Remuneration of the Board of Directors 2023

The remuneration of the Board of Directors was revised in the business year 2023. The remuneration of the Board of Directors now consists of a basic fee, which is paid in cash and in the form of shares, and a fee for work on the committees, which is paid in cash.

The remuneration of the Board of Directors for the 2023 financial year totals CHF 549,561 (including social security contributions). Due to the adjustment of the remuneration of the individual functions closer to the market level, the aggregate remuneration is slightly higher than in the previous year, although the Board of Directors has been reduced from nine to seven members as of the Annual General Meeting 2023.

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2023, in CHF, gross (audited)	Basic fee in cash	Basic fee in shares	Fee for additional functions in cash 1)	Total	Social insurance contributions	Overall sum incl. social insurance contributions
Andrea Zappia, Chairman	90 000	40 000	13 333	143 333	0	143 333
Marco Gadola, Vice Chairman	45 000	20 000	16 667	81 667	6 173	87 839
Markus Breitenmoser	30 000	13 333	10 000	53 333	4 029	57 362
Christoph Brutschin 2) 4)	10 000	0	8 333	18 333	1 042	19 376
Dr. Balz Hösly 2) 4)	10 000	0	3 333	13 333	911	14 244
Dr. Dagmar Kamber Borens 2)	30 000	13 333	15 000	58 333	4 419	62 752
Eleni Lionaki 3) 4)	10 000	0	0	10 000	0	10 000
James R. Murdoch 3)	30 000	13 333	5 000	48 333	0	48 333
Jeffrey Palker 3)	30 000	13 333	20 000	63 333	0	63 333
Rapahel Wyniger 2)	20 000	13 333	6 667	40 000	2 987	42 987
Total	305 000	126 665	98 333	530 000	19 561	549 561

1) Includes fees for the GNCC, AC and SC.

2) The remuneration for the BoD members appointed by the public authorities are paid to the addresses given by the BoD members.

3) Payment of the fees to Lupa Investment Holdings LP.

4) Member of the BoD until 04.05.2023.

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Explanations on Remuneration 2023

As of 01.01.2023, the attendance fees have been integrated into the basic fee. The increase in the basic fee by issuing shares resolved in summer 2023 came into effect in the business year 2023 on a pro rata basis from May to December.

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No sign-on bonuses or severance payments were paid to members of the Board of Directors. As in the previous year, no loans or credit were granted to the Board of Directors in the reporting year. There are no such loans or credit outstanding as of 31.12.2023. As in the previous year, no suretyships (sureties, guarantees) were granted to members of the Board of Directors in the reporting year. There are no such suretyships outstanding as of 31.12.2023.

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More information on the remuneration model of the Board of Directors are provided in the section “Remuneration Systems”.
Online: Link
Download pdf: Page 135

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Meetings in business year 2023

Board of Directors: 9
(Total meeting duration 29 hours)
Governance, Nomination and Compensation Committee: 7
(Total meeting duration 10 hours)
Audit Committee: 6
(Total meeting duration 15 hours)

Resolutions and Motions Annual General Meeting

The Annual General Meeting of 23.05.2022 has approved the maximum aggregate amount of CHF 660,000 (gross, including social insurance contributions) as remuneration for the Board of Directors for the business year 2023. The remuneration for the business year 2023 is below this approved maximum aggregate amount.

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The Annual General Meeting on 21.05.2024 will be asked to approve the maximum aggregate amount of CHF 660,000 (gross, including social insurance contributions) as remuneration for the Board of Directors for the business year 2025. The maximum aggregate amount will thus remain unchanged for the business years 2022 to 2025.

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Remuneration of the Board of Directors 2022

The complete Remuneration Report 2022 of MCH Group Ltd. is available on the MCH Group website under “Investors” | “Reports”:
Link: https://www.mch-group.com/en/investors/reports/

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2022, in CHF, gross (audited)	Basic fee	Fee for additional functions 1)	Attendance fees	Lump sum expenses allowance	Total	Social insurance contributions	Overall sum incl. social insurance contributions
Andrea Zappia, Chairman	76 000	6 000	23 500	5 000	110 500	0	110 500
Marco Gadola, Vice Chairman	36 000	5 250	19 000	2 000	62 250	9 186	71 436
Markus Breitenmoser	21 000	3 000	16 500	1 000	41 500	6 174	47 674
Christoph Brutschin 2)	21 000	8 000	37 000	1 000	67 000	10 062	77 062
Dr. Balz Hösly 2)	21 000	4 250	17 000	1 000	43 250	6 441	49 691
Dr. Dagmar Kamber Borens 2)	21 000	5 000	15 000	1 000	42 000	6 251	48 251
Eleni Lionaki 3)	21 000	6 000	29 000	1 000	57 000	0	57 000
James R. Murdoch 3)	21 000	5 000	9 000	1 000	36 000	0	36 000
Jeffrey Palker 3)	21 000	3 000	21 500	1 000	46 500	0	46 500
Total	259 000	45 500	187 500	14 000	506 000	38 114	544 114

In 2022, the expense allowance has been disclosed, although it does not deemed remuneration and is not added to the amounts subject to approval by the Annual General Meeting.

1) Includes fees for the GNCC, AC and SC.

2) The remuneration for the BoD members appointed by the public authorities are paid to the addresses given by the BoD members. The payment of family allowances of CHF 12,325 (incl. additional payment for 2021 of CHF 975.00 ) by the Basel-Stadt compensation office is not included in the table.

3) Payment of the fees to Lupa Investment Holdings LP.