Personalfürsorgestiftung der Firma Ganz & Co. AG, St. Gallen

Provision of benefits (old age, death and disability) and emergency assistance in cases of illness, accident and unemployment to the employees of the founding company and their dependents and beneficiaries. Subsidiaries or companies economically close to the founding company may be affiliated with the foundation, provided that they provide the same benefits. Extraordinary contributions must be separately disclosed for each company and may only be used for the employees of the respective companies. The foundation may make contributions and provide benefits to other tax-exempt pension institutions to which the founding company or the foundation is affiliated, as well as to those to which the founding company is obligated under the Federal Act on Occupational Old-Age, Survivors' and Disability Insurance (BVG).