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

¹ The lend­ing of shares for the pur­pose of ex­er­cising vot­ing rights at a gen­er­al meet­ing is for­bid­den if the in­ten­tion in so do­ing is to cir­cum­vent a re­stric­tion on vot­ing rights.

² Every share­hold­er is en­titled to ob­ject to the par­ti­cip­a­tion of un­au­thor­ised per­sons to the board of dir­ect­ors or in the minutes of the gen­er­al meet­ing.

³ Where per­sons who are not au­thor­ised to par­ti­cip­ate in the gen­er­al meet­ing par­ti­cip­ate in a de­cision on a res­ol­u­tion, any share­hold­er may chal­lenge that res­ol­u­tion even if he has not raised an ob­jec­tion, un­less the com­pany can prove that their in­volve­ment ex­er­ted no in­flu­ence on the de­cision made.