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 2023 reported in the income statement

121,574,821

Retained earnings carried forward

1,219,797,323

Retained earnings

1,341,372,144

 

 

Dividend of CHF 3.50 per share

– 115,886,274

Balance to be carried forward

1,225,485,870