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

The fol­low­ing re­mu­ner­a­tion for cur­rent and former mem­bers of the board of dir­ect­ors, the ex­ec­ut­ive board and the board of ad­visors or for their close as­so­ci­ates is not per­mit­ted:

1.

sev­er­ance pay­ments that are con­trac­tu­ally agreed or provided for in the art­icles of as­so­ci­ation; re­mu­ner­a­tion that is due un­til the ter­min­a­tion of the con­tracts does not con­sti­tute a sev­er­ance pay­ment;

2.

com­pens­a­tion re­lated to a ban on com­pet­i­tion that ex­ceeds the av­er­ageremuneration for the last three financial years, or compensation related to a ban on competition that is not justified on business grounds;

3.

remuneration paid on conditions other than the customary market conditions connected with a previous activity as a corporate body of the company;

4.

join­ing bo­nuses that do not com­pensate for a veri­fi­able fin­an­cial dis­ad­vant­age;

5.

re­mu­ner­a­tion paid in ad­vance;

6.

com­mis­sion paid for tak­ing over or trans­fer­ring un­der­tak­ings or parts there­of;

7.

loans, cred­it fa­cil­it­ies, pen­sion be­ne­fits oth­er than oc­cu­pa­tion­al pen­sions and per­form­ance-re­lated re­mu­ner­a­tion not provided for in prin­ciple in the art­icles of as­so­ci­ation;

8.

the al­loc­a­tion of equity se­cur­it­ies or con­ver­sion and op­tion rights not provided for in prin­ciple in the art­icles of as­so­ci­ation.