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

¹ The share cap­it­al may also be in­creased through con­ver­sion of freely dis­pos­able equity cap­it­al.

² The equity cap­it­al used to meet the amount of the in­crease is shown:

1.

in the an­nu­al ac­counts as ap­proved by the gen­er­al meet­ing and audited by a li­censed aud­it­or; or

2.

in an in­ter­im ac­count audited by a li­censed aud­it­or, provided the bal­ance sheet date at the time of the res­ol­u­tion of the gen­er­al meet­ing is more than six months in the past.³⁶⁹

³ The art­icles of as­so­ci­ation must in­dic­ate that the cap­it­al in­crease was made by con­vert­ing freely dis­pos­able equity cap­it­al.³⁷⁰