Chapters
Annual Report 2020

13. Contingencies

The Company is liable, as intended in Article 403, Book 2, of the Dutch Civil Code for:

List of subsidiaries

Brilmij Groep B.V.

GrandVision Supply Chain B.V.

Central Vision II B.V.

GrandVision Turkey B.V.

GrandVision Baltics B.V.

Optical Retail Group B.V.

GrandVision Benelux B.V.

The Vision Factory B.V.

GrandVision Finance B.V.

GrandVision Argentina & Uruguay B.V.

GrandVision Group Holding B.V.

GrandVision Brazil B.V.

GrandVision India B.V.

GrandVision Chile B.V.

GrandVision IT Services B.V.

GrandVision Colombia B.V.

GrandVision Italy B.V.

GrandVision Latam B.V.

GrandVision Portugal B.V.

GrandVision Mexico B.V.

GrandVision Retail Holding B.V.

GrandVision Peru B.V.

Vision Ventures B.V.

The Company forms an income tax group with all the entities above, except for GrandVision Baltics B.V. Under the standard conditions, the members are liable for income taxes payable by the income tax group.

For bank guarantee facilities refer to note 22 of the consolidated financial statements.

Schiphol, 25 February 2020

Management Board

S. Borchert, CEO
W. Eelman, CFO

Supervisory Board

C.J. van der Graaf (Chairman)
M.F. Groot (Vice-Chairman)
P. Bolliger  
J.A. Cole  
R. Meijerman