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

¹ The re­mu­ner­a­tion re­port shall spe­cify all the re­mu­ner­a­tion that the com­pany has paid dir­ectly or in­dir­ectly to:

1.

cur­rent mem­bers of the board of dir­ect­ors;

2.

cur­rent mem­bers of the ex­ec­ut­ive board;

3.

cur­rent mem­bers of the board of ad­visors;

4.

former mem­bers of the board of dir­ect­ors, the ex­ec­ut­ive board or the board of ad­visors, provided they are con­nec­ted with their former activ­ity as a cor­por­ate body of the com­pany; the fore­go­ing does not ap­ply to oc­cu­pa­tion­al pen­sion be­ne­fits.

² In par­tic­u­lar, the fol­low­ing are deemed to be re­mu­ner­a­tion:

1.

fees, salar­ies, bo­nuses and ac­count cred­its;

2.

shares of profits paid to board mem­bers and com­mis­sions, par­ti­cip­a­tion in turnover and oth­er forms of par­ti­cip­a­tion in the busi­ness res­ults;

3.

ser­vices and be­ne­fits in kind;

4.

the al­loc­a­tion of equity se­cur­it­ies, and con­ver­sion and op­tion rights;

5.

join­ing bo­nuses;

6.

guar­an­tee and pledge com­mit­ments and oth­er col­lat­er­al com­mit­ments;

7.

waivers of claims;

8.

ex­pendit­ures giv­ing rise to or in­creas­ing oc­cu­pa­tion­al be­ne­fit en­ti­tle­ments;

9.

all pay­ments and be­ne­fits for ad­di­tion­al work;

10.

com­pens­a­tion con­nec­ted with the pro­hib­i­tion of com­pet­i­tion.

³ The de­tails of the re­mu­ner­a­tion shall in­clude:

1.

the amount for the board of dir­ect­ors as a whole and the amount for each mem­ber, spe­cify­ing the name and func­tion of the mem­ber con­cerned;

2.

the amount for the ex­ec­ut­ive board as a whole and the highest amount for each mem­ber, spe­cify­ing the name and func­tion of the mem­ber con­cerned;

3.

the amount for the board of ad­visors as a whole and the amount for each mem­ber, spe­cify­ing the name and func­tion of the mem­ber con­cerned;

4.

if ap­plic­able the names and func­tions of the mem­bers of the ex­ec­ut­ive board to whom ad­di­tion­al amounts have been paid.