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Annual Report 2015

Compensation decisions for members of governing bodies

The section below is in line with Swiss law and specifically with Articles 14 to 16 of the Swiss Ordinance Against Excessive Compensation at Public Corporations (the Ordinance) which require disclosure of compensation paid to members of the Board of Directors and the Group EC. Compensation to members of the Board of Directors and the highest paid member of the Group EC is shown individually. This section is audited as required by the Ordinance.