Board of Directors’ proposal for the appropriation of retained earnings

01 Retained earnings in 2025

01Retained earnings in 2025

In thousands of CHF

2025

Earnings brought forward

127,274

Net income for the year

16,509

Retained earnings available for distribution

143,783

02 Proposal for the appropriation of retained earnings

02Proposal for the appropriation of retained earnings

At the Annual Shareholder Meeting the Board of Directors will propose to pay a dividend of CHF 0.50 per share from retained earnings.

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

In thousands of CHF

2025

Retained earnings at December 31, 2025

143,783

Dividend payment of CHF 0.50 per share

(3,885)

Retained earnings carried forward

139,898

Provided the proposal is approved, the dividend of CHF 0.50 per entitled share, less 35% withholding tax, will be paid on April 20, 2026.