BORUSSIA DORTMUNDGmbH & Co. Kommanditgesellschaft auf Aktien, Dortmund MANAGEMENT REPORT Borussia Dortmund GmbH & Co. Kommanditgesellschaft auf Aktien, Dortmund for the 2020/2021 financial year (hereinafter "Borussia Dortmund" or "Borussia Dortmund GmbH & Co. KGaA") BUSINESS TREND LOOKING BACK ON FINANCIAL YEAR 2020/2021 ATHLETIC PERFORMANCE COVID-19 pandemic UEFA Champions League The COVID-19 pandemic meant fewer spectators at Borussia Dortmund advanced from the group stage games in the first Bundesliga division. Borussia to the round of 16 of the UEFA Champions League Dortmund's first match of the season was against after finishing top of group F with four wins, one draw Borussia Mönchengladbach to a crowd of 6,918 on and one loss. The team celebrated a 3:2 victory in the 19 September 2020, followed by home fixtures first leg against Sevilla FC before drawing 2:2 at home against SC Freiburg (10,548 spectators) and FC to reach the quarter-finals, where it suffered close Schalke 04 (272 spectators). As the pandemic defeats to Manchester City in both legs and was progressed, the rest of the season was played behind knocked out of the competition. closed doors. Bundesliga DFB Cup Borussia Dortmund chalked up 64 points in the The team faced MSV Duisburg, Eintracht 2020/2021 Bundesliga season to finish in third place Braunschweig, SC Paderborn 07 and Borussia and qualify directly for the group stage of the UEFA Mönchengladbach on its way to resounding Champions League in the 2021/2022 season. victories against Holstein Kiel in the semi-final and RB Leipzig in the final. This was the fifth time that Borussia Dortmund has lifted the DFB Cup, and the team qualified for the DFL Super Cup in the 2021/2022 season. 34