Federal Act
on Financial Market Infrastructures and Market Conduct in Securities and Derivatives Trading
(Financial Market Infrastructure Act, FinMIA)

¹ In the event of com­pet­ing of­fers, the hold­ers of equity se­cur­it­ies in the tar­get com­pany must be free to choose which of­fer they ac­cept.

² The Takeover Board shall is­sue pro­vi­sions re­lat­ing to com­pet­ing of­fers and their ef­fect on the first of­fer.