Auditors

The auditors are appointed each year by the Annual General Meeting. The current auditors Ernst & Young AG assumed their mandate in 2018. The present lead auditor, André Schaub, has been responsible for this mandate since 1 January 2025, which is limited by law to a period of seven years.

The group-wide fees charged by the current auditors for the audit mandate (audit) for the reporting period amounted to CHF 537,977 (previous year: CHF 505,141). For additional audit-related services, the auditors also charged a total of CHF 55,610 (previous year: CHF 67,000) and for other services CHF 40,000 (previous year: CHF 0).

The Audit & Finance Committee is responsible for monitoring and supervising the external audit. It deals with the formulation and approval of integrated audit planning, which includes the plans for both external and internal audits. Moreover, the Audit & Finance Committee evaluates and analyses the respective audit reports and approves the fees for the external audit. The Audit & Finance Committee supports the formal request for the re-appointment of the current auditor Ernst & Young AG for the 2026 financial year.

The auditors provide a written report on the results of the interim audit and the end-of-year audit. The lead auditor from the external auditing firm participates in the relevant agenda items at least twice a year at the meetings of the Audit & Finance Committee.