Group Executive Board

The Group Executive Board comprised the following persons as at December 31, 2021:

Patrik Gilli (former CFO) resigned from the Group Executive Board at the end of July 2020 and left the Group at the end of November 2020. His function as CFO was taken over by Michael Hutter as of August 1, 2020.

Thomas Pixner (former CEO of Bank am Bellevue AG) resigned from the Group Executive Board at the end of January 2020 and left the Group at the end of April 2020.

Additional information on the members of the Group Executive Board:

CEO BELLEVUE GROUP

André Rüegg

André Rüegg has held senior positions in asset management since 1995. He built up global distribution at Julius Bär and led the unit for more than a decade, also as a member of the extended Executive Board. In 2009, he joined Bellevue Asset Management and was instrumental in driving its strategic repositioning. Since 2012, he has been responsible for its business as CEO. Since 2016 he has been CEO of Bellevue Group.

Other mandates: André Rüegg is Chairman of the Board of Directors of Bellevue Funds (Lux) SICAV, Luxemburg.

CFO BELLEVUE GROUP

Michael Hutter

Michael Hutter has held the position of CFO, COO and CRO at Bellevue Asset Management and its investment companies since 2008. Since 2020, he has been CFO of Bellevue Group. Prior to that, the business economist worked for ten years as a senior manager in the audit division at PricewaterhouseCoopers.

Other mandates: Michael Hutter is an Alternate Member of the Board of Directors of Ascend Sport Technology AG (previously AIM Sport Holding AG), Switzerland.

CEO BELLEVUE PRIVATE MARKETS

Jan Kollros

Jan Kollros, CEO Bellevue Private Marktets and managing partner of adbodmer AG, has been a member of the Bellevue Group Executive Board since 2019. He joined adbodmer AG in 2005, where he became a partner in 2009. He holds a degree in mechanical engineering and business and production sciences from the Swiss Federal Institute of Technology (ETH) Zurich.

Other mandates in connection with the CEO function of Bellevue Private Markets AG/adbodmer AG: Jan Kollros is a Member of the Board of Directors of Evatec AG, Switzerland, Lalique Group SA, Switzerland, Haas & Company AG, Switzerland, Bédat & Co. AG, Switzerland, Luxury Concepts SA, Switzerland, The Hess Group AG, Switzerland, Nextlens AG, Switzerland and Optotune Holding AG, Switzerland.

Statutory rules in relation to the number of permissible activities of the Executive Board pursuant to Article 12(1)(1) VegüV

Pursuant to Article 32 of the Articles of Association, subject to prior approval of the Board of Directors or the Compensation and Nomination Committee, the members of the Executive Board may each execute a maximum of ten activities, of which a maximum of two in listed companies. Excluded from this are activities in legal entities controlled by the company or which control the company. Also excluded from the restrictions are activities in foundations, charitable institutions and employee pension funds; however, these are restricted to a maximum of ten such activities.

The term activity in the meaning of this provision describes the membership in the supreme managerial and administrative bodies of legal entities which are obliged to register themselves in the commercial register or in a corresponding foreign register. Several activities in legal entities which are under unitary control or under the control of the same beneficial owner are considered to be one activity.