The foundation's purpose is to provide pension benefits, specifically occupational pension benefits, for the benefit of the personnel of the subsidiaries or sister companies of Orior AG. The affiliation of a subsidiary or sister company is decided by the foundation board; the prior consent of Orior AG is explicitly reserved. The foundation provides old-age, death, and disability benefits. In cases of illness, accident, unemployment, or material difficulties, it can also provide additional and support benefits. The foundation board can decide, in consultation with Orior AG and the company to be affiliated, to establish a pension plan for that company within the foundation. In this case, an affiliation agreement with further details on the affiliation conditions is concluded and signed. The conditions for any possible separation or subsequent liquidation of the pension plan are governed by a partial liquidation regulation. The partial liquidation regulation is subject to the approval of the supervisory authority. The foundation's purpose is to implement the mandatory occupational pension scheme within the framework of the BVG and its implementing provisions. It can extend the pension benefits beyond the statutory minimum benefits.
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