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

¹ The ex­tern­al aud­it­or shall ex­am­ine wheth­er:

1.

the an­nu­al ac­counts and, if ap­plic­able, the con­sol­id­ated ac­counts com­ply with the stat­utory pro­vi­sions, the art­icles of as­so­ci­ation and the chosen set of fin­an­cial re­port­ing stand­ards;

2.

the mo­tion made by the board of dir­ect­ors to the gen­er­al meet­ing on the al­loc­a­tion of the bal­ance sheet profit com­plies with the stat­utory pro­vi­sions and the art­icles of as­so­ci­ation;

3.

there is an in­tern­al sys­tem of con­trol;

4.⁶¹⁵

in the case of com­pan­ies whose shares are lis­ted on a stock ex­change, the re­mu­ner­a­tion re­port com­plies with the stat­utory rules and the art­icles of as­so­ci­ation.

² The ex­tern­al aud­it­or takes ac­count of the in­tern­al sys­tem of con­trol when car­ry­ing out the audit and in de­term­in­ing the ex­tent of the audit.

³ The man­age­ment of the board of dir­ect­ors is not the sub­ject mat­ter of the audit car­ried out by the ex­tern­al aud­it­or.