The Board of Directorsʼ proposed appropriation of 
available earnings 

For the 2025 year, the Board of Directors will recommend to the Annual General Meeting of 10 April 2026 that a dividend of CHF 4.00 per share be paid. Subject to the approval of shareholders at the Annual General Meeting on 10 April 2026, dividends will be paid on 16 April 2026 to shareholders registered as of 10 April 2026.

in CHF mn

2025

2024

At the disposal of the General Meeting:

Balance brought forward

Net income / (loss)

47.8

76.6

Retained earnings

47.8

76.6

Proposal of the Board of Directors:

Retained earnings

47.8

76.6

Dividend payment

-42.4

-50.9

Allocation to voluntary retained earnings

-5.4

-25.7

Balance to be carried forward

Zurich, 13 March 2026

For the Board of Directors

Chairman                                                                                                              Chief Operating Officer (COO)
Pietro Supino                                                                                                      Tanja zu Waldeck