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

¹ The gen­er­al meet­ing shall be con­vened by the board of dir­ect­ors or, where ne­ces­sary, by the ex­tern­al aud­it­ors. The li­quid­at­ors and the rep­res­ent­at­ives of bond cred­it­ors shall also have the right to con­vene gen­er­al meet­ings.

² The or­din­ary gen­er­al meet­ing shall be held an­nu­ally with­in six months of the end of the fin­an­cial year.

³ Share­hold­ers may re­quest that a gen­er­al meet­ing be con­vened, provided they to­geth­er hold at least one of the fol­low­ing par­ti­cip­a­tions:

1.

in the case of com­pan­ies whose shares are lis­ted on a stock ex­change: 5 per cent of the share cap­it­al or of the votes;

2.

in the case of oth­er com­pan­ies: 10 per cent of the share cap­it­al
or of the votes.

⁴ Their re­quest that the meet­ing be con­vened must be made in writ­ing. The items on the agenda and mo­tions must be in­cluded in the re­quest.

⁵ Where the board of dir­ect­ors fails to grant such a re­quest with­in a reas­on­able time, but at the most with­in 60 days, the re­quest­ing parties may re­quest the court to or­der that the meet­ing be con­vened.