2. Capital structure

The ordinary share capital on 31 December 2024 stood at CHF 15 751 125 and is divided into 7 052 745 registered voting shares at CHF 1.00 each and 869 838 registered preferred shares at CHF 10.00 each.

Since 18 May 2017, the conditional share capital amounted to CHF 1 396 638 (1 396 638 registered voting shares with a nominal value of CHF 1.00 each) in accordance with Article 3a of the Articles of Association. No change occurred in 2023. As of 31 December 2024, the conditional capital amounts to CHF 1 396 638 (1 396 638 registered voting shares with a nominal value of CHF 1.00 each).

The company has a capital band between CHF 15 751 125 (lower limit) and CHF 16 751 125 (upper limit) according to Article 3c of the Articles of Association. The Board of Directors is authorized to increase the share capital at any time until 17 May 2028 up to a maximum amount of CHF 1 million once or several times and in any amounts. The capital increase can be carried out by issuing a maximum of 1 million registered voting shares with a nominal value of CHF 1.00 each, to be fully paid up. More information about the capital structure can be found in note 22 of the Consolidated Group Financial Statements.