Federal Act
on the Organisation of Swiss Post
(Post Organisation Act, POA)

1 The unit of the Swiss Post Ltd. Group that provides pay­ment ser­vices un­der the postal ser­vice le­gis­la­tion shall be spun-off in­to a private com­pany lim­ited by shares known as Post­Fin­ance Ltd.

2 Swiss Post Ltd. is the share­hold­er of Post­Fin­ance Ltd. It must hold a ma­jor­ity of the com­pany's equity cap­it­al and vot­ing rights.

3 Ex­ist­ing con­trac­tu­al re­la­tion­ships re­lat­ing to pay­ment ser­vices shall be trans­ferred at the time of the spin-off to Post­Fin­ance Ltd.

4 In its ca­pa­city as em­ploy­er, Post­Fin­ance Ltd. shall con­tin­ue the ex­ist­ing em­ploy­ment re­la­tion­ships. The pub­lic-law em­ploy­ment re­la­tion­ships shall be con­ver­ted in­to private-law em­ploy­ment re­la­tion­ships at the time of the spin-off of Post­Fin­ance, or no later than two years there­after.

5 Any entries in the land re­gister, the com­mer­cial re­gister, and any oth­er pub­lic re­gisters in con­nec­tion with the de­con­sol­id­a­tion and the trans­fer of as­sets shall be ex­empt of taxes and charges.

6 The pro­vi­sions of the Mer­gers Act of 3 Oc­to­ber 2003¹³ ap­ply mu­tatis mutandis to the spin-off of Post­Fin­ance and the trans­fer of as­sets; the Fed­er­al Coun­cil may de­clare in­di­vidu­al pro­vi­sions as not ap­plic­able.

7 The spin-off re­quires the ap­prov­al of the Fed­er­al Coun­cil.