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10 Corporate Governanceacquisition of products, intellectual property or licenses by or for investment projects of the Company or any of its group companies, or for the financing or refinancing of any of such transactions through a placement of shares.As of December 31, 2023, the Company%u2019s total conditional share capital amounts to 3,282,537 shares or CHF 0.33 million.Change in Capital Over the Past Three YearsIn addition to the tabular overview, information about changes in the capital during the years 2021 through 2023 is presented in Note 27 to the Consolidated Financial Statements.Shares and Participation Certificates As of December 31, 2023, the Company has issued 65,042,963 fully paid-in registered shares with a nominal value of CHF 0.10 each. Except for the treasury shares held by the Company (if any), each share carries one vote (subject to the relevant shareholder being registered in the share register as a shareholder with voting rights), and each share carries a dividend entitlement. As of December 31, 2023, the Company held 92,976 treasury shares.As of December 31, 2023, the Company has not issued any non-voting equity securities, such as participation certificates (Partizipationsscheine)Dividend-Right Certificates (Genussscheine)As of December 31, 2023, the Company has not issued any dividend-right certificates (Genussscheine).Limitations on Transferability and NomineeRegistrationsEach share recorded and registered under a shareholder%u2019s name in the share register of the Company entitles its holder to one vote. There are no preferential rights for individual shareholders. There are no voting right restrictions and, consequently, no exceptions were made in 2023.The shares of the Company are issued as uncertificated securities and registered as intermediated securities. They are included in the SIX SIS clearing system. Transfers of intermediated shares, including the granting of security interests, are subject to the Federal Act on Intermediated Securities (Bucheffektengesetz). The transfer of uncertificated shares is effected by a corresponding entry in the books of 2. Capital StructureShare CapitalAs of December 31, 2023, the ordinary share capital of the Company amounts to CHF 6,504,296.30 and is divided into 65,042,963 registered shares with a nominal value of CHF 0.10 each.Authorized Share Capital and Conditional CapitalAuthorized Share CapitalAs of December 31, 2023, the Company does not have any authorized share capital.Conditional Share Capital As of December 31, 2023, the Company%u2019s share capital may be increased in the amount of up to CHF 28,253.70 (which would lead to a share capital in the maximum amount of CHF 6,532,550) by issuing up to 282,537 fully paid registered shares with a nominal value of CHF 0.10 each (which would equate to 0.43% of the existing share capital). Such shares may be used for the purpose of employee participation. The Board of Directors determines the issue price as well as the date of the dividend entitlement and resolves on the allocation of the shares pursuant to the relevant participation plan. Shareholders have no pre-emptive rights.On March 16, 2023, the Company resolved on a further conditional capital. The Company%u2019s share capital may be increased in an amount not exceeding CHF 300,000 through the issuance of up to 3,000,000 fully paid-in registered shares with a par value of CHF 0.10 each through the exercise or mandatory exercise of conversion, option, subscription or other rights to acquire shares or through obligations to acquire shares, which were granted to or imposed on shareholders or third parties alone or in connection with bonds, notes, options, warrants or other securities or contractual obligations of the Company or any of its group companies (hereinafter collectively referred to as Financial Instruments).The Board of Directors is authorized to restrict or withdraw advance subscription rights of shareholders in connection with the issuance of Financial Instruments by the Company or one of its group companies and allocate such rights to third parties, the Company or any of its group companies if the Financial Instruments are issued for the acquisition of companies, part(s) of companies or participations, for the Change in Capital Over the Past Three Years 2021 2022 2023Number of shares, January 1 65,042,963 65,042,963 65,042,963Share capital in CHF, January 1 6,504,296.30 6,504,296.30 6,504,296.30Number of shares, change during year 0 0 0Share capital in CHF, change during year 0 0 0Number of shares, December 31 65,042,963 65,042,963 65,042,963Share capital in CHF, December 31 6,504,296.30 6,504,296.30 6,504,296.30