CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

Retained earnings

CHF 1,000

Share capital

Capital reserves

Treasury shares

Goodwill recognised

General reserves

Total equity

Equity as at 1 January 2025

1,280

–953

–2,526

–10,144

1,351,847

1,339,505

Net profit

80,215

80,215

Distribution to shareholders

–33,170

–33,170

Purchase of treasury shares

–2,930

–2,930

Use of treasury shares

216

1,172

1,388

Equity as at 30 June 2025

1,280

–736

–4,284

–10,144

1,398,892

1,385,007

Net profit

71,823

71,823

Changes in scope of consolidation

–2,829

–2,829

Equity as at 31 December 2025

1,280

–736

–4,284

–12,973

1,470,715

1,454,002

Equity as at 1 January 2026

1,280

–736

–4,284

–12,973

1,470,715

1,454,002

Net profit

67,586

67,586

Distribution to shareholders

–38,308

–38,308

Use of treasury shares

296

1,178

1,474

Equity as at 30 June 2026

1,280

–440

–3,106

–12,973

1,499,993

1,484,753

The disclosures in the notes form an integral part of the consolidated financial statements.