the President Digital Policy Committee Meeting (Federal Ministry of Finance) topic: President Biden’s 2021 trade with , MdB September 2020 agenda to Congress topic: Transatlantic data room, Survey on the EU Pharmaceutical December 2020 artificial intelligence, digital ministry, Strategy – Timely patient access to April 28, 2021 Schrems II affordable medicines Statement on „Referentenentwurf eines Tax Committee Meeting Abzugsteuerentlastungsmodernisier- with Dr. Rolf Möhlenbrock, Head of June 3, 2021 ungsgesetzes“ June 2020 the Directorate-General for Taxation, Energy & Climate Committee (Federal Ministry of Finance) Federal Ministry of Finance Meeting “Leadership through Recovery – Recom- topic: Registerfälle, Hybride/4k with Norbert Gorißen, Deputy Direc- mendations for the German Council January 2021 EStG-E tor General International Policy, Fed- Presidency of the European Union” eral Ministry for the Environment, Supplementary Statement on “Refer- May 5, 2021 Nature Conservation and Nuclear entenentwurf eines Abzugsteuerentlas- Trade Committee Meeting Safety tungs-modernisierungsgesetzes - § 49 with David De Falco, Deputy topics: COP26 and multilateral Abs. 1 Nr. 2 Buchstabe f und Nr. 6 EStG – Assistant Secretary for Europe and cooperation in energy and climate Entwurf eines BMF-Schreibens” Eurasia/Global Markets, Department policy, carbon border adjustment (Federal Ministry of Finance) of Commerce (International Trade mechanisms, US-German energy Administration) partnership March 2021 topic: Current transatlantic trade June 15, 2021 issues June 8, 2021 Healthcare & Life Sciences Position Paper on the German Federal Joint Committee Meeting Energy & Committee Meeting Election 2021 May 19, 2021 Climate Committee and Trade with Gesa Miehe-Nordmeyer, Head Healthcare & Life Sciences with Dr. Winfried Horstmann, Head of the Department Social, Health, Committee Meeting of Department for Industrial Policy, Labor Market, Environment and with , Minister Federal Ministry of Economic Affairs Social Politics, German Federal for Economy, Science and Digital and Energy Chancellery Society of topics: Carbon border adjustment topics: Pharmaceutical strategy topic: Thuringia as a business loca- mechanisms, regulation under the EU for Europe, EU action plan against tion for the industrial health indus- Green Deal, US-German cooperation antimicrobial resistance, intellectual try and intellectual property rights on energy and climate issues property rights AmCham Germany Annual Report 2021 18

Policy Activities / Top Level Meetings

In dialogue with political leaders

Our Top Level Meeting series provides AmCham Germany’s leadership exclusive access to the highest political levels in Germany. In meetings with Federal Ministers and the Minister-Presidents of German federal states, we illustrate the particular importance of the German-US trade relationship and free trade more broadly as an important pillar of our shared economic successes. In addition, we use these high-level forums to advocate the improvement of Germany’s attractiveness September 22, 2020 December 16, 2020 as a business location for foreign investors and promote Top Level Meeting with Wolfgang Top Level Meeting with Bavarian State fair competition within Germany’s various markets. Schmidt, State Secretary at the Federal Minister, Dr. Florian Herrmann Ministry of Finance topic: Priorities with regard to Bavarian- topic: Recovery of the economy in the American economic cooperation transatlantic context after the Corona- pandemic © BMG October 1, 2020 June 18, 2021 High Level Discussion with Dr. Karl Top Level Meeting with Jens Spahn, Brauner, Deputy Director-General of the Federal Minister of Health World Trade Organization (WTO) topic: Approval of medical devices, patent topic: The future of the multilateral trade protection, security of supplychains and system transatlantic research cooperation AmCham Germany Annual Report 2021 19

Policy Activities / Federal Elections in Germany – Position Paper

Expanding Germany’s Economic Strength through Cooperation Recommendations for the next German government on the occasion of the 2021 Bundestag election

