Proposal for the distribution of available earnings

The Board of Directors will propose to the General Meeting of Shareholders that the available earnings be used as follows:

(CHF million)

 

31.12.2021

 

31.12.2020

Profit brought forward

 

1,689.4

 

1,817.2

Result for the year

 

9.6

 

–127.8

Available earnings

 

1,699.0

 

1,689.4

To be carried forward 1)

 

1,699.0

 

1,689.4

1) Owing to the widespread impact of COVID-19 and to safeguard liquidity, it was decided not to pay a dividend for the 2019 and 2020 financial years. A proposal will be made to the General Meeting of Shareholders to waive payment of a dividend for the current year too.