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

¹ The ex­tern­al aud­it­or provides the board of dir­ect­ors with a com­pre­hens­ive re­port with con­clu­sions on the fin­an­cial re­port­ing, the in­tern­al sys­tem of con­trol as well as the con­duct and the res­ult of the audit.

² The ex­tern­al aud­it­or provides the gen­er­al meet­ing with a sum­mary re­port in writ­ing on the res­ult of the audit. This re­port con­tains:

1.

an as­sess­ment on the res­ult of the audit;

2.

in­form­a­tion on in­de­pend­ence;

3.

in­form­a­tion on the per­son who man­aged the audit and on his spe­cial­ist qual­i­fic­a­tions;

4.

a re­com­mend­a­tion on wheth­er the an­nu­al ac­counts and the con­sol­id­ated ac­counts should be ap­proved or re­jec­ted with or without qual­i­fic­a­tion.

³ Both re­ports must be signed by the per­son who man­aged the audit.