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

¹ The mem­ber­ship rights con­ferred by re­gistered shares may be ex­er­cised by any per­son au­thor­ised so to do by entry in the share re­gister or a writ­ten power of at­tor­ney is­sued by the share­hold­er.

² The mem­ber­ship rights con­ferred by bear­er shares may be ex­er­cised by any per­son who shows they are in pos­ses­sion of the shares by present­ing them. Persons attending the general meeting must provide their name and address in order to exercise their right to vote.⁴⁸⁹

³ A per­son in pos­ses­sion of a bear­er share as a res­ult of pledge, bail­ment or loan may ex­er­cise the at­tend­ant mem­ber­ship rights only if au­thor­ised to do so by the share­hold­er in writ­ing.⁴⁹⁰

⁴ The board of dir­ect­ors may per­mit oth­er forms of en­ti­tle­ment against the com­pany, un­less the art­icles of as­so­ci­ation provide oth­er­wise.⁴⁹¹