Corporate Governance

BEKB | BCBE addresses corporate governance issues as follows:

1. Separation of Board of Directors and Executive Board.
2. No appointment of members of the Executive Board to the board of directors of companies where a member of BEKB | BCBE’s Board of Directors sits on the executive board.
3. The compensation model for members of the Board of Directors is set by the entire Board of Directors and published in full.
4. The Executive Board’s remuneration is determined by the Board of Director’s Committee to which no members of the Executive Board belong.
5. BEKB | BCBE does not pay any leaving remunerations.
6. No further payments as defined in par. 5.7 of the Corporate Governance Guidelines (RLCG of 1.7.2002 issued by SWX Swiss Exchange), such as consultancy fees, are paid in addition to the payments made under the Board of Directors’ remuneration model.