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8.19 Proposed appropriation of retained earnings and unrestricted reserves

The Board of Director’s proposes to the Annual General Meeting on 11 May 2021 the payment of a dividend of CHF 3.00 per share.

Proposed appropriation of retained earnings and unrestricted reserves

in CHF thousand   2020
Retained earnings at the beginning of the period   103,346
Change due to merger   –2,618
Net income for the period   7,977
Retained earnings available to the annual general meeting   108,705
Dividend of CHF 3.00 per share   –5,880
Carried forward   102,825