5. Remuneration architecture for the Board of Directors
The remuneration of the members of the BoD is defined in a regulation adopted by the BoD and consists of an annual fixed retainer and remuneration for committee work. The remuneration is paid in the form of shares subject to a four-year blocking period. In addition, the members of the BoD receive a lump sum to cover their expenses, paid out in cash.
The Chair of the BoD receives an annual total fixed retainer paid 70% in cash and 30% in restricted shares subject to a four-year blocking period. The Chair also receives the expense allowance but is not entitled to additional fees for committee attendance.
Annual fees |
|
in CHF |
|
Delivery |
|---|---|---|---|---|
Chair |
|
885,000 |
|
Cash and restricted shares |
Vice Chair |
|
245,000 |
|
Restricted shares |
Member of the BoD |
|
190,000 |
|
Restricted shares |
Chair of NCC/Audit Committee |
|
45,000 |
|
Restricted shares |
Member of NCC/Audit Committee |
|
30,000 |
|
Restricted shares |
Expense allowance |
|
15,000 |
|
Cash |
The remuneration is paid out at the end of the term of office and is subject to contributions to social security. The members of the BoD are not covered under the company pension plan.
The shares are subject to an accelerated unblocking in case of death. They remain subject to the regular blocking period of four years in all other instances.
Further information regarding the remuneration amounts for the period from the 2026 AGM to the 2027 AGM is provided in the invitation to the 2026 AGM.