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

¹ A res­ol­u­tion of the mem­bers’ gen­er­al meet­ing passed by a ma­jor­ity of at least two thirds of the votes rep­res­en­ted and an ab­so­lute ma­jor­ity of the en­tire nom­in­al cap­it­al in re­spect of which a right to vote may be ex­er­cised is re­quired in the case of:

1.

the amend­ment of the ob­jects of the com­pany;

2.

the in­tro­duc­tion of cap­it­al con­tri­bu­tions with pref­er­en­tial vot­ing rights;

3.

an in­crease in or eas­ing of the re­stric­tions on or the pro­hib­i­tion of the trans­fer­ab­il­ity of cap­it­al con­tri­bu­tions;

4.

con­sent to the as­sign­ment of cap­it­al con­tri­bu­tions or re­cog­ni­tion as a com­pany mem­ber who is en­titled to vote;

5.

an in­crease in the nom­in­al cap­it­al;

6.

the re­stric­tion or re­voc­a­tion of sub­scrip­tion rights;

7.

con­sent to activ­it­ies of the man­aging dir­ect­or or com­pany mem­bers that are con­trary to the duty of loy­alty or the pro­hib­i­tion of com­pet­i­tion;

8.

an ap­plic­a­tion to the court to ex­clude a com­pany mem­ber for good cause;

9.

the ex­clu­sion of a com­pany mem­ber on the grounds spe­cified in the art­icles of as­so­ci­ation planned;

10.

the re­lo­ca­tion of the seat of the com­pany;

11.

the dis­sol­u­tion the com­pany.

² Pro­vi­sions of the art­icles of as­so­ci­ation stip­u­lat­ing lar­ger ma­jor­it­ies than those re­quired by law for cer­tain res­ol­u­tions may only be in­tro­duced if ap­proved by the planned ma­jor­ity.