trade Promoting economic growth by tainable framework and ensure the February 4, 2021 removing barriers same level of protection. In the short The German government should advo- term, Germany, together with the EU Virtual discussion with Peter Beyer, MdB cate for a moratorium on all EU tariffs Commission, must approach the US gov- and punitive trade measures and for a ernment to agree on organizational and clear roadmap by the EU Commission technical interim measures. Looking to, if necessary, unilaterally reduce ahead, we need a “Digital Transatlantic all tariffs. A clear signal is needed to Economic Space” with the declared goal advance the rules-based liberalization of maintaining the competitiveness of global trade. and innovative capacity of the EU and the US in an extremely dynamic global healthcare Ensuring supply secu- The position paper was published in spring 2021. competitive environment. rity through resilient value chains It was a joint project of all policy committee February 18, 2021 chairs under the lead of Dr. Wolfgang Dierker, and strong research and innovation energy & climate Climate protection Virtual discussion with Jürgen Hardt, MdB AmCham Germany Policy Advisor, and Philipp In the healthcare sector, vaccine devel- Braun, AmCham Germany Policy Advisor as a transatlantic task opment has just recently shown how With regard to climate protection, there German and US companies can work succeed if the framework conditions is a unique opportunity with the new US together quickly and effectively to for investments in forward-looking administration to reach tangible agree- contain the pandemic. These innova- technologies and jobs in Germany and ments. From effective CO2 pricing, to tions are based on essential conditions the EU are not significantly worse than creating a worldwide level playing field such as open borders, predictable supply in other countries with which Germany and investments in renewable energies, chains and clear commitment to intel- competes. Thus, corporate taxes should our opportunities lie in the transatlantic lectual property rights. These require- not be allowed to exceed the 25% level. cooperation. Peter Beyer, MdB (above), and Jürgen Hardt, Mdb, ments must be upheld also to foster a digital policy Ensure legal certainty for aerospace & defense Advance climate- discussed with AmCham Germany members the high willingness of companies to invest. position paper (published in January 2021) by the international data transfer and harness neutral aviation and harmonize exports CDU/CSU parliamentary group “Breathing New tax Reduce the overall burden and the potential of artificial intelligence Steps toward transatlantic cooperation Life into the Transatlantic Relationship – For a minimize bureaucracy One of the most important steps is the are also needed in the field of aviation, Future-Oriented, Comprehensive Partnership”. The way out of the current economic creation of a “transatlantic data space” such as fair access to research funding crisis and the necessary digital and for European and US companies, which to enable innovation for climate-neutral >> download the entire ecological transformation will only would provide a legal, secure, and sus- aviation. position paper AmCham Germany Annual Report 2021 20

Business Services

AmCham Germany offers its members a variety of customized member support services and networking opportunities. Whether it is researching information and guidelines, or matching a member with an expert from the AmCham Germany community, we believe that sharing knowledge is the best way to achieve growth and success.

Regardless of the level of your membership, your inquiry is never too small and is an exclusive AmCham business services in numbers Germany membership benefit. 15+ inquiries per month 200+ inquiries yearly

Business Support during the Advice on National Interest Exceptions Referral System COVID-19 Pandemic and Visa Categories

One benefit of AmCham Germany corporate member- In recent months, the most commonly requested AmCham Germany continues to make recommenda- ship is the referral system. Each incoming inquiry is inquiry topic was associated with requests for infor- tions and guide its members when navigating the likely to generate potential new business for your mation on transatlantic travel restrictions in addition process of identifying the correct business visa catego- company. AmCham Germany coordinates referrals to a related topic of the issuance of US visas. AmCham ries. In collaboration with the US Mission to Germany, according to location, areas of expertise, and com- Germany supported several members with their inqui- AmCham Germany organized a virtual discussion with pany size to provide the inquiring party with the most ries related to appointments with US Consulates across US Consular staff in late March 2021 to provide mem- appropriate contact. Inquiries which lead to member Germany and provided reliable guidance in uncertain bers with the most current information regarding new referrals include topics such as legal matters, relating times. Additionally, AmCham Germany also advised US travel regulations, the status of visa applications, to corporate and employment law; data protection; member companies on the application process for and how to obtain a National Interest Exception (NIE) tax issues; and notary services. Other member-related assistance loan programs resulting from COVID-19 to enter the United States. inquiries are commonly referred to agencies and orga- pandemic, and connected them with respective subject nizations which support market entry, real estate, and matter experts for further support. business development. AmCham Germany Annual Report 2021 21

Business Services / Member Benefits

We serve our members. The work of AmCham Germany encompasses four competence areas, all of which are reflected in the organization’s structure.

Government relations Advocacy Thought Thought leadership, on the federal and Policy Leadership publications, and state level Committees & Content transatlantic expertise

Facilitator for Business Networking Business and personal market entry, legal and & Events relations through events, visa related inquiries Services Regional Chapters workshops and conferences

