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

¹ Sub­ject to the fol­low­ing ex­emp­tions, the pro­ceed­ings of the Takeover Board are gov­erned by the pro­vi­sions of the Fed­er­al Act of 20 Decem­ber 1968⁶⁴ on Ad­min­is­trat­ive Pro­ced­ure.

² In pro­ceed­ings with re­gard to pub­lic takeover of­fers, the fol­low­ing have party status:

a.

the of­fer­or;

b.

the per­sons who act in con­cert with the of­fer­or; and

c.

the tar­get com­pany.

³ Share­hold­ers hold­ing at least 3% of the vot­ing rights of the tar­get com­pany, wheth­er ex­er­cis­able or not, also qual­i­fy as parties if they claim such status from the Takeover Board.

⁴ The stat­utory pro­vi­sions on leg­al hol­i­days do not ap­ply to pro­ceed­ings of the Takeover Board re­gard­ing pub­lic takeover of­fers.

⁵ The sub­mis­sion of leg­al doc­u­ments by fax or by elec­tron­ic means is per­mit­ted in cor­res­pond­ence with the Takeover Board and is re­cog­nised with re­gard to com­pli­ance with time lim­its.