Proposed appropriation of retained earnings
The Board of Directors proposes to the General Assembly that the retained earnings be appropriated as follows:
| CHF | 2025 | 2024 | ||
|---|---|---|---|---|
| Balance carried forward from the previous year | 592,171,363.17 | 547,525,118.61 | ||
| Profit for the year | 84,802,975.73 | 96,529,871.40 | ||
| Retained earnings | 676,974,338.90 | 644,054,990.01 | ||
| Appropriation to the general legal reserves | – | – | ||
| Dividend payment | 45,816,225.59 | 51,883,626.84 | ||
| Balance to be carried forward | 631,158,113.31 | 592,171,363.17 | ||
| Total appropriation | 676,974,338.90 | 644,054,990.01 |
Since legal capital reserves and legal retained earnings have reached 50% of the share capital, no more funds will be allocated to these accounts.
Aarau, 16 April 2026
On behalf of the Board of Directors:
Adrian Bult, Chairman