Proposal of the Board of Directors

Concerning the Appropriation of Available Earnings and Reserves from Capital Contributions

CHF

 

2018

 

 

 

Available earnings brought forward

 

1,562,511,342

Profit for the year

 

639,612,612

Available earnings at the disposal of the Annual General Meeting

 

2,202,123,954

Available earnings carry-forward

 

2,202,123,954

CHF

 

2018

 

 

 

Legal capital reserves qualified as reserves from capital contributions

 

2,882,051,469

Reserves from capital contributions

 

2,882,051,469

 

 

 

Payment of a dividend (out of reserves from capital contributions) in 2018 of CHF 2.75 (2017: CHF 2.75) per share on the share capital eligible for dividend of CHF 74,246,157 (2017: CHF 74,466,154)

 

(204,176,932)

Available reserves from capital contributions carry-forward

 

2,677,874,537

If the General Annual Meeting approves the above proposal from the Board of Directors, a dividend of CHF 2.75 per registered share, net of withholding tax (as per Article 5 Abs 1bis VStG), will be paid as of 26 April 2019.

Basel, 26 February 2019

Albert Baehny
Chairperson of the Board of Directors

Richard Ridinger
Chief Executive Officer