Ordinance
of the Swiss Financial Market Supervisory Authority on Financial Market Infrastructures and Market Conduct in Securities and Derivatives Trading
(FINMA Financial Market Infrastructure Ordinance, FinMIO-FINMA)

(Art. 120 paras. 1 and 3, 123 para. 1 Fin­MIA)

¹ Any per­son who reaches, ex­ceeds or falls short of a threshold in one or both of the po­s­i­tions be­low, must cal­cu­late the po­s­i­tions in­di­vidu­ally and sep­ar­ately and re­port them sim­ul­tan­eously:

a.

ac­quis­i­tion po­s­i­tions:

1.

shares and equity-re­lated units and vot­ing rights un­der Art­icle 120 para­graph 3 Fin­MIA,

2.

con­ver­sion and ac­quis­i­tion rights (Art. 15 para. 2 let. a),

3.

gran­ted (writ­ten) sales rights (Art. 15 para. 2 let. b),

4.

oth­er equity de­riv­at­ives (Art. 15 para. 2);

b.

dis­pos­al po­s­i­tions:

1.

sales rights (Art. 15 para. 2 let. a),

2.

gran­ted (writ­ten) con­ver­sion and ac­quis­i­tion rights (Art. 15 para. 2 let. b),

3.

oth­er equity de­riv­at­ives (Art. 15 para. 2).

² The po­s­i­tions re­quir­ing no­ti­fic­a­tion shall be cal­cu­lated for com­pan­ies with re­gistered of­fice in Switzer­land based on the total num­ber of vot­ing rights in ac­cord­ance with the entry in the com­mer­cial re­gister. The cal­cu­la­tion of the po­s­i­tions re­quir­ing no­ti­fic­a­tion for com­pan­ies with re­gistered of­fice abroad shall be based on the pub­lic­a­tion in ac­cord­ance with Art­icle 115 para­graph 3 Fin­MIO.