Introduction

Responsibility and transparency

Clear structures, verifiable processes and responsible behavior form the basis for good Corporate Governan­ce. They create transparency, streng­then the trust of shareholders, employees, customers and business partners, and help to sustainably ensure the creation of added value.

The basic principles of good Corporate Governance lay the foundations for sustainable business success. They define responsibilities clearly, facilitate open communication and ensure compliance with statutory and regulatory requirements. The Board of Directors and Group Executive Board attach the utmost of importance to effective governance in order to enshrine trust and integrity within the company.

The report follows the Directive on Information relating to Corporate Governance (DCG) published by the SIX Swiss Exchange AG and the recommendations set out in the Swiss Code of Best Practice for Corporate Governance published by economiesuisse. All figures apply to December 31, 2025, unless otherwise stated.