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

¹ If a cap­it­al band is in­tro­duced, the art­icles of as­so­ci­ation must spe­cify the fol­low­ing:

1.

the lower and the up­per lim­it of the cap­it­al band;

2.

the date on which the board of dir­ect­ors’ au­thor­ity to al­ter the share cap­it­al ends;

3.

re­stric­tions on and con­di­tions and re­quire­ments for au­thor­isa­tion;

4.

the number, nominal value and type of shares and the preferential rights of individual classes of shares or par­ti­cip­a­tion cer­ti­fic­ates;

5.

the nature and value of spe­cial priv­ileges and the names of the be­ne­fi­ciar­ies;

6.

re­stric­tions on the trans­fer­ab­il­ity of newly re­gistered shares;

7.

any re­stric­tion or can­cel­la­tion of the sub­scrip­tion right or the good cause for which the board of dir­ect­ors may re­strict or can­cel the sub­scrip­tion right, and the al­loc­a­tion of sub­scrip­tion rights that have not been ex­er­cised or have been with­drawn;

8.

the re­quire­ments for ex­er­cising con­trac­tu­ally ac­quired sub­scrip­tion rights;

9.

the au­thor­isa­tion of the board of dir­ect­ors to in­crease the cap­it­al with con­tin­gent cap­it­al and the in­form­a­tion spe­cified in Art­icle 653b;

10.

the au­thor­isa­tion of the board of dir­ect­ors to cre­ate par­ti­cip­a­tion cap­it­al.

² On ex­piry of its au­thor­isa­tion, the board of dir­ect­ors shall can­cel the pro­vi­sions gov­ern­ing the cap­it­al band in the art­icles of as­so­ci­ation.