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

¹ The own­ers or rep­res­ent­at­ives of all the com­pany’s shares may, if no ob­jec­tion is raised, hold a gen­er­al meet­ing without com­ply­ing with the ap­plic­able reg­u­la­tions on con­ven­ing meet­ings.

² This meet­ing may val­idly dis­cuss and pass bind­ing res­ol­u­tions on all mat­ters with­in the re­mit of the gen­er­al meet­ing, provided that the own­ers or rep­res­ent­at­ives of all the shares par­ti­cip­ate.

³ A gen­er­al meet­ing may also be held without com­ply­ing with the ap­plic­able reg­u­la­tions on con­ven­ing meet­ings if the res­ol­u­tions are de­cided in writ­ing on pa­per or elec­tron­ic­ally, unless a shareholder or their representative requests an oral debate.