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Approval levels

Proposal

Review

Approval

Remuneration principles (Articles of Association)

Nomination and Compensation Committee

Board of Directors Annual General Meeting (binding vote)

Remuneration models for the Board of Directors and Executive Management

Nomination and Compensation Committee Board of Directors

Remuneration Report

Nomination and Compensation Committee Board of Directors Annual General Meeting (consultative vote)

Maximum aggregate amount of remuneration for Board of Directors

Nomination and Compensation Committee Board of Directors Annual General Meeting (binding vote)

Individual remuneration of Board of Directors members

Nomination and Compensation Committee Board of Directors

Maximum aggregate amount of remuneration for Executive Management

Nomination and Compensation Committee Board of Directors Annual General Meeting (binding vote)

Remuneration CEO

Nomination and Compensation Committee Board of Directors

Individual remuneration other members of Executive Management

CEO Nomination and Compensation Committee Board of Directors

Remuneration model for
members of the Board of Directors

Cash
(CHF)
Blocked shares
(CHF)

Base fee

For Board membership

30'000 150'000

Additional fee

For special functions

Board chairmanship

100'000 180'000

Board vice-chairmanship

50'000

Committee chairmanship

40'000

Committee membership

20'000

Remuneration model for
the Executive Management

Instrument

Purpose

Fixed base salary

Monthly cash payments To compensate for performance of duties and for qualifications required to perform the role

Variable incentive

Annual cash payment

To reward collective business performance in the reporting year (revenue, profit and sustainability criteria)

Long-term incentive plan

Annual granting of performance share units with a vesting period of three years To drive sustainable results and create long-term alignment with shareholders' interests

Employer social insurance contributions and perquisites

Retirement pension, insurance and perquisites To protect against risks and reimburse business expenses

Overview of the performance indicators and their weighting for calculating the variable incentive

Target values in % of annual fixed base salary

CEO

COO, CFO, CTO, CSO

Net sales growth relative to peers

36 %

10 % – 20 %

EBIT improvement relative to peers

36 %

10 % – 20 %

Sustainability measurement parameters

18 %

5 % – 10 %

Total (at target)

90 %

25 % – 50 %

Total (at maximum)

180 %

50 % – 100 %

Remuneration Board of Directors in 2023 (term)

Table 1, in CHF

Name

Function

Fixed base salary,

gross

Share participation2

Number

Share participation2

Fair value

Employer social insurance contributions

Total remuneration

Paul Hälg1

Chairman

130'000

1'487

330'203

26'543

486'746

Hanspeter Fässler

Vice Chairman

70'000

901

200'076

14'941

285'017

Jens Breu

Director

50'000

676

150'113

13'588

213'701

Claude R. Cornaz

Director

50'000

676

150'113

13'588

213'701

Jürg Fedier

Director

70'000

676

150'113

12'196

232'309

Martin Hirzel

Director

50'000

676

150'113

13'588

213'701

Gabi Huber

Director

50'000

676

150'113

10'711

210'824

Judith van Walsum

Director

50'000

676

150'113

13'588

213'701

Total for Directors

520'000

6'444

1'430'957

118'744

2'069'701

Remuneration Board of Directors in 2022 (term)

Table 2, in CHF

Name

Function

Fixed base salary,

gross

Share participation2

Number

Share participation2

Fair value

Employer social insurance contributions

Total remuneration

Paul Hälg1

Chairman

130'000

1'092

330'194

22'360

482'554

Hanspeter Fässler

Vice Chairman

70'000

662

200'172

12'410

282'582

Jens Breu

Director

50'000

497

150'280

11'555

211'835

Claude R. Cornaz

Director

50'000

497

150'280

11'555

211'835

Jürg Fedier

Director

70'000

497

150'280

10'301

230'581

Martin Hirzel

Director

50'000

497

150'280

11'555

211'835

Gabi Huber

Director

50'000

497

150'280

8'817

209'097

Judith van Walsum

Director

30'000

497

150'280

9'851

190'131

Total for Directors

500'000

4'736

1'432'046

98'406

2'030'452

Remuneration Executive Management in 2023

Table 3, in CHF

Name

Function

Fixed base salary, gross

Variable incentive, gross3

Performance Share Units4 Number

Performance Share Units4 Grant value

Employer social insurance contributions

Perquisites

Total remuneration

Dirk Lambrecht1

CEO 655'000

554'850

3'475

650'103

368'644

10'690

2'239'287

Total for Executive Management2

1'760'421

921'521

6'336

1'185'339

953'188

83'922

4'904'391

Remuneration Executive Management in 2022

Table 4, in CHF

Name

Function

Fixed base salary, gross

Variable incentive, gross3

Performance Share Units4 Number

Performance Share Units4 Grant value

Employer social insurance contributions

Perquisites

Total remuneration

Dirk Lambrecht1

CEO 655'000

620'446

1'680

650'244

368'456

10'440

2'304'586

Total for Executive Management2

1'538'726

957'143

2'894

1'120'058

836'041

50'588

4'502'556

Long-term incentive plans

Includes members of Executive Management as of 31 December 2023

Plan

Participants

Grant date PSU

Performance period

Vesting date PSU

Number of PSU granted

Value of PSU at grant date in CHF

Vesting level in % of grant

Number of shares (vesting)

Value of shares at vesting date in CHF

LTIP 2020

(Exec Mana­gement incl. CEO)

01.01.2020

2020–2022

31.12.2022

6'234

1'115'387

164%

10'625

2'122'875

LTIP 2021

(Exec Mana­gement incl. CEO)

01.01.2021

2021–2023

31.12.2023

4'523

1'115'598

To be determined

To be determined

To be determined

LTIP 2022

(Exec Mana­gement incl. CEO)

01.01.2022

2022–2024

31.12.2024

2'948

1'141'023

To be determined

To be determined

To be determined

LTIP 2023

(Exec Mana­gement incl. CEO)

01.01.2023

2023–2025

31.12.2025

6'336

1'185'339

To be determined

To be determined

To be determined

Functions of the members of the Board of Directors in other companies

As of 31 December 2023

Dr. Paul Hälg

Director Delegate

Aranos AG

Director

Dätwyler IT Infra AG

Chairman

Sika AG

stock listed

Director

Sonceboz Automotive SA

Dr. Hanspeter Fässler

Chairman

ANYbotics AG

Vice Chairman

Axpo Holding AG

Chairman

Dätwyler IT Infra AG

Chairman

Drone Harmony AG

Chairman

Gravis Robotics AG

Director

Hatebur Umformmaschinen AG

Director

So Real Digital Twins AG

Jens Breu

CEO

SFS Group AG

stock listed

Claude R. Cornaz

Vice Chairman

Cornaz AG-Holding

Vice Chairman

H. Goessler AG

Chairman

Vetropack Holding AG

stock listed

Jürg Fedier

Director

Ascom Holding AG

stock listed

Director

OC Oerlikon Corporation AG

stock listed

Martin Hirzel

Director

Bucher Industries AG

stock listed

Director

IPZ Property AG

Director

Lantal Textiles AG

Director

Ronal AG

Director

Testex AG

Dr. Gabi Huber

Vice Chairman

UBS Switzerland AG

Director

Credit Suisse (Schweiz) AG

Dr. Judith van Walsum

CFO

Roche Diabetes Care GmbH

Functions of the members of the Executive Management in other companies

As of 31 December 2023

Dirk Lambrecht

Director

Dätwyler IT Infra AG

Walter Scherz

Chairman

Comed AG

Dirk Borghs

Director

Target Foods NV

Sabrina Gérard

Chairwomen

Mentor Management Consulting BV

Dr. Frank Schön