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

¹ The share­hold­ers may be paid in­terest out of the in­vest­ment ac­count for the time re­quired to pre­pare and build up the com­pany pri­or to com­mence­ment of full op­er­a­tions. The art­icles of as­so­ci­ation must stip­u­late the latest time by which pay­ment of such in­terest must cease.

² If the com­pany is ex­pan­ded by means of an is­sue of new shares, the res­ol­u­tion con­cern­ing the cap­it­al in­crease may provide for a spe­cified amount of in­terest to be paid on the new shares from the in­vest­ment ac­count un­til a pre­cisely defined date, which must be no later than the date on which the new op­er­a­tion­al fa­cil­ity com­mences op­er­a­tions.