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

¹ Li­ab­il­it­ies must be entered at their nom­in­al value.

² If past events lead to the ex­pect­a­tion of a cash out­flow in fu­ture fin­an­cial years, the pro­vi­sions prob­ably re­quired must be made and charged to the profit and loss ac­count.

³ Pro­vi­sions may also be made in par­tic­u­lar for:

1.

reg­u­larly in­curred ex­pendit­ures from guar­an­tee com­mit­ments;

2.

renov­a­tions to tan­gible fixed as­sets;

3.

re­struc­tur­ing;

4.

se­cur­ing the long-term prosper­ity of the un­der­tak­ing.

⁴ Pro­vi­sions that are no longer re­quired need not be can­celled.