Board of Directors’ proposal for the appropriation of retained earnings

At the Annual Shareholder Meeting the Board of Directors will propose to pay a dividend of CHF 1.50 per share from retained earnings.

Provided this dividend is approved, it will result in the following movement in retained earnings:

Provided the proposal is approved, the dividend of CHF 1.50 per entitled share, less 35% withholding tax, will be paid on April 16, 2025.