>>> AmCham Germany Annual Report 2021 22

Business Services / Expert Briefings and Webinars

US Sanctions & Export Controls in Europe – Understanding Employee Mobility in Times of Corona? – Practical Guidelines Expert Briefings and Webinars Extraterritorial Requirements on Employee Movements Between the US, Germany, and Within Europe AmCham Germany’s Expert Webinars serve as a vital Expert Webinar with Deloitte Legal (July 2020) Experts highlighted the complexity of global US sanctions and export Expert Webinar with KPMG (October 2020) networking platform and offer members customized controls enforcement policies and the increasing extraterritorial risk This event included discussion on employee flows across the Atlantic marketing support. This content-driven event format facing European businesses. and within Europe, with respect to short-term business trips and long- allows companies to reach a captive audience while speakers: Erika Trujillo, Attorney (NY), Manager Deloitte Legal Germany; term assignments alike, and what currently needs to be considered Philipp Weber-Lortsch LL.M. (SU), Senior Manager Deloitte Germany; when travelling resulting from the restrictions on both sides of the sharing in-depth information on current develop- Bettina Mertgen, Partner Deloitte Legal Germany; Marc Lager LL.M., Atlantic. ments in corporate, economic, and legal matters. Partner Deloitte Austria speakers: Sabine Paul, Partner, Employment, Global Immigration In this format, members benefit from one another’s Services, KPMG Law Rechtsanwaltsgesellschaft mbH; Dr. Sebastian Creating Liquidity with the Company Fleet expertise while connecting and expanding their Klaus, Senior Manager, Employment, Global Immigration Services, Expert Webinar with ARI Fleet (July 2020) KPMG Law Rechtsanwaltsgesellschaft mbH; Sachka Stefanova-Behlert, networks. AmCham Germany plans, prepares, and Henning Schick examined how customers can best control costs, Senior Manager, Employment, Global Immigration Services, KPMG Law manages the joint event alongside its member. generate liquidity, and manage challenges in response to the global Rechtsanwaltsgesellschaft mbH Support with recruiting co-speakers, researching COVID-19 pandemic. Employee Wellbeing: How Can German Companies Prepare for venue locations, and identifying target audiences is speaker: Henning Schick, Director Sales Europe, ARI Fleet Germany GmbH the Next Crisis? included in this sponsored event. AmCham Germany Expert Webinar with Willis Towers Watson (November 2020) Expert Briefings take place throughout our regional International Tax Highlights: Application of the Reporting The speakers emphasized the value of employee well-being and its chapters annually. Requirements for Cross-Border Tax Arrangements – Germany strong influence on a company’s business success, in particular the is Making Progress need to take a closer look at employee well-being with respect to the In 2020/21, events focused on a diverse range of Expert Briefing with PricewaterhouseCoopers (September 2020) current crisis in comparison to the varying approaches which US and topics including antitrust law, Brexit, litigation, Speakers shared valuable insights into the Mandatory Disclosure Rules German companies are taking. (DAC6) and reviewed current German regulations on the reporting of speakers: Tanja Löhrke, Head of Health & Benefits Germany and Austria, digitalization in business, and digital leadership. tax arrangements. Willis Towers Watson; Raymond M. Catudal, Senior Consultant Health Due to the COVID-19 pandemic, Expert Briefings speakers: Christof K. Letzgus, Partner, PricewaterhouseCoopers GmbH; & Benefits Germany, Willis Towers Watson continue to be offered in a virtual format renamed Dr. Annette Rickert, Senior Manager, PricewaterhouseCoopers GmbH; International Data Transfers “Expert Webinar.” We look forward to returning to Christina Köln-Schultz, Manager, PricewaterhouseCoopers GmbH Expert Webinar with Orrick, Herrington & Sutcliffe (January 2021) the in-person format of this event. Bridges and Walls: How Can German Companies Send Employees Experts from the US, Germany, and the EU disclosed what companies to the US in This Time of Travel and Visa Bans? have to consider in light of the Court of Justice of the European Union’s Expert Webinar with CMS Hasche Sigle (September 2020) Schrems II ruling, providing practical guidance about how to adjust In response to the pandemic, various speakers from Germany, the UK, international data transfers within this new landscape. and the US examined the impact of US travel and visa bans on German speakers: Andreas Sachs, VP and Head of Cyber, Data Protection companies which require employees to travel across the Atlantic Authority of Bavaria, Ansbach; Alexander Filip, Head of International, including identifying strategies for staffing their local US operations. Data Protection Authority of Bavaria, Ansbach; Dr. Oliver Stiemerling, speakers: Elaine M. Kumpula, Partner, Faegre Drinker Biddle & Reath, Publicly Appointed and Sworn Expert and General Manager, ecambria US; Claire D. Nilson, Counsel, Faegre Drinker Biddle & Reath, UK; Dr. systems GmbH, Cologne; Shannon Yavorsky, Partner and Expert for US Maximilian Koschker, Counsel, CMS Hasche Sigle, Germany; Dr. Andreas Privacy, Orrick, Herrington & Sutcliffe LLP, San Francisco; Dr. Christian Lohbeck, Counsel, CMS Hasche Sigle, Germany Schröder, Partner and Head of EU Privacy Advisory, Orrick, Herrington & Sutcliffe LLP, Düsseldorf AmCham Germany Annual Report 2021 23

