Wohlfahrtsfonds der Bank Baumann & Cie.

Provision for the employees, partners and beneficiaries of Bank Baumann & Cie. and economically or financially closely related companies, as well as their relatives and beneficiaries, particularly against the economic consequences of old age, death and disability, and also in the event of illness, accident, unemployment, military service and special hardship cases, to the extent that the benefits from the mandatory insurance under the Federal Act on Occupational Pensions are insufficient. In particular, employer contributions to other pension institutions to which the founding company is affiliated can also be made from the free foundation assets.