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

¹ The ad­di­tion­al in­form­a­tion in the notes to the an­nu­al ac­counts, the cash flow state­ment and the man­age­ment re­port may be dis­pensed with if:

1.

the un­der­tak­ing pre­pares an ac­count or con­sol­id­ated ac­counts in ac­cord­ance with a re­cog­nised fin­an­cial re­port­ing stand­ard; or

2.

a leg­al en­tity that con­trols the un­der­tak­ing pre­pares con­sol­id­ated ac­counts in ac­cord­ance with a re­cog­nised fin­an­cial re­port­ing stand­ard.⁸¹²

² The fol­low­ing per­sons may re­quest fin­an­cial re­ports in ac­cord­ance with the reg­u­la­tions in this Sec­tion:

1.

com­pany mem­bers who rep­res­ent at least 10 per cent of the ba­sic cap­it­al;

2.

10 per cent of co­oper­at­ive mem­bers or 20 per cent of the mem­bers of an as­so­ci­ation;

3.

any com­pany mem­ber or any mem­ber sub­ject to per­son­al li­ab­il­ity or a duty to pay in fur­ther cap­it­al.