Proposal of the Board of Directors

Proposal of the Board of Directors

Appropriation of retained earnings

The Board of Directors proposes to the Annual General Meeting to allocate the retained earnings as follows:

CHF

 

Net income / (loss) for 2022 reported in the income statement

– 39,173,947

Retained earnings carried forward

1,351,680,289

Retained earnings

1,312,506,342

 

 

Transfer to legal retained earnings

0

Balance to be carried forward

1,312,506,342