Allgemeiner Fürsorgefonds der Huber + Suhner AG

The foundation aims to provide care for the benefit of active and retired employees of Huber+Suhner AG, in particular through measures to ensure economic security in old age, to provide for family members in the event of the death of a beneficiary, and to provide assistance in special cases of need such as illness, accident, disability, unemployment, and other situations, as well as for health care, each in addition to other tax-exempt pension institutions that exist for the benefit of the beneficiaries and whose services, respectively, through the financing of services of other tax-exempt pension institutions that exist for the benefit of the beneficiaries. The foundation can also provide bridging assistance for employees who retire prematurely, but before reaching the age of retirement, from the time of possible early retirement. The foundation can provide services to other tax-exempt pension institutions that exist for the benefit of the beneficiaries, such as financing contributions and insurance premiums, or financing other services such as compensation measures in the context of regulatory adjustments or to remedy benefit reductions at the expense of the beneficiaries in the event of early retirement. In doing so, it can also take over the financing of restructuring measures in another pension institution and provide security in the event of underfunding, or fully or partially finance the corresponding underfunding. The employer's contributions may be made from the foundation's funds, provided that the contributions of the insured employees are also financed to at least the same extent. Otherwise, the company's contributions may only be made from previously accumulated and separately disclosed employer contribution reserves. The foundation may also, by decision of the foundation board, which must be notified to the supervisory authority, include the personnel of companies economically or financially closely related to the company, provided that the necessary funds are made available to the foundation and the acquired rights and entitlements of the previous beneficiaries are not impaired. No benefits may be paid from the foundation's assets for which the founding company is legally obligated or which it customarily pays as compensation for services rendered.