Business Services / Expert Briefings and Webinars

Expert Briefing Series with Warth & Klein Grant Thornton remarks on “classical” cases of non-resident taxation which show a case studies and opportunities, particularly for medium-sized entities. (February 2021) genuine economic link either through a taxable presence or through speakers: Dr. Martin Nebeling, Partner, Employment Law, Bird & Bird Part I: The Impact of COVID-19 on Accounting According to US GAAP an outbound payment from Germany, the speakers discussed the LLP, Düsseldorf; Ralf Weber, President and CEO, m/e brand communica- In the first webinar in a series of two, experts from Warth & Klein Grant background for the new position of the tax authorities claiming tion GmbH, Düsseldorf Thornton’s US Desk shed light on the particular challenges presented German withholding taxes on royalty payments between non-German to companies which need to prepare financial statements or reports in parties where the only link to Germany consists in a registration of accordance with US GAAP, while discussing relevant aspects resulting rights in a public German register. The panelists further examined from the pandemic. the practical implications and addressed critical questions while speakers: Alina Murphy, Senior Manager Audit & Assurance, Warth & utilizing sample case studies which reflected the current status of the Klein Grant Thornton AG, Düsseldorf; Arndt F. Krüger, Senior Manager discussion and the current approach of the tax authorities. Audit & Assurance, Warth & Klein Grant Thornton AG, Wiesbaden speakers: Christof Letzgus, Partner, PwC Germany and Co-Chair of AmCham Germany’s Tax Committee; Dr. Annette Rickert, Senior Part II: US–German Tax Outlook 2021 Manager, PwC Germany; Christoph Richter, Senior Manager, PwC In the second webinar of the series, specialists from both sides of the Germany; Felix Hierstetter, International Tax Director, General Electric Deutschland Holding GmbH and Chair of AmCham Germany’s Tax Atlantic discussed major shifts in US tax policy objectives and new Expert Briefings and Webinars offer AmCham Committee developments in the German tax policy, which provided an overview Germany members the following: of how multinational taxpayers may be impacted by proposed legal Responsible Sourcing: Developments and Practical Implications changes and how they can prepare for upcoming legislation and of Managing Global Supply Chains • Customized marketing support by collaborating regulatory changes. with the member company to highlight desired speakers: David E. Sites, International Tax Partner, Grant Thornton LLP, Expert Webinar with CMS Hasche Sigle (May 2021) Washington, DC; Christina Busch, Partner and Head of International This event involved discussion on human rights and environmental offerings Tax, Warth & Klein Grant Thornton AG; Düsseldorf; Norbert Miethe, responsibility in global supply chains and recent and upcoming legal Senior Manager International Tax, Warth & Klein Grant Thornton AG, developments in this field in Germany, Europe and the US, in particular • A networking platform for business development Düsseldorf what consequences companies have to expect and how such legis- and venue for showcasing expertise lation is converted into best practice. speakers: Mollie Sitkowski, Faegre Drinker Biddle & Reath LLP, Chi- • The opportunity to address a captive audience The Future of Mobility cago; Daniel Crampton, business & human rights consultant and while sharing in-depth information on current former Human Rights Manager at Daimler AG, Stuttgart; Dr. Christoph Expert Webinar with Enterprise Holdings (March 2021) developments in corporate, economic, and legal Speakers reviewed evolving mobility, emphasizing the need for today’s Schröder, CMS in Hamburg matters mobility providers to meet consumers’ changing expectations, while at moderator: Dr. Andreas Lohbeck, CMS in Stuttgart, and Member of the same time fostering innovation by integrating all mobility sectors the Corporate & Business Law Steering Committee and of the NextGen • Increased visibility within the AmCham Germany to deliver models that can make cities better places to live through Program Steering Committee of AmCham Germany sustainable transport. network through event logo placement including Employer Branding speakers: Jason Altman, Corporate Vice President, Enterprise Holdings additional event promotion via social media and Expert Webinar with Bird & Bird LLP and m/e brand communica- Germany; Niels Rathsmann, Assistant Vice President, Member of the the AmCham Germany website Management Board, Enterprise Holdings Germany tion (June 2021) In this expert briefing, the speakers showcased the close connection To discuss this exclusive member opportunity in International Tax Highlights: Current German Tax Challenges between employment law and brand perception as decisive factors in for Non-Resident Taxpayers – To Register or Not to Register? the context of employer branding. How and where do they create syner- more detail, please contact AmCham Germany’s Expert Webinar with PricewaterhouseCoopers (April 2021) gies, strengthen each other in order to position companies and help Membership Engagement and Events team at Experts discussed old and new tax challenges in the context of them be perceived as most-wanted employers attracting new talents [email protected] transatlantic investments in Germany. After providing introductory and retaining valued and trusted employees? The event focussed on AmCham Germany Annual Report 2021 24

