Appropriation of retained earnings

Proposal of the Board of Directors to the Annual General Meeting of 14 March 2023

in CHF thousands

2022

2021

Net result of the year

32 559

‑ 46 579

Retained earnings carried forward from prior year

-

-

Retained earnings at the end of the year

32 559

‑ 46 579

Dividend payment

‑ 27 000

‑ 7 800

Allocation to/from reserves from retained earnings

‑ 5 559

54 379

Retained earnings to be carried forward to next year

-

-

The Board of Directors will propose to the Annual General Meeting of 14 March 2023 that a dividend of CHF 4.50 per share be distributed to shareholders and that the remaining amount from the net result for 2022 be allocated to retained earnings.

For the prior year, in accordance with the corresponding resolution of the Annual General Meeting, a dividend of CHF 1.30 per share was distributed to shareholders from retained earnings.