Federal Act
on the Amendment of the Swiss Civil Code
(Part Five: The Code of Obligations)

¹ The art­icles of as­so­ci­ation must stip­u­late:

1.

the nom­in­al amount of the con­tin­gent cap­it­al in­crease;

2.

the num­ber, nom­in­al value and type of shares;

3.

the be­ne­fi­ciar­ies of con­ver­sion or op­tion rights;

4.

the can­cel­la­tion of the sub­scrip­tion rights of ex­ist­ing share­hold­ers;

5.

pref­er­en­tial rights at­tached to spe­cif­ic share classes;

6.

the re­stric­tions on the trans­fer­ab­il­ity of newly re­gistered shares.

² Where the bonds or sim­il­ar debt in­stru­ments to which the con­ver­sion or op­tion rights at­tach are not offered first to the share­hold­ers for sub­scrip­tion, the art­icles of as­so­ci­ation must also stip­u­late:

1.

the con­di­tions on which the con­ver­sion or op­tion rights may be ex­er­cised;

2.

the basis on which the is­sue amount is to be cal­cu­lated.

³ Con­ver­sion or op­tion rights gran­ted be­fore the pro­vi­sion of the art­icles of as­so­ci­ation con­cern­ing the con­tin­gent cap­it­al in­crease has been entered in the com­mer­cial re­gister are void.