Communication Activities

AmCham Germany offers its members a variety of content and communication channels. Whether in our newsletters, briefings or articles, we believe that sharing knowledge is the best way to achieve growth and success.

our goals AmCham Germany's goals are to support unrestricted trade and online activities investment between the United States and Germany, and to promote a healthy, open and productive business climate between the two Website Social Media countries. AmCham Germany represents the business interests of Our website provides information on On Twitter, LinkedIn, Facebook and American firms located in Germany and the US and also acts on current transatlantic developments and YouTube, AmCham Germany fosters online behalf of its German members, many of whom maintain significant the work of AmCham Germany’s Policy dialogue and informs its members as holdings in the United States. and Regional Committees. Members well as the general public about Chamber- can register for events, profit from related activities as they happen. our focus various business services, and listen to Frequent posts ensure AmCham Germany AmCham Germany provides a strong contribution to current policy the podcast The Clue on our website. remains a well-recognized name in the debates through its communication activities. We provide a succinct >> www.amcham.de public discourse on transatlantic affairs. and interesting portrayal of the Chamber’s activities and membership and emphasize the importance of strong European-American relations. Newsletters Our regularly published newsletters provide social media in numbers our tools members with a transatlantic update of Complex transatlantic issues increasingly require an innovative Total social media followers: what is happening at AmCham Germany, and effective set of communication tools to broadcast our mes- including our advocacy work and events as ~ 10,000 sages. The Chamber continuously advances its thought leadership well as relevant news affecting the business through a variety of communication tools such as social media, community. Total impressions: videos, podcasts, surveys and press activities. The annual reports ~ 770,000 sums up all activities throughout the year. our vision In light of current changes, such as the new administration in LinkedIn followers: the US and the upcoming federal elections this fall, as well as + 6,300 (June 2021) the challenges posed by the ongoing pandemic, it is enormously important for the transatlantic partnership to stay connected and identify common goals. Twitter impressions: + 520,000 (June 2021) AmCham Germany Annual Report 2021 25

Communication Activities / Social Media

Top Postings surveys

Congratulations to the winners of this year’s ENGLISH SUMMARY #FemaleFoundersAward: Hannah Helmke, Transatlantic Business BarometerINSIDE TOP 50 Ranking Member Surveys Co-Founder and CEO of right. based on science, AmCham Germany and Julia Piechotta, Co-Founder & CMO, CFO, Spoontain- The AmCham Germany TransatlanticBusiness Barometer Busi- The AmCham Germany TOP 50 Rank- In addition to the Transatlantic able. ~ 9,300 impressions 2017 ness Barometer is an WIEexclusive US-INVESTOREN DEN WIRTSCHAFTS -survey ing of US Companies in Germany is Business Barometer and the TOP STANDORT DEUTSCHLAND EINSCHÄTZEN Our latest episode of #TheClue is now out! among US investors Schwerpunktthemen:in Germany Bundestagswahl und neue US-Administration and an annual ranking and survey con- 50 Ranking, AmCham Germany Tune in to listen to our interview with Andreas German investors in the US. The survey ducted by AmCham Germany with frequently surveys its members on Schwaiger, Managing Director at Texas Instru- ments Germany, on #transatlantic #business during provides a well-founded analysis of invest- Accenture Deutschland. The ranking current developments in transatlan- #COVID19, #diversity and #innovation. ~ 9,700 impressions ment sentiment as well as a business is based on net revenue from the tic affairs. Recent surveys include assessment of both countries. The Trans- previous year, i.e. revenue not includ- the US presidential election, the BIG NEWS: We're pleased to announce that Daniel Andrich has been appointed the new atlantic Business Barometer 2021 was ing any taxes. first 50 days of President Biden and General Manager of AmCham Germany. Andrich is currently President and CEO at @RGIT_USA and will published in March 2021 by AmCham Germany’s EU Council presidency. assume his position with us on November 1, 2020. Germany along with the consulting firm ~ 12,200 impressions Roland Berger.

interviews Our Executive Vice President @simone_menne America is back - and it will be back, says @ with a message to all #women in #startups. FedericaMog @collegeofeurope. We are one Apply for our #FemaleFoundersAward by because of our shared values, history and March 7, 2021: future. #TransatlanticBusinessConference #tbc2020 https://bit.ly/3rLX8b9 pic.twitter.com/zyhDTfmkVR ~ 12,200 impressions ~ 11,100 impressions

