Federal Act
on Collective Investment Schemes
(Collective Investment Schemes Act, CISA)

¹ Any per­son re­cog­nised as a share­hold­er by the SICAV may ex­er­cise mem­ber­ship rights.

² The share­hold­ers may rep­res­ent their shares at a gen­er­al meet­ing in per­son or be rep­res­en­ted by a third party. Un­less the art­icles of as­so­ci­ation provide oth­er­wise, the third party need not be a share­hold­er.

³ A SICAV shall keep a re­gister of the shares, in which the names and ad­dresses of com­pany share­hold­ers are re­cor­ded. It shall also keep a re­gister un­der Art­icle 697l of the Code of Ob­lig­a­tions⁷⁴ of the be­ne­fi­cial own­ers of the shares held by com­pany share­hold­ers.⁷⁵

⁴ The art­icles of as­so­ci­ation may spe­cify that the com­pany share­hold­ers and in­vestor share­hold­ers are both en­titled to at least one seat on the board of dir­ect­ors in the case of self-man­aged as well as ex­tern­ally man­aged SICAVs.⁷⁶