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

In or­der to be bind­ing, pro­vi­sions on the fol­low­ing mat­ters must be in­cluded in the art­icles of as­so­ci­ation:

1.

cre­ation of the co­oper­at­ive’s nom­in­al cap­it­al by means of co­oper­at­ive shares (share cer­ti­fic­ates);

2.

con­tri­bu­tions in kind to the co­oper­at­ive’s nom­in­al cap­it­al, the nature and im­puted value there­of and the re­quire­ments per­tain­ing to the per­son of the con­trib­ut­or;

3.

as­sets taken over on es­tab­lish­ment of the so­ci­ety, the re­mu­ner­a­tion for such as­sets and the re­quire­ments per­tain­ing to the per­son of their own­er;

4.

ac­ces­sion to the co­oper­at­ive and loss of mem­ber­ship, where such rules dif­fer from the stat­utory pro­vi­sions;

5.

mem­bers’ per­son­al li­ab­il­ity and their li­ab­il­ity to make ad­di­tion­al con­tri­bu­tions;

6.

the or­gan­isa­tion and rep­res­ent­a­tion of the so­ci­ety, amend­ment of its art­icles of as­so­ci­ation and the ad­op­tion of res­ol­u­tions by the gen­er­al as­sembly, where such rules dif­fer from the stat­utory pro­vi­sions;

7.

re­stric­tions on or ex­ten­sions of the ex­er­cise of mem­bers’ vot­ing rights;

8.

the cal­cu­la­tion and al­loc­a­tion of net profit and the li­quid­a­tion sur­plus.