“Investment in your #transatlantic #friends, in #multilateralism, is an investment in your- self", said @FedericaMog at the 14th #Trans- atlanticBusinessConference, organized in cooperation with @Der_BDI, @commerzbank & @DeloitteDE. Read Simone Menne, Executive Vice President our #event #report of AmCham Germany, on Deutsche Welle https://bit.ly/2Uo1w1J TV on President Biden’s first 100 days ~ 9,900 impressions in office (April 29, 2021)

Frank Sportolari, President of AmCham Germany, on transatlantic relations (FAZ, October 20, 2020; Handelsblatt, January 21, 2021) AmCham Germany Annual Report 2021 26

Communication Activities / Podcast

The Clue – Our Podcast for Professionals in Transatlantic Business

The Clue is the monthly podcast for professionals in transatlantic business produced by AmCham Germany. Every month, we talk to experts, politicians, journalists and other stakeholders from the transatlantic commu- nity about the current state of transatlantic business.

The Clue was launched in April 2020. The Clue is available on Spotify, Apple Podcasts, Podbean, and the AmCham Episodes in 2020/2021 Speakers Topics Germany website. 1 AmCham Germany's Daniel Andrich, AmCham Germany's new General Manager Plans for 2021 General Manager of outlines the plans and activities of the December 2020 AmCham Germany chamber in 2021.

2 Transatlantic Economy Dr. Adam Posen Dr. Posen talks about how the US economy listenership steadily increasing: at the Crossroads from the Peterson can overcome the Corona crisis and what October 2020 Institute for International to expect from the two presidential candi- + 3,000 Economics dates and their programs. Downloads of various episodes of The Clue 3 US Election 2020: Frank Sportolari, Interview on the expectations for the (since its launch in April 2020) Transatlantic Business President of AmCham next US administration from a business Expectations Germany perspective. September 2020

4 Diversity Drives Innovation Andreas Schwaiger, Interview on the current challenges a trans- March 2021 Managing Director at atlantic business faces during the pan- Texas Instruments demic and how diversity and innovation Germany can boost the success of your company.

5 The Next Generation of Kristina Schreiner and Kristina and Christine talk about their Next- Transatlantic Leaders Christine Wenzel, Gen experience and how they benefited April 2021 both alumni of AmCham from the program. Through the NextGen Germany’s NextGen Initiative, AmCham Germany connects program young professionals with a strong interest in fostering the transatlantic partnership. AmCham Germany Annual Report 2021 27

Communication Activities / Newsletters

The Navigator – AmCham Germany’s Take Chamber News – AmCham Germany’s on Transatlantic Business membership and events newsletter

The Navigator is AmCham Germany’s policy newsletter Chamber News is circulated every eight weeks and is and is circulated every eight weeks. The newsletter is produced exclusively for our members — in contrast to available to members, political stakeholders, journalists, our policy newsletter The Navigator, which is available or any other individuals interested in transatlantic to the public. business. Chamber News contains information about business The Navigator contains interviews with government services and benefits for our members, current briefings and business representatives on current events, position on US politics and transatlantic trade, event announce- papers and briefings on transatlantic relations, guest ments as well as reports and stories from member commentaries as well as podcasts and videos. companies.

Subscribers: Subscribers: 2,388 2,368

Opening rates: Opening rates: 30.66% 31.15% (June 2021) (June 2021) AmCham Germany Annual Report 2021 28

AmCham Germany / Staff and Departments as of June, 2021

Management Communications & Government Relations AmCham Germany’s executive office is based in Frankfurt am Main, while it maintains an additional office and its official domicile in Berlin. E [email protected] Daniel Andrich Katharina-Luise Kittler Daniel J. Hawk W www.amcham.de General Manager Manager Manager T +49 69 929104-20 Head of Communications Communications E [email protected] & Government Relations T +49 30 2130056-27 frankfurt am main T +49 30 2130056-34 E [email protected] office E [email protected] American Chamber of Commerce in Germany e.V. Börsenplatz 13–15 60313 Frankfurt/M Postfach 10 01 62 60001 Frankfurt/M David Wörrle Patricia Limburg Juliane Reitzig T +49 69 929104-0 Executive Assistant to the Manager Manager General Manager Communications Government Relations T +49 30 2130056-20 T +49 69 929 2014-40 T +49 30 2130056-28 berlin office E [email protected] E [email protected] E [email protected] American Chamber of Commerce in Germany e.V. Charlottenstr. 42 10117 Berlin T +49 30 2130056-0 Administration F +49 30 2130056-11 Karen Heckman Philipp Mittag Specialist Specialist Communications Government Relations T +49 30 2130056-23 T +49 30 2130056-24 Vanja Wüster E [email protected] E [email protected] Manager Head of Finance & Administration T +49 69 929104-60 E [email protected]

Ines Rerbal Specialist Government Relations T +49 30 2130056-26 E [email protected] Manuela Roth Assistant Accounting & Administration T +49 69 929104-61 E [email protected] >>> AmCham Germany Annual Report 2021 29

AmCham Germany / Staff and Departments

Membership Engagement & Events Student Assistants

Heather Liermann Barbara Biemann-Bennke Evgenia Bodak Manager Manager Student Assistant Head of Membership Events & Projects T +49 30 2130056-25 Engagement & Events T +49 30 2130056-21 E [email protected] T +49 69 929104-51 E [email protected] E [email protected]

Thomas Henneberg Elena Lewalter Frances Eden Manager Manager Student Assistant Events & Membership Events T +49 69 929104-22 Engagement T +49 69 929104-34 E [email protected] T +49 30 2130056-22 E [email protected] E [email protected]

Milena Belogortseva Anna Lea Fächner Specialist Specialist Membership & Business Membership & Business Development Development T +49 69 929104-50 T +49 69 929104-52 E [email protected] E [email protected]

Johanna Gregory Manager Conferences & Special Events (Parental leave) AmCham Germany Annual Report 2021 30 Congratulations and thank you! 70 years anniversary Messe Frankfurt GmbH

In celebration of its 70-year-membership anniversary, we spoke with Detlef Braun, Member of the Executive Board of Messe Frankfurt GmbH, about current challenges of the event industry, about being a member of AmCham Germany and about transatlantic relations.

Messe Frankfurt has one of the most important digitalisation activities, which we developed economic impacts in the Rhine-Main region. further using our many years of expertise. We How does the current situation affect business very much expect that our physical events will regarding internationally oriented trade shows? continue to have digital elements, whether in the form of individual lead generation, matchmaking The coronavirus pandemic has hit the entire or providing information. This depends on the event sector hard. In Germany, physical trade sectors in question. But one thing is for sure: 70 fairs have been sidelined for over a year. An Ifo nothing can replace personal interaction. study found that Messe Frankfurt events in Germany generated purchasing power of €3.6 How has your company benefited from being billion every year while safeguarding more than a member of AmCham Germany over the past 33,000 jobs. These effects are being lost to the years? pandemic, which is preventing us from promot- Messe Frankfurt has been a member of AmCham ing business development in the region. So that Germany since 1951 and we value the organ- our customers still have order and interaction isation’s work greatly. AmCham Germany is platforms, we have implemented new hybrid preparing itself for transparent dialogue at and digital formats since the outbreak of the international level and for an open, productive pandemic. Although well received, they are no business climate. We share these values, given substitute for physical trade fairs. that events thrive on interaction between busi- ness partners at international level. Our trade What trends do you foresee for the next year? fairs worldwide play host to many exhibitors What role will hybrid event concepts play in and visitors from North and South America and, the future? with our local subsidiaries, we organise events in Messe Frankfurt has been investing in digital Atlanta, Chicago, Mexico City, Toronto, etc. I look Detlef Braun, Member of the Executive Scan of the membership application Board of Messe Frankfurt GmbH form from 1951 events and related services for over two decades. forward to continuing the working relationship The pandemic gave an additional boost to our we have always enjoyed with AmCham. © Messe Frankfurt spotlight AmCham Germany Annual Report 2021 31

© Evonik Industries Evonik – Leading Beyond Chemistry

Evonik is one of the world’s leading specialty chemi- specialty solutions cals companies. We may not manufacture tires, mat- human chemistry facts and figures tresses, medications, or animal feeds, but Evonik is • Worldwide number of employees: part of all of those products –and many more. While about 33,000 we often contribute only small amounts of material, Evonik is active in more than 100 countries around • Headquarter in Germany: those contributions are precisely what make the dif- the world and generated sales of €12.2 billion and ference. That's because Evonik products make tires an operating profit (adjusted EBITDA) of €1.9 billion Top Executives: fuel-efficient, mattresses more elastic, medications in 2020. Evonik goes far beyond chemistry to create Christian Kullmann, Chairman of the Executive Board more effective, and animal feeds healthier. That’s innovative, profitable and sustainable solutions for Dr. Harald Schwager, Deputy Chairman of the what specialty chemicals are all about. And when it customers. About 33,000 employees work together for Executive Board comes to specialty chemicals, we're among the best a common purpose: We want to improve life, today Ute Wolf, Chief Financial Officer in the world. and tomorrow. Thomas Wessel, Chief Human Resources Officer and Industrial Relations Director

Follow us on: www.evonik.com spotlight AmCham Germany Annual Report 2021 32

TI – Engineering Progress

© Courtesy Texas Instruments © Courtesy Texas

Texas Instruments has been making We invest heavily in helping equip, progress possible for decades. We are semiconductors empower and prepare future genera- a global semiconductor company technology tions of innovators by supporting that designs, manufactures and sells science, technology, engineering analog and embedded processing innovation and math (STEM) education. We chips. Our passion to create a better stem partner with universities and sup- world by making electronics more port national and local MINT ini- affordable through semiconductors citizenship tiatives like Girls’ Day or FabLab, a is alive today as each generation of diversity makerspace in Freising. A special innovation builds upon the last commitment for us is supporting facts and figures to make our technology smaller, girls and women to go into a career countries work together and the dif- more efficient, more reliable and in STEM. • Number of employees: 30,000 globally ferent cultures and perspectives are more affordable – opening new • EMEA headquarter: Freising, Germany, inspiring us every day. We believe We believe strong companies build markets and making it possible with 1,500 employees diversity makes our culture more strong communities so we’re engag- for semiconductors to go into • Global headquarter: Dallas, Texas inclusive, our company stronger ing with regional organizations, electronics everywhere. We think and products more innovative. We work with local schools and work Chairman, president and CEO: of this as Engineering Progress. thrive by being inclusive and cre- to continuously improve environ- Richard K. Templeton At our European headquarter in Fre- ate an environment that unlocks mental performance and efficiency ising, employees from 60 different everyone’s potential. at our sites worldwide. Follow us on: www.ti.com Membership Certificate Recipients 2020/21

AmCham Germany enjoys a long tradition In 2021 the following companies celebrate Hans-Andreas Fein & Associates Strategy Skadden, Arps, Slate, Meagher & Flom LLP Consultants and Trainers of support from its strong membership an anniversary: Stuttgart Marriott Hotel Sindelfingen Paul André Arend Language Consultant base that includes numerous companies The Westin Grand Frankfurt with memberships going back as far 70 Years TMF Deutschland AG 25 Years Messe Frankfurt GmbH Warth & Klein Grant Thornton AG as 70 years. AmCham Germany honors ANWALTSCONTOR Kast Wirtschaftsprüfungsgesellschaft its long-standing members and thanks Bristol-Myers Squibb GmbH & Co. KGaA Weil, Gotshal & Manges LLP 60 Years all members for their active support Buchart Horn GmbH Wesch & Buchenroth Rechtsanwälte Bank of America Europe over many decades. CA Deutschland GmbH Partnerschaftsgesellschaft mbB Ernst & Young GmbH WRC World Resources Company GmbH Wirtschaftsprüfungsgesellschaft German American Chamber of Commerce of the Southern United States, Inc. Procter & Gamble Germany GmbH Atlanta Office 10 Years Herbalife International Deutschland GmbH AGCO Corporation 50 Years Hotel Taschenbergpalais Kempinski b-k-p Consulting GmbH ERGO Digital Ventures AG Dresden Biogen GmbH Linklaters LLP perma-tec GmbH & Co. KG Branson Ultraschall Niederlassung der Philipp Morris GmbH Prey & Beheim Steuerberatungsgesell- Emerson Technologies GmbH & Co. schaft mbH Deutsche Hospitality 40 Years The Westin Grand Munich GERNS & PARTNER rechtsanwälte notare Bayer AG Wieland Unternehmens- und Gilead Sciences GmbH Boehringer Ingelheim Personalberatung Hapag-Lloyd AG Egon Zehnder International GmbH Helbling Business Advisors GmbH Landesbank Baden-Württemberg 20 Years Herbacin cosmetic GmbH Lapp Holding AG Alfred Kärcher SE & Co. KG ICV Individual Consulting Vogelsang MAHLE GmbH Allen & Overy LLP InterContinental Düsseldorf Miller Anlagen GmbH American Institute For Foreign Study (Deutschland) GmbH Jones Lang LaSalle SE ProMinent Deutschland GmbH Biotype GmbH MÖHRLE HAPP LUTHER Auditors – Tax UBS Europe SE Advisors – Attorneys-at-Law Debevoise & Plimpton LLP Rechtsanwälte, Attorneys at Law, Advocats à la Cour NEUSSEL MARTIN Partnerschaft von Rechtsanwälten mbB 30 Years DEHNEN.Rechtsanwälte QVC Handel S.à r.l. & Co. KG Baker Tilly Holding GmbH Deutsche Post DHL Group Wirtschaftsprüfungsgesellschaft SZA Schilling, Zutt & Anschütz Rechts- Enterprise Florida Germany State of anwaltsgesellschaft mbH Capgemini Deutschland Holding GmbH Florida – Economic Development Office Thermo Fisher Scientific GmbH Ferber & Co. GmbH Lateinamerika Verein e.V. WTS Group AG Steuerberatungsgesellschaft GLEISS LUTZ Lazard & Co. GmbH Imprint AmCham Germany

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